Overview
What is Technical Academies Of Minnesota?
Technical Academies of Minnesota (TAM) is a nonprofit organization situated in Willmar, Minnesota. With a strong emphasis on student-centered learning, TAM offers a nurturing environment that encourages discovery, creation, and personal growth. The mission of TAM is to provide an educational setting that is stimulating, democratic, introspective, joyful, and optimistic. The organization appreciates and values each student's unique developmental needs and considerates them as complete individuals, encompassing their heart, mind, body, and spirit. During the year, TAM serves around 138 students, aiming to contribute positively to their lives and the world at large. The organization employs a workforce of 60 individuals, all committed to fostering a supportive and inspiring learning environment.
Official website here: www.technicalacademies.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Technical Academies of Minnesota has received a two-star rating from Charity Navigator, indicating areas that require attention and improvement. The organization has demonstrated strengths in governance, with a majority of independent board members and solid financial oversight practices. It scores particularly well in areas such as material diversion of assets and program expense ratio, suggesting that funds are predominantly allocated towards its mission-driven programs.
However, there are notable weaknesses that contribute to its overall score. The absence of a whistleblower policy and document retention and destruction protocols raises concerns about transparency and accountability. Additionally, the organization has not made its tax forms accessible on its website, which is a key factor for stakeholders looking to assess its financial health. The liabilities to assets ratio also indicates a potential risk, impacting the organization's financial stability.
Overall, while Technical Academies of Minnesota shows promise in certain governance aspects and program spending, addressing the identified shortcomings is crucial for improving its accountability and attracting future support.
This AI summary has been generated from information found on Charity Navigator.
Is Technical Academies Of Minnesota legitimate?
Technical Academies Of Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Technical Academies Of Minnesota 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: $248,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,552,338
For more financial information, click here
Official website here: www.technicalacademies.org
What is the mission statement of Technical Academies Of Minnesota?
Technical Academies of Minnesota's mission is to establish a learning environment that encourages students' growth, fostering challenges, democracy, reflection, joy, and hope. The organization recognizes and values each student as a complete individual, encompassing their heart, mind, body, and soul. At Technical Academies of Minnesota, students learn, discover, create, and inspire, aiming to contribute positively to the world. Throughout the year, the academy supports around 138 students.
Official website here: www.technicalacademies.org
What is the revenue of Technical Academies Of Minnesota?
Technical Academies Of Minnesota's revenue in 2024 was $3,218,874.
Official website here: www.technicalacademies.org
Who are the executives of Technical Academies Of Minnesota and what are their salaries?
The average compensation at Technical Academies Of Minnesota during 2024 was $32,736. There are 55 employees and 75 volunteers at Technical Academies Of Minnesota.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $86,427
- Related: $0
- Other: $21,025
- Compensation: $26,907
- Related: $0
- Other: $2,354
- Compensation: $63,980
- Related: $0
- Other: $12,088
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.technicalacademies.org
Where can I find the form 990 for Technical Academies Of Minnesota?
Technical Academies Of Minnesota's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.technicalacademies.org
Learn more at the official website: www.technicalacademies.org
Mission Statement of Technical Academies Of Minnesota
Technical Academies of Minnesota (TAM) is committed to fostering a learning environment that is both challenging and nurturing. This student-centered approach values each learner as a whole person, recognizing their unique developmental needs and capacities. TAM believes in the importance of fostering an atmosphere that is democratic, reflective, joyful, and hopeful. The organization strives to inspire students, enabling them to learn, discover, and create, with the ultimate goal of contributing positively to society. During the year, TAM served around 138 students, demonstrating its dedication to providing an inclusive and supportive learning environment.
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Impact
July, 2024
Technical Academies Of Minnesota's impact is evident in the lives of approximately 138 students who have had the opportunity to experience a student-directed learning environment that is challenging, democratic, reflective, joyful, and hopeful. Each student is valued as a whole human being - heart, mind, body, and soul - fostering an environment where they can learn, discover, create, and inspire to make the world a better place. Through this unique approach to education, TAM is shaping the future by empowering students to reach their full potential and contribute positively to society.
This information is meant to be a general summary of Technical Academies Of Minnesota. 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 2024.
- Investment Income: $19,759
- Program Service Revenue: $7,309
- Gross Receipts: $3,218,874
Assets and Liabilities:
- Total Assets: $2,331,914
- Total Liabilities: $2,022,918
- Net Assets: $308,996
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Charges for Services
Revenue
$5,307
Medical Assistance
Revenue
$1,715
Miscellaneous Local Re
Revenue
$287
Organization Details
Founding Year
2012
Principal Officer
Dawn Nuss
Website
www.technicalacademies.orgNTEE Category
Code: B25 - Education
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