Overview
What is Cyber Village Academy Inc?
Cyber Village Academy Inc, situated in Minneapolis, Minnesota, is a nonprofit organization dedicated to providing comprehensive educational services to students in grades K through 12. With an estimated 258 students served during the fiscal year 2022, the academy aims to prepare its students for the evolving world. Emphasizing academic rigor, integrity, self-reliance, and compassion, Cyber Village Academy fosters inquiring, knowledgeable, caring, and active citizens. With a workforce of 70 dedicated individuals, the academy offers a multitude of resources to help its students navigate the challenges of the modern world.
Official website here: www.cybervillageacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Stars)
Cyber Village Academy Inc has received a Two-Star rating from Charity Navigator, indicating that while there are strengths in their accountability and financial practices, there are significant areas for improvement. The organization excels in its program expense ratio, allocating a substantial 84.49% of its resources towards programs, which is a positive indicator of its commitment to mission-driven activities.
However, the organization faces challenges in governance, particularly regarding board independence and missing essential policies. With only 44% of board members being independent and the absence of a whistleblower and document retention policy, there are concerns about transparency and oversight. Additionally, the liabilities to assets ratio is notably high at 145.24%, suggesting potential financial instability.
Overall, while Cyber Village Academy Inc demonstrates a strong focus on programmatic spending, the lack of key governance policies and high liability levels highlight the need for enhanced accountability and risk management practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Cyber Village Academy Inc?
100% of reviewers on Facebook recommend Cyber Village Academy Inc. Here is a summary of their reviews:
The feedback highlights a strong sense of safety and comfort among parents and students at Cyber Village Academy. One reviewer expressed their decision to switch to the school was driven by the feeling of security it provides, indicating that the environment is supportive and caring.
Overall, it appears that this nonprofit successfully meets the needs of its community by creating a positive and welcoming atmosphere for its students. The consensus reflects high satisfaction, particularly regarding safety and the quality of the educational experience.
This AI summary has been generated from reviews found on Facebook.
Is Cyber Village Academy Inc legitimate?
Cyber Village Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cyber Village 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: $448,110
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,579,601
For more financial information, click here
Official website here: www.cybervillageacademy.org
What is the mission statement of Cyber Village Academy Inc?
Cyber Village Academy Inc's mission statement is centered around preparing students in grades K to 12 to navigate a rapidly evolving world with confidence. They strive to foster inquiring, knowledgeable, compassionate, and active citizens who appreciate academic rigor, integrity, self-reliance, and empathy. The educational institution aims to equip its students with the necessary skills to meet the challenges of the future.
Official website here: www.cybervillageacademy.org
What is the revenue of Cyber Village Academy Inc?
Cyber Village Academy Inc's revenue in 2023 was $4,035,431.
Official website here: www.cybervillageacademy.org
Who are the executives of Cyber Village Academy Inc and what are their salaries?
The average compensation at Cyber Village Academy Inc during 2023 was $32,186. There are 63 employees and 20 volunteers at Cyber Village Academy Inc.
Here are 10 key members and their salaries:
- Compensation: $115,948
- Related: $0
- Other: $15,032
- Compensation: $67,211
- Related: $0
- Other: $11,919
- Compensation: $56,214
- Related: $0
- Other: $10,002
- Compensation: $56,854
- Related: $0
- Other: $5,164
- Compensation: $52,961
- Related: $0
- Other: $8,877
- Compensation: $46,455
- Related: $0
- Other: $5,247
- 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.cybervillageacademy.org
Where can I find the form 990 for Cyber Village Academy Inc?
Cyber Village Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cybervillageacademy.org
Learn more at the official website: www.cybervillageacademy.org
Mission Statement of Cyber Village Academy Inc
Cyber Village Academy, a nonprofit organization, is dedicated to preparing students in grades K to 12 for the evolving world with confidence. This is achieved by fostering inquiring, knowledgeable, caring, and proactive citizens who appreciate the significance of academic rigor, integrity, self-reliance, and compassion. The academy's mission is to deliver an educational program and additional educational services to its students, aiming to equip them with the necessary skills to navigate the ever-changing world with confidence and resilience. During the fiscal year ending June 30, 2022, Cyber Village Academy served approximately 258 students, demonstrating its commitment to providing quality education to its student body.
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Impact
July, 2024
Cyber Village Academy Inc plays a crucial role in shaping the lives of students in grades K to 12 by providing them with a comprehensive education. With a mission to prepare students to face the ever-evolving challenges of the world with confidence, the academy instills values such as academic rigor, integrity, self-reliance, and compassion in its students. By serving around 258 students during the fiscal year ended June 30, 2022, Cyber Village Academy Inc positively impacts the local community in Minneapolis, MN, by nurturing inquiring, knowledgeable, caring, and active citizens. Through its focus on education, the academy contributes to the development of well-rounded individuals who are equipped to succeed in a rapidly changing world.
This information is meant to be a general summary of Cyber Village 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 2023.
- Investment Income: $6,459
- Program Service Revenue: $18,990
- Gross Receipts: $4,035,431
Assets and Liabilities:
- Total Assets: $3,839,295
- Total Liabilities: $5,234,055
- Net Assets: -$1,394,760
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student Program Fees
Revenue
$9,989
Food Service
Revenue
$9,001
Organization Details
Founding Year
1997
Principal Officer
Nicole Rasmussen
Website
www.cybervillageacademy.orgNTEE Category
Code: B24 - Education
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