Overview
What is New Vision Learning Academy Inc?
New Vision Learning Academy Inc, situated in Monroe, Louisiana, is a type 2 charter school operating independently as a public institution. The primary objective of this nonprofit organization is to foster the personal growth and development of children. With a dedicated workforce of 47 individuals, the academy provides an environment that nurtures and encourages the overall development of its students. The academy's location at 507 Swayze Street in Monroe, Louisiana, serves as a beacon for learning and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
New Vision Learning Academy Inc has received a three-star rating from Charity Navigator, indicating a fair level of performance in accountability and finance. With a score of 78%, the organization demonstrates a strong commitment to transparency and governance, highlighted by its 100% independent board members and effective oversight mechanisms for financial statements. The absence of material diversion of assets further suggests a high standard of integrity in its operations.
The organization's financial health is characterized by a low liabilities-to-assets ratio of 9.09%, indicating a stable financial position. However, its program expense ratio stands at 63.57%, which may imply that there are areas for improvement in allocating resources toward direct programming activities. While the organization performs well in governance, enhancing program efficiency could strengthen its overall impact.
Overall, New Vision Learning Academy Inc shows promising accountability practices and maintains a responsible financial standing. By addressing the balance between administrative costs and program expenditures, the organization could further enhance its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is New Vision Learning Academy Inc legitimate?
New Vision Learning Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Vision Learning 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: $212,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,238,868
For more financial information, click here
What is the mission statement of New Vision Learning Academy Inc?
New Vision Learning Academy Inc's mission is centered around fostering the personal growth and development of its young students. In pursuit of this goal, the organization operates as a Type 2 charter school, functioning independently within the public school system. The academy aims to provide an environment that encourages each child's unique potential, striving for their holistic development. The mission of New Vision Learning Academy Inc is to equip children with the necessary tools and knowledge to navigate their personal and academic journeys effectively.
Who is the CEO of New Vision Learning Academy Inc?
Danny Hunt is the President of New Vision Learning Academy Inc.
What is the revenue of New Vision Learning Academy Inc?
New Vision Learning Academy Inc's revenue in 2022 was $3,536,139.
Who are the executives of New Vision Learning Academy Inc and what are their salaries?
The average compensation at New Vision Learning Academy Inc during 2022 was $30,885. There are 47 employees at New Vision Learning Academy Inc.
Here are 10 key members and their salaries:
- Compensation: $133,800
- Related: $0
- Other: $0
- Compensation: $78,904
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Vision Learning Academy Inc?
New Vision Learning Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Vision Learning Academy Inc
New Vision Learning Academy Inc, as a type 2 charter school, is committed to fostering the personal growth and development of children. The organization functions independently as a public school, with a focus on nurturing the overall development of its students. By providing an educational environment, New Vision Learning Academy Inc aims to contribute to the holistic development of each child, enabling them to reach their full potential. The mission of this institution is deeply rooted in the belief that every child deserves an opportunity to flourish, and it seeks to facilitate this growth through its operations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
New Vision Learning Academy Inc's impact lies in its commitment to enhancing the personal growth and development of children. By operating as a type (2) charter school in Monroe, LA, the organization provides an independent public school option that focuses on the individualized needs of students. Through its mission to foster personal growth, New Vision Learning Academy Inc is making a difference in the education sector, particularly in providing opportunities for children to thrive and develop to their full potential.
This information is meant to be a general summary of New Vision Learning 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,058
- Program Service Revenue: $16,948
- Gross Receipts: $3,536,139
Assets and Liabilities:
- Total Assets: $2,909,725
- Total Liabilities: $541,234
- Net Assets: $2,368,491
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lunch Money
Revenue
$3,993
T-Shirts
Revenue
$12,955
Organization Details
Founding Year
1998
Principal Officer
Danny Hunt
Main Address
507 Swayze Street, Monroe, LA, 71202
NTEE Category
Code: B29 - Education
If you are a representative of New Vision Learning Academy Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.