Overview
What is The Equity Project Charter School?
The Equity Project Charter School is a New York City-based educational institution dedicated to providing high-quality education to low-income students. Established in the Washington Heights neighborhood in 2009, this school has an unwavering belief that exceptional teachers are the key to achieving educational equality for underprivileged students. Consequently, The Equity Project Charter School invests significantly in its faculty by employing rigorous qualifications, redefining expectations, and offering revolutionary compensation packages. With a team of 205 employees, the school educates approximately 1,057 students in grades kindergarten through eighth during the 2021-2022 academic year.
Official website here: www.tepcharter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating from Charity Navigator)
The Equity Project Charter School has received a Three-Star rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. The organization excels particularly in areas such as having a fully independent board, effective audit and oversight mechanisms, and a comprehensive conflict of interest policy. The high program expense ratio suggests that a significant portion of its funds are directed towards its educational mission.
However, the organization has been marked down due to the missing tax form on its website, which impacts its overall score. Additionally, the liabilities to assets ratio is considered less favorable, indicating potential financial challenges that could affect sustainability. While its governance structure demonstrates accountability, these financial indicators suggest areas where improvement is necessary.
Overall, The Equity Project Charter School showcases a commitment to transparency and effective management, but it faces challenges that need to be addressed to enhance its financial health and public trust. The strengths in governance are a positive sign for stakeholders, yet the noted limitations warrant attention for future growth and stability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Equity Project Charter School?
94% of 62 reviewers on Facebook recommend The Equity Project Charter School. Here’s an overview of their sentiments:
Many parents express satisfaction with the dedication and support from the teachers, emphasizing their positive impact on students’ academic performance. Enthusiastic remarks highlight the engaging environment and the level of involvement the staff has with the students, contributing to a sense of community within the school.
Overall, it seems that families feel confident in the educational experience provided, and they appreciate the commitment of the teaching staff towards facilitating students' growth and success.
This AI summary has been generated from reviews found on Facebook.
Is The Equity Project Charter School legitimate?
The Equity Project Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Equity Project Charter School 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: $534,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,336,752
For more financial information, click here
Official website here: www.tepcharter.org
What is the mission statement of The Equity Project Charter School?
The Equity Project Charter School is dedicated to delivering a top-notch education to students from low-income backgrounds. Firmly believing that exceptional teachers hold the key to educational equity, the school goes against the norm by reallocating its public funds towards attracting and retaining talented educators. This commitment to teacher quality sets The Equity Project Charter School apart in its mission to provide an excellent education to students who might otherwise face educational disparities.
Official website here: www.tepcharter.org
Who is the CEO of The Equity Project Charter School?
Casey Ash is the Principal of The Equity Project Charter School. The CEO's salary of The Equity Project Charter School is $149,368 and their total compensation is $178,049.
Official website here: www.tepcharter.org
What is the revenue of The Equity Project Charter School?
The Equity Project Charter School's revenue in 2022 was $28,143,929.
Official website here: www.tepcharter.org
Who are the executives of The Equity Project Charter School and what are their salaries?
The average compensation at The Equity Project Charter School during 2022 was $72,543. There are 205 employees and 6 volunteers at The Equity Project Charter School.
Here are 14 key members and their salaries (The Equity Project Charter School's CEO's salary is $149,368 and their total compensation is $178,049):
- Compensation: $173,310
- Related: $0
- Other: $20,672
- Compensation: $155,577
- Related: $0
- Other: $29,656
- Compensation: $149,368
- Related: $0
- Other: $28,681
- Compensation: $146,578
- Related: $0
- Other: $30,653
- Compensation: $155,892
- Related: $0
- Other: $12,843
- Compensation: $148,608
- Related: $0
- Other: $12,561
- Compensation: $147,080
- Related: $0
- Other: $4,261
- Compensation: $63,294
- Related: $0
- Other: $5,484
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tepcharter.org
Where can I find the form 990 for The Equity Project Charter School?
The Equity Project Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tepcharter.org
Learn more at the official website: www.tepcharter.org
Mission Statement of The Equity Project Charter School
The Equity Project Charter School, also known as The School, is a unique educational institution based in New York City, dedicated to serving students in Kindergarten through 8th grade from low-income backgrounds. The School strongly believes that the quality of teachers plays a pivotal role in achieving educational equity for economically disadvantaged students. In line with this belief, The Equity Project Charter School makes an unprecedented investment to attract and retain exceptional teachers with public funds.
The School's mission is to deliver a top-notch education to students from underprivileged families. It goes beyond just offering shelter and essentials, aiming to provide an environment that fosters academic excellence. The institution's innovative approach to education stems from its conviction that excellent teachers are the cornerstone of a successful learning experience for low-income students.
By prioritizing teacher quality, The Equity Project Charter School sets itself apart from traditional educational institutions. It reallocates resources in a groundbreaking way, diverting funds to secure highly skilled educators. This investment in talent is expected to yield significant results in the form of improved educational outcomes for low-income students. The School's commitment to its mission is unwavering, and its dedication to fostering an environment conducive to learning and growth is evident in its every endeavor.
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Impact
October, 2024
The Equity Project Charter School significantly impacts educational opportunities for low-income students in New York City. By focusing on providing equal access to outstanding teachers, the school addresses educational inequality head-on. Its unique approach involves attracting and retaining master teachers through a robust strategy that includes rigorous qualifications, redefined expectations, and revolutionary compensation packages.
Since its inception in September 2009, the school has served approximately 1,057 students in grades Kindergarten through eighth grade, primarily in the Washington Heights neighborhood. The belief that teacher quality is the most crucial factor for achieving educational equity drives the school’s efforts and resource allocation. By prioritizing exceptional educators, The Equity Project Charter School aims to break the cycle of underperformance often faced by students from low-income families, fostering an environment where all students can thrive and succeed academically.
This information is meant to be a general summary of The Equity Project Charter School. 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: $149
- Program Service Revenue: $22,090,629
- Gross Receipts: $28,143,929
Assets and Liabilities:
- Total Assets: $16,781,365
- Total Liabilities: $2,516,124
- Net Assets: $14,265,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOV'T PER-PUPIL REV.
Revenue
$21,095,486
GOV'T PER-PUPIL REV.-FACILITIES
Revenue
$871,629
PRI-INTEREST
Revenue
$123,514
Organization Details
Founding Year
2008
Phone
(646) 254-6451Principal Officer
Casey Ash
Main Address
549 AUDUBON AVENUE TRAILER 30, NEW YORK, NY, 10040
Website
www.tepcharter.orgNTEE Category
Code: B29 - Education
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