Overview
What is Mount Carmel Academy?
Mount Carmel Academy, located in Houston, Texas, is a nonprofit organization dedicated to providing high-quality college-preparatory education. With a team of 37 dedicated individuals, the academy serves around 340 students from the Southeast Houston metropolitan area. The academy's mission is to act as a contract-charter school, ensuring their students successfully pass the TAKS test and graduate 100% of them. Mount Carmel Academy prides itself on offering a comprehensive education, focusing on college preparation. Besides academic excellence, the academy operates as a contract-charter high school, contributing positively to the Southeast Houston community.
Official website here: www.mountcarmelacaademy.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Mount Carmel Academy has achieved an impressive score of 88%, reflecting strong accountability and finance practices. The organization's rating is based entirely on this single beacon score, indicating a focus on financial transparency and governance. The accountability measures in place are commendable, with all board members being independent, which enhances the integrity of the decision-making processes.
Strengths include an excellent record of financial oversight, with no material diversion of assets reported and a high program expense ratio of 95.62%, suggesting that the majority of funds are directed towards their programs. Additionally, the academy has established key governance policies, such as conflict of interest and document retention policies, which further bolster its operational integrity.
However, there are areas for improvement, notably the absence of a whistleblower policy. While this does not detract significantly from the overall rating, implementing such a policy could enhance the organization's commitment to transparency and accountability further. Overall, Mount Carmel Academy demonstrates a solid financial foundation and governance structure, making it a reputable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Carmel Academy legitimate?
Mount Carmel Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Carmel 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,578,033
For more financial information, click here
Official website here: www.mountcarmelacaademy.net
What is the mission statement of Mount Carmel Academy?
Mount Carmel Academy serves as a contract-charter high school, with a mission to deliver a top-tier college-preparatory education to students residing in the Southeast Houston metropolitan area. Their primary goal is to provide a comprehensive high school education that prepares students for further studies. The academy has successfully managed to pass the TAKS test with 100% of its students, demonstrating their dedication to academic excellence.
Official website here: www.mountcarmelacaademy.net
Who is the CEO of Mount Carmel Academy?
Victor Bonner Jr is the Business Man of Mount Carmel Academy.
Official website here: www.mountcarmelacaademy.net
What is the revenue of Mount Carmel Academy?
Mount Carmel Academy's revenue in 2022 was $1,585,510.
Official website here: www.mountcarmelacaademy.net
Who are the executives of Mount Carmel Academy and what are their salaries?
The average compensation at Mount Carmel Academy during 2022 was $42,650. There are 37 employees at Mount Carmel Academy.
Here are 3 key members and their salaries:
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mountcarmelacaademy.net
Where can I find the form 990 for Mount Carmel Academy?
Mount Carmel Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mountcarmelacaademy.net
Learn more at the official website: www.mountcarmelacaademy.net
Mission Statement of Mount Carmel Academy
Mount Carmel Academy, as a contract-charter high school, is dedicated to providing a top-notch college-preparatory education for students hailing from the Southeast Houston metropolitan area. Its mission is twofold: firstly, it aims to serve as a beacon of quality education, equipping its students with the knowledge and skills necessary to excel in higher education. Secondly, Mount Carmel Academy is committed to catering to the educational needs of its 340 students, ensuring that they all have the opportunity to succeed. This is reflected in its impressive track record, with 100% of its graduates successfully passing the TAKS test, a significant milestone in their academic journey.
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Impact
October, 2024
Mount Carmel Academy significantly impacts the Southeast Houston metro area by offering a college-preparatory education tailored for 340 students. With an unwavering commitment to academic excellence, the school ensures that all students successfully pass the TAKS test, achieving a remarkable 100% graduation rate. This achievement not only reflects the quality of education provided but also enhances the future opportunities for its graduates, empowering them to pursue higher education and contribute positively to their communities. Through its mission, Mount Carmel Academy plays a crucial role in fostering academic achievement and personal growth in a region that benefits from accessible, high-quality educational resources.
This information is meant to be a general summary of Mount Carmel 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 2022.
- Program Service Revenue: $1,546,604
- Gross Receipts: $1,585,510
Assets and Liabilities:
- Total Assets: $783,522
- Total Liabilities: $114,657
- Net Assets: $668,865
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HISD CONTRACT
Revenue
$1,513,095
FEES
Revenue
$26,754
CONTRIBUTIONS
Revenue
$6,755
Organization Details
Founding Year
2008
Phone
(713) 643-2008Principal Officer
Victor Bonner Jr
Main Address
7155 ASHBURN, HOUSTON, TX, 77061
Website
www.mountcarmelacaademy.netNTEE Category
Code: B25 - Education
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