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Sarasota Military Academy Inc

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

EIN: 651149763 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Sarasota Military Academy Inc?

The Sarasota Military Academy (SMA) is a nonprofit organization in Florida, dedicated to shaping the future of young men and women. Their mission is to empower students to set distinct and confident goals for achieving success in a culturally diverse and interconnected world. SMA provides an educational environment that prepares students for various aspects of life, enabling them to become responsible citizens and leaders. Although specific activities or schedules are not mentioned in the given information, the Academy's primary focus remains on fostering personal growth and development for its students.


Official website here: www.sarasotamilitaryacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Sarasota Military Academy Inc has received a commendable Three-Star rating from Charity Navigator, highlighting its solid performance in accountability and finance. The organization boasts an impressive Accountability & Finance Score of 85, with 100% of its board members being independent. Additionally, it has received full marks in key areas such as audit quality, conflict of interest policy, and overall transparency with financial documents.

While the organization shows strengths in governance and financial management, it does face challenges, particularly concerning its liabilities. The liabilities to assets ratio of 93.05% indicates potential financial vulnerability. Furthermore, the Culture & Community Score of 75 suggests room for improvement in engaging with the community and fostering an inclusive environment.

Overall, Sarasota Military Academy Inc is recognized for its strong governance and financial practices, but it must address its financial ratios and enhance community engagement to strengthen its overall impact.


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

Is Sarasota Military Academy Inc legitimate?

Sarasota Military Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarasota Military 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: $557,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,944,331

For more financial information, click here


Official website here: www.sarasotamilitaryacademy.org

What is the mission statement of Sarasota Military Academy Inc?

The Sarasota Military Academy (SMA) is committed to shaping the future of its students, empowering them to set clear objectives for success in an increasingly diverse and interconnected world. The institution's primary goal is to graduate confident young men and women, capable of defining their unique paths to personal achievement. SMA fosters an environment that encourages the development of well-rounded individuals, preparing them for a multicultural and globalized society. Through its rigorous academic programs and military discipline, SMA instills essential life skills and character traits, enabling students to reach their full potential. By fostering a strong sense of purpose and determination, SMA lays the foundation for its students to make a positive impact on their communities and beyond.


Official website here: www.sarasotamilitaryacademy.org

Who is the CEO of Sarasota Military Academy Inc?

Dr Thomas Mcelheny is the Board Member of Sarasota Military Academy Inc. The CEO's salary of Sarasota Military Academy Inc is $136,675 and their total compensation is $154,034.


Official website here: www.sarasotamilitaryacademy.org

What is the revenue of Sarasota Military Academy Inc?

Sarasota Military Academy Inc's revenue in 2022 was $13,409,207.


Official website here: www.sarasotamilitaryacademy.org

Who are the executives of Sarasota Military Academy Inc and what are their salaries?

The average compensation at Sarasota Military Academy Inc during 2022 was $34,732. There are 216 employees and 45 volunteers at Sarasota Military Academy Inc.


Here are 14 key members and their salaries (Sarasota Military Academy Inc's CEO's salary is $136,675 and their total compensation is $154,034):


Dr Brian Crupi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Erica Gregory (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Linda Long (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Peter Skokos Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Richard Swoope (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jim Tollerton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Cindy West (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Col Ben Knisely (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Scott Lempe (Vice Chair/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Thomas J Mcelheny (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Christina Bowman (Ceo)
  • Compensation: $136,675
  • Related: $0
  • Other: $17,359
Stephen Kok (Director Of Finance)
  • Compensation: $118,816
  • Related: $0
  • Other: $23,013
Frederick Fout (Head Of School - Hs)
  • Compensation: $109,474
  • Related: $0
  • Other: $14,812
Tom Vara (Head Of School - Prep)
  • Compensation: $106,026
  • Related: $0
  • Other: $10,789


Official website here: www.sarasotamilitaryacademy.org

Where can I find the form 990 for Sarasota Military Academy Inc?

Sarasota Military Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sarasotamilitaryacademy.org

Learn more at the official website: www.sarasotamilitaryacademy.org

Mission Statement of Sarasota Military Academy Inc

Sarasota Military Academy, or SMA, is a dedicated institution with a mission to graduate young men and women who are equipped to set distinct and ambitious goals for success in a diverse and interconnected world. By fostering self-confidence and unique aspirations within its students, the Academy aims to prepare them for a future that is both multi-cultural and globalized.

In essence, Sarasota Military Academy empowers its students with the skills and determination required to define and pursue individualized paths to achievement. Through its rigorous and inclusive educational approach, the Academy fosters a strong sense of self-assurance and resilience, enabling its graduates to thrive in an increasingly complex and interconnected world.

Moreover, Sarasota Military Academy strives to provide its students with the necessary tools to navigate the complexities of a globalized society. By promoting a multi-cultural perspective, the Academy prepares its students to engage with individuals from diverse backgrounds, fostering a deeper understanding and appreciation for the rich tapestry of human experiences.

Therefore, the Sarasota Military Academy's mission reflects its commitment to delivering a well-rounded educational experience, empowering its students to confidently set personal goals and forge a successful path in a rapidly evolving world.

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Impact




October, 2024

Sarasota Military Academy Inc significantly impacts the local community and beyond by empowering young men and women to define and pursue their personal and unique goals for success. Through its structured educational environment, the academy fosters leadership, discipline, and resilience, preparing students for the challenges of a multi-cultural and globalized world.

The academy's focus on developing well-rounded individuals not only enhances academic performance but also cultivates a sense of civic responsibility and teamwork among students. By emphasizing these values, Sarasota Military Academy contributes to producing capable and confident graduates who are better equipped to navigate and contribute to an increasingly diverse society. This approach not only benefits the students but also enriches the broader community, promoting a culture of understanding and collaboration across various backgrounds.




This information is meant to be a general summary of Sarasota Military 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.

Revenue
$13,409,207 (2022)
Expenses
$13,349,800 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $143
  • Program Service Revenue: $13,187,356
  • Gross Receipts: $13,409,207

Assets and Liabilities:

  • Total Assets: $20,925,288
  • Total Liabilities: $19,342,901
  • Net Assets: $1,582,387

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Programs

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

SCHOOL REVENUE

Revenue

$13,187,356

Organization Details

Founding Year

2002

Principal Officer

Dr Thomas Mcelheny

Main Address

801 NORTH ORANGE AVENUE, SARASOTA, FL, 34236

NTEE Category

Code: B29 - Education

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