Overview
What is New Way Academy?
New Way Academy is a nonprofit organization situated in Phoenix, Arizona, specifically at 5048 E OAK ST. Their primary focus is on educating children with learning differences, catering to students from kindergarten to high school. The mission of New Way Academy is centered around empowering these children to reach their full potential. With a dedicated workforce of 95 individuals, the organization is committed to providing an inclusive and supportive learning environment.
Official website here: www.newwayacademy.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)**
New Way Academy has achieved a Three-Star rating on Charity Navigator, signifying a solid performance in Accountability & Finance. The organization demonstrates strong governance with 83% of its board members being independent and a substantial focus on program expenses, dedicating approximately 83% of its total expenditure directly to program activities. However, a significant drawback is the lack of accessible financial statements on its website, which affected its overall rating.
User feedback from GreatNonprofits is not available for analysis. Overall, New Way Academy showcases a committed approach to financial responsibility and transparency, though improvements could be made in providing public access to crucial financial documents, which would enhance its accountability.
This AI summary has been generated from information found on Charity Navigator.
Is New Way Academy legitimate?
New Way Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Way 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: $342,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,090,475
For more financial information, click here
Official website here: www.newwayacademy.org
What is the mission statement of New Way Academy?
New Way Academy's mission is centered around educating children with learning differences, with the goal of helping them realize their full potential. This educational institution provides learning opportunities from kindergarten through high school, catering specifically to those with unique learning needs. The mission of New Way Academy is to empower these children, enabling them to navigate their academic journey and thrive in their respective capacities.
Official website here: www.newwayacademy.org
Who is the CEO of New Way Academy?
Stephanie La Loggia is the Treasurer of New Way Academy.
Official website here: www.newwayacademy.org
What is the revenue of New Way Academy?
New Way Academy's revenue in 2022 was $7,067,790.
Official website here: www.newwayacademy.org
Who are the executives of New Way Academy and what are their salaries?
The average compensation at New Way Academy during 2022 was $46,665. There are 95 employees and 40 volunteers at New Way Academy.
Here are 15 key members and their salaries:
- Compensation: $149,357
- Related: $0
- Other: $10,330
- Compensation: $142,789
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- Other: $13,151
- Compensation: $50,578
- Related: $0
- Other: $7,427
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Official website here: www.newwayacademy.org
Where can I find the form 990 for New Way Academy?
New Way Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newwayacademy.org
Learn more at the official website: www.newwayacademy.org
Mission Statement of New Way Academy
New Way Academy, a nonprofit organization, is dedicated to educating children with learning differences, empowering them to reach their full potential. The mission of this institution is to provide a comprehensive learning environment that caters to the unique needs of each student, enabling them to thrive academically and socially. The education provided at New Way Academy spans from kindergarten to high school, ensuring that every child receives the support they need throughout their formative years. The academy's approach is tailored to meet the individual learning needs of each student, fostering an environment where every child can flourish and achieve their goals.
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Impact
July, 2024
New Way Academy's impact lies in its ability to empower children with learning differences to reach their full potential. By providing education specifically tailored to their needs from kindergarten through high school, New Way Academy is equipping these students with the tools and support necessary to succeed academically and beyond. Through its dedicated mission, New Way Academy is making a profound impact on the lives of these students, helping them build confidence, unlock their talents, and thrive in their educational journey.
This information is meant to be a general summary of New Way 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.
- Investment Income: $34,360
- Program Service Revenue: $6,486,158
- Gross Receipts: $7,084,381
Assets and Liabilities:
- Total Assets: $6,706,350
- Total Liabilities: $1,142,813
- Net Assets: $5,563,537
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$6,486,158
Organization Details
Founding Year
1986
Phone
(602) 389-8600Principal Officer
Stephanie La Loggia
Main Address
5048 E OAK ST, PHOENIX, AZ, 85008
Website
www.newwayacademy.orgNTEE Category
Code: B28 - Education
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