Overview
What is Mater Academy Of Nevada?
Mater Academy of Nevada, located at 6630 Surrey Street in Las Vegas, Nevada (89119), is a college preparatory charter school with a diverse and innovative educational approach. With a mission to prepare students for the global citizen role in the 21st century workforce, this nonprofit organization aims to ignite a thirst for knowledge and instill self-efficacy in its students. Mater Academy of Nevada's community is actively involved in their learning, and the school aspires to have a competitive edge through its challenging, multi-cultural curriculum. The organization employs 508 individuals dedicated to nurturing students into global citizens.
Official website here: www.materacademynv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Mater Academy of Nevada has received a two-star rating from Charity Navigator, indicating that while it meets some standards of accountability and finance, there are significant areas for improvement. The organization scored 73% overall, with notable strengths in board independence and financial oversight, reflecting a commitment to governance standards. Additionally, the program expense ratio is strong at 86.61%, suggesting that a substantial portion of expenses is directed towards its programs.
However, the organization faces critical shortcomings in its policies and financial management. Specifically, it lacks a whistleblower policy and a document retention and destruction policy, which are essential for transparency and accountability. Furthermore, the liabilities to assets ratio is concerning at 109.73%, indicating that the organization may have more debt than assets, potentially impacting its financial stability.
Overall, while Mater Academy of Nevada demonstrates some positive governance practices, the noted gaps in policies and financial ratios suggest a need for improved management strategies to enhance its accountability and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Mater Academy Of Nevada legitimate?
Mater Academy Of Nevada is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mater Academy Of Nevada 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: $20,690,700
For more financial information, click here
Official website here: www.materacademynv.org
What is the mission statement of Mater Academy Of Nevada?
Mater Academy of Nevada is dedicated to delivering an innovative and challenging education that prepares students to become global citizens and excel in the 21st century workforce. The mission of this charter school is to foster a multicultural learning environment that inspires students to develop a deep thirst for knowledge and a strong sense of self-efficacy. Mater Academy of Nevada aspires to involve its community in the education of its students, recognizing the importance of this partnership in fostering academic success. The school is committed to providing students with the tools they need to thrive in the modern world and develop into confident, capable individuals.
Official website here: www.materacademynv.org
Who is the CEO of Mater Academy Of Nevada?
Mary Beth Scow is the Board Vice Chair of Mater Academy Of Nevada.
Official website here: www.materacademynv.org
What is the revenue of Mater Academy Of Nevada?
Mater Academy Of Nevada's revenue in 2022 was $44,562,791.
Official website here: www.materacademynv.org
Who are the executives of Mater Academy Of Nevada and what are their salaries?
The average compensation at Mater Academy Of Nevada during 2022 was $40,730. There are 508 employees and 40 volunteers at Mater Academy Of Nevada.
Here are 7 key members and their salaries:
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- Compensation: $163,415
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Official website here: www.materacademynv.org
Where can I find the form 990 for Mater Academy Of Nevada?
Mater Academy Of Nevada's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.materacademynv.org
Learn more at the official website: www.materacademynv.org
Mission Statement of Mater Academy Of Nevada
Mater Academy of Nevada, a charter school with a mission to provide innovative and challenging education, aspires to prepare its students for global citizenship and a competitive edge in the 21st century workforce. The institution believes in igniting a thirst for knowledge and instilling self-efficacy in its students. Mater Academy of Nevada's community plays an active role in supporting the learning process of its students.
In their pursuit of academic excellence, Mater Academy of Nevada nurtures a multicultural environment that encourages students to broaden their horizons and embrace diversity. The institution is dedicated to fostering an educational experience that goes beyond textbooks, enabling students to grow into confident and capable individuals who can contribute meaningfully to society.
Mater Academy of Nevada's commitment to education extends beyond the classroom. The school fosters a collaborative learning environment where students and the community engage in a shared commitment to knowledge and growth. The institution's dedication to its students' success sets the foundation for a lifetime of learning and personal development.
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Impact
October, 2024
Mater Academy of Nevada significantly impacts its students and the broader community by offering a college preparatory education that is both innovative and challenging. Located in Las Vegas, the academy emphasizes a multicultural curriculum designed to equip students with the skills necessary to thrive as global citizens in an increasingly interconnected world.
The school's mission centers on fostering a thirst for knowledge and reinforcing self-efficacy among students, empowering them to take ownership of their educational journeys. By promoting active involvement from the community in students' learning processes, Mater Academy creates a supportive environment that enhances educational experiences and outcomes.
Through its focus on preparing students for the 21st-century workforce, Mater Academy equips them with a competitive edge, enabling them to navigate and succeed in diverse career paths. This holistic approach not only nurtures academic achievement but also cultivates essential life skills, ensuring that graduates are well-prepared to face the challenges of the future.
This information is meant to be a general summary of Mater Academy Of Nevada. 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: $1,604
- Program Service Revenue: $32,274,205
- Gross Receipts: $44,597,406
Assets and Liabilities:
- Total Assets: $109,336,244
- Total Liabilities: $112,563,265
- Net Assets: -$3,227,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DSA FUNDING
Revenue
$28,649,561
NATIONAL SCHOOL LUNCH PROGRAM
Revenue
$3,171,097
STUDENT ACTIVITIES
Revenue
$453,547
Organization Details
Founding Year
2014
Phone
(702) 431-6260Principal Officer
Mary Beth Scow
Main Address
6630 SURREY STREET, LAS VEGAS, NV, 89119
Website
www.materacademynv.orgNTEE Category
Code: B29 - Education
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