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Vermillion Bend Academy

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

EIN: 461716033 ✦ Maurice, LA ✦ Designated as a 501(c)(3)

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Overview

What is Vermillion Bend Academy?

Vermillion Bend Academy is a nonprofit institution situated in Maurice, Louisiana, specifically at 4811 Woodlawn Road. Their primary focus is on educating intellectually gifted students who grapple with cognitive, processing, sensory, and social challenges. The academy aims to strengthen their inherent abilities and cater to their unique needs in a nurturing, supportive, and innovative environment. To assist students who may not be able to afford their program due to financial constraints, Vermillion Bend Academy provides financial assistance. Their mission transcends academics; they strive to empower children with the necessary skills they require for their future.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

Vermillion Bend Academy has received a Two-Star rating from Charity Navigator, primarily based on its Accountability & Finance score of 67%. This rating indicates potential areas for improvement in governance and transparency. The score is calculated solely on financial practices, reflecting a lack of independent board members and several missing policy documents that are essential for good governance.

The organization shows strengths in certain areas, such as having no material diversion of assets and maintaining a strong program expense ratio of 100%, suggesting that all funds are directed towards its programs. However, the absence of independent board members is particularly concerning, as it can impact the organization’s accountability and effectiveness. Additionally, the missing whistleblower policy and website presence on tax forms point to gaps in transparency.

Overall, while Vermillion Bend Academy demonstrates a commitment to its missions through efficient program spending, it must address its governance weaknesses to enhance its rating and improve stakeholder trust. Addressing these issues could lead to a more robust organizational framework and better outcomes for those it serves.


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

Is Vermillion Bend Academy legitimate?

Vermillion Bend Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermillion Bend 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: $0

For more financial information, click here

What is the mission statement of Vermillion Bend Academy?

Vermillion Bend Academy's mission is centered around providing financial aid to students who require their educational program but cannot afford it. Beyond financial assistance, the academy aims to go beyond traditional education by empowering its students with the necessary skills for their future. The academy specializes in educating bright and gifted students who are grappling with cognitive, processing, sensory, and social challenges. In a nurturing, supportive, and creative environment, the academy works to amplify each student's strengths and directly address their individual needs.

What is the revenue of Vermillion Bend Academy?

Vermillion Bend Academy's revenue in 2023 was $153,332.

Who are the executives of Vermillion Bend Academy and what are their salaries?

There is 1 key member and their salary:


Bethany Sanchez (Director)
  • Compensation: $7,608
  • Related: $0
  • Other: $0
Where can I find the form 990 for Vermillion Bend Academy?

Vermillion Bend Academy's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Vermillion Bend Academy

Vermillion Bend Academy, a nonprofit organization, is dedicated to empowering students who face cognitive, processing, sensory, and social challenges. Rather than merely educating these students, the academy aims to equip them with the necessary skills for their future. It provides a nurturing, supportive, and creative environment that allows each student to flourish, focusing on enhancing their strengths while addressing their individual needs directly. The academy welcomes students who may not be able to afford its program, offering financial aid to ensure that no deserving student is left behind.

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Impact




October, 2024

Vermillion Bend Academy significantly impacts the lives of bright and talented students facing cognitive, processing, sensory, and social disorders. By providing financial assistance, the academy ensures that all students, regardless of their financial situation, have access to vital educational resources and a nurturing environment tailored to their unique needs.

Situated in Maurice, LA, the academy focuses not only on academic education but also on empowering students with the skills necessary for their future success. This approach fosters a warm and supportive atmosphere where individual strengths are recognized and enhanced, enabling students to thrive. With a commitment to addressing the specific challenges each student faces, Vermillion Bend Academy plays a crucial role in transforming lives and opening doors to opportunities that empower students for tomorrow and beyond.




This information is meant to be a general summary of Vermillion Bend 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
$153,332 (2023)
Expenses
$161,294 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $90,132
  • Gross Receipts: $153,332

Assets and Liabilities:

  • Total Assets: $148
  • Total Liabilities: $0
  • Net Assets: $148

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION REVENUE

Revenue

$90,132

Organization Details

Founding Year

2013

Principal Officer

Bethany Sanchez

NTEE Category

Code: B24 - Education

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