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Triumph 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: 320108413 ✦ Brigham city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Triumph Academy Inc?

Triumph Academy Inc., located in Brigham City, Utah, is a nonprofit organization with a mission to provide an individualized education for students who face both academic and emotional challenges. With a team of three dedicated individuals, Triumph Academy strives to create an environment where these students can flourish and succeed. The organization's focus is on catering to the unique needs of each student, ensuring they receive the support they require for both their academic growth and emotional well-being.


Official website here: www.triumphacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 66%)

Triumph Academy Inc has received a Two-Star rating, indicating that it needs improvement in several key areas of accountability and finance. The organization scored 66% overall, with particular deficiencies noted, such as having no independent board members and missing financial statements on its website. However, it does exhibit strong program expense ratios, dedicating 98.22% of its funds to program expenses, suggesting a commitment to its mission.

The organization has policies in place for conflict of interest, whistleblower protections, and document retention, which are favorable aspects of its governance. Additionally, it maintains transparency in its handling of material assets, scoring a perfect 10 out of 10 in that area. Despite these strengths, the lack of independent board members and the absence of financial statements raises concerns regarding the organization’s governance and financial oversight.

In summary, while Triumph Academy Inc demonstrates a strong commitment to its programmatic goals, it faces significant governance challenges that impact its rating. It is important for potential donors and stakeholders to consider these factors when evaluating the organization’s overall effectiveness and reliability.


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

Is Triumph Academy Inc legitimate?

Triumph Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triumph 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,858

For more financial information, click here


Official website here: www.triumphacademy.org

What is the mission statement of Triumph Academy Inc?

Triumph Academy Inc, as an organization, is dedicated to providing an individual education that caters to students with both academic and emotional needs. Their mission is to create an environment where these students can thrive and succeed successfully. They aim to serve these students effectively, understanding that their learning journey may require unique approaches due to their dual needs. This commitment to individualized education and student success is the core of Triumph Academy Inc's mission.


Official website here: www.triumphacademy.org

Who is the CEO of Triumph Academy Inc?

Sterling Lyman is the Trustee of Triumph Academy Inc.


Official website here: www.triumphacademy.org

What is the revenue of Triumph Academy Inc?

Triumph Academy Inc's revenue in 2022 was $1,552,473.


Official website here: www.triumphacademy.org

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

The average compensation at Triumph Academy Inc during 2022 was $48,619. There are 3 employees at Triumph Academy Inc.


Here are 6 key members and their salaries:


Lee Kilpack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Salazar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Young (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Humphries (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sterling Lyman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joette Hayden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.triumphacademy.org

Where can I find the form 990 for Triumph Academy Inc?

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


Official website here: www.triumphacademy.org

Learn more at the official website: www.triumphacademy.org

Mission Statement of Triumph Academy Inc

Triumph Academy, Inc., a nonprofit organization, is dedicated to providing an individual education that caters to students with both academic and emotional needs. The mission of this institution is to create an environment where these students can flourish and succeed. By offering a tailored educational approach, Triumph Academy, Inc. seeks to serve and support these students, enabling them to overcome their challenges and reach their full potential.

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Impact




October, 2024

Triumph Academy Inc significantly impacts the educational landscape by offering individualized education tailored to students with both academic and emotional needs. Based in Brigham City, UT, the organization creates an environment where these students can thrive and succeed. By focusing on the unique challenges faced by each student, Triumph Academy fosters a supportive learning atmosphere that promotes personal growth, academic achievement, and emotional well-being. This targeted approach not only enhances students' educational experiences but also equips them with the skills and confidence necessary for future success.




This information is meant to be a general summary of Triumph 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
$1,552,473 (2022)
Expenses
$1,501,032 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$622
  • Program Service Revenue: $1,378,677
  • Gross Receipts: $1,553,095

Assets and Liabilities:

  • Total Assets: $494,793
  • Total Liabilities: $229,485
  • Net Assets: $265,308

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$1,378,677

Organization Details

Founding Year

2003

Principal Officer

Sterling Lyman

Main Address

62 SOUTH 950 WEST, BRIGHAM CITY, UT, 84302

NTEE Category

Code: B20 - Education

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