Overview
What is Harmel Academy Of The Trades?
Harmel Academy of Trades is a post-secondary institution situated in Grand Rapids, Michigan. This nonprofit organization offers specialized technical training in various skilled trades, catering exclusively to male students. The academy operates on a tuition-based model, making it a residential Catholic trade school. Its primary objective is to empower students by equipping them with expert skills in their chosen trades, while simultaneously fostering their spiritual growth within the Catholic faith. With a team of eleven dedicated individuals, Harmel Academy of Trades provides a unique blend of vocational training and faith-based development.
Official website here: www.harmelacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Harmel Academy of the Trades demonstrates some accountability in areas such as board independence and financial audits, it has notable areas for improvement. The organization scored well in several key areas, including a high percentage of independent board members and a robust program expense ratio, suggesting a commitment to directing funds towards its mission.
However, the nonprofit has weaknesses that impact its overall rating. The absence of a whistleblower policy and a document retention policy raises concerns about transparency and governance practices. Additionally, the nonprofit's tax form is not accessible on its website, which could hinder public trust and accountability.
Financially, the academy has a high liabilities-to-assets ratio of 85.60%, indicating potential challenges in managing its debt relative to its assets. While its program expense ratio of 70.90% is a positive sign of its investment in programs, the overall financial health appears to need attention. These limitations suggest that while the Harmel Academy of the Trades is dedicated to its mission, there are areas that require strengthening to ensure long-term sustainability and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Harmel Academy Of The Trades legitimate?
Harmel Academy Of The Trades is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harmel Academy Of The Trades 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: $116,375
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,557
For more financial information, click here
Official website here: www.harmelacademy.org
What is the mission statement of Harmel Academy Of The Trades?
Harmel Academy of Trades is a post-secondary institution that specializes in technical training for skilled trades. Its mission is to transform men into experts in their chosen fields while simultaneously fostering their Catholic faith. At this academy, students receive tuition-based education in a residential setting, creating an environment that combines vocational learning with spiritual growth.
Official website here: www.harmelacademy.org
What is the revenue of Harmel Academy Of The Trades?
Harmel Academy Of The Trades's revenue in 2024 was $840,854.
Official website here: www.harmelacademy.org
Who are the executives of Harmel Academy Of The Trades and what are their salaries?
The average compensation at Harmel Academy Of The Trades during 2024 was $43,437. There are 9 employees and 7 volunteers at Harmel Academy Of The Trades.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $45,232
- Related: $0
- Other: $0
- Compensation: $86,021
- Related: $0
- Other: $20,040
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.harmelacademy.org
Where can I find the form 990 for Harmel Academy Of The Trades?
Harmel Academy Of The Trades's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.harmelacademy.org
Learn more at the official website: www.harmelacademy.org
Mission Statement of Harmel Academy Of The Trades
Harmel Academy of the Trades is a post-secondary institution that stands out for its unique approach to technical education. Located in Michigan, this institution is specifically designed for men, providing them with the opportunity to excel in various skilled trades while simultaneously fostering their Catholic faith. The academy's mission is to transform young men into experts in their chosen trades, all while nurturing their spiritual growth.
At Harmel Academy of the Trades, education goes beyond just acquiring technical skills. It is a holistic experience that integrates vocational training with spiritual growth. The academy operates as a tuition-based residential Catholic trade school, providing a nurturing environment where students can hone their skills in various trades while being guided by their faith. The mission of Harmel Academy of the Trades is to equip its students with the necessary skills to succeed in their chosen trade, while also instilling in them a strong sense of values and morality.
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Impact
July, 2024
Harmel Academy of the Trades in Grand Rapids, Michigan, is making a significant impact by providing post-secondary technical training in skilled trades to men while fostering their Catholic faith. This unique combination sets the academy apart, offering a specialized educational experience that equips students with valuable skills and values.
By offering tuition-based residential programs, Harmel Academy is not only helping individuals gain expertise in various trades but also facilitating personal growth and character development within a faith-based environment. This holistic approach to education ensures that graduates not only excel in their chosen field but also carry with them a strong foundation of moral and spiritual principles.
Through its mission to empower men with technical skills and enrich their Catholic faith, Harmel Academy of the Trades is shaping the future workforce by producing individuals who are not only competent professionals but also compassionate and ethical members of society. This dual emphasis on skill development and spiritual growth showcases the academy's commitment to fostering well-rounded individuals who can positively contribute to their communities and industries.
This information is meant to be a general summary of Harmel Academy Of The Trades. 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: $51
- Program Service Revenue: $567,349
- Gross Receipts: $840,854
Assets and Liabilities:
- Total Assets: $570,074
- Total Liabilities: $174,536
- Net Assets: $395,538
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT INCOME
Revenue
$505,843
PROGRAM INCOME
Revenue
$49,312
FORGE SALES
Revenue
$12,194
Organization Details
Founding Year
2018
Principal Officer
Brian Black
Website
www.harmelacademy.orgNTEE Category
Code: B30 - Education
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