Overview
What is Terra Academy?
Terra Academy is a publicly chartered school located at 267 Aggie Blvd, Vernal, Utah 84078. It is dedicated to delivering high-quality education to students in kindergarten through 12th grade, following the state-mandated curriculum. The school's mission is to recognize and cater to each student's unique strengths and needs, fostering their holistic development in a global society. Terra Academy achieves this by employing a community-learning model, offering various curricular options and engaging students in project-based learning activities that nourish their individual talents, skills, and interests. With a workforce of 140 dedicated individuals, Terra Academy is committed to providing individualized instruction to its students.
Official website here: www.theterraacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
Terra Academy has received a Three-Star out of Four Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The charity's overall score is derived entirely from its accountability metrics, highlighting its commitment to transparency and responsible financial practices. The organization has demonstrated exceptional governance, with 100% of its board members being independent and an effective audit and oversight committee in place.
Financially, Terra Academy excels with a program expense ratio of 99.22%, indicating that almost all of its spending directly supports its mission. Additionally, the nonprofit has established robust policies for conflict of interest, whistleblower protection, and document retention, all of which reinforce its accountability framework. However, it received a lower score for its liabilities to assets ratio, which may suggest some financial risk that needs to be monitored.
Overall, Terra Academy showcases strong governance and financial efficiency, though there is room for improvement in managing its liabilities in relation to its assets. Donors can feel confident in the charity’s commitment to responsible operations, while also recognizing the importance of ongoing financial health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Terra Academy legitimate?
Terra Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terra Academy 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: $118,097
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,942,364
For more financial information, click here
Official website here: www.theterraacademy.org
What is the mission statement of Terra Academy?
Terra Academy prioritizes each student's unique needs by offering individualized instruction. This approach is rooted in the belief that every student is a whole person, deserving of personalized attention. The academy achieves this through a community learning model, incorporating a diverse range of curricular options and project-based learning opportunities. These experiences are designed to nurture and develop individual talents, skills, and interests. Terra Academy provides high-quality education based on the Utah state-required curriculum, catering to students from kindergarten to 12th grade.
Official website here: www.theterraacademy.org
What is the revenue of Terra Academy?
Terra Academy's revenue in 2024 was $7,548,226.
Official website here: www.theterraacademy.org
Who are the executives of Terra Academy and what are their salaries?
The average compensation at Terra Academy during 2024 was $30,761. There are 132 employees and 25 volunteers at Terra Academy.
Here are 6 key members and their salaries:
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- Compensation: $105,786
- Related: $0
- Other: $30,158
Official website here: www.theterraacademy.org
Where can I find the form 990 for Terra Academy?
Terra Academy's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.theterraacademy.org
Learn more at the official website: www.theterraacademy.org
Mission Statement of Terra Academy
Terra Academy, a public charter school, approaches education with a unique perspective. They believe in treating each student as a distinct individual in the global society, recognizing their uniqueness. To accomplish this, Terra Academy employs a community learning model. This model involves providing individualized instruction, allowing students to explore a diverse range of curricular options and engage in project-based learning opportunities. These experiences are designed to nurture and foster individual talents, skills, and interests. By doing so, Terra Academy aims to prepare students for their roles in the world, equipping them with the tools necessary to thrive.
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Impact
July, 2024
Terra Academy's impact lies in its unique approach to education, which focuses on each student as a "unique" whole person in a global society. By providing individualized instruction through a community learning model, Terra Academy nurtures individual talents, skills, and desires. This approach ensures that students receive high-quality instruction based on the Utah state required curriculum, from kindergarten through 12th grade. Through a broad range of curricular options and project-based learning opportunities, Terra Academy empowers students to reach their full potential and thrive in a diverse and ever-evolving society.
This information is meant to be a general summary of Terra Academy. 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 2024.
- Investment Income: $139,712
- Program Service Revenue: $153,010
- Gross Receipts: $7,548,226
Assets and Liabilities:
- Total Assets: $15,000,177
- Total Liabilities: $12,575,271
- Net Assets: $2,424,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT FEES AND ACTIV
Revenue
$153,010
Organization Details
Founding Year
2012
Principal Officer
Dean Wilson
Website
www.theterraacademy.orgNTEE Category
Code: B20 - Education
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