Overview
What is South Carolina Acceleration Adacemies?
South Carolina Acceleration Academies, specifically the Lowcountry Acceleration Academy, is a nonprofit institution located at 5935 Rivers Ave 101-A, North Charleston, South Carolina. Operating as a South Carolina public charter school this year, it enrolls approximately 180 students from kindergarten to sixth grade. The academy's mission is centered around re-engaging young adults who struggle in traditional high schools. It encourages these individuals to recognize their potential, tackle challenges, boost their confidence, and provide the necessary academic support to earn their high school diploma. This sets them on a path towards a promising future with career prospects.
Official website here: www.lowcountryaccelerationacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
The South Carolina Acceleration Academies has received a Three-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity scored 81% overall, with its rating derived solely from the Accountability & Finance beacon. This high score indicates transparency and effective financial management, which are crucial for donor trust and organizational sustainability.
Strengths of the organization include a fully independent board, with 100% of members meeting independence criteria. Additionally, all financial statements are audited, and there is no evidence of material diversion of assets. The charity also has robust policies in place, including conflict of interest, whistleblower, and document retention policies, contributing to its strong governance framework.
However, the organization does have some limitations, particularly in its liabilities to assets ratio, which stands at 66.56%. While it performs well in program expense ratio at 67.51%, the higher liabilities may indicate financial risks that could affect future operations. Overall, the charity demonstrates strong accountability practices but should be mindful of its financial health moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is South Carolina Acceleration Adacemies legitimate?
South Carolina Acceleration Adacemies is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Acceleration Adacemies 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: $27,657
For more financial information, click here
Official website here: www.lowcountryaccelerationacademy.org
What is the mission statement of South Carolina Acceleration Adacemies?
The mission of South Carolina Acceleration Academies, specifically the Lowcountry Acceleration Academy, is geared towards re-engaging young adults who are struggling in traditional high schools. This is achieved by helping them recognize their potential, overcome barriers, boost their confidence, and offer the necessary academic programming to earn their high school diploma. This educational pathway sets them on a trajectory towards a brighter future and a potential career. During its first year of operation as a South Carolina public charter school, the academy welcomed around 180 students from kindergarten to sixth grade.
Official website here: www.lowcountryaccelerationacademy.org
Who is the CEO of South Carolina Acceleration Adacemies?
Eddie Crosby is the Chairman of South Carolina Acceleration Adacemies.
Official website here: www.lowcountryaccelerationacademy.org
What is the revenue of South Carolina Acceleration Adacemies?
South Carolina Acceleration Adacemies's revenue in 2022 was $1,870,098.
Official website here: www.lowcountryaccelerationacademy.org
Who are the executives of South Carolina Acceleration Adacemies and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.lowcountryaccelerationacademy.org
Where can I find the form 990 for South Carolina Acceleration Adacemies?
South Carolina Acceleration Adacemies's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lowcountryaccelerationacademy.org
Learn more at the official website: www.lowcountryaccelerationacademy.org
Mission Statement of South Carolina Acceleration Adacemies
South Carolina Acceleration Academies, through its Lowcountry Acceleration Academy (LAA), aims to re-engage young adults who are struggling in traditional high schools. The mission of this nonprofit organization is multi-faceted. It seeks to help these students identify their potential, overcome the obstacles that have hindered their success, build their confidence, and provide the necessary academic programming to earn their high school diploma. By doing so, LAA sets these young adults on a path towards a brighter future and potential careers. In its first year of operation as a South Carolina public charter school, LAA enrolled approximately 180 students from kindergarten to sixth grade.
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Impact
July, 2024
South Carolina Acceleration Academies, also known as the Lowcountry Acceleration Academy (LAA), has made a significant impact by re-engaging young adults who were not experiencing success in traditional high school settings. By helping these individuals identify their potential, overcome obstacles, build confidence, and providing the necessary academic programming to earn their high school diploma, LAA is setting these students on a path to a brighter future. This organization, operating as a South Carolina public charter school, has enrolled approximately 180 students from kindergarten to sixth grade in its first year of operation. Through its mission to support and uplift students, LAA is making a positive difference in the lives of these young adults and empowering them to succeed in their academic and professional endeavors.
This information is meant to be a general summary of South Carolina Acceleration Adacemies. 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: $1,870,098
Assets and Liabilities:
- Total Assets: $526,785
- Total Liabilities: $434,830
- Net Assets: $91,955
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Organization Details
Founding Year
2019
Phone
(843) 429-8003Principal Officer
Eddie Crosby
Main Address
5935 RIVERS AVE 101-A, NORTH CHARLESTON, SC, 29406
NTEE Category
Code: B29 - Education
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