Overview
What is Quest Academy?
Quest Academy is a publicly operated charter school located in Raleigh, North Carolina, with approximately 140 students. Situated at 10908 Strickland Road STE 175, Quest Academy serves as a nonprofit institution dedicated to providing quality education for students in grades K-8. With a team of 21 employees, the school's mission is centered around delivering an exceptional educational experience to its students, fostering their growth and development in a supportive environment.
Official website here: www.questcharter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Quest Academy has received a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and financial health. The organization earned an impressive score of 88 in the Accountability & Finance category, indicating that it effectively manages its resources and adheres to best practices in financial governance.
The strengths of Quest Academy include a fully independent board, with all eight members meeting the criteria for independence, and a robust financial oversight structure that includes regular audits. The organization also demonstrates a high commitment to its mission, with 75.38% of its expenses directed towards programs, ensuring that a significant portion of its budget directly benefits its intended audience.
However, there are some areas where Quest Academy could improve. Notably, the organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for enhancing transparency and accountability. Additionally, it does not post its Tax Form on its website, which could limit public access to its financial disclosures. Addressing these gaps could further strengthen its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Quest Academy legitimate?
Quest Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quest 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: $94,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $762,488
For more financial information, click here
Official website here: www.questcharter.org
What is the mission statement of Quest Academy?
Quest Academy, as a public charter school, is committed to providing education to students in grades K-8. Its mission, in essence, is to operate as a learning institution that caters to the academic needs of approximately 140 students. Although the provided information does not explicitly detail the specific objectives or goals of Quest Academy, it can be inferred that the school aims to provide quality education to its students, functioning as a charter school in Raleigh, North Carolina.
Official website here: www.questcharter.org
Who is the CEO of Quest Academy?
Brock Lavrack is the Board Chair of Quest Academy.
Official website here: www.questcharter.org
What is the revenue of Quest Academy?
Quest Academy's revenue in 2023 was $1,557,379.
Official website here: www.questcharter.org
Who are the executives of Quest Academy and what are their salaries?
The average compensation at Quest Academy during 2023 was $40,820. There are 21 employees at Quest Academy.
Here are 8 key members and their salaries:
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- Compensation: $94,725
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Official website here: www.questcharter.org
Where can I find the form 990 for Quest Academy?
Quest Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.questcharter.org
Learn more at the official website: www.questcharter.org
Mission Statement of Quest Academy
Quest Academy, as a public charter school, is committed to providing education for students in grades K-8. Its mission can be encapsulated as an endeavor to deliver a comprehensive learning experience to approximately 140 students. Operating in Raleigh, NC, Quest Academy's primary objective is to shape the futures of its students, fostering their intellectual growth and personal development. The school's activities are geared towards creating a conducive learning environment that encourages curiosity, critical thinking, and the development of essential life skills.
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Impact
July, 2024
Quest Academy has a significant impact on the education of students in grades K-8 in Raleigh, NC. Through its public charter school model, Quest Academy serves approximately 140 students, providing them with a high-quality education. By focusing on elementary and middle school students, Quest Academy plays a crucial role in shaping the academic and personal development of these young individuals. The school's commitment to education is evident in its mission to provide a rigorous and enriching learning environment for its students. Overall, Quest Academy's impact is felt through the positive educational experiences and opportunities it offers to its students.
This information is meant to be a general summary of Quest 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 2023.
- Gross Receipts: $1,557,379
Assets and Liabilities:
- Total Assets: $2,777,618
- Total Liabilities: $65,475
- Net Assets: $2,712,143
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Organization Details
Founding Year
1999
Phone
(919) 841-0441Principal Officer
Brock Lavrack
Main Address
10908 STRICKLAND ROAD STE 175, RALEIGH, NC, 27615
Website
www.questcharter.orgNTEE Category
Code: B29 - Education
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