Overview
What is Growing Minds Academy Inc?
Growing Minds Academy Inc, situated in Jacksonville, Florida, is a nonprofit organization spearheaded by Stephanie Cason. Their primary mission is to uplift children's lives by providing top-notch educational services. This mission is geared towards fostering a brighter future for today's children, ensuring they thrive and contribute positively to tomorrow's world. The academy's activities revolve around enhancing children's educational experiences, aiming to make a significant impact on their overall development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 35%, Zero-Star out of Four Star rating.
Growing Minds Academy Inc has received a low rating of 35% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization demonstrates strengths such as having a majority of independent board members and a solid conflict of interest policy, which reflects some level of governance integrity. However, the absence of a whistleblower policy and poor financial transparency are critical weaknesses that contribute to its low score.
Key financial metrics, such as the program expense ratio at only 22.54%, further highlight potential inefficiencies in resource allocation. Additionally, the organization received zero points for its financial statements and liabilities to assets ratio, suggesting a lack of clarity and stability in its financial health. While there are some positive governance elements, the overall financial performance and transparency issues raise concerns for potential donors and stakeholders.
Overall, while Growing Minds Academy Inc has established certain governance frameworks, the significant gaps in financial accountability and transparency present serious challenges that may affect its operational effectiveness and public trust. Donors are encouraged to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Growing Minds Academy Inc legitimate?
Growing Minds Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Growing Minds 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,428
For more financial information, click here
What is the mission statement of Growing Minds Academy Inc?
Growing Minds Academy's mission is centered around improving the lives of children through educational services. The organization strives to prepare the children of today for a more prosperous tomorrow. They are committed to enhancing the overall development and future prospects of the children they serve. While the specific details of their methods and strategies are not provided, it is clear that Growing Minds Academy is dedicated to making a positive impact on the lives of young learners.
What is the revenue of Growing Minds Academy Inc?
Growing Minds Academy Inc's revenue in 2024 was $539,552.
Who are the executives of Growing Minds Academy Inc and what are their salaries?
The average compensation at Growing Minds Academy Inc during 2024 was $20,039. There are 11 employees at Growing Minds Academy Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Growing Minds Academy Inc?
Growing Minds Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Growing Minds Academy Inc
Growing Minds Academy, a nonprofit organization, is dedicated to enhancing the lives of children by providing top-notch education services. Its mission is to shape the children of today into capable individuals for a brighter tomorrow. The academy strives to create a nurturing environment that fosters growth and development, ensuring a promising future for the young minds it serves. The vision of Growing Minds Academy is to contribute positively to society by equipping children with the necessary skills and knowledge to navigate the challenges of their tomorrow. The organization, led by Stephanie Cason, operates in Jacksonville, FL, but its impact transcends its physical location, reaching out to numerous children with its commitment to quality education.
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Impact
July, 2024
Growing Minds Academy Inc's impact is significant in enhancing the lives of children through education services. The academy, led by Stephanie Cason in Jacksonville, FL, works diligently towards preparing the children of today for a better tomorrow. Through its mission to enhance the children's potential, Growing Minds Academy is making meaningful contributions towards shaping a brighter future for the young generation.
This information is meant to be a general summary of Growing Minds 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 2024.
- Program Service Revenue: $252,060
- Gross Receipts: $539,552
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Principal Officer
Stephanie Cason
NTEE Category
Code: P33 - Human services
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