Overview
What is Madison-Ridgeland Academy?
Madison-Ridgeland Academy (MRA) is a private, co-educational institution situated in Madison, Mississippi, along Old Canton Road. The school caters to students from kindergarten through twelfth grade, providing them with comprehensive educational opportunities as a college preparatory institution.
Official website here: www.mrapats.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Madison-Ridgeland Academy has received a Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This rating primarily stems from its Accountability & Finance metrics, where the organization scores well in several key areas such as having a fully independent board and strong financial oversight. The high program expense ratio of 86.13% indicates that a significant portion of its resources is directed towards its mission-related activities.
Despite the solid financial performance, there are notable limitations in organizational policies. The absence of a conflict of interest policy and a whistleblower policy, alongside missing document retention protocols, raises questions about governance practices. Furthermore, the failure to post tax forms on the nonprofit's website suggests a lack of transparency that could impact stakeholder trust.
Overall, while Madison-Ridgeland Academy demonstrates strong financial accountability and effective management of resources, addressing the gaps in governance policies would enhance its credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Madison-Ridgeland Academy legitimate?
Madison-Ridgeland Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison-Ridgeland 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: $231,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,616,413
For more financial information, click here
Official website here: www.mrapats.org
What is the mission statement of Madison-Ridgeland Academy?
Madison-Ridgeland Academy is a private, co-educational institution dedicated to providing quality education from kindergarten to twelfth grade. Situated in Mississippi, this college preparatory school offers comprehensive educational opportunities for students. The mission at Madison-Ridgeland Academy is to prepare students for higher learning and future success. They aim to foster a learning environment that encourages growth, both academically and personally, to help students reach their full potential. The school offers a well-rounded curriculum, ensuring students receive a solid foundation in various subjects, while also providing opportunities for extracurricular activities and community involvement. The passionate educators at Madison-Ridgeland Academy are committed to nurturing well-rounded individuals, equipped with the knowledge and skills necessary to succeed in their future endeavors.
Official website here: www.mrapats.org
Who is the CEO of Madison-Ridgeland Academy?
Termie Land is the Head Of Scho of Madison-Ridgeland Academy.
Official website here: www.mrapats.org
What is the revenue of Madison-Ridgeland Academy?
Madison-Ridgeland Academy's revenue in 2023 was $21,236,224.
Official website here: www.mrapats.org
Who are the executives of Madison-Ridgeland Academy and what are their salaries?
The average compensation at Madison-Ridgeland Academy during 2023 was $26,570. There are 333 employees at Madison-Ridgeland Academy.
Here are 18 key members and their salaries:
- Compensation: $231,546
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- Other: $10,226
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Official website here: www.mrapats.org
Where can I find the form 990 for Madison-Ridgeland Academy?
Madison-Ridgeland Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mrapats.org
Learn more at the official website: www.mrapats.org
Mission Statement of Madison-Ridgeland Academy
Madison-Ridgeland Academy, a private co-educational institution, dedicates itself to providing quality college preparatory education to students from grades K-3 through 12. Situated in Mississippi, this esteemed academic institution offers a comprehensive educational experience that sets the foundation for students' future academic and personal growth.
The mission of Madison-Ridgeland Academy is two-fold. First, it aims to foster intellectual curiosity and academic achievement for its students. By offering a rigorous curriculum, the academy equips its students with the necessary skills and knowledge to excel in their studies and prepare for higher education. Moreover, the academy's dedicated educators nurture a love for learning in each student, enabling them to develop into well-rounded individuals.
Second, Madison-Ridgeland Academy strives to create a supportive and inclusive learning environment. Its commitment to co-education allows both boys and girls to learn from each other and build strong relationships. These experiences promote respect, understanding, and empathy among students, cultivating essential social skills. Additionally, the academy offers opportunities for students to explore their interests and talents through various extracurricular activities. This holistic approach to education ensures that students receive a well-rounded education, preparing them for success beyond the classroom.
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Impact
October, 2024
Madison-Ridgeland Academy (MRA) has a significant impact on the educational landscape of Madison, Mississippi, by providing a robust college preparatory curriculum for students from kindergarten through 12th grade. As a private, co-educational institution, MRA fosters a supportive learning environment that promotes academic excellence and character development.
The school engages students with diverse educational opportunities, ensuring they are well-prepared for higher education and future careers. By focusing on a comprehensive curriculum and personalized learning experiences, MRA not only enhances the intellectual capabilities of its students but also instills essential values that contribute to their overall growth.
Additionally, MRA serves as a vital community hub, bringing together families and fostering connections among students, educators, and the broader Madison community. Through various programs and extracurricular activities, the academy cultivates a sense of belonging and encourages student engagement, ultimately shaping well-rounded individuals who are ready to make meaningful contributions to society.
This information is meant to be a general summary of Madison-Ridgeland 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $68,403
- Program Service Revenue: $16,014,738
- Gross Receipts: $21,358,265
Assets and Liabilities:
- Total Assets: $33,345,098
- Total Liabilities: $9,332,903
- Net Assets: $24,012,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION/REGISTRATION
Revenue
$14,043,954
MISCELLANEOUS
Revenue
$1,066,658
ATHLETIC EVENTS
Revenue
$904,126
Organization Details
Founding Year
1969
Phone
(601) 856-4455Principal Officer
Termie Land
Main Address
7601 OLD CANTON ROAD, MADISON, MS, 39110
Website
www.mrapats.orgNTEE Category
Code: B24Z - Education
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