Overview
What is Multicultural Academy Charter School?
Multicultural Academy Charter School is a publicly funded educational institution located in Philadelphia, Pennsylvania. As a charter high school, it serves students from Grade 9 to 12, offering them a comprehensive education. The school, with a team of 33 dedicated staff members, is committed to providing basic education, fostering an inclusive environment that celebrates diversity. The school's mission is to cater to the educational needs of Philadelphia's youth, contributing to their overall growth and development.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Multicultural Academy Charter School has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization scored 81% in its Accountability & Finance category, reflecting strong governance practices, including having an entirely independent board of directors and comprehensive financial audits. This high score suggests a commitment to transparency and responsible management of resources.
The organization's strengths are highlighted by its low material diversion of assets, ensuring that funds are used appropriately for its educational mission. The program expense ratio of 70.78% demonstrates a significant portion of its budget is directed toward programs rather than administrative costs. Additionally, the presence of various policies, such as conflict of interest and whistleblower protections, underscores a dedication to ethical governance.
However, the organization did not score as well on the liabilities to assets ratio, which indicates potential financial risk. While the overall financial health appears stable, this area may warrant further attention to ensure long-term sustainability. Overall, Multicultural Academy Charter School shows a commitment to accountability, but it may need to address its financial liabilities for improved stability.
This AI summary has been generated from information found on Charity Navigator.
Is Multicultural Academy Charter School legitimate?
Multicultural Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Multicultural Academy Charter School 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: $173,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,827,483
For more financial information, click here
What is the mission statement of Multicultural Academy Charter School?
The Multicultural Academy Charter School, as a public charter institution, is dedicated to providing fundamental education to students from grade 9 through 12. Its mission, in essence, revolves around offering a comprehensive educational experience to young learners within this age bracket. The school serves as a hub for academic growth and development, contributing to the education of students across the city, without specifying a particular location in the response.
Who is the CEO of Multicultural Academy Charter School?
James Higgins is the Ceo of Multicultural Academy Charter School. The CEO's salary of Multicultural Academy Charter School is $166,348 and their total compensation is $194,401.
What is the revenue of Multicultural Academy Charter School?
Multicultural Academy Charter School's revenue in 2022 was $4,679,075.
Who are the executives of Multicultural Academy Charter School and what are their salaries?
The average compensation at Multicultural Academy Charter School during 2022 was $60,632. There are 33 employees at Multicultural Academy Charter School.
Here are 8 key members and their salaries (Multicultural Academy Charter School's CEO's salary is $166,348 and their total compensation is $194,401):
- Compensation: $166,348
- Related: $0
- Other: $28,053
- Compensation: $106,578
- Related: $0
- Other: $15,040
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Multicultural Academy Charter School?
Multicultural Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Multicultural Academy Charter School
The Multicultural Academy Charter School is a public institution committed to offering comprehensive education to students in grades nine through twelve. As its mission statement suggests, this school serves as a vital learning space that aims to equip young individuals with the fundamental knowledge required for their future endeavors. By providing a nurturing environment, the Multicultural Academy Charter School fosters the growth and development of its students, preparing them for success in their academic pursuits and beyond.
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
Multicultural Academy Charter School plays a significant role in providing quality education to high school students in Philadelphia. By offering essential academic programs for grades 9 through 12, it caters to a diverse student population, addressing the unique educational needs of the community. This institution not only focuses on academic excellence but also promotes inclusivity, helping students from various backgrounds to thrive in a supportive environment. Its presence fosters cultural awareness and engagement, preparing students to navigate and contribute positively to an increasingly multicultural society. Through its commitment to education, Multicultural Academy Charter School impacts individual lives and the broader community by empowering the next generation with the knowledge and skills necessary for success.
This information is meant to be a general summary of Multicultural Academy Charter School. 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: $1,434
- Program Service Revenue: $3,742,559
- Gross Receipts: $4,679,075
Assets and Liabilities:
- Total Assets: $7,826,256
- Total Liabilities: $7,823,726
- Net Assets: $2,530
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
Revenue
$15,213
TUITION
Revenue
$3,727,346
Organization Details
Phone
(215) 227-0513Principal Officer
James Higgins
Main Address
3821 N BROAD STREET, PHILADELPHIA, PA, 19140
NTEE Category
Code: B25Z - Education
If you are a representative of Multicultural Academy Charter School 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.