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Cincinnati Technology Academy

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

EIN: 461493815 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Cincinnati Technology Academy?

Cincinnati Technology Academy is a charter school, specifically established to cater to the educational needs of students ranging from kindergarten to grade twelve. This nonprofit institution, located at 3800 Glenway Avenue, Cincinnati, Ohio, 45205, is dedicated to fulfilling the learning requirements of its students. The Academy's mission involves serving the educational needs of its pupils, as outlined in its mission description. The organization employs a workforce of 50 individuals, working tirelessly to provide a conducive learning environment for its students.


Official website here: www.cintitechacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70%, earning it a Two-Star out of Four Star rating.

Cincinnati Technology Academy has received a moderate rating from Charity Navigator, indicating some strengths in accountability and finance. The organization scores well in areas such as having an independent board, audit and oversight measures, and comprehensive policies like conflict of interest and whistleblower protections. These aspects demonstrate a commitment to governance and operational transparency.

However, the nonprofit faces significant challenges, particularly reflected in its financial ratios. The organization has a concerning liabilities to assets ratio, as well as poor scores in fundraising efficiency and working capital ratio. These issues suggest difficulties in financial sustainability and operational effectiveness, which could impact its ability to deliver on its mission.

Additionally, while the program expense ratio is promising, the lack of transparency regarding financial documentation, particularly the absence of tax forms on its website, raises concerns. Overall, Cincinnati Technology Academy shows potential in governance but must improve its financial health and transparency to enhance its operational effectiveness.


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

Is Cincinnati Technology Academy legitimate?

Cincinnati Technology Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Technology 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: $4,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,186,089

For more financial information, click here


Official website here: www.cintitechacademy.com

What is the mission statement of Cincinnati Technology Academy?

The Cincinnati Technology Academy is committed to fulfilling the educational needs of students from kindergarten to grade twelve. As a charter school, its mission is to provide a learning environment that caters to the educational requirements of this age group. The academy's primary goal is to serve and support these students throughout their formative years. It's crucial to note that the academy is dedicated to meeting the diverse educational needs of its students, providing them with a well-rounded education.


Official website here: www.cintitechacademy.com

Who is the CEO of Cincinnati Technology Academy?

Rebecca Spahni is the President of Cincinnati Technology Academy.


Official website here: www.cintitechacademy.com

What is the revenue of Cincinnati Technology Academy?

Cincinnati Technology Academy's revenue in 2022 was $3,158,255.


Official website here: www.cintitechacademy.com

Who are the executives of Cincinnati Technology Academy and what are their salaries?

The average compensation at Cincinnati Technology Academy during 2022 was $23,802. There are 50 employees at Cincinnati Technology Academy.


Here are 5 key members and their salaries:


Rebecca Spahni (President)
  • Compensation: $875
  • Related: $0
  • Other: $0
Michael Weitfle (Vice-Preside)
  • Compensation: $875
  • Related: $0
  • Other: $0
Marlo Thigpen (Board Member)
  • Compensation: $1,250
  • Related: $0
  • Other: $0
Heather King (Board Member)
  • Compensation: $125
  • Related: $0
  • Other: $0
Audrey Noth (Board Member)
  • Compensation: $875
  • Related: $0
  • Other: $0


Official website here: www.cintitechacademy.com

Where can I find the form 990 for Cincinnati Technology Academy?

Cincinnati Technology Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cintitechacademy.com

Learn more at the official website: www.cintitechacademy.com

Mission Statement of Cincinnati Technology Academy

Cincinnati Technology Academy, a charter school, is committed to fulfilling the educational needs of students from kindergarten to grade twelve. The organization's mission is geared towards catering to the diverse learning requirements of its students, ensuring they receive a comprehensive education. By serving as a beacon for academic growth and development, Cincinnati Technology Academy aims to equip its students with the necessary skills and knowledge to navigate their educational journey successfully.

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Impact




July, 2024

Cincinnati Technology Academy has a significant impact on the educational landscape in Cincinnati, Ohio. By serving students from kindergarten through grade twelve, the academy plays a crucial role in nurturing and developing young minds. Through its focus on technology and education, Cincinnati Technology Academy prepares students for the challenges of the modern world, equipping them with the skills and knowledge needed to succeed in an increasingly tech-driven society. Its mission to serve the educational needs of a diverse student population underscores its commitment to fostering academic excellence and personal growth. This impact extends not only to the students themselves but also to the broader community, as the academy contributes to creating a more knowledgeable and skilled workforce for the future.




This information is meant to be a general summary of Cincinnati Technology 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.

Revenue
$3,158,255 (2022)
Expenses
$3,083,838 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $573
  • Gross Receipts: $3,158,255

Assets and Liabilities:

  • Total Assets: $1,966,128
  • Total Liabilities: $3,762,002
  • Net Assets: -$1,795,874

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Organization Details

Founding Year

2014

Principal Officer

Rebecca Spahni

Main Address

3800 GLENWAY AVENUE, CINCINNATI, OH, 45205

NTEE Category

Code: B20 - Education

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