Overview
What is Washburn Academy Inc?
Washburn Academy Inc, established in 2005, is a nonprofit educational institution located at 805 Dempsey Street, Clearwater, Florida. With approximately 153 students, the academy offers education from kindergarten to 12th grade, utilizing various curriculums such as Spectrum, Heron, and Scholastic. The school places a high emphasis on hiring teachers with a proven and verifiable history of successfully teaching children. The primary mission of Washburn Academy Inc is to educate its students, aiming to cultivate productive, active, and happy adults who are ready to contribute to society or pursue higher education. With a team of 25 employees, the academy is dedicated to shaping the future of its students and preparing them for their roles in society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Washburn Academy Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and finance. The organization has an overall score of 67%, reflecting strong aspects such as having a fully independent board and a favorable liabilities to assets ratio. However, significant gaps in financial transparency are evident, as the organization has not made its financial statements publicly available.
The nonprofit demonstrates a high program expense ratio of nearly 99%, which suggests that it allocates most of its resources towards its programs rather than administrative costs. This is a positive indicator of the organization's focus on its mission. Nonetheless, the absence of critical policies such as conflict of interest, whistleblower, and document retention policies raises concerns about governance and operational robustness.
Moreover, the failure to provide a website link on its tax form and to upload important documents like tax filings indicates a lack of transparency that could hinder public trust and support. Addressing these weaknesses will be essential for Washburn Academy Inc to enhance its reputation and operational effectiveness moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Washburn Academy Inc legitimate?
Washburn Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washburn 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: $21,516
Other Salaries and Wages: $393,336
For more financial information, click here
What is the mission statement of Washburn Academy Inc?
Washburn Academy Inc's mission is centered around educating children, aiming to foster productive, active, and happy adults who are ready to contribute to society or further their education. The academy strives to prepare its students for adulthood, equipping them with the necessary skills and knowledge. Utilizing various curriculums such as Spectrum, Heron, and Scholastic, the school educates students from kindergarten to 12th grade. Teachers at Washburn Academy Inc are required to have a proven and verifiable teaching history.
Who is the CEO of Washburn Academy Inc?
Roberta Washburn is the Chairman of Washburn Academy Inc.
What is the revenue of Washburn Academy Inc?
Washburn Academy Inc's revenue in 2022 was $1,559,995.
Who are the executives of Washburn Academy Inc and what are their salaries?
The average compensation at Washburn Academy Inc during 2022 was $15,733. There are 25 employees at Washburn Academy Inc.
Here are 4 key members and their salaries:
- Compensation: $24,414
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $33,050
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Washburn Academy Inc?
Washburn Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Washburn Academy Inc
Washburn Academy Inc, established in 2005, is dedicated to educating children with the aim of preparing them to become productive, active, and happy adults ready to contribute to society or continue their studies in college. The mission of this educational institution is to equip its students with the necessary skills and knowledge to lead fulfilling lives and make meaningful contributions to their communities.
The school's approach to education is comprehensive, incorporating various curriculums such as Spectrum, Heron, and Scholastic. Washburn Academy Inc's teaching staff are required to have a verifiable successful history of teaching children, ensuring that the students receive instruction from experienced and competent educators. By providing a well-rounded educational experience, the academy seeks to foster in its students the confidence and competence needed to thrive in adulthood.
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Impact
October, 2024
Washburn Academy Inc plays a crucial role in shaping the futures of children in Clearwater, Florida. Established in 2005, the academy has created an environment where approximately 153 students, ranging from kindergarten to 12th grade, can thrive academically and personally. By employing diverse curriculums such as Spectrum, Heron, and Scholastic, the school ensures a comprehensive educational experience tailored to foster critical thinking and creativity.
The impact of Washburn Academy extends beyond traditional learning; it prepares students to become productive, active, and happy adults ready to contribute positively to society or pursue higher education. The academy’s commitment to quality education is evident in its requirement for teachers to have a proven record of successful teaching, ensuring that each student receives the guidance and support they need to excel.
Through its dedication to education, Washburn Academy Inc not only nurtures individual potential but also strengthens the community by fostering a generation that is equipped to engage meaningfully in society.
This information is meant to be a general summary of Washburn 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: $1,507,828
- Gross Receipts: $1,559,995
Assets and Liabilities:
- Total Assets: $960,665
- Total Liabilities: $161,383
- Net Assets: $799,282
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION AND TUITION FEES
Revenue
$1,507,828
Organization Details
Founding Year
2004
Phone
(727) 647-1668Principal Officer
Roberta Washburn
Main Address
805 DEMPSEY STREET, CLEARWATER, FL, 33756
NTEE Category
Code: B20 - Education
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