Overview
What is Charter Foundation Inc?
Charter Foundation Inc, operating under the name AmeriSchools Academy, is a highly performing charter school situated in a diverse economic and cultural community in Phoenix, Arizona. The school serves students from grades K-12, providing a comprehensive course of study in core subjects. Unique to this educational facility is the multi-age setting approach, where students learn core subjects through center-based learning and direct instruction. This learning environment caters to the learning style of each student, ensuring an inclusive and supportive educational environment. Charter Foundation Inc's mission extends beyond the classroom, aiming to foster global peace through personal relationships and promoting educational and charitable services by funding various projects, workshops, and conferences. With a dedicated workforce of 42 individuals, Charter Foundation Inc, as AmeriSchools Academy, continues to make a significant impact on the community.
Official website here: www.amerischools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Charter Foundation Inc, doing business as Amerischools Academy, has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its operational practices. With an overall score of 69%, the organization shows strengths in several areas, including a strong program expense ratio of 83.07%, which reflects a commitment to directing funds towards its educational programs. Additionally, the organization has received full marks in financial statement audits, material diversion of assets, and document retention policies.
However, there are significant weaknesses that hinder its overall rating. Notably, the organization lacks independent board members, scoring zero points in this category, which raises concerns about governance and oversight. It also falls short in transparency, as indicated by the failure to post tax forms on its website and the lack of a whistleblower policy, which are critical for accountability and trust.
Overall, while Amerischools Academy demonstrates a commitment to its mission through program spending, governance and transparency issues must be addressed to strengthen its operations and improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Charter Foundation Inc legitimate?
Charter Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charter Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.amerischools.org
What is the mission statement of Charter Foundation Inc?
Charter Foundation Inc, operating as Amerischools Academy, is committed to initiating and supporting programs aimed at promoting global peace. This is achieved through fostering personal relationships that contribute positively to the peace process. The organization also plays a role in advancing educational and charitable services by making necessary expenditures for various functions, such as acquiring and maintaining real property, purchasing equipment, and funding research projects, workshops, institutes, and conferences. The primary objective of Charter Foundation Inc is to further the educational and charitable goals of the corporation.
Official website here: www.amerischools.org
Who is the CEO of Charter Foundation Inc?
Dee Kidd is the President of Charter Foundation Inc. The CEO's salary of Charter Foundation Inc is $0 and their total compensation is $0.
Official website here: www.amerischools.org
What is the revenue of Charter Foundation Inc?
Charter Foundation Inc's revenue in 2022 was $6,931,640.
Official website here: www.amerischools.org
Who are the executives of Charter Foundation Inc and what are their salaries?
There are 42 employees at Charter Foundation Inc.
Here are 6 key members and their salaries (Charter Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.amerischools.org
Where can I find the form 990 for Charter Foundation Inc?
Charter Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.amerischools.org
Learn more at the official website: www.amerischools.org
Mission Statement of Charter Foundation Inc
Charter Foundation Inc Dba Amerischools Academy, as an educational facility, is dedicated to initiating, developing, and supporting programs aimed at fostering global peace. This is achieved through the establishment of personal relationships that contribute positively to the peace process. The organization promotes and aids in the advancement of educational and charitable services by making expenditures for various functions. These functions can include the acquisition and maintenance of real property, the acquisition of equipment and furnishings used in conjunction with the normal functions of an educational facility, and the development and administration of research projects, workshops, institutes, and conferences. All of these activities serve to further the educational and charitable objectives of the corporation.
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Impact
July, 2024
Charter Foundation Inc Dba Amerischools Academy, operating as an educational facility serving grades K-12 in Arizona, has a significant impact on its community. By providing a high-performing charter school in a diverse economic and cultural setting, the academy ensures that students receive a comprehensive education in core subjects. Through innovative teaching methods such as multi-age settings and center-based learning, the school caters to the individual learning styles of each student.
This approach not only fosters academic growth but also promotes a sense of community and understanding among students from various backgrounds. By prioritizing the development of well-rounded individuals, Charter Foundation Inc Dba Amerischools Academy contributes to the cultivation of a future generation equipped to contribute positively to society.
Through their mission to support programs aimed at worldwide peace and the advancement of educational and charitable services, the academy demonstrates a commitment to holistic growth and value-driven education. The school's dedication to excellence in education and its focus on promoting personal relationships that contribute to the peace process highlight its impactful role in shaping the lives of students and the broader community.
This information is meant to be a general summary of Charter Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $635
- Program Service Revenue: $4,630,313
- Gross Receipts: $6,931,640
Assets and Liabilities:
- Total Assets: $4,031,163
- Total Liabilities: $415,959
- Net Assets: $3,615,204
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AZ EQUALIZATION ASSIST
Revenue
$4,290,292
STUDENT FOOD SERVICE R
Revenue
$235,464
STUDENT ORGANIZATIONS/
Revenue
$104,557
Organization Details
Founding Year
1995
Phone
(520) 296-1100Principal Officer
Dee Kidd
Main Address
5383 E ROCKRIDGE ROAD, PHOENIX, AZ, 85018
Website
www.amerischools.orgNTEE Category
Code: B20Z - Education
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