Richard Winn Academy

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

EIN: 570479330 ✦ Winnsboro, SC ✦ Designated as a 501(c)(3)

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Overview

What is Richard Winn Academy?

Richard Winn Academy is a nonprofit institution located in Winnsboro, South Carolina. Established over five decades ago, its mission has remained unwavering: to offer a superior education to students from kindergarten through twelfth grade in a safe, disciplined, and nurturing environment. The founders prioritized a strong, traditional education, establishing a foundation for higher learning, fostering creative thinking and problem-solving skills, and promoting lifelong learning. The academy provides education alongside extracurricular activities such as sports and academic challenges, ensuring a well-rounded experience for its students, with a current workforce of 60 individuals.


Official website here: www.richardwinn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating suggests that Richard Winn Academy has room for improvement in its overall accountability and financial practices. While it scored well in certain areas like having a fully independent board, its lack of financial statements and missing policies related to whistleblower protections and document retention raise concerns.

The organization demonstrates strong governance with 100% independent board members and a solid program expense ratio of 88.18%, indicating that a significant portion of its expenses is directed towards its programs. However, the absence of financial statements on its website limits transparency and could hinder stakeholder trust.

Additionally, while there are no reported material diversions of assets, the missing whistleblower and document retention policies could pose risks to accountability. Overall, while Richard Winn Academy shows strengths in governance and program spending, it needs to address gaps in its financial disclosures and policies to enhance its accountability and performance ratings.


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

Is Richard Winn Academy legitimate?

Richard Winn Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richard Winn 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: $59,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,113,826

For more financial information, click here


Official website here: www.richardwinn.org

What is the mission statement of Richard Winn Academy?

The Richard Winn Academy, with over half a century of history, is committed to providing a superior education to students from prekindergarten to twelfth grade. This mission has remained steadfast throughout its existence. The founders of the academy were dedicated to providing a strong, traditional educational foundation for all students. This education not only prepares students for college and higher learning but also fosters creative thinking and problem-solving skills. Furthermore, it encourages a lifelong learning attitude in its students, ensuring they are well-equipped to navigate their future academic and personal endeavors. The academy maintains a safe, disciplined, and nurturing environment, ensuring the overall well-being and academic growth of its students.


Official website here: www.richardwinn.org

What is the revenue of Richard Winn Academy?

Richard Winn Academy's revenue in 2024 was $2,051,661.


Official website here: www.richardwinn.org

Who are the executives of Richard Winn Academy and what are their salaries?

The average compensation at Richard Winn Academy during 2024 was $20,576. There are 57 employees and 59 volunteers at Richard Winn Academy.

Here are 10 key members and their salaries:


Kristen Chaisson (Head Of School)
  • Compensation: $60,182
  • Related: $0
  • Other: $654
Brian Bonds (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mac Caldwell (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Warren (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Young (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brice Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brady Branham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caleb Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Short Stephenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.richardwinn.org

Where can I find the form 990 for Richard Winn Academy?

Richard Winn Academy's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.richardwinn.org

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

Mission Statement of Richard Winn Academy

Richard Winn Academy, with over half a century of history, has consistently maintained its mission to provide a superior education for students from pre-kindergarten to twelfth grade. Established with a commitment to traditional education, the academy offers a well-disciplined and nurturing environment. The founders' vision encompasses more than just academic excellence; it aims to cultivate a strong foundation for higher learning, fostering creative thinking and problem-solving skills. This holistic approach to education is designed to equip students with lifelong learning abilities, preparing them for their future endeavors.

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Impact




July, 2024

Richard Winn Academy's impact can be seen in the excellent education it provides to students from prekindergarten through twelfth grade. With a focus on a strong basic, traditional education, the school instills in its students the foundation for college and higher learning, as well as creative thinking and problem-solving skills essential for lifelong learning. By offering extracurricular activities such as athletics and academic challenges, Richard Winn Academy ensures a well-rounded educational experience for its students in Winnsboro, SC.




This information is meant to be a general summary of Richard Winn 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
$2,051,661 (2024)
Expenses
$1,933,047 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $46
  • Program Service Revenue: $1,856,514
  • Gross Receipts: $2,095,217

Assets and Liabilities:

  • Total Assets: $2,292,563
  • Total Liabilities: $1,477,599
  • Net Assets: $814,964

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Programs

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

TUITION AND FEES

Revenue

$1,648,599

CAFETERIA

Revenue

$128,286

AFTERCARE AND DAYCARE

Revenue

$68,976

PROGRAM SERVICE

Revenue

$10,653

Organization Details

Founding Year

1966

Principal Officer

Brian Bonds

NTEE Category

Code: B24 - Education

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