Overview
What is Charter School Incubator Initiative?
Charter School Incubator Initiative (CSII) is a nonprofit organization situated in Washington D.C., specifically at 1776 I Street NW. Its primary mission is to support the establishment of new public charter schools in the District of Columbia by offering them temporary, or "incubator," facilities. CSII achieves this by leasing underutilized school buildings from the District of Columbia government at reduced rates, providing property management services, and renovating and modernizing the facilities with short-term debt financing. The initiative aims to assist start-up charter schools during their initial phase, thereby contributing to the growth of educational opportunities in the district.
Official website here: www.bpathways.org
Is Charter School Incubator Initiative legitimate?
Charter School Incubator Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charter School Incubator Initiative 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.
Here are some key statistics you may want to consider:
Executive Compensation: $409,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bpathways.org
What is the mission statement of Charter School Incubator Initiative?
The Charter School Incubator Initiative's mission is to support the establishment of new charter schools by providing them with temporary, "incubator" facilities. To achieve this, the initiative leases unused school facilities, primarily from local government entities, at below-market rental rates. It also offers property management services, including maintenance, cleaning, and repairs, and funds renovations and modernizations through short-term debt. The primary objective is to help start-up public charter schools get off the ground and provide quality education to students.
Official website here: www.bpathways.org
Who is the CEO of Charter School Incubator Initiative?
Ornella Napolitano is the Secretary As Of 6/2023 of Charter School Incubator Initiative.
Official website here: www.bpathways.org
What is the revenue of Charter School Incubator Initiative?
Charter School Incubator Initiative's revenue in 2023 was $10,504,064.
Official website here: www.bpathways.org
Who are the executives of Charter School Incubator Initiative and what are their salaries?
The average compensation at Charter School Incubator Initiative during 2023 was $204,520. There are 2 employees and 3 volunteers at Charter School Incubator Initiative.
Here are 5 key members and their salaries:
- Ornella Napolitano (Treasurer & Cfo)
- Anne Robinson Executive Dir (& Board Secretary Until 6/2023)
- Marianne Keler Chair And (Secretary As Of 6/2023) [Trustee/Director]
- Albert D'Alessandro (Board Member) [Trustee/Director]
- James Mcandrews (Board Member) [Trustee/Director]
Official website here: www.bpathways.org
Where can I find the form 990 for Charter School Incubator Initiative?
The Charter School Incubator Initiative’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.bpathways.org
Learn more at the official website: www.bpathways.org
Mission Statement of Charter School Incubator Initiative
The Charter School Incubator Initiative, or CSI, is dedicated to supporting the establishment of new charter schools in the District of Columbia. In pursuit of this mission, CSI provides these start-up institutions with temporary, or "incubator," facilities. This initiative achieves this objective by leasing underutilized school facilities, primarily from the District of Columbia government, and then subleasing these spaces to the new charter schools at reduced rental rates. In addition to facilitating the lease agreements, CSI offers property management services, including maintenance, cleaning, and repairs, to ensure the smooth running of the incubator facilities. Furthermore, CSI invests in renovating and modernizing these facilities, primarily through short-term debt financing, spanning a period of one to five years.
Impact
This information is meant to be a general summary of Charter School Incubator Initiative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Charter School Incubator Initiative has a significant impact on the education sector in Washington, DC by providing start-up charter schools with temporary "incubator" facilities. This initiative plays a crucial role in supporting the establishment and growth of new public charter schools in the district by leasing unused school facilities at below-market rent rates, providing property management services, and renovating and modernizing these spaces. Through these efforts, Charter School Incubator Initiative contributes to enhancing educational opportunities for students and strengthening the charter school system in the District of Columbia.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE REVENUE
Revenue
$5,178,684
MANAGEMENT FEES
Revenue
$27,600
Organization Details
Founding Year
2005
Phone
(202) 251-5210
Principal Officer
Ornella Napolitano
Main Address
1776 I STREET NW 200, WASHINGTON, DC, 20006
Website
www.bpathways.org
NTEE Category
Code: B19 - Education
If you are a representative of Charter School Incubator Initiative 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.