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Providence Academy

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

EIN: 830795310 ✦ Parma, OH ✦ Designated as a 501(c)(3)

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Overview

What is Providence Academy?

Providence Academy is a nonprofit institution situated in Parma, Ohio, with a postal address of 12193 W Pleasant Valley Road. Operating as a classical and Christian school, it enrolls students from grades K to 12. The academy maintains a regular student body, sets up a curriculum, and employs a full-time faculty. During the 2022 fiscal year, 19 students were enrolled in grades K through 5. The academy's mission is to equip its students with the discernment to distinguish truth, goodness, and beauty, all in the glory of Christ. With a workforce of seven individuals, Providence Academy is committed to providing a nurturing educational environment that fosters moral and intellectual growth.


Official website here: www.providencecle.com

Is Providence Academy legitimate?

Providence Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence 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: $43,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,880

For more financial information, click here


Official website here: www.providencecle.com

What is the mission statement of Providence Academy?

Providence Academy, a classical and Christian school, is committed to equipping its students with the ability to discern truth, goodness, and beauty, all for the glory of Christ. The institution's mission is to shape its students by maintaining a full-time faculty, establishing a curriculum, and ensuring a consistently enrolled student body. During the 2022 fiscal year, 19 students from grades K through 5 were enrolled in the academy.


Official website here: www.providencecle.com

Who is the CEO of Providence Academy?

Oleh Zhakunets is the Chairman of Providence Academy.


Official website here: www.providencecle.com

What is the revenue of Providence Academy?

Providence Academy's revenue in 2022 was $367,514.


Official website here: www.providencecle.com

Who are the executives of Providence Academy and what are their salaries?

The average compensation at Providence Academy during 2022 was $25,393. There are 7 employees at Providence Academy.


Here are 4 key members and their salaries:


Ivan Bilskiy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Yakovets (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taras Bilskiy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oleh Zhakunets (Head Of School)
  • Compensation: $43,769
  • Related: $0
  • Other: $0


Official website here: www.providencecle.com

Where can I find the form 990 for Providence Academy?

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


Official website here: www.providencecle.com

Learn more at the official website: www.providencecle.com

Mission Statement of Providence Academy

Providence Academy, a classical Christian school, is dedicated to its mission of equipping its students with the wisdom to discern truth, goodness, and beauty. This mission is aimed at glorifying Christ and is achieved through its operation as a classical and Christian educational institution. The school maintains a regular student body, establishes a curriculum, and employs a full-time faculty. During the 2022 fiscal year, 19 students were enrolled in grades K through 5, demonstrating the academy's commitment to providing quality education. By fostering a learning environment that emphasizes the virtues of truth, goodness, and beauty, Providence Academy aims to prepare its students for a fulfilling and meaningful life.

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Impact




October, 2024

Providence Academy significantly impacts the community by providing a classical Christian education for students in grades K-12. By fostering a nurturing environment, the school equips students with the wisdom necessary to distinguish the true, the good, and the beautiful, all for the glory of Christ. The curriculum is thoughtfully established and delivered by a dedicated full-time faculty, ensuring that students are not only academically prepared but also grounded in Christian values.

In the 2022 fiscal year, Providence Academy enrolled 19 students in grades K through 5, demonstrating a commitment to personalized education and community engagement. The school’s focus on a traditional education model promotes critical thinking, moral development, and a love for learning, which prepares students to be thoughtful, responsible citizens in society. By emphasizing these core values, Providence Academy plays a vital role in shaping the character and future of its students while enriching the wider community in Parma, Ohio.




This information is meant to be a general summary of Providence 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.

Revenue
$367,514 (2022)
Expenses
$388,414 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $294,473
  • Gross Receipts: $367,514

Assets and Liabilities:

  • Total Assets: $28,747
  • Total Liabilities: $43,282
  • Net Assets: -$14,535

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITIONS

Revenue

$276,435

ENROLLMENT FEE

Revenue

$9,000

OTHER SCHOOL FEES

Revenue

$7,524

APPLICATION FEE

Revenue

$975

LUNCH FEES

Revenue

$539

Organization Details

Founding Year

2018

Principal Officer

Oleh Zhakunets

Main Address

12193 W PLEASANT VALLEY ROAD, PARMA, OH, 44130

NTEE Category

Code: B20 - Education

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