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Mca Academy 2 Inc

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

EIN: 465302974 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Mca Academy 2 Inc?

Mca Academy 2 Inc is a nonprofit organization situated in Miami, Florida, specifically at 2911 Grand Avenue Suite 500. Its mission is to establish a nurturing learning environment that inspires children to pursue their personal objectives and talents while maintaining academic rigor. In the previous fiscal year (FY 2022), the institution achieved a significant milestone by promoting every student to the next grade level and ensuring that all college-bound and accepted seniors successfully graduated. Mca Academy places a strong emphasis on individuality, cooperation, and equipping students with the necessary tools to excel in both their academic and social lives. With a dedicated team of 10 employees, the organization strives to promote the overall growth and development of its students.


Official website here: www.mcaacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Overall, Mca Academy 2 Inc has received a Two-Star out of Four Star rating, indicating areas that require attention. The organization scored 65% overall, reflecting a need for improvement in accountability and finance practices. While it has a solid program expense ratio of over 90%, demonstrating a commitment to its mission, several governance issues were noted.

One of the notable strengths of Mca Academy 2 Inc is its financial management, particularly its low liabilities to assets ratio of 5.57%. This suggests that the organization is financially stable and efficiently directs funds towards its programs. However, the board composition raises concerns, as only 42% of board members are independent, which is below optimal standards, indicating potential conflicts of interest.

Additionally, the absence of key policies, such as a whistleblower policy and document retention and destruction policy, highlights gaps in governance. Furthermore, the lack of financial statements and the nonprofit's tax form on its website diminishes transparency. Addressing these issues could significantly enhance its credibility and operational effectiveness.


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

What do the Facebook reviews say about Mca Academy 2 Inc?

4 reviews on Facebook mention positive experiences with Mca Academy 2 Inc. Here is a summary of their comments:

One reviewer highlights the engaging and charismatic nature of David, describing him as a "pied piper of children." His passion for sailing and ability to connect with young people is emphasized, indicating that children enjoy the programs offered. The parent expresses gratitude for David's influence, noting that their daughter loves being involved in the sailing activities he organizes.

Overall, the sentiments lean towards appreciation for the leadership and enthusiasm that David brings to the organization. There is a sense of satisfaction among parents regarding the enriching experiences their children are having at Mca Academy 2 Inc.


This AI summary has been generated from reviews found on Facebook.

Is Mca Academy 2 Inc legitimate?

Mca Academy 2 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mca Academy 2 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: $154,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $341,041

For more financial information, click here


Official website here: www.mcaacademy.com

What is the mission statement of Mca Academy 2 Inc?

MCA Academy 2 Inc's mission is to create a child-focused learning environment that inspires children to pursue and achieve their personal aspirations, all while maintaining high academic standards. The academy offers an intellectually stimulating atmosphere, identifies and fosters each student's inherent abilities, promotes individuality, encourages teamwork among peers, and equips children with the necessary skills to thrive in both their academic and social endeavors.


Official website here: www.mcaacademy.com

Who is the CEO of Mca Academy 2 Inc?

Ingrid Acosta is the President/Director/Principal of Mca Academy 2 Inc.


Official website here: www.mcaacademy.com

What is the revenue of Mca Academy 2 Inc?

Mca Academy 2 Inc's revenue in 2023 was $1,291,314.


Official website here: www.mcaacademy.com

Who are the executives of Mca Academy 2 Inc and what are their salaries?

The average compensation at Mca Academy 2 Inc during 2023 was $49,575. There are 10 employees at Mca Academy 2 Inc.


Here are 7 key members and their salaries:


Ingrid Acosta (President/Director/Principal)
  • Compensation: $135,600
  • Related: $0
  • Other: $0
Ronald Jakubisin (Media Director/Marketing/Web Support Consultant)
  • Compensation: $12,111
  • Related: $0
  • Other: $0
Rebeca Acosta (Vice-President/Director/Bookkeeper)
  • Compensation: $7,000
  • Related: $0
  • Other: $0
Lara Jonasson (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eduardo Oliva (Financial Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Swingly (Development Consultant/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandra Lorenzo (Grants Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mcaacademy.com

Where can I find the form 990 for Mca Academy 2 Inc?

Mca Academy 2 Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mcaacademy.com

Learn more at the official website: www.mcaacademy.com

Mission Statement of Mca Academy 2 Inc

MCA Academy 2 Inc, with a focus on child-centered learning, strives to create an engaging environment that motivates children to pursue their personal goals and talents, without compromising on academic excellence. The mission of this organization is to establish a challenging and rigorous academic setting that recognizes and fosters the unique potential in each student. It encourages individuality, promoting a cooperative atmosphere among peers, and equips children with the necessary tools to succeed in both their academic and social lives.

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Impact




July, 2024

MCA Academy 2 Inc's impact is evident in its ability to provide a child-centered learning environment that not only promotes academic excellence but also motivates children to develop and achieve their personal goals and talents. In the most recent fiscal year, the organization successfully promoted 100% of its student body to the next grade level and ensured that all college-bound and accepted seniors graduated. This signifies the tangible impact MCA Academy 2 Inc has on the educational advancement and personal growth of its students in Miami, FL.




This information is meant to be a general summary of Mca Academy 2 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
$1,291,314 (2023)
Expenses
$1,282,889 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,354
  • Program Service Revenue: $1,287,857
  • Gross Receipts: $1,291,314

Assets and Liabilities:

  • Total Assets: $1,001,880
  • Total Liabilities: $55,867
  • Net Assets: $946,013

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Programs

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

Tuition

Revenue

$1,144,806

Application/Late Fees

Revenue

$4,150

Enrollment Fees

Revenue

$138,850

Other Services

Revenue

$51

Organization Details

Founding Year

2014

Principal Officer

Ingrid Acosta

Main Address

2911 Grand Avenue Suite 500, Miami, FL, 33133

NTEE Category

Code: B20 - Education

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