Overview
What is Coral Ridge Christian Academy Inc?
Coral Ridge Christian Academy Inc is a nonprofit institution located at 1901 Coral Ridge Drive, Coral Springs, Florida. The organization's primary focus is on early childhood education, specifically catering to nursery and preschool children. Their mission is to foster the mental, physical, and social development of these young learners, encouraging them to reach their full potential. They employ a Christian philosophy of education, blending learning with fun using the A Beka curriculum. The academy invests in various aspects of its programs, including curriculum and teacher supplies, events and activities, utilities, advertising, travel, and even utilizes a portion of its budget for advertising its offerings. The academy currently employs 27 individuals.
Official website here: www.coralridgechristianacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star rating.
Coral Ridge Christian Academy Inc has received a low rating of 48%, indicating significant concerns regarding its accountability and financial management. While the organization boasts a fully independent board and strong oversight mechanisms for audits, it has critical weaknesses that heavily impact its overall score. The lack of essential policies such as a whistleblower policy and document retention guidelines raises questions about transparency and governance.
The organization shows some positive aspects, such as no material diversion of assets and proper documentation of board meeting minutes. However, the financial metrics are particularly troubling, with a program expense ratio of only 4.78%, suggesting that a minimal amount of its expenditures actually supports its programs. This low percentage, combined with a liabilities to assets ratio of 27.36%, indicates potential financial instability.
Overall, while Coral Ridge Christian Academy Inc demonstrates commitment through its governance structure, the shortcomings in financial practices and missing policy documents reveal an urgent need for improvement in its operational transparency and effective fund allocation.
This AI summary has been generated from information found on Charity Navigator.
Is Coral Ridge Christian Academy Inc legitimate?
Coral Ridge Christian Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coral Ridge Christian 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,632
For more financial information, click here
Official website here: www.coralridgechristianacademy.com
What is the mission statement of Coral Ridge Christian Academy Inc?
Coral Ridge Christian Academy Inc's mission is centered around the holistic development of children, focusing on their mental, physical, and social growth. The academy provides preschool programs that motivate and inspire children to reach their full potential. They believe in playing a significant role in helping parents raise well-adjusted individuals. The educational approach at the academy is rooted in Christianity, creating a nurturing environment for children to grow and learn. The A Beka curriculum is utilized to maintain an engaging and enjoyable learning experience.
Official website here: www.coralridgechristianacademy.com
Who is the CEO of Coral Ridge Christian Academy Inc?
Thomas Manning is the President of Coral Ridge Christian Academy Inc.
Official website here: www.coralridgechristianacademy.com
What is the revenue of Coral Ridge Christian Academy Inc?
Coral Ridge Christian Academy Inc's revenue in 2022 was $691,162.
Official website here: www.coralridgechristianacademy.com
Who are the executives of Coral Ridge Christian Academy Inc and what are their salaries?
The average compensation at Coral Ridge Christian Academy Inc during 2022 was $11,875. There are 27 employees at Coral Ridge Christian Academy Inc.
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Official website here: www.coralridgechristianacademy.com
Where can I find the form 990 for Coral Ridge Christian Academy Inc?
Coral Ridge Christian Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coralridgechristianacademy.com
Learn more at the official website: www.coralridgechristianacademy.com
Mission Statement of Coral Ridge Christian Academy Inc
Coral Ridge Christian Academy Inc, a preschool institution, is committed to fostering the overall development of children. Their mission is to create an educational environment that stimulates and motivates children, encouraging them to reach their full potential. The academy embraces a Christian philosophy of education, believing it is their responsibility to aid parents in raising well-adjusted, content individuals. They achieve this through the implementation of engaging and enjoyable learning programs, utilizing the A Beka curriculum. Coral Ridge Christian Academy Inc provides a conducive Christian environment that facilitates growth and development in its students.
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Impact
July, 2024
Coral Ridge Christian Academy Inc's impact is profound in the community of Coral Springs, FL, as it is dedicated to the mental, physical, and social development of children through its nursery and preschool programs. By providing a curriculum that challenges and encourages children to reach their fullest potential within a Christian philosophy of education, the Academy plays a crucial role in helping parents raise happy and well-adjusted individuals. Through events, activities, and utilities support, the Academy creates a nurturing and stimulating environment for young learners, contributing significantly to their overall growth and development.
This information is meant to be a general summary of Coral Ridge Christian 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: $27
- Program Service Revenue: $588,270
- Gross Receipts: $691,162
Assets and Liabilities:
- Total Assets: $620,081
- Total Liabilities: $186,374
- Net Assets: $433,707
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Organization Details
Founding Year
2017
Phone
(954) 731-5433Principal Officer
Thomas Manning
Main Address
1901 Coral Ridge Drive, Coral Springs, FL, 33071
NTEE Category
Code: B21 - Education
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