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Academy Of Arts And Sciences

Monroe Preparatory Academy

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

EIN: 203171729 ✦ Lorain, OH ✦ Designated as a 501(c)(3)

Overview

What is Academy Of Arts And Sciences?

The Academy of Arts and Sciences, identified as Monroe Preparatory Academy in its Doing Business As Name, is a nonprofit organization situated in Lorain, Ohio. With an address at 4101 Leavitt Road, this institution is dedicated to providing educational opportunities for children in grades K-8, as outlined for the 2021-2022 school year. The organization's primary purpose is to offer educational choice to the community, focusing on delivering instructional services to enrolled students within this age group. It operates under the guidelines of IRC 501c3, ensuring its commitment to charitable activities.


Official website here: www.monroeprep.org

Is Academy Of Arts And Sciences legitimate?

Academy Of Arts And Sciences is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Arts And Sciences 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $973,018

For more financial information, click here


Official website here: www.monroeprep.org

What is the mission statement of Academy Of Arts And Sciences?

The Academy of Arts and Sciences was established with the purpose of offering educational options to students and their families in the community. Primarily, it provides instructional services to enrolled students from Grades K-8. According to its Articles of Incorporation, the organization's objectives include setting up and managing a charter school in Ohio, benefitting local children. Furthermore, it can engage in activities aligned with the objectives of a 501c3 corporation, as outlined in Chapter 1702 of the Ohio Revised Code.


Official website here: www.monroeprep.org

Who is the CEO of Academy Of Arts And Sciences?

C David Massa is the Board Member of Academy Of Arts And Sciences.


Official website here: www.monroeprep.org

What is the revenue of Academy Of Arts And Sciences?

Academy Of Arts And Sciences's revenue in 2022 was $3,332,122.


Official website here: www.monroeprep.org

Who are the executives of Academy Of Arts And Sciences and what are their salaries?

Here are 9 key members and their salaries:

    Marcelo Torres (Board Member) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Richard Saul (Board Member) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Ricky Knight (Board Member) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Chris Mills (Board Member) [Trustee/Director]
  • Compensation: $1,375
  • Related: $0
  • Other: $0

    • Suzy Dills (Board President) [Trustee/Director]
  • Compensation: $1,375
  • Related: $0
  • Other: $0

    • Brenda Shelton (Board Member) [Trustee/Director]
  • Compensation: $1,375
  • Related: $0
  • Other: $0

    • Sharon Haynes (Board Member) [Trustee/Director]
  • Compensation: $1,250
  • Related: $0
  • Other: $0

    • Maria Silva (Board Member) [Trustee/Director]
  • Compensation: $1,250
  • Related: $0
  • Other: $0

    • Sandra Fennell (Board Member) [Trustee/Director]
  • Compensation: $500
  • Related: $0
  • Other: $0


  • Official website here: www.monroeprep.org

    Where can I find the form 990 for Academy Of Arts And Sciences?

    The Academy Of Arts And Sciences’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.monroeprep.org

    Learn more at the official website: www.monroeprep.org

    Mission Statement of Academy Of Arts And Sciences

    The Academy of Arts and Sciences is an organization committed to offering educational choices to students and their families within its community. Primarily focused on providing instructional services to enrolled students from Grades K-8, its mission, as stated in its Articles of Incorporation, is multifaceted. It aims to establish and manage a charter school with the intention of benefiting the children and community at large. The Academy of Arts and Sciences also engages in various activities that align with its primary purpose, all falling under the umbrella of a nonprofit organization, as per the guidelines set forth in IRC 501c3.

    Impact

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




    Thursday, August 15, 2024

    The Academy Of Arts And Sciences is making a significant impact by providing educational opportunities to students and families in Lorain, Ohio. Through its instructional services for children in grades K-8, the organization is empowering the community by offering a unique educational choice. By focusing on establishing and running a charter school, the Academy Of Arts And Sciences is directly benefiting the children of the community and fulfilling its mission to provide valuable educational services. Its commitment to operating exclusively as a nonprofit under IRC 501c3 further demonstrates its dedication to serving the community's educational needs.





    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 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $3,332,122

    • Assets and Liabilities:
  • Total Assets: $2,217,120
  • Total Liabilities: $2,481,708
  • Net Assets: -$264,588
  • Organization Details

    Founding Year

    2005

    Principal Officer

    C David Massa

    Main Address

    4101 Leavitt Road, Lorain, OH, 44053

    NTEE Category

    Code: B29 - Education

    If you are a representative of Academy Of Arts And Sciences 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.