Overview
What is American Academy Of Achievement?
The American Academy of Achievement is a renowned nonprofit organization situated in Washington D.C. Its primary objective is to inspire young individuals with aspirations for remarkable achievements, envisioning a world brimming with opportunities. The Academy accomplishes this mission by showcasing the life stories and accomplishments of distinguished international achievers, aspiring that today's youth will also strive for excellence in their chosen field and contribute positively to the world. One of their significant activities is the Achievement Summit, which honors notable achievers from various fields and offers an interactive platform for them to engage with talented college and graduate students. The Summit, provided free of charge, features insightful dialogues, symposia, and roundtable discussions on contemporary issues. Furthermore, the Academy organizes events to honor its inductees and fosters principles of excellence and leadership throughout the year.
Official website here: www.achievement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
The American Academy of Achievement has achieved a Three-Star rating from Charity Navigator, reflecting a strong score of 89% in the Accountability & Finance category. This rating indicates that the organization demonstrates a high level of accountability, with 66% of its board members being independent, and it adheres to rigorous standards in financial oversight, including the presence of an audit and oversight committee.
Strengths of the organization include a low material diversion of assets, complete transparency with their documents, and strong financial ratios, such as an impressive program expense ratio of 88.79%. The organization also has no loans to or from officers, which enhances its credibility. Additionally, the whistleblower and conflict of interest policies are well established, further supporting its ethical governance.
However, while the overall financial health is commendable, the liabilities to assets ratio of 47.02% suggests that there may be some level of financial risk that could be monitored. Despite this, the organization maintains a solid working capital ratio and fundraising efficiency, positioning it well for sustainable operations.
This AI summary has been generated from information found on Charity Navigator.
Is American Academy Of Achievement legitimate?
American Academy Of Achievement is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Academy Of Achievement 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.achievement.org
What is the mission statement of American Academy Of Achievement?
The American Academy of Achievement's mission is to inspire youth with new aspirations for achievement, recognizing the vast opportunities available in the world. To fulfill this purpose, the academy showcases the achievements and life stories of distinguished international figures. Their primary activity has historically been the organization of an Achievement Summit, which honors prominent achievers in various fields and provides a platform for them to engage with promising young scholars. During this event, these young scholars engage in meaningful dialogues with contemporary leaders, discussing issues of the day in symposia and roundtable discussions. The summit is offered free of charge to the delegates. Additionally, the academy brings leaders from various fields together throughout the year, holds special events to honor academy inductees, and promotes principles of excellence and leadership.
Official website here: www.achievement.org
Who is the CEO of American Academy Of Achievement?
Wayne Reynolds is the President/Chairman of American Academy Of Achievement.
Official website here: www.achievement.org
What is the revenue of American Academy Of Achievement?
American Academy Of Achievement's revenue in 2022 was $1,722,356.
Official website here: www.achievement.org
Who are the executives of American Academy Of Achievement and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $672,394
- Other: $112,058
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Official website here: www.achievement.org
Where can I find the form 990 for American Academy Of Achievement?
American Academy Of Achievement's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.achievement.org
Learn more at the official website: www.achievement.org
Mission Statement of American Academy Of Achievement
The American Academy of Achievement's mission is centered around inspiring youth with aspirations for achievement in a world of endless opportunities. By showcasing the life stories and accomplishments of prominent international achievers, the Academy aims to motivate today's youth to strive for excellence in their chosen field and contribute positively to the world.
To achieve this purpose, the Academy organizes an Achievement Summit, an event honoring distinguished achievers across various domains such as business, public service, literature, science, exploration, sports, and the arts. This summit serves as a platform for these exceptional individuals to engage with ambitious college and graduate students, as well as promising young entrepreneurs from around the globe. During this multi-day event, these promising young scholars have the opportunity to engage in meaningful dialogue with contemporary leaders, participate in symposia, and join roundtable discussions on topics of global importance. The Academy ensures that participation in the summit is complimentary for the delegates.
In addition to the Achievement Summit, the American Academy of Achievement brings together leaders from various sectors throughout the year. The organization also organizes special events to honor its inductees and promotes the principles of excellence and leadership. Overall, the American Academy of Achievement seeks to inspire and motivate young individuals by providing them with the opportunity to learn from and interact with successful leaders, in the hope that they will also strive for greatness in their chosen fields.
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Impact
July, 2024
The American Academy of Achievement has a significant impact on inspiring youth to aim for excellence and make meaningful contributions to society in their chosen fields. Through activities like the Achievement Summit, which honors outstanding achievers across various disciplines, the Academy provides a platform for young scholars to engage with contemporary leaders and visionaries. By promoting principles of excellence and leadership, the Academy fosters a culture of ambition and innovation among the next generation of leaders.
This information is meant to be a general summary of American Academy Of Achievement. 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: $1,695
- Gross Receipts: $1,722,356
Assets and Liabilities:
- Total Assets: $4,842,829
- Total Liabilities: $2,062,916
- Net Assets: $2,779,913
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Organization Details
Founding Year
1961
Phone
(202) 887-0000Principal Officer
Wayne Reynolds
Main Address
1222 SIXTEENTH STREET NW, WASHINGTON, DC, 200363202
Website
www.achievement.orgNTEE Category
Code: B99Z - Education
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