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The Headwaters 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: 363727667 ✦ Bozeman, MT ✦ Designated as a 501(c)(3)

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Overview

What is The Headwaters Academy Inc?

The Headwaters Academy Inc, located in Bozeman, Montana, is a private, independent middle school serving students in grades 6-8. Their mission is to nurture confident and capable learners and leaders for the evolving world, focusing on experiential learning, outdoor education, and field studies. The academy emphasizes developing students who possess strong independence, effective self-advocacy skills, wise decision-making abilities, and a solid set of personal values. With a workforce of 34 individuals, The Headwaters Academy Inc aims to foster well-rounded individuals, not just academically, but also in their personal growth.


Official website here: www.headwatersacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

The Headwaters Academy Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The overall score is based entirely on performance in this area, indicating a strong focus on maintaining responsible financial practices and transparency. An 80% score suggests that the organization is operating effectively and is committed to being accountable to its stakeholders.

Strengths include a fully independent board of directors with all eight members meeting independence criteria, which enhances governance and oversight. The organization has no material diversion of assets, and its financial policies, including conflict of interest and whistleblower protections, are well-documented. Furthermore, with a program expense ratio of approximately 69.53%, a significant portion of its funds is directed toward its programs, which is a positive indicator of mission focus.

However, while the overall financial health appears strong, the rating does not assess other important areas such as service effectiveness or community impact. Potential donors and stakeholders should consider looking into additional evaluations or reports for a more comprehensive view of the organization's overall effectiveness in achieving its mission.


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

Is The Headwaters Academy Inc legitimate?

The Headwaters Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Headwaters 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: $67,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $960,051

For more financial information, click here


Official website here: www.headwatersacademy.org

What is the mission statement of The Headwaters Academy Inc?

The Headwaters Academy Inc's mission is centered around developing well-rounded learners and leaders for the evolving world. Their approach focuses on cultivating confident individuals who exhibit independence, strong self-advocacy skills, and sound decision-making abilities. The academy also places importance on instilling a strong set of personal values in its students. The educational approach at The Headwaters Academy emphasizes experiential learning, outdoor education, and field studies, thereby fostering a holistic growth in its students.


Official website here: www.headwatersacademy.org

Who is the CEO of The Headwaters Academy Inc?

Michael J Halat is the President of The Headwaters Academy Inc.


Official website here: www.headwatersacademy.org

What is the revenue of The Headwaters Academy Inc?

The Headwaters Academy Inc's revenue in 2023 was $1,748,130.


Official website here: www.headwatersacademy.org

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

The average compensation at The Headwaters Academy Inc during 2023 was $30,234. There are 34 employees and 30 volunteers at The Headwaters Academy Inc.


Here are 9 key members and their salaries:


Julianne Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Cook (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Cunningham (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Halat (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Jaeger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Bartel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Macnichol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cate Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aimee Dendrinos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.headwatersacademy.org

Where can I find the form 990 for The Headwaters Academy Inc?

The Headwaters Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.headwatersacademy.org

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

Mission Statement of The Headwaters Academy Inc

The Headwaters Academy Inc, a renowned private independent middle school, is dedicated to nurturing confident and capable learners and leaders for the evolving world. Their mission is centered around fostering students who exhibit exceptional independence, strong self-advocacy skills, sound decision-making abilities, and a solid set of personal values. The academy places equal emphasis on the individual growth of its students as it does on their academic achievements.

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Impact




October, 2024

The Headwaters Academy Inc has a significant impact on the development of young learners in Bozeman, Montana, by fostering confidence and capability among students in grades 6-8. With a focus on experiential learning, outdoor education, and field studies, the academy creates a unique educational environment where students are encouraged to explore and engage with the world around them.

In this nurturing setting, learners develop essential life skills, including independence, self-advocacy, and effective decision-making. Through a curriculum that prioritizes personal growth alongside academic achievement, Headwaters Academy cultivates not only knowledgeable students but also responsible and ethical leaders prepared to navigate a changing world. The emphasis on strong personal values ensures that students emerge as well-rounded individuals, ready to contribute positively to their communities and beyond.




This information is meant to be a general summary of The Headwaters 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
$1,748,130 (2023)
Expenses
$2,016,237 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $82,930
  • Program Service Revenue: $1,339,275
  • Gross Receipts: $1,880,485

Assets and Liabilities:

  • Total Assets: $11,272,038
  • Total Liabilities: $92,849
  • Net Assets: $11,179,189

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Programs

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

TUITION AND FEES

Revenue

$1,339,275

Organization Details

Founding Year

1990

Principal Officer

Michael J Halat

Main Address

1005 W DURSTON RD, BOZEMAN, MT, 59715

NTEE Category

Code: B25Z - Education

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