Overview
What is East Lake Academy?
East Lake Academy is a nonprofit institution situated in Lake Forest, Illinois. With a strong commitment to Catholic values, it offers elementary education to around 150 students residing in the local area. The academy's primary mission is to provide a nurturing learning environment, fostering the holistic growth and development of its students. With a dedicated team of 28 employees, East Lake Academy is devoted to delivering exceptional education services, contributing positively to the community.
Official website here: www.eastlakeacademy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
East Lake Academy has received a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. With an impressive score of 88 in this category, the organization demonstrates effective governance, exemplified by its fully independent board and robust financial oversight mechanisms. The absence of any material diversion of assets further underscores the reliability of its financial practices.
The academy's strengths are highlighted by high scores in various governance measures, including board composition and financial statement oversight. However, there are notable limitations, such as the absence of a Whistleblower Policy and a Document Retention and Destruction Policy, which may impact its overall governance framework. These areas could benefit from improvement to further enhance accountability.
Overall, East Lake Academy shows strong financial management and accountability practices, making it a commendable choice for potential donors. Addressing the noted governance weaknesses could bolster its transparency and trustworthiness even further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about East Lake Academy?
92% of 11 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Many parents express deep appreciation for the high-quality education provided by East Lake Academy, highlighting the kindness and affection shown towards children. One review stands out with a heartfelt message, emphasizing gratitude for the school and how it has positively impacted their three children.
Overall, the sentiment towards East Lake Academy is overwhelmingly positive, with families feeling supported and thankful for the nurturing environment the institution provides. This has resulted in strong recommendations from parents who value the school’s commitment to education and care for its students.
This AI summary has been generated from reviews found on Facebook.
Is East Lake Academy legitimate?
East Lake Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Lake Academy 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,111,113
For more financial information, click here
Official website here: www.eastlakeacademy.org
What is the mission statement of East Lake Academy?
East Lake Academy's mission is centered around providing quality Catholic elementary education. This mission extends to serving approximately 150 students in an unspecified location. The academy's primary objective is to foster a Catholic educational environment, ensuring that its students receive a comprehensive and faith-based education. By doing so, East Lake Academy aims to contribute positively to the overall development of its students, preparing them for their future endeavors.
Official website here: www.eastlakeacademy.org
Who is the CEO of East Lake Academy?
Daniel Christoffel is the President of East Lake Academy.
Official website here: www.eastlakeacademy.org
What is the revenue of East Lake Academy?
East Lake Academy's revenue in 2023 was $1,713,257.
Official website here: www.eastlakeacademy.org
Who are the executives of East Lake Academy and what are their salaries?
The average compensation at East Lake Academy during 2023 was $39,683. There are 28 employees and 51 volunteers at East Lake Academy.
Here are 4 key members and their salaries:
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Official website here: www.eastlakeacademy.org
Where can I find the form 990 for East Lake Academy?
East Lake Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eastlakeacademy.org
Learn more at the official website: www.eastlakeacademy.org
Mission Statement of East Lake Academy
East Lake Academy, a nonprofit organization, is committed to providing Catholic elementary education to students residing in the Lake Forest area. Its mission is centered around imparting a solid Catholic educational foundation to approximately 150 students within this community. The academy strives to foster a nurturing and supportive learning environment that encourages personal growth, academic excellence, and faith development in each student. Through its dedication to Catholic teachings and values, East Lake Academy aims to prepare its students for a successful journey in their future academic pursuits and personal lives.
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Impact
July, 2024
East Lake Academy's impact is evident in the education it provides to approximately 150 students in the Lake Forest, Illinois area. Through its mission to offer Catholic elementary education, the academy plays a vital role in shaping the academic, moral, and spiritual development of its students. By instilling values and principles rooted in Catholic teachings, East Lake Academy contributes to the community by nurturing responsible and well-rounded individuals who are equipped to make positive contributions to society.
This information is meant to be a general summary of East Lake Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,138
- Program Service Revenue: $1,132,094
- Gross Receipts: $1,808,164
Assets and Liabilities:
- Total Assets: $4,678,956
- Total Liabilities: $1,404,045
- Net Assets: $3,274,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,132,094
Organization Details
Founding Year
2001
Phone
(847) 247-0035Principal Officer
Daniel Christoffel
Main Address
13911 W Laurel Drive, Lake Forest, IL, 60045
Website
www.eastlakeacademy.orgNTEE Category
Code: B20 - Education
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