Overview
What is Friends Of Nova Classical Academy?
Friends of Nova Classical Academy is a nonprofit organization situated in Saint Paul, Minnesota, specifically at 1455 Victoria Way. Their primary mission is to lease and manage the property for Nova Classical Academy, ensuring its operational needs are met. This commitment extends to the maintenance of the property, ensuring it remains suitable for the academy's activities. The organization plays a crucial role in supporting the educational institution's operations, contributing to the community and the students' learning environment.
Official website here: www.novaclassical.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating indicates that Friends Of Nova Classical Academy demonstrates a moderate level of accountability and transparency in its operations. The organization has a strong presence of independent board members and maintains good financial oversight through its audit and oversight committee.
Strengths of the nonprofit include a high program expense ratio of 100%, indicating that all funds are directed towards its programs. Additionally, the organization has a solid conflict of interest policy and has no reported material diversion of assets, which showcases good governance practices. However, there are significant areas for improvement, particularly concerning its whistleblower and document retention policies, both of which are missing.
Financially, the organization faces challenges as indicated by its liabilities to assets ratio of 106.09%, suggesting that it may have more liabilities than assets. This could raise concerns about financial stability in the long term. Furthermore, the absence of its tax form on the nonprofit's website limits transparency for potential donors and stakeholders. Overall, while the organization has strengths, addressing its weaknesses is crucial for improved accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Nova Classical Academy legitimate?
Friends Of Nova Classical Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Nova 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.novaclassical.org
What is the mission statement of Friends Of Nova Classical Academy?
The mission of Friends of Nova Classical Academy is centered around leasing and maintaining the property for Nova Classical Academy. This organization plays a crucial role in ensuring the physical infrastructure required for the educational institution's operation is well-maintained and functional. By carrying out this mission, Friends of Nova Classical Academy contributes significantly to the continuity and success of Nova Classical Academy.
Official website here: www.novaclassical.org
Who is the CEO of Friends Of Nova Classical Academy?
Christina Geer is the Treasurer of Friends Of Nova Classical Academy.
Official website here: www.novaclassical.org
What is the revenue of Friends Of Nova Classical Academy?
Friends Of Nova Classical Academy's revenue in 2022 was $1,445,547.
Official website here: www.novaclassical.org
Who are the executives of Friends Of Nova Classical Academy and what are their salaries?
There 5 volunteers at Friends Of Nova Classical Academy.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.novaclassical.org
Where can I find the form 990 for Friends Of Nova Classical Academy?
Friends Of Nova Classical Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.novaclassical.org
Learn more at the official website: www.novaclassical.org
Mission Statement of Friends Of Nova Classical Academy
Friends of Nova Classical Academy, as an organization, is committed to leasing and maintaining property for the Nova Classical Academy. Their mission is to ensure that the educational institution has a suitable and well-maintained space to operate effectively. By leasing and maintaining the property, Friends of Nova Classical Academy plays a vital role in supporting the academic success of the students and teachers at Nova Classical Academy. This mission is crucial in providing a conducive learning environment, which is essential for the overall development of the students. By leasing and maintaining the property, Friends of Nova Classical Academy is contributing to the long-term sustainability and growth of the Nova Classical Academy.
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Impact
July, 2024
Friends Of Nova Classical Academy's impact lies in its crucial role in supporting the leasing and maintenance of the property for Nova Classical Academy in Saint Paul, Minnesota. By ensuring that the academy has a suitable and well-maintained facility, Friends Of Nova Classical Academy directly contributes to the quality of education provided to students. This support helps create a conducive environment for learning and enhances the overall educational experience for the academy's students and staff.
This information is meant to be a general summary of Friends Of Nova 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: $504
- Program Service Revenue: $1,445,043
- Gross Receipts: $1,445,547
Assets and Liabilities:
- Total Assets: $20,654,226
- Total Liabilities: $22,292,815
- Net Assets: -$1,638,589
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Organization Details
Founding Year
2008
Phone
(651) 209-6320Principal Officer
Christina Geer
Main Address
1455 Victoria Way, Saint Paul, MN, 55102
Website
www.novaclassical.orgNTEE Category
Code: B112 - Education
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