The Masters Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 811689040 ✦ Forest city, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Masters Academy?

The Masters Academy is a nonprofit educational institution located at 120 SCHOOL DR, Forest City, NC 28043. The school offers a unique blend of learning experiences, including a forest school, an outdoor school, and a traditional indoor school. Their educational approach is rooted in a classical curriculum, complemented by a variety of extracurricular activities. With a dedicated workforce of 35 individuals, The Masters Academy is committed to fostering a holistic learning environment that caters to the diverse needs of its students.

Is The Masters Academy legitimate?

The Masters Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Masters 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: $724,461

For more financial information, click here

What is the mission statement of The Masters Academy?

The Masters Academy is a nonprofit institution committed to providing a comprehensive educational experience. It offers a forest school, an outdoor school, and a traditional indoor school, each integrated with a classical curriculum and supplemented by extracurricular activities. The mission of The Masters Academy is to foster a learning environment that encourages growth and development in its students, promoting a holistic approach to education that values both outdoor and indoor learning experiences. The school aims to foster a love for learning and a deep understanding of various subjects through its unique educational program.

Who is the CEO of The Masters Academy?

Tami Schultz Waters is the Executive Director of The Masters Academy.

What is the revenue of The Masters Academy?

The Masters Academy's revenue in 2023 was $949,884.

Who are the executives of The Masters Academy and what are their salaries?

The average compensation at The Masters Academy during 2023 was $20,699. There are 35 employees and 25 volunteers at The Masters Academy.


Here are 3 key members and their salaries:


Rachel Kramer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Somerville (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Schultz Waters (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Masters Academy?

The Masters Academy's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Masters Academy

The Masters Academy, a nonprofit institution, is dedicated to providing a unique educational experience for its students. Its mission encompasses three distinct educational environments: a forest school, an outdoor school, and a traditional indoor school. Each of these settings is designed to complement one another, offering a classical curriculum program and a variety of extracurricular activities. The nonprofit aims to foster a holistic learning environment that encourages students' growth and development, both academically and personally.

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Impact




July, 2024

The Masters Academy is making a significant impact by offering a unique educational experience that includes a Forest School, an Outdoor School, and a Traditional Indoor School with a Classical Curriculum Program and extracurricular activities. This innovative approach provides students with a well-rounded education that integrates nature-based learning with a classical academic curriculum. By combining different educational methodologies, The Masters Academy is preparing students in Forest City, NC, for success in a variety of environments and promoting a holistic approach to learning.




This information is meant to be a general summary of The Masters 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.

Revenue
$949,884 (2023)
Expenses
$891,954 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $30
  • Program Service Revenue: $939,429
  • Gross Receipts: $949,884

Assets and Liabilities:

  • Total Assets: $119,740
  • Total Liabilities: $9,040
  • Net Assets: $110,700

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Programs

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

TUITION

Revenue

$200,239

SCHOLARSHIPS VOUCHERS G

Revenue

$691,381

SPORTS RELATED

Revenue

$42,316

PTO INCOME

Revenue

$1,764

MISC FEES AND SALES

Revenue

$3,729

Organization Details

Founding Year

2006

Principal Officer

Tami Schultz Waters

Main Address

120 SCHOOL DR, FOREST CITY, NC, 280433680

NTEE Category

Code: B25 - Education

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