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The Metrolina Regional Scholars' Academy

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

EIN: 562153618 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Metrolina Regional Scholars' Academy?

The Metrolina Regional Scholars' Academy is a public charter school located in Charlotte, North Carolina. With a student population of 394, it serves as an educational hub during the fiscal year ending June 30, 2022. This institution's primary mission revolves around the operation of a charter school, providing a learning environment for its students. The Metrolina Regional Scholars' Academy contributes to the local community in Charlotte, offering its educational services.


Official website here: www.scholarsacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

The Metrolina Regional Scholars' Academy has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong performance in both accountability and finance, as well as culture and community. With an overall score of 96%, the organization excels in various indicators such as having a fully independent board, comprehensive financial oversight, and robust conflict of interest and whistleblower policies.

Financially, the academy demonstrates a commitment to program effectiveness, with 87.67% of its expenses directed towards programs. The academy maintains a healthy liabilities to assets ratio of 24.35%, indicating sound financial health and sustainability. This strong fiscal management, combined with transparent governance practices, underscores the organization's dedication to responsible stewardship of its resources.

In terms of culture and community, the academy scored a perfect 100%. It effectively collects and utilizes feedback from its stakeholders, ensuring that its practices are responsive and aligned with community needs. This high level of engagement and commitment to transparency showcases the organization's strengths in fostering trust and accountability within the community it serves.


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

Is The Metrolina Regional Scholars' Academy legitimate?

The Metrolina Regional Scholars' Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Metrolina Regional Scholars' 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,866,144

For more financial information, click here


Official website here: www.scholarsacademy.org

What is the mission statement of The Metrolina Regional Scholars' Academy?

The Metrolina Regional Scholars' Academy, as a public charter school, does not specifically provide a mission statement in the given data. However, its mission can be inferred from its primary activity. The academy aims to provide quality education to its students, serving a total of 394 during the fiscal year ending June 30, 2022. Their operation likely involves fostering a conducive learning environment, promoting academic growth, and preparing students for their future endeavors. However, without explicit information, this is an indirect interpretation of their mission.


Official website here: www.scholarsacademy.org

Who is the CEO of The Metrolina Regional Scholars' Academy?

Adam Starling is the Executive Director of The Metrolina Regional Scholars' Academy.


Official website here: www.scholarsacademy.org

What is the revenue of The Metrolina Regional Scholars' Academy?

The Metrolina Regional Scholars' Academy's revenue in 2022 was $4,794,717.


Official website here: www.scholarsacademy.org

Who are the executives of The Metrolina Regional Scholars' Academy and what are their salaries?

The average compensation at The Metrolina Regional Scholars' Academy during 2022 was $39,808. There are 72 employees at The Metrolina Regional Scholars' Academy.


Here are 12 key members and their salaries:


Ari Piper (Executive Director)
  • Compensation: $122,351
  • Related: $0
  • Other: $0
Sridhar Dasu (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natesha Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Schroeck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Lewis (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aura Young (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Smita Korrapati (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerbie Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Weiyi Ning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aj Farooqi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Starling (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Direnzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.scholarsacademy.org

Where can I find the form 990 for The Metrolina Regional Scholars' Academy?

The Metrolina Regional Scholars' Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.scholarsacademy.org

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

Mission Statement of The Metrolina Regional Scholars' Academy

The Metrolina Regional Scholars' Academy, as a public charter school, is dedicated to serving a student body of 394 individuals. Its primary mission lies in the operation of an educational institution that provides a learning environment for these students, as evidenced by its activities and the fiscal year data provided. While the information does not delve into the specifics of the academy's educational philosophy or curriculum, it is clear that The Metrolina Regional Scholars' Academy is committed to serving its student body, contributing to the educational landscape in an unspecified location.

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Impact




July, 2024

The Metrolina Regional Scholars' Academy has a significant impact on the education sector in Charlotte, NC. By operating as a public charter school and serving 394 students for the fiscal year ended June 30, 2022, the academy plays a crucial role in providing quality education to a diverse group of students. Its mission to educate and empower students, coupled with its focus on academic excellence, indicates a dedication to shaping the future leaders of tomorrow. This impact ripples through the community, contributing to the overall growth and development of the region.




This information is meant to be a general summary of The Metrolina Regional Scholars' 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.

Revenue
$4,794,717 (2022)
Expenses
$4,394,505 (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: $3,968,974
  • Gross Receipts: $4,794,717

Assets and Liabilities:

  • Total Assets: $8,373,165
  • Total Liabilities: $2,464,084
  • Net Assets: $5,909,081

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Programs

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

State of North Carolina

Revenue

$2,538,033

Local Education Agencies

Revenue

$1,185,236

Before and After School Revenue

Revenue

$5,010

Other Program Revenue

Revenue

$240,695

Organization Details

Founding Year

1999

Principal Officer

Adam Starling

Main Address

5225 Seventy-Seven Center Drive, Charlotte, NC, 28217

NTEE Category

Code: B29 - Education

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