Overview
What is Texas Academy 4?
Texas Academy 4 is a nonprofit organization situated in Fort Worth, Texas. Their primary mission is to bridge the gap between churches and schools, specifically focusing on mentoring fourth-grade students. They provide program services on school campuses during the school day, serving approximately 2,200 students annually. Their Leaders 5 program pairs fifth-grade students with first-graders for mentoring and reading sessions. The organization has expanded its reach, aiming to expand into urban schools in Dallas, Fort Worth, and surrounding areas, as well as in Austin and beyond. They receive substantial donated services, materials, and facilities to support their operations. Furthermore, Texas Academy 4 offers workshops to foster community among families in local schools, covering topics like parenting, financial literacy, leadership, and English as a second language. Through their Full Circle Scholars Program, they grant scholarships to students who were fourth-graders in the program and subsequently returned as high school students. Their mission is to "shape leaders for life" by equipping children with decision-making skills to become positive influences in their families and communities.
Official website here: www.academy4.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star rating)
Texas Academy 4 has earned a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The overall score is heavily influenced by its Accountability & Finance score, which stands at 63%. The organization demonstrates strengths in independent board participation and transparency, with 90% of its board members being independent and various policies listed appropriately.
Despite the positive aspects, there are notable limitations. Missing policies on whistleblower protections and document retention could raise concerns regarding organizational governance and operational risks. Furthermore, although the program expense ratio is reasonable at 61.45%, it indicates that there could be room for improvement in allocating funds directly to programs.
Financially, the organization shows a low liabilities to assets ratio at 32.79% and excellent fundraising efficiency, costing only 13 cents to raise a dollar. However, the working capital ratio of 0.16 years suggests potential liquidity challenges that could affect the organization’s ability to sustain its operations effectively. Overall, while Texas Academy 4 has solid governance in some areas, addressing its policy gaps and financial ratios could enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Texas Academy 4?
96% of 13 reviewers on Facebook recommend Texas Academy 4. Here’s a summary of their thoughts:
The general sentiment reflects a strong enthusiasm for the organization and its mission. Many users express that Academy 4 provides a meaningful opportunity to contribute positively to the lives of children and the community. Reviewers appreciate the impact it has, emphasizing the importance of such initiatives in fostering personal growth and development among the youth.
Overall, Texas Academy 4 is viewed favorably, with supporters highlighting the rewarding experience of volunteerism and the significant difference it makes in children's lives. The organization seems to successfully fulfill its promise to engage individuals in meaningful community service.
This AI summary has been generated from reviews found on Facebook.
Is Texas Academy 4 legitimate?
Texas Academy 4 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Academy 4 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: $157,111
Professional Fundraising Fees: $0
Other Salaries and Wages: $994,772
For more financial information, click here
Official website here: www.academy4.org
What is the mission statement of Texas Academy 4?
Texas Academy 4's mission is centered around connecting churches, schools, and communities through mentoring 4th graders. Their primary goal is to "shape leaders for life" by equipping children with the skills to make better decisions and become positive influencers in their families and the world. This is achieved through an introduction to mentoring and leadership training. The organization provides program services on school campuses during the school day, serving around 2,200 students annually, with plans to expand into urban schools. They offer workshops on various topics such as parenting, financial literacy, and leadership, tailored to the specific needs of the community. Furthermore, Texas Academy 4 awards scholarships to former 4th grade participants who return to serve as high school students.
Official website here: www.academy4.org
Who is the CEO of Texas Academy 4?
John Shearer is the Executive Director of Texas Academy 4.
Official website here: www.academy4.org
What is the revenue of Texas Academy 4?
Texas Academy 4's revenue in 2022 was $1,784,369.
Official website here: www.academy4.org
Who are the executives of Texas Academy 4 and what are their salaries?
The average compensation at Texas Academy 4 during 2022 was $23,038. There are 50 employees and 2100 volunteers at Texas Academy 4.
Here are 11 key members and their salaries:
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Official website here: www.academy4.org
Where can I find the form 990 for Texas Academy 4?
Texas Academy 4's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.academy4.org
Learn more at the official website: www.academy4.org
Mission Statement of Texas Academy 4
Texas Academy 4 is dedicated to connecting churches with schools and communities by mentoring fourth-grade students, aiming to instill leadership skills in them. The organization's mission, "Shape Leaders 4 Life," is centered around equipping children with the ability to make better decisions, thereby becoming positive influences in their families and the world. This is accomplished through an introduction to mentoring and leadership training.
The team at Texas Academy 4 provides program services on each school campus during the school day monthly, serving around 1,800 fourth-grade students. In addition, the organization's Leaders 5 program allows 5th graders to mentor and read with 1st graders, reaching an additional 700 students. This initiative ultimately serves over 2,200 students annually. The 4th grade program has experienced significant growth, doubling in size over the past two school years.
Texas Academy 4 has ambitious plans for future expansion, aiming to extend its reach into urban schools in Dallas, Fort Worth, and surrounding areas, as well as in Austin and beyond. The organization benefits from donated services, materials, and facilities, which are crucial to its operations. Texas Academy 4 also offers workshops focusing on various topics, such as parenting, financial literacy, leadership, English as a second language, and other community-specific needs, through its "All Families" tool.
Furthermore, Texas Academy 4's Full Circle Scholars Program awards scholarships to students who were previously enrolled in the 4th-grade program and have since returned as high school students, demonstrating their commitment and eligibility for financial assistance to continue their education.
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Impact
July, 2024
Texas Academy 4's impact can be seen through its connection of churches to schools and communities by mentoring 4th graders in leadership. The organization served 1,800 fourth-grade students, along with another 700 5th and 1st graders through its Leaders 5 program, where 5th graders mentor and read with 1st graders. In total, 2,200 students benefited from the program. The 4th-grade program doubled in size over the last two school years, demonstrating significant growth and effectiveness.
Furthermore, Texas Academy 4 has plans for expansion into urban schools in Dallas, Fort Worth, Austin, and beyond, showcasing a commitment to reaching more students and communities. The organization receives donated services, materials, and facilities crucial to its operations, emphasizing the community support behind its initiatives.
Additionally, through programs like "All Accounting is Without4Families" and "Full Circle Scholars," Texas Academy 4 aims to provide resources and opportunities for families and students to thrive. By awarding scholarships and offering workshops on various topics like parenting, financial literacy, and English as a second language, the organization is making a lasting impact on individuals' lives.
Overall, Texas Academy 4's mission to "shape leaders 4 life" by equipping children with the skills to make better decisions and become positive influences in their families and communities underscores its significant and positive impact on those it serves.
This information is meant to be a general summary of Texas Academy 4. 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: $1,833
- Gross Receipts: $1,830,422
Assets and Liabilities:
- Total Assets: $235,828
- Total Liabilities: $33,218
- Net Assets: $202,610
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Organization Details
Founding Year
2013
Phone
(817) 909-2241Principal Officer
John Shearer
Main Address
685 JOHN B SIAS MEMORIAL PKWY 215, FORT WORTH, TX, 76134
Website
www.academy4.orgNTEE Category
Code: Y99 - Mutual benefit
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