Overview
What is Hutson School Inc?
Hutson School Inc, also known as Fortune Academy, is a nonprofit institution located in Indianapolis, Indiana. It serves as an independent day school for children with learning disabilities, catering to students from grades K through 12. The school's mission is to foster each child's development, leveraging their individual strengths while providing targeted remediation in their areas of weakness. The school's dedicated workforce of 49 employees strives to create an environment that nurtures each child's growth, ensuring they can reach their full potential.
Official website here: www.thefortuneacademy.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 74%, Two-Star out of Four Star rating.
Hutson School Inc, doing business as Fortune Academy, has received a Two-Star rating primarily due to its 74% overall score, indicating some areas of strength but also significant room for improvement. The organization excels in board independence, with 100% of board members being independent, and it maintains a solid liabilities to assets ratio. Additionally, it has a commendable program expense ratio, indicating that a majority of funds are directed towards its programs.
However, the charity faces notable limitations, particularly in its financial transparency. It has not made financial statements available, which significantly affects its accountability score. Moreover, the absence of a whistleblower policy is a concerning gap in governance practices. Addressing these weaknesses may enhance its overall rating and public trust in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Hutson School Inc legitimate?
Hutson School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hutson School 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: $153,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,195,638
For more financial information, click here
Official website here: www.thefortuneacademy.org
What is the mission statement of Hutson School Inc?
Hutson School Inc, operating under the name Fortune Academy, is committed to providing an educational environment that fosters the growth and development of students with language learning disabilities. The school's mission is to acknowledge and leverage each child's individual strengths while offering remedial support in areas of weakness. The primary goal is to create an atmosphere that nurtures their overall development, ensuring they can thrive academically.
Official website here: www.thefortuneacademy.org
Who is the CEO of Hutson School Inc?
Jonathon Elliott is the Principal Officer of Hutson School Inc.
Official website here: www.thefortuneacademy.org
What is the revenue of Hutson School Inc?
Hutson School Inc's revenue in 2022 was $2,636,305.
Official website here: www.thefortuneacademy.org
Who are the executives of Hutson School Inc and what are their salaries?
The average compensation at Hutson School Inc during 2022 was $27,540. There are 49 employees and 15 volunteers at Hutson School Inc.
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- Compensation: $80,290
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- Compensation: $74,265
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Official website here: www.thefortuneacademy.org
Where can I find the form 990 for Hutson School Inc?
Hutson School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefortuneacademy.org
Learn more at the official website: www.thefortuneacademy.org
Mission Statement of Hutson School Inc
Hutson School Inc, doing business as Fortune Academy, is committed to creating an educational environment that fosters the growth and development of its students. This independent day school caters to pupils in grades K through 12 who are grappling with language learning disabilities. The mission of Hutson School Inc Dba Fortune Academy is twofold. Firstly, it aims to nurture each child's development, allowing them to build upon their individual strengths. Secondly, it offers remedial support in areas where the children may be experiencing weaknesses. By providing a tailored learning environment, Hutson School Inc Dba Fortune Academy strives to empower its students, helping them overcome their language learning challenges and thrive academically.
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Impact
October, 2024
Hutson School Inc significantly impacts the community by providing a specialized educational environment tailored for students in grades K through 12 who have language learning disabilities. By focusing on nurturing each child's development, the school emphasizes both the individual strengths of its students and targeted remediation in areas of weakness. This dual approach not only enhances academic skills but also fosters self-esteem and confidence among students.
Located in Indianapolis, Hutson School creates a supportive atmosphere where children can thrive, encouraging their growth not just as learners, but as individuals. The school's commitment to personalized education opens pathways for success that might otherwise be inaccessible, catering specifically to the unique needs of its students. Ultimately, Hutson School Inc plays a vital role in empowering children with learning disabilities, equipping them for a brighter future.
This information is meant to be a general summary of Hutson School 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: $1,018
- Program Service Revenue: $2,014,441
- Gross Receipts: $2,657,618
Assets and Liabilities:
- Total Assets: $3,190,296
- Total Liabilities: $838,940
- Net Assets: $2,351,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT TUITION AND FE
Revenue
$1,813,540
STUDENT ACTIVITIES
Revenue
$200,901
Organization Details
Founding Year
2000
Phone
(317) 377-0544Principal Officer
Jonathon Elliott
Main Address
5626 LAWTON LOOP EAST DR, INDIANAPOLIS, IN, 46216
Website
www.thefortuneacademy.orgNTEE Category
Code: B20 - Education
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