Overview
What is Gan Academy?
Gan Academy is a distinguished nonprofit institution situated in Brooklyn, New York, with an address at 137 Montague Street, ZIP code 11201. The organization prioritizes the holistic development of each child, catering to their social, intellectual, academic, and spiritual needs. Committed to unlocking every child's inherent potential, Gan Academy operates as an independent nonprofit entity, employing a team of 41 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Score: 66%)
Gan Academy has received a Two-Star rating from Charity Navigator, indicating that while the organization maintains a strong accountability and finance score of 100%, there are significant concerns regarding its financial transparency. The organization scored poorly in several key areas, including financial statements, conflict of interest policy, and tax form accessibility, which suggests a lack of adherence to best practices in governance and financial reporting.
Despite the shortcomings in transparency, Gan Academy demonstrates a commitment to its mission, as evidenced by its high program expense ratio of 83.49%. This indicates that a substantial portion of its funding is directed toward its programs rather than administrative costs. The organization benefits from a fully independent board, which is a positive sign of strong governance, earning full points in both board independence and board size metrics.
However, the lack of transparency in financial reporting and governance policies raises concerns about the organization's operational integrity. Addressing these issues will be crucial for Gan Academy to improve its rating and enhance stakeholder trust in its mission and activities.
This AI summary has been generated from information found on Charity Navigator.
Is Gan Academy legitimate?
Gan Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $618,531
For more financial information, click here
What is the mission statement of Gan Academy?
Gan Academy, as an independent non-profit institution, is dedicated to addressing the social, intellectual, academic, and spiritual needs of each child. Their mission is to help each child realize their limitless potential. They strive to create an environment that caters to the unique needs of each student, fostering their growth and development in all aspects of life.
Who is the CEO of Gan Academy?
Avi Lesches is the Chairman of Gan Academy.
What is the revenue of Gan Academy?
Gan Academy's revenue in 2022 was $1,066,084.
Who are the executives of Gan Academy and what are their salaries?
The average compensation at Gan Academy during 2022 was $15,086. There are 41 employees at Gan Academy.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gan Academy?
Gan Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gan Academy
Gan Academy, an independent non-profit organization, is dedicated to catering to the comprehensive needs of each child. Recognizing the limitless potential within every child, Gan Academy strives to foster their social, intellectual, academic, and spiritual growth. The school's mission is to nurture each child, encouraging them to reach their fullest potential.
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Impact
July, 2024
Gan Academy's impact is evident in the holistic development of its students. By focusing on each child's social, intellectual, academic, and spiritual needs, Gan Academy strives to manifest the limitless potential within every student. Through its mission-driven approach, Gan Academy in Brooklyn, NY, goes beyond traditional education models to nurture well-rounded individuals who are prepared to make a positive impact in their communities and beyond.
This information is meant to be a general summary of Gan 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: $918,783
- Gross Receipts: $1,066,084
Assets and Liabilities:
- Total Assets: $259,469
- Total Liabilities: $134,261
- Net Assets: $125,208
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Income
Revenue
$904,483
Donation
Revenue
$14,300
Organization Details
Founding Year
2017
Phone
(718) 344-8086Principal Officer
Avi Lesches
Main Address
137 Montague Street, Brooklyn, NY, 11201
NTEE Category
Code: B24 - Education
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