Overview
What is Salisbury Academy?
Salisbury Academy is a distinguished junior kindergarten through eighth grade independent school situated in Salisbury, North Carolina. Its primary objective is to nurture students holistically, fostering their social, emotional, intellectual, physical, and spiritual growth. The academy strives to create an enriching and challenging educational environment that inspires students to become lifelong learners, cultivate strong character, contribute to their community, and deepen their faith. The school's mission is to provide an education that encourages students to develop into well-rounded individuals, equipped with the necessary skills for continued growth and service to their community and beliefs. With a team of 72 dedicated employees, Salisbury Academy is committed to shaping the future leaders of tomorrow.
Official website here: www.salisburyacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Salisbury Academy has achieved an 85% rating from Charity Navigator, which indicates a solid level of accountability and financial health. The organization benefits from a fully independent board of directors, strong oversight policies, and a clear commitment to transparency, as evidenced by its comprehensive compliance with various governance standards. The lack of material diversion of assets and a robust audit and oversight committee further strengthen its credibility.
However, while Salisbury Academy demonstrates strengths in governance and operational integrity, there are areas that present challenges. The program expense ratio of 63.68% suggests that a significant portion of its funding is directed towards programs, but it still falls short of higher benchmarks. Additionally, fundraising efficiency is low at $0.032, indicating potential difficulties in generating funds relative to the costs incurred, which could affect long-term sustainability.
Overall, Salisbury Academy exhibits a commendable commitment to accountability and financial oversight, but it will need to address its fundraising strategies and program expense management to ensure continued growth and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Salisbury Academy legitimate?
Salisbury Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salisbury 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: $144,410
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,402,810
For more financial information, click here
Official website here: www.salisburyacademy.org
What is the mission statement of Salisbury Academy?
The mission of Salisbury Academy is centered around providing an enriching and challenging curriculum that encourages students to become lifelong learners. This educational community aims to foster the development of strong character in its students, inspiring them to serve their community and deepen their faith. The ultimate goal is to prepare students socially, emotionally, intellectually, physically, and spiritually, setting them up for a lifetime of learning.
Official website here: www.salisburyacademy.org
Who is the CEO of Salisbury Academy?
Mrs Beverly Fowler is the Head Of Scho of Salisbury Academy.
Official website here: www.salisburyacademy.org
What is the revenue of Salisbury Academy?
Salisbury Academy's revenue in 2022 was $2,980,333.
Official website here: www.salisburyacademy.org
Who are the executives of Salisbury Academy and what are their salaries?
The average compensation at Salisbury Academy during 2022 was $21,489. There are 72 employees and 100 volunteers at Salisbury Academy.
Here are 20 key members and their salaries:
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Official website here: www.salisburyacademy.org
Where can I find the form 990 for Salisbury Academy?
Salisbury Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.salisburyacademy.org
Learn more at the official website: www.salisburyacademy.org
Mission Statement of Salisbury Academy
Salisbury Academy, a prestigious educational institution, is committed to providing an enriching and challenging curriculum that encourages students to become lifelong learners. This mission extends beyond academic growth, as the academy also aims to foster strong character development in its students. The institution encourages its pupils to serve their community and deepen their faith, thereby shaping well-rounded individuals. Through its educational community, Salisbury Academy aims to prepare students socially, emotionally, intellectually, physically, and spiritually, setting them up for a successful journey of continuous learning.
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Impact
July, 2024
Salisbury Academy's impact can be seen in the way it prepares students socially, emotionally, intellectually, physically, and spiritually to become lifelong learners. By providing an enriching and challenging curriculum, as well as fostering a supportive educational community, Salisbury Academy nurtures students to develop strong character, serve their community, and deepen their faith. Through these efforts, the academy positively influences the lives of its students and helps shape them into well-rounded individuals equipped to make meaningful contributions to society.
This information is meant to be a general summary of Salisbury 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.
- Investment Income: $234
- Program Service Revenue: $2,058,058
- Gross Receipts: $2,980,333
Assets and Liabilities:
- Total Assets: $2,726,338
- Total Liabilities: $2,251,070
- Net Assets: $475,268
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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
$2,024,367
STUDENT ACTIVITIES
Revenue
$33,691
Organization Details
Phone
(704) 636-3002Principal Officer
Mrs Beverly Fowler
Main Address
2210 JAKE ALEXANDER BLVD N, SALISBURY, NC, 281478965
Website
www.salisburyacademy.orgNTEE Category
Code: B24 - Education
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