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Career Academy Of South Bend Inc

South Bend Career Academy

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

EIN: 273113436 ✦ South bend, IN ✦ Designated as a 501(c)(3)

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Overview

What is Career Academy Of South Bend Inc?

Career Academy of South Bend Inc is a charter public school based in South Bend, Indiana, with a mission to offer quality education for students who thrive in non-traditional learning environments. Founded in 2011, the school serves students in grades 7-9 and is fully accredited. It currently employs 185 individuals, and the USAddress for the organization is located at 3801 Crescent Circle. The Career Academy aims to provide a distinctive educational experience for students who might not excel in a traditional classroom setting.


Official website here: www.southbendcareeracademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Career Academy Of South Bend Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement in certain areas despite achieving a perfect score for accountability and finance. The organization excels in maintaining an independent board and has established strong policies regarding conflicts of interest and whistleblower protections. However, the overall score is hindered by a lack of transparency in financial reporting.

The nonprofit's financial statements are notably lacking, with a score of zero out of fifteen points in that category. This suggests potential issues with financial transparency that could impact donor confidence. Additionally, while the organization maintains a high program expense ratio, demonstrating commitment to its mission, the liabilities to assets ratio score of zero raises concerns about the financial health and sustainability of the organization.

Overall, while Career Academy Of South Bend Inc demonstrates strengths in governance and operational policies, significant gaps in financial reporting and transparency need to be addressed for it to improve its standing and effectiveness in serving its community.


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

Is Career Academy Of South Bend Inc legitimate?

Career Academy Of South Bend Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Career Academy Of South Bend 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,492,963

For more financial information, click here


Official website here: www.southbendcareeracademy.org

What is the mission statement of Career Academy Of South Bend Inc?

Career Academy of South Bend is a charter public school that began serving students in grades 7-9 in the fall of 2011. The school is fully accredited and committed to providing an alternative education for students who thrive in non-traditional environments. Its mission is to offer a high-quality education that caters to the unique needs of these students. The academy aims to create an educational setting that enables students to reach their full potential and prepares them for future academic and professional success. By focusing on individualized learning and fostering a supportive environment, Career Academy of South Bend is dedicated to helping students overcome challenges and succeed in their academic journeys.


Official website here: www.southbendcareeracademy.org

Who is the CEO of Career Academy Of South Bend Inc?

Lawrence Garatoni is the Director of Career Academy Of South Bend Inc.


Official website here: www.southbendcareeracademy.org

What is the revenue of Career Academy Of South Bend Inc?

Career Academy Of South Bend Inc's revenue in 2022 was $16,270,516.


Official website here: www.southbendcareeracademy.org

Who are the executives of Career Academy Of South Bend Inc and what are their salaries?

The average compensation at Career Academy Of South Bend Inc during 2022 was $45,908. There are 185 employees and 5 volunteers at Career Academy Of South Bend Inc.


Here are 9 key members and their salaries:


Lori Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Antonelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Hodges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Melnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Swisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Garatoni (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry H Garatoni (Dir/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Hartzell (Executive Director)
  • Compensation: $130,000
  • Related: $0
  • Other: $0


Official website here: www.southbendcareeracademy.org

Where can I find the form 990 for Career Academy Of South Bend Inc?

Career Academy Of South Bend Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southbendcareeracademy.org

Learn more at the official website: www.southbendcareeracademy.org

Mission Statement of Career Academy Of South Bend Inc

Career Academy of South Bend Inc, a fully accredited charter public school, was established in 2011 to cater to students in grades 7-9 who thrive in non-traditional educational settings. The school's mission is to deliver a top-notch public education that suits the unique learning needs of these students.

By offering a quality alternative education, Career Academy of South Bend aims to serve students who may not excel in traditional school environments. This inclusive approach ensures that every child has an opportunity to reach their academic potential. The school's commitment to providing a personalized learning experience is reflected in its accreditation and dedication to meeting the diverse needs of its student body.

In essence, Career Academy of South Bend is more than just a school. It is a beacon of hope for students seeking an educational path that meets their individual needs and fosters their growth in a nurturing environment. By focusing on alternative education methods, the school provides a valuable and essential service to students and their families, paving the way for a brighter future.

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Impact




October, 2024

Career Academy of South Bend has made a significant impact on the educational landscape by offering a fully accredited alternative public education tailored for students in grades 7-9. Since its inception in 2011, the academy has focused on serving those who thrive better in non-traditional learning environments.

By providing personalized educational experiences, the academy helps students who may struggle in conventional settings to engage more effectively with their studies. This approach not only enhances academic performance but also fosters personal and social growth, contributing to the overall development of students. The school’s commitment to quality education empowers its students, offering them opportunities to build skills and knowledge that will support their future endeavors. Through its work, Career Academy of South Bend plays a pivotal role in creating a more inclusive and adaptable educational framework for the community.




This information is meant to be a general summary of Career Academy Of South Bend 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
$16,270,516 (2022)
Expenses
$16,366,846 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $224
  • Gross Receipts: $16,270,516

Assets and Liabilities:

  • Total Assets: $28,495,602
  • Total Liabilities: $28,981,244
  • Net Assets: -$485,642

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Organization Details

Founding Year

2010

Principal Officer

Lawrence Garatoni

Main Address

3801 CRESCENT CIRCLE, SOUTH BEND, IN, 46628

NTEE Category

Code: B29 - Education

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