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Bethany Christian Academy

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

EIN: 371786269 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Bethany Christian Academy?

Bethany Christian Academy is a nonprofit organization committed to collaborating with parents to deliver education that fosters biblical knowledge and instills a Christian worldview. Their mission is to cultivate an understanding of evangelical Christian values and principles in students, while simultaneously focusing on their moral character and providing high-quality academic education. The Academy offers educational services for students in grades K-12, ensuring their learning is rooted in Christian perspectives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

Bethany Christian Academy has received a low rating of 53% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has not demonstrated a sufficient level of independence on its board, with 0% independent members, which raises questions about governance and decision-making processes. Despite these concerns, it has managed to maintain a solid program expense ratio of 74.47%, reflecting a strong commitment to its mission.

However, the lack of essential policies such as a conflict of interest policy, whistleblower policy, and proper documentation regarding board meetings and financial transparency is notable. Additionally, the absence of its website on the tax form and the failure to post tax forms on its website further diminish its accountability. While the academy has no material diversion of assets, the overall governance structure appears weak, and transparency issues remain a significant limitation.

In summary, while Bethany Christian Academy is effectively utilizing funds for programming, major deficiencies in governance and transparency have led to its low rating. Prospective donors and supporters may want to consider these factors carefully when evaluating their support for the organization.


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

Is Bethany Christian Academy legitimate?

Bethany Christian Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Christian Academy 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: $331,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bethany Christian Academy?

Bethany Christian Academy's mission is centered around partnering with parents to impart biblical knowledge and instill a Christian worldview in students. The academy aims to foster an understanding of evangelical Christian values and principles, and to train students in moral character. Furthermore, it provides high-quality academic education, ensuring a comprehensive understanding from a Christian perspective. The academy's services cater to students from grades K-12, promoting learning with a Christian perspective throughout their educational journey.

Who is the CEO of Bethany Christian Academy?

Vitaliy Bak is the President of Bethany Christian Academy.

What is the revenue of Bethany Christian Academy?

Bethany Christian Academy's revenue in 2022 was $487,625.

Who are the executives of Bethany Christian Academy and what are their salaries?

There 20 volunteers at Bethany Christian Academy.


Here are 6 key members and their salaries:


Yuriy Grigoryev (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alina Kosovan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aleksandr Dorosh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olga Bodnar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aliona Bonar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vitaliy Bak (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bethany Christian Academy?

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

Mission Statement of Bethany Christian Academy

Bethany Christian Academy, a nonprofit organization, is committed to partnering with parents in educating students. Their mission revolves around instilling biblical knowledge and fostering a Christian worldview in the students. They aim to develop an understanding of evangelical Christian values and principles in the pupils, alongside training them in moral character. Furthermore, the academy provides quality academic education, ensuring that students gain a comprehensive understanding of these Christian principles. In essence, Bethany Christian Academy seeks to equip its students with both spiritual and intellectual tools, preparing them for their futures.

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Impact




July, 2024

Bethany Christian Academy impacts its community by partnering with parents to educate students in Bible knowledge and Christian worldview. They are committed to developing an understanding of evangelical Christian values and principles, training students in moral character, and providing quality academic education from a Christian perspective for grades K-12. Through their mission of education, Bethany Christian Academy instills values, shapes character, and equips students to navigate the world with a strong foundation rooted in faith and scholarship.




This information is meant to be a general summary of Bethany Christian Academy. 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
$487,625 (2022)
Expenses
$388,008 (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: $357,983
  • Gross Receipts: $487,625

Assets and Liabilities:

  • Total Assets: $104,424
  • Total Liabilities: -$9,149
  • Net Assets: $113,573

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Programs

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

TUITION

Revenue

$298,930

WITHDRAWAL FEE

Revenue

$793

OTHER SCHOOL ACTIVITIES

Revenue

$36,795

MUSIC

Revenue

$11,635

REIMBURSE REPAIRS MAINT

Revenue

$9,830

Organization Details

Founding Year

2015

Principal Officer

Vitaliy Bak

Main Address

2603 BROOKDALE DR, MINNEAPOLIS, MN, 55444

NTEE Category

Code: B20 - Education

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