A private school is any organization that is funded and run by a non-governmental entity or entities. (This includes independent schools — more on that in a minute.) A private school can be run by a for-profit company, a non-profit company, or a church or diocese or some other non-governmental organization.
For-Profit vs. Nonprofit, Private vs. Public: What’s the Difference?
Non-profits offer a learning environment designed with the student in mind. Nobody owns a non-profit; they are operated by a board of directors who do not get paid, and there are no stocks and shareholders to create income for. So, they are free to keep the focus and motivation on providing quality education to their students.
For-profits are solely there as a business to make money for owners and shareholders by offering their product: education. They must provide financial returns (profit) to their investors. Supporters claim that for-profit schools operate more efficiently since they can cut costs more easily in the name of creating returns. Plus, they usually don’t have the recreation facilities or extra-curricular expenses that traditional colleges have, they can spend more of the tuition on students’ learning.
There are two types of for-profit schools. The first major category of for-profit schools is post-secondary institutions which operate as businesses, receiving fees from each student they enroll. The second type of for-profit schools, which is less prevalent in the United States, are K–12 private schools which often operate as businesses.
However, in many public schools, private and for-profit forces still exist. One such force is known as an education management organization (EMO); these are Management Organizations for primary and secondary educational institutions. EMOs work with school districts or charter schools, using public funds to finance their operations. They typically offer schools back-office services, but may also provide teacher training, facility support, and other management related services. In the 2018-19 school year, roughly 10% of charter schools contracted with a for-profit EMO, while about 30% contracted with a non-profit charter management organization (CMO).
Makana is a non-profit organization, therefore, we don't answer to shareholders or investors, who seek increased profitability. We measure success instead, by the positive "outcomes" of our students and families that we help. Our financial proceeds are being put to work for the sole benefit of the students and families who take part in our program. We do this through upgrades to our facility, advancing our school supplies, increased technological advancements, and attracting the best staff.
Our goal here at Makana Leadership Academy, is positive "outcomes" that are continual. We answer to no investor or bottom-line profit. We are driven instead, by our triple-bottom-line objective. Our mission, which is to provide "better care" for our youth, is the personal commitment of each individual on our team of staff. Our promise and our gift to our wayward teenagers and their families is lasting change and a hopeful future.
As a nonprofit organization, we answer to one boss: the outcome of each student and family after they leave our program. As our students become increasingly more connected with family, friends, life-long comrades, & professional mentors, countless opportunities to lead and be led become available throughout this rich network effect. This is how we aim to change the world.