Overview
What is Portico Education Foundation?
The Portico Education Foundation, primarily identified through Trivium Academy, is a nonprofit organization based in Carrollton, Texas. Their mission revolves around providing a classical education that fosters lifelong learners, encouraging critical thinking, information analysis, and self-expression with growing sophistication each year. The foundation works to help students succeed by adopting a personalized learning approach tailored to each child's strengths, weaknesses, learning style, and interests, ultimately resulting in well-rounded individuals ready to confront the world. Trivium Academy, the doing business as name, employs a team of 103 individuals.
Official website here: www.triviumacademytx.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Portico Education Foundation has received a solid Three-Star rating from Charity Navigator, primarily reflecting its strong accountability and financial management practices. The organization boasts a high level of transparency with 100% independent board members and exemplary scores in areas including financial statements oversight and conflict of interest policies, contributing to its favorable evaluation.
The foundation's program expense ratio stands at an impressive 92.06%, indicating that a significant portion of its financial resources is directed toward its programs rather than administrative costs. This efficiency highlights Portico Education Foundation's commitment to maximizing the impact of its funding on its mission.
However, the foundation's liabilities to assets ratio is noted at 54.34%, which, while not alarming, suggests there is room for improvement in managing its financial obligations. Overall, the organization appears to maintain a strong operational framework, though continued attention to its financial ratios could enhance its stability and growth prospects.
This AI summary has been generated from information found on Charity Navigator.
Is Portico Education Foundation legitimate?
Portico Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portico Education 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: $4,157,533
For more financial information, click here
Official website here: www.triviumacademytx.com
What is the mission statement of Portico Education Foundation?
The Portico Education Foundation, through its Trivium Academy, aims to offer a classical education suitable for the contemporary world. This education equips students with the ability to be lifelong learners, encouraging them to critically analyze information and express themselves with growing sophistication annually. The foundation assists students in their success by providing an individualized learning approach, taking into account each child's strengths, weaknesses, learning style, and interests. This tailored approach results in well-rounded students who are prepared to face and challenge the world.
Official website here: www.triviumacademytx.com
Who is the CEO of Portico Education Foundation?
Marci Roe is the President of Portico Education Foundation.
Official website here: www.triviumacademytx.com
What is the revenue of Portico Education Foundation?
Portico Education Foundation's revenue in 2022 was $6,494,366.
Official website here: www.triviumacademytx.com
Who are the executives of Portico Education Foundation and what are their salaries?
The average compensation at Portico Education Foundation during 2022 was $40,364. There are 103 employees at Portico Education Foundation.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.triviumacademytx.com
Where can I find the form 990 for Portico Education Foundation?
Portico Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.triviumacademytx.com
Learn more at the official website: www.triviumacademytx.com
Mission Statement of Portico Education Foundation
Portico Education Foundation, through its Trivium Academy, aims to equip children with a classical education suitable for the modern world. The foundation's approach encourages students to engage actively with learning content, critically analyze information, and express their thoughts with growing sophistication each year. By offering an individualized learning approach, Portico Education Foundation caters to each child's strengths, weaknesses, learning style, and interests. This tailored approach results in well-rounded students who are prepared to confront the challenges of the world with confidence and resilience.
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Impact
July, 2024
Portico Education Foundation's impact lies in providing Trivium Academy, which offers a classical education for the modern world. Students at Trivium Academy engage in learning content, critically examine information, and express themselves with increasing sophistication each year. The foundation's approach focuses on individualized learning based on each child's strengths, weaknesses, learning style, and interests, resulting in well-rounded students who are prepared to challenge the world. Their emphasis on lifelong learning and critical thinking helps shape students who are not only successful academically but are also equipped to navigate the complexities of the world around them.
This information is meant to be a general summary of Portico Education 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.
- Program Service Revenue: $81,541
- Gross Receipts: $6,494,366
Assets and Liabilities:
- Total Assets: $2,605,593
- Total Liabilities: $652,555
- Net Assets: $1,953,038
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATHLETICS
Revenue
$46,103
FOOD SERVICE
Revenue
$19,881
ENTERPRISE
Revenue
$15,557
Organization Details
Founding Year
2014
Principal Officer
Marci Roe
Main Address
2205 E HEBRON PKWY, CARROLLTON, TX, 750104442
Website
www.triviumacademytx.comNTEE Category
Code: B01 - Education
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