Overview
What is Central Academy Of Ohio?
Central Academy of Ohio is a nonprofit institution located at 2727 Kenwood Blvd, Toledo, Ohio 43606. Their primary mission is to foster lifelong learning by nurturing academic excellence, positive character, and cultural appreciation. They offer tuition-free public elementary education to approximately 81 students from kindergarten to sixth grade. This academy aims to create a conducive environment that encourages learning and respect for diverse cultures.
Official website here: www.centralohio.geeacademies.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% - One-Star out of Four Stars
Central Academy of Ohio holds a low rating of 54%, reflecting significant areas of concern in its accountability and financial practices. The organization demonstrates strengths in having a fully independent board and a solid program expense ratio, indicating that all reported expenses are directed towards its programs. However, the lack of financial statements and critical policies such as conflict of interest and whistleblower protections raises serious transparency issues.
The nonprofit's liability to assets ratio is concerningly high at 419.48%, suggesting potential financial instability that could impact its long-term viability. While the organization does have documented board meeting minutes, the absence of vital documents on its website and a failure to adhere to best practices in governance are notable weaknesses. These factors contribute to the overall low score and highlight the need for improved financial transparency and organizational policies.
In summary, while Central Academy of Ohio shows commitment in specific areas, the overall lack of accountability and financial clarity is a significant drawback. Prospective donors and supporters should be aware of these limitations and consider the organization's governance practices before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Central Academy Of Ohio legitimate?
Central Academy Of Ohio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Academy Of Ohio 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: $0
For more financial information, click here
Official website here: www.centralohio.geeacademies.net
What is the mission statement of Central Academy Of Ohio?
The Central Academy of Ohio is committed to fostering lifelong learning by nurturing academic excellence, promoting positive character development, and cultivating an appreciation for various cultures. This mission is carried out by providing tuition-free public elementary education to approximately 81 students from kindergarten through sixth grade. The academy's curriculum emphasizes not just academic growth, but also instills values and encourages understanding of diverse cultures, aiming to prepare students for a lifelong journey of learning.
Official website here: www.centralohio.geeacademies.net
Who is the CEO of Central Academy Of Ohio?
Musa Abdel Khaleq is the Member of Central Academy Of Ohio.
Official website here: www.centralohio.geeacademies.net
What is the revenue of Central Academy Of Ohio?
Central Academy Of Ohio's revenue in 2022 was $1,901,932.
Official website here: www.centralohio.geeacademies.net
Who are the executives of Central Academy Of Ohio and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.centralohio.geeacademies.net
Where can I find the form 990 for Central Academy Of Ohio?
Central Academy Of Ohio's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centralohio.geeacademies.net
Learn more at the official website: www.centralohio.geeacademies.net
Mission Statement of Central Academy Of Ohio
Central Academy of Ohio, a nonprofit institution, is committed to fostering lifelong learning by nurturing academic excellence, positive character, and an appreciation for various cultures. The organization's primary objective is to provide a conducive environment where students can develop intellectually, morally, and culturally. This is achieved through offering tuition-free public elementary education to approximately 81 students from kindergarten to sixth grade. The academy's curriculum and activities are designed to instill a love for learning, cultivate good character, and promote an understanding and respect for diverse cultures.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Central Academy of Ohio has made a significant impact in Toledo by providing tuition-free public elementary education to approximately 81 students from kindergarten through sixth grade. The academy focuses on promoting lifelong learning by nurturing academic excellence, fostering positive character development, and instilling an appreciation of diverse cultures. This holistic approach not only enhances the students' educational experience but also prepares them to be well-rounded individuals in an increasingly multicultural society. By catering to the unique needs of its students, Central Academy of Ohio plays a vital role in shaping the future of its community through education.
This information is meant to be a general summary of Central Academy Of Ohio. 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.
- Program Service Revenue: $32,660
- Gross Receipts: $1,901,932
Assets and Liabilities:
- Total Assets: $604,505
- Total Liabilities: $3,427,087
- Net Assets: -$2,822,582
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER OPERATING REVENUES
Revenue
$32,660
Organization Details
Founding Year
2007
Principal Officer
Musa Abdel Khaleq
Main Address
2727 KENWOOD BLVD, TOLEDO, OH, 436063216
NTEE Category
Code: B29 - Education
If you are a representative of Central Academy Of Ohio and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.