Overview
What is Master's Academy Of Vero Beach Inc?
Master's Academy of Vero Beach Inc. is a nonprofit educational institution located in Vero Beach, Florida. With a strong emphasis on faith-based learning, the academy provides educational programs from pre-kindergarten to high school. Their mission is to academically challenge and spiritually develop each student, instilling a love for learning while equipping them to make a positive impact on the world. The academy is committed to excellence in education and upholds the authority of scriptures as truth. Currently, they have a total of 66 employees and serve approximately 183 students across their various educational levels, fostering an environment that recognizes each student as a uniquely gifted and purposeful individual in God's plan.
Official website here: www.mastersvb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Master's Academy Of Vero Beach Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. While the nonprofit excels in cultural and community engagement, scoring a perfect 100% in those areas, it struggles with governance, as evidenced by the absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy. The organization does demonstrate strong financial management with a low liabilities to assets ratio and a high program expense ratio, suggesting that most of its funding is directed towards its mission.
User reviews, such as one from a parent, highlight the positive impact Master's Academy has on families and students. The reviewer expressed appreciation for the small class sizes, which foster both academic and spiritual growth. This personal testimony underscores the school's role in nurturing responsible and service-oriented individuals, aligning with its stated mission.
However, the lack of critical governance policies mentioned in the Charity Navigator report raises concerns about the organization's operational transparency. While the community values the school's contributions, addressing these governance issues will be essential for building trust and ensuring sustainable growth in the future.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Master's Academy Of Vero Beach Inc?
96% of 15 reviewers on Facebook recommend Master's Academy of Vero Beach Inc. Here is a summary of their reviews:
Many parents express a strong sense of gratitude for the educational experience their children receive at this biblically based school. They appreciate the exceptional dedication of the teachers who genuinely invest in the well-being and growth of both students and families, fostering an environment rich in love and faith.
Overall, the sentiment leans heavily toward appreciation and support, with families feeling fortunate to be part of the Master's Academy community. This involvement seems to create a positive atmosphere that aligns well with their values and expectations for their children's education.
This AI summary has been generated from reviews found on Facebook.
Is Master's Academy Of Vero Beach Inc legitimate?
Master's Academy Of Vero Beach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Master's Academy Of Vero Beach 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: $1,312,396
For more financial information, click here
Official website here: www.mastersvb.org
What is the mission statement of Master's Academy Of Vero Beach Inc?
Master's Academy of Vero Beach Inc's mission is centered around academically challenging and spiritually developing each student, with the ultimate goal of preparing them to make a positive impact on the world. The institution is deeply committed to maintaining high standards of education, while upholding the truth and authority of religious scriptures.
The academy believes in fostering a love for learning in its students, starting from pre-kindergarten, where the foundations of academic excellence are laid. This approach continues through elementary, middle, and high school, where teachings are based on biblical worldviews. Each student is viewed as a uniquely created, gifted, and distinct individual with a specific purpose in God's plan.
The academy serves 32 students in its feeder program for elementary school, 88 in elementary school, 64 in middle school, and 53 in high school. These numbers show the academy's commitment to providing education to a diverse group of students, all with unique potentials and purposes.
Official website here: www.mastersvb.org
Who is the CEO of Master's Academy Of Vero Beach Inc?
Dr Wayne Smith is the Treasurer of Master's Academy Of Vero Beach Inc.
Official website here: www.mastersvb.org
What is the revenue of Master's Academy Of Vero Beach Inc?
Master's Academy Of Vero Beach Inc's revenue in 2022 was $2,740,783.
Official website here: www.mastersvb.org
Who are the executives of Master's Academy Of Vero Beach Inc and what are their salaries?
The average compensation at Master's Academy Of Vero Beach Inc during 2022 was $19,885. There are 66 employees at Master's Academy Of Vero Beach Inc.
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.mastersvb.org
Where can I find the form 990 for Master's Academy Of Vero Beach Inc?
Master's Academy Of Vero Beach Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mastersvb.org
Learn more at the official website: www.mastersvb.org
Mission Statement of Master's Academy Of Vero Beach Inc
Master's Academy of Vero Beach Inc is committed to academically challenging and spiritually developing each student, with the ultimate goal of equipping them to make a positive impact on the world. The organization is deeply rooted in the belief in excellence in education, as well as the authority and truth found in scriptures.
The educational programs at Master's Academy of Vero Beach Inc are designed to nurture each student's unique gifts and talents, instilling in them a love for learning and a sense of purpose in God's plan. This is evident in their pre-kindergarten program, which lays a solid foundation for academic excellence and fosters a deep appreciation for learning as children of God.
The academic curriculum at Master's Academy of Vero Beach Inc is grounded in biblical worldviews, with each student being seen as a uniquely created, gifted, and distinct individual with a specific purpose in God's plan. This belief is reflected in their elementary, middle, and high school programs, which enroll a total of 183 students. The organization's teaching methodology aims to inspire and empower students to become future leaders who will positively shape the world according to their God-given purpose.
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Impact
July, 2024
Master's Academy of Vero Beach Inc is dedicated to academically challenging and spiritually developing each student to impact the world. With a mission centered on excellence in education, truth, and authority in scriptures, the academy serves a vital role in shaping students' academic and spiritual growth.
Their programs, ranging from pre-kindergarten to high school, aim to lay a strong foundation for academic achievement while instilling a love for learning as children of God. By incorporating biblical worldviews into their teachings, Master's Academy emphasizes the belief that each student is uniquely created and gifted with a specific purpose in God's plan.
Through their commitment to providing education that integrates faith and learning, Master's Academy of Vero Beach Inc positively influences the lives of the 32 children in pre-kindergarten, 88 students in elementary school, 64 students in middle school, and 53 students in high school. By nurturing and shaping young minds in accordance with their mission, the academy plays a significant role in preparing students to make a lasting impact on the world.
This information is meant to be a general summary of Master's Academy Of Vero Beach 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: $2,235,412
- Gross Receipts: $2,740,783
Assets and Liabilities:
- Total Assets: $2,501,817
- Total Liabilities: $994,418
- Net Assets: $1,507,399
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION, FEES & RELATED INC
Revenue
$2,431,419
TUITION DISCOUNT
Revenue
-$196,007
Organization Details
Founding Year
2003
Phone
(772) 794-4655Principal Officer
Dr Wayne Smith
Main Address
1105 58TH AVENUE, VERO BEACH, FL, 32966
Website
www.mastersvb.orgNTEE Category
Code: B20 - Education
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