Academy For Classical Education Inc

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

EIN: 463722435 ✦ Macon, GA ✦ Designated as a 501(c)(3)

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Overview

What is Academy For Classical Education Inc?

Academy For Classical Education Inc is a nonprofit organization based in Macon, Georgia, with a workforce of 247 employees. They provide facilities, teachers, instructional services, and materials to students enrolled in a public charter school they operate, which caters to students in grades K-12. The organization's mission is to establish a strong foundation of knowledge and critical thinking skills within children, enabling them to become self-reliant learners for their entire lives. Academy For Classical Education aims to accomplish this mission by operating as a public charter school in Macon, Georgia.


Official website here: www.acemacon.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

The Academy For Classical Education Inc has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is derived from a comprehensive evaluation focused solely on Accountability & Finance, indicating a strong commitment to maintaining transparency and sound financial practices. The organization has demonstrated excellent governance with a fully independent board and a very high program expense ratio of 94.21%, suggesting that a significant portion of its resources is directed towards its educational mission.

Strengths of the charity include a robust set of policies, such as a conflict of interest policy, a whistleblower policy, and proper document retention practices, all of which are in place to ensure ethical management. The organization has also shown no material diversion of assets, which speaks to its integrity and trustworthiness in financial dealings. Additionally, all required financial documentation is readily available, contributing to a favorable evaluation by watchdog organizations.

However, despite the strong accountability measures and high program expense ratio, the organization has a liabilities to assets ratio of 115.90%, which raises some concerns about financial stability. This aspect suggests that the organization may have more liabilities than assets, potentially affecting its long-term sustainability. Overall, while the Academy For Classical Education Inc shows notable strengths, careful attention to its financial ratios may be necessary to ensure ongoing viability.


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

Is Academy For Classical Education Inc legitimate?

Academy For Classical Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy For Classical Education 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: $309,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,225,711

For more financial information, click here


Official website here: www.acemacon.org

What is the mission statement of Academy For Classical Education Inc?

The Academy For Classical Education Inc is dedicated to fostering the development of essential knowledge and critical thinking skills in students, enabling them to become self-reliant learners for life. The institution's mission focuses on providing a strong foundation for intellectual growth. By offering facilities, teachers, instructional resources, and materials, the school supports students enrolled in a public charter program. Its primary goal is to empower students with the skills and knowledge necessary to succeed beyond their academic years.


Official website here: www.acemacon.org

Who is the CEO of Academy For Classical Education Inc?

Pat Kelly is the Complex Prin of Academy For Classical Education Inc.


Official website here: www.acemacon.org

What is the revenue of Academy For Classical Education Inc?

Academy For Classical Education Inc's revenue in 2022 was $23,527,627.


Official website here: www.acemacon.org

Who are the executives of Academy For Classical Education Inc and what are their salaries?

The average compensation at Academy For Classical Education Inc during 2022 was $38,604. There are 247 employees and 500 volunteers at Academy For Classical Education Inc.


Here are 10 key members and their salaries:


Laura Perkins (Complex Prin)
  • Compensation: $104,616
  • Related: $0
  • Other: $0
Esterine Stokes (Dean Of Acad)
  • Compensation: $103,738
  • Related: $0
  • Other: $0
Pat Kelly (Chief Financ)
  • Compensation: $101,117
  • Related: $0
  • Other: $0
Ember Bentley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Witt Gaither (Board Chairp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Gillis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kruger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Schnetzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Stafford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acemacon.org

Where can I find the form 990 for Academy For Classical Education Inc?

Academy For Classical Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.acemacon.org

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

Mission Statement of Academy For Classical Education Inc

Academy For Classical Education, a public charter school, is dedicated to fostering the foundational knowledge and critical thinking skills necessary for students to become self-reliant learners for life. The institution's primary mission is to equip children with a strong educational base, enabling them to navigate their academic journeys effectively and independently.

The Academy For Classical Education prioritizes providing the necessary facilities, teachers, instructional resources, and materials for students enrolled in their educational program. The organization's commitment to building a solid foundation of knowledge and critical thinking skills extends beyond the classroom. Each student's growth is nurtured through the delivery of quality education tailored to their unique learning needs.

In essence, Academy For Classical Education's mission is geared towards developing well-rounded individuals who can think critically, learn independently, and contribute positively to their communities. Through a student-centered approach, the institution aims to create a learning environment that fosters intellectual curiosity and a lifelong love for learning.

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Impact




October, 2024

Academy For Classical Education Inc significantly impacts the educational landscape in Macon, Georgia, by serving grades K-12 and providing a dedicated environment for academic growth. The school focuses on fostering critical thinking skills and a solid knowledge base, which empowers students to become independent learners.

By offering quality facilities, experienced teachers, and comprehensive instructional services, the Academy creates an enriching educational experience. Its mission aligns with the goal of preparing students not only for academic success but for lifelong learning and personal growth, contributing positively to the community by developing well-informed and capable citizens.




This information is meant to be a general summary of Academy For Classical Education 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.

Revenue
$23,527,627 (2022)
Expenses
$20,732,149 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $291
  • Program Service Revenue: $1,118,092
  • Gross Receipts: $23,527,627

Assets and Liabilities:

  • Total Assets: $51,845,006
  • Total Liabilities: $61,255,341
  • Net Assets: -$9,410,335

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$1,118,092

Organization Details

Founding Year

2013

Principal Officer

Pat Kelly

Main Address

5665 NEW FORSYTH ROAD, MACON, GA, 31210

NTEE Category

Code: Z99 - Unknown

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