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Whitestone Academy Inc

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

EIN: 113179475 ✦ Whitestone, NY ✦ Designated as a 501(c)(3)

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Overview

What is Whitestone Academy Inc?

Whitestone Academy Inc, located at 150-34 12th Avenue, Whitestone, New York 11357, is a nonprofit organization that focuses on providing education for students in grades 7 to 12, following the guidelines set by the New York State Department of Education. With a dedicated workforce of 13 individuals, the academy adheres to these standards to ensure a quality educational experience for its students. While specific programs or initiatives beyond instruction are not explicitly mentioned in the provided information, Whitestone Academy Inc is committed to shaping the future of its students within the realms of secondary education.


Official website here: www.thewhitesone academy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

Whitestone Academy Inc has received a low overall score of 56%, reflecting significant concerns regarding its accountability and financial practices. Notably, the organization scored poorly in key areas, such as having no independent board members and lacking critical financial transparency, which raises questions about governance and oversight.

Despite these weaknesses, some aspects of Whitestone Academy's financial management appear stable, such as a favorable liabilities to assets ratio and a solid program expense ratio. This indicates that when funds are utilized for programs, they are effectively directed towards their intended purposes. However, the absence of essential policies and documentation severely undermines the organization’s credibility.

Overall, while Whitestone Academy demonstrates a commitment to its programs, the lack of independent oversight and transparency in financial reporting presents a significant limitation. Potential donors and stakeholders may want to seek further information and improvements in governance before engaging with the organization.


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

Is Whitestone Academy Inc legitimate?

Whitestone Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whitestone Academy 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: $0

For more financial information, click here


Official website here: www.thewhitesone academy.com

What is the mission statement of Whitestone Academy Inc?

Whitestone Academy Inc's mission is centered around educating students in grades 7 to 12, adhering to the guidelines set by the New York State Department of Education. The institution is committed to providing a comprehensive learning experience that aligns with these guidelines, aiming to equip its students with the necessary knowledge and skills for their future. The academy does not specify any additional goals beyond its primary educational mission.


Official website here: www.thewhitesone academy.com

Who is the CEO of Whitestone Academy Inc?

Francis Ottaviano is the Principal Treasurer of Whitestone Academy Inc.


Official website here: www.thewhitesone academy.com

What is the revenue of Whitestone Academy Inc?

Whitestone Academy Inc's revenue in 2022 was $962,097.


Official website here: www.thewhitesone academy.com

Who are the executives of Whitestone Academy Inc and what are their salaries?

There are 13 employees at Whitestone Academy Inc.


Here are 5 key members and their salaries:


Francis Ottaviano (Principal Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ottaviano Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Ottaviano (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Crilley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gaglione (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thewhitesone academy.com

Where can I find the form 990 for Whitestone Academy Inc?

Whitestone Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thewhitesone academy.com

Learn more at the official website: www.thewhitesone academy.com

Mission Statement of Whitestone Academy Inc

Whitestone Academy Inc, as a nonprofit organization, is dedicated to instructing students in grades 7 to 12, aligning with the guidelines set by the New York State Department of Education. The institution's mission is centered around providing quality education to its adolescent learners, ensuring they meet the academic requirements and standards established by the department. The academy plays a vital role in shaping the future of its students, equipping them with the knowledge and skills necessary for their continued growth and development.

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Impact




July, 2024

Whitestone Academy Inc impacts the community by providing quality education to students in grades 7 to 12, in alignment with the guidelines set by the New York State Department of Education. By fulfilling its mission to educate and empower students within the state-approved framework, Whitestone Academy Inc plays a vital role in shaping the academic and personal development of young individuals in the Whitestone area. Through its dedicated efforts in the field of education, the organization contributes to the growth and success of students as they prepare for their futures.




This information is meant to be a general summary of Whitestone Academy 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.

Revenue
$962,097 (2022)
Expenses
$797,925 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $854,056
  • Gross Receipts: $962,097

Assets and Liabilities:

  • Total Assets: $304,524
  • Total Liabilities: $0
  • Net Assets: $304,524

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Programs

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

TUITION

Revenue

$684,430

ROOM AND BOARD

Revenue

$147,300

EXAM REGISTRATION

Revenue

$17,053

ADVANCED PLACEMENT

Revenue

$5,273

Organization Details

Founding Year

1990

Principal Officer

Francis Ottaviano

Main Address

150-34 12TH AVENUE, WHITESTONE, NY, 11357

NTEE Category

Code: B20 - Education

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