Overview
What is Par Excellence Academy?
Par Excellence Stem Academy is a nonprofit institution located undisclosed, dedicated to fostering the intellectual growth of young individuals. Through innovative and engaging programs, the academy aims to support both children and their parents. Its primary mission is to cultivate health, harmony, and a spirit of service within its community while providing a solid educational foundation for families. The academy is dedicated to establishing a center of academic excellence, aiming to inspire and empower its students for a fulfilling life.
Official website here: www.par-excellence.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Par Excellence Academy has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement. The overall score of 70% is based entirely on a single beacon score, which reflects strong accountability and finance practices. Notably, the organization excels in having a fully independent board and strong financial oversight, with no material diversion of assets reported.
Despite these strengths, the organization faces significant challenges in financial management. The liabilities to assets ratio is concerning at 112.43%, and the negative working capital ratio of -0.17 years suggests potential liquidity issues. Additionally, the fundraising efficiency ratio is notably low at $0.00, indicating that the organization may struggle with generating funds for its programs.
In summary, while Par Excellence Academy demonstrates commendable accountability and finance practices, its financial ratios raise red flags that could impact its sustainability and overall mission effectiveness. Addressing these financial shortcomings will be crucial for improving its standing and ability to serve the community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Par Excellence Academy legitimate?
Par Excellence Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Par Excellence 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: $1,325,011
For more financial information, click here
Official website here: www.par-excellence.org
What is the mission statement of Par Excellence Academy?
Par Excellence Stem Academy's mission is centered around educating and inspiring young individuals from an early age. The academy achieves this through innovative and demanding programs and initiatives, which not only benefit the children but also their parents. The primary objective of Par Excellence Stem Academy is to foster health, harmony, and service, while simultaneously educating families for a lifelong journey. The academy is dedicated to establishing an academic center of excellence, aiming to provide a comprehensive and enriching learning experience for its students.
Official website here: www.par-excellence.org
Who is the CEO of Par Excellence Academy?
C David Massa is the Board Member of Par Excellence Academy.
Official website here: www.par-excellence.org
What is the revenue of Par Excellence Academy?
Par Excellence Academy's revenue in 2022 was $3,228,853.
Official website here: www.par-excellence.org
Who are the executives of Par Excellence Academy and what are their salaries?
The average compensation at Par Excellence Academy during 2022 was $25,981. There are 51 employees at Par Excellence Academy.
Here are 7 key members and their salaries:
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Official website here: www.par-excellence.org
Where can I find the form 990 for Par Excellence Academy?
Par Excellence Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.par-excellence.org
Learn more at the official website: www.par-excellence.org
Mission Statement of Par Excellence Academy
Par Excellence Academy, a renowned institution, is dedicated to educating and inspiring young individuals from a young age. Its mission is twofold: firstly, it aims to promote health and harmony among its students, and secondly, it strives to educate families for a lifelong journey. The academy is deeply committed to establishing an academic center of excellence, where children and parents can both benefit from innovative and challenging programs and initiatives. Par Excellence Stem Academy believes in fostering a sense of service among its students, encouraging them to contribute positively to their communities and the world at large.
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Impact
October, 2024
Par Excellence Academy significantly impacts the community by providing innovative educational programs that inspire and empower young people. By integrating health, harmony, and service into its curriculum, the academy fosters an environment that nurtures both children and their parents. Its initiatives not only enhance the academic experience but also promote family wellness and community engagement.
Located in Newark, Ohio, Par Excellence Academy is dedicated to establishing a center of academic excellence that encourages lifelong learning and personal growth. Through challenging programs, the academy equips students with critical skills and knowledge, preparing them for future success. The emphasis on service and community well-being further enriches the educational experience, cultivating a sense of responsibility and connection among families.
Overall, Par Excellence Academy is creating a transformative impact by prioritizing holistic development and family education, which builds a stronger, healthier community.
This information is meant to be a general summary of Par Excellence 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: $3,228,853
Assets and Liabilities:
- Total Assets: $4,168,891
- Total Liabilities: $4,660,233
- Net Assets: -$491,342
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Organization Details
Founding Year
2007
Phone
(740) 223-4407Principal Officer
C David Massa
Main Address
1350 Granville Road, Newark, OH, 43055
Website
www.par-excellence.orgNTEE Category
Code: B24 - Education
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