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Wallace Stegner Academy

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

EIN: 473210780 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Wallace Stegner Academy?

Wallace Stegner Academy is a dedicated K-8 charter school in Salt Lake City, Utah. Their mission focuses on fostering a community of academic rigor and citizenship, providing an alternative education for students who may struggle in traditional classroom settings, particularly English learners. The school aims to prepare students for future success as high school students, university attendees, and beyond, ensuring proficiency in academic language and critical skills in writing and mathematics. The school-wide culture prioritizes academic excellence, and the institution is actively involved in civic-based community initiatives. The majority of students reading at their grade level, effectively using academic language, and demonstrating proficiency in writing and mathematics.


Official website here: www.wsacharter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Stars)

Wallace Stegner Academy has received a three-star rating from Charity Navigator, reflecting a commendable accountability and finance score of 77%. The rating indicates a strong commitment to financial transparency and governance, evidenced by the presence of a fully independent board and adherence to various best practices in financial management.

The organization excels in areas such as the oversight of financial statements and the management of potential conflicts of interest, which are critical for maintaining trust with stakeholders. Additionally, a high program expense ratio of 82.86% suggests that a significant portion of their funds is directed towards their programs rather than administrative costs, aligning with the best practices for effective nonprofit operations.

However, the organization does have some limitations, such as the absence of a whistleblower policy and not posting their tax form on their website. These gaps could pose risks to transparency and accountability, which are essential for maintaining donor confidence and public trust.


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

Is Wallace Stegner Academy legitimate?

Wallace Stegner Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wallace Stegner 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wsacharter.org

What is the mission statement of Wallace Stegner Academy?

Wallace Stegner Academy is a college preparatory charter school dedicated to preparing students from grades K-8 for their future academic pursuits. The academy fosters a community of academic rigor and civic engagement, aiming to provide an alternative education, particularly beneficial for English learners and students who struggle in typical classroom settings. The school's vision is to create an educational environment that equips students with the critical skills necessary to read at their grade level, communicate proficiently in academic language, and demonstrate developmentally proficient skills in writing and mathematics.


Official website here: www.wsacharter.org

Who is the CEO of Wallace Stegner Academy?

Sarah Vaughan is the President of Wallace Stegner Academy.


Official website here: www.wsacharter.org

What is the revenue of Wallace Stegner Academy?

Wallace Stegner Academy's revenue in 2022 was $12,160,176.


Official website here: www.wsacharter.org

Who are the executives of Wallace Stegner Academy and what are their salaries?

There 5 volunteers at Wallace Stegner Academy.


Here are 5 key members and their salaries:


Sarah Vaughan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Schow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Magana (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Farnsworth (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonio Furano (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wsacharter.org

Where can I find the form 990 for Wallace Stegner Academy?

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


Official website here: www.wsacharter.org

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

Mission Statement of Wallace Stegner Academy

Wallace Stegner Academy, a rigorous college preparatory charter school, is dedicated to nurturing students in grades K-8, equipping them with the necessary skills to excel in high school, university, and beyond. The organization's mission is to build a community that fosters academic rigor and citizenship. It strives to offer an alternative educational experience, particularly for English learners and students who struggle in traditional classroom settings.

The Academy's vision is to create a school that provides a critical and dependable educational alternative, enabling students to read at their grade level, use academic language proficiently, and demonstrate developmentally proficient skills in writing and mathematics. By fostering a culture of academic rigor and community involvement, Wallace Stegner Academy offers a reliable and effective educational experience for its students.

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Impact




October, 2024

Wallace Stegner Academy significantly impacts its community by providing a rigorous educational environment for students in grades K-8. Located in Salt Lake City, Utah, the academy focuses on fostering academic excellence and strong citizenship. By promoting a school-wide culture that emphasizes civic engagement, students are encouraged to become active participants in their communities.

The academy stands out as a critical alternative to mainstream education, particularly benefiting English learners and those who may struggle in traditional classroom settings. With a commitment to ensuring that the majority of students read at grade level and develop proficiency in academic language, writing, and mathematics, Wallace Stegner Academy addresses the diverse needs of its student population.

Its mission to prepare students for high school, university, and future careers lays a strong foundation for lifelong success. By prioritizing a curriculum that combines academic rigor with a supportive environment, Wallace Stegner Academy cultivates not only knowledgeable students but also responsible and engaged citizens, ultimately contributing to a stronger and more educated community.




This information is meant to be a general summary of Wallace Stegner 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.

Revenue
$12,160,176 (2022)
Expenses
$12,443,791 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,894
  • Program Service Revenue: $106,526
  • Gross Receipts: $12,160,176

Assets and Liabilities:

  • Total Assets: $49,144,982
  • Total Liabilities: $47,481,176
  • Net Assets: $1,663,806

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Programs

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

SCHOOL SERVICES

Revenue

$106,526

Organization Details

Founding Year

2014

Principal Officer

Sarah Vaughan

Main Address

980 SOUTH BENDING RIVER ROAD, SALT LAKE CITY, UT, 84104

NTEE Category

Code: B29 - Education

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