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Reid Traditional Schools' Valley Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 860784125 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Reid Traditional Schools' Valley Academy Inc?

Reid Traditional Schools' Valley Academy Inc, established in 1995, is among Arizona's pioneering charter schools. This nonprofit institution has consistently excelled, receiving the highest possible rating from the Arizona Department of Education annually. Notably, it was awarded the National Blue Ribbon School title in 2014, an honor bestowed by the U.S. Department of Education for its continuous academic excellence. Valley Academy's mission is to deliver traditional education, focusing on a challenging, sequential, teacher-directed curriculum supported by individual accountability and high academic and behavioral standards. Over the years, the school has garnered recognition with awards such as the Arizona Charter Schools Association's 2011 Charter School of the Year, 2010 Business Leadership of the Year, and 2008 Charter School Teacher of the Year. The school currently employs 96 individuals, dedicated to providing quality education to its students.


Official website here: www.valleyacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Reid Traditional Schools' Valley Academy Inc has received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is derived from a comprehensive evaluation of their financial practices and governance, indicating that the organization manages its resources effectively and operates with transparency.

The organization showcases strengths such as having a fully independent board and robust financial oversight, as evidenced by high scores in areas like financial statement audits and the absence of material asset diversion. Their program expense ratio stands at an impressive 88.65%, suggesting that the majority of their funds are directed towards their programming, which is a positive sign for donors concerned about impact.

However, a notable limitation in their financial health is indicated by a liabilities to assets ratio of 78.30%, which may raise concerns about long-term sustainability. While the overall governance and financial practices are commendable, potential supporters should consider this aspect when assessing the organization's stability and future operations.


This AI summary has been generated from information found on Charity Navigator.

Is Reid Traditional Schools' Valley Academy Inc legitimate?

Reid Traditional Schools' Valley Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reid Traditional Schools' Valley Academy 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:

Executive Compensation: $100,056
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,720,282

For more financial information, click here


Official website here: www.valleyacademy.com

What is the mission statement of Reid Traditional Schools' Valley Academy Inc?

Reid Traditional Schools' Valley Academy Inc, established in 1995, is renowned for being one of Arizona's first charter schools. It has received numerous accolades, including the 2014 Blue Ribbon School award from the U.S. Department of Education for its continuous academic excellence. The school has consistently earned the highest rating from the Arizona Department of Education every year of its existence. The mission of Reid Traditional Schools is to provide traditional education with a focus on academic and behavioral standards. This is achieved through a challenging, sequential, teacher-directed, standards-based, textbook-driven curriculum, supported by individual accountability. The school strives to uphold high academic standards, instilling a sense of responsibility and discipline in its students.


Official website here: www.valleyacademy.com

Who is the CEO of Reid Traditional Schools' Valley Academy Inc?

Heidi Mitchell is the Ceo of Reid Traditional Schools' Valley Academy Inc. The CEO's salary of Reid Traditional Schools' Valley Academy Inc is $0 and their total compensation is $171,449.


Official website here: www.valleyacademy.com

What is the revenue of Reid Traditional Schools' Valley Academy Inc?

Reid Traditional Schools' Valley Academy Inc's revenue in 2022 was $6,464,085.


Official website here: www.valleyacademy.com

Who are the executives of Reid Traditional Schools' Valley Academy Inc and what are their salaries?

The average compensation at Reid Traditional Schools' Valley Academy Inc during 2022 was $29,379. There are 96 employees and 200 volunteers at Reid Traditional Schools' Valley Academy Inc.


Here are 6 key members and their salaries (Reid Traditional Schools' Valley Academy Inc's CEO's salary is $0 and their total compensation is $171,449):


Heidi Mitchell (Ceo)
  • Compensation: $0
  • Related: $171,449
  • Other: $0
Victoria Wilber (Principal)
  • Compensation: $100,056
  • Related: $0
  • Other: $0
Parag Chokshi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yogin Patel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cuyler Reid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Letha Warner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valleyacademy.com

Where can I find the form 990 for Reid Traditional Schools' Valley Academy Inc?

Reid Traditional Schools' Valley Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.valleyacademy.com

Learn more at the official website: www.valleyacademy.com

Mission Statement of Reid Traditional Schools' Valley Academy Inc

Reid Traditional Schools' Valley Academy Inc, established in 1995, is renowned for its commitment to traditional education. This charter school has been recognized for its outstanding academic performance, earning the top possible rating from the Arizona Department of Education every year of its existence. The school's mission is to provide a challenging, sequential, teacher-directed curriculum that is standards-based and textbook-driven. This approach is supported by individual accountability and high academic and behavioral standards.

In essence, Reid Traditional Schools' Valley Academy Inc strives to offer a back-to-basics educational experience. By focusing on a teacher-led, standards-based curriculum, the school aims to foster an environment that encourages academic excellence and personal responsibility. The school's consistent high ratings are a testament to its success in achieving this mission.

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Impact




July, 2024

Reid Traditional Schools' Valley Academy Inc, founded in 1995, is one of Arizona's pioneering charter schools. It has consistently achieved the highest rating from the state each year of its operation. Recognized as a National Blue Ribbon School in 2014 by the U.S. Department of Education, this institution has been honored with several accolades, including the 2011 Charter School of the Year award from the Arizona Charter Schools Association (ACSA).

This school's impact is evident in its commitment to providing a challenging, teacher-directed, standards-based education rooted in traditional principles. By setting high academic and behavioral standards, Reid Traditional Schools prepare students for success in college, career, and life. The school's track record of academic excellence and distinguished awards highlight its significant contribution to the educational landscape in Arizona.




This information is meant to be a general summary of Reid Traditional Schools' Valley Academy 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.

Revenue
$6,464,085 (2022)
Expenses
$6,049,117 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $5,927,358
  • Gross Receipts: $6,464,085

Assets and Liabilities:

  • Total Assets: $20,990,076
  • Total Liabilities: $17,277,703
  • Net Assets: $3,712,373

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STATE EQUALIZATION

Revenue

$5,463,722

PROGRAM INCOME

Revenue

$397,547

FOOD SERVICE

Revenue

$66,089

Organization Details

Founding Year

1994

Principal Officer

Heidi Mitchell

Main Address

1520 W ROSE GARDEN LANE, PHOENIX, AZ, 85027

NTEE Category

Code: B20I - Education

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