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Draw 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: 760680496 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Draw Academy Inc?

Draw Academy Inc, situated in Houston, Texas, is a public elementary and middle school catering to students from pre-kindergarten (3 years old) up to eighth grade. As a Texas Education Agency open enrollment charter school, Draw Academy provides an educational environment for its students. With a team of 99 dedicated individuals, this nonprofit organization adheres to the mission of serving its student body, fostering a nurturing and enriching learning experience.


Official website here: www.drawacademy.org

What are the reviews and ratings of this charity?

Charity Navigator has rated Draw Academy Inc with an 81%, which corresponds to a Three-Star out of Four Star rating. This score is derived solely from its Accountability & Finance category, reflecting a strong emphasis on financial integrity and governance. The charity boasts complete independence on its board and adheres to robust financial oversight measures, although it lacks a whistleblower policy and has not posted its recent tax form on its website.

The organization excels in maintaining appropriate board governance and financial management, with no reported diversions of assets and a commendable program expense ratio that indicates effective allocation of resources toward its mission. However, the limitations noted in its rating could impact perceptions of its overall transparency and accountability.

User reviews from GreatNonprofits could not be fetched, which limits insights into community sentiment and individual experiences with the organization. Thus, while the financial aspects appear sound, a comprehensive view of its operational impact and community engagement remains unavailable.


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

Is Draw Academy Inc legitimate?

Draw Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Draw 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: $117,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,032,976

For more financial information, click here


Official website here: www.drawacademy.org

What is the mission statement of Draw Academy Inc?

Draw Academy Inc, as a Texas Education Agency open enrollment charter school, serves students from pre-kindergarten (age 3) to eighth grade. Its mission, in essence, is to function as a public elementary and middle school, providing education to these students. However, the mission goes beyond just being a school. Draw Academy is committed to offering these students a comprehensive educational experience, serving as a learning environment where they can grow and develop. The school's mission is not explicitly stated, but it can be inferred from its role as a charter school, which typically aims to offer innovative and high-quality educational programs. The school does not disclose a specific mission statement focusing on academic achievements, personal growth, or community involvement, but these aspects can be assumed from its role as a public school.


Official website here: www.drawacademy.org

Who is the CEO of Draw Academy Inc?

Fernando Donatti is the Ceo/Superintend of Draw Academy Inc. The CEO's salary of Draw Academy Inc is $117,880 and their total compensation is $117,880.


Official website here: www.drawacademy.org

What is the revenue of Draw Academy Inc?

Draw Academy Inc's revenue in 2022 was $10,027,350.


Official website here: www.drawacademy.org

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

The average compensation at Draw Academy Inc during 2022 was $52,029. There are 99 employees and 12 volunteers at Draw Academy Inc.


Here are 6 key members and their salaries (Draw Academy Inc's CEO's salary is $117,880 and their total compensation is $117,880):


Fernando Donatti (Ceo/Superintend)
  • Compensation: $117,880
  • Related: $0
  • Other: $0
Claudia Ruiz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diego Cutrera (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxana Cuello (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yajaira Iveth Lopez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Tharp (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.drawacademy.org

Where can I find the form 990 for Draw Academy Inc?

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


Official website here: www.drawacademy.org

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

Mission Statement of Draw Academy Inc

Draw Academy Inc, as a Texas Education Agency open enrollment charter school, is committed to serving students from pre-kindergarten, starting at the age of 3, all the way up to eighth grade. Acting as a public elementary and middle school, Draw Academy's mission is to provide education to these students within its open enrollment framework. By offering an enriching learning environment, Draw Academy aims to support the growth and development of its young learners, ensuring they receive a comprehensive education from pre-kindergarten through middle school.

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Impact




July, 2024

Draw Academy Inc's impact is significant in providing quality education to students in Houston, TX. As a Texas Education Agency open enrollment charter school, Draw Academy serves students from pre-kindergarten to eighth grade, offering a strong foundation in academics and personal development. By focusing on the educational needs of young children through middle school, Draw Academy contributes to shaping future generations of well-rounded individuals equipped with essential skills for success. Through its dedicated mission, Draw Academy plays a crucial role in building a brighter future for the children and the community it serves.




This information is meant to be a general summary of Draw 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
$10,027,350 (2022)
Expenses
$9,464,560 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,887
  • Program Service Revenue: $32,602
  • Gross Receipts: $10,027,350

Assets and Liabilities:

  • Total Assets: $4,055,605
  • Total Liabilities: $409,084
  • Net Assets: $3,646,521

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Programs

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

Other local revenue

Revenue

$32,602

Organization Details

Founding Year

2001

Principal Officer

Fernando Donatti

Main Address

3920 Stoney Brook Drive, Houston, TX, 77063

NTEE Category

Code: B28 - Education

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