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Terrell 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: 581093162 ✦ Dawson, GA ✦ Designated as a 501(c)(3)

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Overview

What is Terrell Academy Inc?

Terrell Academy Inc, located undisclosed, is a dedicated nonprofit organization committed to delivering a top-notch education to around 300 students. It caters to various age groups, including preschool, kindergarten, elementary, middle grades, and high school students. Their primary objective is to guarantee an outstanding educational experience for every child, thereby fostering their growth and development. The academy's mission is deeply rooted in the belief that every child deserves an exceptional education, aiming to provide a comprehensive learning environment that equips students with essential skills for their future.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.

Terrell Academy Inc has received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The organization showcases strong governance practices, with 100% of its board members being independent, which is a positive indicator of its commitment to good oversight. Additionally, the organization has demonstrated no material diversion of assets, and it documents board meeting minutes effectively.

However, the overall rating of 67% suggests that there may be areas for improvement in its financial management or efficiency. While the program expense ratio stands out at 100%, indicating that all funds are directed towards program services, the organization's overall financial practices may need further enhancement to achieve a higher rating. Stakeholders might want to keep an eye on future developments to see how the organization addresses these concerns.


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

Is Terrell Academy Inc legitimate?

Terrell Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terrell 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,833,765

For more financial information, click here

What is the mission statement of Terrell Academy Inc?

Terrell Academy Inc's mission is centered around providing a top-notch education to around 300 students. This is accomplished through offering educational services ranging from preschool to high school. The academy is committed to ensuring that each child receives an excellent educational experience, making it a significant part of its mission statement.

Who is the CEO of Terrell Academy Inc?

William Murdock is the Director of Terrell Academy Inc.

What is the revenue of Terrell Academy Inc?

Terrell Academy Inc's revenue in 2023 was $4,069,003.

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

The average compensation at Terrell Academy Inc during 2023 was $23,815. There are 77 employees at Terrell Academy Inc.


Here are 6 key members and their salaries:


Robbie Faust (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Gilley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Peeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe West (Director/Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Murdock (Headmaster)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Terrell Academy Inc?

Terrell Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Terrell Academy Inc

Terrell Academy Inc, a nonprofit organization, is committed to providing a quality education to approximately 300 students. Their mission is clearly defined: to ensure that each student, from pre-school to high school, receives an exceptional educational experience. The academy offers a comprehensive curriculum encompassing pre-school, kindergarten, elementary, middle grades, and high school, all aimed at fostering academic excellence in its students. Terrell Academy Inc's mission is not just about imparting knowledge; it's about nurturing young minds to reach their full potential.

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Impact




July, 2024

Terrell Academy Inc's impact is profound as it provides approximately 300 students with a quality education ranging from pre-school to high school levels. By ensuring that children receive an excellent education, Terrell Academy positively influences the future prospects and potential of each student. Terrell Academy's commitment to offering educational services in Dawson, GA contributes to the overall development and success of the students in its care.




This information is meant to be a general summary of Terrell 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
$4,069,003 (2023)
Expenses
$2,829,966 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $61,062
  • Program Service Revenue: $3,316,624
  • Gross Receipts: $4,119,185

Assets and Liabilities:

  • Total Assets: $4,383,453
  • Total Liabilities: $8,547
  • Net Assets: $4,374,906

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Programs

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

TUITION & STUDENT ACTIVITIES

Revenue

$3,316,624

Organization Details

Principal Officer

William Murdock

Main Address

602 ACADEMY DRIVE SE, DAWSON, GA, 39842

NTEE Category

Code: B21Z - Education

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