Overview
What is Medina Academy?
Medina Academy is a renowned educational institution located at 16242 Northup Way, Bellevue, WA 98008. Established with a mission to provide top-notch academics in a nurturing environment, Medina Academy offers programs for preschoolers, kindergarteners, and students up to the eighth grade. Aligning its academic calendar with the Bellevue School District in King County, WA, Medina Academy enrolled 286 students at the end of 2022. The institution is dedicated to ensuring the growth and development of its students, providing them with a supportive and stimulating learning environment. With a team of 62 employees, Medina Academy is committed to fostering academic excellence and nurturing the overall well-being of its students.
Official website here: www.medinaacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Medina Academy has received a rating of 73%, categorized as "Needs Improvement" by Charity Navigator. The organization excels in accountability and finance, achieving a perfect score in this area. Notably, it has a majority independent board, ensuring governance integrity, and maintains a low liabilities to assets ratio, indicating financial stability.
However, there are significant weaknesses highlighted in the financial transparency of the organization. Medina Academy scored poorly on financial statements, document retention policies, and the availability of its tax forms on its website. These issues suggest a lack of adequate financial reporting and public access to key documents, which could impact stakeholder trust and engagement.
The program expense ratio of over 75% indicates that a substantial portion of its budget is directed towards its programs, a positive aspect. Addressing the noted limitations in financial transparency could enhance its reputation and operational effectiveness moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Medina Academy legitimate?
Medina Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medina 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: $83,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,898,642
For more financial information, click here
Official website here: www.medinaacademy.org
What is the mission statement of Medina Academy?
Medina Academy is committed to delivering top-notch academics in a nurturing and enriching environment. Their mission is to provide an educational institution that fosters academic excellence, ensuring each student receives a comprehensive learning experience. The academy offers programs from preschool to the eighth grade, following the academic calendar of the Bellevue School District in King County, WA. As of the end of 2022, the academy had 286 students enrolled in these programs, demonstrating its commitment to educating numerous learners.
Official website here: www.medinaacademy.org
What is the revenue of Medina Academy?
Medina Academy's revenue in 2023 was $2,873,578.
Official website here: www.medinaacademy.org
Who are the executives of Medina Academy and what are their salaries?
The average compensation at Medina Academy during 2023 was $28,454.
Here are 8 key members and their salaries:
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- Compensation: $83,759
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- Other: $0
Official website here: www.medinaacademy.org
Where can I find the form 990 for Medina Academy?
Medina Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.medinaacademy.org
Learn more at the official website: www.medinaacademy.org
Mission Statement of Medina Academy
Medina Academy, an esteemed educational institution, is committed to delivering top-notch academics in a nurturing and enriching environment. Its mission is to provide students with a comprehensive educational experience, encompassing preschool to eighth grade programs. The academy closely aligns its curriculum with the academic calendar of the Bellevue School District in King County, WA. With a student body of 286 in the year 2022, Medina Academy fosters a learning environment that encourages growth and development, ensuring each student receives a well-rounded educational experience.
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Impact
July, 2024
Medina Academy's impact lies in providing the highest quality academics in an enriching and nurturing environment. Through its educational programs, Medina Academy positively influences the lives of its students by offering a comprehensive curriculum that aligns with the Bellevue School District in King County, WA. With 286 students enrolled in various grade levels, the academy plays a crucial role in shaping young minds and fostering a love for learning. Each day, the academy contributes to the academic growth and personal development of its students, preparing them for future success in their educational and professional endeavors.
This information is meant to be a general summary of Medina 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 2023.
- Program Service Revenue: $2,539,934
- Gross Receipts: $2,884,217
Assets and Liabilities:
- Total Assets: $3,954,170
- Total Liabilities: $442,144
- Net Assets: $3,512,026
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$2,274,750
REGISTRATION FEES
Revenue
$241,127
FIELD TRIPS
Revenue
$17,307
EXTENDED DAY CARE
Revenue
$6,750
Organization Details
Founding Year
1999
Principal Officer
Erum Sultan
Website
www.medinaacademy.orgNTEE Category
Code: B21 - Education
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