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Colorado Springs Charter Academy

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

EIN: 201227921 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Colorado Springs Charter Academy?

Colorado Springs Charter Academy is a nonprofit organization that aspires to provide an engaging, stimulating, and inspiring environment for children to unlock their full potential. While specific details about its activities, mission, or any additional programs are not provided in the given information, the description suggests a strong commitment to fostering a stimulating educational setting that enables children to thrive.


Official website here: www.cscharter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Colorado Springs Charter Academy has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is primarily derived from a strong accountability framework, highlighted by a fully independent board and comprehensive oversight measures. The organization has clear policies in place, including conflict of interest and document retention policies, contributing positively to its financial credibility.

Key strengths include a high program expense ratio of 85.63%, indicating a significant portion of funds are directed towards its educational initiatives. The organization has also demonstrated excellent governance practices, with all board members being independent and active oversight through an audit committee. This commitment to transparency and integrity is crucial for stakeholder trust.

However, there are limitations noted, particularly regarding the absence of a whistleblower policy, which could be a concern for some donors. Additionally, the liabilities to assets ratio of 182.99% may suggest financial strain, warranting attention to the organization's long-term sustainability. Overall, while Colorado Springs Charter Academy shows commendable accountability and effective financial management, there are areas for improvement that could strengthen its operational resilience.


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

Is Colorado Springs Charter Academy legitimate?

Colorado Springs Charter Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Springs Charter 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: $98,173
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,989,422

For more financial information, click here


Official website here: www.cscharter.org

What is the mission statement of Colorado Springs Charter Academy?

Colorado Springs Charter Academy's mission is centered around providing a stimulating and challenging environment that encourages children to reach their full potential. This belief is instrumental in shaping their educational approach, aiming to motivate and inspire students to unlock their true capabilities. The academy firmly believes that this environment is essential for children's growth and development.


Official website here: www.cscharter.org

Who is the CEO of Colorado Springs Charter Academy?

Bobby Adams is the Member of Colorado Springs Charter Academy.


Official website here: www.cscharter.org

What is the revenue of Colorado Springs Charter Academy?

Colorado Springs Charter Academy's revenue in 2022 was $4,078,904.


Official website here: www.cscharter.org

Who are the executives of Colorado Springs Charter Academy and what are their salaries?

The average compensation at Colorado Springs Charter Academy during 2022 was $21,302. There are 98 employees and 79 volunteers at Colorado Springs Charter Academy.


Here are 7 key members and their salaries:


Najah Lamborn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Mitchell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Gaebler (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Shaffer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Ajamian (Former Head Of School)
  • Compensation: $88,087
  • Related: $0
  • Other: $5,041


Official website here: www.cscharter.org

Where can I find the form 990 for Colorado Springs Charter Academy?

Colorado Springs Charter Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cscharter.org

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

Mission Statement of Colorado Springs Charter Academy

Colorado Springs Charter Academy, as a nonprofit organization, is deeply committed to providing a dynamic and inspiring environment for its students. They firmly believe that this stimulating and challenging atmosphere is essential for children to realize their full potential. The academy's mission is centered around empowering its students to achieve their true capabilities, encouraging them to reach new heights of achievement and motivation. By cultivating an environment that fosters growth and development, Colorado Springs Charter Academy aims to help its students unlock their true potential and pursue their dreams with confidence and determination.

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Impact




August, 2024

Colorado Springs Charter Academy's impact lies in providing a challenging, stimulating, and motivating environment for children to fulfill their true potential. This institution in Colorado Springs, CO, is dedicated to empowering students with the necessary skills and education to excel in their academic and personal endeavors. Through its commitment to fostering a supportive and dynamic learning atmosphere, Colorado Springs Charter Academy shapes the future leaders and achievers of tomorrow.




This information is meant to be a general summary of Colorado Springs Charter 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
$4,078,904 (2022)
Expenses
$2,793,901 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $753
  • Program Service Revenue: $3,687,240
  • Gross Receipts: $4,078,904

Assets and Liabilities:

  • Total Assets: $3,679,764
  • Total Liabilities: $6,463,718
  • Net Assets: -$2,783,954

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Programs

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

Pupil Funding

Revenue

$3,481,382

District Mill Levy

Revenue

$183,514

Service Fees

Revenue

$22,344

Organization Details

Founding Year

2004

Principal Officer

Bobby Adams

Main Address

2577 Chelton Road, Colorado Springs, CO, 80909

NTEE Category

Code: B20 - Education

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