Overview
What is Adam J Lewis Academy Inc?
Adam J. Lewis Academy Inc is a nonprofit organization situated in Bridgeport, Connecticut, a community known for its challenges and limited educational opportunities. The academy initially started as a preschool, offering hope to young learners and their families. Its mission is to provide an enriching, nurturing, high-quality elementary education, aiming to set underprivileged children on a path to academic and personal success. Currently, the academy offers preschool, kindergarten, and first through fourth-grade classes, with plans to expand up to eighth grade by 2027. The academy is home to 72 dedicated employees who work towards transforming the lives of underserved children in Bridgeport.
Official website here: www.ajlacademy.org
What are the reviews and ratings of this charity?
Adam J Lewis Academy Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, with an overall score of 97%. This score is entirely based on the organization's Accountability & Finance score, showcasing a strong commitment to financial integrity and transparency. The organization demonstrates quality governance through traits such as a highly independent board and effective financial oversight.
The organization displays commendable financial practices, reflecting an impressive program expense ratio of 83.24%, which indicates a significant portion of expenses directly benefits its programs. Fundraising efficiency is also noteworthy, with only $0.14 spent to raise each dollar. Furthermore, the absence of any material diversion of assets and a sustainable level of working capital suggest strong financial health.
Unfortunately, there is no user feedback available from GreatNonprofits, preventing a deeper insight into the community's sentiment towards the organization. Nevertheless, based on the financial metrics and governance structure, Adam J Lewis Academy Inc appears to be well-managed and capable of effectively fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Adam J Lewis Academy Inc legitimate?
Adam J Lewis Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adam J Lewis 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: $165,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,965,187
For more financial information, click here
Official website here: www.ajlacademy.org
What is the mission statement of Adam J Lewis Academy Inc?
The mission of Adam J Lewis Academy Inc is to significantly impact the lives of underprivileged children, primarily focusing on the elementary stage. Their goal is to offer a nurturing, enriching, and high-quality educational experience. This aim is designed to set the children on a path towards academic success and a prosperous future. The organization operates a co-educational day school, providing an enriched experience during the crucial early years, with the intention of transforming the life trajectories of these children. Currently, the academy offers preschool, kindergarten, and grades one through four, with plans to expand up to eighth grade by 2027.
Official website here: www.ajlacademy.org
Who is the CEO of Adam J Lewis Academy Inc?
Patricia D Lewis is the Founder & Head Of School of Adam J Lewis Academy Inc.
Official website here: www.ajlacademy.org
What is the revenue of Adam J Lewis Academy Inc?
Adam J Lewis Academy Inc's revenue in 2023 was $7,185,924.
Official website here: www.ajlacademy.org
Who are the executives of Adam J Lewis Academy Inc and what are their salaries?
The average compensation at Adam J Lewis Academy Inc during 2023 was $29,589. There are 72 employees and 15 volunteers at Adam J Lewis Academy Inc.
Here are 17 key members and their salaries:
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Official website here: www.ajlacademy.org
Where can I find the form 990 for Adam J Lewis Academy Inc?
Adam J Lewis Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ajlacademy.org
Learn more at the official website: www.ajlacademy.org
Mission Statement of Adam J Lewis Academy Inc
Adam J. Lewis Academy, a nonprofit organization, is committed to transforming the lives of underserved children in Bridgeport, Connecticut. Their mission is to provide an enriching, nurturing, and high-quality elementary education experience. This educational journey is designed to set these children on a path towards success in both their academic careers and personal lives.
The Academy operates an independent co-educational day school, offering preschool, kindergarten, and classes up to fourth grade. They aim to make a significant impact during the critically important early years of a child's life, with plans to expand their services to include classes up to eighth grade by 2027. By providing a nurturing environment, the Academy seeks to empower these children, inspiring hope and laying the groundwork for a promising future.
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Impact
July, 2024
Adam J Lewis Academy Inc has a significant impact on underserved children in Bridgeport, CT by providing an enriching, nurturing, and high-quality elementary experience. The organization operates an independent co-educational day school in a community faced with deep-seated challenges and limited educational opportunities. By offering preschool through fourth-grade classes with plans to expand up to eighth grade, the Academy aims to transform the life trajectories of these children, setting them on a path towards success in both school and life.
This information is meant to be a general summary of Adam J Lewis 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 2023.
- Investment Income: $9,335
- Program Service Revenue: $2,740,669
- Gross Receipts: $7,207,295
Assets and Liabilities:
- Total Assets: $7,718,009
- Total Liabilities: $1,577,129
- Net Assets: $6,140,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$2,740,669
Organization Details
Founding Year
2011
Phone
(203) 333-2211Principal Officer
Patricia D Lewis
Main Address
500 STATE STREET, BRIDGEPORT, CT, 06604
Website
www.ajlacademy.orgNTEE Category
Code: B21 - Education
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