Overview
What is Oak City Academy?
Oak City Academy is a nonprofit organization located in Garner, North Carolina, specifically at 5029 Glen Creek Trail, 27529. Its primary mission is to offer a classical, Christian education to the urban community, catering to students from pre-kindergarten to twelfth grade. The academy follows a modified classical educational curriculum, aiming to ensure that all students perform at or above their grade level in standardized testing. During the current year, a total of 202 students benefited from this educational approach, demonstrating the academy's success in its mission. With a dedicated workforce of 40 employees, Oak City Academy continues to make a positive impact on the lives of inner city youth in Raleigh, North Carolina.
Official website here: www.oakcityacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
Oak City Academy has been given a 69% rating by Charity Navigator, which translates to a Two-Star rating. This score reflects the organization's accountability and finance practices, indicating that while there are strengths, there are also significant areas that require improvement, particularly in financial transparency.
The organization has demonstrated a strong commitment to governance, with 100% independent board members and a solid conflict of interest policy in place. Additionally, they have a high program expense ratio of 84.90%, showing that a large portion of their expenses is directed towards their programs. However, they received a notably low score for financial statements, receiving no points for this aspect, which raises concerns about their financial reporting practices.
Despite these limitations, Oak City Academy does not display any material diversion of assets, and their whistleblower and document retention policies are currently missing, which could pose risks in terms of accountability. Overall, while the organization shows some positive attributes, the significant gaps in transparency and financial document availability could affect donor trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Oak City Academy legitimate?
Oak City Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak City 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: $84,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $772,055
For more financial information, click here
Official website here: www.oakcityacademy.org
What is the mission statement of Oak City Academy?
Oak City Academy's mission is to offer a classical, Christian education to the urban community, catering to students from pre-kindergarten through twelfth grade. This educational institution is committed to ensuring that each student performs at or above their grade level in standardized testing, utilizing a modified classical curriculum. During the current year, the academy served a total of 202 students, providing educational services in Raleigh, North Carolina, for both elementary and middle school students.
Official website here: www.oakcityacademy.org
Who is the CEO of Oak City Academy?
Danny Breed is the Headmaster/D of Oak City Academy.
Official website here: www.oakcityacademy.org
What is the revenue of Oak City Academy?
Oak City Academy's revenue in 2022 was $1,431,170.
Official website here: www.oakcityacademy.org
Who are the executives of Oak City Academy and what are their salaries?
The average compensation at Oak City Academy during 2022 was $21,416. There are 40 employees and 20 volunteers at Oak City Academy.
Here are 4 key members and their salaries:
- Compensation: $81,750
- Related: $0
- Other: $2,850
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oakcityacademy.org
Where can I find the form 990 for Oak City Academy?
Oak City Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oakcityacademy.org
Learn more at the official website: www.oakcityacademy.org
Mission Statement of Oak City Academy
Oak City Academy, a nonprofit organization, is committed to delivering a classical, Christian education to the urban community. Specifically, it serves students from preschool to twelfth grade. The academy's mission is to ensure that every student, from the earliest stages of their education through high school, receives an education that positions them at or above their grade level in standardized testing. The academy's modified classical educational curriculum aims to provide a solid foundation in knowledge and skills, preparing its students for success in their future endeavors. During the current year, 202 students benefited from the academy's educational services, demonstrating the impact and reach of Oak City Academy's mission.
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Impact
October, 2024
Oak City Academy has made a significant impact on the urban community in Raleigh, North Carolina, by delivering a classical, Christian education to students in grades Pre-K through 12. By serving 202 students, the academy has fostered an environment where inner-city youth can thrive academically and personally.
Through a modified classical educational curriculum, Oak City Academy ensures that students not only meet but often exceed grade-level expectations in standardized testing. This approach reinforces a commitment to educational excellence, equipping students with the knowledge and skills necessary for their future endeavors.
The impact extends beyond academics, as the focus on Christian principles helps cultivate character and values among the students, supporting their overall development. By providing quality education in a nurturing environment, Oak City Academy plays a pivotal role in empowering the next generation, opening doors to brighter futures for families and the broader community.
This information is meant to be a general summary of Oak City 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.
- Program Service Revenue: $1,397,347
- Gross Receipts: $1,431,170
Assets and Liabilities:
- Total Assets: $1,535,901
- Total Liabilities: $323,617
- Net Assets: $1,212,284
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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
$1,274,319
FIELD TRIPS
Revenue
$123,028
Organization Details
Founding Year
2009
Phone
(919) 815-7742Principal Officer
Danny Breed
Main Address
5029 GLEN CREEK TRAIL, GARNER, NC, 27529
Website
www.oakcityacademy.orgNTEE Category
Code: B20 - Education
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