Overview
What is Island Academy Of Hilton Head?
Island Academy of Hilton Head, located in Hilton Head Island, South Carolina, is a nonprofit institution that is revolutionizing education. Their mission is to foster an inspiring learning environment that encourages academic exploration, values individuality, and promotes global interconnectedness. The academy caters to students from grade K, providing them with educational programs that nurture self-confidence. The institution's core focus is on redefining the educational experience, making it a distinctive and enriching journey for its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (58%)
Island Academy Of Hilton Head has been assigned a One-Star rating, indicating significant concerns regarding its accountability and finance practices. The overall score is based solely on accountability metrics, which highlights the organization's weaknesses in important governance policies and transparency measures.
Strengths of the organization include a high program expense ratio of 87.03%, indicating that a substantial portion of its expenses is directed towards its programs. Additionally, the organization demonstrates strong governance with an independent board consisting of 10 members, and it maintains proper documentation of board meeting minutes. However, despite these positives, the organization fails to meet various key transparency requirements.
Limitations include a concerning liabilities to assets ratio of 505.56%, which raises questions about financial health and sustainability. Furthermore, critical governance documents such as a conflict of interest policy, whistleblower policy, and other essential policies are missing, which significantly impacts the overall accountability score. The absence of the nonprofit's website on its tax form further exacerbates these concerns.
This AI summary has been generated from information found on Charity Navigator.
Is Island Academy Of Hilton Head legitimate?
Island Academy Of Hilton Head is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Academy Of Hilton Head 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: $313,307
For more financial information, click here
What is the mission statement of Island Academy Of Hilton Head?
The Island Academy of Hilton Head redefines education by encouraging academic exploration, appreciating individual perspectives, and promoting self-confidence. This institution also fosters a sense of global interconnectedness. Catering to students from grades K, it provides an inspiring learning environment that nurtures these values.
Who is the CEO of Island Academy Of Hilton Head?
Mary Ann Cyr is the Director of Island Academy Of Hilton Head.
What is the revenue of Island Academy Of Hilton Head?
Island Academy Of Hilton Head's revenue in 2022 was $500,800.
Who are the executives of Island Academy Of Hilton Head and what are their salaries?
The average compensation at Island Academy Of Hilton Head during 2022 was $31,331. There are 10 employees and 10 volunteers at Island Academy Of Hilton Head.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Island Academy Of Hilton Head?
Island Academy Of Hilton Head's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Island Academy Of Hilton Head
Island Academy of Hilton Head redefines the educational landscape by creating an inspiring learning environment that encourages academic exploration. This esteemed institution, renowned for its Mary Ann Cyr MBR program, celebrates individual voices, boosts self-confidence, and promotes global interconnectedness. By providing educational programs catering to grades K, Island Academy of Hilton Head fosters an environment that nurtures holistic growth, fostering well-rounded individuals equipped to navigate the world with confidence and understanding.
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Impact
July, 2024
Island Academy of Hilton Head is redefining education by providing an inspiring learning environment that celebrates individual voice, instills self-confidence, and fosters global interconnectedness. By offering educational programs for grades K, this academy based in Hilton Head Island, SC, is making a significant impact on shaping the academic exploration of students and preparing them for a diverse and interconnected world.
This information is meant to be a general summary of Island Academy Of Hilton Head. 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 2022.
- Investment Income: $108
- Program Service Revenue: $484,485
- Gross Receipts: $500,800
Assets and Liabilities:
- Total Assets: $105,814
- Total Liabilities: $536,460
- Net Assets: -$430,646
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$484,485
Organization Details
Founding Year
2017
Phone
(843) 342-9826Principal Officer
Mary Ann Cyr
Main Address
5 DUNMORE COURT, HILTON HEAD ISLAND, SC, 29926
NTEE Category
Code: B20 - Education
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