Overview
What is San Luis Obispo Classical Academy?
San Luis Obispo Classical Academy is a nonprofit organization, functioning as a public benefit corporation, located at 165 GRAND AVE, SAN LUIS OBISPO, CA, 93405. Their primary purpose is to offer a classical education model to communities within San Luis Obispo County. They cater to students at various levels, including elementary, middle school, and high school, by providing instruction in subjects such as math, language, arts, history, science, and electives. The organization recognizes the importance of parental involvement in their children's education and works collaboratively with parents to monitor student progress in both home-schooling and site-based education components. With a staff of 146 employees, San Luis Obispo Classical Academy is deeply committed to enriching the educational experiences of local youth.
Official website here: www.sloclassicalacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
San Luis Obispo Classical Academy has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization scored particularly well in areas like having a fully independent board and robust financial oversight, earning full points for its independent board member composition and financial statements. Its strong program expense ratio indicates that a significant majority of its funds are directed towards its educational programs.
However, the rating also highlights some limitations, particularly in governance policies. While the academy has established several important policies, it is noted that the whistleblower policy and document retention and destruction policy are missing, which is a concern for transparency and accountability. Additionally, the liabilities to assets ratio shows some room for improvement, suggesting a need for better management of financial responsibilities.
Overall, the academy demonstrates a commitment to its mission and financial integrity, but addressing the gaps in governance policies would enhance its operational transparency and strengthen its overall rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is San Luis Obispo Classical Academy legitimate?
San Luis Obispo Classical Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Luis Obispo Classical 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: $211,091
Professional Fundraising Fees: $29,018
Other Salaries and Wages: $3,402,242
For more financial information, click here
Official website here: www.sloclassicalacademy.com
What is the mission statement of San Luis Obispo Classical Academy?
San Luis Obispo Classical Academy is a public benefit corporation that offers a classical education model to communities within San Luis Obispo County. Its mission is to support parents in their endeavors to educate their children, providing a framework for home-schooling and site-based education. The academy conducts classes in subjects such as math, language, arts, history, science, and electives at the elementary, middle school, and high school levels. The institution works closely with parents to monitor student progress in both home-schooling and site-based education components.
Official website here: www.sloclassicalacademy.com
What is the revenue of San Luis Obispo Classical Academy?
San Luis Obispo Classical Academy's revenue in 2024 was $8,670,381.
Official website here: www.sloclassicalacademy.com
Who are the executives of San Luis Obispo Classical Academy and what are their salaries?
The average compensation at San Luis Obispo Classical Academy during 2024 was $22,033. There are 164 employees and 388 volunteers at San Luis Obispo Classical Academy.
Here are 10 key members and their salaries:
- Compensation: $134,360
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- Other: $1,260
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- Other: $0
- Compensation: $71,851
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $114,798
- Related: $0
- Other: $1,076
Official website here: www.sloclassicalacademy.com
Where can I find the form 990 for San Luis Obispo Classical Academy?
San Luis Obispo Classical Academy's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sloclassicalacademy.com
Learn more at the official website: www.sloclassicalacademy.com
Mission Statement of San Luis Obispo Classical Academy
San Luis Obispo Classical Academy, a public benefit corporation, is dedicated to offering a classical education model to the communities within San Luis Obispo County. This esteemed institution supports parents in their endeavors to educate their children. Its mission is multifaceted. It conducts classes in various subjects, including mathematics, languages, arts, history, science, and electives, at the elementary, middle school, and high school levels. The academy also collaborates with parents to monitor student progress in both home schooling and site-based education components. By providing a comprehensive and structured educational environment, San Luis Obispo Classical Academy empowers students to develop a solid foundation in core subjects and prepares them for future academic pursuits.
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Impact
October, 2024
San Luis Obispo Classical Academy significantly enhances educational opportunities in San Luis Obispo County by offering a classical education model that emphasizes academic rigor and a comprehensive curriculum. Providing classes in subjects such as math, language arts, history, and science, the Academy caters to elementary, middle, and high school students.
By working closely with parents, the Academy supports and monitors students' educational progress, ensuring a robust home-schooling partnership. This approach empowers families to take an active role in their children's education while benefiting from structured academic guidance. The Academy's commitment to classical education not only enriches the individual students but also strengthens the community by fostering a culture of learning and intellectual engagement.
This information is meant to be a general summary of San Luis Obispo Classical 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $21,375
- Program Service Revenue: $5,197,773
- Gross Receipts: $10,812,864
Assets and Liabilities:
- Total Assets: $1,556,497
- Total Liabilities: $307,049
- Net Assets: $1,249,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & REGISTRATION
Revenue
$4,280,588
CLASSROOM RELATED
Revenue
$917,185
Organization Details
Founding Year
2006
Principal Officer
Susan Theule
Website
www.sloclassicalacademy.comNTEE Category
Code: B24 - Education
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