Overview
What is The Frank & Theresa Oliver Academy For Education?
The Frank & Theresa Oliver Academy for Education is a nonprofit organization situated in Palm Desert, California, with a primary focus on education and charitable purposes. The Academy, also known as The Palm Desert Learning Tree, aims to provide a culturally diverse and high-quality education to local elementary and pre-school aged children. To ensure affordability, they subsidize tuition through donations and government programs, thereby enhancing the educational value for all applicants. The Academy offers various programs, including instruction for improving and developing children's capabilities, before and after school care, daycare for preschoolers, hot lunches, sports programs, dance classes, and technology classes. The Academy serves the Palm Desert area, providing a welcoming and inclusive learning environment for children. With a total of 40 employees, the Academy strives to enrich the lives of its young learners by fostering their growth and development.
Official website here: www.thelearningtreecenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%). This rating indicates that The Frank & Theresa Oliver Academy For Education has significant areas needing attention, particularly regarding its financial accountability and transparency practices. While the organization has a reasonable program expense ratio of 86.89%, demonstrating that a large portion of its funds is allocated to its programs, the absence of financial statements raises concerns about its fiscal management.
The Academy boasts a fully independent board, which is a positive aspect, as it reflects a commitment to governance integrity. However, it lacks essential policies like a conflict of interest policy and a whistleblower policy, which are critical for maintaining operational transparency and ethical conduct. Additionally, the absence of posted financial documents on its website limits accessibility for stakeholders seeking to understand the organization's financial health.
In summary, while The Frank & Theresa Oliver Academy For Education shows a strong commitment to program spending and has an independent board, the lack of financial documentation and critical governance policies significantly impacts its overall rating. Stakeholders may want to consider these aspects when evaluating the organization's trustworthiness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Frank & Theresa Oliver Academy For Education legitimate?
The Frank & Theresa Oliver Academy For Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Frank & Theresa Oliver Academy For Education 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $400,136
For more financial information, click here
Official website here: www.thelearningtreecenter.com
What is the mission statement of The Frank & Theresa Oliver Academy For Education?
The Frank & Theresa Academy for Education aims to offer a culturally diverse and top-notch education at an affordable price to its local elementary and preschool-aged children. The organization achieves this goal by subsidizing tuition through donations and government programs, thereby enhancing the value of all applicants. The academy operates exclusively for educational and charitable purposes, with a focus on improving and developing students' capabilities. It has designed and developed its programs to further these objectives, serving the Palm Desert area in California. The school offers education for elementary-aged children, after-school care, preschool daycare, hot lunches, sports programs, dance classes, and technology classes.
Official website here: www.thelearningtreecenter.com
Who is the CEO of The Frank & Theresa Oliver Academy For Education?
Robert Craven is the President of The Frank & Theresa Oliver Academy For Education.
Official website here: www.thelearningtreecenter.com
What is the revenue of The Frank & Theresa Oliver Academy For Education?
The Frank & Theresa Oliver Academy For Education's revenue in 2022 was $1,143,126.
Official website here: www.thelearningtreecenter.com
Who are the executives of The Frank & Theresa Oliver Academy For Education and what are their salaries?
The average compensation at The Frank & Theresa Oliver Academy For Education during 2022 was $12,503. There are 40 employees at The Frank & Theresa Oliver Academy For Education.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thelearningtreecenter.com
Where can I find the form 990 for The Frank & Theresa Oliver Academy For Education?
The Frank & Theresa Oliver Academy For Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thelearningtreecenter.com
Learn more at the official website: www.thelearningtreecenter.com
Mission Statement of The Frank & Theresa Oliver Academy For Education
The Frank & Theresa Oliver Academy for Education is committed to providing a culturally diverse and high-quality education that is affordable to local elementary and preschool-aged children. The organization achieves this mission by subsidizing tuition through donations and government programs, thereby enhancing the value of all applicants. The academy operates as an educational and charitable entity, with the primary purpose of improving and developing the capabilities of its students. The academy has designed and developed its programs to serve this purpose, offering instruction in various subjects such as sports, dance, technology, and after-school care. The academy aims to support the development of its students, providing them with a well-rounded education that caters to their diverse needs.
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Impact
October, 2024
The Frank & Theresa Oliver Academy for Education significantly enhances the educational landscape of Palm Desert, California, by providing a culturally diverse and highly affordable high-quality education to local elementary and preschool-aged children. The academy focuses on improving and developing students' capabilities, offering a comprehensive educational experience that includes after-school care, daycare for preschoolers, hot lunches, sports programs, dance classes, and technology education.
By subsidizing tuition through donations and government programs, the academy makes quality education accessible to families who may otherwise face financial barriers. This approach not only advances educational opportunities for individual children but also fosters a more inclusive and equitable community. The organization’s commitment to diversity enriches the learning environment, allowing students to gain a broader perspective and develop essential social skills.
The academy's multifaceted programs contribute to the holistic development of children, ensuring they are well-prepared for future educational challenges and equipped with critical life skills. Through its focus on educational excellence and community support, The Frank & Theresa Oliver Academy for Education creates a lasting positive impact on students and their families.
This information is meant to be a general summary of The Frank & Theresa Oliver Academy For Education. 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: $1,143,126
- Gross Receipts: $1,143,126
Assets and Liabilities:
- Total Assets: $98,528
- Total Liabilities: $0
- Net Assets: $98,528
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & RELATED INCOME
Revenue
$1,143,126
Organization Details
Founding Year
2013
Phone
(760) 345-8100Principal Officer
Robert Craven
Main Address
42-675 WASHINGTON STREET, PALM DESERT, CA, 92211
NTEE Category
Code: B21 - Education
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