Overview
What is Aurora Collegiate Academy Charter School?
Aurora Collegiate Academy Charter School, based in Memphis, Tennessee, is a nonprofit institution with a mission to educate students from kindergarten to fifth grade. Their objective is to prepare these students for college-preparatory, middle, and high schools, setting them on a path to higher education from an early age. With a focus on knowledge, skills, and character development, the school aims to create a solid foundation for its students, ultimately guiding them towards college success. The organization employs a team of 51 individuals to achieve its goals.
Official website here: www.auroracollegiate.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Aurora Collegiate Academy Charter School has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored exceptionally well in all metrics contributing to its overall score, with a particular emphasis on its independent governance and transparency. The majority of board members are independent, and robust financial oversight is evident, as reflected in the perfect scores for audit and conflict of interest policies.
Strengths of the organization include a high program expense ratio, which suggests that a significant portion of its resources is directed towards its educational programs rather than administrative costs. Additionally, the absence of material diversions of assets and a solid liabilities-to-assets ratio further denote its financial health and operational integrity. Such metrics inspire confidence among donors and stakeholders in the effective use of funds.
While the organization showcases many strengths, continuous monitoring of its financial practices and governance structures is essential for maintaining its high rating. Transparency and a commitment to best practices will ensure that Aurora Collegiate Academy Charter School remains accountable to its mission and stakeholders in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Aurora Collegiate Academy Charter School legitimate?
Aurora Collegiate Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aurora Collegiate Academy Charter School 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: $136,104
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,768,422
For more financial information, click here
Official website here: www.auroracollegiate.org
What is the mission statement of Aurora Collegiate Academy Charter School?
Aurora Collegiate Academy Charter School's mission is centered around educating students from kindergarten to fifth grade, preparing them for college-preparatory middle and high schools. The school aims to set their students on the path to higher education from an early age. Through its educational approach, Aurora Collegiate Academy, Inc., establishes a strong foundation of knowledge, skills, and character in its students, ensuring their success in their future academic and personal endeavors.
Official website here: www.auroracollegiate.org
Who is the CEO of Aurora Collegiate Academy Charter School?
Grant Monda is the Chairman of Aurora Collegiate Academy Charter School.
Official website here: www.auroracollegiate.org
What is the revenue of Aurora Collegiate Academy Charter School?
Aurora Collegiate Academy Charter School's revenue in 2023 was $5,137,072.
Official website here: www.auroracollegiate.org
Who are the executives of Aurora Collegiate Academy Charter School and what are their salaries?
The average compensation at Aurora Collegiate Academy Charter School during 2023 was $37,344. There are 51 employees and 75 volunteers at Aurora Collegiate Academy Charter School.
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- Compensation: $136,104
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Official website here: www.auroracollegiate.org
Where can I find the form 990 for Aurora Collegiate Academy Charter School?
Aurora Collegiate Academy Charter School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.auroracollegiate.org
Learn more at the official website: www.auroracollegiate.org
Mission Statement of Aurora Collegiate Academy Charter School
Aurora Collegiate Academy Charter School is committed to educating students from kindergarten to fifth grade, setting them on a path towards success in college-preparatory middle and high schools. The school's mission is to build a solid foundation of knowledge, skills, and character in its students. By doing so, it aims to prepare them for their future academic endeavors and set them on the road to college from an early age. Aurora Collegiate Academy, Inc. is dedicated to this mission, striving to provide a strong educational foundation that will equip its students with the tools they need to thrive in their later years of education and beyond.
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Impact
October, 2024
Aurora Collegiate Academy Charter School plays a pivotal role in shaping the educational landscape for young students in Memphis, Tennessee. By focusing on students from kindergarten through fifth grade, the academy lays a solid foundation of knowledge, skills, and character essential for future success. The school's mission emphasizes preparing students for college preparatory middle and high schools, effectively starting their journeys toward higher education right from their earliest years.
The academy's commitment to education goes beyond academic achievement; it seeks to cultivate essential characteristics in its students, ensuring they not only excel academically but also develop the necessary personal attributes to thrive in diverse environments. Through a comprehensive curriculum and supportive learning environment, Aurora Collegiate Academy empowers students to envision a future that includes college, fostering aspirations that extend well beyond the classroom.
This approach not only benefits the individual students but also has a broader impact on the community by contributing to a more educated populace equipped to face the challenges of tomorrow. By investing in the educational journey of young learners, Aurora Collegiate Academy helps to build a brighter future for the entire Memphis community.
This information is meant to be a general summary of Aurora Collegiate Academy Charter School. 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 2023.
- Investment Income: $76,525
- Program Service Revenue: $82,827
- Gross Receipts: $5,137,072
Assets and Liabilities:
- Total Assets: $15,138,759
- Total Liabilities: $3,843,457
- Net Assets: $11,295,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION CHARGES
Revenue
$82,827
Organization Details
Founding Year
2017
Phone
(901) 249-4615Principal Officer
Grant Monda
Main Address
4841 SUMMER AVE, MEMPHIS, TN, 38122
Website
www.auroracollegiate.orgNTEE Category
Code: B24 - Education
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