Overview
What is The Gary K Herberger Young Scholars Academy?
The Gary K. Herberger Young Scholars Academy is a specialized learning environment situated on the Arizona State University West campus, catering to academically gifted students in grades 7-12. Funded in part by the Herberger family and supported by ASU, this nonprofit institution was established to address the educational needs of intellectually talented students residing in the Phoenix area. Serving 110 students during the 2022 fiscal year, the academy is committed to providing advanced educational opportunities that align with the abilities, strengths, and interests of its profoundly gifted young learners. The mission of The Gary K. Herberger Young Scholars Academy is to foster an inclusive and supportive environment where these students can thrive and maximize their potential.
Official website here: www.herbergeracademy.asu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Stars
The Gary K Herberger Young Scholars Academy has received a two-star rating from Charity Navigator, indicating room for improvement in its accountability and finance practices. The overall score is derived solely from the Accountability & Finance category, where the organization scored 66%. While the charity demonstrated strong performance in areas like material diversion of assets and program expense ratio, it lacked independent board members and received zero points for financial statements.
One of the strengths of the organization is its high program expense ratio of 90.24%, suggesting that a significant portion of its budget is allocated towards its charitable activities. The charity has also implemented robust internal policies, such as those for conflict of interest and whistleblower protections, which reflect positively on its governance structure.
However, the absence of independent board members and the failure to provide financial statements on its website raises concerns about transparency and accountability. These issues could hinder trust among potential donors and stakeholders, highlighting the need for improvements in governance practices to enhance the organization’s overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Gary K Herberger Young Scholars Academy legitimate?
The Gary K Herberger Young Scholars Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gary K Herberger Young Scholars 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: $0
For more financial information, click here
Official website here: www.herbergeracademy.asu.edu
What is the mission statement of The Gary K Herberger Young Scholars Academy?
The Gary K. Herberger Young Scholars Academy's mission is to offer advanced educational opportunities tailored to the abilities, strengths, and interests of profoundly gifted young individuals in grades 7-12. The Academy aims to cater to the needs of academically and intellectually gifted students in the Phoenix area, providing them with an enriching learning environment. Funded in part by the Herberger family endowment and supported by Arizona State University, the Academy serves to bridge the gap for these exceptionally talented students, enrolling 110 students during its 2022 fiscal year.
Official website here: www.herbergeracademy.asu.edu
Who is the CEO of The Gary K Herberger Young Scholars Academy?
Mark House is the President of The Gary K Herberger Young Scholars Academy.
Official website here: www.herbergeracademy.asu.edu
What is the revenue of The Gary K Herberger Young Scholars Academy?
The Gary K Herberger Young Scholars Academy's revenue in 2022 was $1,511,629.
Official website here: www.herbergeracademy.asu.edu
Who are the executives of The Gary K Herberger Young Scholars Academy and what are their salaries?
There 30 volunteers at The Gary K Herberger Young Scholars Academy.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $303,465
- Other: $10,145
- Compensation: $0
- Related: $338,657
- Other: $6,266
- Compensation: $0
- Related: $390,415
- Other: $4,367
- Compensation: $0
- Related: $297,653
- Other: $5,604
- Compensation: $0
- Related: $289,149
- Other: $5,424
- Compensation: $0
- Related: $165,311
- Other: $4,127
Official website here: www.herbergeracademy.asu.edu
Where can I find the form 990 for The Gary K Herberger Young Scholars Academy?
The Gary K Herberger Young Scholars Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.herbergeracademy.asu.edu
Learn more at the official website: www.herbergeracademy.asu.edu
Mission Statement of The Gary K Herberger Young Scholars Academy
The Gary K Herberger Young Scholars Academy is committed to providing advanced educational opportunities for profoundly gifted young people, aligning these opportunities with their abilities, strengths, and interests. This nonprofit organization, founded with the support of the Herberger family and Arizona State University, aims to address the unique needs of academically and intellectually gifted students in the Phoenix area. The academy served 110 students during the fiscal year 2022, demonstrating its dedication to catering to the exceptional educational needs of gifted students in the region.
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Impact
July, 2024
The Gary K Herberger Young Scholars Academy's impact is profound, providing advanced educational opportunities to profoundly gifted young people. Located on the Arizona State University West Campus in Glendale, Arizona, this academy serves highly gifted students in grades 7-12. Supported by ASU and funded in part by an endowment from the Herberger family, the academy is designed to cater to the academic and intellectual needs of gifted students in the Phoenix area. In the fiscal year 2022, the academy successfully served 110 students, offering a specialized learning environment tailored to the abilities, strengths, and interests of these exceptional young scholars.
This information is meant to be a general summary of The Gary K Herberger Young Scholars 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: $1,511,629
- Gross Receipts: $1,511,629
Assets and Liabilities:
- Total Assets: $404,526
- Total Liabilities: $299,210
- Net Assets: $105,316
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,446,829
APPLICATION/TESTING FEES
Revenue
$64,800
Organization Details
Founding Year
2019
Phone
(602) 543-8274Principal Officer
Mark House
Main Address
4825 W UNIVERSITY WAY N, GLENDALE, AZ, 85306
Website
www.herbergeracademy.asu.eduNTEE Category
Code: B25 - Education
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