Overview
What is Love & Grace Christian Academy Inc?
Love & Grace Christian Academy Inc is a nonprofit organization committed to supporting families. Their mission involves educating families through various programs, such as providing essentials like food and educational materials, as well as organizing informative seminars. The team, comprising officers, administration, staff, payroll, and taxes management services, collaboratively works towards achieving these objectives, contributing to the overall mission of the academy.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 29%
Love & Grace Christian Academy Inc has received a Zero-Star out of Four Star rating from Charity Navigator, primarily due to significant shortcomings in accountability and financial transparency. With an overall score of 29%, the organization lacks independent board members and has multiple missing policies related to conflict of interest, whistleblowing, and document retention. This suggests potential governance issues that could affect stakeholder trust.
Despite the low rating, the nonprofit demonstrated a 50.46% program expense ratio, indicating that just over half of its expenses are directed toward programs rather than administrative costs. However, this performance is still quite low compared to industry standards, which raises concerns about the effective utilization of funds. The organization has zero liabilities and maintains a solid liabilities to assets ratio of 8.30%, which is a positive aspect in terms of financial stability.
Overall, while Love & Grace Christian Academy Inc shows some signs of financial responsibility, the lack of independent governance and critical policies severely impacts its credibility and effectiveness. Stakeholders and potential donors may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Love & Grace Christian Academy Inc legitimate?
Love & Grace Christian Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love & Grace Christian 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: $51,816
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,599
For more financial information, click here
What is the mission statement of Love & Grace Christian Academy Inc?
Love and Grace Christian Academy's mission is centered around educating families. They achieve this through various programs, such as providing essential resources like food and educational supplies, as well as organizing informative seminars. The institution's officers, administration, staff, payroll, and taxes management team collaborate to ensure the successful implementation of these programs, contributing to the overall mission of the academy.
Who is the CEO of Love & Grace Christian Academy Inc?
Cleotha Griffith is the President of Love & Grace Christian Academy Inc.
What is the revenue of Love & Grace Christian Academy Inc?
Love & Grace Christian Academy Inc's revenue in 2022 was $477,438.
Who are the executives of Love & Grace Christian Academy Inc and what are their salaries?
The average compensation at Love & Grace Christian Academy Inc during 2022 was $13,602. There are 9 employees at Love & Grace Christian Academy Inc.
Here are 2 key members and their salaries:
- Compensation: $51,816
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Love & Grace Christian Academy Inc?
Love & Grace Christian Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Love & Grace Christian Academy Inc
Love & Grace Christian Academy, as an organization, is dedicated to educating families. They achieve this mission by implementing various programs. These programs encompass providing essential resources such as food and educational supplies to families. Furthermore, Love & Grace Christian Academy conducts educational seminars to enhance the knowledge and skills of the families they serve. The Academy's officers, administration, staff, payroll, and taxes management services collaborate to execute these programs effectively, contributing to the overall mission of the organization.
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Impact
July, 2024
Love & Grace Christian Academy Inc's impact is evident in its dedication to educating families in Decatur, GA through various programs aimed at providing food, educational supplies, and hosting educational seminars. By offering these resources and support services, the academy helps families enhance their educational opportunities and overall well-being. The collaborative efforts of the officers, administration, staff, and volunteers demonstrate a commitment to fulfilling the organization's mission of empowering families through education and support. This focus on education not only benefits the individuals directly involved but also contributes positively to the community as a whole.
This information is meant to be a general summary of Love & Grace Christian 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: $106
- Program Service Revenue: $245,990
- Gross Receipts: $477,438
Assets and Liabilities:
- Total Assets: $377,249
- Total Liabilities: $31,312
- Net Assets: $345,937
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAMILY CARE FEES
Revenue
$245,990
Organization Details
Founding Year
1994
Principal Officer
Cleotha Griffith
Main Address
4164 RAINBOW DR, DECATUR, GA, 30034
NTEE Category
Code: B20Z - Education
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