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Yellow Wood Academy

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

EIN: 911148082 ✦ Mercer island, WA ✦ Designated as a 501(c)(3)

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Overview

What is Yellow Wood Academy?

Yellow Wood Academy is a renowned, independent, and accredited nonprofit institution located in Mercer Island, Washington. With a dedicated team of 94 employees, it offers customized educational plans tailored to individual students' needs, catering to those in fourth to twelfth grade. The academy serves over 100 students, both from private families and local school districts, positioning itself as one of the state's prominent non-public educational agencies. Its curriculum covers essential subjects such as science, English language arts, social studies, and mathematics, as well as enriching disciplines like music, foreign languages, art, and design technology. Additionally, Yellow Wood Academy provides over 1,000 hours of tutoring services to support students in their academic journey.


Official website here: www.yellowwoodacademy.org/

What are the reviews and ratings of this charity?

Charity Navigator rating: 84% (Three-Star out of Four Stars)

Yellow Wood Academy has received an 84% score, which translates to a Three-Star rating based on its Accountability & Finance metrics. The strong performance indicates that the organization is well-managed, with effective oversight thanks to its 100% independent board members. The organization has also maintained reliable financial practices, evidenced by a clean audit and no material diversion of assets.

The nonprofit excels in areas such as program expenses, where 76.75% of its budget goes directly to its programs, showing a clear commitment to its mission. However, there are some areas for improvement. Notably, Yellow Wood Academy is missing a whistleblower policy and a document retention and destruction policy, which could potentially impact its overall governance practices.

Despite these limitations, the organization's financial health appears stable, with a liabilities to assets ratio of 55.50%. Overall, Yellow Wood Academy demonstrates a strong commitment to accountability, though addressing the gaps in policies could enhance its rating in future assessments.


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

Is Yellow Wood Academy legitimate?

Yellow Wood Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yellow Wood 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: $186,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,738,109

For more financial information, click here


Official website here: www.yellowwoodacademy.org/

What is the mission statement of Yellow Wood Academy?

Yellow Wood Academy is an independent, accredited institution that offers personalized educational plans for its students. The academy caters to each student's unique needs through one-on-one and small group sessions. The mission of Yellow Wood Academy is to provide a tailored educational experience for students from fourth to twelfth grade, serving over 100 students, both privately and from local school districts. The academy's curriculum includes subjects such as science, English language arts, social studies, and mathematics, as well as extracurricular activities like music, foreign languages, art, and design technology. Additionally, Yellow Wood Academy provides over 1,000 hours of tutoring services to support its students.


Official website here: www.yellowwoodacademy.org/

Who is the CEO of Yellow Wood Academy?

Jed Miley is the Co-Chair of Yellow Wood Academy.


Official website here: www.yellowwoodacademy.org/

What is the revenue of Yellow Wood Academy?

Yellow Wood Academy's revenue in 2022 was $5,789,183.


Official website here: www.yellowwoodacademy.org/

Who are the executives of Yellow Wood Academy and what are their salaries?

The average compensation at Yellow Wood Academy during 2022 was $41,756. There are 94 employees and 5 volunteers at Yellow Wood Academy.


Here are 6 key members and their salaries:


Tricia Montgomery (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Atalla (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Ries (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Giard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Holloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jed Miley (Exec Director)
  • Compensation: $174,999
  • Related: $0
  • Other: $11,943


Official website here: www.yellowwoodacademy.org/

Where can I find the form 990 for Yellow Wood Academy?

Yellow Wood Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yellowwoodacademy.org/

Learn more at the official website: www.yellowwoodacademy.org/

Mission Statement of Yellow Wood Academy

Yellow Wood Academy, an independent and accredited school, is dedicated to providing customized educational plans for students with unique needs. The academy offers one-to-one and small group sessions, tailoring its approach to suit each student's individual requirements. Their mission is to serve students from fourth to twelfth grade, catering to both privately funded families and those referred by local school districts. As one of the state's largest non-public agencies, Yellow Wood Academy has a reputation for its comprehensive curriculum, which includes subjects like science, English language arts, social studies, and mathematics, as well as extracurriculars such as music, foreign languages, art, and design technology. Furthermore, the academy provides over 1,000 hours of tutoring services, ensuring that every student has the opportunity to excel in their academic pursuits.

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Impact




July, 2024

Yellow Wood Academy has had a significant impact on the education sector by providing customized one-to-one and small group educational plans tailored to meet each student's unique needs. Serving over 100 students from fourth to twelfth grades, it has become one of the state's largest non-public agencies. Through its coursework in various subjects such as science, English language arts, social studies, mathematics, music, foreign language, art, and design tech, Yellow Wood Academy has helped students achieve academic success. Additionally, the academy's provision of over 1,000 hours of tutoring services has further contributed to supporting students in their learning journey. In Mercer Island, Washington, Yellow Wood Academy stands as a beacon of personalized education, making a tangible difference in the lives of its students.




This information is meant to be a general summary of Yellow Wood 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.

Revenue
$5,789,183 (2022)
201120122013201420152016201720182019202020212022$0$2M$4M$6M$8M
Expenses
$5,601,574 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%45%70%

Other financial information:

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

  • Investment Income: $1,020
  • Program Service Revenue: $5,775,409
  • Gross Receipts: $5,789,183

Assets and Liabilities:

  • Total Assets: $3,440,905
  • Total Liabilities: $1,344,416
  • Net Assets: $2,096,489

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Programs

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

INSTRUCTIONAL FEES

Revenue

$5,775,409

Organization Details

Founding Year

1983

Principal Officer

Jed Miley

Main Address

9655 SE 36TH ST, MERCER ISLAND, WA, 98040

NTEE Category

Code: B28Z - Education

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