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Quality Education 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: 562017872 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Quality Education Academy Inc?

Quality Education Academy Inc, situated in Forsyth county, North Carolina, functions as a public charter school. Serving approximately 669 students during the fiscal year ending June 30, 2022, its primary mission is to deliver quality education. Operating in the public sector, the academy's activities revolve around providing a nurturing learning environment and fostering academic growth for its students.


Official website here: www.qeschools.org

What are the reviews and ratings of this charity?

Charity Navigator rates Quality Education Academy Inc with a Four-Star out of Four Star rating, achieving an overall score of 96%. This high rating reflects its strong performance in accountability and finance, with no material issues reported in asset management or financial oversight. However, the rating is based solely on financial metrics, as the organization has not yet been evaluated for its impact, adaptability, or community engagement.

The majority of the board members are independent, indicating a commitment to governance standards, which adds to the nonprofit's accountability. The organization utilizes a comprehensive set of policies to ensure transparency and ethical practices, though it has a minor issue with the availability of its tax form on its website.

Currently, there are no user reviews available from GreatNonprofits, which limits insights into firsthand experiences with the organization. Overall, the solid financial standing and governance practices position Quality Education Academy Inc as a reputable nonprofit, although potential donors may want to consider the lack of evaluations in key operational areas.


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

Is Quality Education Academy Inc legitimate?

Quality Education Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quality Education 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: $166,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,851,946

For more financial information, click here


Official website here: www.qeschools.org

What is the mission statement of Quality Education Academy Inc?

Quality Education Academy Inc, as a public charter school, is dedicated to providing education to its students. During the fiscal year ending June 30, 2022, they served approximately 669 students in Forsyth county, NC. While the provided information does not include an explicit mission statement, it implies that their mission is to deliver quality education to their student body. This could involve creating a conducive learning environment, implementing effective teaching strategies, and fostering overall academic growth. However, without explicit data, this is an inferred mission statement based on their primary activity.


Official website here: www.qeschools.org

Who is the CEO of Quality Education Academy Inc?

Jefferson Caruthers is the Chairman of Quality Education Academy Inc. The CEO's salary of Quality Education Academy Inc is $0 and their total compensation is $0.


Official website here: www.qeschools.org

What is the revenue of Quality Education Academy Inc?

Quality Education Academy Inc's revenue in 2022 was $9,300,319.


Official website here: www.qeschools.org

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

The average compensation at Quality Education Academy Inc during 2022 was $49,737. There are 121 employees and 50 volunteers at Quality Education Academy Inc.


Here are 11 key members and their salaries (Quality Education Academy Inc's CEO's salary is $0 and their total compensation is $0):


Jefferson Caruthers (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adolphus Coplin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Luther Covington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Foxworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gadson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendra March (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Jessup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Oliphant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Weathers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Bellanger (Former Ceo)
  • Compensation: $104,275
  • Related: $0
  • Other: $0
Dr Tamara Turner (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.qeschools.org

Where can I find the form 990 for Quality Education Academy Inc?

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


Official website here: www.qeschools.org

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

Mission Statement of Quality Education Academy Inc

Quality Education Academy Inc, as a public charter school, is committed to providing education to a significant number of students. During the fiscal year ending June 30, 2022, this organization served approximately 669 students in Forsyth county, North Carolina. The mission of Quality Education Academy Inc is centered around delivering quality education, fostering a conducive learning environment for its students.

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Impact




July, 2024

Quality Education Academy Inc's impact is significant in providing education to approximately 669 students in Forsyth County, NC. By operating as a public charter school, it plays a crucial role in shaping the academic and personal development of these students. The school's mission to provide quality education is positively impacting the lives of many individuals and contributing to the overall educational landscape in the community.




This information is meant to be a general summary of Quality Education 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
$9,300,319 (2022)
Expenses
$9,816,064 (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: $6,646,789
  • Gross Receipts: $9,300,319

Assets and Liabilities:

  • Total Assets: $4,413,479
  • Total Liabilities: $207,849
  • Net Assets: $4,205,630

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Programs

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

STATE OF NC

Revenue

$4,811,963

COUNTY FUNDS

Revenue

$1,834,826

Organization Details

Founding Year

1997

Principal Officer

Jefferson Caruthers

Main Address

5012-D LANSING DRIVE, WINSTON SALEM, NC, 27105

NTEE Category

Code: B20 - Education

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