Overview
What is Victory Family School?
Victory Family School (VFS) is a nonprofit educational institution that commenced operations in August 2017. During its inaugural year, the school catered to around 200 students and their families. VFS operates five days a week, with classes running from 8:15 a.m. to 3:15 p.m. The academic year consists of 180 days. The primary mission of VFS is to provide quality education, aiming to make a positive impact on the lives of its students.
Official website here: www.victoryfamily.school
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Victory Family School has received a Three-Star rating from Charity Navigator, indicating a solid level of financial health and accountability. The organization boasts a high program expense ratio of 95.07%, which suggests that a significant portion of its funding is directed towards its mission-related activities, rather than administrative costs. Additionally, the school has a majority of independent board members, contributing to effective governance.
The nonprofit demonstrates strong accountability practices, as evidenced by its adherence to policies such as conflict of interest, whistleblower protections, and document retention. It has also maintained a healthy liabilities to assets ratio of 30.97%, reflecting good financial stability and management. Overall, these strengths highlight Victory Family School's commitment to transparency and responsible financial stewardship.
However, while the organization performs well in many areas, ongoing evaluation and improvement are essential to addressing any potential limitations that may arise in the future. Continued emphasis on maintaining strong governance and financial practices will be crucial for maintaining its positive reputation and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Victory Family School legitimate?
Victory Family School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Family School 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: $57,750
Professional Fundraising Fees: $97,669
Other Salaries and Wages: $689,278
For more financial information, click here
Official website here: www.victoryfamily.school
What is the mission statement of Victory Family School?
Victory Family School, established in August 2017, primarily focuses on education. During its inaugural year, it catered to around 200 students and their families. The school operates five days a week, from 8:15 AM to 3:15 PM, with an academic year consisting of 180 days. While the provided information does not specify an official mission statement, it can be inferred that Victory Family School's mission is to provide quality education to its students, fostering their growth and development throughout the school year.
Official website here: www.victoryfamily.school
What is the revenue of Victory Family School?
Victory Family School's revenue in 2024 was $1,007,268.
Official website here: www.victoryfamily.school
Who are the executives of Victory Family School and what are their salaries?
The average compensation at Victory Family School during 2024 was $22,637. There are 33 employees and 20 volunteers at Victory Family School.
Here are 5 key members and their salaries:
- Compensation: $58,575
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.victoryfamily.school
Where can I find the form 990 for Victory Family School?
Victory Family School's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.victoryfamily.school
Learn more at the official website: www.victoryfamily.school
Mission Statement of Victory Family School
Victory Family School, established in 2017, embarks on a mission centered around education. The institution served around 200 students and their families during its inaugural year, and since then, it has been consistent in its operations, with school days running from 8:15 a.m. to 3:15 p.m., five days a week. The academic year spans over 180 days, providing a structured learning environment for its students. The school's mission is to provide quality education, catering to the needs of its students and their families.
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Impact
July, 2024
Victory Family School has made a significant impact on the Norman, Oklahoma community since its establishment in August 2017. With a focus on providing quality education to approximately 200 students and their families during the 2017-2018 school year, VFS operates on a full-time schedule of 5 days per week from 8:15 AM to 3:15 PM, covering 180 school days in the academic year. By prioritizing education and serving the local community, Victory Family School is shaping the future generation and contributing to the overall growth and development of Norman, Oklahoma.
This information is meant to be a general summary of Victory Family School. 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 2024.
- Investment Income: $9,258
- Program Service Revenue: $897,687
- Gross Receipts: $1,011,697
Assets and Liabilities:
- Total Assets: $523,846
- Total Liabilities: $162,280
- Net Assets: $361,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
tuition and fees
Revenue
$822,017
lunch
Revenue
$75,670
Organization Details
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