Overview
What is The Gray Academy?
The Gray Academy is a private elementary school situated in Santa Monica, California, specifically at 532 Colorado Ave, CA 90401. This institution serves children aged 4.5 to 13, offering a unique blend of customized academic instruction and therapeutic interventions. These therapeutic interventions include occupational therapy, physical therapy, and speech therapy, ensuring a comprehensive approach to cater to the needs of children with neurological disorders. The school also provides enrichment activities for a well-rounded education. The Gray Academy's mission is to manage, operate, guide, direct, and promote this specialized school, striving to support and empower children with neurological disorders. The organization is led by a dedicated team of 7 individuals.
Official website here: www.thegrayacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Gray Academy has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 74%. This rating indicates that while the organization has some strengths, there are areas that require improvement, particularly in financial transparency. The organization boasts a fully independent board, which is a positive aspect, showing commitment to governance standards.
Strengths highlighted include a strong program expense ratio of 77.18%, suggesting that a significant portion of its funding is directed towards programming. Additionally, the organization has scored well on accountability measures such as having a conflict of interest policy, a whistleblower policy, and proper document retention practices. The liability to asset ratio is also commendable, showing no liabilities, which reflects financial stability.
However, limitations are apparent in the financial statements area, where the organization scored 0 out of 15 points, indicating a lack of transparency in financial reporting. The independent board size was also rated poorly, suggesting a need for improvement in board diversity and governance structure. Overall, while The Gray Academy demonstrates effective program spending and governance policies, addressing financial reporting and board size could enhance its standing and impact in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Gray Academy legitimate?
The Gray Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gray 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: $143,360
For more financial information, click here
Official website here: www.thegrayacademy.org
What is the mission statement of The Gray Academy?
The Gray Academy's mission is to oversee, manage, and direct a school that caters to children with neurological disorders. Their primary objective is to provide a nurturing environment that offers customized academic instruction along with therapeutic interventions, such as occupational therapy, physical therapy, and speech therapy. In addition to academic sessions, the school offers enrichment activities to ensure a holistic development of its students.
Official website here: www.thegrayacademy.org
Who is the CEO of The Gray Academy?
Kristen Gray is the Director & Ceo of The Gray Academy. The CEO's salary of The Gray Academy is $0 and their total compensation is $0.
Official website here: www.thegrayacademy.org
What is the revenue of The Gray Academy?
The Gray Academy's revenue in 2022 was $743,557.
Official website here: www.thegrayacademy.org
Who are the executives of The Gray Academy and what are their salaries?
The average compensation at The Gray Academy during 2022 was $20,480. There are 7 employees and 2 volunteers at The Gray Academy.
Here are 3 key members and their salaries (The Gray Academy's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thegrayacademy.org
Where can I find the form 990 for The Gray Academy?
The Gray Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thegrayacademy.org
Learn more at the official website: www.thegrayacademy.org
Mission Statement of The Gray Academy
The Gray Academy, a distinguished private elementary school, is committed to managing, operating, guiding, directing, and promoting an educational institution for children with neurological disorders. Its mission extends beyond mere education, incorporating individualized academic instruction alongside traditional therapeutic interventions such as occupational therapy, physical therapy, and speech therapy. By integrating these services, The Gray Academy aims to cater to each child's unique needs, ensuring they receive a comprehensive education that fosters their personal growth and development. Additionally, the academy offers enrichment activities to enrich the children's learning experience, providing a well-rounded educational journey for those with neurological disorders.
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Impact
July, 2024
The Gray Academy's impact is profound in providing custom, individualized academic instruction and traditional therapeutic interventions to children with neurological disorders. By offering a holistic approach that includes occupational therapy, physical therapy, speech therapy, and enrichment activities, the school serves as a crucial resource for children aged 4 1/2 to 13 in Santa Monica, CA. Through its dedicated mission to manage, operate, guide, direct, and promote educational opportunities for these students, The Gray Academy plays a vital role in enhancing the lives and educational experiences of children with neurological disorders.
This information is meant to be a general summary of The Gray 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: $439,004
- Gross Receipts: $784,317
Assets and Liabilities:
- Total Assets: $685,985
- Total Liabilities: $0
- Net Assets: $685,985
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$439,004
Organization Details
Founding Year
2018
Phone
(310) 393-5115Principal Officer
Kristen Gray
Main Address
532 COLORADO AVE, SANTA MONICA, CA, 90401
Website
www.thegrayacademy.orgNTEE Category
Code: B28 - Education
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