Overview
What is Eastlake High School?
Eastlake High School, formerly known as the Life Skills Center of Colorado Springs, is a nonprofit institution located in Colorado Springs, Colorado. Its primary mission is to offer educational services to students who are struggling in a traditional high school setting or are at risk of dropping out. By providing an individualized, self-paced, computer-based education, Eastlake High School aims to empower these students. Furthermore, the school complements its academic curriculum with life skills and vocational training programs, ensuring a holistic approach to education. The institution is tuition-free, making it an accessible option for those in need. In summary, Eastlake High School is a compassionate learning environment that caters to at-risk students, offering them a second chance at high school education while equipping them with essential life skills and vocational training.
Official website here: www.eastlakehs.net/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Eastlake High School has received a two-star rating from Charity Navigator, indicating that while some aspects of its operations are strong, there are significant areas needing improvement. The school boasts a high program expense ratio of 84.24%, suggesting that a substantial portion of its budget is directed towards its educational programs. Additionally, it has a fully independent board and adheres to sound financial oversight practices, which are positive indicators of its governance.
However, several critical weaknesses have been identified. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about transparency and accountability. Furthermore, the school's liabilities to assets ratio is notably high at 211.73%, which could signal financial instability. The missing tax form on the nonprofit's website also detracts from its overall accountability.
Overall, while Eastlake High School demonstrates a commitment to its educational mission and governance, it must address its structural deficiencies to enhance its transparency and financial health. Stakeholders are encouraged to take these factors into consideration when evaluating the nonprofit's effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Eastlake High School legitimate?
Eastlake High School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastlake High 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: $668,938
For more financial information, click here
Official website here: www.eastlakehs.net/
What is the mission statement of Eastlake High School?
Eastlake High School, originally known as the Life Skills Center of Colorado Springs, was established with a mission to offer educational services to students who are struggling in a traditional high school setting and are at risk of dropping out. The school provides an individualized, self-paced, and computer-based education, complemented by life skills and vocational training. This tuition-free institution aims to help these students attain a high school education and gain valuable job skills, ultimately equipping them to navigate life more effectively. The school's mission is to empower these students, providing them with the necessary tools to thrive and overcome the challenges they face.
Official website here: www.eastlakehs.net/
Who is the CEO of Eastlake High School?
Stanley Gbandawa is the Treasurer of Eastlake High School.
Official website here: www.eastlakehs.net/
What is the revenue of Eastlake High School?
Eastlake High School's revenue in 2023 was $1,729,251.
Official website here: www.eastlakehs.net/
Who are the executives of Eastlake High School and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.eastlakehs.net/
Where can I find the form 990 for Eastlake High School?
Eastlake High School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eastlakehs.net/
Learn more at the official website: www.eastlakehs.net/
Mission Statement of Eastlake High School
Eastlake High School, formerly known as the Life Skills Center of Colorado Springs, was established with a mission to provide an alternative educational environment for students who are struggling in a traditional high school setting. This nonprofit organization offers an individualized, self-paced, and computer-based education to students who have either dropped out of their respective high schools or are at risk of doing so. The educational approach at Eastlake High School is complemented by a life skills and vocational training component, ensuring that students not only acquire their high school diplomas but also gain essential life skills to prepare them for their future endeavors. The organization's mission is to equip these at-risk students with the necessary tools to thrive and succeed in their personal and professional lives.
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Impact
August, 2024
Eastlake High School in Colorado Springs, CO, provides crucial educational services to at-risk students who are not thriving in a traditional high school setting. By offering a self-paced, computer-based education program combined with life skills and vocational training, Eastlake High School plays a vital role in helping students who have dropped out or are at risk of dropping out of their respective schools. This institution's impact lies in offering a second chance at education, job training, and other essential life skills, ultimately empowering students to succeed and thrive in their future endeavors.
This information is meant to be a general summary of Eastlake High 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $7,125
- Program Service Revenue: $1,241,307
- Gross Receipts: $1,729,251
Assets and Liabilities:
- Total Assets: $1,051,876
- Total Liabilities: $2,227,168
- Net Assets: -$1,175,292
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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
$915,207
Mill Levy
Revenue
$326,100
Organization Details
Founding Year
2004
Phone
(719) 300-8947Principal Officer
Stanley Gbandawa
Main Address
1810 Eastlake Blvd, Colorado Springs, CO, 80910
Website
www.eastlakehs.net/NTEE Category
Code: B29 - Education
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