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James Shaw Ace Academy

Ace Academy

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

EIN: 811862359 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

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Overview

What is James Shaw Ace Academy?

James Shaw Ace Academy is a nonprofit organization that aims to inspire middle and high school students by introducing them to the vast array of career prospects within the aviation and aerospace industries. They achieve this through an engaging summer camp and informative lectures, generously covering the costs associated with aviation/aerospace programs for these students. By doing so, the academy provides an invaluable opportunity for young minds to explore potential futures in these fields, thereby fostering their interest and future success.


Official website here: www.shawaceacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

James Shaw Ace Academy has received a Three-Star rating from Charity Navigator, indicating a generally positive evaluation of its operations. The organization's strong Accountability & Finance score of 80 and a perfect Culture & Community score of 100 highlight its commitment to transparency and community engagement. Notably, all board members are independent, which suggests a strong governance structure.

The organization maintains a good program expense ratio of 62.28%, indicating that a significant portion of funds is directed toward its programs rather than administrative costs. Furthermore, it has no reported material diversion of assets, reinforcing its financial integrity. The presence of key policies, such as conflict of interest and document retention, showcases a proactive approach to governance.

However, the absence of a whistleblower policy may be a concern for some stakeholders, as it could limit protections for individuals reporting unethical behavior within the organization. Overall, James Shaw Ace Academy demonstrates solid financial practices and governance but should consider strengthening its policies to enhance accountability further.


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

Is James Shaw Ace Academy legitimate?

James Shaw Ace Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Shaw Ace 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.shawaceacademy.com

What is the mission statement of James Shaw Ace Academy?

The James Shaw Ace Academy, in its mission, aims to educate middle and high school students about the diverse career prospects in the aviation and aerospace sectors. This is accomplished through engaging lectures and an immersive summer camp. By covering the expenses for the aviation/aeronautics program, the Academy provides these students with a hands-on experience, broadening their horizons and inspiring potential future careers in these industries.


Official website here: www.shawaceacademy.com

Who is the CEO of James Shaw Ace Academy?

James Shaw Jr is the President of James Shaw Ace Academy.


Official website here: www.shawaceacademy.com

What is the revenue of James Shaw Ace Academy?

James Shaw Ace Academy's revenue in 2022 was $32,137.


Official website here: www.shawaceacademy.com

Who are the executives of James Shaw Ace Academy and what are their salaries?


Here are 6 key members and their salaries:


Alexandria Shaw (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Shaw (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Anderson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Shaw Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Ray-Shaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shawaceacademy.com

Where can I find the form 990 for James Shaw Ace Academy?

James Shaw Ace Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shawaceacademy.com

Learn more at the official website: www.shawaceacademy.com

Mission Statement of James Shaw Ace Academy

James Shaw Ace Academy, as a nonprofit organization, is dedicated to enlightening middle and high school students about the myriad career prospects in the aviation and aerospace sectors. They accomplish this mission through two primary means: lectures and a summer camp. By covering the expenses associated with aviation and aeronautics programs, they provide students with a comprehensive and hands-on introduction to these industries. By doing so, the academy aims to inspire and equip the next generation with the knowledge and skills necessary to pursue successful careers in these fields.

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Impact




August, 2024

James Shaw Ace Academy's impact lies in its ability to introduce middle and high school students to the exciting career opportunities available in the aviation and aerospace industries. By providing lectures and hosting a summer camp, this organization is able to inspire and educate the younger generation about the possibilities within these fields. Through covering expenses for the aviation/aeronautics program, James Shaw Ace Academy ensures that students have the resources needed to explore these potential career paths. This direct engagement with students in WINSTON SALEM, NC, helps to cultivate interest and enthusiasm for the aviation and aerospace industries, ultimately contributing to the future workforce in these fields.




This information is meant to be a general summary of James Shaw Ace 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
$32,137 (2022)
Expenses
$51,100 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Gross Receipts: $32,137

Assets and Liabilities:

  • Total Assets: $20,811
  • Total Liabilities: $0
  • Net Assets: $20,811

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Organization Details

Founding Year

2017

Principal Officer

James Shaw Jr

Main Address

163 STRATFORD COURT APT STE 110, WINSTON SALEM, NC, 27103

NTEE Category

Code: T50 - Philanthropy

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