Overview
What is Sylva-Bay Academy Inc?
Sylva-Bay Academy Inc, a nonprofit institution based in Bay Springs, Mississippi, provides private education to students from 3-year-old kindergarten to grade 12. The academy stands out for its innovative curriculum, incorporating relevant technology and creative teaching methods, which are regularly assessed and adapted to cater to each student's unique needs. The school's mission is to foster lifelong learners, responsible citizens, and productive members of society. This is accomplished through a dedicated and caring staff, challenging academic programs, rigorous athletics, and a variety of extracurricular activities. The academy boasts a total of 43 employees, committed to cultivating each student's potential.
Official website here: www.sylvabayacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that Sylva-Bay Academy Inc has room for improvement in its overall accountability and financial practices. Despite the two-star rating, it demonstrates commendable transparency, boasting 100% independent board members and no material diversion of assets.
The organization excels in several areas, including a high program expense ratio of 82.60%, suggesting that a significant portion of its funding is directed towards its programs. Additionally, it has effective governance structures, as evidenced by its independent board size and the availability of meeting minutes. These strengths indicate a commitment to maintaining a sound operational framework.
However, the organization has notable limitations, particularly the absence of a whistleblower policy and a document retention and destruction policy, which could impact its accountability and transparency further. Addressing these gaps could enhance its rating and provide greater confidence to stakeholders regarding its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Sylva-Bay Academy Inc legitimate?
Sylva-Bay Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sylva-Bay 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: $663,993
For more financial information, click here
Official website here: www.sylvabayacademy.com
What is the mission statement of Sylva-Bay Academy Inc?
Sylva-Bay Academy Inc. aims to foster lifelong learners, responsible citizens, and productive members of society by employing an innovative curriculum, relevant technology, and creative methodology. This approach is continuously evaluated and modified to cater to each student's unique needs. The school, along with its related stakeholders, works diligently to cultivate each student's potential with a well-qualified and caring staff, a challenging curriculum, strenuous athletics, and a wide array of extra-curricular activities. The ultimate goal is to prepare students to thrive in various aspects of life.
Official website here: www.sylvabayacademy.com
Who is the CEO of Sylva-Bay Academy Inc?
Maury Hull is the Director of Sylva-Bay Academy Inc.
Official website here: www.sylvabayacademy.com
What is the revenue of Sylva-Bay Academy Inc?
Sylva-Bay Academy Inc's revenue in 2022 was $1,628,325.
Official website here: www.sylvabayacademy.com
Who are the executives of Sylva-Bay Academy Inc and what are their salaries?
The average compensation at Sylva-Bay Academy Inc during 2022 was $15,442. There are 43 employees and 20 volunteers at Sylva-Bay Academy Inc.
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Official website here: www.sylvabayacademy.com
Where can I find the form 990 for Sylva-Bay Academy Inc?
Sylva-Bay Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sylvabayacademy.com
Learn more at the official website: www.sylvabayacademy.com
Mission Statement of Sylva-Bay Academy Inc
Sylva-Bay Academy Inc, a reputable educational institution, is committed to preparing its students to become lifelong learners, responsible citizens, and productive members of society. They achieve this by employing an innovative curriculum, relevant technology, and creative methodology. This approach is regularly evaluated and modified to cater to the unique needs of each student. The school and its stakeholders work together to nurture each student's potential, providing them with a well-qualified and caring staff, a challenging curriculum, strenuous and competitive athletics, and a variety of extracurricular activities. By doing so, Sylva-Bay Academy Inc aims to foster an environment that encourages personal growth, responsibility, and active participation in society.
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Impact
July, 2024
Sylva-Bay Academy Inc's impact lies in preparing students to become lifelong learners, responsible citizens, and productive members of society. By utilizing an innovative curriculum, relevant technology, and creative methodology tailored to meet the needs of each student, this private school in Bay Springs, MS cultivates the potential of its students. With a well-qualified and caring staff, challenging curriculum, strenuous athletics, and a variety of extracurricular activities, Sylva-Bay Academy is shaping the future leaders of tomorrow.
This information is meant to be a general summary of Sylva-Bay 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 2022.
- Program Service Revenue: $1,369,264
- Gross Receipts: $1,628,325
Assets and Liabilities:
- Total Assets: $1,645,817
- Total Liabilities: $182,679
- Net Assets: $1,463,138
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$712,129
STUDENT ACTIVITIES
Revenue
$165,627
CAFETERIA/SNACKBAR
Revenue
$139,015
CAPITAL IMPROVEMENTS
Revenue
$67,985
BOOK AND ACTIVITY FEES
Revenue
$64,813
Organization Details
Founding Year
1972
Phone
(601) 764-2157Principal Officer
Maury Hull
Main Address
P O DRAWER J, BAY SPRINGS, MS, 39422
Website
www.sylvabayacademy.comNTEE Category
Code: B20 - Education
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