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Liberty Preparatory Christian Academy Inc

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

EIN: 264201622 ✦ Mooresville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Liberty Preparatory Christian Academy Inc?

Liberty Preparatory Christian Academy Inc is a nonprofit, college-preparatory school located in Mooresville, North Carolina, specifically at 229 Midway Lake Road. The institution employs 69 individuals and follows a unique educational approach. Students attend classes on campus three days a week (Monday, Tuesday, and Thursday) and complete instructor-prepared lessons at home for the remaining two days. This model ensures families have ample time together. The academy's mission is to inspire students to develop and maintain a strong spiritual foundation based on faith in God's word while striving for academic excellence. This is achieved through a balance between classroom teaching and parent-mentored study. The school encourages character growth and integrity, and provides opportunities for community service. The classical Christian style of education at Liberty Prep motivates students to pursue wisdom, knowledge, understanding, and to develop their God-given talents to their fullest potential.


Official website here: www.libertyprepnc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Liberty Preparatory Christian Academy Inc received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its financial accountability and transparency. The overall score of 73% reflects a solid performance in certain areas, such as having a fully independent board and a strong program expense ratio of over 92%, suggesting that the majority of its expenditures go directly toward its programs.

However, the organization has significant areas of concern, particularly in financial reporting and governance practices. The absence of financial statements and missing policies on whistleblowing and document retention indicate a lack of adherence to best practices in nonprofit management. While it has demonstrated good governance with its board structure and conflict of interest policy, the gaps in financial documentation could hinder stakeholder trust and accountability.

In summary, while Liberty Preparatory Christian Academy Inc shows strengths in its program focus and independent governance, the missing financial transparency measures are critical issues that the organization needs to address in order to enhance its credibility and effectiveness in serving its mission.


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

Is Liberty Preparatory Christian Academy Inc legitimate?

Liberty Preparatory Christian Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Preparatory Christian Academy 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: $1,412,603

For more financial information, click here


Official website here: www.libertyprepnc.com

What is the mission statement of Liberty Preparatory Christian Academy Inc?

Liberty Preparatory Christian Academy Inc's mission is centered around inspiring students to establish and uphold a robust spiritual foundation based on faith in God's word. The academy aims to strike a balance between classroom instruction and parent-guided study, ultimately achieving a college-preparatory level of academic excellence. The institution fosters an environment of fellowship among students, where character and integrity are valued and recognized. It also provides ample opportunities for students to engage in community service and ministry.


Official website here: www.libertyprepnc.com

Who is the CEO of Liberty Preparatory Christian Academy Inc?

Doug Weir is the Board Member of Liberty Preparatory Christian Academy Inc.


Official website here: www.libertyprepnc.com

What is the revenue of Liberty Preparatory Christian Academy Inc?

Liberty Preparatory Christian Academy Inc's revenue in 2023 was $3,785,902.


Official website here: www.libertyprepnc.com

Who are the executives of Liberty Preparatory Christian Academy Inc and what are their salaries?

The average compensation at Liberty Preparatory Christian Academy Inc during 2023 was $20,473. There are 69 employees and 100 volunteers at Liberty Preparatory Christian Academy Inc.


Here are 6 key members and their salaries:


Luke Hessels (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Rushing (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Shott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Slocum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Weir (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
J B Whitfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.libertyprepnc.com

Where can I find the form 990 for Liberty Preparatory Christian Academy Inc?

Liberty Preparatory Christian Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.libertyprepnc.com

Learn more at the official website: www.libertyprepnc.com

Mission Statement of Liberty Preparatory Christian Academy Inc

Liberty Preparatory Christian Academy Inc is committed to inspiring its students to establish and uphold a robust spiritual foundation based on faith in God's word. The academy strives to achieve a balance between classroom teaching and parent-mentored study, ultimately leading to a college-preparatory level of academic excellence. By creating an environment that encourages fellowship among students, Liberty Preparatory Christian Academy Inc fosters the values of character and integrity. The academy provides ample opportunities for its students to engage in community ministry. In essence, Liberty Preparatory Christian Academy Inc seeks to instill in its students a strong spiritual foundation, a solid academic background, and a sense of community service and character development.

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Impact




October, 2024

Liberty Preparatory Christian Academy Inc has a profound impact on its students and the broader community by fostering a holistic educational experience rooted in strong spiritual principles. The academy inspires students to cultivate a solid spiritual foundation based on faith in God's Word, promoting not just academic excellence, but character development as well.

Through a unique educational model that combines three days of classroom instruction with two days of parent-mentored study, the academy allows families to spend valuable time together while ensuring that students receive a rigorous college preparatory education. This approach emphasizes the importance of parental involvement and positions parents as the primary influence in their children's lives.

The school’s classical Christian style of education instills a love for learning and encourages students to pursue wisdom, knowledge, and understanding. By developing their God-given talents and abilities to their fullest potential, students learn to value character and integrity, contributing positively to their peer community.

Moreover, Liberty Prep provides ample opportunities for community ministry, instilling in students a sense of responsibility to give back and serve others. This commitment not only enriches the lives of the students but also strengthens the community, creating a fellowship among individuals who honor and seek to uphold these values. Thus, Liberty Preparatory Christian Academy Inc greatly influences its students and their environment by promoting a balanced, principled approach to education and personal development.




This information is meant to be a general summary of Liberty Preparatory Christian Academy 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.

Revenue
$3,785,902 (2023)
Expenses
$3,048,126 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $49,031
  • Program Service Revenue: $2,966,855
  • Gross Receipts: $3,786,747

Assets and Liabilities:

  • Total Assets: $11,528,324
  • Total Liabilities: $4,620,820
  • Net Assets: $6,907,504

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES INCOME

Revenue

$2,966,855

Organization Details

Founding Year

2008

Principal Officer

Doug Weir

Main Address

229 MIDWAY LAKE ROAD, MOORESVILLE, NC, 28115

NTEE Category

Code: B24 - Education

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