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Putnam Academy Of Arts And Sciences Inc

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

EIN: 451079996 ✦ Palatka, FL ✦ Designated as a 501(c)(3)

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Overview

What is Putnam Academy Of Arts And Sciences Inc?

Putnam Academy of Arts and Sciences Inc is a nonprofit organization situated in Palatka, Florida. With a strong focus on values, the institution aims to foster a climate of honor, respect, and integrity through an established honor code. The school offers a comprehensive and rigorous curriculum that surpasses Florida's Next Generation and Core Curriculum standards, nurturing self-directed learners and decision-makers capable of both collaborative and independent learning. The school prioritizes reading and math success, aiming for improved standardized test scores and other measurements. To ensure safety, clear lines of communication and procedures are developed for all situations. The school also partners with parents to enhance student success, defining, teaching, and supporting appropriate student behaviors while rewarding positive actions. In 2022, the school served approximately 168 students, with the number increasing to 197 in 2021, catering to students in grades 6-8. The organization operates with a team of 23 employees, committed to providing a challenging, well-rounded educational experience that nurtures creative minds, critical thinkers, and ethical character.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 54% (One-Star out of Four Star rating)

Putnam Academy of Arts and Sciences Inc has received a low score of 54% from Charity Navigator, which translates to a One-Star rating. This rating reflects concerns regarding the organization’s financial health and expense management, particularly indicated by a high liabilities to assets ratio and a low program expense ratio. While the charity demonstrates strong governance practices, including a fully independent board and appropriate oversight, its financial performance raises significant questions.

The organization has strong accountability measures in place, such as a fully independent board and robust audit practices. It adheres to conflict of interest policies and maintains proper documentation of its board meetings and financial statements. However, the absence of a whistleblower policy is a noted gap in its governance framework. While these strengths contribute positively to its operations, they do not compensate for the financial challenges observed.

Overall, while Putnam Academy of Arts and Sciences Inc shows dedication to accountability and governance, its financial metrics and management of charitable funds require improvement. Potential donors and stakeholders may want to consider these factors when evaluating their support for the organization.


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

Is Putnam Academy Of Arts And Sciences Inc legitimate?

Putnam Academy Of Arts And Sciences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Putnam Academy Of Arts And Sciences 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: $1,155,983

For more financial information, click here

What is the mission statement of Putnam Academy Of Arts And Sciences Inc?

The Putnam Academy of Arts and Sciences Inc is committed to providing challenging, well-rounded educational opportunities in a safe and supportive environment. The institution fosters creative minds, critical thinkers, and ethical character. It is dedicated to the individual development of attitudes, skills, knowledge, and responsibility. The academy aims to establish a climate of honor, respect, and integrity by implementing an honor code to promote authentic learning. The curriculum is comprehensive and rigorous, meeting and exceeding the standards, enabling students to become self-directed learners and decision-makers, capable of both collaborative and independent learning. The academy is committed to reading and math success, striving for school-wide improvement in standardized test scores and other measurements. Safety is a priority, with clear lines of communication and procedures for all situations. The academy also forms a partnership with parents to enhance students' success, defining, teaching, and supporting appropriate student behaviors, reinforcing and rewarding positive behaviors. In 2022, the academy served approximately 168 students, and this number increased to 197 students in 2021, catering to grades 6-8.

Who is the CEO of Putnam Academy Of Arts And Sciences Inc?

Curtis Ellis is the President of Putnam Academy Of Arts And Sciences Inc.

What is the revenue of Putnam Academy Of Arts And Sciences Inc?

Putnam Academy Of Arts And Sciences Inc's revenue in 2022 was $3,201,235.

Who are the executives of Putnam Academy Of Arts And Sciences Inc and what are their salaries?

The average compensation at Putnam Academy Of Arts And Sciences Inc during 2022 was $50,260. There are 23 employees at Putnam Academy Of Arts And Sciences Inc.


Here are 11 key members and their salaries:


Virnstein Elisabeth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latta Diana (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricks Amy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellis Curtis (Principal)
  • Compensation: $113,750
  • Related: $0
  • Other: $0
Hughes Sharon (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wright Jarvis (Member)
  • Compensation: $611
  • Related: $0
  • Other: $0
Motl Lindsey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Browning Jay (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Davis Shirley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warwick Julia (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mcgahey Kelli (Parent Liaison)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Putnam Academy Of Arts And Sciences Inc?

Putnam Academy Of Arts And Sciences Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Putnam Academy Of Arts And Sciences Inc

Putnam Academy of Arts and Sciences Inc is dedicated to providing its students with challenging and well-rounded educational opportunities in a safe and supportive environment. The institution fosters creative minds, critical thinkers, and ethical character. Its mission is to individualize the development of students' attitudes, skills, knowledge, and responsibility. To achieve this, Putnam Academy establishes a climate of honor, respect, and integrity by implementing an honor code to promote authentic learning. The school develops a comprehensive and rigorous curriculum, surpassing Florida's Next Generation and Core Curriculum standards. This curriculum aims to equip students with the skills to become self-directed learners and decision-makers, capable of collaborative and independent learning.

Putnam Academy is committed to ensuring reading and math success by improving standardized test scores and other measurements. To ensure student and staff safety, the school establishes clear lines of communication and emergency procedures for all situations. Putnam Academy also prioritizes collaboration with parents to enhance their children's success. The school defines, teaches, and supports appropriate student behaviors, reinforcing and rewarding positive behavior. In 2022, the school served approximately 168 students, and in 2021, it served 197 students, catering to sixth, seventh, and eighth-grade students.

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Impact




July, 2024

Putnam Academy of Arts and Sciences Inc's impact can be seen in its dedication to providing challenging, well-rounded educational opportunities in a safe and supportive environment. The school fosters creative minds, critical thinkers, and ethical character, focusing on the individual development of attitudes, skills, knowledge, and responsibility.

By establishing an honor code to advance authentic learning, implementing a comprehensive and rigorous curriculum exceeding Florida's educational standards, and promoting self-directed learning, the academy enables students to become both collaborative and independent learners. Additionally, the school's commitment to improving standardized test scores and other measurements showcases its focus on academic excellence.

Furthermore, Putnam Academy of Arts and Sciences Inc prioritizes the safety of its students and staff through clear communication and procedures for all situations. The school also values the partnership with parents to enhance student success, defines, teaches, and supports appropriate student behaviors, and reinforces positive actions.

Overall, Putnam Academy of Arts and Sciences Inc's impact is evident in its holistic approach to education, creating a positive and enriching learning environment for its students in grades 6-8 in Palatka, Florida.




This information is meant to be a general summary of Putnam Academy Of Arts And Sciences 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.

Revenue
$3,201,235 (2022)
Expenses
$3,264,538 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14
  • Gross Receipts: $3,201,235

Assets and Liabilities:

  • Total Assets: $1,881,620
  • Total Liabilities: $1,272,496
  • Net Assets: $609,124

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Organization Details

Founding Year

2011

Principal Officer

Curtis Ellis

Main Address

310 S PALM AVE, PALATKA, FL, 32177

NTEE Category

Code: B24 - Education

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