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The Academy Of Moore County

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562121604 ✦ Aberdeen, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Academy Of Moore County?

The Academy of Moore County is a public charter school, serving around 427 students annually, situated in Aberdeen, North Carolina. This nonprofit institution's primary mission is to operate as a public charter school, providing educational services for its student body. The Academy of Moore County completed its fiscal year on June 30, 2020, underscoring its ongoing commitment to serving its community.


Official website here: www.acdemyofmoorecounty.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%

The Academy Of Moore County has received a Two-Star out of Four Star rating from Charity Navigator, which reflects a score of 73%. This rating is derived solely from its Accountability & Finance metrics, indicating that while there are strong points in governance and financial practices, there is room for improvement in other areas.

The organization demonstrates several strengths, particularly in board independence, financial oversight, and efficient program expenses, with an impressive 85.16% of its expenses directed towards programs. The board is entirely independent, which is favorable for governance, and it has a robust audit and oversight committee. However, it lacks a whistleblower policy and a document retention policy, which are essential for transparency and accountability.

One significant concern is the organization's liabilities to assets ratio, which stands at 113.09%, signaling potential financial instability. This aspect, coupled with the absence of key policies, might raise questions among donors about the overall financial health and governance practices of The Academy Of Moore County.


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

Is The Academy Of Moore County legitimate?

The Academy Of Moore County is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Academy Of Moore County 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: $2,474,533

For more financial information, click here


Official website here: www.acdemyofmoorecounty.org

What is the mission statement of The Academy Of Moore County?

The Academy of Moore County, as a public charter school, is committed to serving around 427 students. Its mission, in essence, is to provide education within this capacity. While the provided information does not explicitly detail a mission statement, it implies that the school operates with a focus on education, serving as a public entity. However, due to the limited data provided, a comprehensive and detailed mission statement cannot be summarized accurately.


Official website here: www.acdemyofmoorecounty.org

Who is the CEO of The Academy Of Moore County?

Jim Busby is the Treasurer of The Academy Of Moore County.


Official website here: www.acdemyofmoorecounty.org

What is the revenue of The Academy Of Moore County?

The Academy Of Moore County's revenue in 2022 was $4,952,820.


Official website here: www.acdemyofmoorecounty.org

Who are the executives of The Academy Of Moore County and what are their salaries?

The average compensation at The Academy Of Moore County during 2022 was $34,853. There are 71 employees and 20 volunteers at The Academy Of Moore County.


Here are 8 key members and their salaries:


Jim Busby (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Holden Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Janet Lowry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Nordloh (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Park (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Scholtes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acdemyofmoorecounty.org

Where can I find the form 990 for The Academy Of Moore County?

The Academy Of Moore County's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.acdemyofmoorecounty.org

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

Mission Statement of The Academy Of Moore County

The Academy of Moore County, as a public charter school, is dedicated to serving around 427 students throughout the fiscal year ending June 30, 2020. Its primary objective is to provide a quality educational environment, operating under the umbrella of a public charter school system. The institution is committed to fostering an inclusive and nurturing learning environment for its students, promoting academic growth and personal development.

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Impact




July, 2024

The Academy of Moore County has a significant impact on the community by providing quality education to approximately 427 students in Aberdeen, NC. As a public charter school, it plays a crucial role in shaping the future of these students and preparing them for success in their academic and professional lives. The Academy of Moore County contributes to the overall educational landscape in the area, offering a unique learning environment and opportunities for students to thrive and reach their full potential.




This information is meant to be a general summary of The Academy Of Moore County. 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
$4,952,820 (2022)
Expenses
$4,660,388 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $141
  • Program Service Revenue: $98,953
  • Gross Receipts: $4,952,820

Assets and Liabilities:

  • Total Assets: $9,085,944
  • Total Liabilities: $10,696,221
  • Net Assets: -$1,610,277

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Programs

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

BEFORE/AFTER SCHOOL CARE

Revenue

$76,261

FOOD SERVICE

Revenue

$22,692

Organization Details

Founding Year

1998

Principal Officer

Jim Busby

Main Address

12588 HWY 15-501, ABERDEEN, NC, 28315

NTEE Category

Code: B20 - Education

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