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Academy Of Scholastic Achievement

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

EIN: 363738243 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Academy Of Scholastic Achievement?

The Academy of Scholastic Achievement is a nonprofit organization situated in Chicago, Illinois, specifically at 4651 W Madison. With a mission to cater to disadvantaged students who struggle with behavioral issues, it provides an alternative pathway for these individuals to accomplish their high school education. The organization offers a combination of educational and social services, ensuring that students not only complete their education but also receive essential counseling support. With a team of 21 dedicated individuals, the Academy of Scholastic Achievement is committed to fostering a supportive environment that allows these students to overcome challenges and thrive.


Official website here: www.asaschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

The Academy of Scholastic Achievement has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and financial health. The high scores indicate that the organization effectively manages its funds, with a program expense ratio of 89%, which underscores its commitment to using resources for its primary mission. Furthermore, the organization has a robust governance structure, with 100% of its board members being independent.

In addition to financial stability, the Academy demonstrates exceptional practices in collecting and utilizing feedback, scoring 100% in both areas. This suggests that the organization is responsive to the needs and opinions of its stakeholders, which is critical for continuous improvement. Policies concerning conflict of interest, whistleblower protections, and document retention are in place, ensuring transparency and ethical management.

Despite its strengths, the summary does not indicate any significant limitations or challenges facing the organization. Overall, the Academy of Scholastic Achievement stands out as a well-managed nonprofit dedicated to its educational mission, making it a trustworthy choice for potential donors.


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

Is Academy Of Scholastic Achievement legitimate?

Academy Of Scholastic Achievement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Scholastic Achievement 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,445,909

For more financial information, click here


Official website here: www.asaschool.org

What is the mission statement of Academy Of Scholastic Achievement?

The Academy of Scholastic Achievement's mission is centered around offering educational and social services. It aims to provide an alternative educational path for disadvantaged students who struggle with behavioral issues, enabling them to complete their high school education. Moreover, the organization offers social counseling services to these students, providing them with the necessary support to overcome their challenges and successfully navigate their academic journey.


Official website here: www.asaschool.org

Who is the CEO of Academy Of Scholastic Achievement?

Christin Smith is the President of Academy Of Scholastic Achievement.


Official website here: www.asaschool.org

What is the revenue of Academy Of Scholastic Achievement?

Academy Of Scholastic Achievement's revenue in 2022 was $2,338,419.


Official website here: www.asaschool.org

Who are the executives of Academy Of Scholastic Achievement and what are their salaries?

The average compensation at Academy Of Scholastic Achievement during 2022 was $68,853. There are 21 employees at Academy Of Scholastic Achievement.


Here are 6 key members and their salaries:


Nicole Simpson (Principal)
  • Compensation: $122,016
  • Related: $0
  • Other: $0
Gladys B Simpson (Chief Excutive Officer)
  • Compensation: $119,667
  • Related: $0
  • Other: $0
Donald Singleton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christin Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ortha Mccoy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawntae Harris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.asaschool.org

Where can I find the form 990 for Academy Of Scholastic Achievement?

Academy Of Scholastic Achievement's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.asaschool.org

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

Mission Statement of Academy Of Scholastic Achievement

The Academy of Scholastic Achievement is dedicated to offering educational and social services, specifically catering to disadvantaged students who struggle with behavioral issues. This nonprofit organization's mission is to provide an alternative educational pathway, enabling these students to complete their high school education. In addition to academic support, the Academy of Scholastic Achievement also offers social counseling services to help students overcome any challenges they may be facing. The goal is to empower these students and equip them with the necessary skills to successfully navigate their future.

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Impact




October, 2024

The Academy of Scholastic Achievement plays a vital role in empowering disadvantaged students facing behavioral challenges. By offering tailored educational opportunities, the academy helps these individuals complete their high school education, which is crucial for their future prospects. Beyond academics, the institution provides essential social counseling services that address personal challenges and promote overall well-being.

This dual approach not only supports students in achieving their educational goals but also equips them with the tools they need to navigate social and emotional difficulties. The academy fosters an environment where students can thrive, gaining confidence and skills that enable them to transition successfully into adulthood. In a city like Chicago, where many face systemic barriers, the academy's impact is profound, contributing to improved academic outcomes, reduced dropout rates, and enhanced life prospects for those it serves.




This information is meant to be a general summary of Academy Of Scholastic Achievement. 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
$2,338,419 (2022)
Expenses
$2,196,204 (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: $2,044,410
  • Gross Receipts: $2,338,419

Assets and Liabilities:

  • Total Assets: $987,749
  • Total Liabilities: $110,637
  • Net Assets: $877,112

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Programs

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

School Fees

Revenue

$8,921

Program Service Revenue

Revenue

$2,035,489

Organization Details

Founding Year

1978

Principal Officer

Christin Smith

Main Address

4651 W Madison, Chicago, IL, 60644

NTEE Category

Code: B28 - Education

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