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Linabean 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: 812767446 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Linabean Academy Inc?

Linabean Academy Inc is a distinguished nonprofit organization dedicated to catering to the unique needs of children with special abilities. Located within the realm of special education institutions and programs, Linabean Academy's primary mission is to educate and support these children and their families. Through meticulously designed student education programs, the academy aims to create an inclusive environment where every child can thrive and reach their full potential. The organization's activities are focused on providing comprehensive educational resources, ensuring that both children and their families receive the necessary support and guidance.


Official website here: www.linabeanedu.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1-Star out of Four Stars (58%)

Linabean Academy Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 58%, the organization lacks independent board members, which raises questions about governance and oversight. While it maintains strong financial reporting practices, the absence of key policies, such as conflict of interest and whistleblower protections, negatively impacts its overall rating.

On a positive note, Linabean Academy excels in program expenses, allocating 100% of its funds directly to its programs, which suggests a strong commitment to its mission. The organization demonstrates effective financial management in some areas, including having no material diversion of assets and complete documentation for board meeting minutes. However, the high liabilities to assets ratio at 96.74% is concerning, indicating potential financial stability issues.

Users and donors should consider these factors when assessing Linabean Academy Inc. While the organization is dedicated to its programs, the governance shortcomings and financial ratios indicate a need for improvements in operational transparency and accountability.


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

Is Linabean Academy Inc legitimate?

Linabean Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Linabean 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: $75,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.linabeanedu.org

What is the mission statement of Linabean Academy Inc?

Linabean Academy Inc, as a special education institution, is committed to educating children with special needs and their families. The organization carries out this mission through various student education programs. Its primary focus is on providing a learning environment that caters to the unique needs of these children, aiming to empower both the children and their families. Linabean Academy belongs to the category of special education institutions and programs, which underscores its dedication to supporting these individuals in their educational journey.


Official website here: www.linabeanedu.org

Who is the CEO of Linabean Academy Inc?

Ischolina Williams is the President of Linabean Academy Inc.


Official website here: www.linabeanedu.org

What is the revenue of Linabean Academy Inc?

Linabean Academy Inc's revenue in 2022 was $576,702.


Official website here: www.linabeanedu.org

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


Here are 2 key members and their salaries:


Ischolina Will (President)
  • Compensation: $79,239
  • Related: $0
  • Other: $0
James Wiliams (Vice President)
  • Compensation: $19,816
  • Related: $0
  • Other: $0


Official website here: www.linabeanedu.org

Where can I find the form 990 for Linabean Academy Inc?

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


Official website here: www.linabeanedu.org

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

Mission Statement of Linabean Academy Inc

Linabean Academy Inc, a renowned institution within the realm of special education, is committed to educating children with special needs and their families. The organization operates under the belief that education is a powerful tool in enhancing the lives of these individuals. Linabean Academy's mission is to provide comprehensive educational programs tailored to the unique needs of these children, aiming to foster their growth and development. The institution's approach to education encompasses not only the academics but also the emotional and social well-being of each child and their family. By belonging to the category of special education institutions and programs, Linabean Academy Inc is dedicated to making a significant impact in the lives of special needs children and their families, thereby contributing to a more inclusive and equitable society.

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Impact




July, 2024

Linabean Academy Inc has a significant impact on special needs children and families in Tampa, Florida. Through its student education programs, Linabean Academy provides valuable resources and support to enhance the educational experiences of special needs children. By focusing on specialized education and tailored programs, Linabean Academy helps these individuals reach their full potential and achieve academic success. This not only benefits the students directly but also positively impacts their families by providing them with the necessary tools and guidance to support their children's educational journey. Overall, Linabean Academy's dedication to educating special needs children and families contributes to a more inclusive and supportive community for individuals with diverse learning needs.




This information is meant to be a general summary of Linabean 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
$576,702 (2022)
Expenses
$491,160 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $576,702

Assets and Liabilities:

  • Total Assets: $272,584
  • Total Liabilities: $263,708
  • Net Assets: $8,876

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Organization Details

Principal Officer

Ischolina Williams

Main Address

2222 E DR MARTIN LUTHER KING DR, TAMPA, FL, 33610

NTEE Category

Code: B11 - Education

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