Overview
What is Friends Of Ginn Academy Corporation?
Friends of Ginn Academy Corporation is a charitable organization, headquartered in Cleveland, Ohio, with a specific mission to enhance the educational experience of students at Ginn Academy, a high school within the Cleveland Metropolitan School District. They achieve this by offering various support services, collaborating with the district and other entities to develop educational opportunities, and conducting activities that contribute to the overall learning environment of Ginn Academy students. The corporation operates exclusively for charitable purposes and the advancement of education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Friends Of Ginn Academy Corporation has received an 80% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is solely derived from their strong financial practices, indicating that the organization is effectively managing its resources. An independent board with 100% of its members being independent, coupled with a robust conflict of interest policy, suggests transparency and a commitment to governance.
The organization demonstrates a high program expense ratio of 92.08%, which means that a significant majority of its expenses are directed towards its programs rather than administrative costs. Additionally, the absence of any material diversion of assets and a liabilities to assets ratio of 0.00% underscores the financial stability of the organization, indicating it does not carry debt relative to its assets.
While the overall accountability and finance score is commendable, the lack of additional beacons or metrics means that other aspects, such as program impact or community feedback, are not assessed in this rating. This could limit a comprehensive understanding of the nonprofit’s effectiveness beyond financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Ginn Academy Corporation legitimate?
Friends Of Ginn Academy Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Ginn Academy Corporation 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: $0
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What is the mission statement of Friends Of Ginn Academy Corporation?
The Friends of Ginn Academy Corporation's mission is centered around supporting educational initiatives. Their primary role is to aid in the formation and operations of Ginn Academy, an all-boys high school, located within an unspecified metropolitan school district. They collaborate with relevant entities to expand educational opportunities for students enrolled in Ginn Academy. Furthermore, they engage in various activities aimed at enhancing the academic experience of these students.
What is the revenue of Friends Of Ginn Academy Corporation?
Friends Of Ginn Academy Corporation's revenue in 2024 was $25,000.
Who are the executives of Friends Of Ginn Academy Corporation and what are their salaries?
There 15 volunteers at Friends Of Ginn Academy Corporation.
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Where can I find the form 990EZ for Friends Of Ginn Academy Corporation?
Friends Of Ginn Academy Corporation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Friends Of Ginn Academy Corporation
Friends of Ginn Academy Corporation is an organization dedicated to charitable purposes and the advancement of education. Its primary mission is to support Ginn Academy, an all-boys high school located within the Cleveland Metropolitan School District. The corporation achieves this by contributing to the formation, operation, and educational offerings of Ginn Academy. Beyond direct support, Friends of Ginn Academy Corporation collaborates with the Cleveland Metropolitan School District and other entities to develop and facilitate educational opportunities for Ginn Academy students. Furthermore, the corporation engages in various activities to enhance the overall educational experience for students attending Ginn Academy.
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Impact
October, 2024
Friends Of Ginn Academy Corporation significantly enhances the educational landscape for students at Ginn Academy, an all-boys high school in Cleveland, Ohio. By focusing on providing critical support services, the organization actively contributes to the formation, operation, and educational offerings of the school.
Through collaboration with the Cleveland Metropolitan School District and other partners, Friends Of Ginn Academy facilitates the development of tailored educational opportunities that meet the unique needs of its students. Their initiatives not only enrich the academic experience but also create a supportive environment that fosters growth and learning.
The various activities conducted by the organization aim to enhance the overall educational experience for students, ensuring they are equipped with the tools and resources necessary to succeed both in school and beyond. This impactful work not only supports the immediate educational needs of the students but also contributes to the broader goal of advancing education within the community.
This information is meant to be a general summary of Friends Of Ginn Academy Corporation. 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.
- Gross Receipts: $25,000
Assets and Liabilities:
- Total Assets: $4,771
- Total Liabilities: $0
- Net Assets: $4,771
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Organization Details
Founding Year
2011
Principal Officer
Nouvelle Gonzales
NTEE Category
Code: B11 - Education
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