Salvadori Center Ltd

What it reported doing in 2024

Salvadori has a wide variety of multi-day in-school, after-school, and summer programs that enhance social-emotional learning through a collaborative and project-based approach to helping students see how science, technology, engineering, architecture/arts, and math (steam) are relevant in their daily lives through the built enviornment. Salvadori works in public schools and public housing to bring steam education to young people across New York city and northeast Pennsylvania. (continued on schedule o) salvadori programs help students understand the relevance of what they are learning by connecting grade-specific math, science, and arts concepts to their cultures, communities, and their immediate built environment - buildings, bridges, parks, and communities - so they can see themselves as successful in steam degrees and careers. Students learn new things about the city they live in. They see the math and science in the buildings they enter, the bridges they cross, and the parks they play in. They quickly understand why math and science are relevant to their lives. The teachers we coach become our strongest advocates and schools return to work with us year after year. In fact, over 70% of schools returned each year. Salvadori educators work with schools to build durable skills, engage all students, provide results that reflect high levels of ownership, and directly support educational standards through the (4) pillars with an emphasis on: - collaboration - working together to hypothesize, build, test, and solve problems- critical thinking - analyzing how and why things work- creativity - posing creative solutions to real-world challenges- communication - listening, learning, and articulating complex ideas and concepts. Our programs help schools:- make math, science, and the arts intellectually accessible for all learners- increase student comprehension and success at grade-level math and science- lay the foundation for future steam degrees and/or careers last year, we provided programs to 12,101 students in 178 sites, for 123,329 student impact hours across all 5 boroughs of New York city and northeast Pennsylvania. And this year, we are on track to serve even more students! We are very proud to have a culture of service and to be able to respond and help students in need! Assessing what we value: for eight years our independent assessments show salvadori programs yield statistically significant positive change in student comprehension around grade-specific math and science concepts. And in 2019/2020, a new assessment showed that salvadori students performed significantly better on standardized tests! Perhaps even more impressive, a New York university study compared salvadori students with non-salvadori students and found that students who didn't receive salvadori programs showed a steady decrease in their perception that math and science are relevant. Students who received salvadori increased their perception that math and science are relevant and maintained a sense that math and science are relevant even months after the program ended. Qualitative and anecdotal data collected from classroom teachers, salvadori educators, and students complement and reinforce independent assessment findings are available on our website). In summary, salvadori programs: - promote college and career readiness.- engage students through project-based exercises.- use the built environment as a vehicle for learning.- employ collaborative problem solving that involves all participants.- produce results that reflect high levels of creativity and ownership.

Financial Efficiency

• Mission deployment rate: 77.9%; rating input score 78
• Program expense ratio: 80.7%; rating input score 81
• Fundraising efficiency: $9.64 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 5.3%; rating input score 51; 51st percentile among comparable filings
• Total-asset coverage ratio: 1; rating input score 37; 37th percentile among comparable filings
• Liabilities to assets ratio: 0.13; rating input score 54; 54th percentile among comparable filings
• Officer compensation ratio: 13.4%; rating input score 22; 22nd percentile among comparable filings

Growth

• Program expense growth: 6.9% per year; rating input score 100; 50th percentile among comparable filings
• Revenue growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
• Asset growth: 3.3% per year; rating input score 100; 26th percentile among comparable filings