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Joseph Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363245620 ✦ Melrose park, IL ✦ Designated as a 501(c)(3)

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Overview

What is Joseph Academy Inc?

Joseph Academy Inc is a nonprofit organization, located in Melrose Park, Illinois, specifically at 1100 N 22nd Ave. Their primary mission is to assist children and adolescents grappling with behavioral, emotional, and learning disorders. By providing them with the necessary social, academic, and vocational skills, Joseph Academy Inc aims to empower these young individuals to seamlessly reintegrate into society. With a team of 39 dedicated professionals, the organization strives to transform these young people into capable achievers. Their ultimate goal is to help these children overcome their challenges and thrive in their personal and professional lives.


Official website here: www.josephacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Joseph Academy Inc has received a Three-Star rating from Charity Navigator, which highlights its overall accountability and financial health. The high score in the accountability and finance category is primarily driven by its strong governance practices, including a fully independent board and comprehensive financial oversight. The charity excels in areas such as its conflict of interest policy, audit committee, and transparency in financial statements.

Despite these strengths, the organization has some limitations that impact its overall rating. Notably, it lacks a whistleblower policy, which is crucial for maintaining ethical standards and accountability. Additionally, while the charity shows a solid program expense ratio, its liabilities to assets ratio indicates potential financial concerns that need to be addressed.

Overall, Joseph Academy Inc demonstrates a commitment to ethical governance and financial responsibility, but the absence of certain policies and a concerning liabilities ratio suggest areas for improvement. Prospective donors may want to consider these factors when evaluating the organization's effectiveness and reliability.


This AI summary has been generated from information found on Charity Navigator.

Is Joseph Academy Inc legitimate?

Joseph Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joseph 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: $169,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,270,248

For more financial information, click here


Official website here: www.josephacademy.org

What is the mission statement of Joseph Academy Inc?

Joseph Academy Inc's mission is centered around assisting children and adolescents struggling with behavioral, emotional, and learning disorders. Their primary objective is to help these young individuals develop the necessary social, academic, and vocational skills required to thrive in society. The ultimate aim is to transform these young people into accomplished individuals who can seamlessly rejoin mainstream life. The academy provides a supportive environment where these children can grow and gain the confidence required to overcome their challenges. Their services extend beyond education, encompassing vocational training and employment assistance, with the ultimate goal of enabling these children to lead fulfilling, independent lives.


Official website here: www.josephacademy.org

Who is the CEO of Joseph Academy Inc?

Thomas Ratchford is the President of Joseph Academy Inc.


Official website here: www.josephacademy.org

What is the revenue of Joseph Academy Inc?

Joseph Academy Inc's revenue in 2022 was $1,939,952.


Official website here: www.josephacademy.org

Who are the executives of Joseph Academy Inc and what are their salaries?

The average compensation at Joseph Academy Inc during 2022 was $36,911. There are 39 employees and 8 volunteers at Joseph Academy Inc.


Here are 6 key members and their salaries:


Thomas C Ratchford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Espinoza (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Saydah (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Ellwanger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Maina Waithaka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Malek (Principal)
  • Compensation: $169,269
  • Related: $0
  • Other: $0


Official website here: www.josephacademy.org

Where can I find the form 990 for Joseph Academy Inc?

Joseph Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.josephacademy.org

Learn more at the official website: www.josephacademy.org

Mission Statement of Joseph Academy Inc

Joseph Academy Inc is dedicated to serving children and adolescents who struggle with behavioral, emotional, and learning disorders. Their mission is to help these young individuals develop the social, academic, and vocational skills necessary to function successfully in society. The ultimate goal of Joseph Academy Inc is to transform these young people into achievers, equipping them with the abilities to effectively re-enter mainstream life.

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Impact




October, 2024

Joseph Academy Inc has a profound impact on the lives of children and adolescents facing behavioral, emotional, and learning disorders. By providing tailored support and resources, the organization helps these young individuals develop essential social, academic, and vocational skills. This foundational approach not only empowers them to navigate their challenges but also enhances their ability to function successfully in society.

The ultimate goal of Joseph Academy Inc is to transform these young people into achievers who can effectively re-enter the mainstream, fostering independence and self-sufficiency. Through its comprehensive programs, the academy cultivates an environment where students can thrive, build confidence, and unlock their potential, thereby positively influencing their futures and the communities in which they live. In Melrose Park, Illinois, this commitment to developing capable, resilient individuals helps break down barriers and promotes inclusivity, ultimately benefiting society as a whole.




This information is meant to be a general summary of Joseph 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.

Revenue
$1,939,952 (2022)
Expenses
$2,341,708 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,933,846
  • Gross Receipts: $1,939,952

Assets and Liabilities:

  • Total Assets: $410,257
  • Total Liabilities: $570,217
  • Net Assets: -$159,960

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$1,918,313

OTHER

Revenue

$15,533

Organization Details

Founding Year

1982

Principal Officer

Thomas Ratchford

Main Address

1100 N 22ND AVE, MELROSE PARK, IL, 60160

NTEE Category

Code: B28Z - Education

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