Overview
What is New Academy?
New Academy is a nonprofit organization dedicated to cultivating a child-centered learning environment. Their mission is to foster student competence and active community contribution by enabling self-direction, critical thinking, and promoting self-esteem and respect for cultural diversity.
Official website here: www.newacademy-la.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
New Academy has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's high score is primarily derived from its commitment to transparency and responsible financial management, achieving a perfect score in several key areas, including board independence and financial oversight.
The organization boasts a fully independent board and effective policies such as conflict of interest and whistleblower protections, indicating a robust governance structure. Additionally, its program expense ratio of 86.39% demonstrates a strong focus on programmatic spending, ensuring that a significant portion of resources directly supports its mission.
While the rating highlights numerous strengths, it is essential for potential donors to consider that the evaluation is solely based on financial metrics. Future assessments may benefit from incorporating additional factors such as program outcomes and community impact to provide a more comprehensive view of New Academy's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is New Academy legitimate?
New Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. New 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: $165,771
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,384,151
For more financial information, click here
Official website here: www.newacademy-la.org
What is the mission statement of New Academy?
The New Academy's mission is geared towards empowering students to become proficient members of society. In this learning environment, students are encouraged to utilize their talents to make positive contributions to their community. The academy focuses on creating a child-centered atmosphere where students can work cooperatively, develop self-direction, critical thinking skills, self-esteem, self-assurance, and respect for cultural diversity. The ultimate goal is to prepare students for active participation in their communities.
Official website here: www.newacademy-la.org
Who is the CEO of New Academy?
Victor Gil is the President of New Academy.
Official website here: www.newacademy-la.org
What is the revenue of New Academy?
New Academy's revenue in 2022 was $16,393,037.
Official website here: www.newacademy-la.org
Who are the executives of New Academy and what are their salaries?
The average compensation at New Academy during 2022 was $42,366. There are 131 employees and 193 volunteers at New Academy.
Here are 12 key members and their salaries:
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Official website here: www.newacademy-la.org
Where can I find the form 990 for New Academy?
New Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newacademy-la.org
Learn more at the official website: www.newacademy-la.org
Mission Statement of New Academy
New Academy, a mission-driven organization, aims to empower students to become competent and contributing members of society. The institution is dedicated to creating an exciting learning environment that encourages students to utilize their talents positively within their community.
In the heart of New Academy's mission lies the goal of fostering a child-centered atmosphere where students can collaborate effectively. This approach enables students to develop self-direction and critical thinking skills, as well as boosting their self-esteem and self-assurance. New Academy places significant importance on respecting cultural diversity, ensuring that each student feels valued and included in the learning process.
By offering a standards-driven curriculum, New Academy motivates students to excel academically while also emphasizing the importance of social responsibility. The organization's approach goes beyond traditional education methods to instill a sense of community engagement and civic consciousness in its students. In this way, New Academy is helping to shape the next generation of informed, compassionate, and competent individuals.
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Impact
October, 2024
New Academy significantly enhances the educational experience for students in Los Angeles by fostering a child-centered environment dedicated to developing essential life skills. By encouraging cooperative work, critical thinking, and self-direction, it prepares students to become competent and contributing members of society.
Through its vibrant, standards-driven learning atmosphere, New Academy promotes self-esteem and assurance among students, allowing them to fully realize their potential. Additionally, the emphasis on respecting cultural diversity enriches the educational journey, cultivating a sense of community and inclusion. This holistic approach not only empowers students academically but also equips them with the social and emotional competencies necessary for positive contributions to their communities.
This information is meant to be a general summary of New 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: $16,393,037
Assets and Liabilities:
- Total Assets: $13,929,645
- Total Liabilities: $1,466,515
- Net Assets: $12,463,130
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Organization Details
Founding Year
2003
Phone
(213) 483-2060Principal Officer
Victor Gil
Main Address
303 SOUTH LOMA DRIVE, LOS ANGELES, CA, 90017
Website
www.newacademy-la.orgNTEE Category
Code: B29 - Education
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