Overview
What is Virtual Academy Of Lafourche Inc?
Virtual Academy of Lafourche Inc is a nonprofit organization situated in Thibodaux, Louisiana, specifically at 639 Harrison Street, with 16 dedicated employees. Their primary focus is on providing online education services to students from kindergarten to twelfth grade, hailing from Lafourche Parish, Louisiana. As a Type I virtual charter school, they offer an online curriculum to cater to the educational needs of their students effectively. Beyond the digital classroom, the organization strives to ensure that students in Lafourche Parish have access to quality education, creating a supportive learning environment for their growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating.
The Virtual Academy Of Lafourche Inc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates some accountability and financial health, there are areas that may require improvement. The organization has a strong governance structure, with 100% of its board members being independent, which is critical for unbiased oversight.
Financially, the academy maintains a solid program expense ratio of 74.34%, suggesting that a significant portion of its funds is directed toward its programs. Additionally, it has no material diversion of assets and a reasonable liabilities to assets ratio of 36.54%. However, the overall rating reflects that while the organization is functioning adequately, there may be concerns regarding its overall impact and effectiveness that could affect donor confidence.
In summary, while the Virtual Academy Of Lafourche Inc exhibits strengths in governance and financial management, its two-star rating suggests that potential donors may want to consider these factors when evaluating their support. Enhancements in operational transparency and program outcomes could strengthen the organization's standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Virtual Academy Of Lafourche Inc legitimate?
Virtual Academy Of Lafourche Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virtual Academy Of Lafourche 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: $379,816
For more financial information, click here
What is the mission statement of Virtual Academy Of Lafourche Inc?
The Virtual Academy of Lafourche Inc serves as a Type I virtual charter school, offering online curriculum for students from kindergarten to twelfth grade. Its mission is centered around providing quality education services to these students, ensuring they have access to a comprehensive online curriculum. The organization's primary goal is to cater to the educational needs of students within Lafourche Parish, Louisiana. By offering an online learning environment, the Virtual Academy of Lafourche Inc strives to make education accessible and flexible, allowing students to learn at their own pace and within the comfort of their homes. The school's commitment to online education aims to create a dynamic and engaging learning experience for its students.
Who is the CEO of Virtual Academy Of Lafourche Inc?
Edmond J Adams Jr is the Director of Virtual Academy Of Lafourche Inc.
What is the revenue of Virtual Academy Of Lafourche Inc?
Virtual Academy Of Lafourche Inc's revenue in 2022 was $5,491,817.
Who are the executives of Virtual Academy Of Lafourche Inc and what are their salaries?
The average compensation at Virtual Academy Of Lafourche Inc during 2022 was $23,738. There are 16 employees at Virtual Academy Of Lafourche Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Virtual Academy Of Lafourche Inc?
Virtual Academy Of Lafourche Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Virtual Academy Of Lafourche Inc
Virtual Academy of Lafourche Inc, as a Type I virtual charter school, is dedicated to providing online curriculum for students in Lafourche Parish, Louisiana, from kindergarten to twelfth grade. The organization's mission is to offer comprehensive online education services to this age group, aiming to cater to their unique learning needs and styles. By providing an online platform for education, Virtual Academy of Lafourche Inc aims to make learning accessible and flexible for students, allowing them to pursue their academic journey at their own pace and in their own environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Virtual Academy Of Lafourche Inc's impact can be seen in the realm of education in Lafourche Parish, Louisiana. By providing online curriculum and educational services for students from kindergarten to twelfth grade, the organization is enabling access to quality education for a wide range of students. Through its virtual charter school model, Virtual Academy Of Lafourche Inc is helping to meet the diverse learning needs of students in the community, offering flexibility and personalized learning opportunities. In doing so, the organization is contributing to the overall educational landscape and helping to shape the future of education in the region.
This information is meant to be a general summary of Virtual Academy Of Lafourche 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 2022.
- Program Service Revenue: $5,197,650
- Gross Receipts: $5,491,817
Assets and Liabilities:
- Total Assets: $1,908,275
- Total Liabilities: $70,919
- Net Assets: $1,837,356
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAFOURCHE PARISH SCHOOL BOARD
Revenue
$5,197,650
Organization Details
Founding Year
2012
Phone
(985) 446-2877Principal Officer
Edmond J Adams Jr
Main Address
639 HARRISON ST, THIBODAUX, LA, 70301
NTEE Category
Code: B20 - Education
If you are a representative of Virtual Academy Of Lafourche Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.