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The Sharon Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030350587 ✦ Sharon, VT ✦ Designated as a 501(c)(3)

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Overview

What is The Sharon Academy?

The Sharon Academy, established in 1996, is a town academy situated in rural Sharon, Vermont. As a small school, it offers the advantages of an intimate environment, catering to approximately 160 day students from 20 surrounding towns. About 85% of its student body is publicly funded, reflecting its commitment to inclusivity. The academy emphasizes academic rigor, personal responsibility, independent learning, leadership opportunities, teamwork, and communication skills across its curriculum. Its unique blend of public and private education sets high academic standards. The Sharon Academy aims to foster intellectual, ethical, emotional, artistic, and physical growth in its students, valuing each individual's unique identity and challenging them to reach their full potential. The academy's mission is to nurture intelligent, independent, and creative thinking in a small school community, inspiring students to recognize their immense potential and the impact they can make in the world. For more information, visit sharonacademy.org.


Official website here: www.sharonacademy.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Sharon Academy has achieved a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. This score is particularly notable as it is based entirely on financial metrics, reflecting the organization’s dedication to transparency and responsible management of resources. The absence of any material diversion of assets and the comprehensive financial oversight procedures in place contribute positively to its score.

The organization boasts a fully independent board, which enhances its governance and decision-making processes. With 100% of board members being independent and a robust size of 13 members, the board demonstrates strong leadership. The presence of essential policies, including conflict of interest and whistleblower protections, also highlights The Sharon Academy's commitment to ethical practices.

On the program side, The Sharon Academy has a commendable program expense ratio of 79.88%, indicating that a significant portion of its resources is directed towards its mission-related activities. This focus on program expenses, alongside a manageable liabilities-to-assets ratio of 11.64%, reflects the organization’s efficient use of funds and its overall financial health.


This AI summary has been generated from information found on Charity Navigator.

Is The Sharon Academy legitimate?

The Sharon Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sharon 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: $137,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,844,509

For more financial information, click here


Official website here: www.sharonacademy.org

What is the mission statement of The Sharon Academy?

The Sharon Academy's mission is centered around nurturing intelligent, independent, and creative thinking in a small community setting. The institution aims to awaken students to their immense potential and the impact they can make in the world. The academic environment encourages rigor, personal responsibility, independent learning, leadership opportunities, teamwork, and communication skills. The school values each student, helping them discover new ideas, skills, and perspectives while encouraging them to find their voice and advocate for themselves. The ultimate goal is to foster intellectual, ethical, emotional, artistic, and physical growth in each student.


Official website here: www.sharonacademy.org

What is the revenue of The Sharon Academy?

The Sharon Academy's revenue in 2024 was $3,113,184.


Official website here: www.sharonacademy.org

Who are the executives of The Sharon Academy and what are their salaries?

The average compensation at The Sharon Academy during 2024 was $28,718. There are 69 employees and 100 volunteers at The Sharon Academy.

Here are 12 key members and their salaries:


Tanya Swett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Lapp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Gish (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tulio Browning (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kylie Eastman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Farrington (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Groppe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Skarsten (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cora Swanberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gray Miranda (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katye Reed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Newman (Head Of School)
  • Compensation: $102,702
  • Related: $0
  • Other: $22,556


Official website here: www.sharonacademy.org

Where can I find the form 990 for The Sharon Academy?

The Sharon Academy's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.sharonacademy.org

Learn more at the official website: www.sharonacademy.org

Mission Statement of The Sharon Academy

The Sharon Academy, an independent middle and high school, is dedicated to nurturing intelligent, independent, and creative thinking in its students. Situated within a small school community, this institution values each student, acknowledging their unique potential and the significant impact they can make in the world. The academy emphasizes academic rigor, encouraging personal responsibility, independent learning, leadership opportunities, teamwork, and communication skills throughout the curriculum. By fostering an environment that combines elements of both public and private education, The Sharon Academy sets high academic standards. The school's ultimate goal is to help students grow intellectually, ethically, emotionally, artistically, and physically, instilling in them a strong sense of self-advocacy. The students at The Sharon Academy are actively encouraged to find their voice and express it, furthering their understanding of new ideas, skills, and perspectives.

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Impact




July, 2024

The impact of The Sharon Academy on its students and the community is significant. By providing a small school environment that emphasizes academic rigor, personal responsibility, independent learning, and communication skills, the school equips students with the tools they need to succeed. Through a hybrid of public and private education, TSA sets high academic standards and challenges students to meet their potential.

Moreover, The Sharon Academy's emphasis on nurturing intelligent, independent, and creative thinking helps students discover new ideas, skills, and points of view. By valuing each student as an individual and providing opportunities for authentic leadership, teamwork, and personal growth, TSA plays a crucial role in awakening students to their immense potential and the difference they can make in the world.

Overall, The Sharon Academy's impact can be seen in the well-rounded education it offers, the sense of community it fosters, and the future leaders it helps shape.




This information is meant to be a general summary of The Sharon 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.

Revenue
$3,113,184 (2024)
Expenses
$3,389,040 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $39,819
  • Program Service Revenue: $2,883,263
  • Gross Receipts: $3,113,184

Assets and Liabilities:

  • Total Assets: $4,759,677
  • Total Liabilities: $520,996
  • Net Assets: $4,238,681

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$2,823,606

PROGRAM REVENUES

Revenue

$59,657

Organization Details

Founding Year

1996

Principal Officer

Mary Newman

NTEE Category

Code: B20 - Education

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