The Principled 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: 237291698 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Principled Academy Inc?

The Principled Academy Inc, based in Berkeley, California, is a dedicated nonprofit organization that nurtures a diverse group of 120 students from preschool to 8th grade. Established in a garage, its primary focus is on fostering character education, social and emotional learning, and academic excellence. The small class sizes and experienced teachers allow for individual attention, creating an environment where students thrive. The early childhood classes are undergoing multi-year accreditation with the National Association for the Education of Young Children. The academy encourages students to value and engage with individuals from various backgrounds, promoting world peace in a manageable setting. The Principled Academy's mission is to create a safe and nurturing learning environment in collaboration with parents and teachers, helping students achieve both academic and moral excellence. Monthly character education lessons and community service projects further emphasize the organization's commitment to fostering good values in its students. Alumni have gone on to prestigious universities and have returned to the academy to contribute to its growth. The Principled Academy also sponsors both Boy Scouts and Girl Scouts, demonstrating its dedication to holistic development.


Official website here: www.valuesandvirtues.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating.

The Principled Academy Inc has achieved a commendable 90% score from Charity Navigator, indicating strong performance in accountability and finance. The rating is primarily based on a single beacon score, highlighting the organization's focus on financial health and governance practices. The charity's board is predominantly independent, with 57% of its members meeting this criterion, which is a positive indicator of its governance structure.

Strengths include a high program expense ratio of 97.03%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. The organization also demonstrates good practices in areas such as material diversion of assets, financial liabilities, and having documented board meeting minutes. However, it is noted that the charity lacks a whistleblower policy, which may reflect a gap in its governance practices that could be addressed to enhance transparency and accountability further.

Overall, The Principled Academy Inc shows a solid commitment to financial responsibility and effective program implementation. While the absence of a whistleblower policy is a limitation, the charity’s strong performance in other areas indicates a generally robust organizational framework.


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

Is The Principled Academy Inc legitimate?

The Principled Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Principled 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,370

For more financial information, click here


Official website here: www.valuesandvirtues.org

What is the mission statement of The Principled Academy Inc?

The Principled Academy Inc's mission is centered around creating a safe and nurturing learning environment for students from preschool to 8th grade. This is achieved through a collaborative partnership between parents and teachers. The goal is to help students excel academically and morally, fostering a sense of community and understanding among students from diverse backgrounds. The academy emphasizes character education, social and emotional learning, and academic excellence. Small class sizes and experienced teachers ensure individual attention and support, thereby aiding in the students' academic growth. The academy encourages community service projects to instill a sense of responsibility and contribution towards the common good.


Official website here: www.valuesandvirtues.org

What is the revenue of The Principled Academy Inc?

The Principled Academy Inc's revenue in 2023 was $157,832.


Official website here: www.valuesandvirtues.org

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

The average compensation at The Principled Academy Inc during 2023 was $4,729. There are 54 employees and 40 volunteers at The Principled Academy Inc.

Here are 8 key members and their salaries:


Dr Mose Durst (Director President Teacher)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Seher (Director Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Seher (Director Treasurer Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noah Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Jares (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Durst (Head Of School)
  • Compensation: $75,000
  • Related: $0
  • Other: $750


Official website here: www.valuesandvirtues.org

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

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


Official website here: www.valuesandvirtues.org

Learn more at the official website: www.valuesandvirtues.org

Mission Statement of The Principled Academy Inc

The Principled Academy, a nonprofit organization, is committed to establishing a secure and nurturing learning environment. This is achieved through a collaborative effort between parents and educators, with the primary goal of helping students from preschool to 8th grade achieve both academic and moral excellence. The Academy fosters a sense of community, promoting understanding and respect among students from diverse backgrounds.

The Academy's small class sizes and dedicated teaching staff enable each student to receive individual attention, fostering their growth and development. The focus on character education, social and emotional learning, and academic excellence prepares students for an interconnected world. The Principled Academy is currently in the process of obtaining accreditation from the National Association for the Education of Young Children, ensuring high-quality early childhood education.

The curriculum at The Principled Academy is designed to instill values such as respect, integrity, honesty, caring, and leadership in its students. Each month, the school emphasizes a specific virtue, and students engage in community service projects to reinforce these values. The Academy's commitment to character development has a positive impact on its students' academic performance. With a supportive environment and qualified teachers, The Principled Academy helps its students reach their full academic potential. The school's graduates have gone on to attend prestigious universities and hold leadership positions in both public and private high schools.

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Impact




October, 2024

The Principled Academy Inc. has made a significant impact by fostering a safe and nurturing educational environment that spans from preschool through 8th grade. With a diverse student body of 120, including children from various races, ethnicities, religions, and socio-economic backgrounds, TPA not only prepares students for a connected world but actively cultivates an experience of world peace and inclusivity.

The academy’s focus on character education and social-emotional learning empowers students to engage deeply with values like respect, integrity, and leadership while contributing positively to their communities. Each month, students engage in community service projects, establishing a sense of responsibility and understanding of their ability to effect change even at a young age.

Class sizes are kept small, allowing for personalized attention from qualified teachers, fostering an environment where academic and moral excellence can thrive. This individual support contributes significantly to students' academic performance and personal growth. Alumni of TPA have gone on to attend prestigious high schools and universities, showcasing the lasting impact of the education and values instilled at the academy.

The collaboration with parents is integral to TPA's approach, encouraging families to participate in their children's learning journey. Bi-weekly newsletters keep parents informed and engaged, facilitating meaningful discussions at home. Additionally, TPA supports extracurricular activities such as scouting programs, which have led former students to return and contribute to their alma mater, demonstrating a commitment to community and service that resonates well beyond graduation.

Overall, The Principled Academy Inc. stands as a beacon of educational and moral development, positively influencing the lives of its students and the broader community with its foundational principles and active engagement in service and character formation.




This information is meant to be a general summary of The Principled 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
$157,832 (2023)
Expenses
$390,707 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,482
  • Program Service Revenue: $146,103
  • Gross Receipts: $1,015,391

Assets and Liabilities:

  • Total Assets: $924,080
  • Total Liabilities: $52,052
  • Net Assets: $872,028

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Programs

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

Tuition and Registration

Revenue

$146,103

Organization Details

Founding Year

1973

NTEE Category

Code: B24 - Education

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