Overview
What is Forest Ridge Academy Inc?
Forest Ridge Academy Inc, located in Schererville, Indiana, is a nonprofit organization dedicated to providing accredited educational services for preschoolers to eighth graders. Their mission is multifaceted, aiming to instill a passion for learning, cultivate global awareness, and foster leadership, while upholding strong values. This is achieved through a challenging curriculum and encouragement of community service. The academy, with a team of 56 dedicated individuals, strives to create an inclusive learning environment that nurtures the holistic development of its students.
Official website here: www.fra.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Forest Ridge Academy Inc receives a Three-Star rating from Charity Navigator, with an overall score of 81%. This rating is solely based on its Accountability & Finance metrics, indicating a strong emphasis on responsible financial management. The organization demonstrates a commitment to transparency and governance, as evidenced by its independent board members and the absence of any material diversion of assets.
The organization scores particularly well in several key areas, including a perfect score for having 100% independent board members and maintaining a low liabilities to assets ratio. Additionally, it has established policies regarding conflicts of interest and whistleblowing, which further enhance its accountability to stakeholders. The program expense ratio of approximately 75% indicates that a significant portion of its resources is directed towards its core mission.
While the financial metrics reflect a solid structure, the overall rating suggests there may be room for improvement in other areas not emphasized in the current data. However, the strong Accountability & Finance score underscores the organization's dedication to responsible management and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Forest Ridge Academy Inc legitimate?
Forest Ridge Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest Ridge 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: $0
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Other Salaries and Wages: $1,832,040
For more financial information, click here
Official website here: www.fra.edu
What is the mission statement of Forest Ridge Academy Inc?
Forest Ridge Academy Inc's mission is centered around providing accredited educational services for students from preschool to eighth grade. The academy aims to foster a passion for learning, global awareness, and leadership among its students. This is achieved through a challenging curriculum and encouragement of service to humanity. The institution's mission is also geared towards instilling strong values in its students, making it a comprehensive and holistic educational experience.
Official website here: www.fra.edu
Who is the CEO of Forest Ridge Academy Inc?
Michelle Wainwright is the President of Forest Ridge Academy Inc.
Official website here: www.fra.edu
What is the revenue of Forest Ridge Academy Inc?
Forest Ridge Academy Inc's revenue in 2023 was $3,654,677.
Official website here: www.fra.edu
Who are the executives of Forest Ridge Academy Inc and what are their salaries?
The average compensation at Forest Ridge Academy Inc during 2023 was $32,715. There are 56 employees and 14 volunteers at Forest Ridge Academy Inc.
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- Compensation: $147,573
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Official website here: www.fra.edu
Where can I find the form 990 for Forest Ridge Academy Inc?
Forest Ridge Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fra.edu
Learn more at the official website: www.fra.edu
Mission Statement of Forest Ridge Academy Inc
Forest Ridge Academy Inc, committed to providing accredited educational services, aims to foster a passion for learning, global awareness, and leadership among its students from preschool to eighth grade. The institution strives to instill strong values in its students through a challenging curriculum and encourages service to humanity. By doing so, Forest Ridge Academy Inc seeks to inspire its learners, preparing them for a future that emphasizes understanding and respect for diverse cultures and the importance of leadership.
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Impact
October, 2024
Forest Ridge Academy Inc makes a significant impact by providing accredited educational services for students from preschool through eighth grade. Its focus on inspiring a passion for learning encourages students to develop a lifelong love of education. The curriculum is designed to challenge young minds while nurturing global awareness and leadership skills. By instilling strong values and promoting service to humanity, the academy cultivates a generation of well-rounded individuals prepared to make meaningful contributions to society. Located in Schererville, Indiana, Forest Ridge Academy serves as a beacon of educational excellence and character development in the community.
This information is meant to be a general summary of Forest Ridge 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $30,623
- Program Service Revenue: $2,304,430
- Gross Receipts: $3,740,750
Assets and Liabilities:
- Total Assets: $5,473,755
- Total Liabilities: $839,389
- Net Assets: $4,634,366
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$2,090,973
AUXILIARY ACTIVITIES
Revenue
$213,457
Organization Details
Founding Year
1982
Phone
(219) 750-9426Principal Officer
Michelle Wainwright
Main Address
7300 FOREST RIDGE DRIVE, SCHERERVILLE, IN, 46375
Website
www.fra.eduNTEE Category
Code: B240 - Education
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