Overview
What is The Academy Inc?
The Academy Inc, with its operational base at 3880 N Front St, Fayetteville, AR 72703, is a nonprofit organization primarily dedicated to operating a charter high school under the Arkansas Department of Education. Their mission, as stated, is to provide an alternative learning environment for students, with a strong focus on the study of sciences and mathematics. This nonprofit operates under the name Haas Hall Academy, employing a total of 135 individuals. Their goal is to offer an aggressive and specialized educational experience, setting it apart from traditional learning environments.
Official website here: www.haashall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Academy Inc has received a two-star rating from Charity Navigator, indicating significant areas for improvement within its operations. The organization boasts a high level of independence among its board members, which is a positive aspect of its governance structure. However, the absence of crucial policies such as a conflict of interest policy and whistleblower policy raises concerns regarding its accountability practices.
Financially, The Academy Inc has a program expense ratio of 100%, meaning all its expenses are allocated towards its programs, showcasing a strong commitment to its mission. However, the organization carries a liabilities to assets ratio of 122.93%, suggesting potential financial risks that could affect its stability. Additionally, the lack of transparency in publishing financial documents on its website further detracts from its overall accountability.
In summary, while The Academy Inc demonstrates effective program allocation and independent governance, it faces challenges related to financial health and missing crucial policies that could enhance transparency and accountability. Addressing these limitations could improve its rating and overall impact in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Academy Inc legitimate?
The Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 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: $5,802,322
For more financial information, click here
Official website here: www.haashall.org
What is the mission statement of The Academy Inc?
The Academy Inc, as an educational institution, aims to offer a challenging alternative to the conventional learning environment for students with a strong interest in sciences and mathematics. The organization's mission is to provide an engaging and vigorous educational experience, focusing on these particular subjects. By operating a charter high school under the Arkansas Department of Education, The Academy Inc is committed to fostering an educational environment that encourages and supports students' passion for these subjects.
Official website here: www.haashall.org
Who is the CEO of The Academy Inc?
Martin Schoppmeyer is the Superintende of The Academy Inc.
Official website here: www.haashall.org
What is the revenue of The Academy Inc?
The Academy Inc's revenue in 2022 was $10,895,047.
Official website here: www.haashall.org
Who are the executives of The Academy Inc and what are their salaries?
The average compensation at The Academy Inc during 2022 was $42,980. There are 135 employees at The Academy Inc.
There is 1 key member and their salary:
- Compensation: $269,108
- Related: $0
- Other: $0
Official website here: www.haashall.org
Where can I find the form 990 for The Academy Inc?
The Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.haashall.org
Learn more at the official website: www.haashall.org
Mission Statement of The Academy Inc
The Academy Inc, a nonprofit organization, aims to offer an alternative and aggressive learning environment for students, with a strong focus on the study of sciences and mathematics. Their mission is geared towards providing a distinctive educational experience that departs from the conventional methods, specifically catering to students who are drawn to these subjects. Under the supervision of the Arkansas Department of Education, The Academy Inc operates a charter high school, offering an educational setting that encourages in-depth exploration of scientific and mathematical concepts.
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Impact
October, 2024
The Academy Inc significantly enhances the educational landscape by offering an aggressive alternative to traditional learning environments, particularly focusing on the sciences and mathematics. Operating as a charter high school under the Arkansas Department of Education, it serves students in Fayetteville, AR, with a curriculum designed to ignite curiosity and foster deep understanding in these critical fields.
By prioritizing a hands-on, innovative approach to education, The Academy Inc encourages students to engage with complex concepts in a collaborative and stimulating setting. This focus not only promotes academic achievement but also prepares students for future careers in STEM (science, technology, engineering, and mathematics) disciplines, thereby contributing to a more skilled and competitive workforce.
The institution’s mission reflects a commitment to meet the diverse needs of learners who may not thrive in conventional educational structures. By cultivating an environment where students can explore their interests in sciences and mathematics with vigor, The Academy Inc plays an essential role in shaping motivated and knowledgeable individuals ready to tackle real-world challenges.
This information is meant to be a general summary of The 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.
- Investment Income: $13
- Gross Receipts: $10,895,047
Assets and Liabilities:
- Total Assets: $9,979,176
- Total Liabilities: $13,088,415
- Net Assets: -$3,109,239
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Organization Details
Phone
(479) 966-4930Principal Officer
Martin Schoppmeyer
Main Address
3880 N FRONT ST, FAYETTEVILLE, AR, 72703
Website
www.haashall.orgNTEE Category
Code: B25 - Education
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