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First Academy Inc

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

EIN: 061426905 ✦ Bloomfield, CT ✦ Designated as a 501(c)(3)

Overview

What is First Academy Inc?

First Academy Inc, situated in Bloomfield, Connecticut, is a nonprofit organization that prioritizes the well-being of toddlers and children up to pre-kindergarten age, as well as offering summer programs. The organization's mission is to create a safe, nurturing, and developmentally suitable environment that encourages active learning and holistic growth for every child. With a focus on academic excellence, First Academy Inc strives to ensure the success of every child, fostering a diverse community in the process. Additionally, they provide before and after care for families, extending their support beyond the classroom. The organization operates with a team of 21 dedicated individuals.


Is First Academy Inc legitimate?

First Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First 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.

Here are some key statistics you may want to consider:

Executive Compensation: $57,838
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,675

For more financial information, click here


What is the mission statement of First Academy Inc?
Who is the CEO of First Academy Inc?
What is the revenue of First Academy Inc?
Who are the executives of First Academy Inc and what are their salaries?
Where can I find the form 990 for First Academy Inc?

Mission Statement of First Academy Inc

First Academy Inc, as a diverse community, is deeply committed to fostering academic excellence and promoting the successful development of every child. Their mission is twofold. Firstly, they strive to provide a safe and nurturing environment that encourages active learning and supports the holistic development of children, ranging from toddlers to those in pre-kindergarten. This encompasses a broad spectrum of learning experiences, ensuring that each child reaches their full potential. Secondly, First Academy Inc is dedicated to the overall success of every child, which extends beyond the classroom. This commitment is reflected in their provision of before and after care programs, offering families additional support and convenience. In essence, First Academy Inc is a beacon of educational excellence, nurturing and empowering children to thrive in all aspects of their development.

Impact

This information is meant to be a general summary of First Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

First Academy Inc's impact lies in its provision of a safe, nurturing, and developmentally appropriate program that fosters active learning support for children from toddlers through PK4. By offering an effective and safe learning environment as well as before and after care programs for families, First Academy Inc plays a crucial role in the development and education of children in the Bloomfield, CT community. Their commitment to academic excellence and the successful development of every child underscores their dedication to creating a diverse and supportive educational environment.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $0
  • Program Service Revenue: $423,296
  • Gross Receipts: $613,567

    • Assets and Liabilities:
  • Total Assets: $262,428
  • Total Liabilities: $348,881
  • Net Assets: -$86,453
  • Programs

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

    PROVIDED AN EFFECTIVE AND SAFE LEARNING ENVIRNOMEN

    Revenue

    $423,296

    Organization Details

    Founding Year

    2016

    Principal Officer

    Leroy Bailey Iii

    Main Address

    1151 BLUE HILLS AVENUE, BLOOMFIELD, CT, 06002

    NTEE Category

    Code: B21 - Education

    If you are a representative of First 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.