Overview
What is The Enrichment Institute?
The Enrichment Institute, operating under the name Ashley Academy, is a nonprofit organization situated in Johnson City, Tennessee. With a commitment to diversity and safety, its primary goal is to offer children engaging and intellectually stimulating learning experiences. Emphasizing values such as respect, responsibility, integrity, and a passion for learning, this institution strives to cultivate a nurturing environment that fosters personal growth and development. The Enrichment Institute currently employs 39 individuals to carry out its mission.
Official website here: www.ashleyacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 62%)
The Enrichment Institute has received a two-star rating from Charity Navigator, indicating a need for improvement in various aspects of its operations. With an overall score of 62%, the organization shows strength in its governance, as evidenced by having a fully independent board and solid conflict of interest and whistleblower policies. However, significant shortcomings are highlighted in financial transparency and management practices.
Despite an impressive program expense ratio of 82.47%, which reflects a strong commitment to programmatic spending, the organization lacks adequate financial statement documentation and has a high liabilities to assets ratio of 82.02%. These factors contributed to a low score in financial accountability, underscoring a need for better financial oversight and reporting.
In summary, while The Enrichment Institute demonstrates strong governance practices, the lack of financial transparency and documentation limits its overall effectiveness. Addressing these weaknesses could enhance its credibility and operational efficiency, ultimately benefiting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Enrichment Institute legitimate?
The Enrichment Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Enrichment Institute 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: $92,271
Professional Fundraising Fees: $0
Other Salaries and Wages: $820,207
For more financial information, click here
Official website here: www.ashleyacademy.com
What is the mission statement of The Enrichment Institute?
The Enrichment Institute's mission is centered around offering children distinct and intellectually stimulating learning experiences in a nurturing, secure, and culturally diverse setting. To accomplish this objective, the school community emphasizes values such as respect, responsibility, integrity, and the fostering of a love for learning. The institute strives to create an environment that encourages growth and development in its students while promoting these core values.
Official website here: www.ashleyacademy.com
Who is the CEO of The Enrichment Institute?
Keith Mccoy is the Headmaster of The Enrichment Institute.
Official website here: www.ashleyacademy.com
What is the revenue of The Enrichment Institute?
The Enrichment Institute's revenue in 2022 was $1,294,238.
Official website here: www.ashleyacademy.com
Who are the executives of The Enrichment Institute and what are their salaries?
The average compensation at The Enrichment Institute during 2022 was $23,397. There are 39 employees at The Enrichment Institute.
Here are 9 key members and their salaries:
- Compensation: $80,400
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Official website here: www.ashleyacademy.com
Where can I find the form 990 for The Enrichment Institute?
The Enrichment Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ashleyacademy.com
Learn more at the official website: www.ashleyacademy.com
Mission Statement of The Enrichment Institute
The Enrichment Institute, a renowned institution, is dedicated to offering children distinctive and intellectually stimulating learning experiences in an environment that is both nurturing and safe. Nestled within a culturally diverse community, this institution places a strong emphasis on fostering values such as respect, responsibility, integrity, and the unwavering love for learning among its students. Through this mission, The Enrichment Institute aspires to provide children with opportunities that challenge them, thereby cultivating their intellectual growth and personal development. The school community at The Enrichment Institute is committed to creating an atmosphere that supports and encourages students to embrace their unique potential, fostering a lifelong passion for learning and personal growth.
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Impact
July, 2024
The Enrichment Institute's impact is significant in providing children with unique and challenging learning opportunities within a nurturing, safe, and culturally diverse school environment. Through emphasizing values such as respect, responsibility, integrity, and a love of learning, the institute is shaping the next generation to be well-rounded individuals who are prepared to thrive in a diverse world. This approach not only benefits the students directly involved but also contributes to creating a more inclusive and knowledgeable society overall.
This information is meant to be a general summary of The Enrichment Institute. 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: $391
- Program Service Revenue: $1,190,602
- Gross Receipts: $1,294,238
Assets and Liabilities:
- Total Assets: $546,182
- Total Liabilities: $46,765
- Net Assets: $499,417
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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
$969,419
Child Care Services
Revenue
$128,920
Other Student Services (uniform, yearbook, lunch)
Revenue
$88,663
Organization Details
Founding Year
1983
Phone
(423) 929-7888Principal Officer
Keith Mccoy
Main Address
2615 S Roan Street, Johnson CIty, TN, 37601
Website
www.ashleyacademy.comNTEE Category
Code: B24Z - Education
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