Overview
What is Spectrum Academy?
Spectrum Academy is a public charter school based in North Salt Lake City, Utah, with a location at 575 Cutler Drive, ZIP code 84054. They serve students from kindergarten to twelfth grade and operate with funding from local, state, and federal sources. The organization, consisting of 851 employees, is dedicated to managing, operating, guiding, and promoting this educational institution.
Official website here: www.spectrumcharter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Spectrum Academy has received an 81% rating from Charity Navigator, which indicates a solid performance in terms of accountability and finance. This rating is primarily based on its accountability metrics, reflecting the organization's commitment to transparency and responsible management of funds. The charity has a majority independent board and has demonstrated robust financial practices, including comprehensive auditing and oversight.
The organization excels in several areas, such as maintaining a high percentage of program expenses, where 84.86% of its funds are directed towards its programs. This strong focus on program efficiency is a positive aspect, reassuring donors of the effectiveness of their contributions. Furthermore, Spectrum Academy has established various policies, including conflict of interest and whistleblower protections, reinforcing its commitment to ethical governance.
However, the rating does not address qualitative measures such as the impact of the programs offered, which may be important for some potential donors. While the financials are well managed, understanding the actual outcomes and benefits provided to the community could enhance the overall evaluation of the nonprofit's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Spectrum Academy legitimate?
Spectrum Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spectrum 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: $557,047
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,948,389
For more financial information, click here
Official website here: www.spectrumcharter.org
What is the mission statement of Spectrum Academy?
Spectrum Academy is dedicated to managing, operating, guiding, and promoting a public charter school. Funded by local, state, and federal sources, the academy provides education for students from kindergarten to twelfth grade. Its mission is to oversee the school's operations and ensure its success through effective management and direction. The academy strives to create an educational environment that fosters growth and development for all its students. Its primary focus is on ensuring a high-quality learning experience for every pupil. The academy's mission is to provide a solid foundation for students to build their future upon. Additionally, it works towards creating a nurturing and inclusive educational setting where students can thrive.
Official website here: www.spectrumcharter.org
Who is the CEO of Spectrum Academy?
Brad Nelson is the Exec Dir - A of Spectrum Academy.
Official website here: www.spectrumcharter.org
What is the revenue of Spectrum Academy?
Spectrum Academy's revenue in 2022 was $29,729,025.
Official website here: www.spectrumcharter.org
Who are the executives of Spectrum Academy and what are their salaries?
The average compensation at Spectrum Academy during 2022 was $22,921. There are 851 employees and 150 volunteers at Spectrum Academy.
Here are 10 key members and their salaries:
- Compensation: $156,416
- Related: $0
- Other: $8,866
- Compensation: $147,351
- Related: $0
- Other: $7,146
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.spectrumcharter.org
Where can I find the form 990 for Spectrum Academy?
Spectrum Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spectrumcharter.org
Learn more at the official website: www.spectrumcharter.org
Mission Statement of Spectrum Academy
Spectrum Academy is a public charter school dedicated to managing, operating, guiding, and promoting educational growth for students from kindergarten to twelfth grade. Funded by local, state, and federal sources, this institution takes pride in providing a learning environment that is both supportive and challenging.
At Spectrum Academy, the mission goes beyond just managing and operating a school. The team is dedicated to directing and promoting the school, ensuring that every student receives a well-rounded education. They strive to create an engaging and effective learning experience that prepares students for future success.
The school's commitment to its students is evident in its mission to provide quality education. Spectrum Academy is more than just a place of learning; it's a community where students are encouraged to reach their full potential. With a focus on academic achievement, the school offers a comprehensive curriculum designed to meet the needs of each student. Whether it's through innovative teaching methods or personalized attention, Spectrum Academy is dedicated to helping students thrive.
In summary, Spectrum Academy is a public charter school with a mission to manage, operate, guide, and promote the education of students from kindergarten to twelfth grade. Funded by local, state, and federal sources, the school is dedicated to providing a supportive and challenging learning environment that prepares students for future success. With a focus on academic achievement and personal growth, Spectrum Academy is more than just a school - it's a community where students are encouraged to reach their full potential.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Spectrum Academy significantly impacts the educational landscape in North Salt Lake City by providing a comprehensive public charter school for students from kindergarten through twelfth grade. By effectively managing and operating the school, it creates a supportive environment that nurtures academic and personal growth. The Academy's focus on guiding and promoting quality education fosters an inclusive setting where students can thrive. With funding from local, state, and federal sources, it ensures that resources are allocated efficiently to enhance learning experiences. Overall, Spectrum Academy plays a crucial role in shaping the future of its students and the community at large.
This information is meant to be a general summary of Spectrum 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: $19,489
- Program Service Revenue: $214,424
- Gross Receipts: $29,789,172
Assets and Liabilities:
- Total Assets: $38,407,104
- Total Liabilities: $34,165,080
- Net Assets: $4,242,024
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITIES AND FEES
Revenue
$173,015
DAY CARE FEES
Revenue
$39,985
LUNCH PROGRAM FEES
Revenue
$1,424
Organization Details
Founding Year
2005
Phone
(801) 936-0318Principal Officer
Brad Nelson
Main Address
575 CUTLER DRIVE, NORTH SALT LAKE CITY, UT, 84054
Website
www.spectrumcharter.orgNTEE Category
Code: B29 - Education
If you are a representative of Spectrum Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.