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Thomas Heyward 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: 237075014 ✦ Ridgeland, SC ✦ Designated as a 501(c)(3)

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Overview

What is Thomas Heyward Academy Inc?

Thomas Heyward Academy Inc is a nonprofit institution situated in an unspecified location. Its primary focus is on educating around 295 students spanning grades K-3 to 12. This educational organization is committed to catering to the diverse needs of its student body, offering various programs tailored to their requirements. The academy's mission is to offer a wide range of educational opportunities for students within this age bracket.

What are the reviews and ratings of this charity?

Charity Navigator Rating 67% - Two-Star out of Four Star Rating

Thomas Heyward Academy Inc has received a Two-Star rating from Charity Navigator, reflecting a moderate score of 67%. This rating is based solely on Accountability & Finance metrics, indicating that while the organization performs well in some areas, there are significant gaps in its financial transparency and governance policies.

The organization boasts a strong independent board, with all members being independent, which aligns with good governance practices. It also has a favorable program expense ratio of 82.28%, suggesting that a significant portion of its expenses is directed towards its programs rather than administrative costs. However, the lack of financial statements and crucial governance policies, such as conflict of interest and whistleblower policies, raises concerns about transparency and accountability.

Overall, while Thomas Heyward Academy Inc shows strength in certain areas like board independence and effective program spending, the absence of essential financial documents and policies limits its overall accountability. This is an important consideration for potential donors and stakeholders assessing the organization's reliability and governance practices.


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

Is Thomas Heyward Academy Inc legitimate?

Thomas Heyward Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas Heyward 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: $83,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,111,687

For more financial information, click here

What is the mission statement of Thomas Heyward Academy Inc?

Thomas Heyward Academy Inc, catering to students from kindergarten to high school, is committed to offering educational opportunities for children within this age range. The academy recognizes the diversity among its student body and provides various programs to cater to their unique needs. In essence, its mission is to foster a conducive learning environment, enabling children to grow and develop educationally.

What is the revenue of Thomas Heyward Academy Inc?

Thomas Heyward Academy Inc's revenue in 2024 was $2,073,649.

Who are the executives of Thomas Heyward Academy Inc and what are their salaries?

The average compensation at Thomas Heyward Academy Inc during 2024 was $19,917. There are 60 employees and 10 volunteers at Thomas Heyward Academy Inc.

Here are 10 key members and their salaries:


Libby Malphrus (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Bennett (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Palazzo (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Stanley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery Mingledorff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colby Crosby (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lena Thomas (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Breton (Pto Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Taylor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Gibson Iii (Headmaster)
  • Compensation: $83,333
  • Related: $0
  • Other: $0
Where can I find the form 990 for Thomas Heyward Academy Inc?

Thomas Heyward Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Thomas Heyward Academy Inc

Thomas Heyward Academy, a nonprofit organization, is committed to the education of students across grades K4 to 12. Its mission is to offer a wide range of educational opportunities to cater to the diverse needs of its student body, numbering approximately 295 individuals. The academy takes pride in its mission to provide an educational environment that nurtures and supports the growth of its pupils within this age bracket.

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Impact




October, 2024

Thomas Heyward Academy Inc significantly impacts its community by providing quality education for approximately 295 students in grades K-12. Located in Ridgeland, SC, the academy focuses on offering diverse programs tailored to meet the varied needs of its student body. This commitment to educational excellence not only supports individual academic growth but also fosters a supportive environment that promotes personal development and social responsibility among students. By equipping young learners with essential skills and knowledge, Thomas Heyward Academy plays a vital role in shaping future leaders and contributing to the overall well-being of the community.




This information is meant to be a general summary of Thomas Heyward 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
$2,073,649 (2024)
Expenses
$2,050,070 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $3,865
  • Program Service Revenue: $1,888,399
  • Gross Receipts: $2,073,649

Assets and Liabilities:

  • Total Assets: $2,165,381
  • Total Liabilities: $227,051
  • Net Assets: $1,938,330

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Programs

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

TUITION & TESTING

Revenue

$1,735,055

START UP FEES

Revenue

$82,061

ATHLETICS

Revenue

$55,154

ANCILLARY FEES

Revenue

$16,129

Organization Details

Founding Year

1970

Principal Officer

Nathan Polk

NTEE Category

Code: B24Z - Education

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