Overview
What is Discovery Academy Of Lake Alfred?
Discovery Academy of Lake Alfred is a nonprofit institution located at 1000 N Buena Vista Drive, Lake Alfred, Florida, with a ZIP code of 33850. The school caters to students in grades six through eight and is committed to providing innovative, based learning experiences. Their mission focuses on enhancing academic achievement by fostering superior communication skills, character training, and appreciation for diversity. They are dedicated to actively engaging all individuals in a quality learning experience, empowering them to value themselves and grow into responsible, productive citizens in a changing world. The organization employs 213 people.
Official website here: www.discoveryacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Discovery Academy Of Lake Alfred has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial management. The rating reflects a strong performance in various financial and governance metrics, particularly with an impressive 91.79% program expense ratio, which suggests that a significant portion of their funds is directed towards programs rather than administrative costs.
The organization boasts a fully independent board with no material diversion of assets, showcasing a commitment to ethical governance and transparency. While they score well in several areas including financial oversight and having a conflict of interest policy, they do lack a whistleblower policy, which may be seen as a potential area for improvement in their accountability practices.
Despite some limitations, such as a less favorable liabilities to assets ratio, the overall score highlights the organization's dedication to maintaining a strong financial posture. This rating serves as a positive indicator for potential donors and stakeholders, reflecting that Discovery Academy Of Lake Alfred is working effectively to fulfill its mission while ensuring proper governance.
This AI summary has been generated from information found on Charity Navigator.
Is Discovery Academy Of Lake Alfred legitimate?
Discovery Academy Of Lake Alfred is a legitimate nonprofit organization registered as a 501(c)(3) entity. Discovery Academy Of Lake Alfred 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: $4,412,812
For more financial information, click here
Official website here: www.discoveryacademy.org
What is the mission statement of Discovery Academy Of Lake Alfred?
The Discovery Academy is committed to engaging all students in a high-quality learning experience. This dedication aims to empower individuals to value themselves and develop into responsible, productive citizens in a constantly evolving world. The academic achievement of students is enhanced through superior communication skills, character training, and an appreciation for diversity. The school provides an innovative learning environment for students in grades six through eight, preparing them to be lifetime learners.
Official website here: www.discoveryacademy.org
Who is the CEO of Discovery Academy Of Lake Alfred?
Carol Fulks is the President of Discovery Academy Of Lake Alfred.
Official website here: www.discoveryacademy.org
What is the revenue of Discovery Academy Of Lake Alfred?
Discovery Academy Of Lake Alfred's revenue in 2022 was $12,163,581.
Official website here: www.discoveryacademy.org
Who are the executives of Discovery Academy Of Lake Alfred and what are their salaries?
The average compensation at Discovery Academy Of Lake Alfred during 2022 was $20,717. There are 213 employees and 200 volunteers at Discovery Academy Of Lake Alfred.
Here are 8 key members and their salaries:
- Compensation: $170,998
- Related: $0
- Other: $0
- Compensation: $127,614
- Related: $0
- Other: $0
- Compensation: $117,539
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.discoveryacademy.org
Where can I find the form 990 for Discovery Academy Of Lake Alfred?
Discovery Academy Of Lake Alfred's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.discoveryacademy.org
Learn more at the official website: www.discoveryacademy.org
Mission Statement of Discovery Academy Of Lake Alfred
Discovery Academy of Lake Alfred is a committed educational institution that actively engages individuals in high-quality learning experiences. By fostering an environment that values self-worth, this sixth through eighth grade school aims to cultivate responsible, productive citizens in a constantly evolving world. The mission of Discovery Academy goes beyond mere academic achievement; it strives to equip students with superior communication skills and character training, as well as an appreciation for diversity. In essence, the school's focus is on shaping well-rounded students who are prepared to be lifelong learners.
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Impact
October, 2024
Discovery Academy of Lake Alfred significantly impacts its community by providing an innovative learning environment for students in grades six through eight. The school is committed to engaging all individuals in quality educational experiences that foster self-worth and responsibility. By emphasizing the importance of superior communication skills, character development, and an appreciation for diversity, Discovery Academy prepares students to be lifelong learners and productive citizens in an ever-changing world. This holistic approach not only enhances academic achievement but also equips students with the skills and values necessary to thrive in society, making a lasting difference in their lives and the broader community.
This information is meant to be a general summary of Discovery Academy Of Lake Alfred. 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.
- Program Service Revenue: $7,072,654
- Gross Receipts: $12,163,581
Assets and Liabilities:
- Total Assets: $33,228,157
- Total Liabilities: $34,400,380
- Net Assets: -$1,172,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$7,072,654
Organization Details
Founding Year
2001
Phone
(863) 295-5955Principal Officer
Carol Fulks
Main Address
1000 N BUENA VISTA DRIVE, LAKE ALFRED, FL, 33850
Website
www.discoveryacademy.orgNTEE Category
Code: B29 - Education
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