Overview
What is Episcopal Academy?
The Episcopal Academy, located in Newtown Square, Pennsylvania, is an independent day school catering to students from pre-kindergarten through twelfth grade. With a student body of 1,290, the school's curriculum is college preparatory. The Episcopal Academy places significant emphasis on community service, reflecting its mission. The school values diversity, granting approximately $8.9 million in need-based financial aid each year to around 23% of its students, making up roughly 68% of the average tuition. The Episcopal Academy boasts a workforce of 513 employees, dedicated to challenging and nurturing students' minds, bodies, and spirits, inspiring them to lead purposeful lives.
Official website here: www.episcopalacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Episcopal Academy has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With a perfect score in the Accountability & Finance category, this nonprofit demonstrates a high level of transparency and sound financial management. The 96% rating is a testament to its effective governance practices, including an entirely independent board of directors.
The organization scores full points in several key areas, such as having an independent board and maintaining financial oversight through an audit committee. Additionally, it has a robust conflict of interest policy, a whistleblower policy, and transparent documentation practices, indicating a strong ethical foundation. The low liabilities to assets ratio and high program expense ratio suggest that Episcopal Academy is efficiently using its resources to fulfill its mission.
While the financial health indicators are strong, the focus on accountability and finance means that other aspects, like programmatic impact or user feedback, are not highlighted in the rating. This could leave potential donors or stakeholders wanting more information about the effectiveness of the programs offered by the organization. Overall, Episcopal Academy stands out in financial stewardship, positioning itself as a responsible choice for donors looking to support a nonprofit with strong governance practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Episcopal Academy?
88% of 206 reviewers on Facebook recommend Episcopal Academy. Here is a summary of their reviews:
Many reviewers highlight the attractive campus and impressive athletic facilities, emphasizing the school's commitment to providing a conducive learning environment. The aesthetic appeal of the grounds contributes positively to the overall experience for both students and their families.
Overall, there is a favorable sentiment towards the institution, with many praising its physical attributes and amenities. The recommendation rate suggests that a significant majority of the community appreciates what Episcopal Academy has to offer.
This AI summary has been generated from reviews found on Facebook.
Is Episcopal Academy legitimate?
Episcopal Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Episcopal 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: $1,079,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,505,627
For more financial information, click here
Official website here: www.episcopalacademy.org
What is the mission statement of Episcopal Academy?
The Episcopal Academy is a co-educational independent day school catering to students from grades Pre-K through twelve. Its mission is to foster intellectual, physical, and spiritual growth in students, inspiring them to lead purposeful lives with faith and integrity. The academy places great emphasis on community service and values diversity, awarding need-based financial aid to approximately 23% of its student population, enabling them to attend despite economic circumstances. The academy's curriculum is college preparatory, enrolling a student body of 1,290. Despite not providing specific figures, the academy grants significant financial aid, averaging approximately 68% of the average tuition per student.
Official website here: www.episcopalacademy.org
Who is the CEO of Episcopal Academy?
Dr Thomas J Locke is the Head Of School of Episcopal Academy.
Official website here: www.episcopalacademy.org
What is the revenue of Episcopal Academy?
Episcopal Academy's revenue in 2022 was $65,492,381.
Official website here: www.episcopalacademy.org
Who are the executives of Episcopal Academy and what are their salaries?
The average compensation at Episcopal Academy during 2022 was $49,873. There are 513 employees and 149 volunteers at Episcopal Academy.
Here are 32 key members and their salaries:
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Official website here: www.episcopalacademy.org
Where can I find the form 990 for Episcopal Academy?
Episcopal Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.episcopalacademy.org
Learn more at the official website: www.episcopalacademy.org
Mission Statement of Episcopal Academy
The Episcopal Academy, a co-educational independent day school, is dedicated to challenging and nurturing the mind, body, and spirit of boys and girls, inspiring them to lead lives of purpose, faith, and integrity. The academy offers a college-preparatory curriculum, catering to students from grades Pre-K through twelve. With an enrollment of 1,290 students, The Episcopal Academy strongly values diversity and grants approximately $8.9 million in need-based financial aid each year to make the education accessible to a significant portion of its student body. Around 23% of the student population receive financial aid, with an average award equating to roughly 68% of the average tuition. The institution's commitment to diversity extends beyond racial and economic differences, creating an inclusive environment for all students.
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Impact
October, 2024
Episcopal Academy plays a significant role in shaping the educational landscape in Newtown Square, Pennsylvania, and beyond. As a co-educational independent day school, it serves students from Pre-K through 12th grade, providing a college preparatory curriculum that emphasizes academic excellence and personal growth.
With an enrollment of approximately 1,290 students, the Academy fosters an inclusive environment that values diversity across multiple dimensions, including racial and economic backgrounds. To support this commitment to diversity, the school allocates about $8.9 million annually in need-based financial aid, with around 23% of students receiving assistance. This financial support enables a wider range of families to access quality education, ensuring that students can thrive regardless of their economic circumstances.
The school’s mission to challenge and nurture the mind, body, and spirit inspires students to lead lives grounded in purpose, faith, and integrity. Episcopal Academy participates actively in community service, reinforcing its values and encouraging students to engage with the world around them. Through these initiatives, the Academy not only prepares students for future academic endeavors but also instills a sense of responsibility and commitment to service, significantly impacting the community and the lives of its students.
This information is meant to be a general summary of Episcopal 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $196,222
- Program Service Revenue: $46,296,624
- Gross Receipts: $72,375,230
Assets and Liabilities:
- Total Assets: $285,908,230
- Total Liabilities: $23,861,011
- Net Assets: $262,047,219
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$44,431,088
AUXILIARY ATHLETIC PROGRAMS
Revenue
$1,695,928
OUTSOURCED SUMMER CAMP PROGRAMS
Revenue
$80,728
DEPOSIT/APPLICATIONS
Revenue
$62,491
SCHOLARSHIP INCOME
Revenue
$15,000
Organization Details
Founding Year
1785
Phone
(484) 424-1420Principal Officer
Dr Thomas J Locke
Main Address
1785 BISHOP WHITE DRIVE, NEWTOWN SQUARE, PA, 19073
Website
www.episcopalacademy.orgNTEE Category
Code: B200 - Education
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