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Zarephath Academy Inc

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

EIN: 263298970 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

Overview

What is Zarephath Academy Inc?

Zarephath Academy Inc, situated in Jacksonville, Florida, is a nonprofit organization that focuses on providing quality education to underserved children. Operating at 1028 E 10th St, the institution offers a faith-based curriculum for students from Kindergarten to Twelfth Grade. The school receives scholarship assistance from the state of Florida and tuition payments from its students' families. Notably, the tuition payments are not eligible for tax deductions. This K-12 institution aims to serve its community by offering a comprehensive education experience. With a team of 30 dedicated employees, Zarephath Academy Inc strives to make a positive impact in the lives of its students.


Official website here: www.zarephathacademy.com

Is Zarephath Academy Inc legitimate?

Zarephath Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zarephath 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $751,524

For more financial information, click here


Official website here: www.zarephathacademy.com

What is the mission statement of Zarephath Academy Inc?

Zarephath Academy Inc, as a K-12 institution, is committed to offering faith-based education to all its students. The school achieves this mission by providing quality education to underserved children with the assistance of scholarship funds from the state of Florida and tuition payments from the families of its students. It's worth noting that the tuition payments are not eligible for tax deductions. The primary goal of Zarephath Academy Inc is to make quality education accessible and affordable for a broad range of students.


Official website here: www.zarephathacademy.com

Who is the CEO of Zarephath Academy Inc?

Jerry Brant is the Executive Director of Zarephath Academy Inc.


Official website here: www.zarephathacademy.com

What is the revenue of Zarephath Academy Inc?

Zarephath Academy Inc's revenue in 2023 was $2,029,044.


Official website here: www.zarephathacademy.com

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

The average compensation at Zarephath Academy Inc during 2023 was $25,051. There are 30 employees at Zarephath Academy Inc.

Here are 3 key members and their salaries:

    Jerry Brant (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Brant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Mingo (Principal) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.zarephathacademy.com

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

    The Zarephath Academy Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.zarephathacademy.com

    Learn more at the official website: www.zarephathacademy.com

    Mission Statement of Zarephath Academy Inc

    Zarephath Academy Inc, a K-12 institution, is dedicated to delivering faith-based education to all its students. At the heart of its mission is the provision of quality education for children from underserved backgrounds. This is achieved through the utilization of tax credit scholarships, as well as tuition payments made by the families of its enrolled students. It's important to note that while the school receives financial assistance from the state of Florida, the tuition payments are not eligible for tax deductions.

    Impact

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




    Thursday, August 15, 2024

    Zarephath Academy Inc's impact can be seen in the provision of quality education to underserved children in Jacksonville, Florida. Through tax credit scholarships and assistance from the state of Florida, the school ensures that students receive a faith-based education from kindergarten through 12th grade. This helps in nurturing and empowering students to reach their full potential academically and spiritually.





    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 2023.

  • Investment Income: $200
  • Program Service Revenue: $2,028,844
  • Gross Receipts: $2,029,044

    • Assets and Liabilities:
  • Total Assets: $296,200
  • Total Liabilities: $1,495,566
  • Net Assets: -$1,199,366
  • Programs

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

    National Lunch Program

    Revenue

    $1,516,616

    FES

    Revenue

    $11,282

    Food Program

    Revenue

    $643,649

    SUFS

    Revenue

    $1,875

    Organization Details

    Founding Year

    2008

    Principal Officer

    Jerry Brant

    Main Address

    1028 E 10th St/, Jacksonville, FL, 322063912

    NTEE Category

    Code: X20 - Religion related

    If you are a representative of Zarephath 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.