Overview
What is Harmony School Corporation?
Harmony School Corporation, situated in Bloomington, Indiana, is a dedicated nonprofit organization with a mission to educate and prepare young individuals for living and contributing in a diverse democratic nation. They achieve this by nurturing the holistic development of their students through the cultivation of critical thinking and academic skills. With a workforce of 53 dedicated individuals, Harmony School Corporation fosters an environment that empowers young people to thrive in a heterogeneous society.
Official website here: www.harmonyschool.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 77%, Three-Star out of Four Star rating.
Harmony School Corporation has received a Three-Star rating, indicating a relatively strong performance in accountability and finance. The organization scored highly in areas such as program expense ratio and fundraising efficiency, demonstrating effective use of resources and a commitment to its mission. Additionally, it has a robust liquidity position, with a working capital ratio of 6.23 years, suggesting financial stability.
However, there are notable areas for improvement. The organization lacks some essential governance policies, including a whistleblower policy and a document retention and destruction policy, which reflects a gap in transparency and accountability. Furthermore, although the board includes a majority of independent members, the overall size of independent board members was minimal, which could impact the diversity of perspectives in governance.
Overall, while Harmony School Corporation demonstrates strong financial health and effective program implementation, addressing the governance deficiencies and enhancing board independence could further strengthen its operations and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Harmony School Corporation?
98% of 35 reviewers on Facebook recommend Harmony School Corporation. Here is a summary of their reviews:
Many graduates express pride in their time at Harmony, highlighting how well the school prepared them for life's challenges. Parents echo this sentiment, sharing positive experiences about their children currently attending the school, emphasizing the strong sense of community and support.
Overall, the sentiment surrounding Harmony School Corporation is overwhelmingly positive. The connection and familial atmosphere foster a nurturing environment for students, making it a favored choice among families.
This AI summary has been generated from reviews found on Facebook.
Is Harmony School Corporation legitimate?
Harmony School Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harmony School Corporation 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: $982,265
For more financial information, click here
Official website here: www.harmonyschool.org
What is the mission statement of Harmony School Corporation?
Harmony School Corporation's mission is focused on educating and preparing young individuals for life in a diverse democratic society. This is achieved by fostering the holistic development of students, emphasizing the importance of critical thinking and academic skills. By doing so, the school aims to equip students with the necessary tools to contribute positively to their community and country.
Official website here: www.harmonyschool.org
What is the revenue of Harmony School Corporation?
Harmony School Corporation's revenue in 2024 was $1,417,127.
Official website here: www.harmonyschool.org
Who are the executives of Harmony School Corporation and what are their salaries?
The average compensation at Harmony School Corporation during 2024 was $19,645. There are 50 employees and 100 volunteers at Harmony School Corporation.
Here are 3 key members and their salaries:
- Compensation: $71,973
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.harmonyschool.org
Where can I find the form 990 for Harmony School Corporation?
Harmony School Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.harmonyschool.org
Learn more at the official website: www.harmonyschool.org
Mission Statement of Harmony School Corporation
Harmony School Corporation, a nonprofit institution, is devoted to educating and preparing young individuals to thrive in and contribute to a diverse democratic nation. This is achieved by fostering the holistic development of students, emphasizing the importance of critical thinking and academic skills. By cultivating these abilities, Harmony School Corporation aims to equip its students with the necessary tools to navigate and contribute positively to the heterogeneous landscape of their future country.
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Impact
October, 2024
Harmony School Corporation significantly impacts the community by empowering young people with the skills and knowledge necessary to thrive in a diverse democratic society. Its mission focuses on developing the whole student, emphasizing critical thinking and academic skills that are essential for effective participation in civic life. Through its educational programs, Harmony School promotes inclusivity and prepares students to engage meaningfully within their communities, fostering a generation of informed, thoughtful, and responsible citizens. Located in Bloomington, Indiana, the institution plays a vital role in shaping an educational landscape that values not just academic achievement, but also social awareness and personal growth. By nurturing students in this holistic manner, Harmony School contributes to the development of a more just and equitable society.
This information is meant to be a general summary of Harmony School Corporation. 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 2024.
- Investment Income: $194,001
- Program Service Revenue: $1,144,304
- Gross Receipts: $1,417,127
Assets and Liabilities:
- Total Assets: $10,014,398
- Total Liabilities: $6,351
- Net Assets: $10,008,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$627,116
NATIONAL SCHOOL REFORM
Revenue
$293,070
STUDENT ACTIVITY FEES
Revenue
$224,118
Organization Details
Founding Year
1983
Principal Officer
Steve Bonchek
Website
www.harmonyschool.orgNTEE Category
Code: B25 - Education
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