Overview
What is Noble Academy?
Noble Academy is a nonprofit organization located in Brooklyn Park, Minnesota, specifically at 9477 Decatur Drive N, 55445. The primary mission of Noble Academy is to deliver high-quality, multicultural education that caters to the intellectual, creative, and social needs of all students, from grades K-9. They have managed to maintain financial stability during the fiscal year ending on June 30, 2022, by utilizing additional grants. Despite a decline in enrollment compared to the previous year, Noble Academy continues to provide education to its students. The organization currently employs a team of 77 individuals, dedicated to upholding this mission.
Official website here: www.nobleacademy.us
What are the reviews and ratings of this charity?
Noble Academy has received an impressive Four-Star out of Four Star rating from Charity Navigator, holding a 96% score. This rating primarily reflects the academy's commendable Accountability & Finance metrics, showcasing robust financial health and governance practices, though it does not account for aspects such as Leadership & Adaptability or Impact & Measurement.
The academy scores well in various financial governance categories, emphasizing its sustainability and trustworthiness. Factors such as an independent board, conflict of interest and whistleblower policies, and adequate financial oversight contribute to this strong rating. The high program expense ratio of 79.97% indicates efficient use of funds toward its educational programs.
However, some limitations include the absence of their tax form posting on their website, which affects transparency in this area. Also noteworthy is the lack of impact, culture, and adaptability measurements, hinting at areas for potential growth in comprehensive evaluations of performance. No user reviews were available on GreatNonprofits to provide additional community feedback.
This AI summary has been generated from information found on Charity Navigator.
Is Noble Academy legitimate?
Noble Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Noble 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: $357,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,347,009
For more financial information, click here
Official website here: www.nobleacademy.us
What is the mission statement of Noble Academy?
Noble Academy's mission is centered around providing high-quality, relevant, and multicultural education that caters to the intellectual, creative, and social needs of each student. The academy strives to meet the unique requirements of every child, ensuring a comprehensive educational experience. During the fiscal year ending on June 30, 2022, Noble Academy continued to deliver this standard of education to students in grades K-9. Despite a decline in enrollment compared to the previous year, the academy maintained its financial stability through the strategic use of additional grants.
Official website here: www.nobleacademy.us
Who is the CEO of Noble Academy?
Mai Yia Chang is the Superintendent (Ex-Officio) of Noble Academy. The CEO's salary of Noble Academy is $113,743 and their total compensation is $150,367.
Official website here: www.nobleacademy.us
What is the revenue of Noble Academy?
Noble Academy's revenue in 2022 was $11,766,812.
Official website here: www.nobleacademy.us
Who are the executives of Noble Academy and what are their salaries?
The average compensation at Noble Academy during 2022 was $35,123. There are 77 employees and 25 volunteers at Noble Academy.
Here are 11 key members and their salaries (Noble Academy's CEO's salary is $113,743 and their total compensation is $150,367):
- Compensation: $214,346
- Related: $0
- Other: $65,243
- Compensation: $113,743
- Related: $0
- Other: $36,624
- Compensation: $55,772
- Related: $0
- Other: $9,776
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nobleacademy.us
Where can I find the form 990 for Noble Academy?
Noble Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nobleacademy.us
Learn more at the official website: www.nobleacademy.us
Mission Statement of Noble Academy
Noble Academy, a distinguished educational institution, is committed to delivering high-quality, relevant, and multicultural education that caters to the intellectual, creative, and social needs of each child. The academy's mission is to ensure that every student, from kindergarten to grade nine, receives an education that is tailored to their unique abilities and backgrounds. By embracing diversity and fostering a nurturing learning environment, Noble Academy strives to prepare its students for success in their future endeavors. Despite experiencing a decline in enrollment during the fiscal year ending on June 30, 2022, the academy managed to maintain its financial stability through the strategic use of additional grants.
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Impact
July, 2024
Noble Academy's impact lies in providing high-quality, multicultural education to students in grades K-9, tailored to meet the intellectual, creative, and social needs of each child. Despite facing a decline in enrollment, the school has demonstrated financial stability through the strategic use of additional grants. By fulfilling its mission to offer relevant education to all students, Noble Academy contributes positively to the educational landscape in Brooklyn Park, MN, and beyond.
This information is meant to be a general summary of Noble 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: $19,431
- Program Service Revenue: $29,169
- Gross Receipts: $11,766,812
Assets and Liabilities:
- Total Assets: $16,499,150
- Total Liabilities: $7,538,885
- Net Assets: $8,960,265
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM REVENUE
Revenue
$26,588
CHARGES FOR SERVICES
Revenue
$2,581
Organization Details
Founding Year
2005
Phone
(763) 592-7706Principal Officer
Mai Yia Chang
Main Address
9477 DECATUR DRIVE N, BROOKLYN PARK, MN, 55445
Website
www.nobleacademy.usNTEE Category
Code: B24 - Education
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