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Loveland Classical Schools

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

EIN: 275263381 ✦ Loveland, CO ✦ Designated as a 501(c)(3)

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Overview

What is Loveland Classical Schools?

Loveland Classical Schools is a nonprofit institution situated in Loveland, Colorado, with a postal address of 3835 14th Street SW, 80537. It serves around 949 students from kindergarten to twelfth grade, providing them with education. The school's mission is to foster virtuous character, critical thinking abilities, and a lifelong love for learning in its students, aiming to shape them into responsible members of their community. With a team of 152 employees, the school is dedicated to nurturing well-rounded individuals. Although specific activities or mission details are not provided in the information, it is clear that Loveland Classical Schools is committed to academic growth and character development in its students.


Official website here: www.lovelandclassical.org

What are the reviews and ratings of this charity?

Charity Navigator rates Loveland Classical Schools with an 81%, earning a Three-Star out of Four Star rating primarily based on Accountability & Finance. The organization's impressive governance is highlighted by its independent board members and strong financial oversight, as seen in a perfect score for its audit and oversight committee. However, the charity struggles with a high liabilities to assets ratio, which could indicate financial risks.

User reviews from GreatNonprofits are not available, so there is no direct feedback from supporters or beneficiaries to provide additional context on the organization’s impact or community perception. Overall, Loveland Classical Schools demonstrates solid financial practices, but potential concerns regarding liabilities may warrant further consideration from stakeholders.


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

Is Loveland Classical Schools legitimate?

Loveland Classical Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loveland Classical Schools 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: $149,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,721,936

For more financial information, click here


Official website here: www.lovelandclassical.org

What is the mission statement of Loveland Classical Schools?

Loveland Classical Schools is committed to helping parents shape the minds of their children, instilling virtues, critical thinking abilities, and a fervor for learning. The ultimate goal is to foster exceptional individuals who become responsible contributors to their communities. Their mission involves providing education to students in grades K-12, with a focus on nurturing well-rounded individuals.


Official website here: www.lovelandclassical.org

Who is the CEO of Loveland Classical Schools?

Ian Stout is the President of Loveland Classical Schools.


Official website here: www.lovelandclassical.org

What is the revenue of Loveland Classical Schools?

Loveland Classical Schools's revenue in 2022 was $10,286,150.


Official website here: www.lovelandclassical.org

Who are the executives of Loveland Classical Schools and what are their salaries?

The average compensation at Loveland Classical Schools during 2022 was $25,470. There are 152 employees and 218 volunteers at Loveland Classical Schools.


Here are 6 key members and their salaries:


Frank Mcarthur (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Finger (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Wenger (Director/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Weideman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Robinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Stout (Executive Director)
  • Compensation: $116,763
  • Related: $0
  • Other: $24,610


Official website here: www.lovelandclassical.org

Where can I find the form 990 for Loveland Classical Schools?

Loveland Classical Schools's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lovelandclassical.org

Learn more at the official website: www.lovelandclassical.org

Mission Statement of Loveland Classical Schools

Loveland Classical Schools, as an educational institution, is dedicated to assisting parents in nurturing their children's minds, instilling virtuous character, fostering critical thinking skills, and cultivating a passion for learning. The ultimate goal is to develop these students into exceptional community stewards. The school provides education to approximately 949 students spanning from kindergarten to twelfth grade.

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Impact




October, 2024

Loveland Classical Schools impacts the community by providing a quality education to approximately 949 students in grades K-12. The school focuses on developing students' virtuous character, critical thinking skills, and a passion for learning. This educational approach prepares students to become exceptional community stewards, fostering active participation and responsible citizenship within Loveland, Colorado. Through its commitment to these values, Loveland Classical Schools plays a vital role in shaping the future leaders of the community.




This information is meant to be a general summary of Loveland Classical Schools. 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
$10,286,150 (2022)
Expenses
$6,970,710 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,892
  • Program Service Revenue: $9,428,086
  • Gross Receipts: $10,286,150

Assets and Liabilities:

  • Total Assets: $8,662,189
  • Total Liabilities: $11,610,709
  • Net Assets: -$2,948,520

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Programs

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

Per Pupil Revenue

Revenue

$7,825,592

Mill Levy Override

Revenue

$1,475,676

Student Activities

Revenue

$64,422

Materials

Revenue

$37,197

Other Program Service Revenue

Revenue

$25,199

Organization Details

Founding Year

2011

Principal Officer

Ian Stout

Main Address

3835 14th Street SW, Loveland, CO, 80537

NTEE Category

Code: B20 - Education

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