Overview
What is Imagine Leadership Academy?
Imagine Leadership Academy is a charter school located in Akron, Ohio, with around 490 students enrolled from grades 1 to 6. This institution collaborates closely with parents and guardians to achieve its mission, utilizing a five-point evaluation system called "Measures of Excellence," which includes academic growth, character development, economic sustainability, parent choice, and shared values. Although it does not employ any staff directly, the school is managed by Imagine Schools Non-Profit, Inc., and its purpose is to educate children, fostering leadership, achievement, and exemplary character.
Official website here: www.imagineleadershipacademy.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 66% (Two-Star out of Four Stars)
Imagine Leadership Academy has received a Two-Star rating from Charity Navigator, reflecting an overall score of 66%. This score primarily derives from the organization’s Accountability & Finance metrics, indicating areas where it performs well and areas that may raise concern. The academy has demonstrated strong governance practices, with 100% of its board members being independent and well-documented policies in place.
Strengths of the organization include a high program expense ratio, which suggests that a significant portion of its resources is directed towards its programs, rather than administrative expenses. The presence of a whistleblower policy, conflict of interest policy, and proper documentation of board meeting minutes further indicates a commitment to transparency and accountability.
However, a significant limitation is noted in the organization's liabilities to assets ratio, which is considerably high at 125.73%. This suggests that the organization may be carrying more liabilities than assets, potentially raising concerns about financial sustainability in the long term. Overall, while Imagine Leadership Academy shows strong governance aspects, its financial health warrants closer scrutiny.
This AI summary has been generated from information found on Charity Navigator.
Is Imagine Leadership Academy legitimate?
Imagine Leadership Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imagine Leadership 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: $18,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.imagineleadershipacademy.com
What is the mission statement of Imagine Leadership Academy?
Imagine Leadership Academy collaborates with parents and guardians in the education of their children, offering high-quality schools that prepare students for successful lives marked by leadership, accomplishment, and exemplary character. The academy's mission is to create an environment that fosters these traits, enabling students to thrive both personally and professionally. The school employs five key measures of excellence to evaluate its effectiveness, including academic growth, character development, economic sustainability, parent choice, and shared values. Imagine Leadership Academy achieves its mission through school choice, partnering with parents to provide a well-rounded education.
Official website here: www.imagineleadershipacademy.com
Who is the CEO of Imagine Leadership Academy?
Richard Berdine is the Treasurer of Imagine Leadership Academy.
Official website here: www.imagineleadershipacademy.com
What is the revenue of Imagine Leadership Academy?
Imagine Leadership Academy's revenue in 2023 was $3,214,040.
Official website here: www.imagineleadershipacademy.com
Who are the executives of Imagine Leadership Academy and what are their salaries?
There 75 volunteers at Imagine Leadership Academy.
Here are 6 key members and their salaries:
- Compensation: $18,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.imagineleadershipacademy.com
Where can I find the form 990 for Imagine Leadership Academy?
Imagine Leadership Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.imagineleadershipacademy.com
Learn more at the official website: www.imagineleadershipacademy.com
Mission Statement of Imagine Leadership Academy
Imagine Leadership Academy, a non-profit organization, collaborates with parents and guardians in the education of their children. Its mission is to establish high-quality schools that foster leadership, achievement, and exemplary character in students. By leveraging school choice, the academy partners with families to achieve its objective, evaluating its effectiveness through five measures: academic growth, character development, economic sustainability, parent choice, and shared values. Despite not directly employing staff, the academy is managed by Imagine Schools Non-Profit, Inc., ensuring a commitment to providing an enriching learning environment for its approximately 490 students in grades 1-6.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Imagine Leadership Academy has a significant impact on the education and development of its approximately 490 students enrolled in grades 1-6 in Akron, Ohio. The school's mission to partner with parents and guardians in the education of their children by providing high-quality schools that prepare students for lives of leadership, accomplishment, and exemplary character is evident in its approach. Through the use of five "Measures of Excellence" - academic growth, character development, economic sustainability, parent choice, and shared values - the academy evaluates its effectiveness in fulfilling its mission.
Furthermore, Imagine Leadership Academy's emphasis on school choice and collaboration with parents and guardians sets it apart as an institution that values family involvement in education. By focusing on both academic and character development, the academy aims to equip students with the skills and values necessary for success beyond the classroom.
Overall, Imagine Leadership Academy's impact goes beyond traditional education by prioritizing leadership, accomplishment, and character development, making it a valuable asset to its students and the community.
This information is meant to be a general summary of Imagine Leadership 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $3,214,040
Assets and Liabilities:
- Total Assets: $5,465,315
- Total Liabilities: $6,871,798
- Net Assets: -$1,406,483
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2013
Phone
(333) 753-1000Principal Officer
Richard Berdine
Main Address
2405 ROMIG ROAD, AKRON, OH, 443203826
NTEE Category
Code: B99 - Education
If you are a representative of Imagine Leadership Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.