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:
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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.
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
Phone
(435) 566-6957Principal Officer
Jared Hamner
Main Address
928 NORTH 100 EAST, TOOELE, UT, 84074
Website
www.scholarcharter.orgNTEE Category
Code: B99 - Education
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