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Early College Academy

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

EIN: 202658050 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Early College Academy?

Early College Academy is a nonprofit institution located at 137 E State Street, Columbus, Ohio 43215. Its primary mission is to assist students in achieving their individual academic goals, ensuring they are well-equipped for their subsequent level of learning and are ready to attend their preferred college or join the workforce. The academy fosters an environment that nurtures highly educated, leadership-ready, and service-oriented individuals, empowering them to thrive as global citizens. The academy employs a team of 21 individuals, dedicated to shaping the future leaders of tomorrow.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating from Charity Navigator.

Early College Academy has received a rating of 77%, indicating a moderate level of accountability and financial health. The score is based entirely on the Accountability & Finance category, where the organization has shown strength in several areas, including having 100% independent board members and an effective audit and oversight committee. These strengths reflect a commitment to transparency and good governance practices.

The nonprofit has successfully documented its board meeting minutes and has policies in place for conflict of interest and whistleblower protections, which are crucial for maintaining ethical operations. Additionally, the organization allocates 100% of its expenses to program-related activities, demonstrating a clear focus on its mission and effective use of funds.

However, a notable area of concern is the liabilities to assets ratio, which is reported at 138.38%, indicating that the organization has liabilities that exceed its assets. This could pose potential financial challenges and may impact its long-term sustainability. Overall, while Early College Academy exhibits solid governance and program spending, stakeholders should be aware of the financial risks associated with its current asset management.


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

Is Early College Academy legitimate?

Early College Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Early College 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $825,116

For more financial information, click here

What is the mission statement of Early College Academy?

The Early College Academy's mission is centered around helping students achieve their individual academic goals, ensuring they are well-prepared for their next level of learning. This includes collegiate studies and entry into the workforce. Each student is educated to a high level, prepared for leadership and service, and empowered for success as a global citizen. The academy aims to equip its students with the necessary skills and knowledge to thrive in a diverse and interconnected world.

Who is the CEO of Early College Academy?

Andrew Schabo Esq is the President of Early College Academy.

What is the revenue of Early College Academy?

Early College Academy's revenue in 2022 was $1,223,145.

Who are the executives of Early College Academy and what are their salaries?

The average compensation at Early College Academy during 2022 was $39,291. There are 21 employees at Early College Academy.


Here are 4 key members and their salaries:


Andrew Schabo Esq (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Brandon (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald J Washington (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Early College Academy?

Early College Academy's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Early College Academy

Early College Academy aims to empower its students to achieve their individually set academic goals, ensuring they are well-prepared for their next level of learning and eventual entry into their chosen college and workforce. The institution takes a comprehensive approach, not only focusing on academic excellence but also nurturing leadership skills, service-mindedness, and global citizenship in each student. With this holistic approach, Early College Academy aims to graduate students who are highly educated, well-equipped for leadership roles, and ready to contribute positively to their communities and the world at large.

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Impact




October, 2024

Early College Academy significantly impacts students by fostering an environment where they can achieve individually established academic goals. This personalized approach prepares them for their next level of learning and ensures they graduate ready for their chosen colleges and the workforce.

Through a comprehensive educational framework, students are not only academically empowered but also equipped with the leadership and service skills necessary for success in a global community. The emphasis on individualized achievement allows each student to thrive, ultimately contributing to their development as informed and engaged citizens. The academy's commitment to educational excellence plays a crucial role in shaping the future of its students in Columbus, Ohio.




This information is meant to be a general summary of Early College 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.

Revenue
$1,223,145 (2022)
Expenses
$1,457,185 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $220
  • Program Service Revenue: $961,301
  • Gross Receipts: $1,223,145

Assets and Liabilities:

  • Total Assets: $2,809,312
  • Total Liabilities: $3,914,676
  • Net Assets: -$1,105,364

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Programs

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

STATE FOUNDATION

Revenue

$961,301

Organization Details

Founding Year

2006

Principal Officer

Andrew Schabo Esq

Main Address

137 E STATE STREET, COLUMBUS, OH, 43215

NTEE Category

Code: B25 - Education

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