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The Eagle Academy Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201532382 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Eagle Academy Foundation Inc?

The Eagle Academy Foundation Inc, located at 31 West 125th Street, New York, NY 10027, is a nonprofit organization dedicated to fostering college readiness in young males from challenged urban communities. Their mission is to establish and support a network of all-male, college-preparatory public schools from grade 6 to 12, inspiring future leaders who excel in character, academics, and community service. The Foundation's activities include college preparation beginning in the 6th grade, frequent college campus visits, personalized college planning, and career fairs, ensuring scholars have a post-secondary plan, including college entry. The Eagle Academy Network of Public Schools in New York City and Newark, New Jersey, and their Professional Development Institute are among the initiatives supported by the Foundation, which currently employs 17 individuals.


Official website here: www.eafny.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 100% - Four-Star out of Four Star rating

The Eagle Academy Foundation Inc has achieved an impressive overall score of 100%, reflecting its strong commitment to accountability, finance, leadership, and community engagement. Notably, the organization maintains a fully independent board composed of 14 members, ensuring transparency and integrity in its governance. Additionally, it excels in its financial management, evidenced by a top program expense ratio and efficient fundraising practices.

The foundation's focus on feedback collection and usage is commendable, with perfect scores in these areas indicating a responsive approach to stakeholder input. Its policies regarding conflict of interest, whistleblower protections, and document retention are well-structured, showcasing a comprehensive commitment to ethical standards in nonprofit management.

Despite its many strengths, the foundation's financials reveal a working capital ratio of 0.90 years, which suggests that it may need to ensure adequate liquidity for future operations. However, overall, The Eagle Academy Foundation Inc stands out as a model nonprofit organization, demonstrating excellence across various operational metrics.


This AI summary has been generated from information found on Charity Navigator.

Is The Eagle Academy Foundation Inc legitimate?

The Eagle Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Eagle Academy Foundation 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: $809,753
Professional Fundraising Fees: $0
Other Salaries and Wages: $634,265

For more financial information, click here


Official website here: www.eafny.org

What is the mission statement of The Eagle Academy Foundation Inc?

The Eagle Academy Foundation Inc's mission is centered around developing and sustaining a network of all-male, college-preparatory schools in underprivileged urban communities. These schools cater to students from grades 6 to 12, with a focus on nurturing future leaders who embody excellence in character, academic achievement, and community service. The organization supports its Eagle Academy Network of Public Schools in New York City and Newark, New Jersey, and also runs a Professional Development Institute. Its aim is to promote these principles on a national level, fostering educational and character growth in young men.


Official website here: www.eafny.org

Who is the CEO of The Eagle Academy Foundation Inc?

Donald Ruff is the President/Ceo of The Eagle Academy Foundation Inc. The CEO's salary of The Eagle Academy Foundation Inc is $147,661 and their total compensation is $148,177.


Official website here: www.eafny.org

What is the revenue of The Eagle Academy Foundation Inc?

The Eagle Academy Foundation Inc's revenue in 2022 was $4,116,740.


Official website here: www.eafny.org

Who are the executives of The Eagle Academy Foundation Inc and what are their salaries?

The average compensation at The Eagle Academy Foundation Inc during 2022 was $84,942. There are 17 employees and 100 volunteers at The Eagle Academy Foundation Inc.


Here are 21 key members and their salaries (The Eagle Academy Foundation Inc's CEO's salary is $147,661 and their total compensation is $148,177):


David C Banks (President/Ceo)
  • Compensation: $258,948
  • Related: $0
  • Other: $5,848
Kenita D Lloyd (Coo)
  • Compensation: $174,141
  • Related: $0
  • Other: $9,323
Jawana Johnson (Chief Acad Officer)
  • Compensation: $163,643
  • Related: $0
  • Other: $5,888
Elizabeth Almonte (Chief Innov. Ofc.)
  • Compensation: $155,648
  • Related: $0
  • Other: $11,199
Donald Ruff (Int. Pres.& Ceo)
  • Compensation: $147,661
  • Related: $0
  • Other: $516
Aaron Barnette (Dir Strat Ptr&Ment)
  • Compensation: $116,940
  • Related: $0
  • Other: $7,529
Kima Reed (Interim Coo)
  • Compensation: $102,000
  • Related: $0
  • Other: $0
A Mark Getachew Esq (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas T Healy Cfa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William F Barrett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel I Albarella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chapin Bates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aldrin Enis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felton Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monique L Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Nordahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carra L Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul T Williams Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Zubovic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Zollar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eafny.org

Where can I find the form 990 for The Eagle Academy Foundation Inc?

The Eagle Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eafny.org

Learn more at the official website: www.eafny.org

Mission Statement of The Eagle Academy Foundation Inc

The Eagle Academy Foundation, as its mission statement suggests, is dedicated to establishing and supporting a network of all-male, college-preparatory public schools in urban communities faced with challenges. These schools cater to students from grades 6 to 12, with the primary objective of nurturing future leaders who embody excellence in character, scholastic achievement, and community service. The foundation extends its support to two specific Eagle Academy Networks, one in New York City and another in Newark, New Jersey.

In addition to its school network, The Eagle Academy Foundation operates a Professional Development Institute. This institute plays a crucial role in providing resources and training to educators and mentors associated with the Eagle Academy Network. The goal is to foster an environment that encourages sustainable models of education and character development in these schools. The foundation's work aims to promote the values of academics, integrity, and community service nationwide, instilling these principles in the young men it serves.

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Impact




August, 2024

The Eagle Academy Foundation has a significant impact on the lives of young men in challenged urban communities by providing them with a comprehensive and systematic approach to college readiness. Through their college preparation programs, the foundation reinforces the message and expectation that all scholars have a post-secondary plan, with a strong emphasis on college entrance. Beginning as early as the 6th grade, students are exposed to college awareness, campus visits, college counseling, and planning that continues until the end of 12th grade. Additionally, college and career fairs are organized to provide students with exposure to the various post-secondary opportunities available to them after graduation from Eagle Academy.

The foundation's mission is to develop and support a network of all-male, grades 6-12, college-preparatory public schools that educate and mentor young men into future leaders committed to excellence in character, scholastic achievement, and community service. Through its Eagle Academy Network of Public Schools in New York City and Newark, New Jersey, as well as its Professional Development Institute, The Eagle Academy Foundation is dedicated to promoting these principles nationally. Their work in education is vital in shaping the next generation of leaders and promoting academic success among young men in challenged urban communities.




This information is meant to be a general summary of The Eagle Academy Foundation 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.

Revenue
$4,116,740 (2022)
Expenses
$3,292,634 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,887
  • Program Service Revenue: $276,000
  • Gross Receipts: $4,352,053

Assets and Liabilities:

  • Total Assets: $2,434,762
  • Total Liabilities: $462,766
  • Net Assets: $1,971,996

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Fee For Services

Revenue

$276,000

Organization Details

Founding Year

2004

Principal Officer

Donald Ruff

Main Address

31 West 125th Street, NEW YORK, NY, 10027

NTEE Category

Code: B25 - Education

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