Overview
What is Academy Foundation Inc?
Academy Foundation Inc, based in Fayetteville, Arkansas, is a nonprofit organization with a mission to support the educational activities of Haas Hall Academy, a public, open-enrollment charter school under the Arkansas Department of Education. The foundation's primary role is to contribute to the academic growth of the school, providing essential resources and assistance to ensure its success. Located at 3880 N Front St, Fayetteville, AR 72703, the foundation is committed to the betterment of education in its local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Academy Foundation Inc demonstrates some accountability and financial transparency, there are significant areas needing improvement. Achieving a score of 63 in Accountability & Finance reflects some strengths in governance, particularly having a fully independent board, but highlights deficiencies in their transparency practices.
The organization excelled in certain aspects, such as having a perfect score for the liabilities to assets ratio and program expense ratio, indicating sound financial management in those areas. However, it fell short in other critical areas, such as website transparency, having no conflict of interest policy, whistleblower policy, or document retention policies in place, which raises concerns about adherence to best practices in governance.
Overall, while the Academy Foundation Inc shows potential in managing its finances effectively, the lack of essential policies and transparency measures could undermine stakeholder trust. To enhance its rating and organizational effectiveness, it would benefit from addressing these governance and accountability gaps.
This AI summary has been generated from information found on Charity Navigator.
Is Academy Foundation Inc legitimate?
Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Academy Foundation Inc?
The Academy Foundation Inc's mission is centered around supporting the educational activities of Haas Hall Academy, a public, open-enrollment charter school. This foundation operates under the Arkansas Department of Education, working to contribute to the school's educational endeavors. By doing so, it aims to contribute positively to the learning environment and the overall development of students attending Haas Hall Academy.
Who is the CEO of Academy Foundation Inc?
Martin Schoppmeyer is the Executive Di of Academy Foundation Inc.
What is the revenue of Academy Foundation Inc?
Academy Foundation Inc's revenue in 2022 was $89,137.
Who are the executives of Academy Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Academy Foundation Inc?
Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Academy Foundation Inc
Academy Foundation Inc, a supporting organization, is dedicated to backing the educational initiatives of Haas Hall Academy, a public, open-enrollment charter school. Its primary mission is to contribute to the academic activities of this institution, aiming to foster a conducive learning environment for its students. This foundation operates with the objective of supporting the operations of Haas Hall Academy, which falls under the jurisdiction of the Arkansas Department of Education.
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Impact
October, 2024
Academy Foundation Inc significantly enhances the educational activities of Haas Hall Academy, a public, open-enrollment charter school in Fayetteville, AR. By providing resources and support, the foundation plays a crucial role in promoting a quality learning environment that encourages student achievement and growth.
The foundation's efforts are focused on enriching the curriculum, facilitating innovative teaching methods, and offering additional programs that enhance the educational experience for students. This support not only aids in the day-to-day operations of the school but also helps foster a sense of community and belonging among students, staff, and families.
Through its activities, Academy Foundation Inc actively contributes to the overall success of the charter school, ensuring that students have access to the tools and opportunities necessary to thrive academically and personally. This commitment to education allows Haas Hall Academy to maintain its mission of providing a robust and dynamic educational experience for all its students.
This information is meant to be a general summary of Academy Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $970
- Gross Receipts: $89,137
Assets and Liabilities:
- Total Assets: $592,093
- Total Liabilities: $0
- Net Assets: $592,093
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Organization Details
Founding Year
2013
Phone
(479) 966-4930Principal Officer
Martin Schoppmeyer
Main Address
3880 N FRONT ST, FAYETTEVILLE, AR, 72703
NTEE Category
Code: Z99 - Unknown
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