Overview
What is Geo Academies Inc?
Geo Academies Inc is a nonprofit organization, specifically focusing on operating the Next Generation High School. Their mission is to combat poverty by providing exceptional education, cultivating the full potential of their students. By adopting a holistic approach, they assure that all learners acquire essential skills commensurate with their age and grade level. This comprehensive education philosophy is central to Geo Academies Inc's ethos.
Official website here: www.geoacademies.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Geo Academies Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of effectiveness and accountability in its operations. The organization demonstrates strong governance, with a fully independent board and comprehensive policies in place, such as conflict of interest and whistleblower protections. These aspects suggest that the organization is committed to ethical practices and transparency.
However, the overall financial health of Geo Academies Inc raises concerns, particularly highlighted by a high liabilities to assets ratio of 181.15%. This ratio signals potential financial instability, which may hinder the organization's ability to sustain its programs and services over time. Additionally, the absence of financial statements limits the ability to fully assess its fiscal responsibility.
On a positive note, Geo Academies Inc allocates a significant portion of its budget to program expenses, with a program expense ratio of 92.66%. This indicates that the charity focuses its resources primarily on its mission-driven activities, suggesting a commitment to effectively serving its target community despite the financial challenges it faces.
This AI summary has been generated from information found on Charity Navigator.
Is Geo Academies Inc legitimate?
Geo Academies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geo Academies 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $994,128
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Official website here: www.geoacademies.org
What is the mission statement of Geo Academies Inc?
Geo Academies Inc, through its subsidiary, Next Generation High School, aims to combat poverty by providing quality education. Their mission is to nurture and develop the full potential of their students, ensuring they acquire essential skills commensurate with their age and grade level. The educational approach at Next Generation High School is holistic, focusing on the overall development of each student.
Official website here: www.geoacademies.org
Who is the CEO of Geo Academies Inc?
Unavailable
Official website here: www.geoacademies.org
What is the revenue of Geo Academies Inc?
Geo Academies Inc's revenue in 2022 was $2,770,116.
Official website here: www.geoacademies.org
Who are the executives of Geo Academies Inc and what are their salaries?
The average compensation at Geo Academies Inc during 2022 was $22,594. There are 44 employees and 8 volunteers at Geo Academies Inc.
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Official website here: www.geoacademies.org
Where can I find the form 990 for Geo Academies Inc?
Geo Academies Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.geoacademies.org
Learn more at the official website: www.geoacademies.org
Mission Statement of Geo Academies Inc
Geo Academies Inc, through its Next Generation High School, is committed to combating poverty by providing top-notch education. Their mission is to unlock the full potential of each student by embracing a holistic approach to learning. This entails ensuring that every student reaches a level of competence in fundamental skills that aligns with their age and grade level. By fostering the whole person, the school aspires to surmount poverty and empower its students to reach new heights.
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Impact
July, 2024
Geo Academies Inc, through its Next Generation High School program, is making a significant impact in Indianapolis, IN, by beating poverty through quality education. Their mission is to develop the highest potential of students by educating the whole person, ensuring that all students achieve basic skills appropriate for their age and grade level. This focus on quality education provides students with the tools and resources they need to overcome the barriers of poverty and reach their full potential. Through their dedication to education, Geo Academies Inc is making a positive difference in the lives of students and the community as a whole.
This information is meant to be a general summary of Geo Academies 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.
- Investment Income: -$17,682
- Program Service Revenue: $162,907
- Gross Receipts: $2,801,134
Assets and Liabilities:
- Total Assets: $1,711,790
- Total Liabilities: $3,132,013
- Net Assets: -$1,420,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student Meals
Revenue
$126,219
Special Education Services
Revenue
$19,038
Summer School
Revenue
$17,650
Organization Details
Founding Year
2019
Phone
(317) 536-1027Main Address
3145 N Meridian Street, Indianapolis, IN, 46208
Website
www.geoacademies.orgNTEE Category
Code: B29 - Education
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