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Artesian Schools, Inc.

Artesian Schools, Inc.

Memphis, TN 38111
Tax ID46-1846698

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About this organization

Revenue

$1,463,952

Expenses

$1,554,124

Mission

Artesian Schools, Inc. fills unmet needs in K-12 education to ensure post-secondary readiness for students.

About

During the fiscal year ending June 30, 2018, Artesian Schools, Inc. opened its first public charter high school in Memphis, TN. The organization hired all key school staff, including teachers, a counselor, and full time tutors and mentors. Mentors salaries were subsidized by a grant from Deltacorps. Some staff traveled to visit model schools and/or attend conferences intended to professionally develop the staff and provide information for the school. Artesian purchased required insurance for the school, site, and board of directors. The organization purchased student and teacher laptops and educational software, including textbooks. As the school is an early college high school and students begin taking college courses as early as 9th grade, the organization also paid tuition for these courses to the college. Lastly, the organization purchased materials for, and engaged in, marketing and community outreach in order to recruit students and teachers to the school. These investments in the school's personnel and instructional resources allowed Artesian to end its fiscal year with a school that showed higher and faster student growth than the average across the state of Tennessee. Ninety students finished a year of high school with 2 college courses complete.

Interesting data from their 2019 990 filing

The non-profit's mission, as described in the filing, is “The mission of artesian schools, inc. is to fill unmet needs in k-12 education to ensure post-secondary readiness for memphis students.”.

When describing its duties, they were characterized as: “Artesian school's mission is to provide the educational foundation for students to earn college degrees or industry certifications in career fields of their choice.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as TN.
  • The filing shows that the non-profit's address as of 2019 is 737 UNION AVE BLDG E RM 107, MEMPHIS, TN, 38103.
  • As of 2019, the non-profit has reported a total of 28 employees on their form.
  • Does not operate a hospital.
  • Operates a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$90,172.
  • The compensation of the CEO of the organization is subject to review and approval by an independent body.
  • The organization has 10 independent voting members.
  • The organization was formed in 2012.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $997,378 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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