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Folk Arts Cultural Treasures Charter School

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

EIN: 522457806 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Folk Arts Cultural Treasures Charter School?

Folk Arts Cultural Treasures Charter School is a K-8 public educational institution located in Philadelphia, Pennsylvania. With approximately 450 students, the school provides a high-quality education that is deeply rooted in the community, respecting the lives of its students and their families. The school's unique approach to education incorporates traditional arts and cultures from the students' own and neighboring communities, serving as a catalyst for critical inquiry and community engagement. By doing so, the school aims to not only educate its students academically but also empower them to become active participants in working towards a just society. The school employs a dedicated team of 78 individuals to achieve its mission.


Official website here: www.factschool.org

Is Folk Arts Cultural Treasures Charter School legitimate?

Folk Arts Cultural Treasures Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Folk Arts Cultural Treasures Charter School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,909,866

For more financial information, click here


Official website here: www.factschool.org

What is the mission statement of Folk Arts Cultural Treasures Charter School?

The Folk Arts Cultural Treasures Charter School provides an exceptional education that leverages traditional arts and cultures from the students' own and surrounding communities. This educational approach stimulates critical inquiry and fosters community engagement. The school's mission is to offer a curriculum with high academic standards, one that is deeply rooted in the community, respects the lives of students and their families, encourages students to explore their own cultures, and empowers them to participate actively in working towards a just society. The school serves approximately 450 Philadelphia children, encouraging them to engage with their local communities and cultural heritage.


Official website here: www.factschool.org

Who is the CEO of Folk Arts Cultural Treasures Charter School?

Ellen Somekawa is the Executive Di of Folk Arts Cultural Treasures Charter School.


Official website here: www.factschool.org

What is the revenue of Folk Arts Cultural Treasures Charter School?

Folk Arts Cultural Treasures Charter School's revenue in 2022 was $9,661,746.


Official website here: www.factschool.org

Who are the executives of Folk Arts Cultural Treasures Charter School and what are their salaries?

The average compensation at Folk Arts Cultural Treasures Charter School during 2022 was $50,126. There are 78 employees and 50 volunteers at Folk Arts Cultural Treasures Charter School.

Here are 14 key members and their salaries:

    Ellen Somekawa (Executive Di)
  • Compensation: $103,865
  • Related: $0
  • Other: $0

    • Lim Pheng (Principal)
  • Compensation: $97,638
  • Related: $0
  • Other: $0

    • David Brown (Director Of)
  • Compensation: $83,845
  • Related: $0
  • Other: $0

    • Pooja Agrawal (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leana Cabral (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather M Davis-Jones (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thierry Elin-Saintine (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Xu Lin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Selina Morales (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Nguyen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neeta Patel (Treasurer,Vi) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Phan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenzo Sung (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allaire Wohlegmuth (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.factschool.org

    Where can I find the form 990 for Folk Arts Cultural Treasures Charter School?

    The Folk Arts Cultural Treasures Charter School’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.factschool.org

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

    Mission Statement of Folk Arts Cultural Treasures Charter School

    Folk Arts Cultural Treasures Charter School, or FACTS, is committed to providing an exceptional education to its students by leveraging the traditional arts and cultures present within their own and surrounding communities. This unique approach serves as a catalyst for critical inquiry and community engagement. By doing so, FACTS aims to provide an education that is not only academically rigorous but also deeply rooted in the community, respecting the lives of students and their families. The school's mission is to engage students in understanding their own cultures and communities, fostering a sense of pride and identity. Additionally, FACTS encourages its students to see themselves as active participants in working towards a just society.

    Impact

    This information is meant to be a general summary of Folk Arts Cultural Treasures Charter School. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Folk Arts Cultural Treasures Charter School has a significant impact on the children of Philadelphia by providing an exemplary education that integrates traditional arts and cultures from their own and neighboring communities. With a focus on high academic standards, community-based learning, and respect for students and families, FACTS engages students in understanding their own cultures and communities. This approach fosters students' active participation in working towards a more just society. Through this unique educational model, FACTS has positively influenced approximately 450 Philadelphia children, equipping them with valuable skills and perspectives for their future endeavors.





    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: $31,458
  • Program Service Revenue: $6,661,146
  • Gross Receipts: $9,661,746

    • Assets and Liabilities:
  • Total Assets: $7,754,091
  • Total Liabilities: $11,593,457
  • Net Assets: -$3,839,366
  • Programs

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

    SCHOOL DISTRICT SUBSIDIES

    Revenue

    $6,518,068

    STATE REIMBURSEMENT PROGRAMS

    Revenue

    $136,428

    OTHER PROGRAM SERVICE REVENUE

    Revenue

    $6,650

    Organization Details

    Founding Year

    2004

    Principal Officer

    Ellen Somekawa

    Main Address

    1023 CALLOWHILL STREET, PHILADELPHIA, PA, 19123

    NTEE Category

    Code: B29 - Education

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