Overview
What is Midwest Academy Inc?
Midwest Academy Inc, located in Carmel, Indiana, is a dedicated nonprofit organization serving students in grades 3-12 with ADD/ADHD, language-based learning differences, high-functioning autism, and processing challenges. The institution's mission is to foster academic achievement, self-acceptance, and personal accountability in its students. It provides an engaging, small-scale educational environment and delivers an inspiring, progressive curriculum with a strong emphasis on holistic child development. With a staff of 39 individuals, Midwest Academy Inc strives to create a supportive learning atmosphere that caters to the unique needs of its students.
Official website here: www.mymidwestacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Midwest Academy Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance with an overall score of 82%. The rating indicates that the organization is effectively managing its financial resources, demonstrated by a high program expense ratio of 74.16%, which suggests that a significant portion of its funds is directed towards its mission-related activities.
Strengths of the organization include a fully independent board, which enhances governance, and strong scores in areas such as financial oversight and material asset management. The absence of any reported asset diversions and a low liabilities to assets ratio further indicate a stable financial footing. However, the organization faces some limitations due to missing policies, including conflict of interest and whistleblower policies, as well as a lack of documentation regarding board meeting minutes.
These gaps in policy documentation and transparency may raise concerns about governance practices within the organization. While the financial metrics are strong, addressing these issues could enhance trust and improve overall accountability, potentially leading to a higher rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Midwest Academy Inc legitimate?
Midwest Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest 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: $295,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $994,998
For more financial information, click here
Official website here: www.mymidwestacademy.org
What is the mission statement of Midwest Academy Inc?
Midwest Academy Inc's mission is centered around providing an engaging educational environment for its students, particularly those with ADD/ADHD, language-based learning differences, high-functioning autism, and processing challenges. The school offers a progressive curriculum and fosters a culture that prioritizes the holistic development of each child, focusing on academic achievement, self-acceptance, and personal accountability. The small-sized setting allows for individualized attention and support, ensuring every student has the opportunity to thrive.
Official website here: www.mymidwestacademy.org
Who is the CEO of Midwest Academy Inc?
Jon Davis is the President of Midwest Academy Inc.
Official website here: www.mymidwestacademy.org
What is the revenue of Midwest Academy Inc?
Midwest Academy Inc's revenue in 2022 was $2,313,465.
Official website here: www.mymidwestacademy.org
Who are the executives of Midwest Academy Inc and what are their salaries?
The average compensation at Midwest Academy Inc during 2022 was $33,102. There are 39 employees and 7 volunteers at Midwest Academy Inc.
Here are 9 key members and their salaries:
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- Compensation: $178,648
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- Other: $36,936
- Compensation: $59,582
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- Other: $3,050
Official website here: www.mymidwestacademy.org
Where can I find the form 990 for Midwest Academy Inc?
Midwest Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mymidwestacademy.org
Learn more at the official website: www.mymidwestacademy.org
Mission Statement of Midwest Academy Inc
Midwest Academy Inc, an educational community, is dedicated to providing a nurturing environment for students in grades 3-12 who grapple with conditions such as ADD/ADHD, language-based learning differences, high-functioning autism, and processing challenges. The institution's mission is centered around offering a small, engaging educational setting, an inspiring progressive curriculum, and a culture that fosters the holistic development of each child. This approach aims to cultivate academic achievement, self-acceptance, and personal accountability in its students.
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Impact
October, 2024
Midwest Academy Inc significantly impacts the educational experience of students in grades 3-12 facing various learning challenges such as ADD/ADHD, language-based learning differences, high-functioning autism, and processing difficulties. By providing a small and engaging educational setting, the academy fosters an environment tailored to individual needs, ensuring that each student can thrive both academically and personally.
The inspiring progressive curriculum is designed to engage students actively, encouraging a love for learning and intellectual curiosity. This approach not only helps students achieve academic success but also supports their journey toward self-acceptance and personal accountability. With a strong emphasis on holistic development, students at Midwest Academy are equipped not only with knowledge but also with essential life skills they need for future success.
The culture at Midwest Academy is centered around understanding and supporting the unique strengths and challenges of each child, creating a community where students feel valued and understood. This nurturing atmosphere promotes confidence and resilience, empowering students to overcome obstacles and pursue their aspirations. In essence, Midwest Academy Inc transforms the lives of its students by creating an intentional educational community that champions their growth and development.
This information is meant to be a general summary of Midwest 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 2022.
- Investment Income: $1,338
- Program Service Revenue: $1,819,588
- Gross Receipts: $2,459,297
Assets and Liabilities:
- Total Assets: $4,939,872
- Total Liabilities: $976,645
- Net Assets: $3,963,227
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT TUITION AND OT
Revenue
$1,714,248
SGO TUITION ASSISTANCE
Revenue
$105,340
Organization Details
Founding Year
1996
Phone
(317) 843-9500Principal Officer
Jon Davis
Main Address
1420 CHASE COURT, CARMEL, IN, 46032
Website
www.mymidwestacademy.orgNTEE Category
Code: Z99Z - Unknown
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