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Scholar Academy

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

EIN: 463239199 ✦ Tooele, UT ✦ Designated as a 501(c)(3)

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Overview

What is Scholar Academy?

Scholar Academy is a nonprofit organization situated in Tooele, Utah, with the address 928 North 100 East, 84074. Their mission is centered around providing a high-quality education for students in grades K-8, utilizing innovative methods such as creative problem-solving, collaborative learning, experiential learning, and reflection across various academic disciplines. This student-focused approach aims to challenge and stimulate students at all learning levels, ensuring they enjoy a rich and engaging educational experience.


Official website here: www.scholarcharter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Scholar Academy has achieved a Three-Star rating on Charity Navigator, reflecting a solid level of accountability and financial health. The organization scored 77% in this area, indicating that it has a strong commitment to responsible financial practices, with notable strengths in board independence and financial oversight.

Key strengths include 100% independent board members and a commitment to comprehensive financial audits, which earned high scores in multiple accountability metrics. The organization maintains a high program expense ratio at 87.66%, suggesting that a significant portion of its resources is allocated to its mission-related activities rather than administrative costs.

However, there are areas for improvement, specifically the absence of a whistleblower policy, which received a score of zero. Additionally, the liabilities to assets ratio was notably low, indicating potential financial concerns that could affect long-term sustainability. Overall, while Scholar Academy demonstrates strong financial practices, addressing these limitations could further enhance its accountability profile.


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

Is Scholar Academy legitimate?

Scholar Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholar 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


Official website here: www.scholarcharter.org

What is the mission statement of Scholar Academy?

Scholar Academy aims to provide a stimulating and student-centered educational program for students in grades K-8. The academy's mission is focused on enhancing and challenging students at all levels, utilizing creative problem-solving, cooperative learning, experiential learning, and reflection across various academic disciplines. By building upon a foundation of academic excellence, Scholar Academy aspires to create an engaging learning environment that fosters growth and development in its students.


Official website here: www.scholarcharter.org

Who is the CEO of Scholar Academy?

Jared Hamner is the Board Chair of Scholar Academy.


Official website here: www.scholarcharter.org

What is the revenue of Scholar Academy?

Scholar Academy's revenue in 2022 was $6,269,689.


Official website here: www.scholarcharter.org

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

There 5 volunteers at Scholar Academy.


Here are 5 key members and their salaries:


Jared Hamner (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johanna Leonelli (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dusty Griffith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cami Caizer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Laughlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.scholarcharter.org

Where can I find the form 990 for Scholar Academy?

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


Official website here: www.scholarcharter.org

Learn more at the official website: www.scholarcharter.org

Mission Statement of Scholar Academy

Scholar Academy, a nonprofit organization, is dedicated to the education of students in grades K-8. Their mission is to provide a rich, engaging, and student-centered educational program that is focused on improving and challenging students at all levels. The academy achieves this by building upon a foundation of academic excellence, incorporating creative problem-solving, cooperative learning, experiential learning, and reflection throughout various academic disciplines. This approach aims to foster an environment where students can thrive and develop their skills, ultimately setting them up for success in their future endeavors.

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Impact




July, 2024

Scholar Academy's impact is felt through its dedication to providing K-8 students with a rich, engaging, and student-centered educational program. By focusing on academic excellence, creative problem solving, cooperative learning, experiential learning, and reflection across various disciplines, Scholar Academy is shaping the minds of students at all levels. This approach not only improves students' academic performance but also challenges them to reach their full potential in Tooele, UT.




This information is meant to be a general summary of Scholar 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
$6,269,689 (2022)
Expenses
$5,536,543 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,046
  • Program Service Revenue: $42,881
  • Gross Receipts: $6,269,689

Assets and Liabilities:

  • Total Assets: $13,719,004
  • Total Liabilities: $11,285,194
  • Net Assets: $2,433,810

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Programs

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

SCHOOL SERVICES

Revenue

$42,881

Organization Details

Founding Year

2013

Principal Officer

Jared Hamner

Main Address

928 NORTH 100 EAST, TOOELE, UT, 84074

NTEE Category

Code: B99 - Education

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