Overview
What is Pinecrest Academy Inc?
Pinecrest Academy Inc is a charter school operator based in Miami, Florida, with locations in Miami-Dade, Orange, and Lake Counties. Established to provide education for students from pre-kindergarten to twelfth grade, the academy had approximately 10,201 students enrolled during fiscal year 2022. Committed to individual instruction in a nurturing environment, Pinecrest Academy ensures college and career success for its students through rigorous, relevant, and relationship-driven approaches. With a workforce of 1,504 employees, the academy operates as a charter school in various Florida counties.
Official website here: www.pinecrestacademyschools.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Pinecrest Academy Inc has achieved an overall rating of 81%, reflecting a strong performance in Accountability & Finance. This score is based entirely on their financial practices and governance, which indicate a solid commitment to transparency. The organization boasts a fully independent board and has demonstrated thorough oversight through its audit committee, earning maximum points in these areas.
The nonprofit shows robust financial health, with a program expense ratio of 89.54%, indicating that the majority of funds are directed towards its programs. Their financial statements are accessible, and the presence of various policies such as conflict of interest and whistleblower protections further enhances their credibility. However, while the organization appears well-managed, there could be room for improvement in diversifying its funding sources or expanding its outreach.
Overall, Pinecrest Academy Inc stands out for its strong governance and financial responsibility, but additional information about its program impact and community engagement would provide a more comprehensive view of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Pinecrest Academy Inc legitimate?
Pinecrest Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pinecrest 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: $42,271,798
For more financial information, click here
Official website here: www.pinecrestacademyschools.org
What is the mission statement of Pinecrest Academy Inc?
Pinecrest Academy Inc is committed to operating charter schools in Miami-Dade, Orange, and Lake Counties, Florida. Their mission is to provide individual instruction in a nurturing environment, ensuring college and career success for students. They accomplish this through the use of rigor, relevance, and relationships, empowering students to become future global leaders. The academy caters to students from pre-kindergarten to twelfth grade, with approximately 10,200 students enrolled during the fiscal year ended June 30, 2022.
Official website here: www.pinecrestacademyschools.org
Who is the CEO of Pinecrest Academy Inc?
Carlos Alvarez is the President, Chairman, & Dir of Pinecrest Academy Inc.
Official website here: www.pinecrestacademyschools.org
What is the revenue of Pinecrest Academy Inc?
Pinecrest Academy Inc's revenue in 2022 was $104,129,218.
Official website here: www.pinecrestacademyschools.org
Who are the executives of Pinecrest Academy Inc and what are their salaries?
The average compensation at Pinecrest Academy Inc during 2022 was $28,106. There are 1504 employees and 2351 volunteers at Pinecrest Academy Inc.
Here are 19 key members and their salaries:
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- Compensation: $100,775
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Official website here: www.pinecrestacademyschools.org
Where can I find the form 990 for Pinecrest Academy Inc?
Pinecrest Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pinecrestacademyschools.org
Learn more at the official website: www.pinecrestacademyschools.org
Mission Statement of Pinecrest Academy Inc
Pinecrest Academy Inc, a prominent charter school operator in Miami-Dade, Orange, and Lake Counties, Florida, is dedicated to providing individualized instruction in a nurturing environment. With a mission to ensure college and career success, this institution employs rigor, relevance, and relationships to empower students to become tomorrow's global leaders.
Established as a charter school operator, Pinecrest Academy Inc offers education to children from pre-kindergarten through twelfth grade. In the last fiscal year, approximately 10,201 students were enrolled in the institution. The organization's commitment to individualized learning enables it to cater to each student's unique needs, fostering an academic environment that encourages growth and development.
Pinecrest Academy Inc's approach to education emphasizes rigor, ensuring that students are challenged academically. Relevance is another crucial component, as the curriculum is tailored to address the needs of the modern world, preparing students for the future. Furthermore, the institution places great importance on relationships, recognizing that strong connections between students, teachers, and the community contribute to a positive learning experience. By combining these elements, Pinecrest Academy Inc sets out to develop well-rounded, successful individuals who are prepared to make a difference in the world.
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Impact
October, 2024
Pinecrest Academy Inc. significantly impacts the educational landscape in Miami-Dade and Orange Counties, Florida, by operating a network of charter schools that cater to students from Pre-Kindergarten through 12th grade. With an enrollment of approximately 10,201 students for the fiscal year ending June 30, 2022, Pinecrest Academy provides individualized instruction tailored to nurture each child's unique learning needs.
The academy’s approach is built around the principles of rigor, relevance, and relationships, which collectively empower students to thrive academically while preparing them for college and career success. This commitment to fostering a supportive learning environment not only enhances student engagement but also equips them to become future global leaders. By emphasizing personal growth and intellectual development, Pinecrest Academy plays a crucial role in shaping the next generation, influencing both their local communities and the broader society.
This information is meant to be a general summary of Pinecrest 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.
- Investment Income: $28,289
- Program Service Revenue: $10,887,643
- Gross Receipts: $104,129,218
Assets and Liabilities:
- Total Assets: $196,713,238
- Total Liabilities: $150,303,791
- Net Assets: $46,409,447
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFTER CARE
Revenue
$4,102,519
COMMUNITY SERVICES FEES
Revenue
$2,843,689
PRE-K FEES
Revenue
$1,796,249
FOOD SERVICES FEES
Revenue
$1,329,814
OPERATION OF PLANT
Revenue
$364,724
Organization Details
Founding Year
2003
Phone
(305) 669-2906Principal Officer
Carlos Alvarez
Main Address
6340 SUNSET DRIVE, MIAMI, FL, 33143
NTEE Category
Code: B29 - Education
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