Overview
What is Ricardo Flores Magon Academy Inc?
Ricardo Flores Magon Academy Inc, located at 5330 Meade Street, Denver, CO 80221, is a nonprofit organization that serves Kindergarten through 8th grade students from various communities in Metro Denver. With a focus on academic excellence, the academy aims to prepare its students for high school success and eventual college graduation. In a challenging yet nurturing environment, students develop solid foundations in core subjects, including mathematics, reading, and writing, serving approximately 245 students during the 2021-2022 academic year. The organization employs a team of 51 dedicated individuals to achieve its mission.
Official website here: www.magonacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Ricardo Flores Magon Academy Inc has received a low score of 56% from Charity Navigator, which translates to a One-Star rating. This rating highlights significant concerns regarding the organization's financial management and operational effectiveness, despite its strengths in governance and accountability practices.
The nonprofit boasts a fully independent board and adheres to ethical policies, including conflict of interest and whistleblower protections, which are indicators of good governance. Additionally, the organization demonstrates strong oversight with its financial statements and transparency by posting relevant documents on its website. However, its program expense ratio of 43.69% and a concerning liabilities to assets ratio of 9.19% indicate potential struggles in effectively utilizing resources towards its mission.
Overall, while the governance structure appears robust, the financial metrics suggest that Ricardo Flores Magon Academy Inc may need to improve its operational efficiency and service delivery. Stakeholders should consider these factors when evaluating the organization's performance and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ricardo Flores Magon Academy Inc?
86% of reviewers on Facebook recommend Ricardo Flores Magon Academy Inc. Here is a summary of their reviews:
Many individuals express strong positive sentiments about their experience at the academy. One former student highlighted the supportive nature of the teachers, emphasizing that they do not give up on their students, which contributes to a nurturing educational environment. Alumni reflect fondly on their time at the school, indicating a lasting impact on their lives.
Overall, the feedback suggests that Ricardo Flores Magon Academy Inc. provides a valuable and supportive learning experience, with dedicated educators who foster student growth and development. This dedication is clearly appreciated by former students, enhancing the academy's reputation.
This AI summary has been generated from reviews found on Facebook.
Is Ricardo Flores Magon Academy Inc legitimate?
Ricardo Flores Magon Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ricardo Flores Magon 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: $99,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,247,612
For more financial information, click here
Official website here: www.magonacademy.org
What is the mission statement of Ricardo Flores Magon Academy Inc?
The Ricardo Flores Magon Academy Inc, serving students from various communities in Metro Denver, is committed to preparing students from Kindergarten to 8th grade for success in high school and beyond. In a rigorous academic environment, the academy focuses on helping students excel in essential subjects, particularly mathematics, reading, and writing, with the aim of preparing them for college graduation. The academy strives to maximize each student's knowledge in these core subjects, benefiting around 245 students annually.
Official website here: www.magonacademy.org
Who is the CEO of Ricardo Flores Magon Academy Inc?
Zachary Dominello is the Member of Ricardo Flores Magon Academy Inc.
Official website here: www.magonacademy.org
What is the revenue of Ricardo Flores Magon Academy Inc?
Ricardo Flores Magon Academy Inc's revenue in 2022 was $5,734,981.
Official website here: www.magonacademy.org
Who are the executives of Ricardo Flores Magon Academy Inc and what are their salaries?
The average compensation at Ricardo Flores Magon Academy Inc during 2022 was $26,405. There are 51 employees and 40 volunteers at Ricardo Flores Magon Academy Inc.
Here are 7 key members and their salaries:
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- Compensation: $41,927
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- Other: $4,030
Official website here: www.magonacademy.org
Where can I find the form 990 for Ricardo Flores Magon Academy Inc?
Ricardo Flores Magon Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magonacademy.org
Learn more at the official website: www.magonacademy.org
Mission Statement of Ricardo Flores Magon Academy Inc
Ricardo Flores Magon Academy Inc, a nonprofit organization, is committed to preparing K through 8th grade students from diverse communities in Metro Denver for a successful transition to high school and beyond. In a challenging yet nurturing learning environment, the academy focuses on equipping its students with a strong foundation in core subjects, specifically mathematics, reading, and writing. The ultimate goal is to enable these young learners to maximize their knowledge and set themselves up for success in college. The academy serves approximately 245 students annually, providing them with the tools and support they need to excel academically and build a promising future.
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Impact
October, 2024
Ricardo Flores Magon Academy Inc significantly enhances the educational landscape for K through 8th grade students in Metro Denver. By providing an academically rigorous environment, the academy prepares students from diverse communities for success in high school and the pursuit of higher education.
In the 2021-2022 school year, the academy benefited approximately 245 students, focusing on mastering core subjects such as math, reading, and writing. This strong foundation not only equips students with essential skills but also fosters a love for learning that can lead to long-term academic success. Through its commitment to educational excellence, Ricardo Flores Magon Academy plays a crucial role in shaping confident, well-prepared students ready to excel in their future academic endeavors.
This information is meant to be a general summary of Ricardo Flores Magon 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 2022.
- Investment Income: $48
- Program Service Revenue: $2,439,273
- Gross Receipts: $5,734,981
Assets and Liabilities:
- Total Assets: $17,107,151
- Total Liabilities: $6,230,012
- Net Assets: $10,877,139
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Per Pupil Revenue
Revenue
$2,325,476
Mill Levy
Revenue
$111,566
Student Fees
Revenue
$2,231
Organization Details
Founding Year
2007
Phone
(303) 412-7610Principal Officer
Zachary Dominello
Main Address
5330 Meade Street, Denver, CO, 80221
Website
www.magonacademy.orgNTEE Category
Code: B24 - Education
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