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College Park Academy Inc

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

EIN: 462980755 ✦ Riverdale park, MD ✦ Designated as a 501(c)(3)

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Overview

What is College Park Academy Inc?

College Park Academy Inc, based in Riverdale Park, Maryland, is a reputable nonprofit organization. It primarily serves students in the sixth through twelfth grades, offering them a comprehensive college-preparatory curriculum. The academy is committed to preparing its students for higher education through robust extracurricular activities and early college credit opportunities. During the 2021-2022 school year, the academy had 677 enrolled students. With a dedicated workforce of 61 individuals, College Park Academy Inc strives to provide its students with an enriching educational journey, ensuring they are well-equipped for their future academic pursuits.


Official website here: www.collegeparkacademy.net

What are the reviews and ratings of this charity?

**Rating:** Needs Improvement, Two-Star out of Four Star rating, score of 74%.

College Park Academy Inc has received a two-star rating from Charity Navigator, indicating that the organization scored lower due to some key accountability and financial measures. The assessment was primarily based on Accountability & Finance, which comprised 100% of the rating. Notable strengths include a fully independent board and strong oversight of financial statements, reflecting a commitment to good governance practices. However, the absence of a whistleblower policy and issues with website disclosures significantly impacted its overall score.

The organization shows robust program expense ratios, indicating that a high percentage of its funds go towards its mission-related activities. Still, a concerning liabilities to assets ratio suggests financial fragility. Additionally, the lack of data on Impact & Measurement, Culture & Community, and Leadership & Adaptability points to areas where the nonprofit could further enhance transparency and effectiveness.

Key reviews from GreatNonprofits could not be accessed, leaving a gap in comprehensive user feedback. Without these insights, it's challenging to fully gauge public sentiment about the organization's services and impact. Overall, while College Park Academy demonstrates solid practice in some areas, improvement is needed in transparency and financial health to bolster its rating and public trust.


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

Is College Park Academy Inc legitimate?

College Park Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Park Academy Inc 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: $147,860
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,843,489

For more financial information, click here


Official website here: www.collegeparkacademy.net

What is the mission statement of College Park Academy Inc?

College Park Academy Inc's mission is centered around providing a rigorous college-preparatory education for students in grades six through twelve. This is accomplished through a comprehensive curriculum that includes robust extracurricular enrichment programs and opportunities for earning early college credits. The academy's objective is to prepare its students effectively for higher education, equipping them with the necessary skills and knowledge. During the 2021-2022 academic year, College Park Academy served 677 students, providing them with an educational experience designed to foster their academic growth and college readiness.


Official website here: www.collegeparkacademy.net

Who is the CEO of College Park Academy Inc?

Sandy Abu-Arja is the Executive Director of College Park Academy Inc.


Official website here: www.collegeparkacademy.net

What is the revenue of College Park Academy Inc?

College Park Academy Inc's revenue in 2022 was $9,053,364.


Official website here: www.collegeparkacademy.net

Who are the executives of College Park Academy Inc and what are their salaries?

The average compensation at College Park Academy Inc during 2022 was $65,432. There are 61 employees and 30 volunteers at College Park Academy Inc.


Here are 13 key members and their salaries:


Sandy Abu-Arja (Executive Director)
  • Compensation: $41,958
  • Related: $0
  • Other: $465
Robert Day (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Segun Eubanks (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Catlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlo Colella (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Carolyn Bernache (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Senator James Rosapepe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Gayatri Varma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Helene Cohen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Stephen B Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Griffin (Board Member As Of June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Bonnie Thornton Dill (Board Member Until June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Poterala (Board Member Until June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.collegeparkacademy.net

Where can I find the form 990 for College Park Academy Inc?

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


Official website here: www.collegeparkacademy.net

Learn more at the official website: www.collegeparkacademy.net

Mission Statement of College Park Academy Inc

College Park Academy Inc, a nonprofit organization, is dedicated to providing a rigorous college-preparatory education for students in the sixth through twelfth grades. This mission is accomplished through a comprehensive curriculum that includes robust extracurricular enrichment programs and early college credit opportunities. The academy aims to equip its students with the necessary skills and knowledge to excel in higher education, setting them on a path towards success. During the 2021-2022 academic year, College Park Academy served 677 students, demonstrating its commitment to providing quality education to a substantial number of students.

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Impact




July, 2024

College Park Academy Inc's impact lies in providing a rigorous college-prep education for students in sixth through twelfth grade. By offering a robust educational curriculum along with extracurricular enrichment programs and early college credit opportunities, this organization is preparing its 677 enrolled students for success in higher education. Their mission to equip students with the skills and knowledge needed for college demonstrates a commitment to fostering academic excellence and empowering young minds for future success.




This information is meant to be a general summary of College Park Academy Inc. 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
$9,053,364 (2022)
Expenses
$8,018,194 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,508
  • Program Service Revenue: $7,953,124
  • Gross Receipts: $9,053,364

Assets and Liabilities:

  • Total Assets: $7,806,759
  • Total Liabilities: $3,497,991
  • Net Assets: $4,308,768

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Programs

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

PER PUPIL FUNDING

Revenue

$7,868,771

ENRICHMENT PROGRAM

Revenue

$54,353

PROGRAM SERVICES

Revenue

$30,000

Organization Details

Founding Year

2013

Principal Officer

Sandy Abu-Arja

Main Address

5751 RIVERTECH COURT, RIVERDALE PARK, MD, 20737

NTEE Category

Code: B29 - Education

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