Overview
What is Acton School Of Business?
Acton School of Business, located in Austin, Texas, is a distinguished nonprofit organization dedicated to nurturing aspiring entrepreneurs. Its unique approach to education equips individuals with the practical skills needed to establish, manage, and ultimately prosper in a business. Beyond the technical aspects, Acton places significant emphasis on the personal development of the entrepreneur themselves, recognizing this as the vital factor in fostering a successful business. Acton's immersive curriculum has evolved into an online program called "My Next Great Adventure," continuing to prepare future business leaders with integrity and determination. The organization's mission is to empower talented and dedicated students to lead extraordinary lives as principled entrepreneurs through graduate-level education.
Official website here: www.nextgreatadventure.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
Acton School of Business has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and financial metrics. The overall score of 75% reflects the organization's commitment to transparency and governance, with a fully independent board and no material diversion of assets noted. This highlights their strong adherence to ethical standards and responsible financial management.
The organization excels particularly in the areas of board independence and accountability, scoring full points for having a majority of independent board members and a comprehensive conflict of interest policy. Additionally, the low liabilities to assets ratio signifies a sound financial footing, which further strengthens their operational integrity.
Despite these strengths, their program expense ratio of 65.34% suggests that there may be room for improvement in the allocation of resources towards their core programs. This could point to potential challenges in maximizing impact relative to their expenditures, indicating a need for ongoing evaluation of program effectiveness versus costs.
This AI summary has been generated from information found on Charity Navigator.
Is Acton School Of Business legitimate?
Acton School Of Business is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acton School Of Business 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: $0
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Official website here: www.nextgreatadventure.org
What is the mission statement of Acton School Of Business?
Acton School of Business aims to prepare talented and dedicated students for extraordinary lives as principled entrepreneurs through graduate-level education. Its mission is to equip aspiring entrepreneurs with the necessary practical skills for building, running, and eventually harvesting a business. The school places emphasis not only on the skills required to run a business but also on the leader behind those skills, recognizing that their development is crucial in building a thriving enterprise. The Acton approach to preparing tomorrow's business leaders is distinct, focusing on both the practical aspects and the individual behind the skills. Currently, their immersive curriculum has transitioned into an online education program called "My Next Great Adventure."
Official website here: www.nextgreatadventure.org
What is the revenue of Acton School Of Business?
Acton School Of Business's revenue in 2023 was $3,823,480.
Official website here: www.nextgreatadventure.org
Who are the executives of Acton School Of Business and what are their salaries?
The average compensation at Acton School Of Business during 2023 was $69,070. There is 1 employee and 3 volunteers at Acton School Of Business.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.nextgreatadventure.org
Where can I find the form 990 for Acton School Of Business?
Acton School Of Business's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nextgreatadventure.org
Learn more at the official website: www.nextgreatadventure.org
Mission Statement of Acton School Of Business
Acton School of Business, a respected institution, is dedicated to preparing talented and committed students for extraordinary lives as principled entrepreneurs through graduate-level education. Its mission, in essence, revolves around equipping aspiring entrepreneurs with the practical skills necessary to build, operate, and ultimately harvest a successful business. The Acton approach to fostering tomorrow's business leaders is distinctive, focusing not only on the essential skills required to manage a business but also the development of the leader themselves. This leader's growth is considered the most significant factor in the prosperity of a thriving business.
Acton School of Business's curriculum, now transitioned to an online education program called "My Next Great Adventure," stands out for its immersive nature. This innovative approach goes beyond teaching technical skills, recognizing that the entrepreneur themselves is the most critical component of a successful business. By nurturing the individual behind the skills, Acton School of Business aims to nurture the next generation of visionary and principled business leaders.
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Impact
October, 2024
Acton School of Business significantly impacts aspiring entrepreneurs by equipping them with the skills and mindset necessary for success in the competitive landscape of business. The school focuses on a comprehensive approach that combines practical business training with personal development, emphasizing the importance of the leader behind the entrepreneurial skills. This dual focus ensures that graduates are not only adept at managing and growing a business but are also principled leaders who understand the ethical implications of their decisions.
Through its immersive curriculum, Acton prepares students for the realities of starting, running, and eventually harvesting a business. The school's innovative online program, "My Next Great Adventure," broadens access to its unique educational model, making it possible for dedicated individuals to pursue their entrepreneurial dreams from anywhere. By fostering a new generation of principled entrepreneurs, Acton School of Business plays a crucial role in shaping the future of business leadership, ultimately contributing to economic growth and the creation of impactful ventures.
This information is meant to be a general summary of Acton School Of Business. 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: $509,430
- Gross Receipts: $3,823,480
Assets and Liabilities:
- Total Assets: $69,094,255
- Total Liabilities: $27,897
- Net Assets: $69,066,358
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Organization Details
Founding Year
2005
Principal Officer
Jeff D Sandefer
Website
www.nextgreatadventure.orgNTEE Category
Code: B50 - Education
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