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Caravel Academy Inc

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

EIN: 222602110 ✦ Bear, DE ✦ Designated as a 501(c)(3)

Overview

What is Caravel Academy Inc?

Caravel Academy Inc is a distinguished private, non-profit educational institution located at 2801 Del Laws Road, Bear, DE 19701. With a strong focus on college preparation, the school caters to students from preschool to grade 12, accommodating 1117 pupils during the 2021-2022 academic year. Caravel Academy is deeply committed to fostering honesty, personal integrity, and good sportsmanship among its students. The institution's mission is to provide an inclusive and supportive learning environment, aiming to develop well-rounded individuals who embody these core values. With a dedicated workforce of 277 employees, Caravel Academy is devoted to nurturing the academic, social, and personal growth of its student body.


Official website here: www.caravel.org/

Is Caravel Academy Inc legitimate?

Caravel Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caravel 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: $168,013
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,626,416

For more financial information, click here


Official website here: www.caravel.org/

What is the mission statement of Caravel Academy Inc?

Caravel Academy Inc., as a private college preparatory school, is committed to instilling values such as honesty, personal integrity, and good sportsmanship among its students. With a coeducational student body of approximately 1200 pupils, the school emphasizes its non-profit status and provides education for students from preschool to grade 12. The mission of Caravel Academy Inc. is to foster an environment that encourages the holistic growth of its students, promoting academic excellence and moral development.


Official website here: www.caravel.org/

Who is the CEO of Caravel Academy Inc?

Dorothy M Peoples is the President of Caravel Academy Inc.


Official website here: www.caravel.org/

What is the revenue of Caravel Academy Inc?

Caravel Academy Inc's revenue in 2022 was $10,540,566.


Official website here: www.caravel.org/

Who are the executives of Caravel Academy Inc and what are their salaries?

The average compensation at Caravel Academy Inc during 2022 was $20,919. There are 277 employees at Caravel Academy Inc.

Here are 7 key members and their salaries:

    George G Lamey (Head Of School)
  • Compensation: $104,333
  • Related: $0
  • Other: $0

    • Carol P Manubay (Finofficer/Sect) [Trustee/Director]
  • Compensation: $61,795
  • Related: $0
  • Other: $0

    • Dorothy M Peoples (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert C Peoples (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harrison B Peoples (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul S Manubay (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Thomas Peoples (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.caravel.org/

    Where can I find the form 990 for Caravel Academy Inc?

    The Caravel Academy Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.caravel.org/

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

    Mission Statement of Caravel Academy Inc

    Caravel Academy, a distinguished private institution, is committed to instilling values of honesty, personal integrity, and good sportsmanship amongst its pupils. As a coeducational non-profit school, Caravel Academy serves around 1200 students, providing them with a comprehensive education that prepares them for higher learning. The school's mission is to foster an environment that nurtures these core values, encouraging its students to develop into well-rounded individuals. Caravel Academy seeks to shape the future leaders of society, imbuing them with a strong moral compass and a competitive spirit.

    Impact

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




    Thursday, August 15, 2024

    Caravel Academy Inc, through its flagship institution, Caravel Academy, has a significant impact on the education sector by upholding values such as honesty, personal integrity, and good sportsmanship. With a focus on private college preparatory education for grades PN-12, the academy serves around 1200 students. Situated in Bear, Delaware, Caravel Academy is dedicated to providing a high-quality educational experience that fosters academic excellence and character development. The institution's commitment to its mission plays a crucial role in shaping the future leaders of tomorrow.





    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: $5,766
  • Program Service Revenue: $10,508,699
  • Gross Receipts: $10,540,566

    • Assets and Liabilities:
  • Total Assets: $14,425,391
  • Total Liabilities: $1,706,687
  • Net Assets: $12,718,704
  • Programs

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

    OTHER PROGRAM REVENUE

    Revenue

    $238,979

    STUDENT TRANSPORTATION

    Revenue

    $244,580

    TECHNOLOGY FEE

    Revenue

    $191,780

    TUITION

    Revenue

    $9,833,360

    Organization Details

    Founding Year

    1979

    Principal Officer

    Dorothy M Peoples

    Main Address

    2801 DEL LAWS ROAD, BEAR, DE, 19701

    NTEE Category

    Code: B200 - Education

    If you are a representative of Caravel 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.