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East Academy

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

EIN: 462535566 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is East Academy?

East Academy, located in Cleveland, Ohio, is a nonprofit organization that offers an alternative education opportunity for children between ages 5 and 14, encompassing grades K-8. The academy's mission is to empower its students to achieve their full potential through a rigorous, consistent, and academically demanding curriculum. This is executed in a secure, disciplined, and caring environment, with the support of innovative technology and collaboration between educators, families, and the community. East Academy has served 236 students with its comprehensive educational services.


Official website here: www.the-academies.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 81% (Three-Star out of Four Stars )ating)

East Academy has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The score is driven entirely by its high marks in the Accountability & Finance category, where it scored an impressive 81%. This strong rating indicates that the organization is effectively managing its resources and adhering to best practices in financial oversight.

One of the notable strengths of East Academy is its governance structure, which features a fully independent board of directors. The organization scored full points in several key areas, including having a conflict of interest policy and a whistleblower policy in place. Additionally, it demonstrated exemplary financial transparency with a program expense ratio of 97.20%, signifying that a large portion of its funds is directed toward its programs.

While the overall rating is favorable, it remains essential for potential donors and stakeholders to consider the complete picture of the organization. Although no significant limitations were noted in the feedback, maintaining high standards in accountability will be crucial for sustaining donor trust and support in the future.


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

Is East Academy legitimate?

East Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. East 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: $2,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.the-academies.com

What is the mission statement of East Academy?

East Academy's mission is centered around providing a high-quality alternative education opportunity for children aged 5 to 14, catering to grades K-8. The institution is dedicated to delivering an effective, consistent, and academically rigorous education in a safe, disciplined, and nurturing environment. Their goal is to empower students to reach their full potential by implementing a comprehensive curriculum, facilitated by highly effective educators. They collaborate closely with families in the community and leverage progressive technology to support learning.


Official website here: www.the-academies.com

Who is the CEO of East Academy?

Stephanie Ataya is the President of East Academy.


Official website here: www.the-academies.com

What is the revenue of East Academy?

East Academy's revenue in 2022 was $3,466,351.


Official website here: www.the-academies.com

Who are the executives of East Academy and what are their salaries?

There 2 volunteers at East Academy.


Here are 7 key members and their salaries:


Carl Frey (President)
  • Compensation: $625
  • Related: $0
  • Other: $0
Scott Norcross (Vice President)
  • Compensation: $750
  • Related: $0
  • Other: $0
Karl Sooy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Florez (Treasurer)
  • Compensation: $750
  • Related: $0
  • Other: $0
Robert Marcis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey A Foster Cpa (Fiscal Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Ataya (Fiscal Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.the-academies.com

Where can I find the form 990 for East Academy?

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


Official website here: www.the-academies.com

Learn more at the official website: www.the-academies.com

Mission Statement of East Academy

East Academy, a nonprofit organization, is committed to offering a superior alternative educational opportunity for children aged between 5 and 14, encompassing grades K-8. Their mission is deeply rooted in providing an effective, consistent, and academically rigorous education in an environment that is safe, disciplined, and nurturing. The institution aims to empower its students to achieve their full potential by implementing a comprehensive curriculum, which is facilitated by highly effective educators. This collaboration between the teachers and the community is further supported by progressive technology. East Academy is not just about imparting knowledge; it is also about fostering a sense of discipline and safety, which are crucial for the holistic development of the students. The organization believes in fostering a strong bond with families in the community, working together towards the shared goal of helping each student reach their full potential.

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Impact




July, 2024

East Academy's impact is profound, as it provides a high quality alternative education opportunity for children ages 5-14, grades K-8. By creating a safe, disciplined, and nurturing environment, the academy empowers students to reach their fullest potential through an effective and academically rigorous education. Operating in Cleveland, OH, East Academy has served 236 students, making a significant difference in the lives of these young learners. Through its comprehensive curriculum and dedicated educators, East Academy is shaping the future by fostering excellence in education and instilling a love for learning.




This information is meant to be a general summary of East 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
$3,466,351 (2022)
Expenses
$3,260,630 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,466,351

Assets and Liabilities:

  • Total Assets: $1,075,576
  • Total Liabilities: $2,499,552
  • Net Assets: -$1,423,976

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Organization Details

Founding Year

2013

Principal Officer

Stephanie Ataya

Main Address

15720 KIPLING AVENUE, CLEVELAND, OH, 44110

NTEE Category

Code: B24 - Education

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