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Providence Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621564142 ✦ Johnson city, TN ✦ Designated as a 501(c)(3)

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Overview

What is Providence Academy?

Providence Academy is a not-for-profit educational institution located at 2788 Carroll Creek Road, Johnson City, Tennessee 37615. Its primary mission is to foster spiritual maturity and academic excellence in students from grades K-12, utilizing a biblically-based, Christ-centered, classical education approach. This method encourages students to think and live in a manner that brings glory to God. The academy operates with a dedicated workforce of 139 individuals, partnering closely with parents to achieve this noble goal.


Official website here: www.providenceacademy.com

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)**

Providence Academy has achieved an 81% rating on Charity Navigator, primarily reflecting its financial accountability and governance. The organization scores impressively on metrics such as having a fully independent board and maintaining a solid program expense ratio of 76.84%, indicating effective resource allocation towards its initiatives. However, there are some areas where the organization falls short, particularly in the scoring of financial statements, which received no points, suggesting a potential gap in transparency or reporting practices.

The charity holds a strong position in terms of fiscal health, with a low liabilities to assets ratio of 20.80%, denoting financial sustainability. They have also demonstrated commitment to various governance policies, including conflict of interest and whistleblower policies, which are crucial for maintaining trust and ethical practices. However, it's important to note that areas such as impact measurement and leadership adaptability have not been scored, which may provide a more comprehensive view of the organization’s effectiveness in achieving its mission.

Unfortunately, user reviews from GreatNonprofits are not available at this time, limiting insights into the lived experiences of those involved with or impacted by Providence Academy. Overall, while the organization shows strong financial indicators and governance practices, further information about its community impact and adaptability would be beneficial in fully assessing its effectiveness.


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

Is Providence Academy legitimate?

Providence Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Academy 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: $122,059
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,157,279

For more financial information, click here


Official website here: www.providenceacademy.com

What is the mission statement of Providence Academy?

Providence Academy's mission is centered around partnering with parents to equip students with spiritual maturity and academic excellence. This is achieved through a biblically-based, Christ-centered, classical education. The goal is for students to develop a way of thinking and living that brings glory to God. The educational institution aims to provide a not-for-profit learning environment for students from grades K-12.


Official website here: www.providenceacademy.com

Who is the CEO of Providence Academy?

Benjamin Holland is the Ex-Officio of Providence Academy.


Official website here: www.providenceacademy.com

What is the revenue of Providence Academy?

Providence Academy's revenue in 2022 was $10,009,761.


Official website here: www.providenceacademy.com

Who are the executives of Providence Academy and what are their salaries?

The average compensation at Providence Academy during 2022 was $23,592. There are 139 employees and 150 volunteers at Providence Academy.


Here are 11 key members and their salaries:


Morris Henard (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bj Smith (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earle Chute (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hecht (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Puhr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alisa Vancott (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Turbyfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rex Garrison (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jt Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Holland (Head Of School)
  • Compensation: $106,012
  • Related: $0
  • Other: $16,047


Official website here: www.providenceacademy.com

Where can I find the form 990 for Providence Academy?

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


Official website here: www.providenceacademy.com

Learn more at the official website: www.providenceacademy.com

Mission Statement of Providence Academy

Providence Academy, a non-profit educational institution, is committed to partnering with parents to foster spiritual maturity and academic excellence in its students. This is achieved through a biblically-based, Christ-centered, classical education. The academy's mission is to equip students with the intellectual tools and spiritual foundation that will enable them to think and live in a manner that brings glory to God. By providing education in grades K-12, Providence Academy aims to shape the next generation of individuals who are not only academically proficient but also grounded in their faith.

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Impact




July, 2024

Providence Academy partners with parents to equip students to develop spiritual maturity and achieve academic excellence through a biblically-based, Christ-centered, classical education. By focusing on both intellectual and spiritual growth, Providence Academy aims to nurture students who think and live in a manner that brings glory to God. This approach not only prepares students academically but also fosters a deep sense of purpose and values in their lives. The impact of Providence Academy thus extends beyond the traditional education system, shaping students into well-rounded individuals who are equipped to make a positive difference in the world.




This information is meant to be a general summary of Providence Academy. 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
$10,009,761 (2022)
Expenses
$6,365,442 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,260
  • Program Service Revenue: $4,970,814
  • Gross Receipts: $10,058,446

Assets and Liabilities:

  • Total Assets: $17,103,088
  • Total Liabilities: $5,918,234
  • Net Assets: $11,184,854

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Programs

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

TUITION & FEES

Revenue

$4,970,814

Organization Details

Founding Year

1994

Principal Officer

Benjamin Holland

Main Address

2788 CARROLL CREEK ROAD, JOHNSON CITY, TN, 37615

NTEE Category

Code: B20Z - Education

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