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Jubilee 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: 571119456 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Jubilee Academy Inc?

Jubilee Academy Inc is a nonprofit organization situated in Columbia, South Carolina. They have a mission to enhance the lives of underprivileged minority children by building strong relationships, offering parental training, and providing a year-round, full-time, Christian independent school. Their goal is to tackle generational poverty and reshape the futures of these young individuals. The organization's activities and mission revolve around education and religion, aiming to make a positive impact on the lives of these children in the metropolitan area. With a dedicated workforce of 31 employees, Jubilee Academy Inc is committed to leveraging education and faith as tools for change.


Official website here: www.jubileeacademysc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 66%)

Jubilee Academy Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall operations. The organization scored 66% overall, reflecting a solid commitment to accountability and finance, particularly in governance, where all board members are independent. However, the lack of available financial statements significantly impacted its score, highlighting a gap in transparency.

While Jubilee Academy excels in program expense allocation with an impressive ratio of 83.03%, showcasing its focus on mission-related activities, it faces challenges with its liabilities to assets ratio of 73.98%. This ratio suggests a potential risk in financial stability, which could affect its long-term viability and operational effectiveness.

The organization has put in place essential policies, such as conflict of interest and whistleblower policies, which are indicative of a commitment to ethical governance. However, without accessible financial documentation, stakeholders may find it difficult to fully assess the organization's financial health and sustainability.


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

Is Jubilee Academy Inc legitimate?

Jubilee Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jubilee 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: $54,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,624

For more financial information, click here


Official website here: www.jubileeacademysc.org

What is the mission statement of Jubilee Academy Inc?

Jubilee Academy Inc's mission is to make a positive impact on the lives of minority children living in poverty-stricken communities in a metropolitan area. They achieve this through a combination of education and religion. The organization builds relationships within the community, offers parental training, and operates a year-round, full-time, Christian independent school. Their goal is to reshape the lives of economically disadvantaged youth and offer a solution to generational poverty.


Official website here: www.jubileeacademysc.org

Who is the CEO of Jubilee Academy Inc?

Sandra L Hensley is the Executive Director of Jubilee Academy Inc.


Official website here: www.jubileeacademysc.org

What is the revenue of Jubilee Academy Inc?

Jubilee Academy Inc's revenue in 2022 was $603,226.


Official website here: www.jubileeacademysc.org

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

The average compensation at Jubilee Academy Inc during 2022 was $8,703. There are 31 employees at Jubilee Academy Inc.


Here are 5 key members and their salaries:


Sandra L Hensley (Executive Director)
  • Compensation: $54,167
  • Related: $0
  • Other: $0
John Frick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Stuart Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hampton Oliver (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Deloache Iii (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jubileeacademysc.org

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

Jubilee Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jubileeacademysc.org

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

Mission Statement of Jubilee Academy Inc

Jubilee Academy Inc, a nonprofit organization, is committed to making a positive impact in the lives of minority children living in poverty-stricken communities in the metropolitan area. Their mission is twofold: education and religion. They aim to build strong relationships within the community, providing training and support to parents, while also operating a year-round, full-time, Christian independent school. This holistic approach is designed to reshape the lives of economically disadvantaged youth and provide a potential solution to generational poverty.

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Impact




July, 2024

Jubilee Academy Inc's impact is evident in the transformation of the lives of minority children in poverty-stricken communities in the Columbia metropolitan area. By offering a year-round, full-time Christian independent school, the organization is providing a solution to generational poverty. Through building relationships, providing training to parents, and offering a holistic educational approach, Jubilee Academy Inc is reshaping the future of economically disadvantaged youth. Their focus on human services underscores their commitment to making a lasting and meaningful difference in the lives of those they serve.




This information is meant to be a general summary of Jubilee 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
$603,226 (2022)
Expenses
$472,629 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $525
  • Program Service Revenue: $66,424
  • Gross Receipts: $603,226

Assets and Liabilities:

  • Total Assets: $278,078
  • Total Liabilities: $205,759
  • Net Assets: $72,319

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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

$66,424

Organization Details

Founding Year

2001

Principal Officer

Sandra L Hensley

Main Address

PO Box 4476, Columbia, SC, 29240

NTEE Category

Code: P80 - Human services

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