Overview
What is The Branches Academy & Early Learning Center Inc?
The Branches Academy & Early Learning Center Inc, located at 2812 Greenview Drive, Lynchburg, VA 24502, is a nonprofit organization dedicated to providing a nurturing environment for children's spiritual, emotional, and intellectual growth. With a team of 47 dedicated individuals, this Christian-based educational institution aims to foster holistic development in its students. The organization's mission revolves around delivering a Christian education, promoting positive growth in all aspects of a child's life.
Official website here: www.tolacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Branches Academy & Early Learning Center Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 69%. This rating indicates that while the organization shows promise in some areas, there are significant deficiencies in accountability and transparency practices that need addressing. The organization boasts a fully independent board, which is a strong point, but lacks essential financial documentation and policies that are critical for maintaining trust and accountability.
The organization has a solid program expense ratio of 88.29%, indicating that a substantial portion of funds is being directed towards its programs. However, the absence of financial statements and several key policies, including those for conflict of interest and whistleblower protection, highlights a need for improvement in governance practices. This lack of transparency may concern potential donors and stakeholders who prioritize accountability in nonprofit organizations.
Despite these limitations, the Branches Academy appears to be operating without material diversion of assets and has an excellent liabilities to assets ratio, suggesting financial stability. Moving forward, addressing the noted deficiencies in documentation and policies could enhance the organization’s credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Branches Academy & Early Learning Center Inc legitimate?
The Branches Academy & Early Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Branches Academy & Early Learning Center 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: $0
Other Salaries and Wages: $753,564
For more financial information, click here
Official website here: www.tolacademy.com
What is the mission statement of The Branches Academy & Early Learning Center Inc?
The Branches Academy & Early Learning Center Inc's mission is centered around providing a Christian education to children. This mission encompasses fostering the spiritual, emotional, and intellectual development of each child who attends the center. The academy aims to create an environment that nurtures the holistic growth of each child, allowing them to flourish in all aspects of their being.
Official website here: www.tolacademy.com
Who is the CEO of The Branches Academy & Early Learning Center Inc?
James A Schweiger is the Director of The Branches Academy & Early Learning Center Inc.
Official website here: www.tolacademy.com
What is the revenue of The Branches Academy & Early Learning Center Inc?
The Branches Academy & Early Learning Center Inc's revenue in 2023 was $799,302.
Official website here: www.tolacademy.com
Who are the executives of The Branches Academy & Early Learning Center Inc and what are their salaries?
The average compensation at The Branches Academy & Early Learning Center Inc during 2023 was $16,033. There are 47 employees and 5 volunteers at The Branches Academy & Early Learning Center Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tolacademy.com
Where can I find the form 990 for The Branches Academy & Early Learning Center Inc?
The Branches Academy & Early Learning Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tolacademy.com
Learn more at the official website: www.tolacademy.com
Mission Statement of The Branches Academy & Early Learning Center Inc
The Branches Academy & Early Learning Center Inc is committed to providing a nurturing educational environment for children. Their mission is centered around promoting the spiritual, emotional, and intellectual development of each child. By offering a Christian education, this nonprofit organization aims to foster a holistic growth in the children under their care. The Branches Academy & Early Learning Center Inc believes that every child deserves an opportunity to grow in all aspects of their being, and they strive to provide that opportunity through their educational programs.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Branches Academy & Early Learning Center Inc positively impacts the community by providing a Christian education to children that fosters their spiritual, emotional, and intellectual development. Through their mission to promote holistic growth in young individuals, they contribute to the cultivation of well-rounded individuals who are equipped with a strong foundation in faith and knowledge. This investment in the education and growth of children has a ripple effect on the community and helps shape future generations who embody core values and critical thinking skills.
This information is meant to be a general summary of The Branches Academy & Early Learning Center 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 2023.
- Investment Income: $397
- Program Service Revenue: $752,590
- Gross Receipts: $799,302
Assets and Liabilities:
- Total Assets: $177,188
- Total Liabilities: $0
- Net Assets: $177,188
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION CHARGES
Revenue
$723,987
REGISTRATION FEES
Revenue
$15,295
BOOK FEES
Revenue
$12,008
OTHER PROGRAM REVENUE
Revenue
$1,300
Organization Details
Founding Year
2004
Phone
(434) 455-0294Principal Officer
James A Schweiger
Main Address
2812 GREENVIEW DRIVE, LYNCHBURG, VA, 24502
Website
www.tolacademy.comNTEE Category
Code: B24 - Education
If you are a representative of The Branches Academy & Early Learning Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.