Overview
What is Living Stones Academy?
Living Stones Academy is a nonprofit organization situated in Grand Rapids, Michigan. With a strong focus on faith, the academy educates around 230 students annually in an affordable setting. The institution's mission is to inspire and nurture students' minds and hearts, fostering an environment that encourages cultural, economic, and racial diversity. By doing so, they aim to prepare their students to engage positively with their community and serve others selflessly. The academy employs a team of 38 dedicated individuals, ensuring every student feels known, loved, and inspired.
Official website here: www.livingstonesgr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Living Stones Academy has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score is primarily derived from its strong accountability measures, with a score of 82%. The organization benefits from having a majority of independent board members and demonstrates effective financial practices, such as a low liabilities to assets ratio and high program expense ratio.
The strengths of Living Stones Academy are evident in its policies and practices. They uphold a robust conflict of interest policy, transparency regarding board meeting minutes, and ensure that there are no material diversions of assets. Furthermore, their fundraising efficiency is commendable, reflecting their ability to raise funds effectively while maintaining low overhead costs.
However, there are areas where the organization can improve. Notably, Living Stones Academy lacks a whistleblower policy and a document retention and destruction policy, which could enhance its accountability framework. Addressing these gaps could further bolster their rating and demonstrate a commitment to comprehensive governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Living Stones Academy legitimate?
Living Stones Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Stones 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: $89,790
Professional Fundraising Fees: $15,000
Other Salaries and Wages: $872,485
For more financial information, click here
Official website here: www.livingstonesgr.org
What is the mission statement of Living Stones Academy?
Living Stones Academy's mission is centered around being a Christian school that nurtures students' minds and hearts. The academy strives to equip its students to appreciate and embrace diversity in terms of culture, economics, and race. Its ultimate goal is to empower these students to express love and serve their communities. The school's commitment is reflected in its approach, which values every child, fostering a learning environment where each student feels loved and inspired. In 2022, this mission was actualized as 230 students benefited from this affordable, faith-based education.
Official website here: www.livingstonesgr.org
Who is the CEO of Living Stones Academy?
Aaron Winkle is the Head Of School of Living Stones Academy.
Official website here: www.livingstonesgr.org
What is the revenue of Living Stones Academy?
Living Stones Academy's revenue in 2022 was $3,153,836.
Official website here: www.livingstonesgr.org
Who are the executives of Living Stones Academy and what are their salaries?
The average compensation at Living Stones Academy during 2022 was $25,323. There are 38 employees and 200 volunteers at Living Stones Academy.
Here are 8 key members and their salaries:
- Compensation: $44,075
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- Other: $38,941
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- Other: $0
Official website here: www.livingstonesgr.org
Where can I find the form 990 for Living Stones Academy?
Living Stones Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livingstonesgr.org
Learn more at the official website: www.livingstonesgr.org
Mission Statement of Living Stones Academy
Living Stones Academy, as a neighborhood Christian school, is dedicated to fostering the intellectual and emotional growth of its students. The institution's mission is threefold: first, to inspire the minds of its pupils; second, to help them embrace diversity in terms of culture, economics, and race; and third, to empower them to express love and serve their communities. By pursuing this mission, Living Stones Academy aims to equip its students with the necessary tools to navigate a diverse world and contribute positively to their communities. In 2022, the academy successfully educated 230 students in an affordable, faith-based environment where each child is valued, cherished, and motivated.
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Impact
October, 2024
Living Stones Academy significantly impacts the Grand Rapids community by providing a welcoming and inclusive educational environment for students. In 2022, the academy served 230 students, ensuring that each child is known, loved, and inspired. The focus on educating young minds goes beyond academic excellence; it fosters a deep understanding and appreciation for cultural, economic, and racial diversity. By empowering students to love and serve their community, Living Stones Academy not only shapes individual futures but also contributes to building a more cohesive and compassionate society. The commitment to affordable, faith-based education further enhances its role as a pillar in the community, making quality education accessible to all families.
This information is meant to be a general summary of Living Stones 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: $491
- Program Service Revenue: $1,244,873
- Gross Receipts: $3,153,836
Assets and Liabilities:
- Total Assets: $4,698,370
- Total Liabilities: $65,019
- Net Assets: $4,633,351
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$875,661
EANS Grant
Revenue
$369,212
Organization Details
Founding Year
2010
Principal Officer
Aaron Winkle
Main Address
1415 Lyon NE, Grand Rapids, MI, 49503
Website
www.livingstonesgr.orgNTEE Category
Code: B24 - Education
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