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Mastery Learning Institute

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

EIN: 931278639 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Mastery Learning Institute?

Mastery Learning Institute is a nonprofit organization located at 13717 SE Division St, Portland, OR 97236. Their primary mission is the operation of six public charter schools, catering to a student body of 980 individuals. The institute is dedicated to providing quality education, allocating and managing costs effectively for these schools. With a staff of 122 employees, they strive to ensure the smooth operation of their educational facilities.

What are the reviews and ratings of this charity?

**Rating: 60% (Two-Star out of Four Star Rating) - Charity Navigator**

Mastery Learning Institute has received a Two-Star rating from Charity Navigator, reflecting a score of 60% based entirely on its Accountability & Finance metrics. This score indicates areas of financial health and governance practices, with strengths noted in having a fully independent board and a strong financial structure regarding program expenses. However, the absence of financial statements online has negatively impacted their score, contributing to the overall assessment.

The organization's reported program expense ratio is commendable at 66.52%, indicating a good proportion of funds directed toward its mission. Despite this, the liabilities to assets ratio of 69.86% raises concerns about potential financial stability. The assessment does not consider significant elements such as leadership, impact, or community engagement, meaning that there could be unrecognized strengths or opportunities for improvement in these areas.

Unfortunately, user reviews from GreatNonprofits are not available, which limits the insights from the community regarding the Institute's overall effectiveness and perception. This absence highlights a potential gap in user feedback that could provide further understanding of the institution's impact and performance.


This AI summary has been generated from information found on Charity Navigator.

Is Mastery Learning Institute legitimate?

Mastery Learning Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mastery Learning Institute 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: $330,455
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,387,363

For more financial information, click here

What is the mission statement of Mastery Learning Institute?

The Mastery Learning Institute's primary mission is centered around the operation of a public charter school, serving approximately 980 students. In essence, its mission revolves around providing educational opportunities and facilitating their learning process within this school setting. The institute is responsible for directly managing and allocating costs associated with the operation of six charter schools.

Who is the CEO of Mastery Learning Institute?

Stephani Walker is the Executive Director of Mastery Learning Institute.

What is the revenue of Mastery Learning Institute?

Mastery Learning Institute's revenue in 2022 was $10,213,443.

Who are the executives of Mastery Learning Institute and what are their salaries?

The average compensation at Mastery Learning Institute during 2022 was $38,671. There are 122 employees and 6 volunteers at Mastery Learning Institute.


Here are 8 key members and their salaries:


Stephani Walker (Executive Director)
  • Compensation: $167,354
  • Related: $0
  • Other: $47,720
Jill Domine (Operations Director)
  • Compensation: $101,551
  • Related: $0
  • Other: $32,632
Teresa Schantin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Silbert (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Spreadborough (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Arthur (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Davis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Grossen (Chairpresident)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mastery Learning Institute?

Mastery Learning Institute's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mastery Learning Institute

Mastery Learning Institute, as per its mission, operates a public charter school serving approximately 980 students. This nonprofit organization is dedicated to managing the direct and allocation of costs for the operation of six charter schools. By doing so, Mastery Learning Institute contributes to the education sector, providing educational opportunities for a significant number of students. Although the information provided does not detail the specific goals or curriculum of these schools, it is evident that Mastery Learning Institute plays a vital role in the operation of these educational institutions.

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Impact




July, 2024

Mastery Learning Institute has had a significant impact on education in Portland, Oregon, by operating a public charter school serving 980 students. Through their dedicated efforts, they have provided a quality education to a large number of students, contributing to the academic growth and success of the community.




This information is meant to be a general summary of Mastery Learning Institute. 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
$10,213,443 (2022)
Expenses
$9,169,106 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $16,874
  • Gross Receipts: $10,221,129

Assets and Liabilities:

  • Total Assets: $16,483,865
  • Total Liabilities: $12,306,304
  • Net Assets: $4,177,561

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHARGES FOR SERVICES

Revenue

$16,874

Organization Details

Founding Year

1999

Principal Officer

Stephani Walker

Main Address

13717 SE DIVISION ST, PORTLAND, OR, 97236

NTEE Category

Code: B24 - Education

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