Overview
What is Somerset Academy Arizona Inc?
Somerset Academy Arizona Inc is a nonprofit organization situated in Phoenix, Arizona. With a strong focus on education, it offers a comprehensive and challenging academic curriculum in a nurturing environment. The institution, home to 149 students as of June 30, 2022, emphasizes student-centered instruction and encourages active involvement from students, families, and communities. Somerset Academy Arizona Inc fosters high-quality education by integrating technology and robust extra-curricular activities into its program. The organization's mission is to promote a transformative culture that enhances student achievement and nurtures accountable, globally-minded learners in a secure and enriching environment. With a team of 25 employees, Somerset Academy Arizona Inc strives to foster lifelong learning.
Official website here: www.somersetskyway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Somerset Academy Arizona Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization’s score is derived from a comprehensive evaluation of its financial health and governance practices, underscoring its commitment to transparency and effective management.
The organization excels in several key areas, including having a fully independent board and a robust financial oversight committee. All board members are independent, which enhances governance, and the organization has no reported issues with asset diversion. Furthermore, its financial ratios indicate a healthy balance between liabilities and assets, as well as a high percentage of expenses directed toward programs.
Despite its strengths, the details provided do not highlight specific program outcomes or community impact metrics, which could provide a more holistic view of the organization's effectiveness. Nonetheless, the financial integrity and governance practices noted suggest that Somerset Academy Arizona Inc is a well-managed nonprofit, prioritizing accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Somerset Academy Arizona Inc legitimate?
Somerset Academy Arizona Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somerset Academy Arizona 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: $842,400
For more financial information, click here
Official website here: www.somersetskyway.org
What is the mission statement of Somerset Academy Arizona Inc?
Somerset Academy Arizona Inc's mission is centered around fostering a transformative culture that optimizes student achievement and develops accountable, globally-minded individuals. This is achieved in a safe and enriching environment that encourages high-quality education. The academy is committed to providing a well-rounded, academic curriculum in a nurturing and stimulating atmosphere, encouraging active involvement from students, families, and communities. It offers a rigorous college-preparatory program with an emphasis on student-centered instruction, enhances classroom studies with technology, and provides robust extra-curricular programs. As of the fiscal year ending June 30, 2022, 149 students were enrolled.
Official website here: www.somersetskyway.org
Who is the CEO of Somerset Academy Arizona Inc?
Lourdes Isla is the Director, President of Somerset Academy Arizona Inc.
Official website here: www.somersetskyway.org
What is the revenue of Somerset Academy Arizona Inc?
Somerset Academy Arizona Inc's revenue in 2022 was $2,041,029.
Official website here: www.somersetskyway.org
Who are the executives of Somerset Academy Arizona Inc and what are their salaries?
The average compensation at Somerset Academy Arizona Inc during 2022 was $33,696. There are 25 employees at Somerset Academy Arizona Inc.
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Official website here: www.somersetskyway.org
Where can I find the form 990 for Somerset Academy Arizona Inc?
Somerset Academy Arizona Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.somersetskyway.org
Learn more at the official website: www.somersetskyway.org
Mission Statement of Somerset Academy Arizona Inc
Somerset Academy Arizona, a notable educational institution, is committed to fostering an environment that encourages transformation and maximizes student achievement. Their mission is multifaceted, encompassing the development of accountable, globally-minded learners. This is accomplished by providing a rigorous, stimulating, and nurturing academic curriculum in a setting reminiscent of a family. The academy actively involves students, families, and communities, offering a comprehensive college-preparatory program with a strong emphasis on student-centered instruction. The curriculum is further enhanced with the integration of technology and a robust selection of extra-curricular activities. The academy's ultimate goal is to establish a nurturing environment that promotes successful lifelong learning for its students. As of the fiscal year ending in June 2022, 149 students were enrolled in Somerset Academy Arizona.
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Impact
July, 2024
Somerset Academy Arizona Inc, operating under the name Somerset Academy of Arizona, is dedicated to providing a well-rounded, academic curriculum in a nurturing and challenging environment. With a focus on student-centered instruction, the academy aims to foster successful lifelong learning among its students. In the fiscal year ending June 30, 2022, Somerset Academy of Arizona had 149 students enrolled at its Skyway Campus in Phoenix, AZ.
Their impact lies in promoting a transformational culture that maximizes student achievement and the development of accountable, global learners. By providing a rigorous college-preparatory program, incorporating technology in classroom studies, and offering robust extracurricular activities, Somerset Academy Arizona Inc is contributing to the growth and success of its students. The emphasis on active involvement of students, families, and communities further enhances the impact of the academy in providing high-quality education within a nurturing 'family-like' environment.
This information is meant to be a general summary of Somerset Academy Arizona 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.
- Program Service Revenue: $13,645
- Gross Receipts: $2,041,029
Assets and Liabilities:
- Total Assets: $658,238
- Total Liabilities: $303,273
- Net Assets: $354,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY SERVICES
Revenue
$13,645
Organization Details
Founding Year
2018
Phone
(305) 669-2906Principal Officer
Lourdes Isla
Main Address
8825 N 23RD AVENUE 100, PHOENIX, AZ, 85021
Website
www.somersetskyway.orgNTEE Category
Code: B29 - Education
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