Overview
What is Maine Connections Academy?
Maine Connections Academy is a nonprofit organization that offers a full-time virtual school program in Maine. This program aims to support online students by fostering an environment that encourages them to develop their unique abilities and interests. The program provides a secure and inclusive community setting, enabling students to connect with others while they learn. Maine Connections Academy's mission is to empower its students, helping them thrive in their educational journey.
Official website here: www.connectionsacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Maine Connections Academy has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance, as evidenced by a high overall score based entirely on these factors. The organization demonstrates exemplary transparency and governance practices, with 100% of its board members being independent and a well-documented conflict of interest policy in place.
The financial health of the organization is notable, with a program expense ratio of 86.06%, indicating that a significant portion of its resources is allocated directly to its educational programs. Additionally, the absence of any material diversion of assets and a favorable liabilities-to-assets ratio further underscores its fiscal responsibility and operational effectiveness.
While the data highlights many strengths, it is essential for potential supporters and stakeholders to continue monitoring fiscal activities and program outcomes to ensure ongoing efficacy and alignment with the organization’s mission. Overall, Maine Connections Academy stands out for its strong governance and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Maine Connections Academy legitimate?
Maine Connections Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Connections Academy 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: $1,685,562
For more financial information, click here
Official website here: www.connectionsacademy.com
What is the mission statement of Maine Connections Academy?
Maine Connections Academy's mission, as a full-time virtual school program, is to foster the growth and development of online students in Maine. It provides a secure and inclusive environment, where students can bolster their individual strengths and interests. The program encourages a sense of community, enabling students to connect with a larger network. The aim is to support these students in their educational journey, helping them reach their full potential.
Official website here: www.connectionsacademy.com
Who is the CEO of Maine Connections Academy?
Amy Trunnell is the Chief Financial Officer of Maine Connections Academy.
Official website here: www.connectionsacademy.com
What is the revenue of Maine Connections Academy?
Maine Connections Academy's revenue in 2022 was $5,216,066.
Official website here: www.connectionsacademy.com
Who are the executives of Maine Connections Academy and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $44,578
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Official website here: www.connectionsacademy.com
Where can I find the form 990 for Maine Connections Academy?
Maine Connections Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.connectionsacademy.com
Learn more at the official website: www.connectionsacademy.com
Mission Statement of Maine Connections Academy
Maine Connections Academy, a full-time virtual school program, is dedicated to supporting online students in Maine. It provides a secure and inclusive environment where students can nurture their individual strengths and interests, fostering a sense of community. The mission of this educational institution is to empower students by offering a setting that caters to their unique abilities and interests, thereby enhancing their overall learning experience.
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Impact
July, 2024
Maine Connections Academy's impact can be seen in the positive outcomes experienced by online students in Maine. By providing a full-time virtual school program, Maine Connections Academy allows students to build on their individual strengths and interests in a safe and connected learning environment. This innovative approach to education not only supports academic growth but also fosters a sense of community among students, creating a fulfilling educational experience. Through its mission of helping students in Maine thrive in a virtual setting, Maine Connections Academy is making a significant impact on the education landscape in the state.
This information is meant to be a general summary of Maine Connections Academy. 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: $2,420
- Gross Receipts: $5,216,066
Assets and Liabilities:
- Total Assets: $1,613,029
- Total Liabilities: $639,109
- Net Assets: $973,920
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Organization Details
Founding Year
2012
Phone
(207) 805-3254Principal Officer
Amy Trunnell
Main Address
8 Science Park Road APT Floor 3, Scarborough, ME, 04074
Website
www.connectionsacademy.comNTEE Category
Code: B99 - Education
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