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New Vision Charter School

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

EIN: 050614578 ✦ Loveland, CO ✦ Designated as a 501(c)(3)

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Overview

What is New Vision Charter School?

New Vision Charter School, situated in Loveland, Colorado, is a nonprofit institution with a focus on education. Their mission is to inspire, motivate, and empower students, guiding them to persist in their pursuit of becoming lifelong learners. The school serves approximately 874 students and employs a team of 111 dedicated individuals. The school's operations aim to provide a conducive environment that fosters growth and learning for its students.


Official website here: www.newvisioncharterschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63% (Two-Star out of Four Stars)

New Vision Charter School holds a Two-Star rating from Charity Navigator, indicating a need for improvement in accountability and finance. While the organization scores well in areas such as having a fully independent board and effective audit oversight, significant weaknesses are evident, particularly in its financial ratios. The liabilities to assets ratio is concerning, suggesting potential financial instability.

The nonprofit demonstrates strengths, including a clear conflict of interest policy and comprehensive documentation practices, which contribute positively to its governance structure. The presence of independent board members and regular documentation of board meeting minutes enhances transparency and accountability. These factors reflect a commitment to maintaining ethical operations.

However, the low program expense ratio indicates that a smaller proportion of its budget is directed toward program services, raising questions about the effectiveness and efficiency of its resource allocation. Addressing these financial concerns could significantly improve its rating and overall impact on the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is New Vision Charter School legitimate?

New Vision Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Vision Charter School 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: $3,769,191

For more financial information, click here


Official website here: www.newvisioncharterschool.org

What is the mission statement of New Vision Charter School?

The New Vision Charter School's mission is centered around inspiring and motivating its students. The institution aims to continually challenge its pupils, encouraging them to persist in their pursuit of knowledge. This mission is geared towards fostering in students the desire to become lifelong learners. The school's operations serve approximately 874 students, all of whom are encouraged and empowered daily on their educational journeys.


Official website here: www.newvisioncharterschool.org

Who is the CEO of New Vision Charter School?

Timothy Bishop is the Executive Director of New Vision Charter School.


Official website here: www.newvisioncharterschool.org

What is the revenue of New Vision Charter School?

New Vision Charter School's revenue in 2022 was $11,623,974.


Official website here: www.newvisioncharterschool.org

Who are the executives of New Vision Charter School and what are their salaries?

The average compensation at New Vision Charter School during 2022 was $33,957. There are 111 employees and 88 volunteers at New Vision Charter School.


Here are 6 key members and their salaries:


Rick Daley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Braggins (Vice Presisent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Walker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Loeb (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nightingale (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Bishop (Executive Director)
  • Compensation: $127,200
  • Related: $0
  • Other: $26,585


Official website here: www.newvisioncharterschool.org

Where can I find the form 990 for New Vision Charter School?

New Vision Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newvisioncharterschool.org

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

Mission Statement of New Vision Charter School

New Vision Charter School, as outlined in its mission statement, is committed to inspiring and motivating its students daily. The institution's primary goal is to foster an environment that encourages perseverance, ultimately leading its students to develop into dedicated lifelong learners. By challenging its students, New Vision Charter School aims to instill in them the resilience and determination needed to overcome any academic hurdles they may encounter. This mission is carried out by providing a supportive learning environment that empowers each student to embark on their educational journey with confidence. The school serves around 874 students, providing them with the tools and encouragement necessary to achieve their full potential.

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Impact




July, 2024

New Vision Charter School positively impacts approximately 874 students in Loveland, CO by challenging, encouraging, and empowering them to persevere on their journey to becoming lifelong learners. Through its educational programs, the school plays a crucial role in shaping the academic and personal development of its students.




This information is meant to be a general summary of New Vision Charter School. 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.

Revenue
$11,623,974 (2022)
Expenses
$10,480,227 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $113,506
  • Program Service Revenue: $9,724,180
  • Gross Receipts: $11,623,974

Assets and Liabilities:

  • Total Assets: $42,182,430
  • Total Liabilities: $46,532,121
  • Net Assets: -$4,349,691

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Programs

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

Per Pupil Revenue

Revenue

$8,181,336

Mill Levy Override

Revenue

$1,443,118

Tuition and Fees

Revenue

$99,726

Organization Details

Founding Year

2004

Principal Officer

Timothy Bishop

Main Address

299 PERIDOT ST, LOVELAND, CO, 805375197

NTEE Category

Code: B29 - Education

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