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Imagine Akron Academy

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

EIN: 271414401 ✦ Akron, OH ✦ Designated as a 501(c)(3)

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Overview

What is Imagine Akron Academy?

Imagine Akron Academy is a charter school based in Akron, Ohio, with around 160 students enrolled in kindergarten. This educational institution collaborates with parents and guardians through the School Choice program to fulfill its mission. The school's effectiveness is evaluated using five "Measures of Excellence," which include academic growth, character development, economic sustainability, parent choice, and shared values. Despite having no employees, Imagine Akron Academy is managed by the non-profit organization, Imagine Schools Non-Profit, Inc. The academy's objective is to partner with parents and guardians in educating their children, offering high-quality schools that prepare students for successful lives characterized by leadership, accomplishment, and exemplary character.


Official website here: www.imagineakronacademy.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Imagine Akron Academy has earned a respectable Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is derived solely from the Accountability & Finance beacon, where the organization scored 81%. This score indicates a commitment to transparency and responsible financial practices, which is crucial for donor confidence.

The organization showcases strong governance practices, with 100% of its board members being independent. Additionally, it has a robust program expense ratio of 98.39%, suggesting that nearly all of its expenditures are directed towards its mission-related programs. This emphasis on program funding is a positive indicator of the charity's focus on delivering impactful services to the community.

While the overall rating is favorable, it is important to note that the score is based exclusively on financial metrics, with no additional beacons assessed. This could imply that potential donors may want to look for more detailed programmatic outcomes or impact assessments to get a complete picture of the organization’s effectiveness beyond financial accountability.


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

Is Imagine Akron Academy legitimate?

Imagine Akron Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imagine Akron 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: $18,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.imagineakronacademy.com/

What is the mission statement of Imagine Akron Academy?

Imagine Akron Academy collaborates with parents and guardians in the education of their children by offering high-quality schools that prepare students for successful lives marked by leadership, accomplishment, and exemplary character. The academy strives to achieve this mission through school choice, leveraging five key measures of excellence: academic growth, character development, economic sustainability, parent choice, and shared values. The academy, with around 160 students in kindergarten, is managed by Imagine Schools Non-Profit, Inc. and does not have any direct employees.


Official website here: www.imagineakronacademy.com/

Who is the CEO of Imagine Akron Academy?

Richard Berdine is the Treasurer of Imagine Akron Academy.


Official website here: www.imagineakronacademy.com/

What is the revenue of Imagine Akron Academy?

Imagine Akron Academy's revenue in 2023 was $561,957.


Official website here: www.imagineakronacademy.com/

Who are the executives of Imagine Akron Academy and what are their salaries?

There 25 volunteers at Imagine Akron Academy.


Here are 6 key members and their salaries:


Richard Berdine (Treasurer)
  • Compensation: $18,500
  • Related: $0
  • Other: $0
Anthony Burwell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kisha Davidson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Mathis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ladonna Paul (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.imagineakronacademy.com/

Where can I find the form 990 for Imagine Akron Academy?

Imagine Akron Academy's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.imagineakronacademy.com/

Learn more at the official website: www.imagineakronacademy.com/

Mission Statement of Imagine Akron Academy

Imagine Akron Academy, a non-profit organization, collaborates with parents and guardians in the education of their children by establishing high-quality schools that prepare students for lives marked by leadership, accomplishment, and exemplary character. The academy's primary mission is to establish a strong partnership with parents and guardians, leveraging school choice, to achieve its goals. The academy employs five "Measures of Excellence" to evaluate its effectiveness. These measures include academic growth, character development, economic sustainability, parent choice, and shared values. With approximately 160 students enrolled in kindergarten, Imagine Akron Academy is dedicated to providing an education that fosters the holistic development of its students, setting them up for success in all aspects of life.

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Impact




July, 2024

Imagine Akron Academy's impact can be seen in the way it partners with parents and guardians to provide high-quality education for their children. With a focus on preparing students for lives of leadership, accomplishment, and exemplary character, the school serves approximately 160 students enrolled in kindergarten. By using measures of excellence such as academic growth, character development, economic sustainability, parent choice, and shared values, Imagine Akron Academy evaluates its effectiveness in fulfilling its mission. This approach helps create a positive impact on the education and overall development of the students in Akron.




This information is meant to be a general summary of Imagine Akron 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.

Revenue
$561,957 (2023)
Expenses
$516,958 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $561,957

Assets and Liabilities:

  • Total Assets: $157,250
  • Total Liabilities: $338,559
  • Net Assets: -$181,309

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Organization Details

Founding Year

2010

Principal Officer

Richard Berdine

Main Address

2405 ROMIG ROAD, AKRON, OH, 443203826

NTEE Category

Code: B29 - Education

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