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Cutting Edge Learning Academy Inc

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

EIN: 464185917 ✦ Riverview, FL ✦ Designated as a 501(c)(3)

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Overview

What is Cutting Edge Learning Academy Inc?

Cutting Edge Learning Academy Inc, located in Riverview, Florida, is a nonprofit educational institution dedicated to nurturing academic, spiritual, and social growth in its students. With a staff of 20 individuals, the academy fosters a loving and supportive environment, encouraging students to pursue their aspirations while emphasizing the importance of God and neighborly love in their daily interactions. This organization's mission is to inspire students to reach their full potential in all aspects of life, providing a nurturing space where they can learn and grow.


Official website here: www.cuttingedgelearningacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 39%, Zero-Star out of Four Star Rating

Cutting Edge Learning Academy Inc has received a low rating from Charity Navigator, primarily due to critical concerns in its accountability and finance practices. The rating reflects a complete lack of independent board members and missing essential governance policies, such as conflict of interest and whistleblower policies. The absence of financial statements raises significant red flags regarding transparency and financial management.

Despite the concerning governance issues, the organization appears to allocate a substantial portion of its resources to programs, with a program expense ratio of 85.76%. This indicates that when funds are utilized, they are directed towards the intended programs, which is a positive aspect of their operations. However, the absence of essential documents and policies may undermine public trust in its governance and oversight.

Overall, potential donors and supporters should be cautious and consider the significant governance deficiencies highlighted in the rating. It is vital for nonprofits to maintain transparency and accountability, and Cutting Edge Learning Academy Inc currently falls short in these areas.


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

Is Cutting Edge Learning Academy Inc legitimate?

Cutting Edge Learning Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cutting Edge Learning Academy 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: $194,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $296,318

For more financial information, click here


Official website here: www.cuttingedgelearningacademy.org

What is the mission statement of Cutting Edge Learning Academy Inc?

The Cutting Edge Learning Academy Inc encourages its students to strive towards their academic, spiritual, and social goals. It emphasizes the importance of practicing love for God and neighbor in daily interactions. The academy's staff creates a nurturing environment to support this mission. The educational institution focuses on fostering the holistic development of its students.


Official website here: www.cuttingedgelearningacademy.org

Who is the CEO of Cutting Edge Learning Academy Inc?

Rev Mother Carina Okeke is the President/Tr of Cutting Edge Learning Academy Inc.


Official website here: www.cuttingedgelearningacademy.org

What is the revenue of Cutting Edge Learning Academy Inc?

Cutting Edge Learning Academy Inc's revenue in 2022 was $765,831.


Official website here: www.cuttingedgelearningacademy.org

Who are the executives of Cutting Edge Learning Academy Inc and what are their salaries?

The average compensation at Cutting Edge Learning Academy Inc during 2022 was $24,553. There are 20 employees and 1 volunteer at Cutting Edge Learning Academy Inc.


Here are 3 key members and their salaries:


Rev Mother Carina Okeke (President/Tr)
  • Compensation: $82,437
  • Related: $0
  • Other: $0
Regina Maraizu (Vice Pres/Se)
  • Compensation: $76,637
  • Related: $0
  • Other: $0
Gabriela Melo-Fermin (Director)
  • Compensation: $35,673
  • Related: $0
  • Other: $0


Official website here: www.cuttingedgelearningacademy.org

Where can I find the form 990 for Cutting Edge Learning Academy Inc?

Cutting Edge Learning Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cuttingedgelearningacademy.org

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

Mission Statement of Cutting Edge Learning Academy Inc

Cutting Edge Learning Academy, Inc. is dedicated to inspiring its students to achieve their academic, spiritual, and social aspirations. The organization fosters an environment that encourages the practice of love and compassion towards others in daily interactions. The staff at Cutting Edge Learning Academy, Inc. plays a significant role in this mission, providing a nurturing atmosphere that supports the students' pursuit of their goals.

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Impact




July, 2024

Cutting Edge Learning Academy Inc motivates students to pursue their academic, spiritual, and social goals while emphasizing the practice of love towards God and neighbors in their daily interactions. The academy provides a nurturing environment for students to grow and develop holistically. Through its educational programs, Cutting Edge Learning Academy Inc aims to equip students with the necessary skills and values to succeed academically and in their personal lives. The impact of the academy is reflected in the positive growth and development of its students as they strive towards their goals with a strong foundation in academic, spiritual, and social values.




This information is meant to be a general summary of Cutting Edge Learning Academy 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
$765,831 (2022)
Expenses
$729,188 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $763,308
  • Gross Receipts: $768,515

Assets and Liabilities:

  • Total Assets: $97,010
  • Total Liabilities: $85,877
  • Net Assets: $11,133

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Programs

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

TUITION/REGISTRATION INCOME

Revenue

$685,546

GARDINER

Revenue

$60,404

HOPE SCHOLARSHIP

Revenue

$10,483

EXTENDED CARE

Revenue

$6,875

Organization Details

Founding Year

2013

Principal Officer

Rev Mother Carina Okeke

Main Address

10512 LAKE ST CHARLES BLVD, RIVERVIEW, FL, 33578

NTEE Category

Code: B24 - Education

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