Overview
What is Lighthouse Academies Of Arkansas Inc?
Lighthouse Academies of Arkansas Inc, located at 401 Main Street, North Little Rock, Arkansas, is a nonprofit organization dedicated to preparing students for success in college through rigorous programs. With a team of 295 employees, the academy provides a nurturing environment where students learn from highly effective teachers. The ultimate goal is to help students develop the necessary knowledge, skills, and values for responsible citizenship and lifelong learning. The organization's mission is to empower students to achieve at high levels and cultivate a strong foundation for their future.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
Lighthouse Academies Of Arkansas Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and finance practices. The organization scored highly in all evaluated areas, indicating effective management of resources and adherence to best practices in governance. This rating is significant as it assures donors that their contributions are being used efficiently and transparently.
The organization boasts a fully independent board, which is a strong indicator of ethical governance. With 100% of board members being independent, they have a well-structured oversight mechanism in place. Additionally, their financial statements undergo rigorous audits, and they maintain policies for conflict of interest and whistleblowing, ensuring a high level of accountability.
One of the notable strengths of Lighthouse Academies is their program expense ratio, which stands at an impressive 91.53%. This indicates that a significant portion of their funds is directed towards their core programs rather than administrative costs. However, while the financial management appears sound, there are no details provided about specific program outcomes or community impact, which could provide a more comprehensive view of the organization's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lighthouse Academies Of Arkansas Inc legitimate?
Lighthouse Academies Of Arkansas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lighthouse Academies Of Arkansas Inc 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: $9,721,421
For more financial information, click here
What is the mission statement of Lighthouse Academies Of Arkansas Inc?
Lighthouse Academies of Arkansas Inc is dedicated to helping students thrive in their educational journey. In their nurturing environment, students learn from highly effective teachers and aspire to achieve academic excellence. The organization's mission goes beyond academics, as each student gains the essential knowledge, skills, and values needed for responsible citizenship and a commitment to lifelong learning. Through rigorous programs, Lighthouse Academies lays the groundwork for students to succeed in college, fostering a solid foundation for their future success.
Who is the CEO of Lighthouse Academies Of Arkansas Inc?
Unavailable The CEO's salary of Lighthouse Academies Of Arkansas Inc is $0 and their total compensation is $0.
What is the revenue of Lighthouse Academies Of Arkansas Inc?
Lighthouse Academies Of Arkansas Inc's revenue in 2022 was $18,301,867.
Who are the executives of Lighthouse Academies Of Arkansas Inc and what are their salaries?
The average compensation at Lighthouse Academies Of Arkansas Inc during 2022 was $32,954. There are 295 employees at Lighthouse Academies Of Arkansas Inc.
Here are 8 key members and their salaries (Lighthouse Academies Of Arkansas Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Lighthouse Academies Of Arkansas Inc?
Lighthouse Academies Of Arkansas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lighthouse Academies Of Arkansas Inc
Lighthouse Academies of Arkansas Inc is dedicated to providing an exceptional learning environment where students thrive under the guidance of highly effective teachers. The organization's mission is to help students grow, not only academically but also in building the necessary knowledge, skills, and values for responsible citizenship and lifelong learning.
In this nurturing setting, Lighthouse Academies of Arkansas Inc aims to prepare students with a strong foundation, enabling them to succeed in college and beyond. The teachers at Lighthouse Academies are committed to delivering rigorous programs that foster academic growth and a love for learning. Through these programs, students are equipped with the essential tools they need to achieve at high levels and reach their full potential.
By fostering an environment that supports students' intellectual, emotional, and social development, Lighthouse Academies of Arkansas Inc empowers them to become knowledgeable, skillful, and valuable members of their communities. The organization's unwavering commitment to education and the development of responsible citizens sets the stage for students to build a solid foundation for their future.
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Impact
October, 2024
Lighthouse Academies Of Arkansas Inc significantly impacts the educational landscape by providing students with access to highly effective teachers and a nurturing environment. This focus on dedicated instruction fosters a culture of achievement, enabling students to excel academically and develop essential life skills.
The rigorous programs offered prepare students not only for high school graduation but also for success in college and beyond. By emphasizing knowledge, skills, and values necessary for responsible citizenship and lifelong learning, the organization cultivates well-rounded individuals who are equipped to contribute positively to their communities.
In North Little Rock, Arkansas, this commitment to education transforms lives and builds a foundation for future leaders, reflecting a profound investment in both individual potential and collective future growth.
This information is meant to be a general summary of Lighthouse Academies Of Arkansas Inc. 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.
- Gross Receipts: $18,301,867
Assets and Liabilities:
- Total Assets: $582,799
- Total Liabilities: $81,170
- Net Assets: $501,629
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Organization Details
Founding Year
2009
Main Address
401 MAIN STREET STE 201, NORTH LITTLE ROCK, AR, 72214
NTEE Category
Code: B29 - Education
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