Overview
What is Zenith Academy?
Zenith Academy is a distinguished public charter school situated in Columbus, Ohio. With a strong focus on academic excellence, the school caters to around 300 students, many of whom are English language learners. Zenith Academy embraces a holistic approach to education, ensuring a well-rounded development for its students. As a nonprofit entity, its mission is to offer educational services primarily to a demographic group of students from low-income backgrounds. The school is home to a dedicated team of 96 employees committed to providing quality education and support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Zenith Academy has received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 67%. The organization demonstrates strong accountability and governance, highlighted by a fully independent board and robust policies in place, including conflict of interest and whistleblower policies. Additionally, there is no indication of material asset diversion, which reflects positively on their operational integrity.
However, the nonprofit faces significant challenges in financial management, as indicated by a program expense ratio of 100% and a fundraising efficiency ratio of $0.00. The negative working capital ratio of -0.16 years suggests potential liquidity issues. Furthermore, the absence of critical financial documents, such as tax forms on their website, raises concerns about transparency and accessibility of financial information.
Overall, while Zenith Academy has strong governance practices, it needs to address its financial health and transparency issues to improve its rating and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Zenith Academy legitimate?
Zenith Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zenith 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,884,215
For more financial information, click here
What is the mission statement of Zenith Academy?
Zenith Academy, a public charter school in an unspecified location, is committed to providing educational services. Its primary focus is on serving a demographic group of students who are typically from lower-income households. The academy strives to offer a high-quality education to approximately 300 students, many of whom have English as their second language. Zenith Academy values academic excellence and adopts a holistic approach to education, aiming to cater to the overall development of its students.
Who is the CEO of Zenith Academy?
C David Massa is the Board Chair of Zenith Academy.
What is the revenue of Zenith Academy?
Zenith Academy's revenue in 2022 was $8,199,579.
Who are the executives of Zenith Academy and what are their salaries?
The average compensation at Zenith Academy during 2022 was $30,044. There are 96 employees at Zenith Academy.
Here are 6 key members and their salaries:
- Compensation: $1,250
- Related: $0
- Other: $0
- Compensation: $1,250
- Related: $0
- Other: $0
- Compensation: $1,250
- Related: $0
- Other: $0
- Compensation: $1,250
- Related: $0
- Other: $0
- Compensation: $1,125
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
Where can I find the form 990 for Zenith Academy?
Zenith Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Zenith Academy
Zenith Academy, a public charter school, is committed to providing educational services to a primarily high-poverty demographic group of students. Their mission is to strive for academic excellence and adopt a holistic approach to the education of these students. The school serves around 300 students, many of whom speak English as a second language. Zenith Academy aims to offer a high-quality education, ensuring that its students not only acquire academic knowledge but also develop holistically.
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Impact
July, 2024
Zenith Academy, a public charter school in Ohio, is making a significant impact by providing high-quality education to approximately 300 students, many of whom speak English as a second language. The school's focus on academic excellence and holistic education is helping students from primarily high poverty backgrounds to achieve their full potential. Through its mission to provide educational services to underserved communities, Zenith Academy is playing a crucial role in empowering students and giving them the tools they need to succeed.
This information is meant to be a general summary of Zenith 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.
- Gross Receipts: $8,199,579
Assets and Liabilities:
- Total Assets: $9,118,396
- Total Liabilities: $10,714,864
- Net Assets: -$1,596,468
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Organization Details
Founding Year
2005
Phone
(614) 888-9997Principal Officer
C David Massa
Main Address
4580 Heaton Road, Columbus, OH, 43229
NTEE Category
Code: B29 - Education
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