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Admiral Farragut 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: 593038365 ✦ St petersburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Admiral Farragut Academy Inc?

Admiral Farragut Academy Inc is a nonprofit organization located at 501 Park Street North, St. Petersburg, Florida (FL 33710). With a staff of 151 dedicated individuals, they provide education to students from kindergarten through 12th grade, preparing them for further education. Their mission is to foster academic excellence, leadership skills, and social development within a diverse community of young men and women. The Academy offers a college preparatory environment that promotes personal growth and academic success.


Official website here: www.farragut.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

Admiral Farragut Academy Inc has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. This score is derived solely from the Accountability & Finance category, where the organization scored 76%. The positive aspects highlighted include a fully independent board, strong audit and oversight practices, and a high program expense ratio, suggesting that a significant portion of funds is directed towards its programs.

However, there are notable weaknesses in the organization's governance practices. The absence of a whistleblower policy, document retention and destruction policy, and failure to post tax forms on the nonprofit's website were significant factors that contributed to a lower score in certain areas. Additionally, while the liabilities to assets ratio is reasonable, it received a lower score compared to other metrics.

Overall, while Admiral Farragut Academy demonstrates strong financial management and a commitment to its mission, addressing the identified governance shortcomings would enhance its accountability and potentially improve its rating in future assessments.


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

What do the Facebook reviews say about Admiral Farragut Academy Inc?

96% of 296 reviewers on Facebook recommend Admiral Farragut Academy Inc. Here is a summary of their reviews:

The sentiment towards the Academy is overwhelmingly positive, with many praising the quality of events like Hamil-Fest, where the Academy Color Guard showcased their skills. Reviewers noted how well the students represented the institution and highlighted the strong connections felt among alumni. A former graduate even expressed high regard for the Academy, reinforcing the sense of pride and community that surrounds it.

Overall, the strong recommendation rate suggests that the Academy effectively meets the expectations of its students and alumni, fostering a positive atmosphere that reflects well on its reputation and commitment to education.


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

Is Admiral Farragut Academy Inc legitimate?

Admiral Farragut Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Admiral Farragut 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: $365,722
Professional Fundraising Fees: $26,125
Other Salaries and Wages: $5,640,765

For more financial information, click here


Official website here: www.farragut.org

What is the mission statement of Admiral Farragut Academy Inc?

Admiral Farragut Academy Inc is dedicated to delivering a college preparatory education that fosters academic excellence, leadership skills, and social development. This commitment applies to a diverse community of young men and women. The Academy's mission is geared towards educating students from kindergarten to grade 12, preparing them for further education. By providing an environment conducive to academic achievement and personal growth, Admiral Farragut Academy Inc aims to enable its students to reach their full potential. Through this holistic approach to education, the Academy fosters well-rounded individuals who are equipped to succeed in their future endeavors.


Official website here: www.farragut.org

Who is the CEO of Admiral Farragut Academy Inc?

Tammy Willocks is the Headmaster F of Admiral Farragut Academy Inc.


Official website here: www.farragut.org

What is the revenue of Admiral Farragut Academy Inc?

Admiral Farragut Academy Inc's revenue in 2022 was $16,062,183.


Official website here: www.farragut.org

Who are the executives of Admiral Farragut Academy Inc and what are their salaries?

The average compensation at Admiral Farragut Academy Inc during 2022 was $39,778. There are 151 employees and 22 volunteers at Admiral Farragut Academy Inc.


Here are 14 key members and their salaries:


Adam Holden (Headmaster F)
  • Compensation: $204,020
  • Related: $0
  • Other: $12,313
Andy Aldi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holton Burns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark H Buzby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenna Damkoehler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Deseta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
E Garret Gummer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mirella James (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Kinemond (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lennox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Miles (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Patterson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Sokolowski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.farragut.org

Where can I find the form 990 for Admiral Farragut Academy Inc?

Admiral Farragut Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.farragut.org

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

Mission Statement of Admiral Farragut Academy Inc

Admiral Farragut Academy Inc is a non-profit organization dedicated to providing a college preparatory environment that fosters academic excellence, leadership skills, and social development among a diverse community of young men and women. The institution's mission is geared towards educating students from kindergarten through twelfth grade, preparing them for a higher level of education.

At Admiral Farragut Academy Inc, the focus is not just on academic achievement but also on nurturing future leaders and socially developing its students. The organization's commitment to academic excellence ensures that students receive a well-rounded education, preparing them for the rigors of higher learning. Moreover, the institution values and promotes diversity, creating an inclusive learning environment where students from various backgrounds thrive.

The organization's efforts extend beyond the classroom, with a strong emphasis on developing students' leadership skills. Through various programs and initiatives, Admiral Farragut Academy Inc encourages its students to step out of their comfort zones and take on leadership roles. By instilling a sense of responsibility and confidence, the academy prepares its students to become effective leaders in their communities and future careers.

In summary, Admiral Farragut Academy Inc is a vibrant learning community that strives to provide a college preparatory environment that not only emphasizes academic excellence but also nurtures future leaders and socially develops its diverse student body.

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Impact




October, 2024

Admiral Farragut Academy Inc significantly impacts students by fostering a college preparatory environment that emphasizes academic excellence, leadership skills, and social development. By educating young men and women from kindergarten through 12th grade, the Academy equips them with the essential tools and experiences needed for higher education.

Its focus on creating a diverse community enriches the educational experience, allowing students to learn from one another and develop essential interpersonal skills. The Academy cultivates leadership qualities that prepare students to navigate future challenges, promoting not only academic growth but also personal development. This holistic approach ensures that graduates are well-rounded individuals ready to excel in their future academic endeavors and contribute positively to their communities.




This information is meant to be a general summary of Admiral Farragut 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
$16,062,183 (2022)
Expenses
$15,518,873 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,219
  • Program Service Revenue: $14,285,424
  • Gross Receipts: $16,327,374

Assets and Liabilities:

  • Total Assets: $21,868,805
  • Total Liabilities: $16,352,044
  • Net Assets: $5,516,761

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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

$13,461,303

AUXILARY REVENUES

Revenue

$657,640

STUDENT ACTIVITIES & SERVICES

Revenue

$166,481

Organization Details

Founding Year

1991

Principal Officer

Tammy Willocks

Main Address

501 PARK STREET NORTH, ST PETERSBURG, FL, 337106743

NTEE Category

Code: B250 - Education

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