Overview
What is Mach Academy Inc?
Mach Academy Inc, situated in Augusta, Georgia, is a nonprofit organization that focuses on empowering disadvantaged youth and low-income families through various programs. Their primary initiative lies in promoting tennis, fitness, and a healthy lifestyle, catering to children aged eight to eighteen. Their program is inclusive and prioritizes children from disadvantaged backgrounds. Beyond physical development, Mach Academy encourages holistic growth, fostering mental, emotional, and spiritual well-being in its participants. They instill values such as persistence, confidence, self-sufficiency, and a sense of achievement through their leagues, clinics, and tournaments. Additionally, Mach Academy has a broader mission to contribute to community development by providing life skills, education, technology, and homeownership opportunities to its demographic.
Official website here: www.machacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Mach Academy Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is derived entirely from their accountability measures, showcasing a commendable commitment to transparency and financial responsibility. The organization excels in several areas, including having an independent board comprised of 85% independent members and no material diversion of assets.
While the organization demonstrates strong financial health with a program expense ratio of 81.78%, there are notable policy gaps. Specifically, Mach Academy Inc lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which were all marked as missing. These deficiencies could impact the overall governance and risk management practices of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Mach Academy Inc legitimate?
Mach Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mach 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: $54,038
For more financial information, click here
Official website here: www.machacademy.com
What is the mission statement of Mach Academy Inc?
Mach Academy Inc's mission is centered around providing life skills and community development to disadvantaged inner-city youth and low to moderate income families. This is achieved through education, technology, homeownership, and recreational experiences. The organization's junior tennis development program, catering to children from eight to eighteen, encourages holistic growth, focusing on physical fitness, positive lifestyle choices, and healthy competition. The aim is to instill confidence, self-sufficiency, and a sense of achievement, helping these children develop into well-rounded individuals capable of sustaining themselves for a lifetime.
Official website here: www.machacademy.com
Who is the CEO of Mach Academy Inc?
Michael Harden is the Trustee of Mach Academy Inc. The CEO's salary of Mach Academy Inc is $0 and their total compensation is $0.
Official website here: www.machacademy.com
What is the revenue of Mach Academy Inc?
Mach Academy Inc's revenue in 2022 was $498,624.
Official website here: www.machacademy.com
Who are the executives of Mach Academy Inc and what are their salaries?
The average compensation at Mach Academy Inc during 2022 was $27,019. There are 2 employees and 12 volunteers at Mach Academy Inc.
Here are 7 key members and their salaries (Mach Academy Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.machacademy.com
Where can I find the form 990 for Mach Academy Inc?
Mach Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.machacademy.com
Learn more at the official website: www.machacademy.com
Mission Statement of Mach Academy Inc
Mach Academy, Inc, a mission-driven organization, is committed to uplifting inner city, disadvantaged youth and low to moderate income families through education, technology, homeownership, and recreational experiences. Their primary objective is to provide life skills and community development, focusing on these underserved demographics. The junior tennis development program, a significant part of their mission, targets children between eight and eighteen years old. Mach Academy encourages holistic growth in these children, fostering development in their mental, physical, and emotional well-being. The program promotes healthy lifestyle choices, instilling confidence and a sense of achievement in the participants. Through tennis leagues, clinics, and tournaments, Mach Academy equips its young participants with skills that can sustain them for a lifetime, teaching them about persistence, self-sufficiency, and positive competition.
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Impact
July, 2024
Mach Academy Inc's impact is focused on providing life skills and community development opportunities to inner city, disadvantaged youth, and low to moderate income families in Augusta, GA. Through their tennis, fitness, and healthy lifestyle programs, Mach Academy helps children aged eight to eighteen develop physically, mentally, and emotionally. By promoting healthy lifestyle choices, physical fitness, and positive competition, Mach Academy instills confidence, self-sufficiency, persistence, and a sense of achievement in their participants. Through their various programs, Mach Academy enables children to develop skills that will benefit them for a lifetime. Their mission is to empower youth to become healthy and successful members of society through education, technology, homeownership, and recreational experiences.
This information is meant to be a general summary of Mach 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: $1,312
- Program Service Revenue: $128,850
- Gross Receipts: $498,624
Assets and Liabilities:
- Total Assets: $587,624
- Total Liabilities: $148,366
- Net Assets: $439,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue - Fit
Revenue
$71,497
Program Revenue - RE
Revenue
$57,353
Organization Details
Founding Year
1992
Principal Officer
Michael Harden
Main Address
1850 Chester Avenue, Augusta, GA, 30906
Website
www.machacademy.comNTEE Category
Code: N66Z - Recreation
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