Overview
What is Concord Academy Inc?
Concord Academy Inc, located in Memphis, Tennessee, is a nonprofit organization that specializes in educating and guiding students from sixth to twelfth grade who have unique learning, social, and emotional needs. With a devoted workforce of 20 individuals, the academy encourages these students to strive for their personal best, providing them with an enriching and supportive learning environment. The organization's mission is deeply committed to fostering the academic and personal growth of its students, helping them navigate their educational journey with confidence and resilience.
Official website here: www.concord-academy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Concord Academy Inc has received a Three-Star rating from Charity Navigator, reflecting a solid overall score of 87%. The organization excels in Accountability & Finance with a score of 90%, indicating strong governance and responsible financial practices. Key strengths include a fully independent board and a high program expense ratio of 83.02%, suggesting that a significant portion of its budget is directed towards its programs.
However, the organization does face some limitations, particularly in its Culture & Community score, which stands at 10%. Notably, there are missing policies for whistleblower protection and document retention, which could impact its operational transparency. While the majority of board members are independent and the financial oversight is commendable, the absence of these policies may raise concerns about organizational culture.
Overall, while Concord Academy Inc demonstrates a commitment to financial accountability and has a strong governance structure, addressing the noted gaps in policies could enhance its organizational integrity and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Concord Academy Inc legitimate?
Concord Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord 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: $83,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $594,328
For more financial information, click here
Official website here: www.concord-academy.org
What is the mission statement of Concord Academy Inc?
Concord Academy Inc, serving students from sixth to twelfth grade, is dedicated to educating and guiding those with unique learning, social, and emotional needs. The institution challenges its students to strive for their personal best, aiming to foster their growth and development in a supportive environment. The mission of Concord Academy Inc is to provide an educational experience that caters to each student's individual needs, enabling them to reach their full potential.
Official website here: www.concord-academy.org
Who is the CEO of Concord Academy Inc?
Cece Palazola is the Executive Di of Concord Academy Inc.
Official website here: www.concord-academy.org
What is the revenue of Concord Academy Inc?
Concord Academy Inc's revenue in 2022 was $1,151,000.
Official website here: www.concord-academy.org
Who are the executives of Concord Academy Inc and what are their salaries?
The average compensation at Concord Academy Inc during 2022 was $33,894. There are 20 employees at Concord Academy Inc.
Here are 10 key members and their salaries:
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Official website here: www.concord-academy.org
Where can I find the form 990 for Concord Academy Inc?
Concord Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.concord-academy.org
Learn more at the official website: www.concord-academy.org
Mission Statement of Concord Academy Inc
Concord Academy Inc is dedicated to educating and guiding students in the sixth through twelfth grades who have unique learning, social, and emotional needs. The organization challenges these students to reach their personal best, helping them to overcome any obstacles they may face in their academic journey. By providing a supportive and inclusive environment, Concord Academy Inc empowers its students to develop their full potential and become well-rounded individuals. The mission of Concord Academy Inc is to provide a nurturing and challenging educational experience that caters to the specific needs of its students, enabling them to achieve their fullest potential and become confident, capable individuals.
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Impact
July, 2024
Concord Academy Inc is making a significant impact by providing specialized education and guidance to sixth through twelfth grade students with special learning, social, and emotional needs. Through their unique approach, students are empowered to reach their personal best and overcome challenges that may hinder their academic and personal growth. By focusing on individualized support and fostering a nurturing environment, Concord Academy Inc is helping students with special needs thrive and succeed in their educational journey. Their commitment to enhancing the lives of these students is evident in the positive outcomes they achieve.
This information is meant to be a general summary of Concord 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: -$1,001
- Program Service Revenue: $763,190
- Gross Receipts: $1,196,736
Assets and Liabilities:
- Total Assets: $617,282
- Total Liabilities: $156,238
- Net Assets: $461,044
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$716,875
MISCELLANEOUS INCOME
Revenue
$39,932
APPLICATION FEES
Revenue
$6,300
ADMINISTRATIVE FEES
Revenue
$83
Organization Details
Founding Year
1983
Principal Officer
Cece Palazola
Main Address
4942 WALNUT GROVE ROAD, MEMPHIS, TN, 38117
Website
www.concord-academy.orgNTEE Category
Code: B25 - Education
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