Overview
What is Morgantown Learning Academy Inc?
Morgantown Learning Academy Inc is a dedicated nonprofit organization situated in an unspecified location. It offers a nurturing, child-focused educational environment, emphasizing self-motivation, self-reliance, and critical thinking skills. The academy caters to children from preschool to middle school, welcoming pupils of various racial, cultural, religious, and economic backgrounds. Its primary mission is to deliver top-tier alternative education, ensuring every child has equal opportunities to learn and grow. Although further details about its activities or mission are unavailable, Morgantown Learning Academy Inc is committed to providing high-quality education and fostering an inclusive learning environment.
Official website here: www.learningacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 63%)
Morgantown Learning Academy Inc has received a Two-Star rating from Charity Navigator, indicating areas that require significant improvement. The organization's overall score of 63% reflects strengths in program expense ratio, with an impressive 73.33% of expenses dedicated to programs. Furthermore, the board demonstrates a commitment to independence, scoring 100% for having independent board members, which provides some assurance of governance integrity.
Despite these positives, the organization faces substantial challenges, particularly regarding accountability and finance. It scored poorly in several key areas, including the absence of financial statements and critical governance policies like conflict of interest and whistleblower protections. Additionally, the independent board size is notably small, which could limit diverse perspectives in decision-making.
In summary, while Morgantown Learning Academy Inc shows promise in its programmatic efforts and board independence, it must address significant governance and transparency issues to improve its overall rating and effectiveness. Enhancing its financial accountability and implementing necessary policies will be essential for building trust with stakeholders and ensuring sustainable operations.
This AI summary has been generated from information found on Charity Navigator.
Is Morgantown Learning Academy Inc legitimate?
Morgantown Learning Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgantown Learning 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: $76,929
Professional Fundraising Fees: $0
Other Salaries and Wages: $431,621
For more financial information, click here
Official website here: www.learningacademy.org
What is the mission statement of Morgantown Learning Academy Inc?
Morgantown Learning Academy Inc., as a non-denominational organization, prioritizes a child-centered education that fosters self-motivation, self-reliance, and critical thinking in children aged from preschool to middle school. The main objective of this educational institution is to offer high-quality alternative learning opportunities, welcoming students from diverse racial, cultural, religious, and economic backgrounds.
Official website here: www.learningacademy.org
Who is the CEO of Morgantown Learning Academy Inc?
Evelyn Ward is the Director of Morgantown Learning Academy Inc.
Official website here: www.learningacademy.org
What is the revenue of Morgantown Learning Academy Inc?
Morgantown Learning Academy Inc's revenue in 2022 was $923,721.
Official website here: www.learningacademy.org
Who are the executives of Morgantown Learning Academy Inc and what are their salaries?
The average compensation at Morgantown Learning Academy Inc during 2022 was $13,745. There are 37 employees and 25 volunteers at Morgantown Learning Academy Inc.
There is 1 key member and their salary:
- Compensation: $76,929
- Related: $0
- Other: $0
Official website here: www.learningacademy.org
Where can I find the form 990 for Morgantown Learning Academy Inc?
Morgantown Learning Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.learningacademy.org
Learn more at the official website: www.learningacademy.org
Mission Statement of Morgantown Learning Academy Inc
Morgantown Learning Academy, a non-profit organization, is dedicated to delivering a child-centered education that fosters self-motivation, self-reliance, and critical evaluation. The institution caters to preschool-aged children all the way up to middle schoolers, welcoming children from diverse racial, cultural, religious, and economic backgrounds. The primary purpose of Morgantown Learning Academy is to offer high-quality alternative education, ensuring every child has the opportunity to thrive and grow within its supportive learning environment.
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Impact
July, 2024
Morgantown Learning Academy Inc's impact lies in providing a high-quality alternative education that values self-motivation, self-reliance, and critical evaluation for children of all backgrounds. By offering a non-denominational, child-centered approach to education for preschool through middle school aged children, the organization contributes to nurturing a diverse and inclusive learning environment in Morgantown, WV. Through its mission to empower students with the skills necessary for success, Morgantown Learning Academy Inc plays a pivotal role in shaping the educational landscape and fostering the growth and development of young minds.
This information is meant to be a general summary of Morgantown Learning 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 2022.
- Program Service Revenue: $724,566
- Gross Receipts: $934,069
Assets and Liabilities:
- Total Assets: $1,214,887
- Total Liabilities: $678,742
- Net Assets: $536,145
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$535,826
SUMMER CAMPS
Revenue
$109,893
AFTERSCHOOL
Revenue
$21,556
SUPPLY FEE
Revenue
$31,844
CLUBS
Revenue
$10,340
Organization Details
Founding Year
1967
Phone
(304) 296-9554Principal Officer
Evelyn Ward
Main Address
123 DISCOVERY PLACE, MORGANTOWN, WV, 26508
Website
www.learningacademy.orgNTEE Category
Code: B24 - Education
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