Overview
What is Triad Math And Science Academy Company?
Triad Math and Science Academy Company is a North Carolina-based organization devoted to operating public charter schools. With two institutions, Triad Math & Science Academy and Triangle Math & Science Academy, they cater to around 2,089 students in Greensboro. Their mission involves providing quality education through the operation of these schools.
Official website here: www.tmsacharter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Triad Math And Science Academy has achieved a 96% rating from Charity Navigator, indicating strong performance in accountability and finance. The organization boasts a Four-Star rating, reflecting its commitment to transparency and responsible management of its resources. This high score is solely based on a single beacon score, underscoring the organization’s focus on maintaining high standards in financial practices.
The charity's strengths lie in its governance and financial health. It has a fully independent board with eight members, and it consistently complies with best practices in oversight, including the presence of an audit committee and a comprehensive conflict of interest policy. The organization also demonstrates a solid financial position with a liabilities to assets ratio of 0.73% and a program expense ratio of 71.95%, indicating that a significant portion of its budget is directed towards fulfilling its mission.
While the data reflects strong accountability and finance measures, details on programmatic impact and community feedback are not provided. This limitation suggests a need for further information on the effectiveness of their educational initiatives and overall outcomes for the students they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Triad Math And Science Academy Company legitimate?
Triad Math And Science Academy Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triad Math And Science Academy Company 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: $221,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,219,258
For more financial information, click here
Official website here: www.tmsacharter.org
What is the mission statement of Triad Math And Science Academy Company?
Triad Math and Science Academy Company is a non-profit organization dedicated to running public charter schools. Through its educational institutions, it serves around 2,089 students, offering them opportunities for growth and knowledge. The mission of Triad Math and Science Academy Company is to provide quality education, focusing on mathematics and science, in a stimulating and supportive learning environment. The company's schools promote academic excellence and foster students' creativity and critical thinking skills, setting them up for future success. The organization's vision is to inspire and prepare its students for a competitive world by equipping them with essential knowledge and skills. It remains committed to ensuring that every child receives a high-quality education, regardless of their background or circumstances.
Official website here: www.tmsacharter.org
Who is the CEO of Triad Math And Science Academy Company?
Dr Terrence Thomas is the President of Triad Math And Science Academy Company.
Official website here: www.tmsacharter.org
What is the revenue of Triad Math And Science Academy Company?
Triad Math And Science Academy Company's revenue in 2022 was $31,315,517.
Official website here: www.tmsacharter.org
Who are the executives of Triad Math And Science Academy Company and what are their salaries?
The average compensation at Triad Math And Science Academy Company during 2022 was $46,031. There are 292 employees and 7 volunteers at Triad Math And Science Academy Company.
Here are 10 key members and their salaries:
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- Compensation: $104,049
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Official website here: www.tmsacharter.org
Where can I find the form 990 for Triad Math And Science Academy Company?
Triad Math And Science Academy Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tmsacharter.org
Learn more at the official website: www.tmsacharter.org
Mission Statement of Triad Math And Science Academy Company
Triad Math and Science Academy Company, a North Carolina-based organization, is dedicated to the operation of public charter schools. With two schools, Triad Math & Science Academy and Triangle Math & Science Academy, under its wing, the company caters to the educational needs of approximately 2,089 students. Through these institutions, Triad Math and Science Academy Company offers a stimulating learning environment focused on mathematics and science.
Triad Math and Science Academy Company's mission is to deliver quality education to its students, ensuring they acquire a strong foundation in mathematics and science. By providing educational opportunities that go beyond the traditional classroom setting, the organization fosters an environment that encourages curiosity, innovation, and academic growth. With its commitment to excellence, Triad Math and Science Academy Company aims to prepare the next generation of critical thinkers and problem solvers.
Additionally, Triad Math and Science Academy Company's schools prioritize a personalized learning approach, catering to the unique needs of each student. This approach enables students to reach their full potential, fostering not only academic success but also personal growth. The organization's dedication to education extends beyond the classroom, with a focus on creating a supportive and inclusive environment where every student feels valued and encouraged to succeed.
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Impact
August, 2024
Triad Math And Science Academy Company's impact is significant in the field of education, particularly in Greensboro, North Carolina. Through its operation of public charter schools, namely Triad Math & Science Academy and Triangle Math & Science Academy, the organization provides educational opportunities for approximately 2,089 students. By offering quality education to students in the area, Triad Math And Science Academy Company plays a crucial role in shaping the academic future and prospects of these individuals. This impact is direct and tangible, as seen in the number of students benefiting from the educational services provided by the organization.
This information is meant to be a general summary of Triad Math And Science Academy Company. 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: $1,920
- Program Service Revenue: $23,831,884
- Gross Receipts: $31,315,517
Assets and Liabilities:
- Total Assets: $19,619,487
- Total Liabilities: $394,109
- Net Assets: $19,225,378
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE OF NC
Revenue
$15,283,483
COUNTY FUNDS
Revenue
$6,709,551
ADMINISTRATIVE FEES
Revenue
$1,628,301
SCHOOL PROGRAMS & ACTIVITIES
Revenue
$210,549
Organization Details
Founding Year
2007
Phone
(336) 621-0061Principal Officer
Dr Terrence Thomas
Main Address
700 CREEK RIDGE RD, GREENSBORO, NC, 274064802
Website
www.tmsacharter.orgNTEE Category
Code: B29 - Education
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