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Chesapeake Academy Inc

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

EIN: 540793534 ✦ Irvington, VA ✦ Designated as a 501(c)(3)

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Overview

What is Chesapeake Academy Inc?

Chesapeake Academy Inc, situated in Irvington, Virginia, is a dedicated nonprofit organization committed to providing a top-notch education. This mission is shared by parents, educators, and administrators, who collaborate to create a supportive learning environment. The academy is divided into three distinct sections: early childhood, lower school, and middle school, each offering a progressive curriculum designed to challenge students and prepare them for their future academic pursuits. The academy's program fosters the development of students in various aspects, such as academics, honor, integrity, responsibility, sportsmanship, and teamwork. The core objective of Chesapeake Academy Inc is to inspire its students to approach learning with curiosity and creativity, strive for excellence, and act with integrity, empowering them to contribute positively to their community and the world at large. The organization boasts a team of 33 dedicated professionals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star Rating

Chesapeake Academy Inc has achieved an impressive 94% overall score on Charity Navigator, reflecting strong accountability and financial health. The organization scored exceptionally well in the Accountability & Finance category, with a perfect score on several key metrics, including independent board members and financial oversight. This indicates a high level of governance and responsible financial practices.

The organization also excels in its Culture & Community score, achieving a perfect 100%. This highlights its commitment to engaging with its community and effectively collecting and utilizing feedback from stakeholders. The high scores in practices and challenges further emphasize a proactive approach to maintaining a positive organizational culture.

While the data does not indicate any notable limitations, the high ratings suggest a well-managed nonprofit with a strong reputation for transparency and effectiveness. Overall, Chesapeake Academy Inc appears to be a reliable entity positively impacting its community.


This AI summary has been generated from information found on Charity Navigator.

Is Chesapeake Academy Inc legitimate?

Chesapeake Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesapeake 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: $1,073,003

For more financial information, click here

What is the mission statement of Chesapeake Academy Inc?

Chesapeake Academy Inc's mission is centered around inspiring its students. The academy aims to instill in its students a sense of curiosity and creativity, encouraging them to strive for excellence. Moreover, it encourages its students to act with integrity, equipping them with the moral compass needed to contribute positively to their community and the world. The institution's collective goal is to provide an excellent education, working cohesively with parents, faculty, administration, and trustees. They accomplish this through a well-structured curriculum that spans early childhood, lower school, and middle school, preparing students for their future education levels. The school's program also emphasizes the development of honor, responsibility, sportsmanship, and teamwork, fostering well-rounded individuals.

Who is the CEO of Chesapeake Academy Inc?

Julianne T Duvall is the Chair of Chesapeake Academy Inc.

What is the revenue of Chesapeake Academy Inc?

Chesapeake Academy Inc's revenue in 2022 was $2,576,982.

Who are the executives of Chesapeake Academy Inc and what are their salaries?

The average compensation at Chesapeake Academy Inc during 2022 was $32,515. There are 33 employees at Chesapeake Academy Inc.


Here are 16 key members and their salaries:


Michele Faulkner (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Mihills (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Ransone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John O'Shaugnessy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bo Bragg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Clair (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Armen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tripp Bugg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabe Del Rio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion James (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Edmonds (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Little (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Newman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Jenkins-Haynie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Vose (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julianne Duvall (Head Of School)
  • Compensation: $110,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chesapeake Academy Inc?

Chesapeake Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chesapeake Academy Inc

Chesapeake Academy Inc, a distinguished educational institution, is dedicated to inspiring its students to approach learning with an insatiable curiosity and creativity. The organization's mission is to foster an environment where students not only strive for excellence but also uphold integrity. This mission is aimed at equipping each student with the tools they need to contribute positively to their community and ultimately, the world at large.

The educational journey at Chesapeake Academy Inc is a collaborative effort between parents, faculty, administration, and trustees. The school is divided into three divisions: early childhood, lower school, and middle school. Each division works together to provide a well-structured curriculum that is both challenging and prepares students for their subsequent levels of education. The program at Chesapeake Academy Inc guides students through their years of development, focusing not only on academic growth but also on qualities such as honor, integrity, responsibility, sportsmanship, and teamwork.

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Impact




July, 2024

Chesapeake Academy Inc inspires students to approach learning with curiosity and creativity, pursue excellence, and act with integrity. By providing an excellent education through its three school divisions, Chesapeake Academy prepares students for their next level of education and guides them through years of development in academics, honor, integrity, responsibility, sportsmanship, and teamwork. This collective goal of parents, faculty, administration, and trustees contributes to creating individuals who can positively impact their community and the world.




This information is meant to be a general summary of Chesapeake 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.

Revenue
$2,576,982 (2022)
Expenses
$2,333,926 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $36,045
  • Program Service Revenue: $2,113,212
  • Gross Receipts: $2,881,719

Assets and Liabilities:

  • Total Assets: $2,993,366
  • Total Liabilities: $314,139
  • Net Assets: $2,679,227

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Organization Details

Founding Year

1965

Principal Officer

Julianne T Duvall

Main Address

PO Box 8, Irvington, VA, 22480

NTEE Category

Code: B24Z - Education

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