Overview
What is Smith Academy For Excellence?
Smith Academy for Excellence is a nonprofit organization situated in Okemos, Michigan, with a specific focus on providing educational equity for at-risk students in the Fort Wayne, Indiana, area. The academy's mission is centered around holistic education, emphasizing academic rigor, character education, service learning, and college preparation. It collaborates closely with families, community partners, and higher education institutions to fulfill its mission, thereby ensuring a comprehensive approach to learning and personal development for its students.
Official website here: www.fwsafe.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
Smith Academy For Excellence has earned a Three-Star rating on Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score reflects a commendable accountability and finance score of 84%. This rating is primarily based on the charity's adherence to governance standards and financial health, showcasing a strong commitment to transparency and responsible management.
The organization benefits from a fully independent board, with 80% of its members being independent, which supports objective decision-making. Additionally, it has robust financial oversight mechanisms, including a well-structured audit and oversight committee, and maintains a strong liabilities to assets ratio of 6.32%. The presence of comprehensive policies for conflicts of interest, whistleblower protection, and document retention further enhances its accountability framework.
However, while the organization has a respectable program expense ratio of 60.30%, there is room for improvement in this area as it only received 13 out of 25 points. This indicates that a smaller portion of its expenses is directed toward programs compared to administrative costs. Overall, Smith Academy For Excellence demonstrates strong governance practices but may need to focus on increasing its programmatic spending to fully align with best practices in nonprofit operations.
This AI summary has been generated from information found on Charity Navigator.
Is Smith Academy For Excellence legitimate?
Smith Academy For Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smith Academy For Excellence 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.
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Official website here: www.fwsafe.com
What is the mission statement of Smith Academy For Excellence?
The mission of Smith Academy for Excellence is centered around a holistic approach to education. Academic rigor plays a significant role, but it is complemented by character education, service learning, and college preparation. The academy works closely with families, community partners, and higher education institutions to fulfill this mission, aiming to provide a well-rounded educational experience. The focus of Smith Academy for Excellence is on educational equity, particularly for at-risk students in the vicinity of Fort Wayne, Indiana.
Official website here: www.fwsafe.com
Who is the CEO of Smith Academy For Excellence?
Yul Craig Martin is the President of Smith Academy For Excellence.
Official website here: www.fwsafe.com
What is the revenue of Smith Academy For Excellence?
Smith Academy For Excellence's revenue in 2022 was $1,300,219.
Official website here: www.fwsafe.com
Who are the executives of Smith Academy For Excellence and what are their salaries?
There 5 volunteers at Smith Academy For Excellence.
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Official website here: www.fwsafe.com
Where can I find the form 990 for Smith Academy For Excellence?
Smith Academy For Excellence's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fwsafe.com
Learn more at the official website: www.fwsafe.com
Mission Statement of Smith Academy For Excellence
Smith Academy for Excellence is committed to providing a holistic education approach for its students. The academic rigor is the backbone of this approach, but it is significantly enhanced by character education and service learning, as well as college preparation. The academy recognizes the importance of these additional elements in nurturing well-rounded individuals. Furthermore, Smith Academy for Excellence collaborates with families, community partners, and institutions of higher education to achieve its mission. This collaboration ensures that the academy is able to provide the best possible education to its at-risk students. The ultimate goal of Smith Academy for Excellence is to foster academic growth, character development, and college readiness in its students, thereby promoting educational equity.
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Impact
July, 2024
Smith Academy For Excellence's impact on at-risk students in Fort Wayne, Indiana and its vicinity is profound. By focusing on a holistic approach to education that combines academic rigor with character education, service learning, and college preparation, the academy is paving the way for these students to excel academically and personally. Through collaborations with families, community partners, and institutions of higher education, Smith Academy For Excellence is not only providing educational equity but also preparing these students for a successful future.
This information is meant to be a general summary of Smith Academy For Excellence. 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: $2,276
- Program Service Revenue: $1,554
- Gross Receipts: $1,300,943
Assets and Liabilities:
- Total Assets: $801,258
- Total Liabilities: $58,964
- Net Assets: $742,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT FEES
Revenue
$1,554
Organization Details
Founding Year
2012
Phone
(517) 203-3716Principal Officer
Yul Craig Martin
Main Address
2125 UNIVERSITY PARK DRIVE, OKEMOS, MI, 48864
Website
www.fwsafe.comNTEE Category
Code: B29 - Education
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