Overview
What is Chance Academy?
Chance Academy is a nonprofit organization situated in Washington, D.C., with a focus on creating a conducive learning environment for children, their families, and the community. The organization's mission is to promote intellectual growth, critical thinking skills, socio-emotional development, personal wellness, creativity, and restorative justice practices. By fostering environmental stewardship, wellness, peace-building, cultural literacy, and community and belonging, Chance Academy aims to equip its participants with the confidence to pursue further education or careers, while also cultivating informed and thoughtful global citizens. The organization has a team of 14 dedicated individuals working towards these goals.
Official website here: www.chanceacademy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Chance Academy has demonstrated strong performance in accountability and finance, achieving a Four-Star rating from Charity Navigator. The organization scores exceptionally high in key areas, including having 100% independent board members and a solid financial audit process. With a program expense ratio of 81.90%, the majority of its resources are directed towards its programs, indicating a commitment to fulfilling its mission effectively.
User feedback from Great Nonprofits reflects positive experiences with Chance Academy, particularly emphasizing the engaging and unique educational approach offered to students. One reviewer highlighted the welcoming atmosphere and the energetic environment, suggesting that the academy provides an enriching alternative to traditional public education. The staff's dedication is also noted, with specific praise for the supportive and joyful interactions observed.
While the data presents a favorable view of Chance Academy, there is limited user feedback available, which may not provide a comprehensive understanding of the organization's overall impact. Nonetheless, the high ratings from Charity Navigator and positive user reviews suggest that Chance Academy is a well-managed nonprofit with a strong focus on educational quality and community engagement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Chance Academy legitimate?
Chance Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chance Academy 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: $64,700
Other Salaries and Wages: $997,567
For more financial information, click here
Official website here: www.chanceacademy.org
What is the mission statement of Chance Academy?
Chance Academy's mission is to establish an educational community that serves as a learning center for students and their families. This community fosters various aspects, including environmental stewardship, wellness, peace-building, cultural literacy, and a sense of community and belonging. Through this comprehensive approach, the Academy aims to promote intellectual growth, critical thinking skills, socio-emotional development, personal wellness, creativity, and restorative justice practices. The ultimate goal is to help each child reach their full potential, preparing them to pursue their educational or career paths with confidence, while fostering a strong foundation for being informed and thoughtful global citizens.
Official website here: www.chanceacademy.org
Who is the CEO of Chance Academy?
Anna Bernanke is the Executive Director of Chance Academy.
Official website here: www.chanceacademy.org
What is the revenue of Chance Academy?
Chance Academy's revenue in 2022 was $1,663,380.
Official website here: www.chanceacademy.org
Who are the executives of Chance Academy and what are their salaries?
The average compensation at Chance Academy during 2022 was $71,255. There are 14 employees at Chance Academy.
Here are 8 key members and their salaries:
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Official website here: www.chanceacademy.org
Where can I find the form 990 for Chance Academy?
Chance Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chanceacademy.org
Learn more at the official website: www.chanceacademy.org
Mission Statement of Chance Academy
Chance Academy, an educational community, is committed to serving as a learning hub for students and their families. Its mission is to foster an environment that encourages environmental stewardship, wellness, peace-building, cultural literacy, and a sense of community and belonging. The organization strives to create a healthy and supportive learning environment where children can reach their full potential. This is achieved by promoting intellectual growth, critical thinking skills, socio-emotional development, personal wellness, creativity, and restorative justice practices. By adopting a comprehensive approach, Chance Academy aims to equip its participants with the confidence to pursue their next educational or career path, while also instilling in them the values of being informed and thoughtful global citizens.
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Impact
October, 2024
Chance Academy significantly impacts the Washington, DC community by creating a dynamic educational ecosystem that promotes holistic development for students and their families. By fostering a supportive learning environment, Chance Academy encourages intellectual growth, critical thinking, and socio-emotional development, empowering each child to reach their highest potential.
The academy emphasizes personal wellness and creativity, ensuring that students not only thrive academically but also cultivate essential life skills. Through restorative justice practices, Chance Academy instills values of peace-building and cultural literacy, preparing participants to navigate diverse environments and contribute positively to society.
Furthermore, this community-oriented approach nurtures a sense of belonging, creating strong familial and communal ties that extend the benefits of education beyond the classroom. As a result, graduates emerge with the confidence and skills necessary to pursue their educational and career paths, equipped with a foundation for becoming informed and thoughtful global citizens.
This information is meant to be a general summary of Chance Academy. 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: $115
- Program Service Revenue: $75,450
- Gross Receipts: $1,663,380
Assets and Liabilities:
- Total Assets: $1,559,693
- Total Liabilities: $57,592
- Net Assets: $1,502,101
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$75,450
Organization Details
Founding Year
2007
Phone
(240) 746-2550Principal Officer
Anna Bernanke
Main Address
1349 INDEPENDENCE CT SE, WASHINGTON, DC, 200032380
Website
www.chanceacademy.orgNTEE Category
Code: B25 - Education
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