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Steam Academy Of Warrensville Heights

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454607114 ✦ North canton, OH ✦ Designated as a 501(c)(3)

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Overview

What is Steam Academy Of Warrensville Heights?

The Steam Academy of Warrensville Heights is a nonprofit institution situated at 4700 Richmond Road, Warrensville Heights, Ohio 44128. Their primary mission is to offer educational choices to students and families within the community. They specialize in providing instructional services for children in grades K-8 for the 2021-2022 school year. In accordance with their Articles of Incorporation, they operate within the guidelines of IRC 501c3, aiming to benefit the local community's children through charter school education and engaging in activities that support their objectives.


Official website here: www.steamwarrensville.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Steam Academy of Warrensville Heights holds a Two-Star out of Four Star rating from Charity Navigator, indicating significant areas for improvement despite some strong organizational practices. The organization benefits from a fully independent board and has robust policies in place regarding audits, conflicts of interest, and document retention. Additionally, they excel in program expense ratios, ensuring all funds are directed toward their mission.

However, the nonprofit faces critical challenges in financial management, highlighted by a concerning liabilities-to-assets ratio of 135.11%, which indicates financial instability. Their fundraising efficiency is also notably low, with a $0.00 ratio, suggesting difficulties in generating additional funds. Furthermore, the absence of their tax form on the nonprofit's website raises transparency concerns for potential donors and supporters.

Overall, while Steam Academy demonstrates commitment to governance and accountability, addressing their financial health and fundraising strategies will be essential for future success and stability.


This AI summary has been generated from information found on Charity Navigator.

Is Steam Academy Of Warrensville Heights legitimate?

Steam Academy Of Warrensville Heights is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steam Academy Of Warrensville Heights 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: $1,296,310

For more financial information, click here


Official website here: www.steamwarrensville.org

What is the mission statement of Steam Academy Of Warrensville Heights?

The Steam Academy of Warrensville Heights, as per its Article of Incorporation, was established with the primary purpose of operating a charter school in Ohio. Its mission is to provide educational opportunities to students and their families within the community, offering instructional services for grades K-8. Additionally, the organization is authorized to engage in activities that support its primary goal, adhering to the guidelines set by IRC 501c3.


Official website here: www.steamwarrensville.org

What is the revenue of Steam Academy Of Warrensville Heights?

Steam Academy Of Warrensville Heights's revenue in 2024 was $4,899,274.


Official website here: www.steamwarrensville.org

Who are the executives of Steam Academy Of Warrensville Heights and what are their salaries?

Here are 7 key members and their salaries:


Darlene Thaxton (Board President)
  • Compensation: $1,310
  • Related: $0
  • Other: $0
Doxie Jelks (Board Member)
  • Compensation: $1,280
  • Related: $0
  • Other: $0
Christopher Delk (Board Vice President)
  • Compensation: $1,280
  • Related: $0
  • Other: $0
Larry Miller Iii (Board Member)
  • Compensation: $1,280
  • Related: $0
  • Other: $0
Michelle Rudolph (Board Member)
  • Compensation: $1,280
  • Related: $0
  • Other: $0
Edwina Agee (Board Member)
  • Compensation: $1,280
  • Related: $0
  • Other: $0
Belvia Martin (Board Secretary)
  • Compensation: $1,060
  • Related: $0
  • Other: $0


Official website here: www.steamwarrensville.org

Where can I find the form 990 for Steam Academy Of Warrensville Heights?

Steam Academy Of Warrensville Heights's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.steamwarrensville.org

Learn more at the official website: www.steamwarrensville.org

Mission Statement of Steam Academy Of Warrensville Heights

Steam Academy of Warrensville Heights was established with the primary aim of offering educational choices to the students and families within its community. The organization's mission, as outlined in its Articles of Incorporation, is multifaceted. It is structured to establish and manage a charter school within the state of Ohio, catering to the educational needs of children from Grades K-8. The Academy's mission extends beyond just providing instructional services, as it also engages in activities that support its primary purpose, falling within the provisions of IRC 501c3. In essence, the Steam Academy of Warrensville Heights is dedicated to enhancing the educational opportunities for its students, while operating within the legal frameworks of a nonprofit organization.

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Impact




July, 2024

Steam Academy Of Warrensville Heights is providing meaningful educational choice to students and families in the community by offering instructional services to children in grades K-8. The impact of the organization is evident in its mission to establish and run a charter school for the benefit of the children in the Warrensville Heights area. By focusing on education, Steam Academy is contributing to the overall development and academic success of the students it serves, ultimately shaping the future of the community.




This information is meant to be a general summary of Steam Academy Of Warrensville Heights. 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.

Revenue
$4,899,274 (2024)
Expenses
$4,019,160 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $4,899,274

Assets and Liabilities:

  • Total Assets: $2,351,534
  • Total Liabilities: $3,715,414
  • Net Assets: -$1,363,880

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Organization Details

Founding Year

2012

Principal Officer

C David Massa

NTEE Category

Code: B99 - Education

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