Overview
What is Striving For Excellence Academy Inc?
Striving For Excellence Academy Inc, situated in Jacksonville, Florida, is a nonprofit organization dedicated to the education of young individuals. With a team of qualified teachers and support staff, they ensure a safe learning environment and provide essential resources, including food and necessary supplies, for the children's education. The organization's mission is inclusive, aiming to offer educational opportunities to children of all backgrounds, regardless of race or creed. With a workforce of seven dedicated employees, Striving For Excellence Academy Inc is committed to fostering excellence in the lives of its students, contributing positively to their development and future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating. This score indicates that Striving For Excellence Academy Inc has met some important financial accountability standards but has room for improvement. The overall score is derived solely from the Accountability & Finance beacon, reflecting a focus on how well the organization manages its resources.
Strengths of the organization include a fully independent board, with all ten members meeting the criteria for independence. They also demonstrate effective governance practices, as evidenced by their documentation of board meeting minutes. The organization shows a healthy program expense ratio of 73.61%, indicating a significant portion of its budget is allocated towards programs rather than administrative costs.
However, the organization faces challenges with a liabilities to assets ratio of 55.48%, suggesting that it has a substantial amount of liabilities in relation to its assets. While there are no reported issues with material diversion of assets, the overall rating reflects a need for enhanced financial practices to achieve a higher rating on the Charity Navigator scale.
This AI summary has been generated from information found on Charity Navigator.
Is Striving For Excellence Academy Inc legitimate?
Striving For Excellence Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Striving For Excellence 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: $33,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,601
For more financial information, click here
What is the mission statement of Striving For Excellence Academy Inc?
Striving For Excellence Academy Inc's mission is centered around education, with a commitment to serving children regardless of their racial or religious backgrounds. The organization strives to offer quality education by providing competent teachers and support staff. Additionally, they ensure a secure learning environment and supply the essential necessities, such as food and educational materials, to facilitate effective learning for the children under their care.
Who is the CEO of Striving For Excellence Academy Inc?
Mildred Ivey is the President of Striving For Excellence Academy Inc.
What is the revenue of Striving For Excellence Academy Inc?
Striving For Excellence Academy Inc's revenue in 2022 was $46,791.
Who are the executives of Striving For Excellence Academy Inc and what are their salaries?
The average compensation at Striving For Excellence Academy Inc during 2022 was $13,405. There are 7 employees at Striving For Excellence Academy Inc.
There is 1 key member and their salary:
- Compensation: $33,231
- Related: $0
- Other: $0
Where can I find the form 990 for Striving For Excellence Academy Inc?
Striving For Excellence Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Striving For Excellence Academy Inc
Striving For Excellence Academy Inc is committed to a noble mission: to educate children of diverse backgrounds, irrespective of their race or creed. This mission is rooted in the organization's belief in the importance of education for all young people. To accomplish this, Striving For Excellence Academy Inc provides qualified teachers and support staff to ensure that the children receive a high-quality education. Moreover, the academy ensures a safe and conducive learning environment, and provides the necessary food and supplies to facilitate the educational process. In essence, Striving For Excellence Academy Inc is dedicated to providing young people with the tools and resources they need to succeed academically and personally, fostering an inclusive and equitable learning environment.
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Impact
August, 2024
Striving For Excellence Academy Inc's impact can be seen through the positive educational opportunities it provides for young people in JACKSONVILLE, FL. The organization works tirelessly to offer qualified teachers and support staff, creating a safe and nurturing environment for children to learn and grow. By ensuring that students have access to necessary resources such as food and supplies, Striving For Excellence Academy Inc is making a tangible difference in the lives of children from all backgrounds, fulfilling its mission to provide quality education regardless of race, creed, or color. Through its commitment to educational excellence, the organization is contributing to the overall well-being and future success of the community.
This information is meant to be a general summary of Striving For Excellence 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: $4
- Program Service Revenue: $46,787
- Gross Receipts: $46,791
Assets and Liabilities:
- Total Assets: $539,930
- Total Liabilities: $299,560
- Net Assets: $240,370
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEES
Revenue
$12,918
STEP UP FOR STUDENT
Revenue
$33,869
Organization Details
Founding Year
2013
Phone
(904) 365-3850Principal Officer
Mildred Ivey
Main Address
1718 EDGEWOOD AVE N, JACKSONVILLE, FL, 32254
NTEE Category
Code: P20 - Human services
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