Overview
What is Richard Milburn Academy Of Florida Inc?
Richard Milburn Academy of Florida Inc. is a nonprofit organization located at 1031 Mason Avenue, Daytona Beach, Florida. With a mission to assist students at risk of dropping out of the public school system before graduation, they served 500 students during the fiscal year ending June 30, 2021. Operating as a public high school, they offer a nontraditional learning environment, enabling students to improve their grades, progress to the next grade level, and ultimately earn their diploma. The organization, which employs 23 individuals, operates with the goal of providing an opportunity for these at-risk students to get back on track and complete their high school education.
Official website here: www.rmaflorida.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Richard Milburn Academy Of Florida Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization scored exceptionally well on various metrics related to governance and financial practices, with a perfect score for accountability and finance. This high rating indicates effective management and a dedication to maintaining the trust of its supporters.
One of the significant strengths highlighted is the completely independent board of directors, which ensures that there are no conflicts of interest affecting the organization's operations. The financial oversight is robust, with an audit and oversight committee in place, along with a high program expense ratio of over 90%, indicating that most funds are directed towards its mission rather than administrative costs.
However, while the data reflects strong governance and financial health, it does not provide insights into the programmatic impact or community feedback regarding the organization's services. This absence of qualitative data suggests that potential donors may want to look beyond financial metrics to understand the full scope of the organization's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Richard Milburn Academy Of Florida Inc legitimate?
Richard Milburn Academy Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richard Milburn Academy Of Florida Inc 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: $1,420,415
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Official website here: www.rmaflorida.org
What is the mission statement of Richard Milburn Academy Of Florida Inc?
Richard Milburn Academy of Florida Inc operates a public high school that provides a non-traditional learning environment for students who are at risk of dropping out of the traditional education system before graduation. The academy's mission is to help these students get back on track, improve their grades, and earn their diplomas. The academy offers a unique opportunity for students to be promoted to the next grade level, providing them with a second chance to complete their high school education. The academy serves approximately 500 students annually, offering educational services to help them overcome the challenges they face in the traditional school system.
Official website here: www.rmaflorida.org
Who is the CEO of Richard Milburn Academy Of Florida Inc?
Sam Smith is the Board Member of Richard Milburn Academy Of Florida Inc.
Official website here: www.rmaflorida.org
What is the revenue of Richard Milburn Academy Of Florida Inc?
Richard Milburn Academy Of Florida Inc's revenue in 2022 was $4,169,124.
Official website here: www.rmaflorida.org
Who are the executives of Richard Milburn Academy Of Florida Inc and what are their salaries?
The average compensation at Richard Milburn Academy Of Florida Inc during 2022 was $61,757. There are 23 employees at Richard Milburn Academy Of Florida Inc.
Here are 5 key members and their salaries:
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Official website here: www.rmaflorida.org
Where can I find the form 990 for Richard Milburn Academy Of Florida Inc?
Richard Milburn Academy Of Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmaflorida.org
Learn more at the official website: www.rmaflorida.org
Mission Statement of Richard Milburn Academy Of Florida Inc
Richard Milburn Academy of Florida, Inc. is a nonprofit organization that operates a public high school with a mission to provide an opportunity for students who are at risk of dropping out of the traditional educational system before graduation. The academy offers a nontraditional learning environment that enables these students to get back on track, improve their grades, be promoted to the next grade level, and ultimately earn their diploma. By doing so, the academy aims to empower these students and provide them with the necessary tools to continue their educational journey. During the fiscal year ending June 30, 2021, a total of 500 students were served by the academy.
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Impact
July, 2024
Richard Milburn Academy Of Florida Inc's impact lies in providing a crucial lifeline for students in grades 9-12 who are at risk of dropping out of the public school system. By offering a nontraditional learning environment, the academy gives these students the opportunity to improve their grades, progress to the next grade level, and ultimately earn their high school diploma. This intervention ensures that 500 students were served during the fiscal year ending June 30, 2021, paving the way for a brighter future for each individual and contributing to the broader goal of increasing high school completion rates.
This information is meant to be a general summary of Richard Milburn Academy Of Florida Inc. 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.
- Program Service Revenue: $3,746,078
- Gross Receipts: $4,169,124
Assets and Liabilities:
- Total Assets: $2,512,832
- Total Liabilities: $637,379
- Net Assets: $1,875,453
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEFP
Revenue
$3,746,078
Organization Details
Founding Year
1999
Principal Officer
Sam Smith
Main Address
1031 MASON AVENUE, DAYTONA BEACH, FL, 32117
Website
www.rmaflorida.orgNTEE Category
Code: B29 - Education
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