Overview
What is Lake Charles Charter Academy Foundation Inc?
Lake Charles Charter Academy Foundation Inc is a non-profit organization based in Lake Charles, Louisiana. The foundation operates Lake Charles Charter Academy, a K-8 school in Calcasieu Parish. Committed to academic rigor, the foundation provides students with a research-based curriculum and a culture that fosters success. The school ownership and management by the foundation ensures high-quality educational options for the citizens of the community.
Official website here: www.lakecharlescharter.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Lake Charles Charter Academy Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement despite achieving a perfect score in accountability and finance metrics. The organization demonstrates strong governance with an independent board and has no issues related to material diversion of assets. However, areas such as whistleblower and document retention policies are missing, which raises concerns about their operational transparency.
Financially, while the program expense ratio shows a solid commitment to programmatic spending at 73.36%, the liabilities to assets ratio is notably high at 79.61%. This suggests a potential concern regarding the organization's financial stability, which could impact its long-term sustainability. Additionally, the absence of tax forms on their website could limit transparency for stakeholders seeking to understand the foundation's financial practices better.
Overall, while the foundation shows strengths in its accountability practices, it faces significant challenges that need to be addressed to enhance its overall rating. Improvements in policy documentation and financial management could help boost confidence among donors and stakeholders alike.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lake Charles Charter Academy Foundation Inc?
82% of reviewers on Facebook recommend Lake Charles Charter Academy Foundation Inc. Here’s a brief overview of their thoughts:
Many parents and community members appreciate the commitment of the institution to the education of all children. The organization is seen as a true educational institution dedicated to fostering a supportive learning environment.
Overall, the sentiment is generally positive, with several users recognizing the foundation's dedication to education and its impact on students. The foundation appears to be delivering on its mission, resonating well with those involved in the community.
This AI summary has been generated from reviews found on Facebook.
Is Lake Charles Charter Academy Foundation Inc legitimate?
Lake Charles Charter Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Charles Charter Academy Foundation 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: $5,310,547
For more financial information, click here
Official website here: www.lakecharlescharter.org/
What is the mission statement of Lake Charles Charter Academy Foundation Inc?
The Lake Charles Charter Academy Foundation is a non-profit organization dedicated to providing superior educational opportunities. Comprised of community leaders, the foundation is committed to delivering high-quality education. Through an environment that integrates a research-based curriculum and a culture emphasizing academic rigor, the foundation aims to equip students with the necessary tools and skills for achievement, from kindergarten through eighth grade. The foundation's mission prioritizes providing educational options for the community, focusing on academic excellence.
Official website here: www.lakecharlescharter.org/
Who is the CEO of Lake Charles Charter Academy Foundation Inc?
Ulysses Gene Thibodeaux is the Principal Officer of Lake Charles Charter Academy Foundation Inc.
Official website here: www.lakecharlescharter.org/
What is the revenue of Lake Charles Charter Academy Foundation Inc?
Lake Charles Charter Academy Foundation Inc's revenue in 2022 was $16,068,412.
Official website here: www.lakecharlescharter.org/
Who are the executives of Lake Charles Charter Academy Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.lakecharlescharter.org/
Where can I find the form 990 for Lake Charles Charter Academy Foundation Inc?
Lake Charles Charter Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakecharlescharter.org/
Learn more at the official website: www.lakecharlescharter.org/
Mission Statement of Lake Charles Charter Academy Foundation Inc
Lake Charles Charter Academy Foundation, Inc. is a non-profit organization comprised of community leaders dedicated to delivering top-quality educational opportunities for the citizens of Calcasieu Parish. This esteemed foundation is responsible for the ownership and operation of Lake Charles Charter Academy, catering to students from kindergarten to eighth grade.
The foundation's mission is geared towards providing students with the essential tools and skills required for superior academic achievement. By integrating a research-based curriculum and fostering a culture focused on academic rigor, Lake Charles Charter Academy Foundation, Inc. strives to create a nurturing environment conducive to learning and growth. The organization's commitment to education is unwavering, and its impact on the community is a testament to its success.
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Impact
October, 2024
Lake Charles Charter Academy Foundation Inc significantly impacts the educational landscape in Calcasieu Parish by operating Lake Charles Charter Academy, which serves students from kindergarten through eighth grade. The academy emphasizes a research-based curriculum that fosters academic rigor and success, equipping students with the tools necessary for superior levels of achievement.
The foundation's mission focuses on providing high-quality educational options, ensuring that the students in the community receive a well-rounded education in a supportive environment. By prioritizing both academic performance and a culture of achievement, Lake Charles Charter Academy plays a vital role in shaping the educational experience of its students and preparing them for future success. The involvement of respected community leaders reinforces the foundation's commitment to excellence in education, further enhancing its positive impact on local families and the broader community.
This information is meant to be a general summary of Lake Charles Charter Academy Foundation 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.
- Investment Income: $7,534
- Program Service Revenue: $50,516
- Gross Receipts: $16,068,412
Assets and Liabilities:
- Total Assets: $22,449,071
- Total Liabilities: $15,243,559
- Net Assets: $7,205,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BEFORE AND AFTERCARE
Revenue
$50,187
STUDENT LUNCHES
Revenue
$329
Organization Details
Founding Year
2010
Phone
(337) 475-7900Principal Officer
Ulysses Gene Thibodeaux
Main Address
3160 POWER CENTER PARKWAY, LAKE CHARLES, LA, 70607
Website
www.lakecharlescharter.org/NTEE Category
Code: B29 - Education
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