Overview
What is Trinity Home'scool Depot Inc?
Trinity Home'scool Depot Inc, operating as Hearts Academy of Excellence, is a nonprofit organization situated in Powder Springs, Georgia. Their primary mission is to support homeschooled families by offering tutorial classes, field trips, and activities in a nurturing, faith-based environment. The organization provides a comprehensive learning experience, focusing on individualized education for students, aiming to maximize parental involvement. In addition, they offer financial aid in the form of scholarships to qualifying students, with an allocation of approximately $38,612 for 10 students in the 2022-2023 academic year. The organization's dedicated team consists of 26 employees, working tirelessly to fulfill their mission.
Official website here: www.heartsacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Trinity Home'scool Depot Inc Dba Hearts Academy Of Excellence has received a One-Star rating from Charity Navigator, reflecting an accountability and finance score of only 58%. This score is derived entirely from the accountability and finance beacon, indicating significant weaknesses in governance and financial transparency. The assessment for the most recent fiscal year (FY2021) highlights notable areas of concern, particularly regarding board independence and lack of essential financial statements.
One key strength mentioned is the organization’s program expense ratio of 80.02%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. However, the organization lacks majority independent board members and has not provided financial statements, which raises concerns about governance practices. The absence of a whistleblower policy and document retention policies further exacerbates the issue of accountability.
Overall, while Hearts Academy Of Excellence does invest heavily in its programs, the One-Star rating signals serious deficiencies in financial oversight and transparency. Prospective donors should weigh these factors carefully before contributing, as governance practices appear to need significant improvement to enhance organizational effectiveness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Home'scool Depot Inc legitimate?
Trinity Home'scool Depot Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Home'scool Depot 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: $44,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $306,009
For more financial information, click here
Official website here: www.heartsacademy.org
What is the mission statement of Trinity Home'scool Depot Inc?
Trinity Home'scool Depot Inc, operating under the name Hearts Academy of Excellence, is committed to supporting homeschooled families. Its mission is to equip parents and students with tutorial classes, support groups, resources, and enrichment programs. The goal is to maximize parental involvement and provide a comprehensive, individualized learning experience, leading to each student's educational success, regardless of their economic circumstances, in a nurturing, Christian environment. The organization offers field trips and weekly activities to enrich the learning experience.
Official website here: www.heartsacademy.org
What is the revenue of Trinity Home'scool Depot Inc?
Trinity Home'scool Depot Inc's revenue in 2023 was $821,544.
Official website here: www.heartsacademy.org
Who are the executives of Trinity Home'scool Depot Inc and what are their salaries?
The average compensation at Trinity Home'scool Depot Inc during 2023 was $14,603. There are 24 employees and 15 volunteers at Trinity Home'scool Depot Inc.
Here are 13 key members and their salaries:
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Official website here: www.heartsacademy.org
Where can I find the form 990 for Trinity Home'scool Depot Inc?
Trinity Home'scool Depot Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.heartsacademy.org
Learn more at the official website: www.heartsacademy.org
Mission Statement of Trinity Home'scool Depot Inc
Trinity Home'scool Depot Inc, operating under the name Hearts Academy of Excellence, is dedicated to supporting homeschooled families. Their mission is twofold: firstly, they aim to equip families, community members, parents, and students with essential tutorial classes, support groups, resources, and enrichment programs. This approach encourages active parental involvement and provides a comprehensive, individualized learning experience for each student, irrespective of their economic circumstances.
Secondly, the organization strives to maximize the educational success of each student. By offering a variety of support services, including tutorial classes, resources, and enrichment programs, Hearts Academy of Excellence ensures that homeschooled students have the tools they need to thrive academically. This commitment to educational success is a testament to the organization's belief in the importance of a well-rounded education for all students, regardless of their learning environment. In summary, Trinity Home'scool Depot Inc, operating as Hearts Academy of Excellence, is an invaluable resource for homeschooled families, providing tutorial classes, resources, and support to help students succeed.
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Impact
July, 2024
Trinity Home'scool Depot Inc Dba Hearts Academy Of Excellence has a profound impact on homeschooled families in Powder Springs, GA, by providing essential tutorial classes, support groups, resources, and enrichment programs. Their mission is to equip families, parents, and students with the necessary tools for educational success in a Christ-filled environment. The organization goes beyond just academics by offering field trips, activities, and scholarships to ensure that all students have access to quality education regardless of their economic circumstances. Through their dedicated efforts, Hearts Academy of Excellence plays a vital role in maximizing parental involvement and facilitating a comprehensive, individualized learning experience for each student.
This information is meant to be a general summary of Trinity Home'scool Depot 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 2023.
- Investment Income: $39
- Program Service Revenue: $808,376
- Gross Receipts: $848,867
Assets and Liabilities:
- Total Assets: $223,792
- Total Liabilities: $24,089
- Net Assets: $199,703
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND TESTING IN
Revenue
$667,879
SPORT AND SUMMER CAMP
Revenue
$79,365
OTHER
Revenue
$61,132
Organization Details
Founding Year
2005
Principal Officer
Kealei Castle
Website
www.heartsacademy.orgNTEE Category
Code: X99 - Religion related
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