Overview
What is Logos Academy?
Logos Academy is a nonprofit organization situated in York, Pennsylvania, with a compassionate mission to combat poverty by providing high-quality, faith-based education. Approximately two-thirds of their student body reside in or near poverty. The academy's classical education approach, rooted in Christian values, aims to empower students, fostering spiritual, intellectual, social, and physical growth, ultimately leading them to become future servant leaders. With a workforce of 62 dedicated individuals, Logos Academy strives to help low-income, first-generation college students excel beyond national averages.
Official website here: www.logosyork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Logos Academy has achieved a solid 89% rating from Charity Navigator, reflecting its commendable accountability and financial practices. Notably, the organization boasts a board composed entirely of independent members and scores top marks in several governance areas, including its audit and oversight committee, conflict of interest policy, and financial transparency.
The charity excels in its program expense ratio and fundraising efficiency, demonstrating a commitment to maximizing resources for its mission. With a significant portion of its funds directed towards programs, it indicates effective use of donations. Additionally, the organization maintains a healthy working capital ratio, suggesting good financial stability.
However, Logos Academy's liabilities to assets ratio reflects some room for improvement, earning only 9 out of 25 points in that area. This aspect could indicate potential financial risks that the organization may need to address moving forward. Overall, the strong governance and financial practices make Logos Academy a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Logos Academy legitimate?
Logos Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Logos 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: $160,893
Professional Fundraising Fees: $67,000
Other Salaries and Wages: $1,855,942
For more financial information, click here
Official website here: www.logosyork.org
What is the mission statement of Logos Academy?
Logos Academy, rooted in Christian love, is committed to educating students for excellence. It offers opportunities and cultivates hope within the community. The academy's gospel-centered, classical education aims to empower its students to become servant leaders in the future. Logos Academy promotes the spiritual, intellectual, social, and physical transformation of students, fostering personal excellence with the ultimate goal of glorifying God.
Official website here: www.logosyork.org
Who is the CEO of Logos Academy?
Rev Aaron Anderson is the Chair of Logos Academy. The CEO's salary of Logos Academy is $152,553 and their total compensation is $160,893.
Official website here: www.logosyork.org
What is the revenue of Logos Academy?
Logos Academy's revenue in 2022 was $5,009,632.
Official website here: www.logosyork.org
Who are the executives of Logos Academy and what are their salaries?
The average compensation at Logos Academy during 2022 was $32,530. There are 62 employees and 150 volunteers at Logos Academy.
Here are 10 key members and their salaries (Logos Academy's CEO's salary is $152,553 and their total compensation is $160,893):
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- Compensation: $152,553
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- Other: $8,340
Official website here: www.logosyork.org
Where can I find the form 990 for Logos Academy?
Logos Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.logosyork.org
Learn more at the official website: www.logosyork.org
Mission Statement of Logos Academy
Logos Academy, a faith-based institution, is dedicated to educating students for excellence while fostering opportunities and instilling hope within its community. Grounded in Christian teachings, Logos Academy employs a classical education approach to empower its students to become tomorrow's servant leaders. The Academy's mission is twofold: it promotes the spiritual, intellectual, social, and physical transformation of its students, aiming for personal excellence and glory to God. This holistic approach seeks to develop well-rounded individuals who can make a positive impact in their future endeavors.
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Impact
October, 2024
Logos Academy significantly impacts its community by providing a high-quality, Christ-centered education that fosters personal and academic excellence. Grounded in gospel-centered principles, the academy nurtures students' spiritual, intellectual, social, and physical development.
By focusing on transforming the lives of students, particularly those from low-income backgrounds—two-thirds of whom live in or near federal poverty—Logos Academy empowers its graduates to overcome barriers to success. Their approach not only aims to alleviate poverty but also equips students to become future servant leaders.
The outcomes are remarkable: graduates who are low-income, first-generation college students achieve success rates that are 6-7 times higher than the national average. This demonstrates the academy’s ability to create pathways to opportunity and instill hope, ensuring that students are able to maximize their potential and thrive in their future endeavors. Through its dedication to education and community service, Logos Academy plays a vital role in transforming lives and cultivating a hopeful future for its students.
This information is meant to be a general summary of Logos 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: $86,315
- Program Service Revenue: $610,929
- Gross Receipts: $5,131,422
Assets and Liabilities:
- Total Assets: $17,906,219
- Total Liabilities: $6,832,983
- Net Assets: $11,073,236
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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
$403,684
LUNCH PROGRAM
Revenue
$207,245
Organization Details
Founding Year
1996
Phone
(717) 848-9835Principal Officer
Rev Aaron Anderson
Main Address
250 WEST KING STREET, YORK, PA, 17401
Website
www.logosyork.orgNTEE Category
Code: B20 - Education
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