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Acacia 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: 261893950 ✦ Kokomo, IN ✦ Designated as a 501(c)(3)

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Overview

What is Acacia Academy Inc?

Acacia Academy Inc, located at 1820 Timber CT, Kokomo, IN 46902, is a nonprofit organization dedicated to imparting a comprehensive education that nurtures both academic excellence and moral values. The academy's mission is to equip each student with essential learning tools, a deep appreciation for truth, beauty, and goodness, a virtuous character marked by grace, and a biblically grounded worldview. With a team of 14 dedicated individuals, Acacia Academy Inc strives to cultivate intelligent, well-rounded individuals who can navigate life with wisdom and integrity.


Official website here: www.acaciaacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Acacia Academy Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score reflects an 83% rating in this category, which indicates that the organization effectively manages its resources and maintains a level of transparency. Notably, the nonprofit has a fully independent board and does not show any material diversion of assets, which are positive indicators of governance.

The organization has strengths in several key areas, including a high program expense ratio of 94.07%, suggesting that a significant portion of its funding is directed towards its programs rather than administration costs. Additionally, its board is composed entirely of independent members, which enhances accountability. The presence of documented board meeting minutes also supports a structured approach to governance.

However, there are some notable limitations. Acacia Academy Inc is missing important policies such as a whistleblower and document retention and destruction policy, which could pose risks to its accountability standards. Furthermore, the nonprofit has not posted its tax form on its website as required, which may hinder transparency regarding its financial activities. These gaps suggest areas for improvement that could help bolster the organization’s overall governance profile.


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

Is Acacia Academy Inc legitimate?

Acacia Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acacia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $375,462

For more financial information, click here


Official website here: www.acaciaacademy.org

What is the mission statement of Acacia Academy Inc?

Acacia Academy Inc's mission is centered around providing students with a comprehensive education that extends beyond academics. The goal is to instill in each student a strong foundation of academic excellence, equipping them with tools for a lifelong learning journey. Beyond academics, the academy aims to foster an appreciation and love for truth, beauty, and goodness. This is achieved by cultivating a character marked by grace and virtue. Moreover, Acacia Academy Inc encourages a well-reasoned biblical worldview, which is an integral part of their educational approach. In essence, the academy seeks to nurture intelligent, virtuous individuals who hold a deep respect for moral and spiritual principles.


Official website here: www.acaciaacademy.org

Who is the CEO of Acacia Academy Inc?

Joshua Keyes is the Director of Acacia Academy Inc.


Official website here: www.acaciaacademy.org

What is the revenue of Acacia Academy Inc?

Acacia Academy Inc's revenue in 2022 was $490,178.


Official website here: www.acaciaacademy.org

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

The average compensation at Acacia Academy Inc during 2022 was $26,819. There are 14 employees and 50 volunteers at Acacia Academy Inc.


Here are 7 key members and their salaries:


John Salmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Cline (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Hoshaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Keyes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Gremelspacher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Rockey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acaciaacademy.org

Where can I find the form 990 for Acacia Academy Inc?

Acacia Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.acaciaacademy.org

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

Mission Statement of Acacia Academy Inc

Acacia Academy Inc, a nonprofit organization, is dedicated to nurturing its students with a unique blend of academic excellence and moral growth. Their mission is to equip each student with the tools necessary for a lifelong journey of learning, fostering an appreciation and love for truth, beauty, and goodness. Acacia Academy Inc believes in cultivating not only intellectual prowess but also instilling virtues such as grace and kindness in its students. Furthermore, the organization promotes a well-reasoned biblical worldview, integrating spiritual and moral education into its curriculum. In essence, Acacia Academy Inc aims to create well-rounded individuals who excel academically and are guided by a strong moral compass.

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Impact




July, 2024

Acacia Academy Inc's impact is felt through its commitment to cultivating intelligence and character in students through an excellent classical Christian education. By focusing on academic excellence, instilling tools for a life of learning, nurturing knowledge, appreciation, and love of truth, beauty, and goodness, building character marked by grace and virtue, and promoting a well-reasoned biblical worldview, Acacia Academy is shaping future generations to be well-rounded individuals prepared to positively contribute to society. Through its educational approach, the organization is equipping students with not only academic knowledge but also invaluable life skills and values that will benefit them and those around them for years to come.




This information is meant to be a general summary of Acacia 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
$490,178 (2022)
Expenses
$499,022 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,799
  • Program Service Revenue: $229,277
  • Gross Receipts: $513,899

Assets and Liabilities:

  • Total Assets: $474,011
  • Total Liabilities: $0
  • Net Assets: $474,011

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Programs

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

TUITION

Revenue

$203,185

PROGRAM SERVICE FEES

Revenue

$26,092

PTA FUND

Organization Details

Founding Year

2008

Principal Officer

Joshua Keyes

Main Address

1820 TIMBER CT, KOKOMO, IN, 46902

NTEE Category

Code: B20 - Education

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