Overview
What is Verano Learning Partners?
Verano Learning Partners is a nonprofit organization situated in Goodyear, Arizona. It is dedicated to establishing high-quality, nationwide schools, offering rigorous education in an engaging learning environment. To achieve this vision, Verano Learning Partners conducted numerous studies and due diligence activities, which included exploring and executing the application process for innovative schools in various states. The organization, with a workforce of 11 employees, aims to create a lasting, positive impact on students' lives.
Official website here: www.verano.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
Verano Learning Partners has received a low score of 57% from Charity Navigator, resulting in a One-Star rating. This rating highlights significant concerns regarding the nonprofit's financial practices, particularly as it scored poorly in the area of Program Expense Ratio, with only 1 out of 25 points, indicating that a small portion of its budget is allocated to programs directly benefiting its mission.
Despite these financial shortcomings, the organization does demonstrate some strengths in governance and accountability. It boasts an 80% independent board membership, which is a positive factor, and it has solid policies in place, such as a conflict of interest policy and a whistleblower policy, showing a commitment to ethical standards and transparency.
However, the lack of financial statements and low program spending raises important questions about the organization's operational effectiveness. Prospective donors and stakeholders may want to consider these factors carefully before contributing, as the financial health and program focus of Verano Learning Partners appear to need significant improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Verano Learning Partners legitimate?
Verano Learning Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Verano Learning Partners 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: $67,244
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,632,823
For more financial information, click here
Official website here: www.verano.org
What is the mission statement of Verano Learning Partners?
Verano Learning Partners aims to establish and manage top-tier schools nationwide, providing rigorous education in an environment that fosters long-term, positive impacts on students' lives. To achieve this, the organization conducted extensive research and due diligence, including exploring and executing applications for innovative schools in various states, serving as a foundation for its vision of nationwide schools. The mission of Verano Learning Partners is to deliver high-quality education that significantly contributes to students' personal growth and development.
Official website here: www.verano.org
What is the revenue of Verano Learning Partners?
Verano Learning Partners's revenue in 2024 was $5,387,778.
Official website here: www.verano.org
Who are the executives of Verano Learning Partners and what are their salaries?
The average compensation at Verano Learning Partners during 2024 was $94,448. There are 18 employees and 4 volunteers at Verano Learning Partners.
Here are 5 key members and their salaries:
- Compensation: $67,244
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.verano.org
Where can I find the form 990 for Verano Learning Partners?
Verano Learning Partners's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.verano.org
Learn more at the official website: www.verano.org
Mission Statement of Verano Learning Partners
Verano Learning Partners, as an organization, is dedicated to constructing and managing top-tier schools across the nation. Their mission is to deliver rigorous education in an engaging learning environment, aiming to create a lasting, positive impact on each student's life. To bring this vision to life, Verano Learning Partners conducts extensive research and due diligence activities. This includes exploring and executing the application process for innovative schools in various states, serving as the foundation for their nationwide schools project.
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Impact
July, 2024
Verano Learning Partners has a significant impact on education by building and managing high-quality schools nationwide. Through rigorous education and a positive learning environment, they aim to create a sustainable and positive impact on students' lives. Their efforts in conducting studies and due diligence activities to establish innovative schools in various states are contributing to the improvement of education across the country.
This information is meant to be a general summary of Verano Learning Partners. 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 2024.
- Investment Income: $1,264,900
- Program Service Revenue: $283,503
- Gross Receipts: $33,338,137
Assets and Liabilities:
- Total Assets: $55,075,563
- Total Liabilities: $7,510,873
- Net Assets: $47,564,690
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$283,503
Organization Details
Founding Year
2001
Principal Officer
Damian Creamer
Website
www.verano.orgNTEE Category
Code: B29 - Education
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