Overview
What is Edgewood Academy Inc?
Edgewood Academy Inc, located in Elmore, Alabama, is a nonprofit organization dedicated to providing a comprehensive college preparatory education to students from kindergarten through 12th grade. With a strong focus on safety and support, the academy aims to prepare its students for a future of lifelong learning and productive citizenship. The institution employs a total of 49 individuals, ensuring a nurturing environment for its students as they embark on their academic journey.
Official website here: www.edgewoodacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
Edgewood Academy Inc has received a two-star rating from Charity Navigator, indicating areas that require attention. The organization boasts a strong accountability and finance score of 100%, highlighting its commitment to governance and operational integrity. Significant strengths include a fully independent board and compliance with conflict of interest and document retention policies.
However, the organization falls short in transparency, as it has not provided financial statements or posted its tax form on its website. This lack of accessible financial documentation raises concerns about fiscal accountability. Additionally, the absence of a whistleblower policy is a notable limitation that could impact trust and safety within the organization.
While the program expense ratio is commendable at 81.33%, suggesting that a significant portion of funds is directed towards programs, the high liabilities to assets ratio of 96.83% raises questions about financial health. Overall, while Edgewood Academy Inc demonstrates strong governance, there are critical areas for improvement in transparency and financial accessibility.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Edgewood Academy Inc?
92% of 18 reviewers on Facebook recommend Edgewood Academy Inc. Here is a summary of their reviews:
Many users express their satisfaction with the school, highlighting it as a wonderful place for students. Parents appreciate being a part of the Edgewood family, indicating a strong sense of community and support within the institution. Overall, there is a consensus that Edgewood Academy provides a positive educational experience for its students.
This AI summary has been generated from reviews found on Facebook.
Is Edgewood Academy Inc legitimate?
Edgewood Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgewood 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: $212,776
Professional Fundraising Fees: $0
Other Salaries and Wages: $794,933
For more financial information, click here
Official website here: www.edgewoodacademy.org
What is the mission statement of Edgewood Academy Inc?
Edgewood Academy Inc. is committed to providing a comprehensive college-preparatory education to its students in a secure and supportive environment. This educational approach aims to prepare students for a future of lifelong learning and productive citizenship. The academy's mission is to foster an atmosphere that encourages the growth of its students, enabling them to successfully navigate their academic journey and contribute positively to society in the long term. Edgewood Academy Inc. offers its educational services from kindergarten to grade 12, focusing on providing a well-rounded educational experience to its students.
Official website here: www.edgewoodacademy.org
Who is the CEO of Edgewood Academy Inc?
Susan Barner is the Principal Officer of Edgewood Academy Inc.
Official website here: www.edgewoodacademy.org
What is the revenue of Edgewood Academy Inc?
Edgewood Academy Inc's revenue in 2023 was $1,984,539.
Official website here: www.edgewoodacademy.org
Who are the executives of Edgewood Academy Inc and what are their salaries?
The average compensation at Edgewood Academy Inc during 2023 was $20,565. There are 49 employees at Edgewood Academy Inc.
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Official website here: www.edgewoodacademy.org
Where can I find the form 990 for Edgewood Academy Inc?
Edgewood Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.edgewoodacademy.org
Learn more at the official website: www.edgewoodacademy.org
Mission Statement of Edgewood Academy Inc
Edgewood Academy, a comprehensive college preparatory school, is committed to providing a safe and supportive environment for its students. This esteemed institution's mission is to equip its pupils with the necessary tools for a future of lifelong learning and productive citizenship. By offering a college-preparatory curriculum from kindergarten through twelfth grade, Edgewood Academy aims to foster an environment where students can grow both academically and personally, preparing them for success in their future endeavors.
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Impact
July, 2024
Edgewood Academy Inc's impact lies in providing students with a comprehensive college preparatory education in a safe and supportive environment. By preparing students for a future of lifelong learning and productive citizenship, this educational institution in Elmore, Alabama plays a vital role in shaping the minds and skills of young individuals from kindergarten through grade 12. Edgewood Academy's mission to offer a quality education towards college readiness contributes significantly to the development of capable and knowledgeable citizens who are well-prepared for the challenges of higher education and beyond.
This information is meant to be a general summary of Edgewood 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 2023.
- Program Service Revenue: $1,922,539
- Gross Receipts: $1,984,539
Assets and Liabilities:
- Total Assets: $1,067,780
- Total Liabilities: $1,033,980
- Net Assets: $33,800
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION /ACADEMIC FEES
Revenue
$1,404,142
ATHLETIC INCOME
Revenue
$360,458
AUXILIARY SERVICES
Revenue
$125,508
CHILDCARE
Revenue
$32,431
Organization Details
Founding Year
1967
Phone
(334) 567-5102Principal Officer
Susan Barner
Main Address
PO BOX 160, ELMORE, AL, 36025
Website
www.edgewoodacademy.orgNTEE Category
Code: B20 - Education
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