Overview
What is The Lyceum?
The Lyceum is a nonprofit organization located at 1545 South Green Road, South Euclid, Ohio 44121. Its primary mission is to provide education to young boys and girls before they embark on college, with a focus on cultivating a well-rounded, Catholic individual. The organization aims to form liberally educated individuals, both male and female, by focusing on their intellectual, moral, and social development. With a dedicated workforce of 14 employees, The Lyceum is committed to shaping future generations with a strong foundation in Catholic values.
Official website here: www.thelyceum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (73%)
The Lyceum has received a "Needs Improvement" rating, scoring 73% overall which indicates potential areas for growth in their operational practices. The organization excels in having a majority of independent board members and demonstrates a commendable program expense ratio of 95.51%, reflecting a strong commitment to its mission-driven activities. The board's composition and the low liabilities to assets ratio suggest sound financial management on certain fronts.
However, there are significant concerns regarding the organization's financial transparency, as evidenced by receiving no points for financial statements and for the posting of tax forms on its website. Additionally, the lack of a whistleblower policy and deficiencies in document retention practices point to potential governance issues that could affect stakeholder trust and accountability. Addressing these limitations may bolster The Lyceum's rating in the future and enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Lyceum legitimate?
The Lyceum is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lyceum 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: $99,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $332,987
For more financial information, click here
Official website here: www.thelyceum.org
What is the mission statement of The Lyceum?
The Lyceum, an educational institution, is dedicated to the formation of liberally educated young Catholics, both males and females, prior to their college years. This mission is accomplished through the establishment, maintenance, and operation of a school that provides comprehensive education to its students. The goal is to shape well-rounded individuals who embody the values of Catholicism, while also preparing them for future academic pursuits.
Official website here: www.thelyceum.org
Who is the CEO of The Lyceum?
Luke Macik is the Headmaster of The Lyceum.
Official website here: www.thelyceum.org
What is the revenue of The Lyceum?
The Lyceum's revenue in 2022 was $762,648.
Official website here: www.thelyceum.org
Who are the executives of The Lyceum and what are their salaries?
The average compensation at The Lyceum during 2022 was $30,923. There are 14 employees and 1 volunteer at The Lyceum.
Here are 4 key members and their salaries:
- Compensation: $95,000
- Related: $0
- Other: $4,940
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thelyceum.org
Where can I find the form 990 for The Lyceum?
The Lyceum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thelyceum.org
Learn more at the official website: www.thelyceum.org
Mission Statement of The Lyceum
The Lyceum, a renowned institution, is committed to the formation of a liberally educated Catholic individual, whether a lady or a gentleman. Its mission is centrally focused on establishing, maintaining, and operating a school that caters to the education of young boys and girls prior to their college years. This educational journey aims to cultivate individuals who embody a well-rounded understanding and appreciation of various subjects, ultimately fostering the development of a Catholic-inspired, intellectually enriched individual.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Lyceum profoundly influences the educational landscape by fostering the development of well-rounded, liberally educated individuals grounded in Catholic values. By focusing on the formation of boys and girls in their formative years, The Lyceum cultivates not just academic excellence but also moral and ethical character. This holistic approach ensures that students are equipped with critical thinking skills and a strong sense of community, preparing them for future challenges both in higher education and in life.
Located in South Euclid, Ohio, The Lyceum is dedicated to maintaining a rigorous program that emphasizes intellectual growth along with spiritual and ethical development. By instilling a sense of responsibility and a commitment to service, The Lyceum graduates contribute positively to their communities, embodying the principles of a liberally educated Catholic lady or gentleman. The impact of The Lyceum is evident in the caliber of its students, who emerge as knowledgeable, compassionate leaders ready to make meaningful contributions to society.
This information is meant to be a general summary of The Lyceum. 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: $126
- Program Service Revenue: $450,706
- Gross Receipts: $792,043
Assets and Liabilities:
- Total Assets: $355,169
- Total Liabilities: $12,416
- Net Assets: $342,753
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$450,706
Organization Details
Founding Year
2003
Phone
(216) 707-1121Principal Officer
Luke Macik
Main Address
1545 SOUTH GREEN ROAD, SOUTH EUCLID, OH, 44121
Website
www.thelyceum.orgNTEE Category
Code: B20 - Education
If you are a representative of The Lyceum and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.