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Mainspring Academy Inc

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

EIN: 473046264 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Mainspring Academy Inc?

Mainspring Academy Inc, located in Jacksonville, Florida, is a nonprofit organization that specializes in catering to over 60 students with unique learning needs and challenges. The institution, with a dedicated workforce of 20 employees, is committed to fostering an environment that nurtures personal growth and development. Their primary mission is to offer individualized, high-quality education, ensuring a safe and conducive learning atmosphere for children with intellectual and developmental differences. By utilizing collaborative methods and effective communication, Mainspring Academy empowers its students to reach their full potential throughout their lives.


Official website here: www.mainspringacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)

Mainspring Academy Inc has received a solid rating of 83% from Charity Navigator, highlighting its accountability and financial health. The organization showcases a strong commitment to leadership and adaptability, scoring a perfect 100 in that area. With a program expense ratio of nearly 92%, it demonstrates a significant focus on its educational initiatives, ensuring that most of its funds are directed towards its mission.

User feedback on platforms like Great Nonprofits echoes this positive sentiment, with parents expressing deep appreciation for the dedication and care shown by the staff. Many reviews emphasize the supportive environment provided for children with special needs, with parents noting substantial growth and development in their children during their time at Mainspring. The collaborative approach between staff and parents is frequently highlighted as a vital component of the school's success.

While Mainspring Academy shows strong performance overall, the Liabilities to Assets Ratio of 73.34% indicates some financial caution. Nevertheless, the organization continues to implement equity practices and strategic goals aimed at expansion and improvement, which points to a commitment to sustainable growth and community impact.


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

What do the Facebook reviews say about Mainspring Academy Inc?

98% of 16 reviewers on Facebook recommend Mainspring Academy Inc. Here is a summary of their reviews:

Many parents express heartfelt gratitude for the transformative impact Mainspring Academy has had on their children. The staff is frequently praised for their dedication and ability to foster an environment where individual talents can flourish. Reviewers highlight the combination of professionalism and genuine compassion that the team embodies, which creates a nurturing atmosphere for both students and families.

Overall, those who have shared their experiences feel a strong sense of support and progress, noting that their children are not only achieving personal growth but also developing a sense of belonging. The enthusiasm for the positive changes witnessed in their loved ones underscores the effectiveness and commitment of Mainspring Academy in delivering meaningful educational experiences.


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

Is Mainspring Academy Inc legitimate?

Mainspring Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mainspring Academy 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $652,727

For more financial information, click here


Official website here: www.mainspringacademy.org

What is the mission statement of Mainspring Academy Inc?

Mainspring Academy Inc's mission is centered around providing high-quality, individualized education in a secure learning environment. This environment is specifically designed to cater to children with intellectual and developmental differences, enabling them to reach their full potential throughout their lives. The academy achieves this goal through collaborative efforts and effective communication, fostering a nurturing atmosphere that fosters growth and development.


Official website here: www.mainspringacademy.org

Who is the CEO of Mainspring Academy Inc?

Dina Parisi is the Head Of Scho of Mainspring Academy Inc.


Official website here: www.mainspringacademy.org

What is the revenue of Mainspring Academy Inc?

Mainspring Academy Inc's revenue in 2022 was $1,505,784.


Official website here: www.mainspringacademy.org

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

The average compensation at Mainspring Academy Inc during 2022 was $36,136. There are 20 employees at Mainspring Academy Inc.


Here are 8 key members and their salaries:


Dina Parisi (Head Of Scho)
  • Compensation: $70,000
  • Related: $0
  • Other: $0
Kristine D'Esterhazy (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Difranza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Mann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ritche Redondo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mohammed Touheed (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mainspringacademy.org

Where can I find the form 990 for Mainspring Academy Inc?

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


Official website here: www.mainspringacademy.org

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

Mission Statement of Mainspring Academy Inc

Mainspring Academy, a renowned academic center, is committed to providing top-notch, individualized education in a secure learning environment. The organization's mission is to empower children with intellectual and developmental differences, enabling them to thrive throughout their lives. By fostering a nurturing environment that encourages teamwork and open communication, Mainspring Academy strives to help its students achieve their full potential. The institution serves over 60 students in the greater Jacksonville area, offering them a chance to grow and flourish despite their unique learning challenges.

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Impact




July, 2024

Mainspring Academy Inc has a profound impact on the lives of over 60 students with special needs and learning challenges in the Greater Jacksonville area. By providing quality, individualized education in a safe learning environment, Mainspring Academy empowers these children to thrive and reach their fullest potential throughout their lifetime. Through teamwork, communication, and a nurturing atmosphere, Mainspring Academy is making a significant difference in the lives of these students and their families, ensuring a brighter future for all involved.




This information is meant to be a general summary of Mainspring Academy 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
$1,505,784 (2022)
Expenses
$1,183,214 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,137
  • Program Service Revenue: $1,075,359
  • Gross Receipts: $1,505,784

Assets and Liabilities:

  • Total Assets: $645,504
  • Total Liabilities: $99,722
  • Net Assets: $545,782

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Programs

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

TUITION & FEES

Revenue

$1,027,146

AUXILLARY ACTIVITIES

Revenue

$48,213

Organization Details

Founding Year

2015

Principal Officer

Dina Parisi

Main Address

6700 SOUTHPOINT PARKWAY SUITE 400, JACKSONVILLE, FL, 32216

NTEE Category

Code: B28 - Education

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