Overview
What is Triangle Charter Education Association Inc?
Triangle Charter Education Association Inc is a North Carolina-based nonprofit organization dedicated to providing high-quality educational options for the state's citizens. Comprised of respected leaders, the association governs Cardinal Charter Academy, a tuition-free public charter school. This K-8 institution, located in Cary, NC (27513), offers a student-centered learning environment that utilizes project-based and technology-driven methodologies. The mission is to help students reach their academic potential and foster a culture of innovation and inquiry using technology as the medium. The association's mission aligns with its commitment to education and ensuring diverse student needs are met through data-driven approaches.
Official website here: www.trianglechartereducationassociation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Triangle Charter Education Association Inc has received a two-star rating from Charity Navigator, indicating the organization has room for significant growth and improvement. While it excels in accountability and finance, evidenced by a perfect score in several areas such as independent board members and audit oversight, it struggles with key operational policies. Notably, the absence of a whistleblower policy and document retention policies raises concerns about governance and transparency.
The organization does maintain a healthy program expense ratio at 65.76%, suggesting that a majority of its funds are directed toward its core educational mission. However, a concerning liabilities to assets ratio of 112.13% points to potential financial instability, which could impact its ability to sustain operations in the long term. This financial imbalance, alongside the missing policies, suggests the need for a comprehensive review of its internal practices.
On the positive side, the majority of the board members are independent, which is beneficial for unbiased oversight. However, the lack of publicly accessible financial documents on its website could hinder accountability and trust among stakeholders. Overall, while Triangle Charter Education Association Inc demonstrates strong governance in certain areas, it must address its missing policies and financial ratios to enhance its standing and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Triangle Charter Education Association Inc legitimate?
Triangle Charter Education Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triangle Charter Education Association 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: $6,319,792
For more financial information, click here
Official website here: www.trianglechartereducationassociation.org
What is the mission statement of Triangle Charter Education Association Inc?
The Triangle Charter Educational Association is a North Carolina-based not-for-profit organization dedicated solely to educational purposes. This esteemed group, comprised of influential leaders, is committed to offering high-quality educational options for the state's citizens. The Association oversees Cardinal Charter Academy, a tuition-free public charter school catering to students from kindergarten to eighth grade. Cardinal Charter Academy fosters a student-centered learning environment, using project-based and technology-driven methods to help students reach their academic potential. The school values academic success and individual student needs, employing data analysis to create customized learning plans. The Association's culture encourages innovation, inquiry, and the use of technology as a primary learning tool.
Official website here: www.trianglechartereducationassociation.org
Who is the CEO of Triangle Charter Education Association Inc?
E Allen Taylor Jr is the President of Triangle Charter Education Association Inc.
Official website here: www.trianglechartereducationassociation.org
What is the revenue of Triangle Charter Education Association Inc?
Triangle Charter Education Association Inc's revenue in 2022 was $17,804,747.
Official website here: www.trianglechartereducationassociation.org
Who are the executives of Triangle Charter Education Association Inc and what are their salaries?
Here are 5 key members and their salaries:
- 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.trianglechartereducationassociation.org
Where can I find the form 990 for Triangle Charter Education Association Inc?
Triangle Charter Education Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trianglechartereducationassociation.org
Learn more at the official website: www.trianglechartereducationassociation.org
Mission Statement of Triangle Charter Education Association Inc
The Triangle Charter Education Association, a distinguished North Carolina not-for-profit organization, is exclusively dedicated to educational purposes. Comprised of esteemed leaders in the state, this association is committed to providing superior educational options for North Carolina citizens. Among their endeavors, they oversee the governance of Cardinal Charter Academy.
Cardinal Charter Academy, a tuition-free public charter school, educates students from grades K-8 in North Carolina. This academy currently caters to students from kindergarten through eighth grade with a mission to create a student-centered learning environment. This environment is project-based and technology-driven, enabling students to reach their academic potential. The academy places great importance on academic success by utilizing data to address the diverse needs of individual students. Cardinal Charter Academy fosters a culture of innovation and inquiry, utilizing technology as the primary tool.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Triangle Charter Education Association Inc significantly enhances educational opportunities in North Carolina by governing Cardinal Charter Academy, a tuition-free public charter school for students in grades K-8. The academy is dedicated to fostering a student-centered learning environment that emphasizes project-based and technology-driven education. By utilizing data-driven methodologies, the school tailors its curriculum to meet the diverse needs of its students, ensuring that each child can reach their academic potential.
The association consists of respected leaders committed to providing high-quality educational alternatives, contributing to a culture of innovation and inquiry. This approach not only equips students with essential skills but also prepares them for successful futures. By prioritizing both academic success and technological integration, Triangle Charter Education Association Inc plays a crucial role in shaping the educational landscape in Cary, North Carolina, and beyond.
This information is meant to be a general summary of Triangle Charter Education Association 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.
- Program Service Revenue: $914,214
- Gross Receipts: $17,804,747
Assets and Liabilities:
- Total Assets: $23,342,230
- Total Liabilities: $27,011,173
- Net Assets: -$3,668,943
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD SERVICES
Revenue
$914,214
Organization Details
Founding Year
2013
Phone
(919) 870-8763Principal Officer
E Allen Taylor Jr
Main Address
1020 ST CHARLES PLACE, CARY, NC, 27513
NTEE Category
Code: B29 - Education
If you are a representative of Triangle Charter Education Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.