Overview
What is Day 1 Academies?
Day 1 Academies, also known as Bezos Academy, is a nonprofit organization dedicated to fostering the potential in each child by broadening access to early childhood education. The organization has grown to include five schools, accommodating up to 200 students. Day 1 Academies has initiated a teacher training program, designed curriculum, and established admissions procedures to ensure a high-quality preschool experience. Their mission is to give every child a strong foundation for future learning by providing them with the benefits of an excellent preschool.
Official website here: www.bezosacademy.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 76%, Three-Star out of Four Star rating.
Day 1 Academies has received a 76% rating from Charity Navigator, indicating a solid performance in accountability and finance. The score reflects a strong emphasis on transparent financial practices, with the organization scoring full points in several key areas, including material diversion of assets, conflict of interest policy, and the whistleblower policy. These elements contribute to a positive impression of the organization's commitment to ethical governance.
The organization demonstrates effective financial management, as evidenced by a low liabilities to assets ratio of 5.34% and an impressive working capital ratio of nearly 5 years. This suggests that Day 1 Academies is in a strong position to meet its financial obligations and sustain its operations over the long term. Additionally, the organization's compensation practices for its CEO are reported transparently, which is an important aspect of accountability.
However, despite the overall positive rating, the charity has room for growth in certain areas. While the organization performs well in governance and accountability, feedback on program impact or effectiveness is not highlighted in the rating, which is a common limitation in scores focused primarily on financial metrics. This leaves potential donors and stakeholders seeking more information on the measurable outcomes of the programs offered by Day 1 Academies.
This AI summary has been generated from information found on Charity Navigator.
Is Day 1 Academies legitimate?
Day 1 Academies is a legitimate nonprofit organization registered as a 501(c)(3) entity. Day 1 Academies 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: $3,074,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,525,206
For more financial information, click here
Official website here: www.bezosacademy.org
What is the mission statement of Day 1 Academies?
Day 1 Academies are dedicated to fostering potential in every young child by broadening their access to quality early childhood education. With the expansion to five schools accommodating 200 students, they have established a comprehensive teacher training program, designed curriculum, and implemented admissions procedures. Their ultimate goal is to ensure that each child receives the strong foundation that an exceptional preschool education provides. Through their efforts, Day 1 Academies aim to equip children with the necessary skills and knowledge to set them up for future success.
Official website here: www.bezosacademy.org
Who is the CEO of Day 1 Academies?
Michael George is the Director of Day 1 Academies.
Official website here: www.bezosacademy.org
What is the revenue of Day 1 Academies?
Day 1 Academies's revenue in 2022 was $111,075,078.
Official website here: www.bezosacademy.org
Who are the executives of Day 1 Academies and what are their salaries?
The average compensation at Day 1 Academies during 2022 was $61,941. There are 381 employees and 7 volunteers at Day 1 Academies.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $794,432
- Related: $0
- Other: $31,489
- Compensation: $435,888
- Related: $0
- Other: $37,885
- Compensation: $310,440
- Related: $0
- Other: $24,548
- Compensation: $336,189
- Related: $0
- Other: $37,893
- Compensation: $380,920
- Related: $0
- Other: $37,909
- Compensation: $304,642
- Related: $0
- Other: $31,465
- Compensation: $280,751
- Related: $0
- Other: $29,876
- Compensation: $327,075
- Related: $0
- Other: $37,884
- Compensation: $269,894
- Related: $0
- Other: $16,900
- Compensation: $264,132
- Related: $0
- Other: $37,390
- Compensation: $236,997
- Related: $0
- Other: $35,349
- Compensation: $205,061
- Related: $0
- Other: $34,200
Official website here: www.bezosacademy.org
Where can I find the form 990 for Day 1 Academies?
Day 1 Academies's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bezosacademy.org
Learn more at the official website: www.bezosacademy.org
Mission Statement of Day 1 Academies
Day 1 Academies, a nurturing nonprofit organization, is dedicated to unlocking the potential in every young child by broadening their access to early childhood education. With a capacity to serve 200 students across five schools, Day 1 Academies has made significant strides in its mission. To ensure the highest quality of education, the organization has established a teacher training program, developed a comprehensive curriculum, and implemented rigorous admissions procedures.
Day 1 Academies envisions every child receiving the strong start that an exceptional preschool education provides. By focusing on early childhood development, this forward-thinking organization aims to create a solid foundation for future learning and success. Through its dedication to providing young children with the best possible start, Day 1 Academies is making a lasting impact on the lives of its students.
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Impact
October, 2024
Day 1 Academies significantly enhances early childhood education access, fostering potential in every child. By expanding to five schools with a capacity for 200 students, it provides high-quality preschool experiences that are crucial for early development. The establishment of a robust teacher training program ensures that educators are well-equipped to nurture young minds, while the development of a comprehensive curriculum and structured admissions procedures establishes a solid foundation for learning. This initiative aims to give every child the great start necessary for future success, contributing to a more equitable educational landscape in Mercer Island, WA.
This information is meant to be a general summary of Day 1 Academies. 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: -$3,925,556
- Gross Receipts: $226,075,712
Assets and Liabilities:
- Total Assets: $109,244,411
- Total Liabilities: $5,843,976
- Net Assets: $103,400,435
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Organization Details
Founding Year
2019
Phone
(844) 302-3540Principal Officer
Michael George
Main Address
3040 78TH AVE SE 1042, MERCER ISLAND, WA, 980409998
Website
www.bezosacademy.orgNTEE Category
Code: B21 - Education
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