Sullins 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: 540801168 ✦ Bristol, VA ✦ Designated as a 501(c)(3)

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Overview

What is Sullins Academy Inc?

Sullins Academy Inc, located at 22218 Sullins Academy Drive, Bristol, Virginia, is a nonprofit organization dedicated to providing a nurturing educational environment for children from preschool to eighth grade. Their mission is to foster academic excellence while upholding core values such as integrity, honesty, respect, responsibility, and service to others. By prioritizing elementary and preschool education, they aim to ensure the success of their students in the global community. With a team of 52 dedicated employees, Sullins Academy Inc strives to develop not only the minds of its students but also their character, creating an atmosphere conducive to learning and growth.


Official website here: www.sullinsacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Sullins Academy Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score in several categories, including independent board members and financial oversight, the organization demonstrates a robust governance structure that ensures transparency and responsible management of resources.

The nonprofit's financial health is notable, as evidenced by a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of its expenses directly supports its mission. This focus on effective allocation of funds enhances the organization's credibility and trustworthiness among donors and stakeholders.

While the organization excels in accountability metrics, the feedback does not highlight any specific areas for improvement. Overall, Sullins Academy Inc stands out for its commitment to maintaining high standards of financial integrity and operational transparency.


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

What do the Facebook reviews say about Sullins Academy Inc?

100% of 17 reviewers on Facebook recommend Sullins Academy Inc. Here is a summary of their reviews:

Many parents and guardians express their appreciation for the dedicated and caring teachers at Sullins Academy. Reviewers highlight the supportive environment created by the staff, who are described as going above and beyond to ensure students receive the support they need.

Overall, the sentiment towards Sullins Academy is overwhelmingly positive, with families feeling confident in the quality of education and emotional support their children receive. The community appears to value the commitment of the teachers and the nurturing atmosphere of the school.


This AI summary has been generated from reviews found on Facebook.

Is Sullins Academy Inc legitimate?

Sullins Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sullins 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: $152,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $958,013

For more financial information, click here


Official website here: www.sullinsacademy.org

What is the mission statement of Sullins Academy Inc?

Sullins Academy Inc's mission is centered around the education of children, extending from preschool to eighth grade. The institution strives to establish an environment that fosters academic excellence, while upholding values such as integrity, honesty, respect, responsibility, and service to others. This mission aims to develop not only the intellectual abilities of the students but also their character. The ultimate goal is to ensure their success in the global community.


Official website here: www.sullinsacademy.org

Who is the CEO of Sullins Academy Inc?

Ramesh Murthy is the Chair of Sullins Academy Inc.


Official website here: www.sullinsacademy.org

What is the revenue of Sullins Academy Inc?

Sullins Academy Inc's revenue in 2022 was $1,941,411.


Official website here: www.sullinsacademy.org

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

The average compensation at Sullins Academy Inc during 2022 was $21,361. There are 52 employees and 30 volunteers at Sullins Academy Inc.


Here are 15 key members and their salaries:


Ramesh Murthy (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Olsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Busscher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Reedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa White (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Furrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Lawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Munsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Viers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Traynor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Spitzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Vermillion (Head Of School)
  • Compensation: $72,595
  • Related: $0
  • Other: $6,018
Twana Meade (Assoc. Head For Business A)
  • Compensation: $68,528
  • Related: $0
  • Other: $5,938


Official website here: www.sullinsacademy.org

Where can I find the form 990 for Sullins Academy Inc?

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


Official website here: www.sullinsacademy.org

Learn more at the official website: www.sullinsacademy.org

Mission Statement of Sullins Academy Inc

Sullins Academy Inc, a renowned institution, is dedicated to ensuring the success of its students in the global community. Its mission is multifaceted, aimed at providing a conducive educational environment that fosters academic excellence while upholding core values such as integrity, honesty, respect, responsibility, and service to others. The organization's primary objective is to create an atmosphere of academic excellence, catering to children from preschool to eighth grade. By doing so, Sullins Academy Inc strives to develop not only the minds of its students but also their character, preparing them to navigate the global community with confidence and integrity.

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Impact




July, 2024

Sullins Academy Inc's impact lies in creating an atmosphere of academic excellence for children from preschool to eighth grade. By providing a positive educational environment and fostering academic excellence while maintaining a commitment to core values such as integrity, honesty, respect, responsibility, and service to others, Sullins Academy ensures success for its students in the global community. Through the development of minds and character, Sullins Academy contributes to the growth and advancement of its students, preparing them for future success.




This information is meant to be a general summary of Sullins 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
$1,941,411 (2022)
Expenses
$1,955,771 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $128,711
  • Program Service Revenue: $1,624,489
  • Gross Receipts: $1,971,903

Assets and Liabilities:

  • Total Assets: $7,992,123
  • Total Liabilities: $294,274
  • Net Assets: $7,697,849

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Programs

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

TUITION AND FEES

Revenue

$1,624,489

Organization Details

Founding Year

1971

Principal Officer

Ramesh Murthy

Main Address

22218 SULLINS ACADEMY DRIVE, BRISTOL, VA, 242025968

NTEE Category

Code: B24 - Education

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