Overview
What is Ohio Virtual Academy?
The Ohio Virtual Academy is a nonprofit educational organization located at 1690 Woodlands Dr Suite 100, Maumee, OH 43537. With a workforce of 811 employees, they cater to students in grades K-12, serving approximately 14,750 students during the fiscal year. Their mission is to provide an innovative and effective educational program that helps students achieve high standards and reach their full academic and social potential. The Ohio Virtual Academy aims to create a high-performance school that equips teachers and parents with the tools of tomorrow, ensuring students have the opportunities they need to succeed in life.
Official website here: www.ohva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, earning it a Two-Star out of Four Star rating.
Ohio Virtual Academy has received a Two-Star rating from Charity Navigator, indicating a need for improvement in accountability and financial transparency despite a solid program expense ratio of 83.86%. The organization has a strong governance structure, featuring 100% independent board members and comprehensive policies in place, such as conflict of interest and whistleblower policies.
However, the nonprofit faces significant challenges, particularly in its financial reporting. The absence of financial statements and a high liabilities-to-assets ratio of 418.10% raises concerns about its fiscal health. Additionally, the missing tax forms on the nonprofit's website contribute to its low accountability score and may hinder donor confidence.
Overall, while Ohio Virtual Academy demonstrates strengths in governance and program efficiency, its financial reporting issues and lack of transparency limit its effectiveness and rating. Addressing these areas could enhance its credibility and support from stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Virtual Academy legitimate?
Ohio Virtual Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Virtual 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: $7,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,550,391
For more financial information, click here
Official website here: www.ohva.org
What is the mission statement of Ohio Virtual Academy?
The Ohio Virtual Academy is dedicated to empowering students with an innovative and effective educational program that helps them reach their academic and social potential. Their mission is to equip students with the tools they need to achieve high standards and succeed in life. The academy serves approximately 14,750 students in grades K-12. Through their educational offerings, they aim to create a high-performance school that gives students all the opportunities they need to thrive.
Official website here: www.ohva.org
Who is the CEO of Ohio Virtual Academy?
Stephen Vasquez is the Trustee of Ohio Virtual Academy.
Official website here: www.ohva.org
What is the revenue of Ohio Virtual Academy?
Ohio Virtual Academy's revenue in 2022 was $130,361,411.
Official website here: www.ohva.org
Who are the executives of Ohio Virtual Academy and what are their salaries?
The average compensation at Ohio Virtual Academy during 2022 was $41,379. There are 811 employees and 25 volunteers at Ohio Virtual Academy.
Here are 12 key members and their salaries:
- Compensation: $0
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- Other: $0
- Compensation: $725
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $875
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $875
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $875
- Related: $0
- Other: $0
- Compensation: $875
- Related: $0
- Other: $0
Official website here: www.ohva.org
Where can I find the form 990 for Ohio Virtual Academy?
Ohio Virtual Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ohva.org
Learn more at the official website: www.ohva.org
Mission Statement of Ohio Virtual Academy
The Ohio Virtual Academy, a leading educational institution, is dedicated to empowering students from grades K to 12 with an innovative and effective educational program. This mission enables students to achieve high standards and reach their full academic and social potential. By providing a high-performance school, the academy equips teachers and parents with the tools of tomorrow, ensuring that students have all the opportunities they need to succeed in life and pave the way for a new model of twenty-first-century public schools.
With a commitment to academic excellence, the Ohio Virtual Academy served approximately 14,750 students during the fiscal year. The organization's innovative approach to education sets it apart, providing students with the flexibility and resources they need to learn at their own pace and in a style that suits them best. The academy's dedicated team of educators and support staff work together to create a nurturing learning environment, fostering the growth and development of each student. As a result, students are able to unlock their full potential and prepare for a successful future.
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Impact
August, 2024
Ohio Virtual Academy has had a significant impact on education by empowering students with an innovative and effective educational program. By serving approximately 14,750 students in grades K-12, the academy has helped students achieve high standards and reach their full academic and social potential. Through its vision of creating a high-performance school that equips teachers and parents with the tools of tomorrow, Ohio Virtual Academy is pioneering a new model for the twenty-first-century public school system.
This information is meant to be a general summary of Ohio Virtual 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.
- Gross Receipts: $130,361,411
Assets and Liabilities:
- Total Assets: $15,327,909
- Total Liabilities: $56,134,659
- Net Assets: -$40,806,750
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Organization Details
Founding Year
2002
Phone
(419) 482-0948Principal Officer
Stephen Vasquez
Main Address
1690 WOODLANDS DR SUITE 100, MAUMEE, OH, 43537
Website
www.ohva.orgNTEE Category
Code: B200 - Education
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