Overview
What is The Academy Inc?
The Academy Inc, doing business as Connor Academy, is a not-for-profit institution situated in Chubbuck, Idaho. Serving more than 500 students from Kindergarten to 8th grade, Connor Academy operates as a free public charter school. Its primary focus lies in the realm of public education, providing a learning environment for its students. The academy is committed to its mission of offering quality education to its pupils.
Official website here: www.academycharter.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
The Academy Inc Dba Connor Academy has achieved an 85% rating from Charity Navigator, which reflects a strong performance in accountability and financial practices. The organization boasts a robust independent board structure with 100% independent members, ensuring transparent governance. It also scores well in financial statement audits, demonstrating efficiency and prudent management of resources.
Strengths include a high program expense ratio of 92.10%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs. The organization also adheres to best practices by maintaining a conflict of interest and whistleblower policy, alongside a transparent retention policy for important documents. These aspects contribute to a clear understanding of the organization's operations and commitment to integrity.
Despite its strong ratings, there may be areas for improvement not highlighted in the score. While the financial health and governance aspects are well-rated, potential donors and stakeholders might benefit from more detailed insight into specific programs and their impact, which could further enhance public trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is The Academy Inc legitimate?
The Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 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: $190,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,032,727
For more financial information, click here
Official website here: www.academycharter.net
What is the mission statement of The Academy Inc?
The Academy Inc, operating as Connor Academy, is dedicated to public education. Situated in an undisclosed location, Connor Academy serves over 500 students from Kindergarten to 8th grade as a free charter school. The school's mission lies in providing quality education, aiming to foster the growth and development of its students. While specific details about the school's objectives beyond basic public education are not provided, it is evident that Connor Academy is committed to shaping the future of its students through their educational programs.
Official website here: www.academycharter.net
Who is the CEO of The Academy Inc?
Joel Lovstedt is the Administrator of The Academy Inc.
Official website here: www.academycharter.net
What is the revenue of The Academy Inc?
The Academy Inc's revenue in 2023 was $5,961,044.
Official website here: www.academycharter.net
Who are the executives of The Academy Inc and what are their salaries?
The average compensation at The Academy Inc during 2023 was $27,110. There are 82 employees and 59 volunteers at The Academy Inc.
Here are 11 key members and their salaries:
- Compensation: $112,721
- Related: $0
- Other: $13,459
- Compensation: $78,156
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- Other: $9,332
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Official website here: www.academycharter.net
Where can I find the form 990 for The Academy Inc?
The Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.academycharter.net
Learn more at the official website: www.academycharter.net
Mission Statement of The Academy Inc
The Academy Inc Dba Connor Academy, as a public education institution, is committed to providing a free educational service to students from kindergarten through eighth grade. Its mission is to serve over 500 students in an inclusive and supportive environment, fostering their academic growth and personal development. Connor Academy is dedicated to delivering high-quality education, ensuring that each student receives the resources and opportunities necessary to thrive.
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Impact
July, 2024
The impact of The Academy Inc Dba Connor Academy is significant in the field of public education. By providing a free public charter school for over 500 students in Chubbuck, Idaho, from Kindergarten through 8th grade, Connor Academy is making a positive difference in the lives of these students and their families. Through its dedicated educational programs and resources, Connor Academy is shaping the future of hundreds of young individuals, equipping them with the knowledge and skills necessary for success. The institution's commitment to educational excellence helps empower students to reach their full potential and contribute meaningfully to society.
This information is meant to be a general summary of The 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: $370,697
- Gross Receipts: $5,961,044
Assets and Liabilities:
- Total Assets: $26,669,924
- Total Liabilities: $22,929,965
- Net Assets: $3,739,959
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Organization Details
Founding Year
2005
Phone
(208) 232-1447Principal Officer
Joel Lovstedt
Main Address
1295 Alpine Ave, Chubbuck, ID, 83202
Website
www.academycharter.netNTEE Category
Code: B29 - Education
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