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Palm Beach Day 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: 590873834 ✦ Palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Palm Beach Day Academy Inc?

The Palm Beach Day Academy Inc, located at 241 Seaview Avenue in Palm Beach, Florida (ZIP code 33480), is a nonprofit organization dedicated to providing primary education to approximately 558 students from pre-K to ninth grade. With a team of 154 employees, this institution focuses on academically challenging and compassionate learning environments that inspire students to achieve personal excellence in mind, body, and character. The mission of the Palm Beach Day Academy is to nurture each child's growth in a supportive and caring atmosphere.


Official website here: www.pbday.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Palm Beach Day Academy Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial management. The organization’s overall score is based solely on its accountability metrics, indicating a strong commitment to transparency and ethical governance. The majority of its board members are independent, and it has established robust policies including conflict of interest and whistleblower protections.

The financial performance of Palm Beach Day Academy Inc is also noteworthy, with a program expense ratio of 79.16%, suggesting that a significant portion of its budget is directed towards its programs rather than administrative costs. The organization has maintained a healthy liabilities to assets ratio of 22.30%, further underscoring its financial stability.

Overall, the data showcases an organization that prioritizes effective governance and financial stewardship, making it a reliable choice for potential donors and supporters. There are no significant limitations or concerns mentioned in the data, reinforcing the positive perception of the academy's operations.


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

What do the Facebook reviews say about Palm Beach Day Academy Inc?

96% of the 31 reviewers on Facebook recommend Palm Beach Day Academy. Here is a summary of their reviews:

Many parents express a strong sense of satisfaction with the quality of education and care their children receive at PBDA. One parent highlighted their child’s remarkable growth since starting at the school at a young age, appreciating the dedication and support of the educators. This positive sentiment suggests that the nonprofit excels in creating a nurturing and enriching environment for its students.

Overall, the reviews reflect a commendable level of trust and appreciation from families, showcasing the nonprofit’s effectiveness in fostering both academic and personal development among its students.


This AI summary has been generated from reviews found on Facebook.

Is Palm Beach Day Academy Inc legitimate?

Palm Beach Day Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Beach Day 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: $987,918
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,188,916

For more financial information, click here


Official website here: www.pbday.org

What is the mission statement of Palm Beach Day Academy Inc?

Palm Beach Day Academy Inc focuses on providing primary education for students from pre-kindergarten to ninth grade. The educational institution is committed to nurturing each child's academic growth in an environment that combines challenge and compassion. Their mission is to foster personal excellence in students, encompassing their minds, bodies, and characters. Instruction at the academy is accredited, catering to approximately 558 students, and aims to inspire and develop well-rounded individuals. The academic setting is designed to guide students towards reaching their full potential, ensuring they receive a solid educational foundation.


Official website here: www.pbday.org

Who is the CEO of Palm Beach Day Academy Inc?

Michael J Murphy is the President of Palm Beach Day Academy Inc.


Official website here: www.pbday.org

What is the revenue of Palm Beach Day Academy Inc?

Palm Beach Day Academy Inc's revenue in 2022 was $42,364,532.


Official website here: www.pbday.org

Who are the executives of Palm Beach Day Academy Inc and what are their salaries?

The average compensation at Palm Beach Day Academy Inc during 2022 was $53,096. There are 154 employees and 50 volunteers at Palm Beach Day Academy Inc.


Here are 18 key members and their salaries:


Grant Mashek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Alexander (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Vecellio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juliana Gendelman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Betten (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Forrest (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gochman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Kosoy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Rafferty (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Pfeifler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Savage (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Schumacher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maura Ziska Christu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Matthews (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fanning Hearon (Head Of School)
  • Compensation: $451,820
  • Related: $0
  • Other: $39,490
William J Coyle (Director Of Finance & Oper)
  • Compensation: $215,845
  • Related: $0
  • Other: $30,450
Sarah Kemeness (Head Of Upper Campus)
  • Compensation: $124,523
  • Related: $0
  • Other: $17,490
Martha Bjorklund (Head Of Lower School)
  • Compensation: $109,833
  • Related: $0
  • Other: $19,753


Official website here: www.pbday.org

Where can I find the form 990 for Palm Beach Day Academy Inc?

Palm Beach Day Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pbday.org

Learn more at the official website: www.pbday.org

Mission Statement of Palm Beach Day Academy Inc

Palm Beach Day Academy Inc is a primary educational institution committed to the academic growth and personal development of its students from pre-kindergarten through ninth grade. The academic foundation of this esteemed institution is rooted in an environment that challenges students both intellectually and compassionately, guiding each child towards achieving excellence in mind, body, and character.

In the heart of this learning community, Palm Beach Day Academy Inc offers instruction-accredited classroom instruction to approximately 558 students. This nurturing atmosphere fosters intellectual curiosity, encourages critical thinking, and instills essential values in young learners. By providing a rigorous academic program, the institution sets the stage for students to excel in their academic pursuits, paving the way for future success.

Palm Beach Day Academy Inc's mission extends beyond mere academics, as it prioritizes the overall well-being of its students. By offering a compassionate learning environment, the institution ensures that every child feels seen, heard, and valued. This approach not only contributes to stronger educational outcomes but also fosters a strong sense of self-worth and resilience in its students. Ultimately, the Palm Beach Day Academy's unwavering dedication to fostering personal excellence in its students sets them on a path to success, both academically and personally.

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Impact




October, 2024

Palm Beach Day Academy Inc significantly contributes to the educational landscape of its community by providing high-quality primary education for students from Pre-K through the ninth grade. With an enrollment of approximately 558 students, the academy emphasizes academically rigorous instruction within a nurturing environment.

The foundation of its program is centered on holistic education, ensuring that students are not only challenged intellectually but also guided towards personal excellence in their character and well-being. This comprehensive approach fosters critical thinking, resilience, and a strong moral compass in students, setting them up for future academic success and responsible citizenship.

Additionally, the academy's commitment to maintaining accredited classroom instruction in a supportive atmosphere equips students with the skills and confidence necessary to thrive in an increasingly complex world. Through its mission, Palm Beach Day Academy Inc impacts individual lives and the broader community by nurturing well-rounded individuals who are prepared for the challenges ahead.




This information is meant to be a general summary of Palm Beach Day 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
$42,364,532 (2022)
Expenses
$18,462,501 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $761,833
  • Program Service Revenue: $18,090,854
  • Gross Receipts: $42,273,963

Assets and Liabilities:

  • Total Assets: $59,588,306
  • Total Liabilities: $16,643,662
  • Net Assets: $42,944,644

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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

$16,863,461

AUXILIARY SERVICES

Revenue

$1,020,112

STUDENT ACTIVITIES

Revenue

$207,281

Organization Details

Founding Year

1975

Principal Officer

Michael J Murphy

Main Address

241 SEAVIEW AVENUE, PALM BEACH, FL, 33480

NTEE Category

Code: B24Z - Education

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