Overview
What is Charleston Development Academy?
Charleston Development Academy is a nonprofit organization based in Charleston, South Carolina, specifically at PO Box 20518. Their primary mission is to offer educational instruction to students from kindergarten through eighth grade, aiming to cater to the learning needs of approximately 137 students during the 2021-2022 school year. The academy is staffed by a dedicated team of 35 employees, ensuring a supportive and nurturing learning environment for its students. The organization's activities are centered around providing quality education to school-aged children.
Official website here: www.ccsdschools.com/developmentacademy
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating
Charleston Development Academy has achieved a commendable score of 88%, reflecting strong performance in accountability and finance. The charity has an independent board comprising 100% independent members, which contributes positively to its governance. The organization demonstrates effective financial oversight with no material diversion of assets reported and maintains transparency by listing its website on its tax forms.
While the overall financial metrics are solid, there are some gaps in policy documentation as the organization lacks a whistleblower policy and a document retention and destruction policy. Despite these limitations, Charleston Development Academy’s program expense ratio of 73% indicates that a significant portion of its resources is directed towards its programs, which is a positive aspect of its operational efficiency.
In summary, Charleston Development Academy shows strong governance and financial practices but should address the noted policy deficiencies to enhance its accountability further. Overall, it maintains a commendable standing among nonprofits, focusing on responsible management of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Charleston Development Academy legitimate?
Charleston Development Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charleston Development 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: $95,948
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,246,746
For more financial information, click here
Official website here: www.ccsdschools.com/developmentacademy
What is the mission statement of Charleston Development Academy?
The Charleston Development Academy's mission is centered around providing educational instruction to students, specifically catering to those in kindergarten through eighth grade. Their primary objective is to facilitate learning for school-aged children during this critical stage of their academic journey. During the 2021-2022 school year, the academy served approximately 137 students, demonstrating their commitment to education.
Official website here: www.ccsdschools.com/developmentacademy
Who is the CEO of Charleston Development Academy?
Joseph Watson is the Board Member of Charleston Development Academy.
Official website here: www.ccsdschools.com/developmentacademy
What is the revenue of Charleston Development Academy?
Charleston Development Academy's revenue in 2022 was $2,251,925.
Official website here: www.ccsdschools.com/developmentacademy
Who are the executives of Charleston Development Academy and what are their salaries?
The average compensation at Charleston Development Academy during 2022 was $38,363. There are 35 employees and 50 volunteers at Charleston Development Academy.
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- Compensation: $95,948
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- Other: $15,081
Official website here: www.ccsdschools.com/developmentacademy
Where can I find the form 990 for Charleston Development Academy?
Charleston Development Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccsdschools.com/developmentacademy
Learn more at the official website: www.ccsdschools.com/developmentacademy
Mission Statement of Charleston Development Academy
Charleston Development Academy, as per its mission, is committed to providing educational instruction to students from kindergarten through eighth grade. This nonprofit organization's primary goal is to equip young learners with knowledge and skills necessary for their academic growth and personal development. During the 2021-2022 school year, the academy successfully provided education to approximately 137 students, demonstrating its dedication and effectiveness in achieving its mission.
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Impact
July, 2024
Charleston Development Academy positively impacts the community by providing education to school-age children from kindergarten through eighth grade. During the 2021-2022 school year, the academy served approximately 137 students, fulfilling its mission to offer educational instruction to students in this critical age group. Through its dedication to education, Charleston Development Academy contributes to the academic growth and development of young learners in Charleston, SC.
This information is meant to be a general summary of Charleston Development 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: $1,088
- Program Service Revenue: $9,761
- Gross Receipts: $2,251,925
Assets and Liabilities:
- Total Assets: $1,171,872
- Total Liabilities: $227,655
- Net Assets: $944,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUPIL ACTIVITY INCOME
Revenue
$9,761
Organization Details
Founding Year
2003
Phone
(843) 722-2689Principal Officer
Joseph Watson
Main Address
PO BOX 20518, CHARLESTON, SC, 29413
NTEE Category
Code: B29 - Education
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