Overview
What is Future Leaders Of Excellence Academy?
Future Leaders of Excellence Academy (FLOE Academy) is a nonprofit organization located in Goodlettsville, Tennessee. Established in 2022, it serves a growing number of families, currently catering to 27 families with 34 children. FLOE Academy's primary objective is to offer high-quality early childhood education, ensuring a supportive and inclusive environment for children of various developmental levels. The organization aims to prepare children for kindergarten, collaborating with other non-profit organizations to maximize its impact. Throughout the year, FLOE Academy hosts a series of events and activities, such as Spirit Week, family appreciation days, fundraisers, and seasonal celebrations, to engage and support its community. Despite the ongoing impact of COVID-19, the organization continues to enrich the lives of the children and families it serves.
Official website here: www.floeacademy@gmail.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Star rating)
Future Leaders Of Excellence Academy has received a low rating of 58%, indicating concerns in its accountability and financial practices. A significant area of weakness is the lack of independent board members, which raises questions about governance and oversight. Moreover, the absence of financial statements on its website further complicates transparency, with other critical documents also missing, such as the whistleblower and document retention policies.
Despite these issues, the organization demonstrates a strong commitment to its programs, evidenced by a program expense ratio of 98.53%, indicating that nearly all of its expenditures are directed towards its mission. The organization does have some positive aspects, including a listed conflict of interest policy and documentation of board meeting minutes, which are crucial for governance practices.
However, the failure to provide essential financial documents and the lack of independent oversight remain significant limitations. These factors may hinder trust and support from potential donors and stakeholders, highlighting the need for improvements in governance and transparency for the Future Leaders Of Excellence Academy.
This AI summary has been generated from information found on Charity Navigator.
Is Future Leaders Of Excellence Academy legitimate?
Future Leaders Of Excellence Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Leaders Of Excellence 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: $83,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,371
For more financial information, click here
Official website here: www.floeacademy@gmail.com
What is the mission statement of Future Leaders Of Excellence Academy?
Future Leaders of Excellence Academy's mission is centered around providing high-quality early childhood education to children, catering to their developmental levels. The academy is committed to fostering an inclusive environment, caring for children with typical and atypical development alike. Their goal is to prepare children for kindergarten. To maximize their efforts, they seek collaboration with other non-profit organizations.
Official website here: www.floeacademy@gmail.com
Who is the CEO of Future Leaders Of Excellence Academy?
Leslie Buggs is the Board Member of Future Leaders Of Excellence Academy.
Official website here: www.floeacademy@gmail.com
What is the revenue of Future Leaders Of Excellence Academy?
Future Leaders Of Excellence Academy's revenue in 2022 was $837,247.
Official website here: www.floeacademy@gmail.com
Who are the executives of Future Leaders Of Excellence Academy and what are their salaries?
The average compensation at Future Leaders Of Excellence Academy during 2022 was $19,911. There are 15 employees at Future Leaders Of Excellence Academy.
Here are 8 key members and their salaries:
- Compensation: $83,300
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- Other: $0
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Official website here: www.floeacademy@gmail.com
Where can I find the form 990 for Future Leaders Of Excellence Academy?
Future Leaders Of Excellence Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.floeacademy@gmail.com
Learn more at the official website: www.floeacademy@gmail.com
Mission Statement of Future Leaders Of Excellence Academy
Future Leaders Of Excellence Academy, a non-profit organization, is committed to providing quality early childhood education to children, catering to their developmental needs regardless of whether they are typical or atypical. The organization's primary goal is to offer inclusive childcare, preparing these young learners for their transition into kindergarten. To maximize its efforts, Future Leaders Of Excellence Academy seeks collaborations with other non-profit organizations.
In line with its mission, the academy began its operations in 2022, serving 21 families with a total of 25 children. Over the year, it organized several events and activities to engage its families, including Spirit Week in February, Family Appreciation Day in April, a yard sale and fish fry fundraiser, an Easter egg hunt, Muffins with Mom for Mother's Day, Donuts with Dad for Father's Day, a graduation ceremony for kindergarten-bound children, a back-to-school bash, a trunk or treat, a Thanksgiving lunch, and a 5-year anniversary party. These events not only provided fun and engagement opportunities for the children but also helped in their social and emotional development.
Throughout the year, Future Leaders Of Excellence Academy continued to serve more families, growing to 27 families with 34 children by the end of December 2022. Despite the challenges posed by the aftermath of COVID-19, the academy remained committed to its mission, hoping to rebuild and regain momentum in the new year.
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Impact
July, 2024
Future Leaders Of Excellence Academy's impact can be seen in the quality early childhood education they provide to all children, tailored to their individual level of development. By offering inclusive childcare for children of typical and atypical development, they are preparing these young learners for kindergarten and beyond. Through collaboration with other nonprofit organizations, they maximize their efforts to ensure every child receives the support they need.
In addition to their educational mission, Future Leaders Of Excellence Academy engages with families through various events and activities, fostering a sense of community and appreciation. From Spirit Week to holiday celebrations, fundraisers, and special days honoring parents, they create a nurturing environment that extends beyond the classroom.
Although facing challenges due to the aftermath of COVID-19, including difficulty in staffing, Future Leaders Of Excellence Academy continues to persevere and evolve. As they look toward the future, they aim to rebuild with momentum, ensuring that their impact on the lives of children and families in Goodlettsville, TN, remains strong and enduring.
This information is meant to be a general summary of Future Leaders Of Excellence 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.
- Program Service Revenue: $294,770
- Gross Receipts: $837,247
Assets and Liabilities:
- Total Assets: $310,019
- Total Liabilities: $105,798
- Net Assets: $204,221
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$294,770
Organization Details
Founding Year
2017
Phone
(615) 239-8261Principal Officer
Leslie Buggs
Main Address
708 S DICKERSON PIKE, GOODLETTSVILLE, TN, 37072
Website
www.floeacademy@gmail.comNTEE Category
Code: B21 - Education
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