Overview
What is Peer Academy?
Peer Academy is a nonprofit organization situated in Knoxville, Tennessee. Their primary mission is to offer a high-quality, individualized education to children, promoting peer interaction and collaboration. This approach aims to motivate each child to achieve their full potential. With a team of 20 dedicated individuals, Peer Academy emphasizes the importance of a supportive learning environment that fosters growth and development for its students.
Official website here: www.knoxpeeracademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, earning it a Two-Star out of Four Star rating. This score indicates that while Peer Academy meets some basic standards of accountability and finance, there are significant areas that need improvement. The organization has a strong independent board, with 87% of its members being independent, and it has demonstrated responsible asset management with no material diversion of assets.
However, the rating also highlights notable shortcomings. Peer Academy lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could affect governance and transparency. Additionally, the organization has a concerning liabilities to assets ratio of 162.72%, suggesting potential financial instability.
On a positive note, Peer Academy shows a strong commitment to its programs, with an impressive program expense ratio of 92.67%, indicating that the majority of its expenditures are directed toward its mission. Nevertheless, to enhance its rating and overall effectiveness, the organization needs to address the identified gaps in its governance and financial health.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Peer Academy?
100% of 5 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Parents express immense satisfaction with the impact Peer Academy has had on their children's social experiences. One parent highlights how their daughter, who previously struggled to make friends, is now thriving and has found acceptance and love among her peers. This positive change has not only enhanced her school experience but also filled her with excitement about attending.
Overall, the consensus reflects a strong endorsement of Peer Academy, with families appreciating the supportive environment it fosters for children. The organization appears to effectively fulfill its mission of helping young people build connections and friendships in a nurturing setting.
This AI summary has been generated from reviews found on Facebook.
Is Peer Academy legitimate?
Peer Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peer 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: $38,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $422,553
For more financial information, click here
Official website here: www.knoxpeeracademy.org
What is the mission statement of Peer Academy?
Peer Academy's mission is centered around providing an engaging, individualized education for children, emphasizing peer interaction and collaboration. This educational approach aims to motivate each child to realize their full potential. Peer Academy strives to deliver a high-quality education, tailoring it to the unique needs of each student. The educational approach encourages teamwork and collaboration among peers, fostering a stimulating learning environment.
Official website here: www.knoxpeeracademy.org
Who is the CEO of Peer Academy?
Deidra Messinger is the Executive Di of Peer Academy.
Official website here: www.knoxpeeracademy.org
What is the revenue of Peer Academy?
Peer Academy's revenue in 2022 was $493,141.
Official website here: www.knoxpeeracademy.org
Who are the executives of Peer Academy and what are their salaries?
The average compensation at Peer Academy during 2022 was $23,028. There are 20 employees and 4 volunteers at Peer Academy.
Here are 8 key members and their salaries:
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- Compensation: $38,000
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Official website here: www.knoxpeeracademy.org
Where can I find the form 990 for Peer Academy?
Peer Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.knoxpeeracademy.org
Learn more at the official website: www.knoxpeeracademy.org
Mission Statement of Peer Academy
Peer Academy, a nonprofit organization, is dedicated to providing an education that encourages growth and potential in each child. Their mission is to offer a challenging and individualized learning experience, emphasizing peer interaction and collaboration. This approach inspires students to reach their full potential, fostering a learning environment that goes beyond traditional classroom settings. Peer Academy's unique educational approach focuses on the power of collaboration, recognizing that children can learn and grow significantly when working together.
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Impact
July, 2024
Peer Academy's impact is significant in providing a challenging and individualized education that emphasizes peer interaction and collaboration. By inspiring each child to reach their full potential, Peer Academy is making a positive difference in the lives of students in Knoxville, TN. Through their mission of offering quality education tailored to individual needs, Peer Academy is contributing to the academic and personal growth of children and fostering a supportive learning environment.
This information is meant to be a general summary of Peer 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15
- Program Service Revenue: $423,695
- Gross Receipts: $497,121
Assets and Liabilities:
- Total Assets: $263,330
- Total Liabilities: $428,538
- Net Assets: -$165,208
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$402,841
REGISTRATION
Revenue
$9,545
AFTER SCHOOL CARE
Revenue
$8,325
THERAPY
Revenue
$2,984
Organization Details
Founding Year
2016
Phone
(423) 277-6697Principal Officer
Deidra Messinger
Main Address
PO BOX 22448, KNOXVILLE, TN, 37933
Website
www.knoxpeeracademy.orgNTEE Category
Code: B20 - Education
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