Overview
What is Life Academy Inc?
Life Academy Inc is a nonprofit organization, recognized under Section 501(c) 3 of the Internal Revenue Code, dedicated to improving community health and wellness. They achieve this through various educational and charitable programs, one of which is a sport camp. Life Academy's mission involves promoting a better quality of life for individuals by offering diverse initiatives that foster overall health and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 14%, Zero-Star out of Four Star Rating
Life Academy Inc has received a low rating of 14% from Charity Navigator, signifying serious concerns regarding its accountability and financial practices. The score is derived solely from the accountability and finance beacon, and it indicates significant deficiencies in key areas such as board independence and financial transparency. Specifically, the organization has no independent board members, which raises questions about governance and oversight.
The evaluation reveals that Life Academy Inc has not provided necessary financial statements, which detracts from its credibility and hinders potential donors' ability to assess its financial health. The organization's program expense ratio is also troubling, with only 3.11% of its expenses allocated to actual program activities, implying that most funds may not be effectively utilized for their intended charitable purposes.
On a positive note, the organization does have a conflict of interest policy in place, which indicates some level of governance awareness. However, the absence of several critical policies and documentation, such as a whistleblower policy and meeting minutes, further underscores the need for improvement in operational transparency and accountability. Overall, potential donors should exercise caution and seek more information before contributing to Life Academy Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Life Academy Inc legitimate?
Life Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Academy 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: $463,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Life Academy Inc?
Life Academy Inc, as per its mission statement, operates with an educational and charitable purpose, falling under Section 501(c) 3 of the Internal Revenue Code. The organization is committed to promoting health and wellness within the community. This is achieved through various programs and initiatives, one of which is a sport camp. Life Academy Inc strives to contribute positively to the community by focusing on health and education, aiming to improve the well-being of its community members.
Who is the CEO of Life Academy Inc?
Tyler R Sultenfuss is the Principal Officer of Life Academy Inc.
What is the revenue of Life Academy Inc?
Life Academy Inc's revenue in 2022 was $782,948.
Who are the executives of Life Academy Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Life Academy Inc?
Life Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Life Academy Inc
Life Academy, a nonprofit organization recognized under Section 501(c) 3 of the Internal Revenue Code, is dedicated to promoting health and wellness within the community. With an educational and charitable purpose at its core, Life Academy undertakes various initiatives to achieve this mission. One of their primary offerings is a sport camp, which likely aims to foster physical health and wellness among community members, particularly children. By providing educational and charitable programs, Life Academy contributes to the overall well-being of the community, addressing various aspects of health and wellness.
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Impact
July, 2024
Life Academy Inc's impact is felt through its promotion of health and wellness in the community through educational and charitable programs. It aims to educate and empower individuals to make healthier choices and lead more fulfilling lives. One notable offering is its sport camp, providing opportunities for physical activity and skill development. Through its educational and charitable initiatives, Life Academy Inc is making a positive difference in Apollo Beach, FL, and beyond, fulfilling its mission of promoting health and wellness for the betterment of the community.
This information is meant to be a general summary of Life Academy 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 2022.
- Gross Receipts: $782,948
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2018
Principal Officer
Tyler R Sultenfuss
Main Address
6520 RICHIES WAY, Apollo Beach, FL, 33572
NTEE Category
Code: E70 - Health
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