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Live Oak Academy

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

EIN: 200140345 ✦ Santa clara, CA ✦ Designated as a 501(c)(3)

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Overview

What is Live Oak Academy?

Live Oak Academy is a secondary school situated in Santa Clara, California, dedicated to providing educational support for home-schooled students. Their primary objective is to assist families in their home-schooling journey, ensuring that their children receive a comprehensive educational experience. The academy offers resources and guidance to facilitate a smooth and effective learning process within the home environment.


Official website here: www.liveoakacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% - Two-Star out of Four Stars

Live Oak Academy received a Two-Star rating from Charity Navigator, indicating some concerns in its financial accountability and transparency. While the organization scores well in terms of having an independent board and a strong program expense ratio, it has significant gaps in its financial documentation. Key policies such as those for conflict of interest, whistleblower protections, and document retention are missing, which raises questions regarding the governance and oversight of the organization.

The majority of the board members are independent, which is a positive aspect that suggests a level of integrity in decision-making. The organization also demonstrates effective use of its funds, as evidenced by a high program expense ratio of over 85%, indicating that a large portion of its resources is directed towards its mission-related programs. However, the absence of financial statements and other critical policies may hinder stakeholders' ability to fully assess the nonprofit's financial health and operational effectiveness.

Overall, while Live Oak Academy shows strengths in certain areas, the lack of essential governance policies and financial transparency could be a cause for concern for potential donors and supporters. It is important for the organization to address these shortcomings to enhance trust and accountability in its operations.


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

Is Live Oak Academy legitimate?

Live Oak Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Live Oak 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: $276,401
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,190,516

For more financial information, click here


Official website here: www.liveoakacademy.org

What is the mission statement of Live Oak Academy?

Live Oak Academy, as a high school or secondary school, is dedicated to providing educational support for home schooling. Their mission is centered around assisting families in their home education journey. They aim to enhance the learning experience for home-schooled students by offering resources, guidance, and educational opportunities. Live Oak Academy's activities are geared towards fostering a conducive learning environment for home-schooled students, enabling them to receive a comprehensive education. The organization's mission is to ensure that home-schooled students have access to the same level of education as their counterparts in traditional schools.


Official website here: www.liveoakacademy.org

Who is the CEO of Live Oak Academy?

Steven Depangher is the Board Mber, Dept Head of Live Oak Academy.


Official website here: www.liveoakacademy.org

What is the revenue of Live Oak Academy?

Live Oak Academy's revenue in 2023 was $2,036,288.


Official website here: www.liveoakacademy.org

Who are the executives of Live Oak Academy and what are their salaries?

The average compensation at Live Oak Academy during 2023 was $20,374. There are 72 employees and 87 volunteers at Live Oak Academy.


Here are 10 key members and their salaries:


Elizabeth Mayer (Board Mber, Dept Head)
  • Compensation: $83,851
  • Related: $0
  • Other: $0
Steven Depangher (President, Headmaster)
  • Compensation: $192,550
  • Related: $0
  • Other: $0
Alicia Owen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Owen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Rose (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Rose (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Stansbury (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tayloe Stansbury (Board Chairman, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josephine Caruso (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvadore Caruso (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.liveoakacademy.org

Where can I find the form 990 for Live Oak Academy?

Live Oak Academy's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.liveoakacademy.org

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

Mission Statement of Live Oak Academy

Live Oak Academy, as a high school or secondary education institution, is dedicated to providing support for home schooling. Their mission is centered around offering educational assistance to families who choose to educate their children at home. By taking on this role, Live Oak Academy aims to contribute to the academic growth and development of home-schooled students, ensuring they receive a well-rounded education.

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Impact




October, 2024

Live Oak Academy significantly impacts the homeschooling community by providing structured educational support tailored specifically for high school students. Located in Santa Clara, CA, the academy fosters an environment where homeschooled students can receive quality instruction and access to resources that enrich their learning experience.

The institution enhances the homeschooling journey by offering a curriculum that meets various educational standards, ensuring that students are well-prepared for their future academic pursuits or career paths. By creating a supportive network, Live Oak Academy not only helps students thrive academically but also promotes social engagement through group classes and extracurricular activities, which can be crucial for homeschooled adolescents.

The academy's commitment to fostering a comprehensive educational experience empowers families to navigate the complexities of homeschooling with confidence, ultimately contributing to the growth and development of independent, well-rounded learners.




This information is meant to be a general summary of Live Oak 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.

Revenue
$2,036,288 (2023)
Expenses
$1,966,167 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $114
  • Program Service Revenue: $1,995,874
  • Gross Receipts: $2,044,641

Assets and Liabilities:

  • Total Assets: $536,885
  • Total Liabilities: $111,133
  • Net Assets: $425,752

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Programs

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

TUITION INCOME

Revenue

$1,819,157

EDUCATION AND ADMINISTRATION

Revenue

$102,430

SCHOLARSHIP

Revenue

-$21,343

UNCOLLECTIBLE TUITION

Revenue

-$12,000

ADMISSIONS

Revenue

$30,955

Organization Details

Founding Year

2003

Principal Officer

Steven Depangher

Main Address

2784 HOMESTEAD RD STE 141, SANTA CLARA, CA, 95051

NTEE Category

Code: B24 - Education

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