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Children's Village 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: 561991767 ✦ Kinston, NC ✦ Designated as a 501(c)(3)

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Overview

What is Children's Village Academy Inc?

Children's Village Academy Inc, located in Kinston, North Carolina, operates as a public charter school, serving around 179 students during the fiscal year ending June 30, 2022. This nonprofit organization is dedicated to providing quality education to its students, operating under the jurisdiction of North Carolina's public charter school system. With a staff of 73 individuals, Children's Village Academy Inc plays a significant role in shaping the futures of its students, fostering a learning environment that fosters growth and development.


Official website here: www.cvatigers.com

What are the reviews and ratings of this charity?

77% rating from Charity Navigator indicates that Children's Village Academy Inc has earned a Three-Star out of Four Star rating, which reflects a solid level of accountability and financial management. The organization excels in maintaining a fully independent board and demonstrating effective oversight through an Audit and Oversight Committee. Their strong performance in areas such as independent board membership and program expense ratio highlights their commitment to transparency and programmatic effectiveness.

However, the rating also points out some limitations, particularly in the area of financial health, as indicated by their liabilities to assets ratio, which is notably high at 183.18%. This could raise concerns about the organization's financial stability and ability to meet obligations. Additionally, the absence of a whistleblower policy may be seen as a gap in their governance practices.

Overall, while Children's Village Academy Inc shows strong accountability and effective financial oversight, potential donors and stakeholders may want to consider the implications of their financial ratios and governance policies when evaluating the organization's overall health and sustainability.


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

Is Children's Village Academy Inc legitimate?

Children's Village Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Village 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: $72,189
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,565,971

For more financial information, click here


Official website here: www.cvatigers.com

What is the mission statement of Children's Village Academy Inc?

Children's Village Academy Inc's mission is centered around operating a North Carolina public charter school. In essence, the organization is dedicated to providing educational services to its students. For the fiscal year ending June 30, 2022, the school served approximately 179 students. The academy operates with the goal of providing quality education, presumably aimed at fostering the overall development of its students. While the information does not specify the age group or focus of the school, it is clear that Children's Village Academy Inc is committed to the operation of a public charter school.


Official website here: www.cvatigers.com

Who is the CEO of Children's Village Academy Inc?

Roy Lanier is the Chairman of Children's Village Academy Inc.


Official website here: www.cvatigers.com

What is the revenue of Children's Village Academy Inc?

Children's Village Academy Inc's revenue in 2022 was $3,405,398.


Official website here: www.cvatigers.com

Who are the executives of Children's Village Academy Inc and what are their salaries?

The average compensation at Children's Village Academy Inc during 2022 was $22,441. There are 73 employees and 5 volunteers at Children's Village Academy Inc.


Here are 6 key members and their salaries:


Roy Lanier (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Peggy Carr (Vice Chair/T)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Harper (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Lewis (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilma Troublefield (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Jones (Principal)
  • Compensation: $72,189
  • Related: $0
  • Other: $0


Official website here: www.cvatigers.com

Where can I find the form 990 for Children's Village Academy Inc?

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


Official website here: www.cvatigers.com

Learn more at the official website: www.cvatigers.com

Mission Statement of Children's Village Academy Inc

Children's Village Academy Inc, as a distinguished entity, is dedicated to the operation of a North Carolina public charter school. In this role, it offers educational services to a diverse group of approximately 179 students, concluding its fiscal year on June 30, 2022. This nonprofit organization's mission is centered around providing quality education within the framework of a public charter school, fostering an environment conducive to learning and personal growth for its students.

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Impact




July, 2024

Children's Village Academy Inc's impact can be seen in the educational opportunities provided to approximately 179 students in Kinston, NC. By operating as a public charter school, the organization plays a vital role in shaping the academic futures of these students and contributing to the overall educational landscape in the community. Through its mission of providing quality education, Children's Village Academy Inc is helping to prepare the next generation of learners for success in their academic and professional endeavors.




This information is meant to be a general summary of Children's Village 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
$3,405,398 (2022)
Expenses
$3,544,473 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,506,092
  • Gross Receipts: $3,405,398

Assets and Liabilities:

  • Total Assets: $977,769
  • Total Liabilities: $1,903,969
  • Net Assets: -$926,200

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Programs

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

STATE APPROPRIATIONS

Revenue

$1,317,380

COUNTY APPROPRIATIONS

Revenue

$188,712

Organization Details

Founding Year

1996

Principal Officer

Roy Lanier

Main Address

POST OFFICE BOX 2206, KINSTON, NC, 285022206

NTEE Category

Code: B24Z - Education

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