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French Broad River Academy Inc

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

EIN: 270349536 ✦ Asheville, NC ✦ Designated as a 501(c)(3)

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Overview

What is French Broad River Academy Inc?

French Broad River Academy Inc, located in Asheville, North Carolina, is a nonprofit organization that stands out for its innovative approach to education. With a focus on academics, they implement best practices using an interdisciplinary, experiential learning style. This method ensures that students not only acquire a solid foundation of knowledge but also develop critical thinking skills essential for high school, college, and the competitive world beyond. The academy operates a middle school for high school preparation, with a mission to foster character, integrity, and a lifelong dedication to learning, service, and leadership. With a total workforce of 37 individuals, French Broad River Academy Inc is committed to shaping the future leaders of tomorrow.


Official website here: www.frba-avl.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.

French Broad River Academy Inc demonstrates solid accountability and financial practices, reflected in its 81% score. The organization boasts a fully independent board and has established strong policies for conflict of interest and whistleblower protections. Their financial health is also notable, with a low liabilities to assets ratio and a significant portion of expenses dedicated to program activities.

The organization's strengths include effective governance and transparent financial reporting, which contribute positively to its operational integrity. The presence of independent board members and a strong commitment to policy adherence indicates a well-managed nonprofit. These factors help build trust among donors and community stakeholders.

However, while the overall ratings are promising, the organization operates with a Three-Star rating, suggesting there may be areas for improvement. Continued attention to financial performance and program effectiveness will be crucial for enhancing its reputation and impact in the community it serves.


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

Is French Broad River Academy Inc legitimate?

French Broad River Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. French Broad River 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: $102,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,483,386

For more financial information, click here


Official website here: www.frba-avl.org

What is the mission statement of French Broad River Academy Inc?

French Broad River Academy Inc's mission is centered around fostering character, integrity, and a lifelong commitment to learning, service, and leadership. Through its operations, the academy provides a middle school education with a focus on high school preparation. The academics at French Broad River Academy incorporate best practices and an interdisciplinary, experiential learning style. This approach ensures that students acquire a solid foundation of knowledge and develop critical thinking skills, equipping them to excel in high school, college, and the competitive world beyond.


Official website here: www.frba-avl.org

Who is the CEO of French Broad River Academy Inc?

Will Yeiser is the Chair of French Broad River Academy Inc.


Official website here: www.frba-avl.org

What is the revenue of French Broad River Academy Inc?

French Broad River Academy Inc's revenue in 2022 was $3,410,217.


Official website here: www.frba-avl.org

Who are the executives of French Broad River Academy Inc and what are their salaries?

The average compensation at French Broad River Academy Inc during 2022 was $42,849. There are 37 employees and 93 volunteers at French Broad River Academy Inc.


Here are 11 key members and their salaries:


Marge Shonnard (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Asbill (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Brayboy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Carrell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Grant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felisa Morgan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Young Perry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Siemens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amelia Hodges (Sec Thru 11/)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Yeiser (Executive Di)
  • Compensation: $82,881
  • Related: $0
  • Other: $6,442


Official website here: www.frba-avl.org

Where can I find the form 990 for French Broad River Academy Inc?

French Broad River Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.frba-avl.org

Learn more at the official website: www.frba-avl.org

Mission Statement of French Broad River Academy Inc

French Broad River Academy Inc, a middle school institution, is dedicated to its mission of shaping the character and fostering integrity in its students. This mission aims to prepare students for a lifetime of learning, service, and leadership. The academy achieves this objective through an innovative educational approach that combines best practices with an interdisciplinary, experiential learning style. This methodology ensures that every student receives a solid foundation of knowledge and develops essential critical thinking skills, equipping them to excel in high school, college, and the competitive world beyond.

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Impact




October, 2024

French Broad River Academy Inc makes a significant impact on students by providing a middle school environment that prioritizes both academic excellence and character development. By implementing an interdisciplinary and experiential learning style, the academy ensures that all students gain a solid foundation of knowledge along with critical thinking skills essential for success in high school and beyond.

The program is designed to prepare students for the competitive world they will face, fostering a love for learning, service, and leadership. This holistic approach not only equips students with academic skills but also instills values of integrity and character, preparing them for lifelong success. Through its focus on character building and leadership, the academy cultivates a supportive community that encourages personal growth, resilience, and a commitment to serving others. The impact of French Broad River Academy extends beyond academics, shaping well-rounded individuals ready to contribute positively to society.




This information is meant to be a general summary of French Broad River 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.

Revenue
$3,410,217 (2022)
Expenses
$3,024,363 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,720
  • Program Service Revenue: $2,759,205
  • Gross Receipts: $3,444,387

Assets and Liabilities:

  • Total Assets: $5,750,033
  • Total Liabilities: $2,835,837
  • Net Assets: $2,914,196

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION, NET OF DISCOUNTS

Revenue

$2,610,325

AFTER SCHOOL PROGRAMS

Revenue

$102,521

SUMMER PROGRAMS

Revenue

$26,499

APPLICATION & OTHER FEEES

Revenue

$19,860

Organization Details

Founding Year

2009

Principal Officer

Will Yeiser

Main Address

1990 RIVERSIDE DR, ASHEVILLE, NC, 28804

NTEE Category

Code: B24 - Education

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