Overview
What is Lee Academy?
Lee Academy is a nonprofit private secondary school located at 26 Winn Road, Lee, Maine 04455. Established with the purpose of providing education, it offers transportation and dormitory facilities as well. The organization, which employs 66 individuals, operates as a secondary school with a focus on academic growth and development. The nonprofit's mission is centered around educating students, catering to their diverse needs and fostering a learning environment that encourages personal growth.
Official website here: www.leeacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Lee Academy has received a Three-Star rating from Charity Navigator, indicating a solid performance in its accountability and financial management. The score is entirely based on the organization's accountability and finance, which is rated at 86%. This rating reflects strong governance practices, including having a fully independent board and transparent financial oversight.
The organization excels in several key areas, such as having a majority of independent board members and effective financial statements oversight. Notably, there have been no material diversions of assets, and the organization has implemented necessary policies, including conflict of interest and whistleblower protections. Additionally, their liabilities to assets ratio is impressively low, suggesting a strong financial position.
However, while Lee Academy has a commendable program expense ratio of 65.59%, there is room for improvement in this area to enhance the overall allocation of resources towards its programs. Overall, the organization demonstrates solid financial practices and governance, but continued focus on increasing program expenses could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lee Academy?
94% of 24 reviewers on Facebook recommend Lee Academy. Here is a summary of their reviews:
Many individuals praise the academy for its excellent academic programs and supportive learning environment. Reviewers frequently highlight the dedicated staff and the positive impact they have on students' personal and educational growth. The school's commitment to fostering a balanced and encouraging atmosphere is often noted as a significant factor in their satisfaction.
Overall, the overwhelming sentiment reflects a strong endorsement of Lee Academy's offerings, with comments emphasizing the quality of education and the nurturing community that the school provides for its students.
This AI summary has been generated from reviews found on Facebook.
Is Lee Academy legitimate?
Lee Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee 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: $123,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,417,249
For more financial information, click here
Official website here: www.leeacademy.org
What is the mission statement of Lee Academy?
Lee Academy's mission is centered around operating a secondary nonprofit private school, serving as a beacon for education. The institution's primary objective is to achieve educational growth through the operation of a private secondary school. Additionally, Lee Academy provides essential facilities such as transportation and dormitory services to support its students' needs, contributing to a comprehensive learning experience.
Official website here: www.leeacademy.org
Who is the CEO of Lee Academy?
David Dodge is the Trustee of Lee Academy.
Official website here: www.leeacademy.org
What is the revenue of Lee Academy?
Lee Academy's revenue in 2023 was $3,192,511.
Official website here: www.leeacademy.org
Who are the executives of Lee Academy and what are their salaries?
The average compensation at Lee Academy during 2023 was $23,350. There are 66 employees at Lee Academy.
Here are 13 key members and their salaries:
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Official website here: www.leeacademy.org
Where can I find the form 990 for Lee Academy?
Lee Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.leeacademy.org
Learn more at the official website: www.leeacademy.org
Mission Statement of Lee Academy
Lee Academy, as a nonprofit organization, is dedicated to the operation of a secondary private school. This mission is centered around providing quality education to its students, going beyond the four walls of the classroom. The academy also provides essential facilities such as transportation and dormitory accommodations, ensuring a comprehensive learning experience for its pupils. The achievement of Lee Academy lies in its success in educating students through the operation of a private secondary school.
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Impact
July, 2024
Lee Academy has a significant impact on the community by providing a high-quality secondary education to students. The school's commitment to academic excellence and individualized attention helps students achieve their educational goals and prepares them for future success. Additionally, Lee Academy's provision of transportation and dormitory facilities ensures that students have access to a safe and supportive learning environment. Overall, Lee Academy plays a crucial role in shaping the next generation of leaders and contributing to the overall educational landscape in Lee, Maine.
This information is meant to be a general summary of Lee 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 2023.
- Investment Income: $364,480
- Program Service Revenue: $1,884,678
- Gross Receipts: $3,705,944
Assets and Liabilities:
- Total Assets: $5,226,810
- Total Liabilities: $323,020
- Net Assets: $4,903,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,826,415
SCHOOL LUNCH ASSISTANC
Revenue
$58,263
Organization Details
Founding Year
1845
Phone
(207) 738-2252Principal Officer
David Dodge
Main Address
26 WINN ROAD, LEE, ME, 04455
Website
www.leeacademy.orgIf you are a representative of Lee Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.