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The Naudain 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: 222264514 ✦ Voorhees, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Naudain Academy Inc?

The Naudain Academy Inc, situated in Voorhees, New Jersey, is a nonprofit organization primarily focused on operating a preschool. To sustain its exempt status, it collects fees as its primary source of funding. The academy's mission revolves around providing an educational environment for young children, serving as a crucial part of its community.


Official website here: www.naudain.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (54%)

The Naudain Academy Inc has received a low rating of 54% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members and has not provided essential financial statements, which are crucial for transparency. Furthermore, the absence of a conflict of interest policy, whistleblower policy, and document retention policy raises red flags about governance practices within the organization.

On a positive note, the Naudain Academy has a perfect program expense ratio, indicating that all of its expenses are directed toward its programs. Additionally, the organization has reported no material diversion of assets, which suggests that it has not misused any funds. However, while it appears to effectively utilize its funds for its intended purpose, the lack of oversight mechanisms diminishes trust in its overall operations.

Overall, while the Naudain Academy Inc demonstrates commitment to its mission through program spending, the absence of key governance policies and independent board oversight presents notable limitations that potential donors and stakeholders should consider carefully.


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

Is The Naudain Academy Inc legitimate?

The Naudain Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Naudain 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: $135,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $710,751

For more financial information, click here


Official website here: www.naudain.com

What is the mission statement of The Naudain Academy Inc?

The Naudain Academy Inc's mission revolves around collecting fees to support its exempt status, enabling it to operate a preschool. This organization primarily focuses on running a preschool program, serving as its primary endeavor. The academy's purpose is to utilize these funds to maintain its exempt status and provide educational services to young children.


Official website here: www.naudain.com

Who is the CEO of The Naudain Academy Inc?

Leddy Naudain is the Director of The Naudain Academy Inc.


Official website here: www.naudain.com

What is the revenue of The Naudain Academy Inc?

The Naudain Academy Inc's revenue in 2023 was $1,610,872.


Official website here: www.naudain.com

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

The average compensation at The Naudain Academy Inc during 2023 was $24,176. There are 35 employees and 10 volunteers at The Naudain Academy Inc.


Here are 2 key members and their salaries:


Leddy Naudain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Naudain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.naudain.com

Where can I find the form 990 for The Naudain Academy Inc?

The Naudain Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.naudain.com

Learn more at the official website: www.naudain.com

Mission Statement of The Naudain Academy Inc

The Naudain Academy, as a nonprofit organization, dedicates its mission primarily towards the collection of fees. This financial gathering serves a pivotal purpose, providing the necessary funds to uphold its exempt status. With this exempt status, The Naudain Academy is able to operate a preschool program, which it executes as its primary undertaking. By providing a preschool, the academy contributes to the early educational development of children, laying a foundation for their future learning experiences. The operation of the preschool is a testament to the organization's commitment to serving its community, albeit with a focus on financial sustainability.

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Impact




October, 2024

The Naudain Academy Inc. significantly contributes to the educational landscape by operating a preschool in Voorhees, NJ. Its primary focus is on providing quality early childhood education, fostering a nurturing environment where young children can learn and grow. By collecting fees, the academy ensures the sustainability of its programs, which are designed to promote foundational skills in literacy, numeracy, and social development. The academy's efforts not only enhance individual learning experiences but also support families in the community by offering reliable educational resources for their children. Overall, The Naudain Academy plays a vital role in shaping early education in the region, emphasizing the importance of a strong educational foundation during formative years.




This information is meant to be a general summary of The Naudain 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
$1,610,872 (2023)
Expenses
$1,428,928 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,593,640
  • Gross Receipts: $1,610,872

Assets and Liabilities:

  • Total Assets: $906,134
  • Total Liabilities: $0
  • Net Assets: $906,134

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Programs

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

TUITION REVENUE

Revenue

$1,587,121

ACTIVITY FEES

Revenue

$6,519

Organization Details

Founding Year

1980

Principal Officer

Leddy Naudain

Main Address

6 SCHOOL LANE, VOORHEES, NJ, 08043

NTEE Category

Code: B120 - Education

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