Overview
What is Tree Of Knowledge Learning Academy Inc?
Tree of Knowledge Learning Academy Inc, based in Miami Beach, Florida, is a nonprofit organization dedicated to assisting academically at-risk and physically challenged children. Their primary goal is to provide psycho-educational services that enable these children to attain academic success, ultimately leading them to a protective and rewarding lifestyle. The organization offers programs, including those in New Jersey, to support their mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Tree Of Knowledge Learning Academy Inc received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas for improvement. The organization achieved an overall score of 71%, with a commendable program expense ratio of 98.22%, suggesting that the majority of their funds are directed towards their programs. However, their financial transparency and accountability are areas of concern, particularly due to the lack of a financial statements review and missing key documents such as tax forms and board meeting minutes.
The organization boasts a fully independent board, which reflects positively on its governance structure. Yet, the absence of a whistleblower policy and the failure to document board meeting minutes undermine trust in their operational practices. Despite these shortcomings, it is noteworthy that there has been no material diversion of assets, showcasing some degree of financial integrity.
Overall, while Tree Of Knowledge Learning Academy Inc demonstrates strengths in directing funds towards their mission and maintaining an independent board, substantial improvements are necessary in transparency, policy implementation, and financial oversight to enhance their rating and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Tree Of Knowledge Learning Academy Inc legitimate?
Tree Of Knowledge Learning Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tree Of Knowledge Learning 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: $7,768,670
For more financial information, click here
What is the mission statement of Tree Of Knowledge Learning Academy Inc?
Tree of Knowledge Learning Academy is dedicated to assisting academically disadvantaged and physically challenged children. Through psycho-educational services, the organization aims to help these children achieve academic success and lead fulfilling lives. The programs offered by the academy aim to protect and reward the children by enabling them to overcome their challenges. The academy's mission extends beyond Florida, with operations also in New Jersey.
Who is the CEO of Tree Of Knowledge Learning Academy Inc?
Mordechai T Salfer is the President of Tree Of Knowledge Learning Academy Inc.
What is the revenue of Tree Of Knowledge Learning Academy Inc?
Tree Of Knowledge Learning Academy Inc's revenue in 2022 was $14,538,092.
Who are the executives of Tree Of Knowledge Learning Academy Inc and what are their salaries?
The average compensation at Tree Of Knowledge Learning Academy Inc during 2022 was $28,250. There are 275 employees at Tree Of Knowledge Learning Academy Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tree Of Knowledge Learning Academy Inc?
Tree Of Knowledge Learning Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tree Of Knowledge Learning Academy Inc
Tree of Knowledge Learning Academy is a dedicated nonprofit organization with a mission to help academically at-risk and physically challenged children in their pursuit of academic success and a rewarding lifestyle. Based on the given information, the academy provides psycho-educational services designed to aid these children in overcoming their challenges and reaching their full potential.
Tree of Knowledge Learning Academy's commitment extends beyond just academics. By offering tailored support, they create an environment that fosters growth and encourages the development of protective measures for each child's future. One aspect of their programs includes operations in New Jersey, demonstrating their reach and dedication to making a difference in the lives of as many children as possible.
The organization's mission is deeply rooted in the belief that every child, despite their unique circumstances, deserves the opportunity to succeed and thrive. Through their psycho-educational services, Tree of Knowledge Learning Academy bridges the gap, providing the necessary tools and resources for children to overcome their challenges and build a foundation for a productive and fulfilling future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Tree of Knowledge Learning Academy Inc has a profound impact on the lives of academically at-risk and physically challenged children in Miami Beach, FL, and beyond. By providing essential psycho-educational services, the Academy equips these children with the tools they need to achieve academic success. This support fosters not only improved educational outcomes but also instills confidence and resilience, setting the stage for a protective and rewarding lifestyle.
The organization's programs are specifically designed to address the unique challenges faced by these children, creating an inclusive learning environment that promotes personal growth and development. By catering to their individual needs, Tree of Knowledge Learning Academy helps students overcome obstacles, enhancing their potential and encouraging a love for learning.
Ultimately, the Academy's commitment to empowering vulnerable youth creates ripple effects within the community, as educated and capable individuals contribute positively to society. Through its dedicated efforts, Tree of Knowledge Learning Academy Inc is transforming lives, cultivating future leaders, and fostering a sense of hope and opportunity for those who need it most.
This information is meant to be a general summary of Tree Of Knowledge Learning 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $14,537,413
- Gross Receipts: $14,538,092
Assets and Liabilities:
- Total Assets: $8,101,415
- Total Liabilities: $3,627,475
- Net Assets: $4,473,940
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
John Peterson Scholarship
Revenue
$326,179
School-Age Child Care Fees
Revenue
$118,273
Therapy Tuition
Revenue
$1,665,036
Title 1,II, IV
Revenue
$1,686,550
Other Services CEM CERW
Revenue
$3,634,208
Organization Details
Founding Year
2008
Phone
(216) 233-0065Principal Officer
Mordechai T Salfer
Main Address
4000 Alton Rd, Miami Beach, FL, 33140
NTEE Category
Code: B999 - Education
If you are a representative of Tree Of Knowledge Learning Academy Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.