Overview
What is Worcester Academy?
Worcester Academy is an independent college preparatory school located at 81 Providence Street, Worcester, Massachusetts, 01604. With around 265 employees, it caters to approximately 500 students in grades 6 through 12 and postgraduates. The mission of Worcester Academy is to inspire students with a lifelong desire to learn and engage passionately with the world, while fostering strong and resourceful character. The school operates to promote self-development and education.
Official website here: www.worcesteracademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Worcester Academy has received a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. With a perfect score in the accountability and finance category, the organization demonstrates excellent governance practices, including having a fully independent board and no material diversion of assets. The financial health of the organization is robust, reflected in a favorable liabilities to assets ratio and a significant percentage of expenses directed towards programs.
In addition to financial accountability, Worcester Academy excels in its culture and community score, achieving a perfect 100%. The organization actively collects, uses, and responds to constituent feedback, ensuring that it remains aligned with the needs of those it serves. This level of engagement highlights the nonprofit's commitment to transparency and responsiveness.
While the organization showcases impressive strengths in governance and community engagement, the summary does not mention specific areas for improvement or challenges faced by Worcester Academy. Overall, the high ratings reflect a well-managed and responsive nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Worcester Academy?
92% of 64 reviewers on Facebook recommend Worcester Academy. Here’s a brief overview of their thoughts:
Many users express their admiration for the quality of productions in the performing arts, highlighting the exceptional musicals put on by the students. Reviews consistently mention the excellence in academics, arts, and sports, indicating that the nonprofit excels in providing a well-rounded educational experience.
Overall, those who engage with Worcester Academy feel positively about the opportunities it offers, noting that it successfully meets and often exceeds expectations in fostering a vibrant and enriching environment for students.
This AI summary has been generated from reviews found on Facebook.
Is Worcester Academy legitimate?
Worcester Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worcester 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: $10,064,808
For more financial information, click here
Official website here: www.worcesteracademy.org
What is the mission statement of Worcester Academy?
Worcester Academy is committed to nurturing students in grades 6-12 and postgraduates, inspiring in them a lifelong love for learning and a passion to engage with the world. The institution's mission is to instill honorable character and resourcefulness among its students. The academic community at Worcester Academy focuses on promoting self-development and education for approximately 500 students, aiming to foster individuals who are eager to learn and actively engage with their surroundings.
Official website here: www.worcesteracademy.org
Who is the CEO of Worcester Academy?
Elizabeth Budzinski is the Secretary of Worcester Academy.
Official website here: www.worcesteracademy.org
What is the revenue of Worcester Academy?
Worcester Academy's revenue in 2022 was $71,283,222.
Official website here: www.worcesteracademy.org
Who are the executives of Worcester Academy and what are their salaries?
The average compensation at Worcester Academy during 2022 was $37,980. There are 265 employees at Worcester Academy.
Here are 30 key members and their salaries:
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Official website here: www.worcesteracademy.org
Where can I find the form 990 for Worcester Academy?
Worcester Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worcesteracademy.org
Learn more at the official website: www.worcesteracademy.org
Mission Statement of Worcester Academy
Worcester Academy, an independent college preparatory school, is dedicated to the education and self-development of students in grades 6 through 12 and postgraduates. The institution instills in its students a lifelong desire to learn, encouraging them to engage passionately with the world around them and fostering the development of honorable persons of strong and resourceful character.
At the heart of Worcester Academy's mission is the belief that learning is a continuous process. By providing a rigorous academic program, the academy empowers its students to explore their interests, cultivate critical thinking skills, and develop the confidence to tackle challenges both inside and outside the classroom. The academy's commitment to character development is equally important, with a focus on instilling values such as respect, integrity, and kindness in its students.
In addition to academic excellence, Worcester Academy places a strong emphasis on extracurricular activities and community involvement. Students have the opportunity to participate in a wide range of clubs, sports, and service projects, allowing them to discover their passions and make meaningful contributions to the academy and beyond. The academy's supportive and inclusive environment ensures that each student receives the individual attention and guidance they need to thrive, both academically and personally.
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Impact
October, 2024
Worcester Academy profoundly impacts its community by providing a robust educational foundation for approximately 500 students in grades 6 through 12 and postgraduates. The academy fosters a love for lifelong learning and encourages students to engage actively with their surroundings. By prioritizing self-development and education, Worcester Academy cultivates honorable individuals with strong character and resourcefulness. This commitment not only shapes the academic journey of its students but also equips them to contribute meaningfully to society, thereby enhancing the collective well-being of the Worcester community and beyond.
This information is meant to be a general summary of Worcester 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: $4,357,957
- Program Service Revenue: $25,376,310
- Gross Receipts: $79,735,971
Assets and Liabilities:
- Total Assets: $144,370,971
- Total Liabilities: $20,378,815
- Net Assets: $123,992,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$25,376,310
Organization Details
Founding Year
1834
Phone
(508) 754-5302Principal Officer
Elizabeth Budzinski
Main Address
81 PROVIDENCE STREET, WORCESTER, MA, 01604
Website
www.worcesteracademy.orgNTEE Category
Code: B200 - Education
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