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Youngsville Academy Charter School Inc

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

EIN: 471260481 ✦ Youngsville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Youngsville Academy Charter School Inc?

Youngsville Academy Charter School Inc is a nonprofit organization dedicated to offering a nurturing educational environment for students in grades K-3. Their mission is to instill good character virtues and develop exceptional skills in reading, writing, and arithmetic in their students. They achieve this by fostering a passion for learning that serves as a solid foundation for their future success. The school operates as a public charter school, providing an accessible and comprehensive education for its pupils.


Official website here: www.youngsvilleacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Youngsville Academy Charter School Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The score reflects strong practices such as having a majority of independent board members and robust financial oversight, which are crucial for maintaining transparency and trust with donors and stakeholders.

Despite its strengths, the organization has some limitations, particularly in its liabilities to assets ratio, which did not meet the benchmark. The absence of a whistleblower policy is also noted, which is a key component for ensuring ethical behavior and safeguarding against misconduct. Overall, while the Academy demonstrates solid financial practices, addressing these gaps could enhance its overall rating and public trust.

The high percentage of program expenses indicates a commitment to utilizing funds effectively for its mission-driven activities, which is a positive sign for potential supporters. However, the noted weaknesses suggest areas for improvement that could benefit the organization in the long term and strengthen its operational integrity.


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

Is Youngsville Academy Charter School Inc legitimate?

Youngsville Academy Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youngsville Academy Charter 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,351,127

For more financial information, click here


Official website here: www.youngsvilleacademy.org

What is the mission statement of Youngsville Academy Charter School Inc?

Youngsville Academy Charter School Inc's mission is centered around creating a delightful learning atmosphere that nurtures moral values and equips students in grades K-3 with exceptional abilities in reading, writing, and mathematics. This is achieved by fostering a passion for learning, which serves as a strong base, empowering the students to achieve success in their future endeavors. The school's primary objective is to operate as a public charter school, providing quality education to its students.


Official website here: www.youngsvilleacademy.org

Who is the CEO of Youngsville Academy Charter School Inc?

John R Allen is the Chair of Youngsville Academy Charter School Inc.


Official website here: www.youngsvilleacademy.org

What is the revenue of Youngsville Academy Charter School Inc?

Youngsville Academy Charter School Inc's revenue in 2022 was $4,947,253.


Official website here: www.youngsvilleacademy.org

Who are the executives of Youngsville Academy Charter School Inc and what are their salaries?

The average compensation at Youngsville Academy Charter School Inc during 2022 was $35,091. There are 67 employees at Youngsville Academy Charter School Inc.


Here are 5 key members and their salaries:


John Allen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Zagrobelny (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Boltz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Riley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Marrella (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.youngsvilleacademy.org

Where can I find the form 990 for Youngsville Academy Charter School Inc?

Youngsville Academy Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.youngsvilleacademy.org

Learn more at the official website: www.youngsvilleacademy.org

Mission Statement of Youngsville Academy Charter School Inc

Youngsville Academy Charter School Inc is committed to establishing a delightful learning environment for its students, focusing on developing virtues of good character and equipping them with exceptional abilities in reading, writing, and mathematics. This is accomplished by nurturing a love of learning, serving as a strong foundation that empowers students in grades K-3 to achieve success. The school's mission is centered around fostering joy in education, emphasizing character development, and honing essential skills in the core subjects, ultimately setting the stage for future accomplishments.

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Impact




July, 2024

Youngsville Academy Charter School Inc's impact is significant in providing students in grades K-3 with a joyful learning environment that cultivates good character and exceptional skills in reading, writing, and arithmetic. By fostering a love of learning, the school empowers students to succeed academically and personally. The school's mission to provide a strong educational foundation for young learners in Youngsville, NC, is commendable and contributes positively to the students' growth and development.




This information is meant to be a general summary of Youngsville Academy Charter 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.

Revenue
$4,947,253 (2022)
Expenses
$4,202,395 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $4,751,368
  • Gross Receipts: $4,947,253

Assets and Liabilities:

  • Total Assets: $14,882,260
  • Total Liabilities: $11,597,821
  • Net Assets: $3,284,439

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Programs

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

State of North Carolina

Revenue

$3,554,664

Local Education Agencies

Revenue

$1,117,520

Program Revenue

Revenue

$74,278

Lunch Program

Revenue

$4,906

Organization Details

Founding Year

2015

Principal Officer

John R Allen

Main Address

2045 Hicks Road, Youngsville, NC, 27596

NTEE Category

Code: B24 - Education

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