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Bella Academy Of Excellence

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264196416 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Bella Academy Of Excellence?

Bella Academy of Excellence is a distinguished institution located in Cleveland, Ohio, operating as a community charter school within the state. The school is committed to offering students an academically enriching experience, incorporating subjects such as math, arts, science, and technology into its curriculum. This approach aims to engage students actively in their learning process. The school's mission, as stated, is to prepare its students for lifelong achievement and future success in a global context by fostering an innovative and academically excellent learning environment.


Official website here: www.imaginebellaacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41% (Zero-Star out of Four Stars)

Bella Academy of Excellence has received a low rating of 41% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and has policies in place for conflict of interest, whistleblowing, and document retention, it has notably failed to provide adequate financial transparency. The absence of reviewed or compiled financial statements is a critical shortcoming that affects its overall evaluation.

The organization's program expense ratio stands at only 41.40%, highlighting a potentially concerning allocation of resources. Furthermore, the liabilities to assets ratio is alarmingly high at 238.50%, suggesting that the organization may be financially unstable or over-leveraged. Although there are some positive aspects in terms of governance, the financial indicators raise red flags regarding the sustainability and operational effectiveness of Bella Academy of Excellence.

In summary, while Bella Academy of Excellence demonstrates strong governance practices with its independent board and various policies, significant financial management concerns overshadow these strengths. Prospective donors and supporters should exercise caution and consider these factors when evaluating the organization's overall effectiveness and reliability.


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

Is Bella Academy Of Excellence legitimate?

Bella Academy Of Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bella Academy Of Excellence 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: $0

For more financial information, click here


Official website here: www.imaginebellaacademy.org

What is the mission statement of Bella Academy Of Excellence?

The mission of Bella Academy of Excellence is centered around preparing its students for lifelong success and embracing the global future. It achieves this by establishing an innovative and academically superior learning environment. The school provides students with a rigorous curriculum, incorporating subjects like mathematics, arts, science, and technology, with the aim of engaging all learners in the educational process. As a charter school based in Ohio, Bella Academy of Excellence is committed to offering its students a superior academic experience.


Official website here: www.imaginebellaacademy.org

Who is the CEO of Bella Academy Of Excellence?

Dan Lamb is the Treasurer of Bella Academy Of Excellence.


Official website here: www.imaginebellaacademy.org

What is the revenue of Bella Academy Of Excellence?

Bella Academy Of Excellence's revenue in 2022 was $4,085,531.


Official website here: www.imaginebellaacademy.org

Who are the executives of Bella Academy Of Excellence and what are their salaries?


Here are 6 key members and their salaries:


Hakeem Thornton (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Powell (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Sciko Toro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Shaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Lamb (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.imaginebellaacademy.org

Where can I find the form 990 for Bella Academy Of Excellence?

Bella Academy Of Excellence's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.imaginebellaacademy.org

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

Mission Statement of Bella Academy Of Excellence

Bella Academy of Excellence, a renowned educational institution, is committed to preparing its students for a successful and globally competitive future. The academy achieves this objective by fostering an innovative and academically rigorous learning environment. The curriculum is meticulously designed to incorporate subjects such as mathematics, arts, science, and technology, ensuring that every student is engaged in the learning process. The school's mission is to create an academically excellent institution that equips its students with the necessary skills to thrive in the contemporary world.

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Impact




October, 2024

Bella Academy Of Excellence has a profound impact on its students and the broader community in Cleveland, Ohio. By offering a challenging and innovative curriculum that emphasizes math, arts, science, and technology, the school prepares students for a lifetime of achievement and equips them to thrive in an increasingly global society.

The rigorous academic environment fosters critical thinking and creativity, ensuring that students are not only well-versed in traditional subjects but are also prepared to tackle the complexities of the modern world. By engaging all students in the learning process, Bella Academy creates an inclusive atmosphere that values diversity and encourages personal growth.

In addition to enhancing individual student achievement, the academy contributes to the community by cultivating a generation of skilled, informed, and engaged citizens. The emphasis on academic excellence and innovative teaching methods positions these young learners for success in future educational and career opportunities, thereby promoting long-term economic and social benefits for the entire region.




This information is meant to be a general summary of Bella Academy Of Excellence. 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
$4,085,531 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$3,872,423 (2022)
201120122013201420152016201720182019202020212022$0$1M$2M$3M$4M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Gross Receipts: $4,085,531

Assets and Liabilities:

  • Total Assets: $1,945,965
  • Total Liabilities: $4,013,770
  • Net Assets: -$2,067,805

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Organization Details

Founding Year

2009

Principal Officer

Dan Lamb

Main Address

19114 Bella Drive, Cleveland, OH, 44119

NTEE Category

Code: B29 - Education

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