Overview
What is Winston Salem Academy Inc?
Winston Salem Academy Inc, located at 5426 Shattalon Drive, Winston-Salem, North Carolina, operates as a public school academy. This nonprofit institution, also known as Forsyth Academies, provides education for students from kindergarten to eighth grade at no cost to parents. Their mission is to foster a learning environment based on rigorous teaching methods, parental involvement, student responsibility, and fundamental moral values. The academy operates under a charter approved by the North Carolina State Board of Education, ensuring a high-quality educational experience for its students.
Official website here: www.nhaschools.com
What are the reviews and ratings of this charity?
**Rating: 77% (Three-Star out of Four Star rating) - Charity Navigator**
Winston Salem Academy Inc. holds a Three-Star rating from Charity Navigator, indicating a fair level of organizational accountability and financial health. This score is derived solely from its Accountability & Finance metrics, where the organization achieved notable results, including full credit for its independent board and financial oversight measures. However, the missing whistleblower policy suggests some areas requiring attention.
Strengths of the organization include a low liabilities to assets ratio and a high program expense ratio that indicates effective utilization of funds toward its programs. These factors highlight a commitment to financial transparency and responsible management of resources, ensuring contributions primarily support its mission.
Unfortunately, the organization could not be assessed through additional methodologies related to impact, culture, or leadership, leaving some aspects of its operation unclear. As of now, user feedback from GreatNonprofits is not available, which could provide further insights into the community's perception of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Winston Salem Academy Inc legitimate?
Winston Salem Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winston Salem 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,150,333
For more financial information, click here
Official website here: www.nhaschools.com
What is the mission statement of Winston Salem Academy Inc?
Winston Salem Academy Inc's mission is to operate a public charter school providing education to students from kindergarten to eighth grade. This education is based on rigorous teaching methods, encouraging parental involvement, fostering student responsibility, and instilling basic moral values. The school is committed to enrolling all eligible children, regardless of gender, ethnic background, disability, or religious affiliation.
Official website here: www.nhaschools.com
Who is the CEO of Winston Salem Academy Inc?
Derrick Boone Sr is the President of Winston Salem Academy Inc.
Official website here: www.nhaschools.com
What is the revenue of Winston Salem Academy Inc?
Winston Salem Academy Inc's revenue in 2022 was $8,699,617.
Official website here: www.nhaschools.com
Who are the executives of Winston Salem Academy Inc and what are their salaries?
There 102 volunteers at Winston Salem Academy Inc.
Here are 7 key members and their salaries:
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Official website here: www.nhaschools.com
Where can I find the form 990 for Winston Salem Academy Inc?
Winston Salem Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhaschools.com
Learn more at the official website: www.nhaschools.com
Mission Statement of Winston Salem Academy Inc
Winston Salem Academy Inc is committed to operating a public charter school that provides education to children in kindergarten through eighth grade. Their teaching methods are rigorous, emphasizing a strong focus on parental involvement, student responsibility, and instilling basic moral values. The organization strives to make enrollment accessible to all appropriately aged children, regardless of their gender, ethnic background, disability, or religious affiliation. Winston Salem Academy Inc seeks to provide a well-rounded educational experience that not only equips students with academic knowledge but also encourages personal growth and development. The organization's mission is to foster an environment that promotes learning, responsibility, and the cultivation of moral values, creating a solid foundation for its students as they navigate their educational journey.
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Impact
July, 2024
Winston Salem Academy Inc impacts the community by providing a high-quality education based on rigorous teaching methods, parental involvement, student responsibility, and basic moral values to children in kindergarten through eighth grade. By operating as a public school academy, the academy offers this education at no cost to parents. This organization plays a vital role in shaping the lives of young individuals, irrespective of their background or affiliation, by focusing on academic excellence and character development.
This information is meant to be a general summary of Winston Salem 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: $16,706
- Gross Receipts: $8,699,617
Assets and Liabilities:
- Total Assets: $1,250,312
- Total Liabilities: $1,119,431
- Net Assets: $130,881
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD SERVICE PROGRAM
Revenue
$901
MISCELLANEOUS ACTIVITY FEES
Revenue
$15,805
Organization Details
Founding Year
1998
Phone
(616) 222-1700Principal Officer
Derrick Boone Sr
Main Address
5426 SHATTALON DRIVE, WINSTONSALEM, NC, 271060000
Website
www.nhaschools.comNTEE Category
Code: B20 - Education
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