Overview
What is Team Academy?
Team Academy is a nonprofit organization situated in Waseca, Minnesota, with a specific address at 220 17th Avenue NE, 56093. Their primary focus is to provide an educational program to approximately 94 elementary students. As a public charter school operating under Minnesota state laws, their mission is to offer a high-quality educational environment that caters to the needs of their students. The organization currently employs a team of 36 individuals to ensure the effective execution of their educational program.
Official website here: www.team.k12.mn.us/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, Two-Star out of Four Star rating
Team Academy has received a Two-Star rating from Charity Navigator, reflecting a solid but concerning level of accountability and financial management. The charity's overall score of 62% indicates that while it meets some essential criteria, there are significant areas needing improvement, particularly in board independence and governance practices.
In terms of organizational strengths, Team Academy has performed well in areas such as financial statements oversight and maintaining a conflict of interest policy. The charity also demonstrates effective management of program expenses, with a perfect score in that category. However, the absence of independent board members and weaknesses in whistleblower protections raise questions about its governance structure and transparency.
The review highlights critical limitations, particularly in the areas of board independence and financial oversight, which contribute to the low rating. Team Academy’s lack of an independent board and insufficient financial health metrics, such as a concerning liabilities to assets ratio, suggest the need for greater strategic focus on building a more robust governance framework. Overall, while the organization shows some positive attributes, addressing these weaknesses will be crucial for enhancing its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Team Academy?
84% of 9 reviewers on Facebook recommend Team Academy. Here is a summary of their reviews:
Parents express positive sentiments about the school, highlighting how it has significantly benefited their children. One reviewer specifically mentions their son's enjoyment and growth within the program, indicating that it meets their family's expectations.
Overall, the feedback suggests that Team Academy delivers a commendable experience for its students, resonating well with parents looking for a supportive educational environment.
This AI summary has been generated from reviews found on Facebook.
Is Team Academy legitimate?
Team Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team 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: $393,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $811,889
For more financial information, click here
Official website here: www.team.k12.mn.us/
What is the mission statement of Team Academy?
Team Academy's mission is to operate an elementary public charter school in accordance with the laws of Minnesota. Their primary objective is to provide an educational program for approximately 94 elementary students. In essence, Team Academy serves to educate these students within the framework of Minnesota's charter school regulations.
Official website here: www.team.k12.mn.us/
Who is the CEO of Team Academy?
Jill Courtney is the Chair of Team Academy.
Official website here: www.team.k12.mn.us/
What is the revenue of Team Academy?
Team Academy's revenue in 2022 was $2,393,876.
Official website here: www.team.k12.mn.us/
Who are the executives of Team Academy and what are their salaries?
The average compensation at Team Academy during 2022 was $33,476. There are 36 employees and 1 volunteer at Team Academy.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $59,234
- Related: $0
- Other: $5,812
- Compensation: $63,122
- Related: $0
- Other: $10,755
- Compensation: $55,950
- Related: $0
- Other: $10,406
- Compensation: $48,794
- Related: $0
- Other: $4,781
- Compensation: $15,405
- Related: $0
- Other: $2,930
- Compensation: $80,958
- Related: $0
- Other: $24,253
Official website here: www.team.k12.mn.us/
Where can I find the form 990 for Team Academy?
Team Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.team.k12.mn.us/
Learn more at the official website: www.team.k12.mn.us/
Mission Statement of Team Academy
Team Academy, a nonprofit organization, is committed to operating an elementary public charter school in accordance with the laws of Minnesota. Its primary mission is to provide a high-quality educational program for approximately 94 elementary students. This mission is centered around creating an environment that adheres to the educational guidelines set forth by the state of Minnesota. By doing so, Team Academy aims to contribute positively to the academic development of its students, ultimately fostering their growth and success in their formative years.
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Impact
August, 2024
Team Academy's impact can be seen in the lives of approximately 94 elementary students in Waseca, Minnesota. The school provides an innovative educational program that aims to empower students and create a positive learning environment. Through their commitment to education, Team Academy is shaping the future of young minds and contributing to the growth and development of the community.
This information is meant to be a general summary of Team 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: $204
- Program Service Revenue: $43,700
- Gross Receipts: $2,393,876
Assets and Liabilities:
- Total Assets: $1,901,436
- Total Liabilities: $2,698,720
- Net Assets: -$797,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL ASSISTANCE
Revenue
$41,574
FEES FROM PATRONS
Revenue
$1,325
FOOD SERVICE REVENUE
Revenue
$801
Organization Details
Founding Year
2004
Phone
(507) 837-5149Principal Officer
Jill Courtney
Main Address
220 17TH AVENUE NE, WASECA, MN, 56093
Website
www.team.k12.mn.us/NTEE Category
Code: B29 - Education
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