Overview
What is Foxcroft Academy Trustees Of?
Foxcroft Academy Trustees of is a nonprofit organization based in Dover-Foxcroft, Maine, specifically at 975 West Main Street. Their primary mission is to provide comprehensive secondary education to students in Rural School Unit (RSU) #68, as well as local communities without a secondary school and some private individuals. This includes boarding students. The education provided at Foxcroft Academy, established in 1823, is rigorous and college and career preparatory, aiming to produce globally informed and active citizens. The co-curricular programs are an integral part of this education, fostering a safe community and embracing the natural environment. The organization currently employs 138 individuals.
Official website here: www.foxcroftacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Foxcroft Academy Trustees Of has received an 88% score from Charity Navigator, indicating a solid level of accountability and financial management. The organization demonstrates strength in governance, with a fully independent board and effective oversight mechanisms in place. Their financial statements are well-audited, and they have a good program expense ratio, suggesting that a significant portion of their funds is directed towards their mission-related activities.
However, there are some limitations noted in the feedback, particularly regarding the absence of a whistleblower policy and document retention and destruction guidelines. While these aspects do not significantly detract from the overall positive assessment, their absence highlights areas for improvement in governance practices. The organization does publish its tax forms, which adds to transparency, but additional policies could enhance its operational integrity.
Overall, the Foxcroft Academy Trustees Of exhibit strong financial health and governance structures, yet addressing the noted gaps in policy could further bolster their accountability and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Foxcroft Academy Trustees Of legitimate?
Foxcroft Academy Trustees Of is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foxcroft Academy Trustees Of 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: $427,466
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,116,616
For more financial information, click here
Official website here: www.foxcroftacademy.org
What is the mission statement of Foxcroft Academy Trustees Of?
Foxcroft Academy, established in 1823, is an independent high school committed to providing a rigorous college and career preparatory academic curriculum. The institution, located beyond Central Maine, aims to foster informed and active global citizens by equipping its students with essential skills necessary for post-secondary success. Foxcroft Academy values knowledge as power and emphasizes its safe community and natural environment in its educational approach.
Official website here: www.foxcroftacademy.org
Who is the CEO of Foxcroft Academy Trustees Of?
Richard Swett is the Principal Officer of Foxcroft Academy Trustees Of.
Official website here: www.foxcroftacademy.org
What is the revenue of Foxcroft Academy Trustees Of?
Foxcroft Academy Trustees Of's revenue in 2022 was $11,053,374.
Official website here: www.foxcroftacademy.org
Who are the executives of Foxcroft Academy Trustees Of and what are their salaries?
The average compensation at Foxcroft Academy Trustees Of during 2022 was $32,928. There are 138 employees and 20 volunteers at Foxcroft Academy Trustees Of.
Here are 23 key members and their salaries:
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Official website here: www.foxcroftacademy.org
Where can I find the form 990 for Foxcroft Academy Trustees Of?
Foxcroft Academy Trustees Of's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foxcroftacademy.org
Learn more at the official website: www.foxcroftacademy.org
Mission Statement of Foxcroft Academy Trustees Of
Foxcroft Academy, established in 1823, is an independent high school committed to the principle that knowledge is power. With a mission rooted in this belief, Foxcroft Academy aims to provide a rigorous college and career preparatory academic curriculum to students beyond Central Maine. The academy's goal is to foster informed and active global citizens, equipping its students with the essential skills necessary for post-secondary success. Embracing its safe community and natural environment, Foxcroft Academy is dedicated to nurturing well-rounded individuals who can contribute positively to the world.
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Impact
July, 2024
Foxcroft Academy Trustees Of's impact is centered around providing a comprehensive secondary education to students in rural areas, including those in Rural School Unit #68, local communities without a secondary school, and private individuals, including boarding students. Their mission is to offer a rigorous college and career preparatory academic curriculum to produce informed and active global citizens. Through co-curricular programs, they aim to equip students with the necessary skills for post-secondary success while embracing a safe community and natural environment.
This information is meant to be a general summary of Foxcroft Academy Trustees Of. 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: $400,860
- Program Service Revenue: $8,020,316
- Gross Receipts: $13,693,196
Assets and Liabilities:
- Total Assets: $30,062,383
- Total Liabilities: $15,499,442
- Net Assets: $14,562,941
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$5,276,803
PROGRAM SUPPORT
Revenue
$2,499,309
LUNCH PROGRAM
Revenue
$244,204
Organization Details
Founding Year
1823
Phone
(207) 564-8351Principal Officer
Richard Swett
Main Address
975 WEST MAIN STREET, DOVERFOXCROFT, ME, 04426
Website
www.foxcroftacademy.orgNTEE Category
Code: B24Z - Education
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