Overview
What is Midland Classical Academy?
Midland Classical Academy is a nonprofit educational institution situated in Midland, Texas. With an address at 5711 Whitman DR, this organization is committed to providing academic education for students from grades K-12. Approximately 597 students are enrolled, and the institution ensures compliance with all mandatory courses. Furthermore, Midland Classical Academy goes beyond traditional education by offering extracurricular activities, including sports. The organization's operations are primarily funded by income, which is utilized for acquiring and paying for education supplies, staffing costs for teachers, and maintaining facilities. The team at Midland Classical Academy currently consists of 119 dedicated employees.
Official website here: www.mcaknights.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 77%, Three-Star out of Four Star rating.
Midland Classical Academy has achieved a Three-Star rating due to its strong performance in accountability and finance, scoring 77%. The organization demonstrates a commitment to transparency with 100% of its board members being independent and a solid program expense ratio of 85.07%, indicating that the majority of its funds are directed towards its programs.
However, there are areas for improvement noted in the evaluation. The absence of a whistleblower policy and a document retention and destruction policy reflects a gap in governance practices. Despite these limitations, the academy’s overall financial responsibility and accountability measures suggest a strong foundation for its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Midland Classical Academy legitimate?
Midland Classical Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland Classical 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: $397,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,681,941
For more financial information, click here
Official website here: www.mcaknights.org
What is the mission statement of Midland Classical Academy?
Midland Classical Academy, serving approximately 597 students from grades K-12, is dedicated to providing academic education. The organization delves into all mandated courses, ensuring a comprehensive learning experience for its students. In addition to academics, Midland Classical Academy also offers a sports program as an extra-curricular activity. The institution utilizes all its income for procuring educational supplies, funding staff costs associated with educating students, and supporting extra-curricular activities.
Official website here: www.mcaknights.org
Who is the CEO of Midland Classical Academy?
Luke Dunn is the Trustee of Midland Classical Academy.
Official website here: www.mcaknights.org
What is the revenue of Midland Classical Academy?
Midland Classical Academy's revenue in 2022 was $6,083,761.
Official website here: www.mcaknights.org
Who are the executives of Midland Classical Academy and what are their salaries?
The average compensation at Midland Classical Academy during 2022 was $17,475. There are 119 employees and 310 volunteers at Midland Classical Academy.
Here are 15 key members and their salaries:
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- Compensation: $70,783
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- Other: $23,184
- Compensation: $57,576
- Related: $0
- Other: $22,788
Official website here: www.mcaknights.org
Where can I find the form 990 for Midland Classical Academy?
Midland Classical Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcaknights.org
Learn more at the official website: www.mcaknights.org
Mission Statement of Midland Classical Academy
Midland Classical Academy, an educational institution, is dedicated to providing academic education for students from grades K-12. With approximately 597 students enrolled, the academy ensures that all mandated courses are taught, and beyond that, offers sports as an extra-curricular activity. The organization's primary goal is to utilize all income received for obtaining and paying for education supplies, covering the costs of staff to educate students in various courses, and financing extra-curricular activities. In essence, Midland Classical Academy is committed to providing a comprehensive educational experience for its students, fostering both academic growth and physical development.
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Impact
July, 2024
Midland Classical Academy has a significant impact on the community by providing academic education to approximately 597 students in grades K-12. The organization ensures that all mandated courses are taught and also offers a variety of extracurricular activities, including sports. By dedicating all income towards education supplies, facilities, staff costs, and student activities, Midland Classical Academy plays a crucial role in preparing students for their future endeavors. The academy's commitment to offering a well-rounded education contributes positively to the development of young minds in Midland, Texas.
This information is meant to be a general summary of Midland Classical 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 2022.
- Investment Income: $23,303
- Program Service Revenue: $3,583,773
- Gross Receipts: $6,110,998
Assets and Liabilities:
- Total Assets: $11,925,469
- Total Liabilities: $0
- Net Assets: $11,925,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT TUITION
Revenue
$3,076,940
CURRICULUM FEES
Revenue
$163,408
RETREATS, FIELD TRIPS & OTHER TRIPS
Revenue
$86,281
ATHLETIC FEES & CLINICS
Revenue
$150,207
STUDENT APPLICATION FEES
Revenue
$20,585
Organization Details
Founding Year
1998
Phone
(432) 694-0995Principal Officer
Luke Dunn
Main Address
5711 WHITMAN DR, MIDLAND, TX, 79705
Website
www.mcaknights.orgNTEE Category
Code: B99Z - Education
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