Overview
What is Zion Christian Academy Foundation?
Zion Christian Academy Foundation is a nonprofit organization established to secure the long-term financial stability of Zion Christian Academy, a private, not-for-profit school situated in Columbia, Tennessee. The foundation's primary objectives include building an endowment of $5 million by 2022 and raising funds for capital improvements. To accomplish these goals, the foundation offers grants to the school, primarily for administrative fees and development expenses. The foundation's work contributes to the ongoing success and growth of Zion Christian Academy.
Official website here: www.zioneagles.org/support/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
The Zion Christian Academy Foundation has received a low rating primarily for its accountability and financial practices. While it scores well in governance with a fully independent board and no material diversion of assets, the organization lacks essential policies such as conflict of interest, whistleblower, and document retention policies. These deficiencies significantly impact its overall score, resulting in a 0% for several key financial metrics.
Despite having a transparent board structure and meeting minutes available, the foundation's inability to demonstrate effective management of its financial responsibilities has raised concerns. The absence of a program expense ratio indicates that funds may not be allocated effectively towards its mission. This lack of accountability may deter potential donors who prioritize financial transparency and responsible governance.
In summary, while the Zion Christian Academy Foundation has strengths in board independence, it faces serious challenges in financial accountability and policy implementation. Prospective donors should carefully consider these factors before contributing, as the foundation currently presents significant risks regarding its operational management.
This AI summary has been generated from information found on Charity Navigator.
Is Zion Christian Academy Foundation legitimate?
Zion Christian Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zion Christian Academy Foundation 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:
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Official website here: www.zioneagles.org/support/foundation
What is the mission statement of Zion Christian Academy Foundation?
The Zion Christian Academy Foundation's mission is centered around ensuring the school's long-term financial stability. By the year 2022, the foundation aims to establish an endowment of 5 million dollars for the private, not-for-profit institution. In addition to this, the foundation also focuses on raising funds for capital improvements. The organization's primary activity involves providing financial support to Zion Christian Academy, allocating grants for administrative fees and development expenses.
Official website here: www.zioneagles.org/support/foundation
Who is the CEO of Zion Christian Academy Foundation?
Rick Jarvis is the Board Member of Zion Christian Academy Foundation.
Official website here: www.zioneagles.org/support/foundation
What is the revenue of Zion Christian Academy Foundation?
Zion Christian Academy Foundation's revenue in 2022 was $97,002.
Official website here: www.zioneagles.org/support/foundation
Who are the executives of Zion Christian Academy Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.zioneagles.org/support/foundation
Where can I find the form 990 for Zion Christian Academy Foundation?
Zion Christian Academy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.zioneagles.org/support/foundation
Learn more at the official website: www.zioneagles.org/support/foundation
Mission Statement of Zion Christian Academy Foundation
The Zion Christian Academy Foundation's mission is centered around ensuring the long-term financial stability of Zion Christian Academy, a private not-for-profit educational institution. This foundation aims to accomplish two primary objectives: firstly, to establish an endowment of 5 million dollars by the year 2022, and secondly, to raise funds for necessary capital improvements. The foundation's primary role involves providing financial support to the school, specifically covering administrative fees and development expenses through grant disbursements.
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Impact
October, 2024
Zion Christian Academy Foundation significantly impacts the educational landscape of Columbia, Tennessee, by ensuring the long-term financial sustainability of Zion Christian Academy. With a mission focused on securing an endowment of $5 million, the foundation plays a crucial role in providing the necessary resources for enhancing the school's infrastructure and educational programs.
Through targeted grants, the foundation supports critical administrative fees and development expenses, enabling the academy to focus on delivering high-quality education. This financial backing not only aids in improving the school's facilities but also enhances the overall learning environment for students. By raising funds for capital improvements, Zion Christian Academy Foundation directly contributes to the growth and advancement of the school, fostering a stronger academic community in Columbia.
This information is meant to be a general summary of Zion Christian Academy Foundation. 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 2022.
- Investment Income: $45,010
- Gross Receipts: $97,002
Assets and Liabilities:
- Total Assets: $772,302
- Total Liabilities: $0
- Net Assets: $772,302
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Organization Details
Founding Year
2011
Phone
(931) 388-5731Principal Officer
Rick Jarvis
Main Address
6901 Old Zion Road, Columbia, TN, 38401
NTEE Category
Code: B12 - Education
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