SALEM, Mass., Aug. 31 /PRNewswire/ -- NonPublic Educational Services Inc. (NESI) has been selected by the editors of Inc. magazine as one of America's fastest growing private companies for this year's Inc. 5000. NESI, a company that delivers educational services through a variety of channels—notably compensatory educational services (NCLB Title I and SES programs), Milburn Schools (alternative high schools) and military education and training programs to U.S. armed forces—has been selected to the blue ribbon list for the third time in the last three decades.
The Inc. magazine list is an annual ranking of the country's top 5000 fastest-growing, private companies. NESI has been included on the Inc. 500 list for 1985 (#478), the Inc. 5000 for 2009 (#4595) and again in 2010 (#3253). Robert H. Crosby, President and CEO, commented on the special honor, "We have been in business for thirty two years in the education marketplace. Our primary clients are federal and state education agencies, and local school districts. There is a definite trend towards outsourcing various education-related projects, so I am hopeful that our growth will continue."
To qualify, companies must be U.S.-based, privately held and independent. Rankings on the prestigious list are determined according to percentage revenue growth when comparing 2006 to 2009. Revenue in the first year must be at least $200,000 and at least $2 million in the fourth. Despite the latest recession, aggregate revenue among the listed companies reached $321.6 billion, up more than 50 percent from last year. This year's winners employ 1.4 million people, a high water mark for the Inc. 5000. Rankings on the prestigious list are determined according to percentage revenue growth over a three-year period, three full calendar years of sales. View NESI's profile at: http://www.inc.com/inc5000/profile/non-public-educational-services
NESI, founded in 1978, provides educational services in three main areas: compensatory educational services (NCLB Title I and SES programs); Milburn Schools (alternative public charter schools, contract high schools, and Milburn High School Online) and military education and training programs to U.S. armed forces (in the U.S. and abroad). NESI's online programs are accredited by AdvancEd-SACS, and DETC. In addition, NESI is AdvancED certified as an education company, one of only 10 Education Industry Association (EIA) members to have this designation. In 2006, NESI's founder and CEO, Robert H. Crosby, was awarded the James P Boyle Award for "Entrepreneurial Leadership" by the EIA. NESI is based in Salem, Massachusetts, employs 1,000 people, and operates in 18 states. This year, over 20,000 students will be taught by NESI. For more information, visit nesieducation.org.
SOURCE NonPublic Educational Services Inc.