Overview
What is Spectrum High School?
Spectrum High School, situated in Elk River, Minnesota, is a distinguished college-preparatory institution that upholds high standards and offers exceptional programming. As a public charter school catering to grades 6 through 12, Spectrum's primary mission is to equip its students with the necessary knowledge, skills, and attributes to successfully navigate their chosen college and career paths, and contribute positively to their surrounding community. To achieve this, Spectrum offers the College @ Spectrum High (C@SH) program, enabling students to earn over 60 college credits through partnerships with four different colleges. This unique program allows students to earn an Associate's Degree while still enrolled on the high school campus. With a dedicated workforce of 183 individuals, Spectrum High School is committed to empowering its students for a successful future.
Official website here: www.spectrumhighschool.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 77% (Three Stars)**
Spectrum High School has received a Three-Star out of Four Star rating from Charity Navigator, highlighting its overall accountability and finance score of 77%. The score indicates a relatively solid foundation in financial management, with strengths including a majority of independent board members and a high program expense ratio of 83.79%. However, the organization lacks a whistleblower policy, which could be seen as a limitation in governance practices.
The financial specifics show transparency in operations, with all required financial statements and policies being in place, although the liabilities to assets ratio raises some concerns, indicating potential financial strain relative to their assets. Leadership salaries appear competitive, reflecting a commitment to retaining experienced staff.
Currently, no user reviews from GreatNonprofits are available, which means insights from constituents or community members are missing. This lack of external feedback leaves an incomplete picture of the organization's impact and community perception.
This AI summary has been generated from information found on Charity Navigator.
Is Spectrum High School legitimate?
Spectrum High School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spectrum High School 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: $304,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,522,444
For more financial information, click here
Official website here: www.spectrumhighschool.org
What is the mission statement of Spectrum High School?
Spectrum High School's mission is centered around preparing its students for their future endeavors. The school aims to equip students with the necessary knowledge, skills, and attributes to excel in their chosen college and career paths. By fostering a college-preparatory environment, Spectrum High School aspires to set its students up for success in shaping the world around them. The school's College @ Spectrum High (C@SH) program offers an exceptional opportunity for students to earn over 60 college credits, taught by certified faculty, in partnership with four different colleges. This program allows students to earn an Associate of Arts degree while still attending high school, providing them with a head start in their academic journey.
Official website here: www.spectrumhighschool.org
Who is the CEO of Spectrum High School?
Dave Lucas is the Board Chair of Spectrum High School.
Official website here: www.spectrumhighschool.org
What is the revenue of Spectrum High School?
Spectrum High School's revenue in 2022 was $10,155,775.
Official website here: www.spectrumhighschool.org
Who are the executives of Spectrum High School and what are their salaries?
The average compensation at Spectrum High School during 2022 was $26,378. There are 183 employees and 163 volunteers at Spectrum High School.
Here are 12 key members and their salaries:
- Compensation: $137,740
- Related: $0
- Other: $21,029
- Compensation: $104,703
- Related: $0
- Other: $35,823
- Compensation: $112,782
- Related: $0
- Other: $11,194
- Compensation: $61,598
- Related: $0
- Other: $14,559
- Compensation: $59,893
- Related: $0
- Other: $14,865
- Compensation: $53,073
- Related: $0
- Other: $13,280
- Compensation: $45,836
- Related: $0
- Other: $10,710
- 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.spectrumhighschool.org
Where can I find the form 990 for Spectrum High School?
Spectrum High School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spectrumhighschool.org
Learn more at the official website: www.spectrumhighschool.org
Mission Statement of Spectrum High School
Spectrum High School, a leading college preparatory school, is dedicated to equipping its students with the necessary knowledge, skills, and attributes to successfully navigate their chosen college and career paths. This mission is not limited to academic excellence; it also aims to inspire students to positively impact their surroundings. Spectrum High School's College @ Spectrum High (C@SH) program stands out as a significant component of this mission. Through this program, students have the opportunity to earn over 60 college credits, taught by Spectrum's certified faculty in collaboration with four different colleges. This unique initiative allows Spectrum students to earn an Associate of Arts degree while still remaining on the high school campus, thereby accelerating their academic progress and preparing them for higher education.
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Impact
July, 2024
Spectrum High School's impact is significant in equipping students with the knowledge, skills, and attributes to successfully navigate their chosen college and career paths. Through its exceptional programming, such as the College @ Spectrum High (C@SH) program, students have the opportunity to earn over 60 college credits while in high school, enabling them to obtain an AA degree before graduating. This unique approach, taught by Spectrum certified faculty in partnership with colleges, provides students with a head start towards their academic and professional goals. By focusing on high standards and innovative educational opportunities, Spectrum High School empowers students to positively impact the world around them and achieve success in their future endeavors.
This information is meant to be a general summary of Spectrum High School. 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: -$4,423
- Program Service Revenue: $423,508
- Gross Receipts: $10,163,395
Assets and Liabilities:
- Total Assets: $6,601,700
- Total Liabilities: $8,833,814
- Net Assets: -$2,232,114
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM PATRONS
Revenue
$331,053
FOOD SALES
Revenue
$90,537
MEDICAL ASSISTANCE
Revenue
$1,918
Organization Details
Founding Year
2005
Phone
(763) 241-8703Principal Officer
Dave Lucas
Main Address
17796 INDUSTRIAL CIRCLE NW, ELK RIVER, MN, 55330
Website
www.spectrumhighschool.orgNTEE Category
Code: B25 - Education
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