Overview
What is Lionsgate Academy?
Lionsgate Academy, located at 5605 Green Circle Drive in Minnetonka, Minnesota (ZIPCd 55343), is a nonprofit organization dedicated to offering a specialized educational experience for students with autism spectrum disorders. With a total workforce of 346 individuals, Lionsgate Academy aims to help its students live independently, pursue further education or employment, and build meaningful relationships. During the 2021-2022 academic year, the school served 368 students in grades seven through twelve, marking its fourteen-year existence. The unique mission of Lionsgate Academy involves fostering self-determination through a personalized, transition-focused learning program.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Lionsgate Academy has received a Three-Star rating from Charity Navigator, indicating a solid performance in the area of Accountability & Finance. The score reflects a comprehensive evaluation of their financial health, with a strong emphasis on their ability to manage funds responsibly. Notably, the organization scores exceptionally well in areas like independent board membership and transparency, showcasing a commitment to good governance.
The organization demonstrates a high program expense ratio of 94.87%, signaling that a significant majority of their funding is directed towards programs rather than administrative costs. Additionally, Lionsgate Academy has established strong financial oversight policies, including a whistleblower policy and a documented conflict of interest policy, highlighting their dedication to accountability.
However, a concerning aspect is their liabilities to assets ratio, which stands at 125.82%, indicating that their liabilities exceed their assets. This could raise questions about their long-term financial stability and ability to meet obligations. Overall, while Lionsgate Academy shows strengths in governance and program funding, attention to their financial liabilities is warranted for future sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Lionsgate Academy legitimate?
Lionsgate Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lionsgate 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: $461,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,223,376
For more financial information, click here
What is the mission statement of Lionsgate Academy?
Lionsgate Academy's mission is centered around fostering self-determination for all students, with a specialization in educating those with autism spectrum disorders. The institution strives to create a personalized learning environment that follows best instructional practices and utilizes research-based techniques. The ultimate goal is for Lionsgate Academy graduates to live independently, pursue further education or employment opportunities, and build meaningful relationships with others. In the 2021-2022 academic year, the academy served 368 students in grades seven through twelve. Throughout its fourteen years of operation, Lionsgate Academy has focused on providing a transition-focused education that equips students with the skills they need to thrive in their future endeavors.
Who is the CEO of Lionsgate Academy?
Diane Restorff is the Executive Director of Lionsgate Academy.
What is the revenue of Lionsgate Academy?
Lionsgate Academy's revenue in 2022 was $23,771,694.
Who are the executives of Lionsgate Academy and what are their salaries?
The average compensation at Lionsgate Academy during 2022 was $33,771. There are 346 employees and 9 volunteers at Lionsgate Academy.
Here are 11 key members and their salaries:
- Compensation: $116,700
- Related: $0
- Other: $9,442
- Compensation: $100,024
- Related: $0
- Other: $15,432
- Compensation: $38,566
- Related: $0
- Other: $15,219
- Compensation: $44,370
- Related: $0
- Other: $5,703
- Compensation: $40,009
- Related: $0
- Other: $8,717
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lionsgate Academy?
Lionsgate Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lionsgate Academy
Lionsgate Academy, a pioneering educational institution, is dedicated to nurturing self-determination in students with autism spectrum disorders (ASD). By offering a customized, transitional learning program, the academy empowers its students to reach their full potential in various aspects of life.
The mission of Lionsgate Academy is multifaceted. Primarily, it aims to equip students with the necessary skills to live independently. This includes not only mastering academic subjects but also developing essential life skills. Furthermore, the academy encourages students to pursue continued education or gainful employment opportunities. Lastly, Lionsgate Academy fosters social connections, enabling students to build meaningful relationships with their peers and the wider community.
Lionsgate Academy crafts an educational experience that showcases effective instructional practices and evidence-based techniques. These best practices enable the academy's graduates to thrive in their personal, educational, and professional pursuits. During the 2021-2022 academic year, this innovative institution served 368 students in grades seven through twelve, marking its fourteen-year tenure. The tailored learning environment at Lionsgate Academy has been instrumental in providing students with the foundation they need to navigate life beyond academia.
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Impact
August, 2024
Lionsgate Academy's impact can be seen in its dedication to fostering self-determination and empowering students with autism spectrum disorders to achieve independence, further education, gainful employment, and meaningful relationships. By providing a tailored learning program that emphasizes best instructional practices and research-based techniques, Lionsgate Academy has successfully served 368 students in grades seven through twelve in the 2021-2022 school year. Located in Minnetonka, MN, Lionsgate Academy is making a significant difference in the lives of students with ASD by equipping them with the skills and support they need to thrive beyond the classroom.
This information is meant to be a general summary of Lionsgate 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 2022.
- Investment Income: $926
- Program Service Revenue: $9,664
- Gross Receipts: $23,771,694
Assets and Liabilities:
- Total Assets: $28,156,380
- Total Liabilities: $35,781,765
- Net Assets: -$7,625,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student Fees
Revenue
$9,664
Organization Details
Founding Year
2007
Phone
(763) 486-6359Principal Officer
Diane Restorff
Main Address
5605 Green Circle Drive, Minnetonka, MN, 55343
NTEE Category
Code: B29 - Education
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