Overview
What is Ocean Academy Charter School?
Ocean Academy Charter School is a nonprofit institution situated in Lakewood, New Jersey, at 678 5th Street. Its mission is to offer a superior, student-focused education to elementary students in a secure, supportive, and stimulating environment. The school aims to help each student reach their full academic potential. With a team of 106 dedicated professionals, Ocean Academy Charter School fosters an educational atmosphere that encourages student engagement and empowers students to recognize and utilize their talents and abilities.
Official website here: www.oceanacademycharter.com
What are the reviews and ratings of this charity?
**Charity :** Charity Navigator Rating 84% (Three-Star out of Four Stars)-Star)
Ocean Academy Charter School has earned a Three-Star rating on Charity Navigator, largely reflecting its strong accountability and financial practices. The charity's score is primarily based on its impressive performance in accountability and financial oversight, where it achieved a score of 84%. It boasts a fully independent board and rigorous oversight mechanisms, indicating a commitment to transparency and good governance. However, the organization was not evaluated for leadership, impact measurement, and cultural factors due to a lack of data.
Strengths highlighted in the rating include a solid program expense ratio, signifying that a substantial portion of financial resources is being directed towards programs rather than administrative costs. An absence of material diversion of assets and well-documented policies regarding conflicts of interest, whistleblower protections, and document retention further bolster its accountability credentials. Nevertheless, the organization faced challenges with its liabilities-to-assets ratio and fundraising efficiency, which indicate potential areas for improvement in its financial health and resource mobilization.
Unfortunately, user reviews from GreatNonprofits were not available, leaving a gap in community feedback regarding the organization's direct impact on students and families. This absence of user insights means that stakeholders may need to rely on the rating alone to gauge the nonprofit's overall effectiveness and community engagement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ocean Academy Charter School?
100% of reviewers on Facebook recommend Ocean Academy Charter School. Here is a summary of their reviews:
Parents appreciate the educational opportunities provided by Ocean Academy, highlighting it as a better alternative for children in Lakewood compared to the local public schools. The feedback emphasizes the school's commitment to delivering quality education tailored to the needs of its students.
Overall, the sentiment towards Ocean Academy is overwhelmingly positive, with families expressing satisfaction regarding the school's impact on their children's learning experience.
This AI summary has been generated from reviews found on Facebook.
Is Ocean Academy Charter School legitimate?
Ocean Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Academy Charter 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,849,919
For more financial information, click here
Official website here: www.oceanacademycharter.com
What is the mission statement of Ocean Academy Charter School?
Ocean Academy Charter School's mission is centered around offering a top-notch, student-focused education to elementary students in a secure, nurturing, and stimulating environment. The school aims to foster academic success for all students, encouraging them to reach their full potential. The educational environment at Ocean Academy Charter School is designed to promote student engagement and empower students to recognize and utilize their unique abilities and talents.
Official website here: www.oceanacademycharter.com
Who is the CEO of Ocean Academy Charter School?
Anita Lepelstat is the President of Ocean Academy Charter School.
Official website here: www.oceanacademycharter.com
What is the revenue of Ocean Academy Charter School?
Ocean Academy Charter School's revenue in 2022 was $8,975,459.
Official website here: www.oceanacademycharter.com
Who are the executives of Ocean Academy Charter School and what are their salaries?
The average compensation at Ocean Academy Charter School during 2022 was $36,320. There are 106 employees at Ocean Academy Charter School.
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Official website here: www.oceanacademycharter.com
Where can I find the form 990 for Ocean Academy Charter School?
Ocean Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oceanacademycharter.com
Learn more at the official website: www.oceanacademycharter.com
Mission Statement of Ocean Academy Charter School
Ocean Academy Charter School is committed to delivering a top-notch, student-focused education in an environment that is secure, nurturing, and stimulating. The school's mission is to foster the academic growth of elementary students, enabling them to reach their full potential. This is achieved by creating an educational setting that encourages student engagement and allows each pupil to recognize and utilize their unique abilities and talents. By providing a high-quality and student-centered education, Ocean Academy Charter School aims to help every student attain their highest level of academic success.
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Impact
July, 2024
Ocean Academy Charter School has made a significant impact by providing elementary students in Lakewood, NJ with a high quality and student-centered education. By creating a safe, nurturing, and challenging environment, the school empowers all students to achieve their highest level of academic success. Through an educational approach that supports student engagement and encourages students to identify and utilize their own abilities and gifts, Ocean Academy Charter School is helping to shape the future leaders of tomorrow.
This information is meant to be a general summary of Ocean Academy Charter 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 2022.
- Program Service Revenue: $30,455
- Gross Receipts: $8,975,459
Assets and Liabilities:
- Total Assets: $21,424,598
- Total Liabilities: $18,783,956
- Net Assets: $2,640,642
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE
Revenue
$29,090
FOOD SERVICES
Revenue
$1,365
Organization Details
Phone
(732) 987-6525Principal Officer
Anita Lepelstat
Main Address
678 5TH STREET, LAKEWOOD, NJ, 08701
Website
www.oceanacademycharter.comIf you are a representative of Ocean Academy Charter School and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.