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Micanopy 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: 593760561 ✦ Micanopy, FL ✦ Designated as a 501(c)(3)

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Overview

What is Micanopy Academy Inc?

Micanopy Academy Inc is a nonprofit educational institution situated in Micanopy, Florida. With a postal address at P.O. Box 109, the school caters to middle school students, serving an average of 89 students annually. The primary objective of the academy is to provide a nurturing, community-centric learning environment. This is achieved through an integrated, performance-based curriculum, which stimulates and motivates students in a smaller school setting. The school is dedicated to fostering the success of each student, utilizing differentiated instruction methods to cater to individual learning needs and ensure their academic and personal growth. The academy is staffed by 13 dedicated employees.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Stars

Micanopy Academy Inc has received a Two-Star rating from Charity Navigator, indicating a score of 65%. This score primarily reflects the organization's performance in Accountability & Finance. The charity excels in several areas, including having a fully independent board with all members meeting the criteria for independence and effective oversight of financial statements, which demonstrates a strong governance structure.

However, the organization faces challenges, particularly regarding its financial ratios. While it has a relatively high program expense ratio of 64.84%, indicating that a substantial portion of funds is directed towards its programs, the liabilities to assets ratio stands at 115.93%, suggesting potential financial strain. This can raise concerns about the long-term sustainability of the organization. Overall, while Micanopy Academy's governance is strong, its financial challenges may warrant closer scrutiny from potential donors.


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

Is Micanopy Academy Inc legitimate?

Micanopy Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Micanopy 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: $428,079

For more financial information, click here

What is the mission statement of Micanopy Academy Inc?

Micanopy Academy Inc's mission is centered around providing a community-oriented educational environment for middle school students. This environment aims to stimulate and motivate learning through performance-based methods. The school's mission extends to teaching all students to their fullest potential, utilizing differentiated instruction to ensure their success in both academics and life. The main focus of Micanopy Academy Inc is to offer a rigorous, comprehensive, and integrated curriculum within a small school setting.

Who is the CEO of Micanopy Academy Inc?

Tara Lowe-Phillips is the President of Micanopy Academy Inc.

What is the revenue of Micanopy Academy Inc?

Micanopy Academy Inc's revenue in 2022 was $692,679.

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

The average compensation at Micanopy Academy Inc during 2022 was $32,929. There are 13 employees and 1 volunteer at Micanopy Academy Inc.


Here are 3 key members and their salaries:


Brandy Haney (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Bowden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Rush (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Micanopy Academy Inc?

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

Mission Statement of Micanopy Academy Inc

Micanopy Academy Inc, a middle school institution, is committed to creating a learning environment that fosters community engagement and motivates students. The school's mission is to educate its students to the best of its abilities, employing differentiated instruction methods to cater to individual learning needs and ensure success in both academic and personal spheres. By providing a rigorous, comprehensive, and integrated curriculum in a small school setting, Micanopy Academy Inc aims to stimulate and engage its students, ultimately fostering their growth and development.

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Impact




July, 2024

Micanopy Academy Inc's impact lies in providing a community-oriented educational environment that stimulates and motivates middle school students to learn through a performance-based approach. With an average annual enrollment of 89 students in grades 6-12, the school offers a rigorous, rich, and integrated curriculum within a small school setting. Their mission focuses on teaching all students to the best of their abilities through differentiated instruction, aiming to not only excel academically but also prepare for success in life. Micanopy Academy Inc's commitment to education is reflected in its dedication to providing a supportive and engaging learning environment for its students.




This information is meant to be a general summary of Micanopy 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
$692,679 (2022)
Expenses
$681,280 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $608,046
  • Gross Receipts: $692,679

Assets and Liabilities:

  • Total Assets: $786,645
  • Total Liabilities: $746,380
  • Net Assets: $40,265

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Programs

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

Capital Outlay

Revenue

$57,696

Florida Lead

Revenue

$1,850

FTE

Revenue

$473,271

Class Size Reduction

Revenue

$75,229

Organization Details

Founding Year

2001

Principal Officer

Tara Lowe-Phillips

Main Address

P O Box 109, Micanopy, FL, 32667

NTEE Category

Code: B29 - Education

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