Overview
What is Rochester Math & Science Academy?
Rochester Math & Science Academy is a dedicated charter school located at 415 16th Street SW, Rochester, MN 55902. This results-oriented institution has a vision to cater to the unique needs of its diverse student population, particularly those who are newly arrived. To achieve this, they foster a nurturing family teaching community, leveraging shared values, objectives, and experiences as a primary tool for delivering a comprehensive and challenging education. The mission of the school is to optimize learning opportunities for children, utilizing innovative educational approaches, thereby ensuring their holistic growth as responsible and productive members of society. With a workforce of 110 employees, the academy is committed to maximizing each child's potential to become a positive contributor to their community.
Official website here: www.rmsacademy.org
What are the reviews and ratings of this charity?
**Rating: Needs Improvement - 66% (Two-Star out of Four Star Rating)**
Rochester Math & Science Academy has received a two-star rating from Charity Navigator, indicating that while the organization exhibits some accountability, there are significant areas requiring improvement. The overall score is derived solely from the Accountability & Finance category, where the organization scored 66%. Critical issues include a lack of independent board members and a concerning liabilities to assets ratio, which may impact financial stability.
Strengths highlighted in the evaluation include strong program expense management and a complete listing of financial statements, ensuring transparency in operations. While policies such as conflict of interest, whistleblower, and document retention are well-established, the absence of independent board members indicates potential governance challenges that may affect decision-making and organizational integrity.
Feedback from GreatNonprofits is currently unavailable, limiting insight into user experiences or communal impact. However, the current rating and accountability issues suggest the need for potential donors and supporters to consider these factors when evaluating their engagement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Rochester Math & Science Academy legitimate?
Rochester Math & Science Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Math & Science Academy 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: $357,137
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,097,911
For more financial information, click here
Official website here: www.rmsacademy.org
What is the mission statement of Rochester Math & Science Academy?
The mission of Rochester Math & Science Academy, as stated, is focused on maximizing opportunities for children through educational innovation. This is done to ensure their full development as responsible and positive contributors to their community. The school aims to achieve this by fostering a supportive learning environment using shared ideals, goals, and experiences, creating a comprehensive and challenging education. The vision of the academy is to cater specifically to the distinctive needs of its student population, primarily new arrivals, in Rochester.
Official website here: www.rmsacademy.org
What is the revenue of Rochester Math & Science Academy?
Rochester Math & Science Academy's revenue in 2024 was $9,546,058.
Official website here: www.rmsacademy.org
Who are the executives of Rochester Math & Science Academy and what are their salaries?
The average compensation at Rochester Math & Science Academy during 2024 was $39,079. There are 114 employees and 35 volunteers at Rochester Math & Science Academy.
Here are 6 key members and their salaries:
- Compensation: $46,364
- Related: $0
- Other: $4,032
- Compensation: $60,887
- Related: $0
- Other: $5,264
- Compensation: $46,381
- Related: $0
- Other: $4,011
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $94,400
- Related: $0
- Other: $39,580
Official website here: www.rmsacademy.org
Where can I find the form 990 for Rochester Math & Science Academy?
Rochester Math & Science Academy's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rmsacademy.org
Learn more at the official website: www.rmsacademy.org
Mission Statement of Rochester Math & Science Academy
Rochester Math & Science Academy, a results-driven charter school, is committed to maximizing opportunities for its students through educational innovation. This mission is designed to ensure the full development of each child, transforming them into healthy and positive contributors to their wider community. The school achieves this goal by creating a supportive family teaching environment. This community is built upon shared ideals, goals, and experiences, which serve as powerful tools for delivering a comprehensive and challenging education. The school's vision is to cater specifically to the distinct needs of its diverse student population in Rochester.
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Impact
July, 2024
Rochester Math & Science Academy's impact is evident in its mission to maximize opportunities for children through educational innovation. By creating a supportive family teaching community and fostering a comprehensive and challenging education, the academy aims to ensure the full development of its diverse student population. Through this approach, the academy is not only shaping the future of its students but also nurturing healthy and positive contributors to the greater community.
This information is meant to be a general summary of Rochester Math & Science Academy. 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: $73,281
- Program Service Revenue: $51,081
- Gross Receipts: $9,546,058
Assets and Liabilities:
- Total Assets: $6,494,562
- Total Liabilities: $6,064,818
- Net Assets: $429,744
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Misc from local source
Revenue
$49,850
Medical assistance
Revenue
$1,231
Organization Details
Founding Year
2004
Principal Officer
Abdifitah Shekh
Website
www.rmsacademy.orgNTEE Category
Code: B240 - Education
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