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Gray Collegiate 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: 800912325 ✦ West columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Gray Collegiate Academy Inc?

Gray Collegiate Academy Inc, located at 3833 Leapheart Rd, West Columbia, SC 29169, is a distinguished nonprofit organization that offers top-tier educational opportunities alongside elite athletics. With a focus on providing a secure, intimate, and family-oriented environment, the academy challenges high school students with a rigorous curriculum, high academic standards, and competitive sports programs. In the 2021-2022 school year, the institution demonstrated its success by winning three state championships in football, boys' basketball, and softball, while also placing second in two sports. Gray Collegiate Academy also boasts an impressive 99.3% high school graduation rate. The organization is led by a dedicated workforce of one individual.


Official website here: www.graycollegiateacademy.org

What are the reviews and ratings of this charity?

**Rating: 79% (Three-Star out of Four Star Rating from Charity Navigator)**

Gray Collegiate Academy Inc has achieved a Three-Star rating from Charity Navigator, primarily due to its strong accountability and finance metrics, which rely solely on a comprehensive beacon score. The organization has a perfect score for several governance aspects, including maintaining a majority-independent board and publishing financial audits. However, it faces challenges with a high liabilities-to-assets ratio, which may raise concerns regarding its financial stability.

Users recognize the strengths of the academy, particularly its independent governance which promotes transparency and accountability. The institution's commitment to providing quality educational opportunities is evident, and its operations are in line with good nonprofit practices as shown in its financial documentation and conflict of interest policies.

However, since user reviews from GreatNonprofits are unavailable, we cannot provide additional insights into individual sentiments from recipients or community members about their experiences with Gray Collegiate Academy Inc. This limitation prevents a complete picture from emerging solely from public sentiment.


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

Is Gray Collegiate Academy Inc legitimate?

Gray Collegiate Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gray Collegiate 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: $189,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,798,415

For more financial information, click here


Official website here: www.graycollegiateacademy.org

What is the mission statement of Gray Collegiate Academy Inc?

Gray Collegiate Academy Inc, in its mission, serves high school students in a safe, small, and family-oriented environment. This academy provides an opportunity for students seeking a challenging curriculum, high academic standards, and the chance to excel in elite athletics. Notably, students have the potential to earn up to two years of college credit. The academy's mission is to offer exceptional educational opportunities and elite athletic experiences, as demonstrated by its impressive track record in sports and high graduation rates. In the 2021-2022 school year, Gray Collegiate Academy won three state championships in football, boys' basketball, and softball, and was the runner-up in two other sports. The school also boasted a remarkable 99.3% high school graduation rate.


Official website here: www.graycollegiateacademy.org

Who is the CEO of Gray Collegiate Academy Inc?

Teresa Brazell is the Board Chair/Pres of Gray Collegiate Academy Inc.


Official website here: www.graycollegiateacademy.org

What is the revenue of Gray Collegiate Academy Inc?

Gray Collegiate Academy Inc's revenue in 2022 was $8,205,578.


Official website here: www.graycollegiateacademy.org

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

The average compensation at Gray Collegiate Academy Inc during 2022 was $1,988,115. There is 1 employee and 40 volunteers at Gray Collegiate Academy Inc.


Here are 8 key members and their salaries:


Teresa Brazell (Board Chair/Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pennie Peagler (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Stevens (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Markl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Kinard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Mckim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mckenzie Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William B Newsome (School Principal)
  • Compensation: $189,700
  • Related: $0
  • Other: $0


Official website here: www.graycollegiateacademy.org

Where can I find the form 990 for Gray Collegiate Academy Inc?

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


Official website here: www.graycollegiateacademy.org

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

Mission Statement of Gray Collegiate Academy Inc

Gray Collegiate Academy, a distinguished institution, serves high school students in a secure, intimate, and family-oriented environment. It caters to students who are eager for the opportunity and challenge of an advanced curriculum, rigorous academic standards, and elite athletics, allowing them to earn up to two years of college credit. The academy's mission is to provide these students with an exceptional educational experience, fostering an environment that encourages academic growth and athletic excellence.

In practice, Gray Collegiate Academy delivers on its mission, offering a safe and nurturing learning environment that challenges its students. During the 2021-2022 school year, the academy showcased its commitment to academic and athletic achievement, earning three state championships in football, boys' basketball, and softball, as well as runner-up positions in two other sports. Moreover, the academy boasts an impressive 99.3% high school graduation rate, further demonstrating its dedication to providing students with the tools they need to succeed in their academic pursuits.

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Impact




July, 2024

Gray Collegiate Academy Inc's impact can be seen in the exceptional educational opportunities it provides to high school students in a safe, small, and family-centered environment. The academy offers a rigorous curriculum, high academic standards, and elite athletics, allowing students to earn up to two years of college credit while in high school. In the school year 2021-2022, Gray Collegiate Academy achieved great success by winning three state championships in football, boys' basketball, and softball. Additionally, the academy was the state runner-up in boys' soccer and baseball. This outstanding performance is complemented by a remarkable 99.3% high school graduation rate, showcasing the academy's dedication to academic excellence and student success. Gray Collegiate Academy's impact extends beyond academics, as it also fosters a culture of achievement in elite athletics, contributing to the overall development and success of its students.




This information is meant to be a general summary of Gray Collegiate 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
$8,205,578 (2022)
Expenses
$8,141,955 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,152
  • Program Service Revenue: $569,680
  • Gross Receipts: $8,205,578

Assets and Liabilities:

  • Total Assets: $28,495,542
  • Total Liabilities: $26,881,188
  • Net Assets: $1,614,354

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Programs

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

TUITION AND FEES

Revenue

$290,562

PUPIL ACTIVITY

Revenue

$213,704

OTHER REVENUE

Revenue

$65,414

Organization Details

Founding Year

2013

Principal Officer

Teresa Brazell

Main Address

3833 LEAPHART RD, WEST COLUMBIA, SC, 29169

NTEE Category

Code: B29 - Education

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