Overview
What is Lone Star Mycroschool Inc?
Lone Star Mycroschool Inc is a nonprofit organization based in Gainesville, Florida, with a ZIP code 32605. They operate a public charter school, serving over 160 students in the 2021-2022 academic year. The organization's primary mission is to provide educational opportunities for older, under-credited students, often referred to as "Promise Students." This is accomplished through an innovative curriculum that integrates technology with academics, enabling students to earn a high school diploma. Lone Star Mycroschool Inc operates under the name Lone Star High School and is a registered 501(c)(3) organization, with a team of 14 dedicated employees.
Official website here: www.mycroschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
Lone Star Mycroschool Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The organization scored 82% in the Accountability & Finance category, reflecting its commitment to transparency and responsible management of resources. Notably, it has an independent board with all eight members being independent, demonstrating a strong governance structure.
Strengths of the organization include a perfect score in areas such as financial oversight and the presence of key governance policies, including conflict of interest and whistleblower policies. Additionally, the program expense ratio is commendable at 73.36%, suggesting that a significant portion of its budget is directed toward its mission-related activities.
However, there is room for improvement in the liabilities to assets ratio, which stands at 68.81%. This figure indicates that the organization has a relatively high level of liabilities compared to its assets, which could pose a risk if not managed properly. Overall, while the organization demonstrates strong governance and financial practices, attention to its financial ratios may enhance its stability further.
This AI summary has been generated from information found on Charity Navigator.
Is Lone Star Mycroschool Inc legitimate?
Lone Star Mycroschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lone Star Mycroschool 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: $134,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $536,515
For more financial information, click here
Official website here: www.mycroschool.org
What is the mission statement of Lone Star Mycroschool Inc?
Lone Star Mycroschool Inc, as a public charter high school, is committed to re-engaging overage and under-credited students. They achieve this through an innovative curriculum that integrates technology with academics, offering these students the opportunity to earn a high school diploma. The school operates as a nonprofit 501(C)(3) organization, where it believes in the potential of each student, providing them with the necessary tools and motivation to succeed. Lone Star Mycroschool Inc is dedicated to fostering an environment where every student holds promise and can thrive.
Official website here: www.mycroschool.org
Who is the CEO of Lone Star Mycroschool Inc?
Efferem Williams is the Board Chair of Lone Star Mycroschool Inc.
Official website here: www.mycroschool.org
What is the revenue of Lone Star Mycroschool Inc?
Lone Star Mycroschool Inc's revenue in 2022 was $1,658,355.
Official website here: www.mycroschool.org
Who are the executives of Lone Star Mycroschool Inc and what are their salaries?
The average compensation at Lone Star Mycroschool Inc during 2022 was $47,932. There are 14 employees at Lone Star Mycroschool Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $96,758
- Related: $0
- Other: $24,333
Official website here: www.mycroschool.org
Where can I find the form 990 for Lone Star Mycroschool Inc?
Lone Star Mycroschool Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mycroschool.org
Learn more at the official website: www.mycroschool.org
Mission Statement of Lone Star Mycroschool Inc
Lone Star Mycroschool Inc, a public charter high school, is dedicated to providing educational opportunities for over-age and under-credited students who have been disconnected from traditional academic environments. This nonprofit organization, recognized as a 501(c)(3), aims to re-engage these students through an innovative curriculum that seamlessly integrates technology with academics. The program offers a chance for these students to earn a high school diploma, believing in their potential for success. Lone Star Mycroschool Inc operates on the principle that every student holds promise and can thrive when provided with the necessary tools, motivation, and opportunity.
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Impact
October, 2024
Lone Star Mycroschool Inc plays a vital role in offering educational opportunities to over-age and under-credited students in Gainesville, FL. By operating as a public charter school, it serves to re-engage disconnected students who might otherwise struggle to complete their education. In the 2021-2022 academic year, the school successfully supported 165 students, providing them with a tailored learning environment that integrates technology with academics.
The innovative curriculum at Lone Star Mycroschool is designed to meet the unique needs of its students, allowing them not only to catch up on credits but also to earn a high school diploma. This approach empowers students by equipping them with the necessary tools and motivation to succeed, highlighting the belief that all students hold promise when given the right opportunities. The impact of Lone Star Mycroschool extends beyond academics, fostering a sense of community and resilience among students who may have faced significant barriers in their educational journeys.
This information is meant to be a general summary of Lone Star Mycroschool 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.
- Program Service Revenue: $1,146,799
- Gross Receipts: $1,658,355
Assets and Liabilities:
- Total Assets: $2,671,702
- Total Liabilities: $1,829,158
- Net Assets: $842,544
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE ATTENDANCE APPOR
Revenue
$1,142,035
GENERAL REVENUES
Revenue
$4,764
Organization Details
Founding Year
2009
Phone
(352) 201-4000Principal Officer
Efferem Williams
Main Address
6830 NW 11TH PLACE B, GAINESVILLE, FL, 32605
Website
www.mycroschool.orgNTEE Category
Code: B99 - Education
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