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Carbon Valley Academy

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

EIN: 202488853 ✦ Frederick, CO ✦ Designated as a 501(c)(3)

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Overview

What is Carbon Valley Academy?

Carbon Valley Academy is a K-8 charter school situated in Frederick, Colorado. With a mission to foster character and academic growth, the school serves around 272 students by offering a comprehensive educational experience. The institution employs a team of 52 individuals, dedicated to delivering enriching content and imparting essential skills to its students. Carbon Valley Academy operates as a public educational institution, providing education for students from preschool to Grade 8.


Official website here: www.carbonvalleyacademy.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 30%, Zero-Star out of Four Star rating.

Carbon Valley Academy has received a low rating, indicating significant concerns regarding its financial transparency and management. While the organization has an independent board and a strong conflict of interest policy, it struggles with other essential accountability measures. Notably, the absence of financial statements and a lack of program expense ratio transparency contribute to its poor score.

The evaluation highlights that while the organization has some positive attributes, such as a fully independent board in terms of composition, it fails to meet several critical accountability benchmarks. The absence of whistleblower and document retention policies raises concerns about governance practices. Additionally, the lack of information regarding liabilities and program expenditures suggests inadequate financial oversight.

Overall, potential donors and stakeholders should proceed with caution. The significant gaps in financial reporting and accountability protocols present a troubling picture of the organization's operational health and commitment to transparency.


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

Is Carbon Valley Academy legitimate?

Carbon Valley Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carbon Valley 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: $1,332,474

For more financial information, click here


Official website here: www.carbonvalleyacademy.org

What is the mission statement of Carbon Valley Academy?

Carbon Valley Academy's mission is centered around delivering comprehensive and high-quality educational content while fostering character development and personal academic success. The academy caters to students from preschool to Grade 8, providing them with a public education setting. Its mission is to create an environment that encourages both skill development and moral growth, ultimately aiming to contribute positively to each student's academic journey. The institution's commitment extends to offering a solid educational foundation, setting high expectations, and promoting personal achievement for all its students.


Official website here: www.carbonvalleyacademy.org

Who is the CEO of Carbon Valley Academy?

Christa Hafemann is the President of Carbon Valley Academy.


Official website here: www.carbonvalleyacademy.org

What is the revenue of Carbon Valley Academy?

Carbon Valley Academy's revenue in 2022 was $2,612,186.


Official website here: www.carbonvalleyacademy.org

Who are the executives of Carbon Valley Academy and what are their salaries?

The average compensation at Carbon Valley Academy during 2022 was $25,624. There are 52 employees at Carbon Valley Academy.


Here are 2 key members and their salaries:


Christa Hafemann (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Rayburn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.carbonvalleyacademy.org

Where can I find the form 990 for Carbon Valley Academy?

Carbon Valley Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carbonvalleyacademy.org

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

Mission Statement of Carbon Valley Academy

Carbon Valley Academy, a K-8 Charter School, is dedicated to providing a nurturing environment that fosters both character development and academic excellence for its students from preschool to Grade 8. The institution's mission is centered around delivering substantial educational content and honing essential skills, all while promoting personal achievement. Carbon Valley Academy strives to instill values that go beyond academics, thereby empowering its pupils to grow into well-rounded individuals. The institution is committed to offering a high-quality public education, ensuring that every student receives a solid foundation for their future.

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Impact




October, 2024

Carbon Valley Academy significantly impacts its community by offering a robust educational experience to approximately 272 students from preschool through Grade 8. The academy focuses on delivering rich content and solid skills instruction, fostering an environment that emphasizes character development and personal academic achievement. By prioritizing a well-rounded education, Carbon Valley Academy helps nurture students' intellectual growth and moral values, preparing them for future success. Its commitment to high-quality public education in Frederick, Colorado, ensures that students have the resources and support needed to thrive both academically and personally.




This information is meant to be a general summary of Carbon Valley 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
$2,612,186 (2022)
Expenses
$2,395,544 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,248,918
  • Gross Receipts: $2,612,186

Assets and Liabilities:

  • Total Assets: $2,263,124
  • Total Liabilities: $5,532,835
  • Net Assets: -$3,269,711

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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

$1,848,613

Mill Levy Override

Revenue

$358,664

Tuition and Fees

Revenue

$41,641

Organization Details

Founding Year

2005

Principal Officer

Christa Hafemann

Main Address

4040 CORIOLIS WAY, FREDERICK, CO, 805045449

NTEE Category

Code: B29 - Education

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