Overview
What is Academy Of Greatness & Excellence?
The Academy of Greatness & Excellence, located at 441 North Street, Teaneck, NJ 07666, is a fully accredited and licensed pre-kindergarten through eighth grade school. Committed to providing affordable education, the institution places a strong emphasis on fostering a loving and nurturing environment that encourages the development of well-rounded, highly educated, responsible, and proactive students. Grounded in their mission, the school strives to instill an unyielding passion for knowledge in all its forms, nurturing their students' intellectual and personal growth. With a dedicated staff of 23 employees, the Academy of Greatness & Excellence is committed to delivering exceptional education in the state of New Jersey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 41%
The Academy Of Greatness & Excellence has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding accountability and financial practices. With an overall score of 41%, the organization struggles particularly with governance, evidenced by the absence of independent board members and missing essential policies related to conflicts of interest and whistleblower protections.
Despite these governance issues, the nonprofit does demonstrate a strong commitment to its programmatic efforts, reflected in a high program expense ratio of 91.62%. This suggests that the majority of its financial resources are directed towards its mission-related activities, which is a positive aspect of its operations. However, without transparent financial statements and a lack of required governance policies, potential donors may find it challenging to assess the overall effectiveness and sustainability of the organization.
Limitations in operational transparency are particularly concerning, as no independent members serve on the board, and critical documents such as financial statements are not available. Additionally, the organization's website is not listed on the tax forms filed, which raises further questions about its accessibility and adherence to best practices in nonprofit management. Overall, while the Academy Of Greatness & Excellence shows promise in program expenditure, its governance and financial transparency require significant improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Academy Of Greatness & Excellence legitimate?
Academy Of Greatness & Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Greatness & Excellence 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: $973,814
For more financial information, click here
What is the mission statement of Academy Of Greatness & Excellence?
The Academy of Greatness & Excellence is committed to nurturing highly educated, responsible, and active students with an intrinsic love for knowledge. This mission is rooted in the school's dedication to providing quality education from pre-kindergarten to eighth grade in a caring environment. The institution, fully accredited and licensed by the State of New Jersey, strives for excellence in education, ensuring it is affordable for families.
Who is the CEO of Academy Of Greatness & Excellence?
Rashad Rashad is the President of Academy Of Greatness & Excellence.
What is the revenue of Academy Of Greatness & Excellence?
Academy Of Greatness & Excellence's revenue in 2022 was $3,502,341.
Who are the executives of Academy Of Greatness & Excellence and what are their salaries?
The average compensation at Academy Of Greatness & Excellence during 2022 was $42,340. There are 23 employees and 6 volunteers at Academy Of Greatness & Excellence.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Academy Of Greatness & Excellence?
Academy Of Greatness & Excellence's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Academy Of Greatness & Excellence
The Academy of Greatness & Excellence is committed to a mission that aims to foster the development of highly educated, responsible, and active students. This mission is rooted in the belief that these students should cultivate an enduring interest in the pursuit of knowledge in all its forms. The academic institution is grounded in the strengths of its students, striving to create an environment that is conducive to learning and growth. The Academy of Greatness & Excellence, which is fully accredited and licensed by the state of New Jersey, is dedicated to providing top-notch education in pre-kindergarten through eighth grade within a loving and nurturing atmosphere. The school's tuition is designed to be affordable for families, ensuring that education remains accessible to all.
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Impact
July, 2024
Academy Of Greatness & Excellence has had a significant impact on the educational landscape by providing a nurturing and affordable environment for students from pre-kindergarten through eighth grade in Teaneck, NJ. By focusing on developing highly educated, responsible, and active students with a passion for knowledge, the academy plays a crucial role in shaping the next generation of learners. Through their accredited and licensed programs, they are able to instill values of excellence and academic curiosity in students, paving the way for their future success. The academy's commitment to offering quality education at an accessible cost underscores their dedication to ensuring that all families have the opportunity to provide their children with a top-notch education.
This information is meant to be a general summary of Academy Of Greatness & Excellence. 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 2022.
- Investment Income: $341
- Program Service Revenue: $3,500,250
- Gross Receipts: $3,502,341
Assets and Liabilities:
- Total Assets: $18,311,548
- Total Liabilities: $16,000,358
- Net Assets: $2,311,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITION & FEES
Revenue
$3,500,250
Organization Details
Founding Year
2013
Phone
(201) 836-2555Principal Officer
Rashad Rashad
Main Address
441 NORTH STREET, TEANECK, NJ, 07666
NTEE Category
Code: B24 - Education
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