Overview
What is Crater Lake Academy Inc?
Crater Lake Academy Inc, located in Eagle Point, Oregon, is a nonprofit organization committed to providing high school programs. Their mission revolves around fostering leadership, teamwork, and excellence in students from grades K-12. The academic environment they offer is flexible, engaging, and tailored to cater to the needs of all students. With a team of 32 dedicated individuals, Crater Lake Academy Inc prioritizes partnerships and community engagement in their educational approach.
Official website here: www.craterlakecharter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 45%
Crater Lake Academy Inc received a low rating of 45% from Charity Navigator, which translates to a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the organization's accountability and financial practices. While the organization has a fully independent board and strong oversight for financial statements, it lacks essential policies such as conflict of interest, whistleblower protections, and document retention guidelines.
One of the strengths of Crater Lake Academy is its commitment to maintaining a majority independent board, which typically enhances governance. Additionally, the absence of material diversion of assets and good scoring in areas related to audit and oversight show that the organization adheres to some level of financial integrity. However, the liabilities to assets ratio is concerning, indicating potential financial instability.
On the downside, the organization has substantial shortcomings in key areas that contribute to overall transparency and accountability. Missing documentation regarding key policies and the absence of their tax forms on the website highlight transparency issues that may deter potential donors. The low program expense ratio further raises questions about how effectively the organization utilizes its funding to achieve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Crater Lake Academy Inc legitimate?
Crater Lake Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crater Lake Academy 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: $204,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,276,737
For more financial information, click here
Official website here: www.craterlakecharter.org
What is the mission statement of Crater Lake Academy Inc?
Crater Lake Academy Inc's mission is centered around supporting students in grades K through 12. Their academic environment is designed to foster leadership, teamwork, and excellence. The instruction offered is flexible, engaging, and relevant for all students, ensuring a comprehensive learning experience. The high school programs at Crater Lake Academy aim to develop innovative and effective academic programs, built on partnerships and student engagement.
Official website here: www.craterlakecharter.org
What is the revenue of Crater Lake Academy Inc?
Crater Lake Academy Inc's revenue in 2023 was $3,630,273.
Official website here: www.craterlakecharter.org
Who are the executives of Crater Lake Academy Inc and what are their salaries?
The average compensation at Crater Lake Academy Inc during 2023 was $37,042. There are 40 employees and 50 volunteers at Crater Lake Academy Inc.
Here are 7 key members and their salaries:
- Compensation: $103,709
- Related: $0
- Other: $6,223
- Compensation: $89,640
- Related: $0
- Other: $5,378
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.craterlakecharter.org
Where can I find the form 990 for Crater Lake Academy Inc?
Crater Lake Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.craterlakecharter.org
Learn more at the official website: www.craterlakecharter.org
Mission Statement of Crater Lake Academy Inc
Crater Lake Academy Inc, an educational institution catering to students from grades K through 12, is dedicated to providing an academic environment that emphasizes leadership, teamwork, and excellence. The instruction offered at the academy is flexible, engaging, and relevant, ensuring that it resonates with all students. The mission of Crater Lake Academy Inc is to foster a nurturing learning environment that empowers its students to reach their full potential. The academy's approach to education is rooted in partnerships and engagement, emphasizing the development of innovative academic programs that cater to the unique needs of each student.
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Impact
October, 2024
Crater Lake Academy Inc significantly impacts the educational landscape for students in grades K through 12 by providing a dynamic academic environment centered on leadership, teamwork, and excellence. Its innovative approach to education ensures that instruction is not only flexible and relevant but also engaging, allowing students to thrive based on their individual needs and interests.
By developing effective academic programs rooted in partnerships and community engagement, Crater Lake Academy fosters a culture of collaboration and support among students, educators, and families. This holistic approach prepares students not just academically, but also equips them with essential life skills that are vital for their future success. The academy's commitment to nurturing well-rounded individuals contributes positively to the community in Eagle Point, Oregon, empowering the next generation to become capable and confident leaders.
This information is meant to be a general summary of Crater Lake Academy 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 2023.
- Investment Income: $155
- Program Service Revenue: $491,728
- Gross Receipts: $4,116,175
Assets and Liabilities:
- Total Assets: $3,082,779
- Total Liabilities: $3,322,301
- Net Assets: -$239,522
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational Support Svc.
Revenue
$491,728
Organization Details
Founding Year
2020
Principal Officer
Jonathan Bilden
Website
www.craterlakecharter.orgNTEE Category
Code: B20 - Education
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