Overview
What is The Neighborhood Academy?
The Neighborhood Academy is an accredited, independent college-preparatory school situated in Pittsburgh, Pennsylvania. It is privately funded through the generosity of individuals, corporations, foundations, and faith communities. The school follows a unique tuition model where families contribute based on their income level, fostering a sense of value for education. Parents also participate actively by joining meal teams and carpools. The school serves low-income students who often face challenges due to poverty, providing them with a structured environment to help them overcome these barriers and prepare for higher education. The Neighborhood Academy's mission is to break the cycle of generational poverty by equipping low-income students with the necessary skills for higher education, upholding a philosophy that emphasizes civility and disciplined academic work.
Official website here: www.theneighborhoodacademy.org
What are the reviews and ratings of this charity?
Charity Navigator rates The Neighborhood Academy with a score of 97%, earning it a Four-Star out of Four Star rating. This high score reflects the organization's strong commitment to accountability and finance, being evaluated solely on this beacon. Their accountability measures, including a fully independent board and strong oversight policies, contribute to the organization's excellent financial health.
User feedback highlights the Academy's unique mission as Pittsburgh's only faith-based, independent college-prep school aimed at breaking the cycle of generational poverty. The Academy focuses on preparing low-income youth for college and citizenship through a year-round, extended-day model that addresses academic gaps. Additionally, students benefit from extracurricular activities and college visits, all while receiving essential scholarship support.
While the overall feedback is positive, emphasizing the Academy's supportive environment and tailored programs, there are no noted limitations in the data available. This suggests a robust performance in fulfilling its mission and effectively managing its resources, making it a commendable choice for those interested in supporting educational initiatives for underserved youth.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Neighborhood Academy legitimate?
The Neighborhood Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Neighborhood 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: $565,516
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,156,802
For more financial information, click here
Official website here: www.theneighborhoodacademy.org
What is the mission statement of The Neighborhood Academy?
The Neighborhood Academy's mission is to disrupt the cycle of generational poverty by preparing low-income students for higher education. This is achieved through a philosophy that emphasizes civility and disciplined academic work. The school, which is privately funded and accredited, encourages parents to value education by requiring a small monthly tuition fee based on income level. Parents also contribute to their child's education by participating in meal teams and carpools. Low-income students often face challenges due to the consequences of poverty, such as unstructured home lives and lack of access to a conducive learning environment. The Academy aims to address these issues, providing these students with the necessary tools for higher education.
Official website here: www.theneighborhoodacademy.org
What is the revenue of The Neighborhood Academy?
The Neighborhood Academy's revenue in 2023 was $7,061,160.
Official website here: www.theneighborhoodacademy.org
Who are the executives of The Neighborhood Academy and what are their salaries?
The average compensation at The Neighborhood Academy during 2023 was $47,760. There are 57 employees and 25 volunteers at The Neighborhood Academy.
Here are 21 key members and their salaries:
- Compensation: $194,244
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- Other: $17,397
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- Other: $7,199
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- Other: $7,120
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Official website here: www.theneighborhoodacademy.org
Where can I find the form 990 for The Neighborhood Academy?
The Neighborhood Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theneighborhoodacademy.org
Learn more at the official website: www.theneighborhoodacademy.org
Mission Statement of The Neighborhood Academy
The Neighborhood Academy, an independent college-preparatory school, is dedicated to breaking the cycle of generational poverty by preparing low-income students for higher education. This institution adheres to a philosophy that incorporates civility and disciplined academic work, aiming to instill value in education among its students. The school is privately funded through the generosity of committed individuals, corporations, foundations, and faith communities. Parents contribute a small monthly tuition fee based on their income level, which involves them directly in their child's education. This tuition requirement and the parents' participation in meal teams and carpools foster a sense of shared responsibility and value towards education.
Low-income students attending The Neighborhood Academy often face challenges arising from unstructured home lives, concerns about basic daily needs, and limited access to an environment conducive to learning. By providing a structured and supportive educational environment, the academy seeks to equip these students with the necessary skills and knowledge to pursue higher education and ultimately improve their socio-economic status, thereby breaking the cycle of poverty. The academy's mission is not just about academics but also about instilling discipline, civility, and a strong work ethic in its students, preparing them for success in all aspects of life.
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Impact
October, 2024
The Neighborhood Academy significantly impacts the lives of low-income students by providing a college-preparatory educational experience designed to break the cycle of generational poverty. Located in Pittsburgh, Pennsylvania, the Academy emphasizes the importance of education as a pathway to higher learning and success.
By fostering a strong sense of community involvement, parents contribute a small monthly tuition based on their income level, which instills the value of education in families. This cooperative approach also encourages parental engagement through participation in meal teams and carpools, further building a supportive network around the students.
Students attending The Neighborhood Academy often face challenges related to poverty, such as unstable home environments and daily basic needs. The Academy addresses these barriers by creating a structured and nurturing educational setting. The school's commitment to disciplined academic work, along with its emphasis on civility and character development, equips students with the skills necessary to succeed academically and beyond.
Through its focused mission, The Neighborhood Academy not only prepares students for higher education but also empowers them to rise above their circumstances, fostering resilience and ambition that can lead to long-term positive change in their lives and communities.
This information is meant to be a general summary of The Neighborhood 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 2023.
- Investment Income: $189,560
- Program Service Revenue: $184,502
- Gross Receipts: $7,099,932
Assets and Liabilities:
- Total Assets: $14,868,216
- Total Liabilities: $1,823,642
- Net Assets: $13,044,574
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION/FEES
Revenue
$184,502
Organization Details
Founding Year
1998
Principal Officer
Anthony Williams
NTEE Category
Code: B21 - Education
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