Overview
What is The Beaufort Academy Inc?
The Beaufort Academy Inc, located at 240 SAMS POINT ROAD, BEAUFORT, SC 29907, is a renowned educational institution that offers educational services to the public for a fee. This nonprofit caters to students from kindergarten to twelfth grade, approximately 342 in total. The academy's mission is to provide a comprehensive education, encompassing subjects like music, art, athletics, and computers. As a private, coeducational independent college preparatory school, it offers pre-kindergarten to twelfth-grade education, equipping students with the necessary skills for higher education. With a dedicated workforce of 95 employees, The Beaufort Academy Inc is committed to fostering the intellectual and personal growth of its students in a nurturing environment.
Official website here: www.beaufortacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
The Beaufort Academy Inc has received a low rating of 58% from Charity Navigator, which indicates significant concerns regarding its accountability and financial transparency. While the organization boasts a fully independent board, the lack of financial statements and missing key policies such as a whistleblower and document retention policy raise red flags about its governance practices.
Despite these issues, the organization demonstrates a solid commitment to program expenses, with 79.52% spent directly on its programs, showcasing a focus on mission-driven work. Furthermore, the absence of any material diversion of assets is a positive aspect, indicating that the organization is likely managing its resources appropriately in that regard.
However, the failure to provide essential financial documentation and policies may hinder trust and confidence among potential donors and stakeholders. For The Beaufort Academy Inc to improve its standing, addressing these transparency and policy gaps should be a priority moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is The Beaufort Academy Inc legitimate?
The Beaufort Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Beaufort 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: $100,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,072,724
For more financial information, click here
Official website here: www.beaufortacademy.org
What is the mission statement of The Beaufort Academy Inc?
The Beaufort Academy Inc is a private, coeducational independent college preparatory school, offering education from pre-kindergarten to twelfth grade. Its mission is centered around providing a comprehensive educational experience, encompassing subjects such as music, art, athletics, and computers. The institution aims to prepare its students for higher education, serving approximately 342 students. The Academy's mission is to provide an educational service to the general public, charging a fee, and strives to equip its students with essential skills and knowledge for their future.
Official website here: www.beaufortacademy.org
Who is the CEO of The Beaufort Academy Inc?
Katie Huebel is the Secretary of The Beaufort Academy Inc.
Official website here: www.beaufortacademy.org
What is the revenue of The Beaufort Academy Inc?
The Beaufort Academy Inc's revenue in 2022 was $5,353,337.
Official website here: www.beaufortacademy.org
Who are the executives of The Beaufort Academy Inc and what are their salaries?
The average compensation at The Beaufort Academy Inc during 2022 was $22,876. There are 95 employees and 25 volunteers at The Beaufort Academy Inc.
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Official website here: www.beaufortacademy.org
Where can I find the form 990 for The Beaufort Academy Inc?
The Beaufort Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beaufortacademy.org
Learn more at the official website: www.beaufortacademy.org
Mission Statement of The Beaufort Academy Inc
The Beaufort Academy, an esteemed private coeducational independent college preparatory school, serves students from pre-kindergarten through twelfth grade. Its mission is centered around providing a comprehensive education, encompassing subjects such as music, art, athletics, and computers. The academy aims to prepare its students for higher education, nurturing their growth and development in a nurturing learning environment.
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Impact
July, 2024
The impact of The Beaufort Academy Inc is significant in the community as it provides a high-quality college preparatory education to approximately 342 students from pre-kindergarten through twelfth grade. By offering a comprehensive curriculum that includes music, art, athletics, and computers, the academy is shaping the future of these students and preparing them for success in higher education and beyond. The education services provided by The Beaufort Academy Inc play a crucial role in enriching the lives of students and contributing to the overall educational landscape in Beaufort, South Carolina.
This information is meant to be a general summary of The Beaufort 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.
- Investment Income: $2,022
- Program Service Revenue: $4,556,787
- Gross Receipts: $5,378,789
Assets and Liabilities:
- Total Assets: $4,477,653
- Total Liabilities: $3,410,498
- Net Assets: $1,067,155
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$4,219,563
AUXILARY PROGRAMS
Revenue
$171,134
CAPITAL ASSESSMENT FEE
Revenue
$135,200
STUDENT ACTIVITIES
Revenue
$30,890
Organization Details
Founding Year
1965
Phone
(843) 524-3393Principal Officer
Katie Huebel
Main Address
240 SAMS POINT ROAD, BEAUFORT, SC, 29907
Website
www.beaufortacademy.orgNTEE Category
Code: B200 - Education
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