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Crossroads Academy Inc

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

EIN: 203299844 ✦ Ocala, FL ✦ Designated as a 501(c)(3)

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Overview

What is Crossroads Academy Inc?

Crossroads Academy Inc, located in Ocala, Florida, is a nonprofit organization dedicated to assisting 120 students with reading disabilities or disorders. They offer specialized education in a small classroom setting, aiming to prepare these students for a smooth transition back into regular public or private schools. With a team of 29 dedicated individuals, Crossroads Academy Inc strives to provide a supportive learning environment that empowers students to overcome their reading challenges and thrive academically.


Official website here: www.crossroadsacademyocala.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58%, One-Star out of Four Stars

Crossroads Academy Inc has received a low rating of 58% from Charity Navigator, indicating significant concerns regarding its accountability and financial management practices. The organization scored poorly in areas such as independent board membership, financial statement transparency, and governance policies, which suggests a lack of oversight that could impact its operational integrity.

Despite its strengths in material asset control and program expense ratio, where it excels with an 84.59% allocation towards programs, the deficiencies in governance and financial disclosure raise red flags for potential donors and stakeholders. The absence of a whistleblower policy and ineffective document retention practices further contribute to the overall concerns regarding transparency and accountability.

Overall, while Crossroads Academy Inc demonstrates a clear commitment to its programs through high expenditure ratios, the organization's governance structure and financial practices require substantial improvement to foster trust and confidence among supporters and the community it serves.


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

Is Crossroads Academy Inc legitimate?

Crossroads Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossroads 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: $112,119
Professional Fundraising Fees: $0
Other Salaries and Wages: $654,509

For more financial information, click here


Official website here: www.crossroadsacademyocala.com

What is the mission statement of Crossroads Academy Inc?

Crossroads Academy Inc is committed to providing specialized education to 120 students struggling with reading disabilities or disorders. This is accomplished in a small classroom setting, aiming to prepare these students for a smooth transition back into regular public or private schools. The academy's mission is centered around equipping these students with the necessary skills and confidence to succeed in a larger educational setting. The academy's approach focuses on personalized learning and creating an environment conducive to their growth and development.


Official website here: www.crossroadsacademyocala.com

Who is the CEO of Crossroads Academy Inc?

Michael Graff is the President of Crossroads Academy Inc.


Official website here: www.crossroadsacademyocala.com

What is the revenue of Crossroads Academy Inc?

Crossroads Academy Inc's revenue in 2022 was $1,292,790.


Official website here: www.crossroadsacademyocala.com

Who are the executives of Crossroads Academy Inc and what are their salaries?

The average compensation at Crossroads Academy Inc during 2022 was $26,435. There are 29 employees at Crossroads Academy Inc.


Here are 5 key members and their salaries:


Mary Beth Anderson (Director/ Pr)
  • Compensation: $60,269
  • Related: $0
  • Other: $572
Colleen Webber (Secretary)
  • Compensation: $42,915
  • Related: $0
  • Other: $491
Michael Graff (President)
  • Compensation: $5,335
  • Related: $0
  • Other: $0
Michelle Demeza (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Leidall (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.crossroadsacademyocala.com

Where can I find the form 990 for Crossroads Academy Inc?

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


Official website here: www.crossroadsacademyocala.com

Learn more at the official website: www.crossroadsacademyocala.com

Mission Statement of Crossroads Academy Inc

Crossroads Academy Inc, a nonprofit organization, is committed to providing specialized education to 120 students struggling with reading disabilities or disorders. The academy operates in a small classroom setting, ensuring each student receives individualized attention. The mission of Crossroads Academy Inc is to prepare these students, equipping them with the necessary skills, so they can confidently return to regular public or private schools. By offering a tailored educational approach, the academy aims to empower these students and help them overcome their learning challenges.

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Impact




October, 2024

Crossroads Academy Inc. significantly impacts the lives of 120 students with reading disabilities and disorders by providing specialized schooling in a small classroom setting. This tailored educational environment caters to individual learning needs, fostering both academic skills and personal growth. Students receive focused instruction that not only helps them overcome their specific challenges but also prepares them to reintegrate into regular public and private schools. By empowering these students with the tools they need to succeed, Crossroads Academy enhances their educational journey and builds a foundation for future learning and confidence.




This information is meant to be a general summary of Crossroads 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.

Revenue
$1,292,790 (2022)
Expenses
$1,077,948 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4
  • Program Service Revenue: $987,127
  • Gross Receipts: $1,292,790

Assets and Liabilities:

  • Total Assets: $354,835
  • Total Liabilities: $38,851
  • Net Assets: $315,984

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Programs

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

PROGRAM SERVICES

Revenue

$962,140

AFTER SCHOOL CARE

Revenue

$21,256

REFUNDS

Revenue

$1,447

YEARBOOK INCOME

Revenue

$1,240

SCHOOL LUNCHES

Revenue

$759

Organization Details

Founding Year

2005

Principal Officer

Michael Graff

Main Address

3681 NE 7TH STREET, OCALA, FL, 34471

NTEE Category

Code: B20 - Education

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