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Global Academy

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

EIN: 300417217 ✦ New brighton, MN ✦ Designated as a 501(c)(3)

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Overview

What is Global Academy?

Global Academy is a nonprofit organization established in October 2007, located in New Brighton, Minnesota. It is authorized by the University of St. Thomas and follows the guidelines of the International Baccalaureate Organization. The school serves a diverse group of students and is dedicated to fostering leadership and success in challenging high school programs. During the 2021-2022 academic year, Global Academy had 436 enrolled students. The organization, which employs 79 individuals, is committed to community service and aims to prepare its students for future academic and leadership endeavors.


Official website here: www.globalacademy.us

What are the reviews and ratings of this charity?

**: 2 Stars (Needs Improvement)**ent)**

Global Academy has received a Two-Star out of Four Star rating from Charity Navigator, signifying a need for improvement primarily in its accountability and finance practices. The overall score of 70% reflects strengths in financial oversight, such as a strong audit committee and appropriate whistleblower policies. However, the presence of only two independent board members and a concerning liabilities-to-assets ratio suggest structural weaknesses that may affect governance and financial sustainability.

While the organization excels in program expense ratio, directing nearly 90% of its expenses to programs, the limited number of independent board members raises questions about its governance. The lack of evaluations in impact, culture, and leadership adaptability further diminishes the charity's overall evaluation and indicates areas where transparency could be enhanced.

User reviews from GreatNonprofits are not available, leaving an absence of individual experiences and perspectives about the organization. This gap indicates that potential donors and volunteers may benefit from seeking additional information about Global Academy through other channels before deciding to engage with the nonprofit.


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

Is Global Academy legitimate?

Global Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global 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: $894,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,118,849

For more financial information, click here


Official website here: www.globalacademy.us

What is the mission statement of Global Academy?

Global Academy, a free chartered public elementary and middle school, is dedicated to serving a diverse group of students. The institution is inspired by the goals of the International Baccalaureate Organization and is committed to service in the broader world. Empowered by rigorous academics, graduates of Global Academy are fully equipped to succeed and assume leadership roles in challenging high school programs. The school's mission is to prepare students for a future that demands adaptability and resilience, shaping them into global citizens with a strong sense of responsibility and service.


Official website here: www.globalacademy.us

Who is the CEO of Global Academy?

Emily Fisher is the Board Chair/Teacher of Global Academy.


Official website here: www.globalacademy.us

What is the revenue of Global Academy?

Global Academy's revenue in 2022 was $9,474,801.


Official website here: www.globalacademy.us

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

The average compensation at Global Academy during 2022 was $50,802. There are 79 employees and 25 volunteers at Global Academy.


Here are 12 key members and their salaries:


Helen Fisk (School Director)
  • Compensation: $165,102
  • Related: $0
  • Other: $36,829
Melissa Storbakken (Assistant Director)
  • Compensation: $133,345
  • Related: $0
  • Other: $21,880
Susan Eltawely (Treasurer/Teacher)
  • Compensation: $75,274
  • Related: $0
  • Other: $29,711
Rachel Enderlin (Former Secretary/Teacher)
  • Compensation: $69,257
  • Related: $0
  • Other: $30,925
Emily Fisher (Board Chair/Teacher)
  • Compensation: $64,798
  • Related: $0
  • Other: $31,505
Kim Fields (Board Member/Teacher)
  • Compensation: $77,977
  • Related: $0
  • Other: $17,918
Kate Larson (Board Member/Teacher)
  • Compensation: $72,608
  • Related: $0
  • Other: $19,710
Eric Langsev (Former Board Chair/Teacher)
  • Compensation: $76,124
  • Related: $0
  • Other: $14,704
Dannika Wright (Secretary/Teacher)
  • Compensation: $65,254
  • Related: $0
  • Other: $13,718
Stephanie Klauer (Board Member/Teacher)
  • Compensation: $59,908
  • Related: $0
  • Other: $13,201
Hafsa Abubakar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sawsan Natsheh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.globalacademy.us

Where can I find the form 990 for Global Academy?

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


Official website here: www.globalacademy.us

Learn more at the official website: www.globalacademy.us

Mission Statement of Global Academy

Global Academy, a free, chartered public elementary and middle school, is dedicated to serving a diverse group of students. This institution is motivated by the goals of the International Baccalaureate Organization and is committed to fostering service in the broader world. The mission of Global Academy is to prepare its students for success and leadership in challenging high school programs. This is achieved through an academic rigor that equips its graduates with the necessary skills to thrive in more advanced educational settings.

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Impact




October, 2024

Global Academy prepares students for success and leadership in challenging high school programs, fostering a diverse and inclusive educational environment. Since its inception in October 2007, it has provided quality education to its students, with an enrollment of 436 students during the fiscal year 2021-2022. Operating in New Brighton, MN, and authorized by the University of St. Thomas, Global Academy is committed to maintaining academic rigor while embracing the principles of the International Baccalaureate Organization.

The school's mission emphasizes service in the broader world, equipping students with the skills and knowledge necessary to navigate and excel in diverse educational settings. By focusing on both academic excellence and personal growth, Global Academy empowers its graduates to confidently face the challenges of higher education and become future leaders. Through its dedicated approach to education, the academy has a significant impact on its students, setting them on a path towards meaningful contributions to their communities.




This information is meant to be a general summary of Global 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
$9,474,801 (2022)
Expenses
$8,834,285 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $102,832
  • Program Service Revenue: $19,937
  • Gross Receipts: $9,892,660

Assets and Liabilities:

  • Total Assets: $4,734,311
  • Total Liabilities: $7,341,375
  • Net Assets: -$2,607,064

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Programs

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

MEDICAL ASSISTANCE

Revenue

$16,655

FEES FROM PATRONS

Revenue

$3,282

Organization Details

Founding Year

2006

Principal Officer

Emily Fisher

Main Address

3000 5TH STREET NW, NEW BRIGHTON, MN, 55112

NTEE Category

Code: B29 - Education

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