Overview
What is Reach Leadership Academy?
Reach Leadership Academy is a college-focused elementary school that serves underprivileged youth, aiming to bridge socioeconomic, racial, and digital disparities. This nonprofit institution boasts a dedicated and highly trained teaching staff, committed to preparing its students for higher education and equipping them to meet the demands of a global society. The organization aims to develop confident, articulate leaders who will utilize their experiences and education to foster positive changes within their communities and beyond.
Official website here: www.reachroyals.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 92%, Four-Star out of Four Stars **tar rating**
Reach Leadership Academy has earned a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. With a focus on independent governance, the organization boasts a fully independent board and has no adverse findings regarding asset diversion. Their financial practices are robust, highlighted by an impressive audit score, and they maintain transparency through accessible documentation, including tax forms and board meeting minutes.
User feedback from GreatNonprofits was not available for this organization. However, the financial metrics suggest Reach Leadership Academy is effectively directed towards program expenses, utilizing approximately 84% of its budget in this area. This indicates a commitment to investing in its programs rather than administrative costs, which can be a strong point in its favor.
While there are many organizational strengths noted, including clear operational policies and a strong financial oversight framework, there may be further scrutiny needed in areas like liabilities to assets, which are noted but not scored. Continuous improvement in impact and community engagement metrics will be essential for their future growth and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Reach Leadership Academy legitimate?
Reach Leadership Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reach Leadership 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: $316,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,118,287
For more financial information, click here
Official website here: www.reachroyals.org
What is the mission statement of Reach Leadership Academy?
Reach Leadership Academy is an elementary school dedicated to bridging socioeconomic, racial, and digital divides for underserved youth. With a committed and highly trained teaching staff, the academy aims to prepare its students for success in college and equip them to meet the demands of a global society. The organization's mission is to develop confident and articulate leaders who will leverage their life experiences and education to foster positive changes in their lives and communities, extending beyond their immediate surroundings. The academy's mission is centered around providing an inclusive and empowering education that equips students with the skills and mindset to make meaningful contributions to society.
Official website here: www.reachroyals.org
Who is the CEO of Reach Leadership Academy?
Virgie Rentie is the CEO of Reach Leadership Academy The CEO's salary of Reach Leadership Academy is $175,546 and their total compensation is $209,691.
Official website here: www.reachroyals.org
What is the revenue of Reach Leadership Academy?
Reach Leadership Academy's revenue in 2024 was $10,952,404.
Official website here: www.reachroyals.org
Who are the executives of Reach Leadership Academy and what are their salaries?
The average compensation at Reach Leadership Academy during 2024 was $56,607. There are 96 employees and 25 volunteers at Reach Leadership Academy.
Here are 12 key members and their salaries (Reach Leadership Academy's CEO's salary is $175,546 and their total compensation is $209,691):
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- Compensation: $175,546
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- Other: $34,145
- Compensation: $130,000
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- Compensation: $116,615
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- Other: $22,273
- Compensation: $125,000
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- Other: $23,875
Official website here: www.reachroyals.org
Where can I find the form 990 for Reach Leadership Academy?
Reach Leadership Academy's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.reachroyals.org
Learn more at the official website: www.reachroyals.org
Mission Statement of Reach Leadership Academy
Reach Leadership Academy, a college preparatory elementary school, is committed to bridging the socioeconomic, racial, and digital divide for underserved youth. With a passionate and highly trained teaching staff, the organization aims to prepare its students for success in higher education and equip them to meet the demands of a global society. Reach Leadership Academy is dedicated to fostering confident, articulate leaders who will utilize their life experiences and education to create positive changes in their own lives, as well as in their communities and beyond. The academy's mission is to provide a supportive learning environment that allows every student to reach their full potential and become active contributors to society.
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Impact
July, 2024
Reach Leadership Academy's impact is evident in the transformation of underserved youth's lives through its dedication to bridging the socioeconomic, racial, and digital divide. By providing a college preparatory education, the academy equips students with the tools and skills necessary to succeed in higher education and thrive in a global society. The highly trained teaching staff at Reach Leadership Academy is committed to developing confident and articulate leaders who will make positive changes in their communities and beyond. The academy's mission to empower students and break barriers is shaping a generation of future leaders who will contribute meaningfully to society.
This information is meant to be a general summary of Reach Leadership 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $217
- Program Service Revenue: $56,147
- Gross Receipts: $10,952,404
Assets and Liabilities:
- Total Assets: $3,288,376
- Total Liabilities: $818,163
- Net Assets: $2,470,213
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITIES
Revenue
$30,355
AFTERSCHOOL PROGRAM
Revenue
$25,792
Organization Details
Founding Year
2011
Principal Officer
Trayci Nelson
Website
www.reachroyals.orgNTEE Category
Code: B29 - Education
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