Overview
What is Impact Academy School Inc?
Impact Academy School Inc, situated in Seffner, Florida, is a private, nonprofit institution with a compassionate mission. The school primarily caters to the educational needs of special-needs students, providing them with both academic and life skills training. With approximately 70 students enrolled, the school boasts a dedicated team of 44 employees, fostering a nurturing environment for its students. Impact Academy's mission is to empower special-needs children by equipping them with the necessary tools for personal growth and success.
Official website here: www.impactacademyschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, Two-Star out of Four Star rating.
Impact Academy School Inc has received a score of 62%, which indicates a need for improvement in its accountability and financial practices. The organization has zero independent board members, which is a significant concern as independent oversight is crucial for maintaining transparency and accountability in nonprofit governance. While the organization has implemented some policies, such as those regarding conflicts of interest and whistleblowing, other essential practices like document retention are lacking.
Despite the governance issues, Impact Academy shows strengths in its financial management, with a low liabilities to assets ratio of 26.75% and a high program expense ratio of 86.80%, suggesting that a significant portion of its resources is directed toward its programs. However, the absence of independent board members and insufficient financial oversight raises questions about the long-term sustainability and ethical management of the organization. Overall, while the organization is effectively using funds for its programs, there are critical areas that need addressing to enhance its governance and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Academy School Inc legitimate?
Impact Academy School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Academy School 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: $207,543
Professional Fundraising Fees: $0
Other Salaries and Wages: $574,861
For more financial information, click here
Official website here: www.impactacademyschool.org
What is the mission statement of Impact Academy School Inc?
Impact Academy School Inc, as a private not-forprofit institution, is dedicated to educating special-needs children. Their mission encompasses teaching both academic and personal life skills to these children, aiming to equip them with the necessary tools for their future. The school's focus is on providing a comprehensive learning experience, catering to the unique needs of each student. The enrollment at Impact Academy is approximately 70 students, reflecting their commitment to serving a significant number of special-needs children.
Official website here: www.impactacademyschool.org
Who is the CEO of Impact Academy School Inc?
Colette Stibich is the Principal of Impact Academy School Inc.
Official website here: www.impactacademyschool.org
What is the revenue of Impact Academy School Inc?
Impact Academy School Inc's revenue in 2023 was $1,234,972.
Official website here: www.impactacademyschool.org
Who are the executives of Impact Academy School Inc and what are their salaries?
The average compensation at Impact Academy School Inc during 2023 was $17,782. There are 44 employees at Impact Academy School Inc.
Here are 9 key members and their salaries:
- Compensation: $111,000
- Related: $0
- Other: $0
- Compensation: $96,542
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.impactacademyschool.org
Where can I find the form 990 for Impact Academy School Inc?
Impact Academy School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.impactacademyschool.org
Learn more at the official website: www.impactacademyschool.org
Mission Statement of Impact Academy School Inc
Impact Academy School Inc, a private not-for-profit entity, is dedicated to the education of special-needs children. Their mission is multifaceted, encompassing the teaching of both academic and personal life skills. The school takes a holistic approach to learning, ensuring that each student receives the necessary tools for personal growth and success in their daily lives. With a student body of approximately 70 individuals, Impact Academy School Inc is committed to creating a nurturing and supportive environment where each child can thrive. Their focus on special-needs education sets them apart, providing a unique learning experience tailored to meet the individual needs of each student.
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Impact
July, 2024
Impact Academy School Inc's impact is evident in the transformation of special-needs children's lives through personalized academic and life skills education. With a focus on individualized learning and personal development, Impact Academy empowers its students to thrive and succeed despite their challenges. This dedicated approach has helped approximately 70 students in Seffner, FL, to reach their full potential and become more confident and capable individuals. The school's mission to provide quality education to special-needs children is undeniably making a positive difference in the lives of these students and their families.
This information is meant to be a general summary of Impact Academy School 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 2023.
- Investment Income: $14
- Program Service Revenue: $1,168,547
- Gross Receipts: $1,246,004
Assets and Liabilities:
- Total Assets: $2,276,874
- Total Liabilities: $609,092
- Net Assets: $1,667,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$1,168,547
Organization Details
Founding Year
2014
Principal Officer
Colette Stibich
Main Address
1301 S Parsons Ave, Seffner, FL, 335844529
Website
www.impactacademyschool.orgNTEE Category
Code: B99 - Education
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