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Davidson Charter Academy

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

EIN: 813746270 ✦ Lexington, NC ✦ Designated as a 501(c)(3)

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Overview

What is Davidson Charter Academy?

Davidson Charter Academy, situated in Lexington, North Carolina, serves as a charter school, catering to around 482 students during the fiscal year ending June 30, 2022. The primary objective of this educational institution is to foster student learning and achievement, encouraging them to develop into independent thinkers, effective communicators, and active contributors to a global society. With a dedicated workforce of 83 employees, Davidson Charter Academy aims to nurture well-rounded individuals who can make a positive impact on the world.


Official website here: www.davidsoncharter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating

Davidson Charter Academy has received a Two-Star rating from Charity Navigator, indicating that while it demonstrates some accountability and financial management strengths, there are significant areas for improvement. The organization has a fully independent board and shows good practices regarding conflict of interest and document retention policies. The presence of an audit and oversight committee is also a positive indicator of its financial governance.

However, the organization struggles with some financial ratios, particularly the liabilities to assets ratio, which may raise concerns about its financial stability. Additionally, the absence of a whistleblower policy and the failure to post its tax forms on the nonprofit's website limit its transparency. The program expense ratio is commendable, suggesting that a substantial portion of its resources is directed toward its mission.

Overall, while Davidson Charter Academy is making strides in governance and accountability, it needs to address the noted limitations to enhance its rating and overall effectiveness as a nonprofit organization.


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

Is Davidson Charter Academy legitimate?

Davidson Charter Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davidson Charter 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: $2,327,439

For more financial information, click here


Official website here: www.davidsoncharter.org

What is the mission statement of Davidson Charter Academy?

The mission of Davidson Charter Academy is centered around fostering student learning and achievement, encouraging students to develop into independent thinkers, effective communicators, and contributing members of a global society. The academy's primary goal is to inspire its students, providing them with the necessary skills and mindset to thrive in a diverse and interconnected world.


Official website here: www.davidsoncharter.org

Who is the CEO of Davidson Charter Academy?

Greg Turlington is the Treasurer of Davidson Charter Academy.


Official website here: www.davidsoncharter.org

What is the revenue of Davidson Charter Academy?

Davidson Charter Academy's revenue in 2022 was $5,357,121.


Official website here: www.davidsoncharter.org

Who are the executives of Davidson Charter Academy and what are their salaries?

The average compensation at Davidson Charter Academy during 2022 was $28,041. There are 83 employees and 15 volunteers at Davidson Charter Academy.


Here are 6 key members and their salaries:


Warren Alston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Briggs (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine England (Vice-Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Lance (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Turlington (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Whitaker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.davidsoncharter.org

Where can I find the form 990 for Davidson Charter Academy?

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


Official website here: www.davidsoncharter.org

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

Mission Statement of Davidson Charter Academy

Davidson Charter Academy, as a nonprofit organization, is dedicated to fostering student learning and achievement. Their mission is to inspire students to develop into independent thinkers, effective communicators, and contributing members of a global society. By providing an educational environment, the academy aims to cultivate well-rounded individuals who are equipped to navigate the intricacies of the modern world. The academy's mission is not just about academic success, but also about nurturing individuals who can make a positive impact in their communities and beyond.

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Impact




July, 2024

Davidson Charter Academy's impact lies in fostering student learning and achievement, inspiring students to become independent thinkers, effective communicators, and contributing citizens of a global society. Operating as a charter school in Lexington, NC, the academy serves approximately 482 students, shaping them into well-rounded individuals who are prepared to navigate the complexities of the modern world. Through its mission to cultivate critical thinking skills and global awareness, Davidson Charter Academy plays a vital role in shaping the future leaders of tomorrow.




This information is meant to be a general summary of Davidson Charter 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
$5,357,121 (2022)
Expenses
$4,745,633 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $484
  • Gross Receipts: $5,357,121

Assets and Liabilities:

  • Total Assets: $10,981,626
  • Total Liabilities: $9,398,036
  • Net Assets: $1,583,590

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Organization Details

Founding Year

2017

Principal Officer

Greg Turlington

Main Address

500 BIESECKER RD, LEXINGTON, NC, 27295

NTEE Category

Code: B29 - Education

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