Overview
What is Progeny Academy Inc?
Progeny Academy Inc, located in Brooklyn Center, Minnesota, is a dedicated nonprofit institution committed to providing a rigorous and authentic learning experience for its students. Utilizing the principles of the International Baccalaureate Programme (IB) and the Next Generation Science Standards (NGSS), the academy offers an inquiry-based curriculum. The school also prioritizes social-emotional learning, guiding students in understanding personal development, goal setting, and problem-solving, thereby fostering a safe and supportive learning environment. Progeny Academy Inc believes in the potential of all learners, acknowledging their unique profile of experiences and knowledge, and strives to create an individualized learning experience that challenges and supports them to meet or exceed academic standards, setting them up for success in secondary learning and beyond. The organization employs a team of 11 individuals.
Official website here: www.progenyacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)
Progeny Academy Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and financial practices, there are critical areas needing attention. The organization scored 100% in Accountability & Finance, highlighting its commitment to governance with an independent board and well-maintained financial oversight. However, the lack of essential policies such as a conflict of interest policy, whistleblower policy, and a document retention policy has contributed to its overall rating.
Financially, Progeny Academy shows promise with a high program expense ratio of 85.48%, reflecting a strong focus on programmatic spending. Despite this, the organization's liabilities to assets ratio of 97.84% raises concerns about its financial health and sustainability. The absence of the tax form on its website and the failure to meet documentation standards are additional areas noted for improvement.
Overall, while Progeny Academy Inc exhibits strengths in governance and program spending, the organization must address its policy deficiencies and financial liabilities to enhance its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Progeny Academy Inc legitimate?
Progeny Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Progeny 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $364,910
For more financial information, click here
Official website here: www.progenyacademy.org
What is the mission statement of Progeny Academy Inc?
Progeny Academy Inc's educational philosophy is centered around the belief that all students have the capability to learn and deserve access to rigorous academics, as well as the necessary social-emotional support to grow into well-rounded, lifelong learners. The school acknowledges that each student brings a unique profile of personal and academic experiences and knowledge to the learning environment. Therefore, Progeny Academy Inc strives to create an authentic and individualized learning experience for each student, challenging them to meet or exceed academic standards while providing the necessary support to develop the personal attributes required for success in secondary learning and beyond. The school's environment is designed to accurately identify strengths and areas requiring support, enabling a tailored approach to education that caters to each student's specific needs.
Official website here: www.progenyacademy.org
Who is the CEO of Progeny Academy Inc?
Nicole Nelson Director is the Community of Progeny Academy Inc.
Official website here: www.progenyacademy.org
What is the revenue of Progeny Academy Inc?
Progeny Academy Inc's revenue in 2022 was $1,436,989.
Official website here: www.progenyacademy.org
Who are the executives of Progeny Academy Inc and what are their salaries?
The average compensation at Progeny Academy Inc during 2022 was $33,174. There are 11 employees at Progeny Academy Inc.
Here are 5 key members and their salaries:
- Compensation: $39,517
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.progenyacademy.org
Where can I find the form 990 for Progeny Academy Inc?
Progeny Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.progenyacademy.org
Learn more at the official website: www.progenyacademy.org
Mission Statement of Progeny Academy Inc
Progeny Academy, an educational institution, is deeply committed to the belief that every student has the potential to learn and deserves the opportunity to engage in rigorous academics. The school understands that each learner brings a unique profile of personal and academic experiences and knowledge to the classroom. Recognizing this, Progeny Academy strives to create a school environment that can accurately identify strengths and areas requiring support, thereby fostering an authentic and individualized learning experience. This approach challenges and supports students to meet or exceed academic standards, while also helping them develop the personal attributes necessary for success in secondary learning and beyond. The school's mission is to empower students to become well-rounded, lifelong learners.
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Impact
July, 2024
Progeny Academy Inc's impact lies in its commitment to providing a rigorous and authentic learning environment that is grounded in the principles of the International Baccalaureate Programme and the Next Generation Science Standards. The school focuses on not only academic excellence but also on delivering a relevant social and emotional learning program to guide students in understanding development, goal setting, and problem-solving.
By believing that all students have the capability to learn and deserve access to rigorous academics and social-emotional support, Progeny Academy creates a safe and supportive learning environment for all learners. The personalized approach to education, which aims to pinpoint strengths and areas requiring support for each student, ensures that learners are challenged and supported to meet or exceed academic standards and develop the attributes needed for success in secondary education and beyond.
The impact of Progeny Academy Inc is evident in the individual growth and development of its students, equipping them with the necessary tools to excel academically and socially, setting them on a path for lifelong learning and success in the future.
This information is meant to be a general summary of Progeny 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 2022.
- Gross Receipts: $1,436,989
Assets and Liabilities:
- Total Assets: $642,753
- Total Liabilities: $747,530
- Net Assets: -$104,777
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Organization Details
Founding Year
2017
Phone
(763) 325-9150Principal Officer
Nicole Nelson Director
Main Address
5929 BROOKLYN BLVD, BROOKLYN CENTER, MN, 55429
Website
www.progenyacademy.orgNTEE Category
Code: B20 - Education
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