Overview
What is Pace Academy Inc?
Pace Academy Inc, established in 1958, is a highly regarded independent college preparatory co-educational day school located in Atlanta, Georgia. With an enrollment of 1,150 students from pre-first to twelfth grades, this nonprofit institution aims to foster an innovative learning environment by emphasizing collaboration, challenging curriculum, and outstanding teaching. Small class sizes, meaningful student-teacher relationships, and a nurturing community are prioritized to help students push beyond their comfort zones and accomplish goals they might not have thought possible. Pace Academy's mission is to cultivate prepared and confident global citizens who uphold the values of the institution. Currently, the organization is staffed by approximately 468 employees.
Official website here: www.paceacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Pace Academy Inc has earned a notable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization's exceptional score of 96% in the Accountability & Finance category indicates a robust oversight framework, with an independent board comprising 100% independent members and a well-maintained audit and oversight committee.
The nonprofit demonstrates excellent financial management, as evidenced by its program expense ratio of 85.84%, ensuring that the majority of funds are directed toward its programs and services. Additionally, the organization has clear policies in place for conflict of interest, whistleblower protections, and document retention, underscoring its dedication to transparency and ethical governance.
While the organization shows great strength in its financial practices and governance, ongoing engagement with stakeholders and the community may further enhance its impact and visibility. Overall, Pace Academy Inc stands out as a reliable and principled nonprofit, making effective use of its resources to further its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Pace Academy Inc legitimate?
Pace Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pace 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: $1,087,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,810,489
For more financial information, click here
Official website here: www.paceacademy.org
What is the mission statement of Pace Academy Inc?
Pace Academy is a college preparatory independent school catering to students from pre-first through twelfth grade. Its mission is to develop well-rounded citizens with confidence and a strong sense of honor. The institution fosters an innovative learning environment through collaboration, challenging curriculum, and exceptional teaching. Students are encouraged to step out of their comfort zones, engage with the world around them, and accomplish goals once thought impossible. Pace Academy focuses on the individual to create a nurturing community, maintaining small class sizes and prioritizing meaningful relationships between students and teachers.
Official website here: www.paceacademy.org
Who is the CEO of Pace Academy Inc?
Frederick G Assaf is the Head Of School of Pace Academy Inc.
Official website here: www.paceacademy.org
What is the revenue of Pace Academy Inc?
Pace Academy Inc's revenue in 2022 was $52,734,440.
Official website here: www.paceacademy.org
Who are the executives of Pace Academy Inc and what are their salaries?
The average compensation at Pace Academy Inc during 2022 was $40,380. There are 468 employees and 1115 volunteers at Pace Academy Inc.
Here are 38 key members and their salaries:
- Compensation: $712,603
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- Other: $184,865
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- Other: $5,019
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- Other: $31,115
- Compensation: $222,623
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- Other: $37,848
- Compensation: $192,327
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- Other: $40,698
- Compensation: $157,641
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- Other: $21,714
- Compensation: $141,092
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Official website here: www.paceacademy.org
Where can I find the form 990 for Pace Academy Inc?
Pace Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paceacademy.org
Learn more at the official website: www.paceacademy.org
Mission Statement of Pace Academy Inc
Pace Academy, a renowned independent college preparatory school, is dedicated to nurturing prepared and confident global citizens. Established in 1958, this co-educational day school serves a student body of 1,150, ranging from pre-first to twelfth grades. The institution fosters an innovative learning environment through collaboration, challenging curriculum, and outstanding teaching, encouraging students to engage with the world and push beyond their comfort zones. Pace Academy's mission is to create an atmosphere where students are inspired to accomplish extraordinary things, starting small by focusing on the individual student. The school maintains small class sizes, emphasizes meaningful student-teacher relationships, and fosters a supportive, inclusive community. Pace Academy's educators are committed to helping students discover their unique potential, equipping them with the skills and knowledge necessary to thrive in an ever-changing world. By requiring students to connect with their surroundings, embrace new challenges, and work collaboratively, Pace Academy empowers its graduates to become thoughtful, engaged citizens who honor the values of the institution.
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Impact
October, 2024
Pace Academy Inc significantly impacts the educational landscape in Atlanta, Georgia, by providing a college preparatory independent school experience for students from pre-first through 12th grade. Established in 1958, the institution serves around 1,150 students, emphasizing an innovative learning environment that encourages collaboration and challenges.
The school distinguishes itself through its commitment to small class sizes, which fosters meaningful student-teacher relationships and allows for personalized attention. This individual focus helps students engage deeply with their education, empowering them to step outside their comfort zones and achieve goals they may have previously thought unattainable.
Pace Academy’s curriculum is designed to be rigorous and enriching, complemented by co-curricular offerings that enhance the overall educational experience. By promoting a strong sense of community and inclusivity, the school nurtures well-rounded individuals prepared to navigate the complexities of the world. The mission focuses on creating confident citizens who uphold the values instilled by Pace Academy, thereby contributing to society in meaningful ways.
Through its approach to education, Pace Academy not only prepares its students academically but also instills values and skills vital for success in life beyond the classroom, ultimately contributing to the development of engaged and responsible members of the community.
This information is meant to be a general summary of Pace 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: $3,208,035
- Program Service Revenue: $38,121,177
- Gross Receipts: $53,853,917
Assets and Liabilities:
- Total Assets: $205,828,647
- Total Liabilities: $42,871,448
- Net Assets: $162,957,199
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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
$36,060,852
AUXILIARY
Revenue
$954,352
OTHER REVENUE
Revenue
$1,105,973
Organization Details
Founding Year
1958
Phone
(404) 262-1345Principal Officer
Frederick G Assaf
Main Address
966 WEST PACES FERRY ROAD NW, ATLANTA, GA, 303272648
Website
www.paceacademy.orgNTEE Category
Code: B200 - Education
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