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Five Smooth Stones Foundation Inc

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

EIN: 274400615 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Five Smooth Stones Foundation Inc?

Five Smooth Stones Foundation Inc, located in Baltimore, Maryland, is a dedicated nonprofit organization with a mission to uplift the youth in the city. Established with the purpose of launching Baltimore Collegiate School for Boys, it operates the first all-boys public charter school in Baltimore City, providing an integrated curriculum and academic program from Grade 4 to Grade 8. The foundation is committed to offering the finest liberal arts education possible, equipping young men with the skills to become responsible citizens ready to lead and serve their community, nation, and world. The organization currently employs 35 individuals, striving to transform the lives of Baltimore's future generations.


Official website here: www.baltimorecollegiate.org

Is Five Smooth Stones Foundation Inc legitimate?

Five Smooth Stones Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Smooth Stones Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $123,961
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,262,292

For more financial information, click here


Official website here: www.baltimorecollegiate.org

What is the mission statement of Five Smooth Stones Foundation Inc?

The Five Smooth Stones Foundation Inc is dedicated to transforming a generation of young boys in Baltimore through exceptional educational opportunities. Their primary objective is to establish responsible citizens who are equipped to lead and serve their community, nation, and the world. This is achieved by operating Baltimore Collegiate School for Boys, the first all-boys public charter school in Baltimore City, which offers an integrated curriculum and academic program from Grade 4 to Grade 8. The foundation's mission prioritizes providing the finest liberal arts education possible, ensuring the growth of future leaders who will contribute positively to society.


Official website here: www.baltimorecollegiate.org

Who is the CEO of Five Smooth Stones Foundation Inc?

Edwin Avent is the Founder & President of Five Smooth Stones Foundation Inc.


Official website here: www.baltimorecollegiate.org

What is the revenue of Five Smooth Stones Foundation Inc?

Five Smooth Stones Foundation Inc's revenue in 2022 was $6,417,834.


Official website here: www.baltimorecollegiate.org

Who are the executives of Five Smooth Stones Foundation Inc and what are their salaries?

The average compensation at Five Smooth Stones Foundation Inc during 2022 was $96,750. There are 35 employees and 25 volunteers at Five Smooth Stones Foundation Inc.

Here are 6 key members and their salaries:

    Jack Pannell (Founder & President) [Trustee/Director]
  • Compensation: $123,961
  • Related: $0
  • Other: $0

    • Edwin Avent (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Burck Smith (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Sellers (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Green (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Smyth (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.baltimorecollegiate.org

    Where can I find the form 990 for Five Smooth Stones Foundation Inc?

    The Five Smooth Stones Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.baltimorecollegiate.org

    Learn more at the official website: www.baltimorecollegiate.org

    Mission Statement of Five Smooth Stones Foundation Inc

    Five Smooth Stones Foundation Inc is dedicated to transforming the lives of boys and young men in Baltimore City by providing them with the finest educational opportunities possible. Their mission, in essence, is to prepare this next generation of young men to become responsible citizens, equipped with the skills necessary to lead and serve their community, nation, and world. This is achieved through the Baltimore Collegiate School for Boys, an all-boys public charter school operated by the foundation, which offers an integrated curriculum and academic program from grade 4 through grade 8. The foundation's commitment to this mission ensures that these young men will receive a liberal arts education of the highest caliber, setting them on a path to make significant contributions to society.

    Impact

    This information is meant to be a general summary of Five Smooth Stones Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Five Smooth Stones Foundation Inc's impact is significant in Baltimore as it provides the finest liberal arts education to young men through the Baltimore Collegiate School for Boys. By focusing on academic excellence and character development, the foundation is shaping a generation of responsible citizens who are equipped to lead and serve their community, nation, and the world. This initiative is the first of its kind in Baltimore City, offering boys and young men integrated curriculum and educational opportunities from grade 4 through 8. By emphasizing education and character development, Five Smooth Stones Foundation is making a lasting impact on the lives of the young men in Baltimore City.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $17
  • Program Service Revenue: $5,291,750
  • Gross Receipts: $6,417,834

    • Assets and Liabilities:
  • Total Assets: $627,314
  • Total Liabilities: $486,508
  • Net Assets: $140,806
  • Programs

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

    PER PUPIL REVENUE

    Revenue

    $5,284,835

    STUDENT ACTIVITY FEES

    Revenue

    $6,915

    Organization Details

    Founding Year

    2010

    Principal Officer

    Edwin Avent

    Main Address

    2525 KIRK AVE, BALTIMORE, MD, 21218

    NTEE Category

    Code: B29 - Education

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