Overview
What is Clonlara Inc?
Clonlara Inc is a nonprofit organization based in Ann Arbor, Michigan, with a focus on distance learning. Operating both in the United States and Europe, it caters to a total of 2,273 students through its private K-12 home-schooling program. The organization's mission is to revolutionize education globally by adopting a highly personalized approach that encourages authenticity, independence, and enjoyment in the learning journey. Clonlara School, which runs the program, currently employs 34 individuals.
Official website here: www.clonlara.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 44%, Zero-Star out of Four Star rating.
Clonlara Inc has received a low rating of 44% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization benefits from a majority independent board, it lacks essential policies such as a conflict of interest and a whistleblower policy, which raises questions about governance and transparency. The absence of proper financial statement reviews further compounds these issues.
Despite these shortcomings, Clonlara Inc demonstrates some strengths, such as maintaining a material diversion of assets score of 10 out of 10, suggesting no major financial mismanagement. However, a concerning liabilities to assets ratio of 69.62% indicates potential financial instability. The program expense ratio of 58.77% does show that a significant portion of funds is directed towards its programs, though overall financial health remains questionable.
The nonprofit's transparency is also hindered by the missing tax form on its website, which is a critical resource for the public in assessing its financial health. Overall, while Clonlara Inc has some governance strengths, the lack of key policies and financial transparency poses significant limitations that potential donors and stakeholders should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Clonlara Inc legitimate?
Clonlara Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clonlara 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: $126,581
Professional Fundraising Fees: $0
Other Salaries and Wages: $791,175
For more financial information, click here
Official website here: www.clonlara.org
What is the mission statement of Clonlara Inc?
Clonlara Inc, through its educational institution Clonlara School, aims to revolutionize education on a global scale. This is accomplished by employing a highly personalized approach that encourages authenticity, self-governance, and joy in the learning process. The organization operates a private K-12 distance learning program, enrolling a total of 2,273 students across the United States and Europe, fostering an educational environment that caters to each student's unique needs and learning style.
Official website here: www.clonlara.org
Who is the CEO of Clonlara Inc?
Chandra Montgomery Nicol is the President of Clonlara Inc.
Official website here: www.clonlara.org
What is the revenue of Clonlara Inc?
Clonlara Inc's revenue in 2022 was $2,869,603.
Official website here: www.clonlara.org
Who are the executives of Clonlara Inc and what are their salaries?
The average compensation at Clonlara Inc during 2022 was $26,993. There are 34 employees at Clonlara Inc.
Here are 7 key members and their salaries:
- Compensation: $106,181
- Related: $0
- Other: $0
- Compensation: $20,400
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.clonlara.org
Where can I find the form 990 for Clonlara Inc?
Clonlara Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clonlara.org
Learn more at the official website: www.clonlara.org
Mission Statement of Clonlara Inc
Clonlara School, a renowned organization, is devoted to revolutionizing education on a global scale. It achieves this mission through a unique, personalized approach that encourages authenticity, self-governance, and joy in the learning process. This approach allows each student to tailor their education to their individual needs and interests, fostering a deep sense of engagement and fulfillment in their academic journey. With a strong commitment to this philosophy, Clonlara School serves over 2,273 students through its private K-12 distance learning (home schooling) program, both in the United States and Europe.
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Impact
July, 2024
Clonlara Inc, through its Clonlara School, is making a significant impact on education by transforming the traditional approach to learning on a global scale. By offering a highly personalized educational experience that prioritizes authenticity, autonomy, and joy in the learning process, Clonlara is equipping students with the skills and mindset needed to thrive in today's world. With a total student count of 2,273 enrolled in both the U.S. and Europe home-based educational programs, Clonlara Inc is shaping the future of education by providing a unique educational alternative that empowers students to take charge of their learning journey.
This information is meant to be a general summary of Clonlara 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 2022.
- Investment Income: $5,903
- Program Service Revenue: $2,749,448
- Gross Receipts: $2,954,212
Assets and Liabilities:
- Total Assets: $3,351,058
- Total Liabilities: $2,333,045
- Net Assets: $1,018,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND RELATED FEES
Revenue
$2,749,448
Organization Details
Founding Year
1969
Phone
(734) 769-4511Principal Officer
Chandra Montgomery Nicol
Main Address
1289 JEWETT, ANN ARBOR, MI, 48104
Website
www.clonlara.orgNTEE Category
Code: B24Z - Education
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