Overview
What is Delaware Military Academy?
The Delaware Military Academy is a distinguished institution based in Wilmington, Delaware, recognized for its rigorous college-preparatory program. It is part of the Navy Junior Reserve Officer Training Corps (NJROTC), which provides classroom instruction and various military training opportunities to its students. The academy is led by retired military officers and personnel, who guide the cadets in developing leadership skills and advancing in rank throughout their four-year tenure. The academy boasts an impressive track record, having graduated over 1,800 cadets, who have collectively earned over $127 million in scholarships. An impressive 86% of its graduates proceed to post-secondary education, including colleges and universities, while 11% opt for military service. The academy's mission is to prepare young men and women for their next level of education, instilling a foundation for good citizenship, self-discipline, and moral values. It provides a healthy mental and physical environment, emphasizing military training as a crucial component for understanding the obligations of citizenship.
Official website here: www.demilacad.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: Two Stars (Needs Improvement)**
The Delaware Military Academy has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it requires improvement in its operational practices. While the organization excels in accountability and finance, scoring a perfect 100% in this category, its overall score of 66% reflects concerns, particularly in areas like financial transparency and reporting. Most notably, the nonprofit has not submitted financial statements for evaluation, which significantly impacts its rating.
Strengths of the organization include a fully independent board and proper key policies in place, such as conflict of interest and whistleblower policies. Its program expense ratio stands impressively at 84.61%, demonstrating that a substantial portion of its funding is directed towards fulfilling its mission. However, the absence of financial statements and a poor liabilities-to-assets ratio raises red flags regarding its financial health.
User reviews from GreatNonprofits could not be obtained, so insights from the public regarding their experiences with the Delaware Military Academy are unavailable. This lack of reviews means that potential donors and supporters may want to seek additional information before making an involvement decision.
This AI summary has been generated from information found on Charity Navigator.
Is Delaware Military Academy legitimate?
Delaware Military Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Military 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: $283,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,268,139
For more financial information, click here
Official website here: www.demilacad.org
What is the mission statement of Delaware Military Academy?
The Delaware Military Academy's mission is centered around preparing young men and women for their future educational pursuits. It aims to provide them with a solid foundation that fosters good citizenship. The academy also offers a healthy mental and physical environment, incorporating military training as a crucial component. This military training is instrumental in helping students understand their responsibilities as citizens and the importance of self-discipline. Additionally, the academy offers opportunities for social activities and exposure to moral principles.
Official website here: www.demilacad.org
Who is the CEO of Delaware Military Academy?
Sharon Kurfuerst is the Principal Officer of Delaware Military Academy.
Official website here: www.demilacad.org
What is the revenue of Delaware Military Academy?
Delaware Military Academy's revenue in 2022 was $7,627,502.
Official website here: www.demilacad.org
Who are the executives of Delaware Military Academy and what are their salaries?
There 150 volunteers at Delaware Military Academy.
Here are 12 key members and their salaries:
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- Compensation: $121,883
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- Other: $50,875
Official website here: www.demilacad.org
Where can I find the form 990 for Delaware Military Academy?
Delaware Military Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.demilacad.org
Learn more at the official website: www.demilacad.org
Mission Statement of Delaware Military Academy
The Delaware Military Academy, in its mission, aims to prepare young men and women for their subsequent level of education. It strives to provide them with a foundation conducive to good citizenship. The academy accomplishes this by offering a balanced mental and physical environment, incorporating military training as a crucial component. This training is instrumental in fostering a better understanding of the responsibilities of citizenship and self-discipline. Furthermore, the Delaware Military Academy offers opportunities for proper social activities and exposure to moral ideals, thereby contributing to the holistic development of its students.
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Impact
July, 2024
Delaware Military Academy has a significant impact on preparing young men and women for their next level of education while instilling in them a foundation that leads to good citizenship. The academy's rigorous and comprehensive college preparatory program successfully prepares its graduates for higher education, with a notable achievement of over 1,800 cadets graduating and earning more than $127 million in scholarship monies as of the Class of 2020.
With a focus on military training as a means to develop leadership skills, the academy's Navy Junior Reserve Officer Training Corps (NJROTC) program provides cadets with numerous opportunities to advance their rank and enhance their understanding of citizenship and self-discipline. Additionally, the academy's high academic standards have earned it the distinction of being rated as a Distinguished Unit with Academic Honors by the Navy.
A significant portion of Delaware Military Academy graduates choose to further their education, with 86% opting for post-secondary programs, including 4-year colleges and universities, 2-year college programs, and various United States service academies. Furthermore, 11% of graduates have chosen to serve in the five branches of the Armed Services, highlighting the academy's commitment to producing well-rounded individuals who are equipped to contribute positively to society.
This information is meant to be a general summary of Delaware Military 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $358,052
- Gross Receipts: $7,627,502
Assets and Liabilities:
- Total Assets: $34,413,355
- Total Liabilities: $43,223,519
- Net Assets: -$8,810,164
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CADET FEES
Revenue
$221,791
CAFETERIA FEES
Revenue
$136,261
Organization Details
Founding Year
2002
Phone
(302) 998-0745Principal Officer
Sharon Kurfuerst
Main Address
112 MIDDLEBORO ROAD, WILMINGTON, DE, 198041621
Website
www.demilacad.orgNTEE Category
Code: B29 - Education
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