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Acton Academy Dc Foundation

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

EIN: 474108671 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Acton Academy Dc Foundation?

Acton Academy D.C. Foundation, based in Washington, D.C., is a nonprofit organization with a focus on recognizing and fostering excellence within the Acton Academy Network. With around 2 employees, they administer the Acton Learning Prizes and Innovation Awards, aiming to incentivize improvements and cost-effectiveness within the network's 300+ schools. This foundation's primary goal is to instill an entrepreneurial mindset in children and parents, encouraging them to discover their passions and contribute to positive change.

Is Acton Academy Dc Foundation legitimate?

Acton Academy Dc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acton Academy Dc Foundation 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: $98,017
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Acton Academy Dc Foundation?

The Acton Academy D.C. Foundation's mission is centered around inspiring both children and their parents to cultivate an entrepreneurial mindset. This mission aims to guide them towards discovering their unique calling and ultimately, working towards changing the world. The foundation celebrates excellence among the extensive Acton Academy Network of schools, and it encourages innovations to simplify, improve, and make Acton Academy establishments more affordable and accessible to form.

What is the revenue of Acton Academy Dc Foundation?

Acton Academy Dc Foundation's revenue in 2023 was $235,484.

Who are the executives of Acton Academy Dc Foundation and what are their salaries?

The average compensation at Acton Academy Dc Foundation during 2023 was $49,008. There are 2 employees at Acton Academy Dc Foundation.

Here are 4 key members and their salaries:


David Kirby (Executive Dir.)
  • Compensation: $75,000
  • Related: $0
  • Other: $2,250
Nicole Spencer (Secretary)
  • Compensation: $23,017
  • Related: $0
  • Other: $549
Chad Thevenot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Morehouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Acton Academy Dc Foundation?

Acton Academy Dc Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Acton Academy Dc Foundation

Acton Academy D.C. Foundation, as a nonprofit organization, is committed to inspiring both children and their parents to cultivate an entrepreneurial mindset. Their mission is twofold: firstly, they aim to encourage the development of this mindset in the younger generation; secondly, they strive to assist these individuals in discovering their unique calling and eventually working towards changing the world in a meaningful way. The organization achieves this mission by celebrating excellence within the Acton Academy Network, which encompasses over 300 schools worldwide. Through their Acton Learning Prizes & Innovation Awards, they recognize and incentivize innovations that make Acton Academy schools easier, more effective, and more affordable to establish. This approach fosters a culture of continuous improvement and innovation within the Acton Academy Network, ultimately contributing to the development of future leaders with a strong entrepreneurial spirit.

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Impact




October, 2024

Acton Academy DC Foundation has made a significant impact in the realm of education in Washington, DC, focusing on innovative learning methodologies that empower students. By fostering a learner-driven environment, they encourage curiosity, critical thinking, and self-direction among students. Their unique approach equips young learners with the skills necessary to thrive in an ever-changing world.

The foundation emphasizes personalized education, allowing students to progress at their own pace and pursue their interests deeply, which cultivates a love for learning. By integrating real-world experiences and entrepreneurship into their curriculum, Acton Academy DC prepares students not just academically, but also as future leaders and problem solvers. This holistic approach to education supports the development of well-rounded individuals who are equipped to tackle challenges and make meaningful contributions to their communities. Through their initiatives, Acton Academy DC Foundation continues to inspire and reshape the educational landscape in the region.




This information is meant to be a general summary of Acton Academy Dc Foundation. 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
$235,484 (2023)
Expenses
$264,777 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,735
  • Program Service Revenue: $624
  • Gross Receipts: $235,484

Assets and Liabilities:

  • Total Assets: $35,518
  • Total Liabilities: $9,871
  • Net Assets: $25,647

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Programs

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

Program Revenue

Revenue

$624

Organization Details

Founding Year

2015

Principal Officer

David Kirby

NTEE Category

Code: B90 - Education

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