Overview
What is Cambridge Academy-East Inc?
Cambridge Academy-East Inc is a nonprofit educational institution situated in Arizona. Its primary mission is to offer a top-notch, standards-based education to empower students to utilize their full potential and contribute positively to society as it evolves. The school primarily caters to students in the K-8 age group and is primarily funded by the state of Arizona's equalization. During the 2021 fiscal year, the academy served approximately 350 students.
Official website here: www.cambridgeacademyaz.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
Cambridge Academy-East Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is derived solely from a high score in the Accountability & Finance category, reflecting the charity's commitment to transparency and responsible financial practices. The organization has a robust framework in place, including policies for conflict of interest and whistleblower protections, which contribute positively to its governance structure.
Strengths of Cambridge Academy-East Inc include a strong independent board, with 66% of its members being independent, and exemplary financial reporting practices, evidenced by a clean audit. The charity also demonstrates efficient use of funds, with a program expense ratio of 96.35%, indicating that most of its resources are directed towards its mission-driven programs. These elements suggest that the organization is well-managed and dedicated to its goals.
However, the charity's liabilities to assets ratio is relatively low at 68.64%, which may indicate potential financial risk if liabilities increase. While the organization clearly maintains strong financial accountability, this aspect of its financial health could be a point for further consideration by donors. Overall, Cambridge Academy-East Inc appears to be a trustworthy organization with effective governance and a focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Cambridge Academy-East Inc legitimate?
Cambridge Academy-East Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge Academy-East 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: $241,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,148,036
For more financial information, click here
Official website here: www.cambridgeacademyaz.com
What is the mission statement of Cambridge Academy-East Inc?
Cambridge Academy-East Inc's mission is centered around providing a high-quality, standards-based education to foster the full potential of all its students. This educational institution aims to prepare its K-8 students to become valuable contributors in a rapidly evolving world. The school is primarily funded by the state of Arizona's equalization and served approximately 350 students during the fiscal year 2021.
Official website here: www.cambridgeacademyaz.com
Who is the CEO of Cambridge Academy-East Inc?
Amy Monarrez is the Board Member of Cambridge Academy-East Inc.
Official website here: www.cambridgeacademyaz.com
What is the revenue of Cambridge Academy-East Inc?
Cambridge Academy-East Inc's revenue in 2022 was $3,504,361.
Official website here: www.cambridgeacademyaz.com
Who are the executives of Cambridge Academy-East Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $35,369
- Related: $0
- Other: $0
- Compensation: $72,496
- Related: $0
- Other: $0
Official website here: www.cambridgeacademyaz.com
Where can I find the form 990 for Cambridge Academy-East Inc?
Cambridge Academy-East Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cambridgeacademyaz.com
Learn more at the official website: www.cambridgeacademyaz.com
Mission Statement of Cambridge Academy-East Inc
Cambridge Academy-East Inc, a nonprofit organization, is committed to ensuring that every student realizes their full potential and emerges as a responsible citizen in the rapidly evolving world. To achieve this, the institution provides a high-quality, standards-based education. The primary focus is on serving students from kindergarten to eighth grade. The school's operations are primarily funded by the state of Arizona's equalization funds. During the fiscal year 2021, approximately 350 students benefited from the educational services offered by Cambridge Academy-East Inc.
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Impact
July, 2024
Cambridge Academy-East Inc's impact lies in its dedication to ensuring that all students reach their full potential and become valuable contributors to society in a world that is constantly evolving. By providing a quality, standards-based education, the academy equips approximately 350 students in Mesa, AZ with the necessary skills and knowledge to thrive in their academic and personal lives. Through its mission to offer K-8 education, supported primarily by state funding, Cambridge Academy-East plays a crucial role in shaping the future of its students and preparing them for success in a rapidly changing world.
This information is meant to be a general summary of Cambridge Academy-East 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $620,212
- Program Service Revenue: $2,296,324
- Gross Receipts: $4,134,361
Assets and Liabilities:
- Total Assets: $5,015,169
- Total Liabilities: $5,482,517
- Net Assets: -$467,348
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE EQUALIZATION PROGRAM
Revenue
$2,296,324
Organization Details
Founding Year
2001
Phone
(480) 644-1097Principal Officer
Amy Monarrez
Main Address
9412 EAST BROWN ROAD, MESA, AZ, 85207
Website
www.cambridgeacademyaz.comNTEE Category
Code: B29 - Education
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