Overview
What is Quest Forward Academy Inc?
Quest Forward Academy Inc is a nonprofit organization, specifically operating as a private secondary school, based in Aurora, Colorado. They collect tuition from students to cover their operating expenses, which include salaries for mentors and directors, utility bills, insurance, and regulatory compliance. The academy's mission is unique, utilizing a research-backed, technology-driven learning platform to teach traditional academics and life skills through an active, quest-based approach. This methodology aims to assist students in gaining an education, fostering a lifelong passion for learning, and overcoming potential societal limitations, such as economic constraints. Quest Forward Academy serves around 64 employees, dedicated to its goal of providing an innovative educational experience.
Official website here: www.questforward.academy
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)**
Quest Forward Academy Inc has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and financial management. This rating is derived from a scoring system that focuses solely on Accountability & Finance, where the organization scored 77 for the fiscal year 2023. While they excelled in maintaining a low liabilities-to-assets ratio and have a significant program expense ratio, the organization does struggle with certain areas, such as having no independent board members and missing financial statements, which limited their overall score.
Notably, the academy demonstrates strong governance practices, evident from their implementation of various policies related to conflicts of interest, whistleblower protections, and documentation of board meeting minutes. Management of funds appears to be efficient as suggested by the very low fundraising efficiency ratio. However, the absence of donors and a lack of transparency regarding financial statements may raise concerns regarding trust and accountability.
As for user feedback from GreatNonprofits, no reviews could be fetched, so a comprehensive sentiment analysis from users is not available. Overall, while Quest Forward Academy Inc has strengths in certain financial practices, the lack of independent oversight and transparency in financial reporting presents some notable challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Quest Forward Academy Inc legitimate?
Quest Forward Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quest Forward 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: $384,684
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.questforward.academy
What is the mission statement of Quest Forward Academy Inc?
Quest Forward Academy Inc's mission is centered around operating private secondary schools, employing a unique learning approach. This approach, powered by research and technology, integrates traditional academics and life skills, encouraging an active, quest-based paradigm. The academy aims to facilitate effective and efficient education for young individuals, fostering a lifelong quest for knowledge and learning. Additionally, Quest Forward Academy strives to overcome societal limitations that students may face, such as low-income or poverty, ensuring equitable opportunities for all.
Official website here: www.questforward.academy
Who is the CEO of Quest Forward Academy Inc?
J Joe Ricketts is the Ceo of Quest Forward Academy Inc. The CEO's salary of Quest Forward Academy Inc is $0 and their total compensation is $0.
Official website here: www.questforward.academy
What is the revenue of Quest Forward Academy Inc?
Quest Forward Academy Inc's revenue in 2022 was $7,624,976.
Official website here: www.questforward.academy
Who are the executives of Quest Forward Academy Inc and what are their salaries?
The average compensation at Quest Forward Academy Inc during 2022 was $6,011. There are 64 employees at Quest Forward Academy Inc.
Here are 7 key members and their salaries (Quest Forward Academy Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $91,682
- Related: $0
- Other: $25,347
- Compensation: $80,188
- Related: $0
- Other: $4,964
- Compensation: $0
- Related: $356,411
- Other: $8,199
- Compensation: $73,208
- Related: $0
- Other: $2,375
- Compensation: $95,781
- Related: $0
- Other: $2,940
Official website here: www.questforward.academy
Where can I find the form 990 for Quest Forward Academy Inc?
Quest Forward Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.questforward.academy
Learn more at the official website: www.questforward.academy
Mission Statement of Quest Forward Academy Inc
Quest Forward Academy Inc, a private secondary school operator, aims to offer a unique learning methodology through its research-based, technology-powered platform. This approach combines traditional academics with life skills, encouraging an active, quest-based paradigm. The mission of Quest Forward Academy is multifaceted, aiming to assist young individuals in gaining an education, foster a lifelong quest for knowledge and learning, and overcome societal limitations, such as low-income or poverty. The academy's innovative methodology seeks to provide an effective and efficient learning experience, setting it apart from traditional secondary education. By embracing this quest-based approach, Quest Forward Academy aims to empower its students, enabling them to overcome any obstacles they may face and contribute positively to their communities.
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Impact
July, 2024
Quest Forward Academy Inc's impact can be seen in its innovative approach to secondary education, which aims to foster a lifelong quest for knowledge and learning in young individuals. By using a research-based and technology-powered learning platform, Quest Forward Academy provides a unique educational experience that goes beyond traditional academics to include vital life skills. Through quest-based learning, the academy seeks to overcome societal limitations that students may face, such as low-income or poverty, and provide an effective and efficient methodology for education. Overall, Quest Forward Academy is making a difference by offering a transformative educational model that prepares students for a successful future.
This information is meant to be a general summary of Quest Forward 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $289
- Program Service Revenue: $973,122
- Gross Receipts: $7,624,976
Assets and Liabilities:
- Total Assets: $2,500,201
- Total Liabilities: $99,336
- Net Assets: $2,400,865
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$973,122
Organization Details
Founding Year
2016
Phone
(303) 962-0020Principal Officer
J Joe Ricketts
Main Address
PO Box 110789, Aurora, CO, 80042
Website
www.questforward.academyNTEE Category
Code: B25 - Education
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