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Abeka 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: 593458436 ✦ Pensacola, FL ✦ Designated as a 501(c)(3)

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Overview

What is Abeka Academy Inc?

Abeka Academy Inc, located in Pensacola, Florida, is a nonprofit organization dedicated to providing quality Christian educational services to students across the United States. With a workforce of 208 employees, they offer various learning methods for kindergarten, elementary, and high school students. Their distant learning services include a correspondence school, where parents can teach their children at home using provided textbooks and complete curricula, as well as a video home school program. The video home school option offers parents the opportunity to instruct their children using videos of actual classes from Pensacola Christian Academy, with videos also available for schools as a substitute for classroom instructors. Abeka Academy's mission is to deliver comprehensive, traditional Christian educational principles to students nationwide.


Official website here: www.abekaacademy.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.

Abeka Academy Inc has achieved a Three-Star rating on Charity Navigator, primarily reflecting its strong performance in accountability and finance. With an overall score derived entirely from this single category, the nonprofit demonstrates a high level of transparency and governance, as evidenced by its independent board structure and adherence to financial oversight practices. The organization has an impressive ratio of program expenses, utilizing approximately 81% of its funds directly for its programs.

The strengths of Abeka Academy Inc include a majority of independent board members, which enhances its governance. The organization has been rated highly for various accountability measures, such as having a solid conflict of interest policy, a whistleblower policy, and regular documentation of board meeting minutes. These factors contribute to a perception of integrity and responsible financial management within the nonprofit.

Despite its strong accountability metrics, the summary does not indicate specific user feedback or programmatic impact, which can be essential for understanding the effectiveness of its educational services. While the financial practices are commendable, potential donors or supporters may desire further insight into the actual outcomes of the programs offered by Abeka Academy.


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

Is Abeka Academy Inc legitimate?

Abeka Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abeka 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: $8,048,835

For more financial information, click here


Official website here: www.abekaacademy.org

What is the mission statement of Abeka Academy Inc?

Abeka Academy Inc is committed to delivering quality Christian educational services to students across the United States. They offer various options for students, including distant learning services and a correspondence school for home education. Through their curriculum based on traditional Christian educational principles, they cater to students in kindergarten, elementary, and high school. The correspondence school provides textbooks and complete curricula for parents who wish to teach their children at home. Additionally, Abeka Academy offers video home school, where parents can use videos of actual classroom instruction to educate their children at home or as a supplement for schools.


Official website here: www.abekaacademy.org

Who is the CEO of Abeka Academy Inc?

Dr Troy Shoemaker is the President of Abeka Academy Inc.


Official website here: www.abekaacademy.org

What is the revenue of Abeka Academy Inc?

Abeka Academy Inc's revenue in 2022 was $124,172,250.


Official website here: www.abekaacademy.org

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

The average compensation at Abeka Academy Inc during 2022 was $38,696. There are 208 employees at Abeka Academy Inc.


Here are 7 key members and their salaries:


Dr Troy Shoemaker (President)
  • Compensation: $0
  • Related: $191,102
  • Other: $0
James Thompson Ii (Cfo)
  • Compensation: $0
  • Related: $118,820
  • Other: $0
Denise Shoemaker (Secretary)
  • Compensation: $0
  • Related: $107,572
  • Other: $0
Joshua Birx ()
  • Compensation: $106,097
  • Related: $0
  • Other: $0
Gettys Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abekaacademy.org

Where can I find the form 990 for Abeka Academy Inc?

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


Official website here: www.abekaacademy.org

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

Mission Statement of Abeka Academy Inc

Abeka Academy Inc, a prominent educational institution, is committed to delivering quality Christian educational services to students spread across the United States. The organization's primary objective is to provide an educational environment grounded in traditional Christian principles.

Through various learning modalities, Abeka Academy caters to the needs of students from kindergarten to high school. One of their services, a correspondence school, allows parents to educate their children at home using textbooks and complete curricula. Another offering, video home school, provides parents with access to videos of actual classes taking place at Pensacola Christian Academy, enabling them to school their children from the comfort of their homes. Additionally, schools can use these videos as a substitute for classroom instructors.

Abeka Academy's mission is geared towards empowering students with a solid educational foundation anchored in Christian values. By offering diverse learning methods, they cater to the various needs and preferences of families across the country, ensuring a high-quality educational experience for all.

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Impact




October, 2024

Abeka Academy Inc significantly impacts education by providing high-quality Christian educational services to students nationwide. Specializing in Kindergarten through high school, Abeka Academy offers a curriculum rooted in traditional Christian educational principles. Through its distant learning services, the organization equips parents with the tools to educate their children at home via fully developed curricula and textbooks.

One of the key features of Abeka Academy is its correspondence school, which empowers parents to take an active role in their children's education. This option is particularly valuable for families seeking to integrate their faith with learning in a structured environment. Furthermore, Abeka Academy enhances the homeschooling experience with its video home school service, delivering recorded classes from Pensacola Christian Academy directly to families. This allows students to experience live instruction and engage with the material more dynamically.

Additionally, the Academy provides video resources to schools looking to supplement classroom instruction, broadening the reach of its educational offerings. By combining traditional teaching methods with innovative technology, Abeka Academy is making quality Christian education accessible to diverse families across the United States, fostering community and supporting parents in their educational endeavors.




This information is meant to be a general summary of Abeka 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
$124,172,250 (2022)
Expenses
$134,479,828 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $286,276
  • Program Service Revenue: $123,844,395
  • Gross Receipts: $124,172,250

Assets and Liabilities:

  • Total Assets: $66,359,858
  • Total Liabilities: $111,601,844
  • Net Assets: -$45,241,986

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOOKS/VIDEOS

Revenue

$23,308,467

CONCESSIONS SALES

Revenue

$23,910,615

SERVICES

Revenue

$1,471,483

TUITION/ENROLLMENT

Revenue

$75,153,830

Organization Details

Founding Year

1997

Principal Officer

Dr Troy Shoemaker

Main Address

PO BOX 18000, PENSACOLA, FL, 32523

NTEE Category

Code: B90Z - Education

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