Overview
What is Kuumba Academy Charter School Inc?
Kuumba Academy Charter School Inc, located at 1200 N French St, Wilmington, DE 19801, is a tuition-free public charter institution dedicated to the education of kindergarten through eighth-grade students. Through a unique approach, academic instruction is creatively integrated with the arts. Kuumba Academy's mission is to foster a holistic learning experience. The school's leadership, staff, and parents collaborate, believing that parents are essential partners in their children's education.
Official website here: www.kuumbaacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% - Three-Star out of Four Star rating
Kuumba Academy Charter School Inc has achieved an 85% score on Charity Navigator, reflecting a solid three-star rating. This score stems solely from the organization's Accountability & Finance metrics, indicating a strong commitment to financial stewardship. Noteworthy elements include a high percentage of independent board members and robust financial oversight practices.
The school exhibits commendable practices, including a conflict of interest policy, a whistleblower policy, and thorough documentation of board meeting minutes. Its program expense ratio is particularly impressive at 96.12%, showcasing that a significant portion of its budget is allocated directly to programs rather than administrative costs.
However, the organization faces a challenge with its liabilities to assets ratio which stands at 220.18%, suggesting potential financial concerns that may need addressing. Overall, while Kuumba Academy Charter School demonstrates strong accountability and a high commitment to program expenditure, the high liabilities could be an area for further scrutiny.
This AI summary has been generated from information found on Charity Navigator.
Is Kuumba Academy Charter School Inc legitimate?
Kuumba Academy Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kuumba Academy Charter School 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: $136,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,174,352
For more financial information, click here
Official website here: www.kuumbaacademy.org
What is the mission statement of Kuumba Academy Charter School Inc?
Kuumba Academy Charter School Inc is dedicated to offering an innovative learning experience that prioritizes the overall development of its students. The institution's leadership, staff, and parents firmly believe that parents hold the primary role in their children's education and collaborate closely with the academy. The mission of Kuumba Academy is to create an educational setting that seamlessly integrates academics with the arts, fostering a nurturing environment for kindergarten to eighth grade students. By adopting this approach, the academy endeavors to provide a well-rounded education that goes beyond traditional classroom learning.
Official website here: www.kuumbaacademy.org
Who is the CEO of Kuumba Academy Charter School Inc?
Sally Maldonado is the Ceo of Kuumba Academy Charter School Inc. The CEO's salary of Kuumba Academy Charter School Inc is $130,066 and their total compensation is $130,066.
Official website here: www.kuumbaacademy.org
What is the revenue of Kuumba Academy Charter School Inc?
Kuumba Academy Charter School Inc's revenue in 2023 was $16,119,237.
Official website here: www.kuumbaacademy.org
Who are the executives of Kuumba Academy Charter School Inc and what are their salaries?
Here are 13 key members and their salaries (Kuumba Academy Charter School Inc's CEO's salary is $130,066 and their total compensation is $130,066):
- Compensation: $130,066
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Official website here: www.kuumbaacademy.org
Where can I find the form 990 for Kuumba Academy Charter School Inc?
Kuumba Academy Charter School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kuumbaacademy.org
Learn more at the official website: www.kuumbaacademy.org
Mission Statement of Kuumba Academy Charter School Inc
Kuumba Academy Charter School, a tuition-free educational institution, is dedicated to delivering an innovative learning experience that prioritizes the holistic development of children in kindergarten through eighth grade. The school's dedicated team, consisting of directors, staff, and involved parents, firmly believes that parents hold the primary role in their children's education and collaborate closely with the academy. The partnership between home and school is a cornerstone of Kuumba Academy's mission.
This mission extends beyond the traditional classroom setting, incorporating a creative fusion of academics and the arts into daily instruction. The school's innovative approach aims to inspire students, cultivate their unique talents, and prepare them for success in the future. The belief that parents are their children's primary educators allows for a collaborative learning environment that empowers students, fostering their personal growth and academic achievement.
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Impact
October, 2024
Kuumba Academy Charter School Inc has made a significant impact on the educational landscape in Wilmington, Delaware. By providing a tuition-free public charter school environment, it has opened doors for a diverse range of kindergarten through eighth-grade students. The school's innovative approach to education focuses on the whole child, integrating academics with the arts to foster a well-rounded development.
Kuumba Academy emphasizes a partnership with parents, recognizing them as the primary educators in their children's lives. This collaborative model not only enhances the learning experience but also builds a strong community around each student's educational journey. The commitment to a creative and engaging curriculum empowers students to explore their interests and talents, laying a strong foundation for lifelong learning and personal growth. The results are seen in the students' academic achievements and their overall development as confident, capable individuals ready to face future challenges.
This information is meant to be a general summary of Kuumba Academy Charter School 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.
- Investment Income: $11,366
- Program Service Revenue: $193,081
- Gross Receipts: $16,119,237
Assets and Liabilities:
- Total Assets: $15,279,591
- Total Liabilities: $33,643,849
- Net Assets: -$18,364,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
School Programs
Revenue
$193,081
Organization Details
Founding Year
1998
Phone
(302) 660-4750Principal Officer
Sally Maldonado
Main Address
1200 N French St, Wilmington, DE, 19801
Website
www.kuumbaacademy.orgNTEE Category
Code: B29 - Education
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