Overview
What is Augsburg Fairview Academy?
Augsburg Fairview Academy is a nonprofit organization that serves diverse communities by preparing young adults for their college, career, and personal lives. Their rigorous program integrates academic studies with practical experiences in health care, education, and human services, providing a holistic approach to personal development. The academy also offers food services as part of its comprehensive programs, ensuring that all its students have access to essential resources.
Official website here: www.afa.tc
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
Augsburg Fairview Academy has received a two-star rating from Charity Navigator, indicating areas for improvement despite demonstrating a strong commitment to accountability and finance with a perfect score in that category. The organization excels in maintaining financial oversight, with no material diversions of assets and solid program expense ratios, suggesting that a significant portion of its budget is allocated to its core mission.
However, the academy's governance practices raise some concerns, particularly regarding the independence of its board members, where only 33% are independent. The organization also has notable shortcomings, such as missing documentation for its retention and destruction policy, as well as failing to post its tax form on its website, which may limit transparency for stakeholders and potential donors.
Overall, while Augsburg Fairview Academy shows strength in financial management, the lack of independent oversight and transparency issues highlight the need for improvement in governance practices to enhance its credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Augsburg Fairview Academy legitimate?
Augsburg Fairview Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Augsburg Fairview 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: $0
Other Salaries and Wages: $890,425
For more financial information, click here
Official website here: www.afa.tc
What is the mission statement of Augsburg Fairview Academy?
Augsburg Fairview Academy aims to equip young adults from various backgrounds with the necessary skills for higher education, careers, and personal growth. This is accomplished through an intensive study program that incorporates real-world experiences in healthcare, education, and human services. The academy fosters this learning environment by establishing connections with these sectors, thereby providing its students with a comprehensive and practical education. Furthermore, Augsburg Fairview Academy offers food services as part of its program offerings.
Official website here: www.afa.tc
Who is the CEO of Augsburg Fairview Academy?
Vasileios Serefeas is the President of Augsburg Fairview Academy.
Official website here: www.afa.tc
What is the revenue of Augsburg Fairview Academy?
Augsburg Fairview Academy's revenue in 2022 was $2,096,668.
Official website here: www.afa.tc
Who are the executives of Augsburg Fairview Academy and what are their salaries?
The average compensation at Augsburg Fairview Academy during 2022 was $35,617. There are 25 employees and 5 volunteers at Augsburg Fairview Academy.
Here are 6 key members and their salaries:
- Compensation: $49,381
- Related: $0
- Other: $3,934
- Compensation: $44,888
- Related: $0
- Other: $3,367
- Compensation: $42,378
- Related: $0
- Other: $3,361
- Compensation: $12,236
- Related: $0
- Other: $979
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.afa.tc
Where can I find the form 990 for Augsburg Fairview Academy?
Augsburg Fairview Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afa.tc
Learn more at the official website: www.afa.tc
Mission Statement of Augsburg Fairview Academy
Augsburg Fairview Academy, an organization dedicated to serving diverse communities, invites young adults to prepare for their future in college, careers, and life. This is achieved through an intense program that combines rigorous academic study with real-world connections to sectors such as health care, education, and human services. The academy's mission is to provide a comprehensive and immersive experience, equipping its participants with the skills and knowledge necessary to thrive in various professional fields. Furthermore, Augsburg Fairview Academy also offers food services as part of its programs, ensuring that the young adults' nutritional needs are met during their time in the academy.
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Impact
October, 2024
Augsburg Fairview Academy significantly impacts young adults from diverse communities by equipping them with the skills and knowledge necessary for success in college, careers, and life. The academy's rigorous educational program is designed to foster academic excellence while establishing meaningful connections to the health care, education, and human services sectors.
Through its focus on real-world applications of learning, Augsburg Fairview Academy helps students understand the relevance of their studies in everyday contexts, preparing them not just academically but also socially and professionally for the challenges ahead. The academy prioritizes inclusivity, ensuring that young adults from various backgrounds have access to resources and support that empower them to thrive.
Additionally, the provision of food services enhances the well-being of students, addressing basic needs so they can concentrate on their educational journey. The cumulative effect of these initiatives is a well-rounded preparation that contributes to the overall growth and empowerment of the students, enabling them to become informed, active participants in their communities.
This information is meant to be a general summary of Augsburg Fairview 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.
- Gross Receipts: $2,096,668
Assets and Liabilities:
- Total Assets: $2,873,652
- Total Liabilities: $3,315,912
- Net Assets: -$442,260
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Organization Details
Founding Year
2005
Phone
(651) 917-6259Principal Officer
Vasileios Serefeas
Main Address
2504 COLUMBUS AVE, MINNEAPOLIS, MN, 55404
Website
www.afa.tcNTEE Category
Code: B29 - Education
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