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Millennium Education Foundation Inc

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

EIN: 562155785 ✦ Mount airy, NC ✦ Designated as a 501(c)(3)

Overview

What is Millennium Education Foundation Inc?

Millennium Education Foundation Inc is a nonprofit organization situated in Mount Airy, North Carolina, with a primary focus on operating a North Carolina public charter school. Serving approximately 686 students, the foundation played a significant role in the educational sector during the fiscal year ending on June 30, 2023. With a dedicated workforce of 130 employees, Millennium Education Foundation Inc contributes to the community by providing quality educational opportunities for local students, fostering an inclusive and nurturing learning environment. The foundation's mission is centered around the operation of this public charter school, aiming to contribute positively to the lives and futures of its students.


Official website here: www.mcademy.com

Is Millennium Education Foundation Inc legitimate?

Millennium Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millennium Education Foundation 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: $246,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,250,246

For more financial information, click here


Official website here: www.mcademy.com

What is the mission statement of Millennium Education Foundation Inc?

The Millennium Education Foundation Inc's mission is centered around operating a North Carolina public charter school. This mission is carried out by managing a charter school in Mount Airy, North Carolina, serving around 686 students during the fiscal year ending on June 30, 2023. The foundation's primary objective is to provide educational services within this charter school setting. While specific details about the educational approach or other mission-related aspects are not provided, it can be inferred that the foundation's mission revolves around providing quality education within the framework of a public charter school.


Official website here: www.mcademy.com

Who is the CEO of Millennium Education Foundation Inc?

Druery Devore is the President of Millennium Education Foundation Inc.


Official website here: www.mcademy.com

What is the revenue of Millennium Education Foundation Inc?

Millennium Education Foundation Inc's revenue in 2023 was $7,439,334.


Official website here: www.mcademy.com

Who are the executives of Millennium Education Foundation Inc and what are their salaries?

The average compensation at Millennium Education Foundation Inc during 2023 was $26,897. There are 130 employees and 7 volunteers at Millennium Education Foundation Inc.

Here are 8 key members and their salaries:

    Kirby Mccrary (Headmaster E) [Trustee/Director]
  • Compensation: $158,834
  • Related: $0
  • Other: $0

    • Susan Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Crossingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Delp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Druery Devore (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melinda Shew (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Willingham (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mcademy.com

    Where can I find the form 990 for Millennium Education Foundation Inc?

    The Millennium Education Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.mcademy.com

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

    Mission Statement of Millennium Education Foundation Inc

    Millennium Education Foundation Inc is a nonprofit organization dedicated to the operation of a North Carolina public charter school. Their mission is centered around providing educational services to students, as evidenced by their operation of a public charter school in Mount Airy, North Carolina. During the fiscal year ending on June 30, 2023, this school served approximately 686 students. The Foundation's work in education is crucial, contributing to the academic growth and development of the young minds it serves.

    Impact

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




    Saturday, July 20, 2024

    Millennium Education Foundation Inc's impact can be seen through the operation of a North Carolina public charter school in Mount Airy, NC. This school served approximately 686 students for the fiscal year ended 6/30/23. Their mission focused on providing educational opportunities through a public charter school setting, impacting the lives of students in the Mount Airy community. Through their commitment to education, Millennium Education Foundation Inc has played a significant role in shaping the academic and personal growth of the students they serve.





    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: $36,047
  • Program Service Revenue: $274,406
  • Gross Receipts: $7,439,334

    • Assets and Liabilities:
  • Total Assets: $7,433,476
  • Total Liabilities: $11,577,218
  • Net Assets: -$4,143,742
  • Programs

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

    SCHOOL LUNCH REVENUE

    Revenue

    $104,403

    BEFORE AND AFTERS SCHOOL CARE

    Revenue

    $63,050

    EXTRACURRICULAR

    Revenue

    $61,533

    FIELD TRIPS

    Revenue

    $45,420

    Organization Details

    Founding Year

    2000

    Principal Officer

    Druery Devore

    Main Address

    500 OLD SPRINGS ROAD, MOUNT AIRY, NC, 27030

    NTEE Category

    Code: B29 - Education

    If you are a representative of Millennium Education Foundation 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.