Overview
What is Value Schools?
Value Schools is a nonprofit organization based in Los Angeles, California, specifically in the Koreatown and Pico-Union neighborhoods. They operate a total of six public charter schools, catering to both K-8 and high school students. The schools aim to prepare students for higher education and foster well-rounded citizens by offering academic programs and various extracurricular activities. Value Schools was established to provide superior educational choices for families residing in low-income areas of Los Angeles, which have historically been underserved by the public school system. With a workforce of 267 employees, the organization maintains a strong academic program within a values-based learning community.
Official website here: www.valueschools.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85%, Three-Star out of Four Star rating.
Value Schools has achieved a respectable 85% rating, indicating a solid performance in terms of accountability and finance. The score reflects a strong commitment to transparency, with an independent board and comprehensive financial oversight measures in place. The organization excels in various areas, including having a fully independent board and maintaining a high program expense ratio of 88.80%, which suggests that a significant portion of its funding is directed towards its core mission.
The organization demonstrates robust governance practices, as evidenced by its adherence to policies regarding conflict of interest, whistleblower protections, and documentation of board meeting minutes. These strengths contribute to its overall accountability and help build trust with donors and stakeholders.
However, while the rating is positive, it is based solely on financial accountability metrics. There is no additional information provided on program effectiveness or impact, which could offer a more comprehensive view of the organization's overall performance and contributions to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Value Schools legitimate?
Value Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Value Schools 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: $415,693
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,732,582
For more financial information, click here
Official website here: www.valueschools.com
What is the mission statement of Value Schools?
Value Schools sets up and manages public charter schools in underserved communities within the public education system. The organization provides superior educational opportunities for families residing in low-income areas, delivering an academically strong program in a values-driven learning environment. Value Schools operates two public charter elementary and middle schools and two public charter high schools, offering academic programs tailored for students to excel in higher education. Extracurricular activities, including athletics, are provided to foster the development of well-rounded citizens.
Official website here: www.valueschools.com
Who is the CEO of Value Schools?
Loreen Riley is the President/Ceo of Value Schools. The CEO's salary of Value Schools is $160,870 and their total compensation is $206,889.
Official website here: www.valueschools.com
What is the revenue of Value Schools?
Value Schools's revenue in 2022 was $32,520,669.
Official website here: www.valueschools.com
Who are the executives of Value Schools and what are their salaries?
The average compensation at Value Schools during 2022 was $49,244. There are 267 employees and 20 volunteers at Value Schools.
Here are 14 key members and their salaries (Value Schools's CEO's salary is $160,870 and their total compensation is $206,889):
- Compensation: $160,870
- Related: $0
- Other: $46,019
- Compensation: $137,813
- Related: $0
- Other: $45,931
- Compensation: $142,947
- Related: $0
- Other: $32,608
- Compensation: $139,323
- Related: $0
- Other: $35,700
- Compensation: $134,368
- Related: $0
- Other: $28,765
- Compensation: $125,387
- Related: $0
- Other: $33,508
- Compensation: $130,443
- Related: $0
- Other: $26,360
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.valueschools.com
Where can I find the form 990 for Value Schools?
Value Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valueschools.com
Learn more at the official website: www.valueschools.com
Mission Statement of Value Schools
Value Schools, a nonprofit organization, is dedicated to establishing and maintaining public charter schools in underprivileged neighborhoods of Los Angeles. By offering a superior educational choice, this institution provides families living in high poverty areas with an academic program that emphasizes values and prepares students for success in higher education.
Value Schools operates two public charter K-8 schools and two public charter high schools in the Koreatown and Pico-Union neighborhoods of Los Angeles. Academic programs at these institutions are geared towards preparing students for future academic achievements, while also providing opportunities for extracurricular activities. These offerings help develop well-rounded citizens.
Value Schools is committed to empowering students from low-income neighborhoods with a strong educational foundation. In a supportive learning community, students are encouraged to grow both academically and personally. The organization's mission transcends the classroom, as it aims to provide opportunities that extend beyond the realm of academia and contribute to the overall development of each student.
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Impact
October, 2024
Value Schools significantly impacts the educational landscape in low-income neighborhoods of Los Angeles by operating four charter schools aimed at providing quality education to underserved communities. These institutions—two K-8 schools and two high schools—focus on preparing students for success in higher education through rigorous academic programs.
Beyond academics, Value Schools fosters well-rounded citizens by offering a range of extracurricular activities, including athletics, which contribute to students' social, emotional, and physical development. The mission centers on creating a strong values-based learning environment that prioritizes academic excellence and integrity.
By establishing a superior educational choice in areas marked by high poverty, Value Schools not only enhances the immediate prospects for students and families but also works towards breaking the cycle of educational inequity, fostering a generation of learners equipped to thrive in a competitive world. This holistic approach creates a positive ripple effect throughout the community, as empowered students are more likely to contribute positively to society in the future.
This information is meant to be a general summary of Value Schools. 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.
- Gross Receipts: $32,520,669
Assets and Liabilities:
- Total Assets: $22,385,869
- Total Liabilities: $6,540,226
- Net Assets: $15,845,643
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Organization Details
Founding Year
2000
Phone
(213) 388-8695Principal Officer
Loreen Riley
Main Address
680 WILSHIRE PLACE 308, LOS ANGLES, CA, 90005
Website
www.valueschools.comNTEE Category
Code: B29 - Education
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