Nevada Virtual Academy

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

EIN: 205837609 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Nevada Virtual Academy?

The Nevada Virtual Academy is a publicly funded charter school, headquartered at 8645 S Eastern Ave STE 100, Las Vegas, NV 89123. With a team of 134 employees, this nonprofit organization provides a comprehensive curriculum from K12 for Nevada students in 6th to 12th grade. Leveraging the Stride/K12 curriculum, the academy ensures high-quality instruction by Nevada-licensed teachers. The mission of the Nevada Virtual Academy is to foster academic success and prepare every student for college and career readiness. By offering a free public education, this exceptional institution strives to promote student achievement daily.


Official website here: www.nvva.k12.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Stars)

Nevada Virtual Academy has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is derived entirely from the Accountability & Finance beacon, where they achieved an impressive score of 85%. This rating reflects a strong commitment to transparency and governance, as indicated by their perfect scores in areas such as independent board members, financial oversight, and the presence of essential policies.

The organization demonstrates significant strengths, particularly in its governance structure, with a 100% independent board and comprehensive financial management practices. Their high program expense ratio of 85.15% highlights effective resource allocation towards their educational programs, which is a positive indicator of their operational efficiency and mission alignment.

However, a notable limitation is the liabilities to assets ratio of 138.12%, which suggests that the organization may have more liabilities than assets. This could be a concern for long-term financial sustainability, warranting attention from stakeholders. Despite this, the overall accountability and finance practices contribute to a favorable assessment of the organization.


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

Is Nevada Virtual Academy legitimate?

Nevada Virtual Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nevada Virtual Academy 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: $6,002,594

For more financial information, click here


Official website here: www.nvva.k12.com

What is the mission statement of Nevada Virtual Academy?

Nevada Virtual Academy is a free public charter school that caters to Nevada students in grades 6 through 12. Utilizing the Stride/K12 curriculum, it provides an exceptional education to prepare every student for college and career readiness. The mission of the academy is to promote student achievement, focusing on readying each student for higher education and future careers daily. As a publicly funded charter school, Nevada Virtual Academy offers a complete curriculum from K12, along with highly qualified teachers licensed in Nevada, ensuring a successful educational experience for every student.


Official website here: www.nvva.k12.com

Who is the CEO of Nevada Virtual Academy?

Mrs Samantha Morris is the President of Nevada Virtual Academy.


Official website here: www.nvva.k12.com

What is the revenue of Nevada Virtual Academy?

Nevada Virtual Academy's revenue in 2022 was $18,372,416.


Official website here: www.nvva.k12.com

Who are the executives of Nevada Virtual Academy and what are their salaries?

The average compensation at Nevada Virtual Academy during 2022 was $44,795. There are 134 employees at Nevada Virtual Academy.


Here are 5 key members and their salaries:


Mrs Samantha Morris (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Shannon Barry (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Shannon Dangl (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Glen Curry (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jordan Sommaggio (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nvva.k12.com

Where can I find the form 990 for Nevada Virtual Academy?

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


Official website here: www.nvva.k12.com

Learn more at the official website: www.nvva.k12.com

Mission Statement of Nevada Virtual Academy

Nevada Virtual Academy, a publicly funded charter school, strives to provide exceptional education to Nevada students in grades 6 through 12. With the support of the Stride/K12 curriculum, this innovative institution aims to prepare each student for college and career readiness every day. By offering a complete curriculum and Nevada-licensed teacher instruction in every course, the academy equips students with the tools they need for a successful educational experience.

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Impact




October, 2024

Nevada Virtual Academy significantly impacts education for students in grades 6 through 12 by providing a free public charter school option that combines the STRIDE/K12 curriculum with highly qualified Nevada-licensed teacher instruction. This model enhances student achievement by focusing on college and career readiness, equipping students with the skills necessary for future success.

The academy offers a comprehensive educational experience that includes a complete curriculum tailored to meet the diverse needs of its students. In addition to academic rigor, the school's commitment to personalized learning environments fosters engagement and motivation among students, setting them on a path towards achieving their goals. By making quality education accessible, Nevada Virtual Academy plays a vital role in empowering students and transforming educational outcomes in the region.




This information is meant to be a general summary of Nevada Virtual Academy. 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
$18,372,416 (2022)
Expenses
$16,783,857 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $22,336
  • Gross Receipts: $18,372,416

Assets and Liabilities:

  • Total Assets: $12,366,306
  • Total Liabilities: $19,066,646
  • Net Assets: -$6,700,340

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$22,336

Organization Details

Founding Year

2019

Principal Officer

Mrs Samantha Morris

Main Address

8645 S EASTERN AVE STE 100, LAS VEGAS, NV, 89123

NTEE Category

Code: B29 - Education

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