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Cambridge Academy Inc

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

EIN: 570511222 ✦ Greenwood, SC ✦ Designated as a 501(c)(3)

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Overview

What is Cambridge Academy Inc?

Cambridge Academy Inc, situated in Greenwood, South Carolina, is a renowned independent school that caters to students from pre-primary to 12th grade. The institution is committed to fostering a learning environment that integrates high academic expectations with an atmosphere of care and mutual respect. This approach is believed to be the most effective method for college preparation. Cambridge Academy values each individual's infinite worth and dignity, welcoming students of diverse backgrounds, including various races, religions, and nationalities. The school's mission is to provide students with an academically excellent curriculum while encouraging physical, social, and spiritual wellness. This nurturing environment aims to instill in students a lifelong love of learning, enabling them to face future challenges with enthusiasm. As of the provided information, the school employs a total of 47 individuals.


Official website here: www.cambridgecougars.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63%, Two-Star out of Four Star rating. This rating reflects an Accountability & Finance score calculated entirely from a single beacon score. A score of 63% indicates that while there are some strengths in governance, there are notable deficiencies in other critical areas.

Cambridge Academy Inc demonstrates strong governance practices, with 100% of its board members being independent and having no reported material diversion of assets. Additionally, the organization maintains a high program expense ratio of 78.34%, suggesting that a significant portion of its funds is directed towards its programs rather than overhead costs. However, the lack of certain policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about organizational transparency and accountability.

The absence of these fundamental policies is a limitation that could impact stakeholder trust and operational integrity. While the organization shows promise with its independent board and program expenditure, addressing these gaps in policy development is crucial for enhancing its overall accountability and financial management in the future.


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

What do the Facebook reviews say about Cambridge Academy Inc?

100% of 27 reviewers on Facebook recommend Cambridge Academy Inc. Here is a summary of their reviews:

Parents appreciate that the academy allows children to enjoy their childhood while fostering natural growth and development. Many express gratitude for an environment that does not impose the pressures and expectations typical in public schools, which can push children to mature socially and emotionally before they are ready.

Overall, the sentiment reflects a strong endorsement of Cambridge Academy Inc. for its commitment to nurturing students in a supportive atmosphere, which many feel is crucial for their healthy development into adulthood.


This AI summary has been generated from reviews found on Facebook.

Is Cambridge Academy Inc legitimate?

Cambridge Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $719,535

For more financial information, click here


Official website here: www.cambridgecougars.org/

What is the mission statement of Cambridge Academy Inc?

Cambridge Academy Inc's mission is centered around providing a challenging yet nurturing educational environment. The institution believes that setting high academic expectations within an atmosphere of mutual respect results in an effective college-preparatory education. Each student is viewed as having infinite worth and dignity, and the academy strives to help each one reach their full intellectual, social, emotional, and spiritual potential. Cambridge Academy emphasizes fostering a love of learning that will enable students to face future challenges with enthusiasm. The curriculum is academically excellent, and the academy also focuses on nurturing physical, social, and spiritual wellness within its students.


Official website here: www.cambridgecougars.org/

Who is the CEO of Cambridge Academy Inc?

Lori Anne Tunstall Hagood is the Head Of Scho of Cambridge Academy Inc.


Official website here: www.cambridgecougars.org/

What is the revenue of Cambridge Academy Inc?

Cambridge Academy Inc's revenue in 2021 was $1,553,551.


Official website here: www.cambridgecougars.org/

Who are the executives of Cambridge Academy Inc and what are their salaries?

The average compensation at Cambridge Academy Inc during 2021 was $17,224. There are 47 employees and 9 volunteers at Cambridge Academy Inc.


Here are 10 key members and their salaries:


Lori Anne Tunstall Hagood (Head Of Scho)
  • Compensation: $90,000
  • Related: $0
  • Other: $2,789
Mark Askew (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Bacot (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Bolton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Mapes (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Munnerlyn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Myers (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amie Thompson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Timmerman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Weaver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cambridgecougars.org/

Where can I find the form 990 for Cambridge Academy Inc?

Cambridge Academy Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.cambridgecougars.org/

Learn more at the official website: www.cambridgecougars.org/

Mission Statement of Cambridge Academy Inc

Cambridge Academy believes in instilling high academic expectations in a nurturing environment that fosters mutual respect. Their philosophy is rooted in the belief that every individual is of infinite worth and dignity. The school seeks to assist each student in reaching their full potential, not just intellectually, but also socially, emotionally, and spiritually. Cambridge Academy consistently cultivates a love of learning that prepares students to face lifelong challenges with enthusiasm. In accordance with their mission, the institution provides students with an academically excellent curriculum while promoting physical, social, and spiritual well-being within a nurturing environment.

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Impact




July, 2024

Cambridge Academy Inc's impact lies in its commitment to providing students with a high academic standard while fostering physical, social, and spiritual wellness in a nurturing environment. By believing in the infinite worth and dignity of each individual, Cambridge Academy strives to help students of all races, religions, and nationalities reach their full potential intellectually, socially, emotionally, and spiritually. This approach nurtures a love of learning that equips students to enthusiastically embrace a lifetime of challenges. With a focus on college preparatory education, Cambridge Academy's impact can be seen in the holistic development of its students and their preparedness for future endeavors.




This information is meant to be a general summary of Cambridge 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.

Revenue
$1,553,551 (2021)
Expenses
$1,256,399 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $1,231,636
  • Gross Receipts: $1,555,436

Assets and Liabilities:

  • Total Assets: $922,553
  • Total Liabilities: $536,011
  • Net Assets: $386,542

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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

$1,213,882

AUXILIARY ACTIVITIES

Revenue

$17,754

Organization Details

Founding Year

1968

Principal Officer

Lori Anne Tunstall Hagood

Main Address

103 EASTMAN STREET, GREENWOOD, SC, 29649

NTEE Category

Code: B24Z - Education

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