Overview
What is Fhl Academy Inc?
Fhl Academy Inc is a nonprofit educational institution situated in Bagley, Minnesota. With a focus on integrating strong biblical values and principles into their curriculum, they provide quality education to children from pre-kindergarten through 12th grade. The academy is committed to fostering both academic growth and spiritual development, and their smaller class sizes per level enable more individualized instruction. With a dedicated team of 16 employees, Fhl Academy Inc creates a nurturing environment where children can learn and grow.
Official website here: www.fhlacad.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Fhl Academy Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance, particularly in the realm of accountability and finance. The organization earned a score of 76%, largely reflecting its commitment to financial transparency and responsible management practices. Most notably, Fhl Academy boasts a perfect score for its independent board members and no material diversion of assets, suggesting strong governance.
The organization also has a high program expense ratio of 99.96%, demonstrating that nearly all of its funds are directed towards its mission. However, it falls short in several policy areas, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, which could point to potential areas for improvement in governance practices.
While Fhl Academy Inc shows strengths in financial accountability and responsible asset management, enhancing its governance policies could further bolster its credibility and effectiveness in the nonprofit sector. Addressing these gaps may help improve its overall rating and foster greater trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Fhl Academy Inc legitimate?
Fhl Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fhl 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,176
For more financial information, click here
Official website here: www.fhlacad.org
What is the mission statement of Fhl Academy Inc?
Fhl Academy Inc's mission is centered around providing an educational environment that instills strong biblical values and truths in children. By operating a pre-K through 12th grade school, they offer a Bible-centered curriculum that aims to foster both academic and spiritual growth. The academy ensures smaller class sizes per level, allowing for more individualized education. This approach enables a comprehensive learning experience, catering to the unique needs of each student.
Official website here: www.fhlacad.org
What is the revenue of Fhl Academy Inc?
Fhl Academy Inc's revenue in 2023 was $448,862.
Official website here: www.fhlacad.org
Who are the executives of Fhl Academy Inc and what are their salaries?
The average compensation at Fhl Academy Inc during 2023 was $15,657. There are 17 employees and 2 volunteers at Fhl Academy Inc.
Here are 5 key members and their salaries:
- Compensation: $48,333
- Related: $0
- Other: $0
- Compensation: $27,883
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fhlacad.org
Where can I find the form 990 for Fhl Academy Inc?
Fhl Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fhlacad.org
Learn more at the official website: www.fhlacad.org
Mission Statement of Fhl Academy Inc
Fhl Academy Inc, a nonprofit organization, is dedicated to providing children with an educational environment grounded in strong biblical values and truths. Their mission is to offer a comprehensive learning experience from pre-kindergarten through twelfth grade, using a Bible-centered curriculum. This approach allows for both academic and spiritual growth. The institution prides itself on smaller class sizes per level, enabling more individualized education.
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Impact
July, 2024
Fhl Academy Inc has a significant impact on the education of children by providing them with the opportunity to learn in an environment centered on strong biblical values and truths. Through its Pre-K through 12th-grade school, Fhl Academy offers a Bible-centered curriculum that promotes both academic and spiritual growth. The smaller class sizes per level allow for more personalized education, enhancing the learning experience for each student. By instilling these values and providing a supportive educational setting, Fhl Academy Inc is shaping the minds and hearts of the next generation.
This information is meant to be a general summary of Fhl 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $204,286
- Gross Receipts: $455,966
Assets and Liabilities:
- Total Assets: $547,684
- Total Liabilities: $1,752
- Net Assets: $545,932
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$175,401
LUNCH PROGRAM
Revenue
$20,955
SPORTS PROGRAM
Revenue
$4,507
FIELD TRIPS
Revenue
$3,423
Organization Details
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