Overview
What is Learning Express Academy Inc?
Learning Express Academy Inc, situated in Newark, DE, functions as an elementary or primary school with a dedicated focus on education for children in their formative years. The academy's mission is to provide a nurturing environment that fosters learning and development for these young students. Established in the community, the academy is committed to offering a well-rounded educational experience that caters to the unique needs of elementary-aged children.
Official website here: www.learningexpressschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Learning Express Academy Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 77% based on its Accountability & Finance metrics. This rating indicates that the organization has a solid foundation in financial transparency and governance, with its score derived entirely from this single category.
The nonprofit has performed well in several areas, such as having a fully independent board and a strong financial statement review process. It has shown no material diversion of assets, which is a positive sign for its accountability. However, the absence of a whistleblower policy and a document retention policy has impacted its overall score, leading to some limitations in its governance practices.
On the financial front, while Learning Express Academy Inc has a perfect program expense ratio, the extremely high liabilities to assets ratio suggests potential financial risks that could affect its sustainability. Overall, while the organization demonstrates strengths in accountability, improvements in governance policies are recommended to enhance its rating further.
This AI summary has been generated from information found on Charity Navigator.
Is Learning Express Academy Inc legitimate?
Learning Express Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Learning Express 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: $8,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,738
For more financial information, click here
Official website here: www.learningexpressschool.org
What is the mission statement of Learning Express Academy Inc?
Learning Express Academy, as an elementary or primary school, is committed to providing education for children in their formative years. Its mission is centered around delivering quality education to this age group. Although the specifics of the educational approach or the objectives beyond basic education are not provided in the information, it can be inferred that the academy aims to foster a conducive learning environment and equip children with essential skills for their future academic and personal growth.
Official website here: www.learningexpressschool.org
Who is the CEO of Learning Express Academy Inc?
Jennifer Valentine is the President of Learning Express Academy Inc.
Official website here: www.learningexpressschool.org
What is the revenue of Learning Express Academy Inc?
Learning Express Academy Inc's revenue in 2021 was $631,365.
Official website here: www.learningexpressschool.org
Who are the executives of Learning Express Academy Inc and what are their salaries?
The average compensation at Learning Express Academy Inc during 2021 was $14,780. There are 21 employees at Learning Express Academy Inc.
There is 1 key member and their salary:
- Compensation: $8,650
- Related: $0
- Other: $0
Official website here: www.learningexpressschool.org
Where can I find the form 990 for Learning Express Academy Inc?
Learning Express Academy Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.learningexpressschool.org
Learn more at the official website: www.learningexpressschool.org
Mission Statement of Learning Express Academy Inc
Learning Express Academy, as an elementary or primary school, is committed to providing education for children in their formative years. The institution's mission is centered around this educational focus, aiming to foster learning and development in young minds. This mission is a testament to Learning Express Academy's dedication to shaping the future of its students, laying a solid foundation for their academic journey.
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Impact
July, 2024
Learning Express Academy Inc has a significant impact on the education of elementary-aged students in Newark, DE. By providing a quality educational environment and curriculum, the academy plays a vital role in shaping the academic and personal growth of its students. Through its mission of focusing on elementary education, this school is instrumental in laying the foundation for the future success of its students. The impact of Learning Express Academy Inc reaches beyond the classroom, contributing to the intellectual and social development of the community as a whole.
This information is meant to be a general summary of Learning Express 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 2021.
- Program Service Revenue: $568,006
- Gross Receipts: $631,365
Assets and Liabilities:
- Total Assets: $39,014
- Total Liabilities: $220,920
- Net Assets: -$181,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$568,006
Organization Details
Founding Year
2005
Principal Officer
Jennifer Valentine
Main Address
302 DARLING STREET, NEWARK, DE, 197023775
NTEE Category
Code: B20 - Education
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