Overview
What is Higher Ground Academy?
Higher Ground Academy is a nonprofit institution located at 1381 Marshall Ave, St Paul, Minnesota, 55104. The Academy, serving approximately 1,020 students during the fiscal year ending June 30, 2022, is dedicated to fostering the intellectual and leadership growth of its students to meet the demands of the 21st century. By preparing students to become college-ready, stewards of the environment, and ethical citizens, the Academy aims to cultivate future leaders for their communities and careers. The mission of Higher Ground Academy is to establish a socially engaged, morally responsible, and ethnically diverse learning environment, fostering students' intellectual and leadership development to achieve high educational standards. The Academy employs a team of 213 individuals.
Official website here: www.hgacademy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating
Higher Ground Academy has received an impressive score of 88%, reflecting its strong accountability and finance practices. The rating is based solely on the Accountability & Finance score, indicating a commitment to transparency and responsible financial management. The nonprofit has maintained a fully independent board, with 85% of its members meeting this criterion, which enhances its governance standards.
The organization excels in several key areas, such as having no material diversion of assets and a well-documented conflict of interest policy. Additionally, it demonstrates effective oversight with a dedicated audit and oversight committee, contributing to its positive financial health. The program expense ratio is notably high at 83.66%, showing that a significant portion of its resources is directed towards its mission.
However, there are areas for improvement, particularly in the liabilities to assets ratio, which sits at 61.14%. While this indicates a manageable level of debt, it may suggest that the organization could work on strengthening its overall financial position. Overall, Higher Ground Academy demonstrates a solid commitment to governance and program delivery, making it a reputable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Higher Ground Academy legitimate?
Higher Ground Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Higher Ground 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: $252,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,499,320
For more financial information, click here
Official website here: www.hgacademy.org
What is the mission statement of Higher Ground Academy?
Higher Ground Academy is committed to fostering a socially engaged learning environment that values students as individuals and collectively. The institution strives to prepare students to become ethical and responsible citizens, ready for the challenges of the twenty-first century. Graduates of Higher Ground Academy are expected to be college-ready, environmentally conscious, and committed to hard work, honesty, integrity, equity, and diversity. The mission is to promote the intellectual and leadership development of students, enabling them to meet contemporary education standards and pursue further studies post-secondary and post-baccalaureate. Ultimately, the goal is to equip students with the necessary skills to assume leadership roles in their communities and professional fields.
Official website here: www.hgacademy.org
Who is the CEO of Higher Ground Academy?
Samuel Yigzaw is the Executive Director of Higher Ground Academy.
Official website here: www.hgacademy.org
What is the revenue of Higher Ground Academy?
Higher Ground Academy's revenue in 2022 was $19,599,738.
Official website here: www.hgacademy.org
Who are the executives of Higher Ground Academy and what are their salaries?
The average compensation at Higher Ground Academy during 2022 was $36,392. There are 213 employees and 20 volunteers at Higher Ground Academy.
Here are 8 key members and their salaries:
- Compensation: $197,334
- Related: $0
- Other: $24,926
- Compensation: $60,473
- Related: $0
- Other: $8,098
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hgacademy.org
Where can I find the form 990 for Higher Ground Academy?
Higher Ground Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hgacademy.org
Learn more at the official website: www.hgacademy.org
Mission Statement of Higher Ground Academy
Higher Ground Academy, a pioneering educational institution, is committed to fostering students into accomplished, ethical, and conscientious citizens, well-equipped to tackle the complexities of the twenty-first century. The academy aims to graduate students who are not only college-ready but also environmentally conscious and morally responsible individuals. Those who complete their education at Higher Ground Academy are instilled with a strong work ethic and a profound respect for honesty, integrity, equity, and diversity.
The academy strives to establish a vibrant, socially engaged learning community, cherishing students as individuals while recognizing their collective potential. By encouraging the intellectual and leadership development of its students, Higher Ground Academy prepares them to meet the rigorous standards of twenty-first century education and ultimately, to assume positions of leadership in their communities and respective fields. The ultimate goal is to produce graduates who are not only academically proficient but also socially responsible and culturally aware. In brief, Higher Ground Academy is dedicated to shaping the next generation of thoughtful, engaged, and ethical citizens.
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Impact
October, 2024
Higher Ground Academy has a significant impact on the educational landscape by preparing students to be successful, ethical, and responsible citizens. The Academy fosters an environment that emphasizes the importance of hard work, honesty, integrity, equity, and diversity. By focusing on maximum intellectual and leadership development, it equips students with the skills and knowledge necessary to meet the demands of the 21st century.
The Academy serves approximately 1,020 students annually, ensuring that each individual receives the support needed to thrive academically and socially. Graduates leave with a strong foundation, ready for post-secondary education and equipped to assume leadership roles within their communities and chosen fields. The Academy's commitment to creating a socially responsible and morally grounded learning environment enhances the growth of not only the students but also the wider community in St. Paul, MN. Through its concerted efforts, Higher Ground Academy cultivates a generation of leaders prepared to tackle contemporary challenges while contributing positively to society.
This information is meant to be a general summary of Higher Ground 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $926
- Program Service Revenue: $18,131,719
- Gross Receipts: $19,599,738
Assets and Liabilities:
- Total Assets: $16,745,157
- Total Liabilities: $11,635,139
- Net Assets: $5,110,018
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Federal and state sources
Revenue
$18,125,023
Other educational purposes
Revenue
$6,696
Organization Details
Founding Year
1997
Phone
(651) 645-1000Principal Officer
Samuel Yigzaw
Main Address
1381 Marshall Ave, St Paul, MN, 55104
Website
www.hgacademy.orgNTEE Category
Code: B25 - Education
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