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Benton Academy

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

EIN: 640477238 ✦ Benton, MS ✦ Designated as a 501(c)(3)

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Overview

What is Benton Academy?

Benton Academy is a nonprofit organization situated in Benton, Mississippi. Its primary focus is on providing education from kindergarten to twelfth grade. The institution aims to foster spiritual, mental, and physical leadership skills in its students through both classroom and extracurricular activities. With a dedicated workforce of 83 employees, Benton Academy is committed to shaping well-rounded individuals who can lead effectively in various aspects of life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

Benton Academy has received a Two-Star rating from Charity Navigator, indicating an average performance in terms of accountability and finance. The organization scored 67% overall, reflecting strengths in several key areas, such as having a fully independent board and a solid liability to assets ratio. The program expense ratio also stands out at 100%, suggesting that all funds are directed towards its programs.

The independent board of directors consists of seven members, all of whom are fully independent, which is a positive indicator of governance. The organization has also documented its board meeting minutes, demonstrating a level of transparency in its operations. However, the overall score suggests there may be room for improvement in financial practices or program effectiveness.

While Benton Academy has several commendable features, the Two-Star rating implies that potential donors should carefully consider the organization's performance and effectiveness before contributing. Further analysis may be necessary to understand how the organization can enhance its financial accountability and overall impact within its community.


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

Is Benton Academy legitimate?

Benton Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benton 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,065,063

For more financial information, click here

What is the mission statement of Benton Academy?

Benton Academy's mission is centered around providing comprehensive education to students from Kindergarten to Twelfth grade. This encompasses spiritual, mental, and physical development, as well as leadership training. This is accomplished both within the classroom and through extra-curricular activities. The institution's purpose is to equip students with the necessary skills to lead effectively, fostering a holistic approach to learning and personal growth.

Who is the CEO of Benton Academy?

David Edge is the President of Benton Academy.

What is the revenue of Benton Academy?

Benton Academy's revenue in 2023 was $1,859,204.

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

The average compensation at Benton Academy during 2023 was $12,832. There are 83 employees at Benton Academy.


There is 1 key member and their salary:


David Edge (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Benton Academy?

Benton Academy's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Benton Academy

Benton Academy, an educational institution, is committed to the holistic development of its students from Kindergarten to Twelfth grade. The organization's mission is to equip students with spiritual, mental, and physical leadership skills, both within and beyond the classroom settings. Benton Academy provides a comprehensive educational experience, focusing on leadership training in addition to the standard curriculum. This commitment to leadership development is not limited to classroom interactions but extends to extra-curricular activities as well. The school's purpose is to nurture well-rounded individuals who are prepared to lead effectively in their personal and professional lives.

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Impact




July, 2024

Benton Academy plays a crucial role in providing K-12 education with a focus on spiritual, mental, and physical leadership training to students. Through classroom teachings and extra-curricular activities, Benton Academy aims to equip its students with the necessary skills and values to become successful leaders. Its impact can be seen in the students who graduate with a well-rounded education that prepares them for future challenges and opportunities.




This information is meant to be a general summary of Benton 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
$1,859,204 (2023)
Expenses
$1,976,366 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,756,518
  • Gross Receipts: $1,868,943

Assets and Liabilities:

  • Total Assets: $1,539,775
  • Total Liabilities: $738,244
  • Net Assets: $801,531

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Programs

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

TUITION FOR K THROUGH 12

Revenue

$1,486,752

CAFETERIA PROGRAM

Revenue

$136,921

ATHLETIC PROGRAMS

Revenue

$132,845

Organization Details

Principal Officer

David Edge

Main Address

PO BOX 308, BENTON, MS, 39039

NTEE Category

Code: B20 - Education

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