Overview
What is Friends Of Academy Of The City Inc?
Friends of Academy of the City Inc. is a nonprofit organization situated in Woodside, New York (11377). Its primary mission is to support the Academy of the City Charter School by addressing its real estate and facility-related needs. The organization raises funds and provides resources to enhance the educational experience of the school's students. This includes offering financial aid for educational enrichment programs and bridging gaps in government-funded educational programs at the school. Friends of Academy of the City Inc. is dedicated to furthering the educational and charitable mission of the Academy of the City Charter School in New York State, as outlined in its certificate of incorporation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Friends Of Academy Of The City Inc has earned a respectable Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The organization achieved a high score primarily due to its strong commitment to financial oversight, including a 95.80% program expense ratio, which signifies that a significant portion of its funds is directed towards its programs.
Strengths include a fully independent board, scoring 100% in that category with all board members being independent. The charity also excels in its audit and oversight practices, reflected in perfect scores across various governance areas, such as conflict of interest and whistleblower policies. These factors contribute to a transparent and well-managed organization.
However, while the overall rating is strong, the evaluation is based solely on the accountability and finance beacon, which may not provide a comprehensive view of the organization's overall impact or effectiveness. Potential donors and supporters may want to consider additional factors, including program outcomes, when assessing the charity's performance.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Academy Of The City Inc legitimate?
Friends Of Academy Of The City Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Academy Of The City 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: $188,812
For more financial information, click here
What is the mission statement of Friends Of Academy Of The City Inc?
Friends of Academy of the City Inc., as outlined in its mission statement, was established to support and enhance the educational and charitable mission of Academy of the City Charter School. This includes providing resources and grants to fund educational enrichment programs at the school and bridging the gap in government-funded educational support. In accordance with its certificate of incorporation, the organization's services and funding are limited to supporting the school. Furthermore, Friends of Academy of the City Inc. assists the school with its real estate and facilities-related needs, raising funds and providing resources to enhance the overall student experience.
What is the revenue of Friends Of Academy Of The City Inc?
Friends Of Academy Of The City Inc's revenue in 2024 was $1,549,678.
Who are the executives of Friends Of Academy Of The City Inc and what are their salaries?
There 3 volunteers at Friends Of Academy Of The City Inc.
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 Friends Of Academy Of The City Inc?
Friends Of Academy Of The City Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Friends Of Academy Of The City Inc
Friends of Academy of the City Inc, as per its certificate of incorporation, is committed to providing funding and services exclusively to Academy of the City Charter School. This nonprofit organization's mission is to support the educational and charitable mission of the school, bridging any gaps in government-funded educational programs. In this role, Friends of Academy of the City Inc offers resources and grants to enrich educational programs at the school, thereby enhancing the overall student experience. Furthermore, the organization also aids in addressing the school's real estate and facilities-related needs by raising funds and providing necessary resources.
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Impact
July, 2024
Friends Of Academy Of The City Inc's impact is focused on supporting the educational and charitable mission of Academy of the City Charter School in New York State. The organization provides resources and financial support to enhance the school's programs and bridge the gap in government-provided assistance. Their efforts include funding education enrichment programs, assisting with real estate and facilities-related needs, and raising funds to improve the overall experience for the school's students. This nonprofit plays a crucial role in furthering the educational goals of the school and ultimately benefiting the students it serves.
This information is meant to be a general summary of Friends Of Academy Of The City 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 2024.
- Investment Income: $1,227,947
- Program Service Revenue: $285,731
- Gross Receipts: $1,549,678
Assets and Liabilities:
- Total Assets: $24,637,902
- Total Liabilities: $22,912,782
- Net Assets: $1,725,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL SERVICES INCOME
Revenue
$285,731
Organization Details
Founding Year
2018
Principal Officer
Stephanie Walker
NTEE Category
Code: B11 - Education
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