Overview
What is Franklin Discovery Academy - Vineyard?
Franklin Discovery Academy - Vineyard is a publicly funded charter school located at 320 E GAMMON ROAD, VINEYARD, UT 84058. This nonprofit institution is dedicated to providing education for students from kindergarten through sixth grade. With a workforce of 244 individuals, the academy manages, operates, guides, directs, and promotes the school's operations to ensure a high-quality educational experience for its students. The school's mission is to foster a nurturing and supportive learning environment, utilizing local, state, and federal resources to achieve its goals.
Official website here: www.franklindiscovery.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Franklin Discovery Academy - Vineyard has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 81% in this category, reflecting a commendable commitment to financial transparency and responsible governance. Notably, the academy has achieved full scores in several areas, including having an entirely independent board and robust policies for conflict of interest, whistleblower protection, and document retention.
The academy’s financial practices are further supported by a high program expense ratio of 85.40%, suggesting that a significant portion of its funds is directed towards program services rather than administrative costs. The organization has also demonstrated diligence in maintaining detailed financial statements and oversight, which enhances its credibility in the nonprofit sector.
However, the overall score is significantly impacted by a poor liability to assets ratio of 95.88%, which may raise concerns about financial stability. While the organization excels in governance and transparency, potential donors and stakeholders may want to consider this financial metric when evaluating the academy's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin Discovery Academy - Vineyard legitimate?
Franklin Discovery Academy - Vineyard is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Discovery Academy - Vineyard 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: $3,208,783
For more financial information, click here
Official website here: www.franklindiscovery.org
What is the mission statement of Franklin Discovery Academy - Vineyard?
The Franklin Discovery Academy, specifically the Vineyard branch, is committed to managing, operating, guiding, directing, and promoting a public charter school. This school is funded by local, state, and federal sources. The primary objective of the academy is to provide education to students from kindergarten through sixth grade. It operates under the mission to effectively manage and operate the school, providing direction and promotion to ensure its success.
Official website here: www.franklindiscovery.org
Who is the CEO of Franklin Discovery Academy - Vineyard?
Jennifer Price is the Chair of Franklin Discovery Academy - Vineyard.
Official website here: www.franklindiscovery.org
What is the revenue of Franklin Discovery Academy - Vineyard?
Franklin Discovery Academy - Vineyard's revenue in 2023 was $6,764,898.
Official website here: www.franklindiscovery.org
Who are the executives of Franklin Discovery Academy - Vineyard and what are their salaries?
The average compensation at Franklin Discovery Academy - Vineyard during 2023 was $13,151. There are 244 employees and 230 volunteers at Franklin Discovery Academy - Vineyard.
Here are 6 key members and their salaries:
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Official website here: www.franklindiscovery.org
Where can I find the form 990 for Franklin Discovery Academy - Vineyard?
Franklin Discovery Academy - Vineyard's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.franklindiscovery.org
Learn more at the official website: www.franklindiscovery.org
Mission Statement of Franklin Discovery Academy - Vineyard
Franklin Discovery Academy-Vineyard is dedicated to managing, operating, guiding, directing, and promoting a public charter school. This school, funded by local, state, and federal sources, serves students from kindergarten through sixth grade. The academy's mission is to provide a nurturing and supportive learning environment, ensuring each student receives a quality education. By managing and operating the school, Franklin Discovery Academy-Vineyard aims to provide a well-rounded curriculum that prepares students for future academic success. The academy's goal is to direct and promote the school, ensuring it meets the needs of its students while adhering to the guidelines set by local, state, and federal authorities.
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Impact
July, 2024
Franklin Discovery Academy - Vineyard positively impacts the education sector by providing a unique and innovative learning environment for students from kindergarten through sixth grade. Through its operation as a public charter school funded by local, state, and federal sources, it offers a dynamic educational experience that focuses on academic excellence and holistic student development. By fulfilling its mission to manage, operate, guide, direct, and promote this school, Franklin Discovery Academy - Vineyard is contributing to the educational growth and success of students in Vineyard, UT, and beyond.
This information is meant to be a general summary of Franklin Discovery Academy - Vineyard. 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 2023.
- Investment Income: $42,375
- Program Service Revenue: $127,156
- Gross Receipts: $6,764,898
Assets and Liabilities:
- Total Assets: $13,855,722
- Total Liabilities: $13,286,142
- Net Assets: $569,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD SERVICES
Revenue
$127,156
Organization Details
Founding Year
2016
Phone
(801) 785-6500Principal Officer
Jennifer Price
Main Address
320 E GAMMON ROAD, VINEYARD, UT, 84058
Website
www.franklindiscovery.orgNTEE Category
Code: B29 - Education
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