Chelsea Academy Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822997018 ✦ Front royal, VA ✦ Designated as a 501(c)(3)

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Overview

What is Chelsea Academy Foundation Inc?

Chelsea Academy Foundation Inc, located in Front Royal, Virginia, serves as a supporting organization for Chelsea Academy, Inc. This role primarily involves providing assistance and resources to further the mission of Chelsea Academy, Inc. Specifically, the Foundation operates exclusively to support the activities and purposes of its parent organization, ensuring its success and growth. While the exact nature of the support provided is not specified in the information, it generally involves providing financial, logistical, or operational assistance. The Foundation's work is crucial in ensuring the continued operation and impact of Chelsea Academy, Inc.

Is Chelsea Academy Foundation Inc legitimate?

Chelsea Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chelsea Academy Foundation 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: $0

For more financial information, click here

What is the mission statement of Chelsea Academy Foundation Inc?

Chelsea Academy Foundation Inc serves a supporting role for Chelsea Academy, Inc. Its mission, in essence, is aligned with that of Chelsea Academy, Inc., as it operates to reinforce and enhance its activities. However, the specific mission or goals of Chelsea Academy Foundation Inc are not explicitly provided in the given information. As a supporting organization, its primary function is to aid and assist Chelsea Academy, Inc., without having a separate mission statement of its own.

Who is the CEO of Chelsea Academy Foundation Inc?

J Douglas Mccarthy is the Treasurer of Chelsea Academy Foundation Inc.

What is the revenue of Chelsea Academy Foundation Inc?

Chelsea Academy Foundation Inc's revenue in 2022 was $391,028.

Who are the executives of Chelsea Academy Foundation Inc and what are their salaries?

There 250 volunteers at Chelsea Academy Foundation Inc.


Here are 6 key members and their salaries:


Paul Lagarde (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Douglas Mccarthy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred Regnery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dyric Snyder (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Daniel Gee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Lagarde (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chelsea Academy Foundation Inc?

Chelsea Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chelsea Academy Foundation Inc

Chelsea Academy Foundation Inc serves as a supporting organization for Chelsea Academy, Inc. In this role, its mission is to provide assistance and support to the primary organization. However, the information provided does not detail the specific activities or initiatives undertaken by Chelsea Academy Foundation Inc in support of Chelsea Academy, Inc. As a result, a comprehensive summary of its mission cannot be provided at this time.

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Impact




October, 2024

Chelsea Academy Foundation Inc plays a crucial role in enhancing educational opportunities and resources for students at Chelsea Academy in Front Royal, Virginia. By operating exclusively as a supporting organization, it bolsters the academy’s mission to provide a quality education that fosters academic excellence, personal development, and character building.

The foundation’s impact can be seen in its support for various educational programs, initiatives, and activities that enrich the learning environment. This includes funding for scholarships, academic resources, extracurricular programs, and facilities improvements, all of which contribute to a well-rounded educational experience for students.

Through its efforts, Chelsea Academy Foundation Inc helps to create a nurturing environment where students can thrive, encouraging a love for learning and personal growth. This dedication not only affects current students but also shapes the future of the community by preparing young individuals to become responsible and engaged citizens.




This information is meant to be a general summary of Chelsea Academy Foundation 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.

Revenue
$391,028 (2022)
Expenses
$257,091 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,271
  • Gross Receipts: $434,492

Assets and Liabilities:

  • Total Assets: $6,624,544
  • Total Liabilities: $5,875,617
  • Net Assets: $748,927

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Organization Details

Founding Year

2017

Principal Officer

J Douglas Mccarthy

Main Address

1190 PROGRESS DRIVE, FRONT ROYAL, VA, 22630

NTEE Category

Code: B11 - Education

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