Overview
What is Bridgton Academy?
Bridgton Academy is a distinctive nonprofit organization situated in North Bridgton, Maine. It stands out by exclusively offering a postgraduate year for high school graduates. The student body comprises approximately 188 young men from over twenty states and several foreign countries. Most students engage in college-level courses, which are often transferable to universities. Bridgton Academy's athletic programs are highly competitive, and many graduates continue their athletic involvement at the collegiate level. The Academy designs an environment that offers a balance between freedom and structure, aiming to equip its graduates for success in higher education and their careers. The mission is to prepare young men in a unique, one-year postgraduate setting for the challenging academic rigors of college and beyond.
Official website here: www.bridgtonacademy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating).
Bridgton Academy has received a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. This score is based entirely on a single beacon metric, reflecting the organization’s commitment to transparency and responsible management of resources. The high rating is particularly notable given the charity's adherence to best practices in governance, with a board composed entirely of independent members.
The organization excels in various financial metrics, showcasing a low liabilities to assets ratio of 24.50% and a program expense ratio of 75.89%. This suggests that a significant portion of its resources is directed towards its programs rather than administrative costs. Furthermore, Bridgton Academy has established comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, which enhances its credibility and effectiveness.
While the data reflects a robust governance structure and sound financial management, the summary does not address any potential areas for improvement or challenges the organization may face. Overall, Bridgton Academy's performance metrics indicate a well-run nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Bridgton Academy legitimate?
Bridgton Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgton Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $471,387
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,399,180
For more financial information, click here
Official website here: www.bridgtonacademy.org
What is the mission statement of Bridgton Academy?
Bridgton Academy offers a unique, postgraduate program tailored for young men to prepare them for the challenges of college and beyond. With a student body consisting of over 180 young men from various states and countries, the academy provides an environment that fosters academic growth and athletic competition. The majority of students engage in college-level courses, which often grant transferable credits. Bridgton Academy's combination of freedom and structure aims to help its graduates excel in their future academic and professional pursuits. The rigorous academic curriculum and competitive athletic programs create a well-rounded experience designed for success.
Official website here: www.bridgtonacademy.org
Who is the CEO of Bridgton Academy?
Martin Mooney is the Head Of School of Bridgton Academy.
Official website here: www.bridgtonacademy.org
What is the revenue of Bridgton Academy?
Bridgton Academy's revenue in 2022 was $12,393,178.
Official website here: www.bridgtonacademy.org
Who are the executives of Bridgton Academy and what are their salaries?
The average compensation at Bridgton Academy during 2022 was $42,844. There are 67 employees and 20 volunteers at Bridgton Academy.
Here are 19 key members and their salaries:
- Compensation: $178,116
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- Other: $16,830
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Official website here: www.bridgtonacademy.org
Where can I find the form 990 for Bridgton Academy?
Bridgton Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bridgtonacademy.org
Learn more at the official website: www.bridgtonacademy.org
Mission Statement of Bridgton Academy
Bridgton Academy, a unique postgraduate institution for young men, is dedicated to preparing students for the challenges of college and beyond. With a mission to provide a distinctive one-year program, this academic institution prides itself on being the only school in the US exclusively offering such an experience.
The school welcomes a diverse student body, with 188 young men attending from over 20 states and various foreign countries. In this stimulating environment, students often engage in college-level courses for which they can receive transferable college credit. Bridgton Academy fosters a competitive atmosphere, with athletic programs being a significant aspect of the experience. Many graduates continue their athletic pursuits at the collegiate level.
Bridgton Academy meticulously balances freedom and structure to ensure the success of its students. All aspects of the academy experience are designed to encourage young men to thrive both academically and professionally. The students' journey at Bridgton Academy is marked by its distinctive blend of independence and discipline, ultimately shaping them into capable individuals ready to conquer the demands of higher education and their future careers.
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Impact
August, 2024
Bridgton Academy's impact lies in its unique approach to preparing young men for college and beyond. By offering a one-year postgraduate program, Bridgton Academy equips its students with the skills and mindset needed to excel in higher education and their future careers. The institution's focus on blending freedom and structure, along with its competitive athletic programs and college-level course offerings, sets graduates up for success both academically and athletically. With a diverse student body hailing from multiple states and countries, Bridgton Academy fosters a rich and immersive learning environment, shaping young men into well-rounded individuals ready to tackle the challenges of college and beyond.
This information is meant to be a general summary of Bridgton Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,494
- Program Service Revenue: $10,363,676
- Gross Receipts: $12,825,001
Assets and Liabilities:
- Total Assets: $20,658,481
- Total Liabilities: $5,138,039
- Net Assets: $15,520,442
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$9,964,840
Auxiliary Services
Revenue
$398,836
Organization Details
Founding Year
1808
Principal Officer
Martin Mooney
Main Address
PO Box 292, North Bridgton, ME, 040570292
Website
www.bridgtonacademy.orgNTEE Category
Code: B31Z - Education
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