Overview
What is Girls Leadership Academy Of Wilmington Foundation?
The Girls Leadership Academy of Wilmington Foundation is a nonprofit organization situated in Wilmington, North Carolina, specifically at 4100 Sunglow Drive. This institution provides a unique, single-gender public charter school environment for approximately 369 students, focusing on rigorous college-preparatory education and encouraging college graduation. The school culture fosters a balanced life that nurtures confidence, compassion, critical thinking, and personal responsibility. The primary mission of the foundation is to support young women in achieving the highest levels of personal and academic success, instilling in them the responsibility to shape their own lives. With a staff of 114 individuals, the Girls Leadership Academy of Wilmington Foundation is dedicated to empowering the next generation of women.
Official website here: www.glowacademy.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Girls Leadership Academy Of Wilmington Foundation holds a Three-Star rating on Charity Navigator, reflecting a solid level of accountability and finance management. The rating is derived entirely from their performance in the Accountability & Finance category, where they scored an impressive 81%. This indicates a commendable effort in maintaining transparency and financial health, which is crucial for donor trust and organizational sustainability.
Strengths of the organization include a fully independent board and comprehensive financial oversight, with all board members meeting independence criteria. They have well-established policies for conflict of interest and whistleblowing, as well as a clear approach to document retention. Notably, their program expense ratio is strong at 83.49%, suggesting that a significant portion of their funding directly supports their programs.
However, a concern is raised by their liabilities to assets ratio, which scored 0 out of 15 points, indicating potential issues related to financial leverage or asset management. While the organization shows strong accountability and transparency, addressing its financial liabilities could enhance its overall rating and operational stability.
This AI summary has been generated from information found on Charity Navigator.
Is Girls Leadership Academy Of Wilmington Foundation legitimate?
Girls Leadership Academy Of Wilmington Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Girls Leadership Academy Of Wilmington Foundation 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: $3,349,110
For more financial information, click here
Official website here: www.glowacademy.net
What is the mission statement of Girls Leadership Academy Of Wilmington Foundation?
The Girls Leadership Academy of Wilmington Foundation's mission is centered around supporting young women in their pursuit of high levels of personal and academic achievement. This organization encourages these young women to take charge of their lives, fostering a sense of responsibility. In a unique single-gender public charter school environment, the foundation provides rigorous college-preparatory education and supports students in working towards college graduation. The school culture encourages a balanced lifestyle, aiming to develop confidence, compassion, critical thinking, and personal responsibility in its students.
Official website here: www.glowacademy.net
Who is the CEO of Girls Leadership Academy Of Wilmington Foundation?
Kate Groat is the Vice Chair of Girls Leadership Academy Of Wilmington Foundation.
Official website here: www.glowacademy.net
What is the revenue of Girls Leadership Academy Of Wilmington Foundation?
Girls Leadership Academy Of Wilmington Foundation's revenue in 2022 was $5,647,915.
Official website here: www.glowacademy.net
Who are the executives of Girls Leadership Academy Of Wilmington Foundation and what are their salaries?
The average compensation at Girls Leadership Academy Of Wilmington Foundation during 2022 was $29,378. There are 114 employees and 56 volunteers at Girls Leadership Academy Of Wilmington Foundation.
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Official website here: www.glowacademy.net
Where can I find the form 990 for Girls Leadership Academy Of Wilmington Foundation?
Girls Leadership Academy Of Wilmington Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.glowacademy.net
Learn more at the official website: www.glowacademy.net
Mission Statement of Girls Leadership Academy Of Wilmington Foundation
The Girls Leadership Academy of Wilmington Foundation is dedicated to empowering young women to reach their highest potential in both personal and academic aspects. Their mission is to encourage these young ladies to take charge of their lives, fostering a sense of responsibility and accountability. Through their unique, single-gender public charter school environment, they support approximately 369 students in their pursuit of rigorous college-preparatory education, ultimately aiming for college graduation. The Academy's culture challenges its students to strike a balance in their lives, fostering qualities such as confidence, compassion, critical thinking, and personal responsibility.
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Impact
July, 2024
Girls Leadership Academy Of Wilmington Foundation's impact is empowering young women to embrace high levels of personal and academic achievement while taking responsibility for their lives. By providing a unique single-gender public charter school environment for approximately 369 students in Wilmington, NC, the foundation supports rigorous college preparatory education and encourages college graduation. The school culture challenges students to live balanced lives that nurture confidence, compassion, critical thinking, and personal responsibility. Through its education initiatives, the foundation is shaping future leaders who are equipped to succeed academically and personally.
This information is meant to be a general summary of Girls Leadership Academy Of Wilmington Foundation. 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: -$1,703
- Program Service Revenue: $56,601
- Gross Receipts: $5,649,750
Assets and Liabilities:
- Total Assets: $13,942,870
- Total Liabilities: $11,998,632
- Net Assets: $1,944,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITIES AND FEES
Revenue
$55,710
LUNCH SERVICE
Revenue
$891
Organization Details
Founding Year
2013
Phone
(910) 338-5258Principal Officer
Kate Groat
Main Address
4100 SUNGLOW DRIVE, WILMINGTON, NC, 28405
Website
www.glowacademy.netNTEE Category
Code: B25 - Education
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