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Global Village 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: 275192761 ✦ Parma, OH ✦ Designated as a 501(c)(3)

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Overview

What is Global Village Academy Inc?

Global Village Academy Inc, situated in Parma, Ohio, operates as a public community school within the state's educational system. Established in 2011-2012, the school operates under a charter contract with the Portage County Educational Service Center. The academy is dedicated to fostering cross-cultural understanding, encouraging students to become knowledgeable, self-motivated, and critically thinking global citizens. It offers an additional hour of language instruction per day in Ukrainian and Spanish, starting from kindergarten, alongside the state-mandated core curriculum. With a focus on diversity, the academy aims to prepare its students to actively participate in both local and global communities.


Official website here: www.globalvillageacademy.net

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star Rating

Global Village Academy Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 77% based entirely on accountability and finance metrics. This rating indicates that the organization demonstrates a strong commitment to financial transparency and responsibility, which is crucial for building trust with donors and stakeholders.

The organization excels in several key areas, including having a robust audit and oversight committee, no material diversion of assets, and comprehensive policies on conflict of interest and document retention. Additionally, it maintains a healthy program expense ratio of 84.43%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs, which is a positive sign of its operational effectiveness.

However, the rating is predominantly focused on financial aspects, and while the scores are commendable, there is limited information on program impact and outcomes. Future assessments could benefit from a more detailed evaluation of how effectively Global Village Academy Inc achieves its mission and the tangible benefits it provides to its community.


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

Is Global Village Academy Inc legitimate?

Global Village Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Village 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: $1,228,102
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.globalvillageacademy.net

What is the mission statement of Global Village Academy Inc?

Global Village Academy Inc's mission is centered around fostering a cross-cultural understanding among its students. This aim is to equip them with the ability to actively participate as citizens in both global and local communities. The academy encourages its students to become knowledgeable, self-motivated, and critically thinking individuals. Through its curriculum, it promotes cultural diversity and prepares students for active global citizenship. The academy offers language instruction in additional languages, such as Ukrainian and Spanish, starting from kindergarten, in addition to the state-mandated core curriculum.


Official website here: www.globalvillageacademy.net

Who is the CEO of Global Village Academy Inc?

Oleh Holowatyj is the Director of Global Village Academy Inc.


Official website here: www.globalvillageacademy.net

What is the revenue of Global Village Academy Inc?

Global Village Academy Inc's revenue in 2022 was $2,628,424.


Official website here: www.globalvillageacademy.net

Who are the executives of Global Village Academy Inc and what are their salaries?

There 10 volunteers at Global Village Academy Inc.


Here are 7 key members and their salaries:


Roman Fedkiv (Director)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Ed Muffet (Vice President)
  • Compensation: $1,375
  • Related: $0
  • Other: $0
Russell White Ii (Director)
  • Compensation: $1,375
  • Related: $0
  • Other: $0
Christopher Zgrabik (President)
  • Compensation: $500
  • Related: $0
  • Other: $0
Dr George Jaskiw (Director)
  • Compensation: $1,125
  • Related: $0
  • Other: $0
Oleh Holowatyj (Principal)
  • Compensation: $96,387
  • Related: $0
  • Other: $0
Cathleen Nych (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0


Official website here: www.globalvillageacademy.net

Where can I find the form 990 for Global Village Academy Inc?

Global Village Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.globalvillageacademy.net

Learn more at the official website: www.globalvillageacademy.net

Mission Statement of Global Village Academy Inc

Global Village Academy, a community school, has a mission to foster a cross-cultural understanding among its students. This mission aims to empower the students to actively participate as citizens of both a global and local community. The academy encourages its students to become knowledgeable, self-motivated, and critically thinking individuals. To achieve this, Global Village Academy offers language instruction in two languages, Ukrainian and Spanish, starting from kindergarten through the 6th grade, in addition to the state-mandated core curriculum. By doing so, the academy seeks to promote a global perspective among its students, preparing them for active participation in a diverse world.

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Impact




October, 2024

Global Village Academy Inc has made a significant impact by fostering cross-cultural understanding among its students. The school emphasizes the importance of preparing children to engage actively as citizens in both global and local communities. By integrating language instruction in Ukrainian and Spanish into its curriculum, Global Village Academy enhances the educational experience of its students, enriching their understanding of different cultures and perspectives.

Since opening in the 2011-2012 school year, the school has created an environment that encourages knowledge, self-motivation, and critical thinking. With a focus on comprehensive education that includes state-mandated core subjects alongside language studies, students develop essential skills that are crucial for success in an increasingly interconnected world.

With 132 students benefiting from daily language instruction, Global Village Academy not only enriches their academic journey but also prepares them to navigate and contribute to a diverse society. This commitment to cultural education equips students with the tools to embrace diversity, enhancing their ability to interact and cooperate with individuals from various backgrounds. The school's impact extends beyond academic achievement; it shapes well-rounded individuals capable of fostering unity and understanding in their communities.




This information is meant to be a general summary of Global Village 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
$2,628,424 (2022)
Expenses
$2,012,710 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,548
  • Program Service Revenue: $255,957
  • Gross Receipts: $2,628,424

Assets and Liabilities:

  • Total Assets: $1,681,042
  • Total Liabilities: $0
  • Net Assets: $1,681,042

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Programs

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

STUDENT FEES

Revenue

$86,138

MISCELLANEOUS
FOOD SERVICE

Revenue

$169,819

Organization Details

Founding Year

2011

Principal Officer

Oleh Holowatyj

Main Address

5720 STATE ROAD, PARMA, OH, 44134

NTEE Category

Code: B29 - Education

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