Overview

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Est.

2002

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Racine Charter One Inc is a nonprofit chartered public school located in Racine, Wisconsin, dedicated to providing education services to inner-city children. With an operating budget of $7.6 million and total revenue of $7.7 million for the 2024 filing year, the organization focuses on preparing diverse children for a range of life choices, including college and careers, while emphasizing individual differences to support each child's success. The organization relies heavily on a few funders, with one source contributing approximately 86% of its revenue.

Mission Statement

RACINE CHARTER ONE, INC. IS A NON-PROFIT CHARTERED PUBLIC SCHOOL FOR INNER CITY CHILDREN IN THE CITY OF RACINE. THE MISSION IS 21ST CENTURY PREPARES DIVERSE CHILDREN FOR ACCESS TO FULL ARRAY OF LIFE CHOICES, INCLUDING COLLEGE AND CAREERS THAT DEVELOP THEIR LEADERSHIP COMPETENCY. WE TAKE INDIVIDUAL DIFFERENCES SERIOUSLY, AND CRAFT PRACTICES THAT SERVE EACH CHILD EQUALLY WELL. WE MOLD OUR FUTURE LEADERS THROUGH SELFLESS CARING FOR THEIR SUCCESS.
Revenues
$7.7M
Expenses
$7.6M
Net Income:
+$110.6K
Assets
$6.3M
Liabilities
$1.5M
Net Assets:
+$4.7M
Operating Budget
$7.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$451K
Largest grant received
$451K
S
Shebaniah Muhammad
Board Member
L
Larissa High
Board Member
E
Everett McKinney
Board Member

Frequently Asked Questions

What is RACINE CHARTER ONE INC’s budget?
In 2024, RACINE CHARTER ONE INC reported an annual operating budget of around $7.6 million. More detailed financial information is available to registered users.
What causes does RACINE CHARTER ONE INC support?
RACINE CHARTER ONE INC supports work in Charter school education and Education services.
Where does RACINE CHARTER ONE INC operate?
RACINE CHARTER ONE INC is headquartered in Racine, WI.
Who funded RACINE CHARTER ONE INC recently?
In 2018, RACINE CHARTER ONE INC received grants from RACINE COMMUNITY FOUNDATION INC, RACINE COMMUNITY FOUNDATION INC, and MOUND PROPERTIES INC. More information on this organization’s funders is available to registered users.
What is the largest grant RACINE CHARTER ONE INC received in 2018?
The largest grant to RACINE CHARTER ONE INC in 2018 exceeds $451 thousand.