Overview
What is Potentia Academy Inc?
Potentia Academy Inc, located in Greenacres, Florida, is a nonprofit organization devoted to providing specialized education. With a team of five dedicated individuals, this institution focuses on helping approximately 40 students who have specific learning disabilities. The academy serves as a school, offering tailored educational instructions designed to cater to the unique needs of these students. The academy's mission is deeply rooted in supporting these learners, helping them overcome their challenges and thrive in their educational journeys.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star Rating
Potentia Academy Inc has received a commendable Three-Star rating from Charity Navigator, reflecting an overall score of 85%. This rating indicates a solid performance in both accountability and finance, with a score of 83, alongside an impressive leadership and adaptability score of 100. The charity demonstrates a robust program expense ratio of 86.20%, suggesting that a significant portion of its resources is directed toward its core mission.
The organization boasts strong governance practices, with 87% of its board members being independent, which enhances its accountability. Notably, Potentia Academy has no material diversion of assets and has established thorough policies regarding conflicts of interest and whistleblower protections. The investment in leadership development, including the hiring of a full-time CEO and involvement in professional workshops, further illustrates the organization's commitment to effective management.
However, while the financial health of Potentia Academy appears strong, the specific program outcomes and areas for improvement are less documented in the available data. The organization has effectively adapted to the challenges presented by external changes, particularly during school closures, by swiftly integrating technology to minimize learning losses. This adaptability is a significant strength in today's rapidly changing educational landscape.
This AI summary has been generated from information found on Charity Navigator.
Is Potentia Academy Inc legitimate?
Potentia Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potentia Academy Inc 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: $119,474
Professional Fundraising Fees: $0
Other Salaries and Wages: $191,266
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What is the mission statement of Potentia Academy Inc?
Potentia Academy Inc, as a school, is dedicated to providing specialized educational instruction to students who have specific learning disabilities. Its mission is to create an inclusive learning environment that caters to the unique needs of these students, enabling them to thrive academically. The school aims to equip these students with the necessary skills and knowledge to succeed in their educational journey, fostering their confidence and independence. By tailoring its instruction methods to each student's learning style, Potentia Academy Inc strives to help its 40 students achieve their full potential, ultimately contributing to their overall personal development.
Who is the CEO of Potentia Academy Inc?
Dr J Duane Meeks is the Director; Chairman And President of Potentia Academy Inc.
What is the revenue of Potentia Academy Inc?
Potentia Academy Inc's revenue in 2022 was $639,354.
Who are the executives of Potentia Academy Inc and what are their salaries?
The average compensation at Potentia Academy Inc during 2022 was $62,148. There are 5 employees and 15 volunteers at Potentia Academy Inc.
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Where can I find the form 990 for Potentia Academy Inc?
Potentia Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Potentia Academy Inc
Potentia Academy Inc is a school dedicated to providing specialized educational instruction to students struggling with specific learning disabilities. Its mission, in essence, is to create an educational environment that caters to the unique needs of these students, enabling them to thrive academically. The institution serves around 40 students, each with their own set of challenges, and tailors its teaching methods to help them overcome these obstacles and reach their full potential. By offering individualized instruction, Potentia Academy Inc ensures that every student receives the support they need to succeed in their academic journey.
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Impact
July, 2024
Potentia Academy Inc's impact lies in providing specialized education instruction to 40 students with specific learning disabilities in Greenacres, FL. Through their dedicated efforts, these students receive the support and guidance they need to thrive academically and develop essential skills for their future success. Potentia Academy Inc's focused mission to cater to students with specific learning disabilities sets them apart as a crucial resource in the education sector, ensuring that every individual has the opportunity to reach their full potential.
This information is meant to be a general summary of Potentia Academy Inc. 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: $526,306
- Gross Receipts: $639,354
Assets and Liabilities:
- Total Assets: $869,136
- Total Liabilities: $14,984
- Net Assets: $854,152
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$502,367
LATE FEE
Revenue
$3,955
REGISTRATION FEE
Revenue
$5,800
CCREST FEE
Revenue
$12,000
Organization Details
Founding Year
2009
Phone
(561) 433-5557Principal Officer
Dr J Duane Meeks
Main Address
4784 MELALEUCA LANE, GREENACRES, FL, 33463
NTEE Category
Code: B20 - Education
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