Overview
What is Monument Academy?
Monument Academy is a nonprofit organization located at 1150 Village Ridge Point, Monument, Colorado 80132. They provide educational services to approximately 1,150 students from preschool through 9th grade. With a mission to offer a rigorous, content-rich academic program, Monument Academy creates an engaging, caring, and positive learning environment. Their commitment extends beyond academic excellence by fostering respect, responsibility, character, and exemplary citizenship. The organization employs a team of 246 individuals dedicated to nurturing young minds and shaping their futures.
Official website here: www.monumentacademy.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Monument Academy has received a Three-Star rating from Charity Navigator, reflecting its overall score of 81%, which is based entirely on its Accountability & Finance metrics. The organization demonstrates strengths in governance, with a fully independent board and strong audit oversight. Notably, it exhibits a high program expense ratio, indicating that a significant portion of its funding is directed toward its programs.
While the organization performs well in many areas, there are limitations noted in its financial management. The liabilities to assets ratio is concerning at 181.99%, which may suggest financial instability. Additionally, the absence of a whistleblower policy, while it did not impact the overall rating significantly, could be a point of vulnerability in terms of organizational transparency and accountability.
Overall, Monument Academy's positive ratings in independent governance and program efficiency are balanced by some financial concerns that potential donors may want to consider.
This AI summary has been generated from information found on Charity Navigator.
Is Monument Academy legitimate?
Monument Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monument 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: $275,903
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,014,625
For more financial information, click here
Official website here: www.monumentacademy.net
What is the mission statement of Monument Academy?
Monument Academy is dedicated to delivering a rigorous, content-rich academic program. This mission is executed in an engaging, caring, and positive learning environment. The academy places great emphasis on academic excellence, instilling respect, responsibility, character, and exemplary citizenship. Approximately 1,150 preschool through 9th grade students benefit from the educational services provided by Monument Academy.
Official website here: www.monumentacademy.net
Who is the CEO of Monument Academy?
Glenn Gustafson is the Principal Officer of Monument Academy.
Official website here: www.monumentacademy.net
What is the revenue of Monument Academy?
Monument Academy's revenue in 2022 was $12,053,055.
Official website here: www.monumentacademy.net
Who are the executives of Monument Academy and what are their salaries?
The average compensation at Monument Academy during 2022 was $21,506. There are 246 employees and 500 volunteers at Monument Academy.
Here are 9 key members and their salaries:
- Compensation: $74,184
- Related: $0
- Other: $14,963
- Compensation: $56,630
- Related: $0
- Other: $6,199
- Compensation: $34,200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.monumentacademy.net
Where can I find the form 990 for Monument Academy?
Monument Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monumentacademy.net
Learn more at the official website: www.monumentacademy.net
Mission Statement of Monument Academy
Monument Academy, a esteemed educational institution, is committed to delivering a rigorous, content-rich academic program. The mission of Monument Academy is to provide a challenging learning experience that engages students in a caring and positive environment. This academic journey is built on a solid foundation of knowledge, emphasizing excellence, respect, responsibility, character, and exemplary citizenship.
Monument Academy caters to approximately 1,150 students ranging from preschool to 9th grade. Nurturing young minds, the institution creates an atmosphere of academic success, instilling values that extend beyond the classroom. The educational services offered by Monument Academy are designed to inspire students, fostering their intellectual growth and preparing them for future endeavors. The academy's dedication to providing a top-tier education leaves a lasting impact on its students, shaping them into well-rounded individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Monument Academy's impact is significant, providing a rigorous and content-rich academic program for approximately 1,150 preschool through 9th-grade students. The institution emphasizes academic excellence, respect, responsibility, character, and exemplary citizenship within an engaging, caring, and positive learning environment. This helps students to develop strong foundations of knowledge and skills while fostering a sense of community and personal growth. By offering high-quality educational services, Monument Academy plays a crucial role in shaping the future success of its students and preparing them to become responsible and knowledgeable members of society.
This information is meant to be a general summary of Monument 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.
- Investment Income: $15,767
- Program Service Revenue: $10,088,975
- Gross Receipts: $12,111,363
Assets and Liabilities:
- Total Assets: $7,976,010
- Total Liabilities: $14,111,494
- Net Assets: -$6,135,484
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$9,493,933
STUDENT FEES
Revenue
$565,042
BUILDING USE REVENUE
Revenue
$30,000
Organization Details
Founding Year
1995
Phone
(719) 481-1950Principal Officer
Glenn Gustafson
Main Address
1150 VILLAGE RIDGE POINT, MONUMENT, CO, 80132
Website
www.monumentacademy.netNTEE Category
Code: B29 - Education
If you are a representative of Monument Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.