Overview
What is Core Academy?
Core Academy is a nonprofit organization located in South Carolina. Its primary focus is to aid and assist South Carolina residents in rehabilitating their homes. This includes providing necessary support and resources for home renovations. Additionally, the organization extends its services to children within the state, offering them nutritious meals as part of its mission. Although there was no recorded activity in 2014, Core Academy remains committed to its goal of supporting home rehabilitation and nourishing children in its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (47%)
Core Academy has received a low score of 47%, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial practices. Notably, the organization lacks independent board members, which raises questions about governance and oversight. Furthermore, the absence of financial statements and required documentation on its website contributes to a lack of transparency.
Despite these shortcomings, Core Academy demonstrates strengths in its operational efficiency, boasting a program expense ratio of 89.93%. This suggests that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has established policies for conflict of interest, whistleblower protections, and document retention, which are positive indicators of its commitment to ethical practices.
However, the overall lack of independent oversight and transparency severely limits the perceived credibility of Core Academy. The absence of essential financial disclosures and meeting minutes may deter potential donors who prioritize accountability. Therefore, while the organization appears to effectively carry out its programs, improvements in governance and transparency are critical for building trust with stakeholders and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Core Academy legitimate?
Core Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Core 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Core Academy?
Core Academy's mission is centered around providing support and assistance in the rehabilitation of homes for local residents, while also offering nutritional meals to children. In essence, the organization aims to aid in the home improvement process for the community and ensure the well-being of children through healthy meals. During certain periods, the academy has extended its services to help residents rehabilitate their homes, demonstrating a commitment to community development and support. However, there seems to be no documented activities recorded for the year 2014.
Who is the CEO of Core Academy?
Joe Jackson Sr is the Director of Core Academy.
What is the revenue of Core Academy?
Core Academy's revenue in 2022 was $772,095.
Who are the executives of Core Academy and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Compensation: $0
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Where can I find the form 990 for Core Academy?
Core Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Core Academy
Core Academy, a nonprofit organization, is dedicated to supporting the community by offering nutritional meals to children residing within South Carolina. Beyond this, Core Academy also extends its assistance to certain residents in the rehabilitation of their homes. The organization's mission is to provide aid and support in the process of rehabilitating homes for South Carolina residents. This includes offering resources and assistance to help residents restore and improve their living spaces. In addition to its home rehabilitation efforts, Core Academy is committed to ensuring the well-being of children by providing them with nutritious meals. This dual focus on both home rehabilitation and nutritional support for children demonstrates Core Academy's dedication to strengthening and improving the lives of South Carolina residents.
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Impact
October, 2024
Core Academy has made a significant impact by providing nutritional meals to children in South Carolina, ensuring that young residents have access to healthy food options. In addition to addressing food insecurity, the organization plays a crucial role in supporting the rehabilitation of homes for local residents. By assisting families with home repairs and improvements, Core Academy helps to create safer and more stable living conditions. This dual focus on nutrition and home rehabilitation demonstrates a commitment to enhancing the well-being of children and families in the community, fostering both physical health and quality of life. Through these efforts, Core Academy is contributing to the overall resilience and vitality of South Carolina neighborhoods.
This information is meant to be a general summary of Core 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $772,095
Assets and Liabilities:
- Total Assets: $31,048
- Total Liabilities: $31,048
- Net Assets: $0
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Organization Details
Founding Year
2013
Phone
(803) 446-0116Principal Officer
Joe Jackson Sr
Main Address
8 SLEEPY HOLLOW LANE, Hopkins, SC, 29061
NTEE Category
Code: K12 - Food
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