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Monticello 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: 204303874 ✦ West valley city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Monticello Academy Inc?

Monticello Academy Inc, located in West Valley City, Utah, is a nonprofit organization dedicated to operating a public charter school for students from kindergarten to eighth grade. Their mission is to provide a superior education, prioritizing academic achievement and college preparation while fostering traditional American values and strong moral character. They encourage parental involvement in their children's education and emphasize the importance of arts, music, and physical education in the curriculum. Monticello Academy leverages state-of-the-art technology to enhance instruction and learning, aiming to develop knowledge, motivation, confidence, skills, and a lifelong love of learning in their students. The organization currently employs 149 individuals.


Official website here: www.monticelloacademy.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Monticello Academy Inc has received a commendable Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is exclusively derived from its Accountability & Finance metrics, which indicate a strong commitment to financial health and transparency. The organization has successfully implemented key governance practices, such as having an independent board with 80% of its members being independent, which enhances its credibility in managing resources effectively.

The nonprofit excels in various aspects of accountability, boasting a perfect score in areas such as audit oversight, conflict of interest policies, and document retention practices. With a program expense ratio of 87.67%, it demonstrates a robust commitment to allocating funds directly toward its mission-driven activities. This indicates that a significant portion of the resources is being used effectively for the cause it supports.

While the overall performance is strong, the data also highlights the compensation of key personnel, with the Executive Director's salary noted at $150,931. This information may raise questions among donors regarding executive compensation relative to the organization's budget and impact. Overall, Monticello Academy Inc appears to maintain a solid foundation in governance and finance, although transparency around salaries could be an area for further exploration by stakeholders.


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

Is Monticello Academy Inc legitimate?

Monticello Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monticello 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: $128,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,607,088

For more financial information, click here


Official website here: www.monticelloacademy.net

What is the mission statement of Monticello Academy Inc?

Monticello Academy Inc's mission is centered around providing an exceptional education for students in kindergarten through ninth grade. This is achieved through several key strategies. Firstly, the academy places a significant emphasis on academic achievement and college preparation. Secondly, it fosters traditional American values such as hard work and strong moral character. Thirdly, it encourages parents to reclaim their rights and responsibilities in influencing their children's education. Fourthly, it aims to reintegrate strong components of art, music, and physical education into the curriculum. Fifthly, it utilizes advanced technology to enhance instruction and learning. Lastly, the academy seeks to assist students in gaining knowledge, motivation, confidence, skills, and a lifelong love of learning.


Official website here: www.monticelloacademy.net

Who is the CEO of Monticello Academy Inc?

Joel Coleman is the Executive Di of Monticello Academy Inc.


Official website here: www.monticelloacademy.net

What is the revenue of Monticello Academy Inc?

Monticello Academy Inc's revenue in 2022 was $10,995,188.


Official website here: www.monticelloacademy.net

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

The average compensation at Monticello Academy Inc during 2022 was $31,780. There are 149 employees and 650 volunteers at Monticello Academy Inc.


Here are 6 key members and their salaries:


Dane Roberts (Executive Di)
  • Compensation: $128,061
  • Related: $0
  • Other: $31,685
Joel Coleman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Coleman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emilie Gibson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martell Winters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Free Wright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.monticelloacademy.net

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

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


Official website here: www.monticelloacademy.net

Learn more at the official website: www.monticelloacademy.net

Mission Statement of Monticello Academy Inc

Monticello Academy Inc, a nonprofit organization, is dedicated to providing a superior education for students between Kindergarten and ninth grade. The mission of this institution is multifaceted, aiming to prioritize academic achievement and college preparation, instill traditional American values such as hard work and strong moral character, and encourage parental involvement in their children's education. Monticello Academy Inc also seeks to reintegrate essential components like art, music, and physical education into the school curriculum.

Furthermore, the institution employs state-of-the-art technology to enhance instruction and learning, aiming to equip students with the necessary knowledge, motivation, confidence, skills, and a lifelong love of learning. By fostering these attributes, Monticello Academy Inc strives to nurture well-rounded individuals who are prepared for future academic pursuits and life beyond the classroom. The organization's mission is a testament to its commitment to providing an exceptional educational experience that goes beyond traditional classroom settings.

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Impact




October, 2024

Monticello Academy Inc significantly impacts the educational landscape for K-9 students in West Valley City, Utah. By prioritizing academic achievement and college preparation, the institution emphasizes rigorous learning standards that prepare students for future academic pursuits. The commitment to instilling traditional American values of hard work and strong moral character cultivates a foundational sense of responsibility and integrity among students.

Moreover, Monticello Academy champions parental involvement, empowering families to engage in and influence their children's educational journeys actively. This partnership fosters a supportive learning environment that acknowledges the important role parents play.

The school's curriculum is revitalized with a robust emphasis on arts, music, and physical education, recognizing that a well-rounded education contributes significantly to student development. By incorporating state-of-the-art technology, Monticello Academy enhances instruction and learning experiences, ensuring students are equipped with the tools necessary for success in a modern world.

Ultimately, Monticello Academy Inc is dedicated to nurturing knowledge, motivation, confidence, skills, and a lifelong love of learning in its students, setting a strong foundation for their future endeavors.




This information is meant to be a general summary of Monticello 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
$10,995,188 (2022)
Expenses
$9,350,553 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,168
  • Program Service Revenue: $53,965
  • Gross Receipts: $10,995,188

Assets and Liabilities:

  • Total Assets: $19,391,923
  • Total Liabilities: $18,559,740
  • Net Assets: $832,183

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Programs

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

SCHOOL ACTIVITIES AND FEES

Revenue

$44,576

SCHOOL LUNCH

Revenue

$9,389

Organization Details

Founding Year

2006

Principal Officer

Joel Coleman

Main Address

2782 SOUTH CORPORATE PARK DRIVE, WEST VALLEY CITY, UT, 84120

NTEE Category

Code: B29 - Education

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