Great Hearts Properties Louisiana Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 872836576 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

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Overview

What is Great Hearts Properties Louisiana Inc?

Great Hearts Properties Louisiana Inc is a nonprofit organization based in Baton Rouge, Louisiana, with the mission to support and benefit the functions and purposes of its affiliated 501(c)(3) public charity, GreatHearts America. By operating exclusively for this entity, Great Hearts Properties Louisiana contributes to the overall mission of GreatHearts America.

What are the reviews and ratings of this charity?

Great Hearts Properties Louisiana Inc is currently not rated by Charity Navigator. The organization has yet to receive sufficient beacon scores, particularly in Accountability & Finance and Impact & Measurement, which are necessary for a full evaluation. The absence of a rating does not imply any judgment on their performance but highlights the need for more comprehensive data.

While some historical information is available, it primarily reflects aspects of financial accountability. The organization has only 2 years of electronically-filed IRS Form 990 data, which is insufficient for a thorough evaluation by Charity Navigator’s standards. Data such as total revenue, expenses, and key persons' salaries are accessible, indicating transparency in financial reporting.

Great Hearts Properties Louisiana Inc operates independently and is classified under foundation status 509(a)(3) Type I. However, evaluations in areas like Culture & Community and Leadership & Adaptability remain pending due to a lack of necessary data related to community feedback and strategic leadership planning. Without reviews on GreatNonprofits, there is limited public feedback on operational effectiveness or community impact.


Is Great Hearts Properties Louisiana Inc legitimate?

Great Hearts Properties Louisiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Hearts Properties Louisiana 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

What is the mission statement of Great Hearts Properties Louisiana Inc?

Great Hearts Properties Louisiana Inc is dedicated to supporting GreatHearts America, a 501(c)(3) public charity. The primary role of Great Hearts Properties Louisiana Inc is to carry out the purposes and perform the functions of its supported organization. By operating exclusively for the benefit of GreatHearts America, this entity contributes to its mission. GreatHearts America's mission, as a public charity, is not explicitly stated in the provided information. However, it can be inferred that the organization focuses on charitable causes.

Who is the CEO of Great Hearts Properties Louisiana Inc?

Ron Zoromski is the President of Great Hearts Properties Louisiana Inc.

What is the revenue of Great Hearts Properties Louisiana Inc?

Great Hearts Properties Louisiana Inc's revenue in 2022 was $12,750,000.

Who are the executives of Great Hearts Properties Louisiana Inc and what are their salaries?


Here are 3 key members and their salaries:


Jay Heiler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Scoggin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Zoromski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Great Hearts Properties Louisiana Inc?

Great Hearts Properties Louisiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Great Hearts Properties Louisiana Inc

Great Hearts Properties Louisiana Inc is a dedicated organization that exists solely to support and further the objectives of its affiliated charity, GreatHearts America. This non-profit entity functions as a crucial partner, performing various tasks and carrying out the purposes of its charitable counterpart.

Great Hearts Properties Louisiana Inc operates with the primary goal of benefitting GreatHearts America, a publicly recognized 501(c)(3) organization. The mission of this partnership is multifaceted, with the aim of contributing to the welfare and advancement of GreatHearts America in every possible way. By performing functions and carrying out the charitable purposes of its supported organization, this entity plays an essential role in driving progress and positive change through GreatHearts America.

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Impact




October, 2024

Great Hearts Properties Louisiana Inc significantly impacts the educational landscape in Baton Rouge and the surrounding areas by supporting its affiliated organization, Great Hearts America. By focusing on enhancing educational opportunities and resources, it plays a crucial role in fostering a high-quality learning environment.

The organization is dedicated to performing essential functions that contribute to the success of Great Hearts America, which is known for its commitment to classical education. This approach emphasizes the development of critical thinking, character formation, and a well-rounded education that prepares students for future challenges.

Through its efforts, Great Hearts Properties Louisiana Inc not only enhances educational infrastructure but also promotes access to a rigorous academic curriculum, ultimately benefiting students and the community at large. Its collaboration with Great Hearts America allows for a refined educational model that prioritizes excellence and holistic development, making a lasting positive impact on the lives of students and their families.




This information is meant to be a general summary of Great Hearts Properties Louisiana 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.

Revenue
$12,750,000 (2022)
Expenses
$962 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $12,750,000

Assets and Liabilities:

  • Total Assets: $13,962,581
  • Total Liabilities: $1,213,543
  • Net Assets: $12,749,038

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Organization Details

Founding Year

2021

Principal Officer

Ron Zoromski

Main Address

501 LOUISIANA AVENUE, BATON ROUGE, LA, 70802

NTEE Category

Code: B11 - Education

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