Overview
What is Pride Academy Inc?
Pride Academy Inc, located in Indianapolis, Indiana, is a dedicated nonprofit organization with a mission to foster the growth and development of every child. With a team of five dedicated individuals, Pride Academy provides a nurturing environment where children can embark on their educational journey. The organization emphasizes the importance of love, care, and a healthy atmosphere, ensuring each child's social, motor, and comprehensive skills are developed. This holistic approach aims to equip children with the necessary skills to become successful, healthy, and productive individuals in society. Pride Academy's commitment extends beyond academics, focusing on teaching children essential social and life rules to help them function effectively in various settings.
Official website here: www.prideacademy317.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44%, Zero-Star out of Four Star Rating.
Pride Academy Inc has received a low overall score of 44%, resulting in a Zero-Star rating. The organization demonstrates strengths such as a fully independent board, with 90% of its members being independent, and it has appropriately conducted financial statements. However, significant weaknesses are noted, particularly in the areas of financial transparency and governance policies.
The organization has a high liabilities to assets ratio of 75.17%, which raises concerns about financial stability. Additionally, its program expense ratio is low at 27.21%, indicating that a smaller portion of its budget is allocated to its core programs compared to administrative and fundraising costs. Missing policies on conflict of interest, whistleblower protection, and document retention further diminish the organization's accountability.
Overall, while Pride Academy Inc benefits from a strong independent board and proper financial statement practices, its inadequate governance policies, low program spending, and high liabilities suggest the need for improvement to enhance its fiscal health and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Pride Academy Inc legitimate?
Pride Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pride 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: $156,956
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.prideacademy317.com
What is the mission statement of Pride Academy Inc?
Pride Academy Inc's mission is centered around the belief that every child has the right to a fulfilling childhood and the potential to thrive. To uphold this belief, the institution works diligently to create an enriching environment that fosters the development of each child's social, emotional, physical, and cognitive abilities. This holistic approach aims to equip children with the necessary skills to navigate society effectively and understand societal norms and rules. The academy also plays a role in facilitating learning and understanding of these social and life principles.
Official website here: www.prideacademy317.com
Who is the CEO of Pride Academy Inc?
Alisia Jackson is the Executive Director of Pride Academy Inc.
Official website here: www.prideacademy317.com
What is the revenue of Pride Academy Inc?
Pride Academy Inc's revenue in 2021 was $595,537.
Official website here: www.prideacademy317.com
Who are the executives of Pride Academy Inc and what are their salaries?
The average compensation at Pride Academy Inc during 2021 was $31,391. There are 5 employees and 45 volunteers at Pride Academy Inc.
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Official website here: www.prideacademy317.com
Where can I find the form 990 for Pride Academy Inc?
Pride Academy Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.prideacademy317.com
Learn more at the official website: www.prideacademy317.com
Mission Statement of Pride Academy Inc
Pride Academy Inc, a nonprofit organization, is deeply committed to the belief that every child has the right to a fulfilling childhood and the potential to thrive. In line with this belief, the institution strives to create an enriching environment that encourages the holistic development of each child. This development encompasses social, emotional, physical, and cognitive growth, enabling these children to function effectively in society and understand the rules that govern it. By providing such an environment, Pride Academy Inc aims to facilitate the learning and understanding of social and life norms, thereby equipping the children with the necessary tools to navigate their lives with confidence and success.
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Impact
July, 2024
Pride Academy Inc's impact is profound in equipping every child with the necessary knowledge and skills to kickstart their educational journey. By providing quality love, care, and a healthy environment, Pride Academy ensures that every child develops social, motor, and comprehensive skills essential for success, health, and productivity. Their mission to create a nurturing environment for children to enhance their social, emotional, physical, and cognitive abilities contributes significantly to preparing them for future societal integration.
This information is meant to be a general summary of Pride 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 2021.
- Investment Income: $3
- Program Service Revenue: $444,459
- Gross Receipts: $595,537
Assets and Liabilities:
- Total Assets: $194,952
- Total Liabilities: $146,561
- Net Assets: $48,391
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Reimbursement
Revenue
$90,146
Program Income
Revenue
$328,057
PAK Summer Camp
Revenue
$1,180
Child Care Tuition
Revenue
$21,165
Clothe A Child
Revenue
$3,911
Organization Details
Founding Year
2016
Phone
(317) 373-5183Principal Officer
Alisia Jackson
Main Address
5711 North Michigan Road, Indianapolis, IN, 46224
Website
www.prideacademy317.comNTEE Category
Code: B24 - Education
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