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Paideia Academy

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

EIN: 432035326 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Paideia Academy?

Paideia Academy is a nonprofit institution located at 10825 Yarnell Road, Knoxville, Tennessee 37932. With a mission to provide a Christian, classical education, it serves approximately 259 enrolled students. The organization's team consists of 88 dedicated individuals who strive to deliver quality education to their students. The academy's educational approach emphasizes classical teachings, offering a unique learning environment that combines faith and academics.


Official website here: www.paideiaknoxville.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Stars

Paideia Academy received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. The organization benefits from having an entirely independent board, which is a positive sign for governance. However, it lacks financial statements and essential policies such as conflict of interest, whistleblower, and document retention, which are critical for transparency and accountability.

Financially, Paideia Academy demonstrates a good program expense ratio of 84.52%, suggesting that a significant portion of funds is directed towards its programs. The liabilities to assets ratio stands at 54.79%, which indicates a reasonable level of financial stability. Despite these strengths, the absence of required documentation and policies raises questions about the organization’s commitment to financial transparency.

In summary, while Paideia Academy has several strengths in governance and program funding, the lack of key financial documentation and policies significantly impacts its overall rating. Prospective donors and stakeholders may want to consider these limitations when evaluating the nonprofit's reliability and transparency.


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

Is Paideia Academy legitimate?

Paideia Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paideia 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: $73,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,431,069

For more financial information, click here


Official website here: www.paideiaknoxville.org

What is the mission statement of Paideia Academy?

Paideia Academy's mission is centered around providing a Christian, classical education to its enrolled students. This mission is meticulously carried out, as evidenced by the approximately 259 students who are part of this educational journey. The organization's approach to education is deeply rooted in Christian values and classical learning methods, aiming to foster a holistic development of its students. The Academy's commitment to its mission extends beyond just imparting knowledge, as it seeks to instill values and foster a love for learning in its students.


Official website here: www.paideiaknoxville.org

Who is the CEO of Paideia Academy?

Randy Sadler is the Chairman of Paideia Academy.


Official website here: www.paideiaknoxville.org

What is the revenue of Paideia Academy?

Paideia Academy's revenue in 2023 was $2,689,931.


Official website here: www.paideiaknoxville.org

Who are the executives of Paideia Academy and what are their salaries?

The average compensation at Paideia Academy during 2023 was $17,098. There are 88 employees and 5 volunteers at Paideia Academy.


Here are 7 key members and their salaries:


Mark Hamilton (Headmaster)
  • Compensation: $110,305
  • Related: $0
  • Other: $0
William D Carr (Head Of Scho)
  • Compensation: $73,587
  • Related: $0
  • Other: $0
Robert Arritt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Clapp (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel T Mcilrath (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Sadler (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Woldt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.paideiaknoxville.org

Where can I find the form 990 for Paideia Academy?

Paideia Academy's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.paideiaknoxville.org

Learn more at the official website: www.paideiaknoxville.org

Mission Statement of Paideia Academy

Paideia Academy, as the name suggests, is an educational institution that is deeply committed to providing a Christian and classical education to its enrolled students. This organization's mission is to foster an educational environment that aligns with Christian values, while also incorporating classical teaching methods. The primary focus of Paideia Academy is on the students who are enrolled there, approximately 259 in total. The organization strives to instill a love for learning and a strong moral foundation in each student, thereby equipping them with the necessary tools for success in their future endeavors.

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Impact




July, 2024

Paideia Academy's impact lies in providing a Christian, classical education to approximately 259 enrolled students in Knoxville, TN. Through its mission to offer this specialized education, Paideia Academy is shaping the hearts and minds of its students, equipping them with a foundation built on faith and intellectual rigor. This unique approach to education not only benefits the individual students but also has the potential to influence the broader community by fostering well-rounded individuals who are grounded in their beliefs and equipped with a strong academic foundation.




This information is meant to be a general summary of Paideia 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
$2,689,931 (2023)
Expenses
$2,791,975 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,015
  • Program Service Revenue: $2,408,651
  • Gross Receipts: $2,689,931

Assets and Liabilities:

  • Total Assets: $5,103,711
  • Total Liabilities: $2,796,811
  • Net Assets: $2,306,900

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Programs

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

TUITION & PROGRAM

Revenue

$2,335,800

APPLICATION FEE

Revenue

$29,125

AFTER SCHOOL PROGRAM

Revenue

$9,778

RENT

Revenue

$9,225

ATHLETIC PROGRAM

Revenue

$8,400

Organization Details

Founding Year

2004

Principal Officer

Randy Sadler

Main Address

10825 YARNELL ROAD, KNOXVILLE, TN, 379322438

NTEE Category

Code: B20 - Education

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