Overview
What is Columbus Arts And Technology Academy?
Columbus Arts and Technology Academy is a nonprofit organization situated at 2255 Kimberly Parkway E, Columbus, Ohio 43232. Established under the Ohio Revised Code, its primary objective is to offer educational choices to students and their families within the community. The organization primarily focuses on providing instructional services to enrolled students in grades K-8 for the 2021-2022 school year. The mission of Columbus Arts and Technology Academy is to establish and manage a charter school in Ohio, aiming to benefit the children of the community, and engage in additional activities that support these objectives, all within the guidelines of IRC 501c3.
Official website here: www.columbusata.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Columbus Arts And Technology Academy has received a two-star rating from Charity Navigator, indicating that while it has some strong governance practices, there are significant concerns regarding its financial health. The organization scores well in areas such as having a majority independent board and effective oversight mechanisms, which showcases its commitment to accountability and transparency.
However, the financial metrics reveal troubling signs, particularly with a liabilities to assets ratio of 0 out of 25 and a working capital ratio of -1.16 years. These numbers suggest potential financial instability, raising questions about the organization's capacity to sustain its operations in the long run. Additionally, the fundraising efficiency ratio indicates that the organization is not generating funds effectively, which could impact its service delivery.
Despite these financial challenges, the Academy does maintain a solid program expense ratio, indicating that funds are directed toward its mission. The combination of strong governance and weak financial health presents a complex picture, emphasizing the need for the organization to address its financial strategies to improve sustainability and effectiveness in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Columbus Arts And Technology Academy legitimate?
Columbus Arts And Technology Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbus Arts And Technology 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: $2,081,642
For more financial information, click here
Official website here: www.columbusata.org
What is the mission statement of Columbus Arts And Technology Academy?
Columbus Arts and Technology Academy was established with the primary objective of offering educational choices to students and their families in the community. As per its Articles of Incorporation, its mission is to operate a charter school within the state of Ohio, with additional activities aligned with the guidelines of IRC 501c3. The institution is dedicated to providing instructional services to enrolled students in grades K-8, contributing to the educational growth and development of the community's children.
Official website here: www.columbusata.org
Who is the CEO of Columbus Arts And Technology Academy?
C David Massa is the Board Member of Columbus Arts And Technology Academy.
Official website here: www.columbusata.org
What is the revenue of Columbus Arts And Technology Academy?
Columbus Arts And Technology Academy's revenue in 2022 was $6,708,157.
Official website here: www.columbusata.org
Who are the executives of Columbus Arts And Technology Academy and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.columbusata.org
Where can I find the form 990 for Columbus Arts And Technology Academy?
Columbus Arts And Technology Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.columbusata.org
Learn more at the official website: www.columbusata.org
Mission Statement of Columbus Arts And Technology Academy
Columbus Arts and Technology Academy, as a nonprofit organization, was established with the primary purpose of offering educational choices to the students and families within its community. Its mission, as outlined in its Articles of Incorporation, encompasses the establishment and operation of a charter school in the state of Ohio, with the ultimate aim of benefiting the children in the community. Beyond this, Columbus Arts and Technology Academy is permitted to engage in any additional activities that fall within the scope of IRC 501c3, which governs tax-exempt organizations in the United States. In essence, the organization's mission is to provide a high-quality educational environment that caters to the needs of its enrolled students in grades K-8, while adhering to the guidelines set forth by IRC 501c3.
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Impact
October, 2024
Columbus Arts And Technology Academy plays a crucial role in enhancing educational opportunities for students and families in the Columbus community. By providing instructional services to children in grades K-8, the academy ensures that young learners have access to quality education tailored to their needs.
The academy's mission focuses on fostering an environment where educational choice is prioritized, allowing families to select an educational path that best fits their children's aspirations and potential. Through its charter school initiative, Columbus Arts And Technology Academy not only contributes to the academic development of students but also engages in community-building activities. This inclusive approach empowers families and supports the overall growth of the community, positioning the academy as a vital educational resource in the region.
This information is meant to be a general summary of Columbus Arts And Technology 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: $6,708,157
Assets and Liabilities:
- Total Assets: $9,122,625
- Total Liabilities: $16,841,656
- Net Assets: -$7,719,031
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Organization Details
Founding Year
2004
Principal Officer
C David Massa
Main Address
2255 Kimberly Parkway E, Columbus, OH, 43232
Website
www.columbusata.orgNTEE Category
Code: B29 - Education
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