Overview
What is Kore Academy Inc?
Kore Academy Inc, located in Lexington, Kentucky, is a nonprofit organization specialized in education. With a team of 23 dedicated individuals, they offer educational services to students at primary and secondary levels who have diverse learning disabilities. Their mission revolves around providing an inclusive learning environment, aiming to empower and equip these students with the necessary skills for their future endeavors. The organization's activities and mission are both centered around this primary goal of offering quality education to students with learning disabilities.
Official website here: www.koreacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Kore Academy Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in financial accountability and transparency. The rating is based entirely on their accountability and finance metrics, where they scored exceptionally well, particularly for having a fully independent board and no material diversion of assets. Their program expense ratio is also impressive at 91.28%, suggesting that a significant portion of their expenditures directly supports their programs.
The organization's governance appears strong, with 100% of board members being independent, which bolsters the nonprofit's integrity and operational effectiveness. They have also implemented essential policies such as whistleblower protection and document retention, showcasing their commitment to ethical practices and transparency. The liabilities to assets ratio is notably low at 0.00%, reflecting a healthy financial position.
However, while the overall score points to good management, the total rating is solely dependent on accountability and finance metrics. There are no additional beacons or areas of performance considered in this evaluation, which may provide a more holistic view of the organization's impact and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Kore Academy Inc?
Kore Academy Inc has received positive remarks from its early reviewers on Facebook, even though it currently has no formal ratings. Here is a summary of their feedback:
The teachers at Kore Academy are noted for their quality of instruction, which clearly resonates well with the students. Additionally, the social aspect of the academy—specifically the friendships formed—has been highlighted as a key benefit, contributing to a supportive and encouraging environment for learners.
Overall, it seems that the academy is on the right track, providing an enriching experience for its students through both educational and social facets. As more reviews come in, it will be interesting to see how the community continues to respond to the services offered.
This AI summary has been generated from reviews found on Facebook.
Is Kore Academy Inc legitimate?
Kore Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kore 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: $32,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $371,498
For more financial information, click here
Official website here: www.koreacademy.org
What is the mission statement of Kore Academy Inc?
Kore Academy Inc's primary mission is centered around education, specifically catering to students in the primary and secondary levels who have diverse learning disabilities. The organization's goal is to provide an educational environment that accommodates these unique needs, aiming to help these students thrive academically and personally. By offering tailored education approaches, Kore Academy Inc strives to empower these students, enabling them to reach their full potential. The academy's mission is also geared towards fostering an inclusive learning environment, where every student feels valued and supported.
Official website here: www.koreacademy.org
Who is the CEO of Kore Academy Inc?
Andrea Leslie is the Vice-President of Kore Academy Inc.
Official website here: www.koreacademy.org
What is the revenue of Kore Academy Inc?
Kore Academy Inc's revenue in 2022 was $528,882.
Official website here: www.koreacademy.org
Who are the executives of Kore Academy Inc and what are their salaries?
The average compensation at Kore Academy Inc during 2022 was $17,576. There are 23 employees at Kore Academy Inc.
Here are 5 key members and their salaries:
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Official website here: www.koreacademy.org
Where can I find the form 990 for Kore Academy Inc?
Kore Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.koreacademy.org
Learn more at the official website: www.koreacademy.org
Mission Statement of Kore Academy Inc
Kore Academy Inc, as stated in its mission, is dedicated to providing education for students in the primary and secondary levels who are grappling with various learning disabilities. The organization's primary focus is on offering an educational environment that caters to the unique needs of these students, enabling them to thrive academically. By tailoring its approach to the diverse learning challenges faced by its students, Kore Academy Inc aims to empower them, fostering their growth and development in a supportive learning setting.
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Impact
July, 2024
Kore Academy Inc's impact can be seen in the lives of students in primary and secondary levels who have various learning disabilities. Through its educational programs, Kore Academy Inc is making a significant difference by providing tailored support and resources to help these students unlock their full potential. By focusing on individualized education, Kore Academy Inc is empowering students to overcome challenges, gain confidence, and achieve academic success. Its dedication to enhancing the learning experience for students with disabilities is not only changing lives but also contributing to a more inclusive and equitable society.
This information is meant to be a general summary of Kore 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: $499,743
- Gross Receipts: $530,121
Assets and Liabilities:
- Total Assets: $235,383
- Total Liabilities: $0
- Net Assets: $235,383
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & Fees
Revenue
$499,743
Organization Details
Founding Year
2004
Principal Officer
Andrea Leslie
Main Address
2228 Lovell Court, Lexington, KY, 40513
Website
www.koreacademy.orgNTEE Category
Code: B20 - Education
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