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The National Association of Independent Schools (NAIS) is a U.S.-based membership organization for private, nonprofit, K-12 schools.Founded in 1962, NAIS represents independent schools and associations in the United States, including day, boarding, and day/boarding schools; elementary and secondary schools; boys', girls', and coeducational schools.
An education management organization (EMO) is a term of art describing a for-profit entity that manages schools. It provides a distinction from charter management organization which is a non-profit manager of charter schools. The terms are often used interchangeably, with resulting confusion.
A nonprofit organization (NPO), also known as a nonbusiness entity, [1] nonprofit institution, [2] or simply a nonprofit, [a] is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners. A nonprofit organization is subject to ...
Ashford University became non-profit in 2018 and was subsequently acquired by the University of Arizona in 2020. Baker College in Michigan became nonprofit in 1977. Bryant & Stratton College – multiple locations. The school has converted to nonprofit. [15]
The National Association of Independent Schools (NAIS) is a membership organization of American pre-college independent schools. [78] The NAIS provides this definition of an independent school: [79] Independent schools are 501(c)(3) nonprofit corporate entities, independent in governance and finance, meaning:
Such entries, which manage one or more charter schools, can be either for-profit or non-profit. [7] The first state law in the United States authorizing charter schools was enacted in Minnesota in 1991, and the first charter school that opened as a result of this new law was the City Academy High School in St. Paul. [8]
Movement Schools plans a network of charter schools in North Carolina. But could it be expanding too fast? Local non-profit wants to run charter schools in Charlotte and Raleigh.
Charter schools are often operated and maintained by a charter management organization (CMO). CMOs are typically non-profit organizations and provide centralized services for a group of charter schools. [6] There are some for-profit education management organizations. Charter schools are held accountable by their authorizer.