Overview
What is Laurel Academy?
Laurel Academy is a nonprofit elementary school located in Seattle, Washington, with a diverse student population drawn from various corners of the world due to its proximity to the University of Washington and international businesses. The school, which currently serves 118 children aged 2 to 12 years in nine classrooms, is committed to providing private education in a secure environment. Their educational approach, inspired by Applied Scholastics' Study Technology, aims to foster happy, challenged, supported, and well-educated students by recognizing and addressing learning barriers. The school's Kinder Prep program, designed to bridge the gap between preschool and elementary education, has proven effective in preparing children for the challenges of the elementary school setting. With a team of 38 dedicated employees, Laurel Academy is dedicated to nurturing the great potential in every child, fostering their love for learning from kindergarten through sixth grade.
Official website here: www.laurelacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Laurel Academy has earned a commendable Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is derived entirely from their accountability and finance metrics, indicating a solid commitment to transparency and responsible financial management. The fiscal year information is from FY2022, where the organization demonstrated effective governance through a majority of independent board members and robust policies related to conflicts of interest and whistleblowing.
The organization showcases strong financial health, evidenced by a program expense ratio of 95.46%, meaning most of their funds are directed towards their programs. Additionally, they have maintained a low liabilities-to-assets ratio of 19.45%, suggesting that they are in a stable financial position with manageable debt levels. The presence of proper documentation practices, including board meeting minutes and a clear conflict of interest policy, further supports their accountability.
However, while the rating is favorable, there is a reliance on a single beacon score, which may limit a comprehensive assessment of their overall impact and effectiveness. Further insights into their program outcomes would provide a clearer picture of how their work translates into community benefit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Laurel Academy?
100% of 6 reviewers on Facebook recommend Laurel Academy. Here is a summary of their reviews:
The strong sentiment towards Laurel Academy highlights its commitment to providing a comprehensive child-centered education. Families appreciate the inclusive atmosphere that encourages diverse personalities and backgrounds, contributing to a supportive environment for all students. Parents feel reassured knowing their children are receiving a quality education that values individuality over competitive entrance requirements.
Overall, Laurel Academy appears to foster a welcoming community where students thrive emotionally and academically. The positive experiences shared by families reflect a genuine satisfaction with the institution’s approach to education and its impact on children's growth and self-esteem.
This AI summary has been generated from reviews found on Facebook.
Is Laurel Academy legitimate?
Laurel Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel 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: $128,851
Professional Fundraising Fees: $0
Other Salaries and Wages: $850,453
For more financial information, click here
Official website here: www.laurelacademy.org
What is the mission statement of Laurel Academy?
Laurel Academy's mission is centered around providing private elementary education in a secure environment. The academy employs the Study Technology developed by Applied Scholastics to educate students, aiming to foster happiness, challenges, support, and a well-rounded education. The educational approach at Laurel Academy believes in the potential of every child, recognizing that learning difficulties often stem from inadequate or flawed educational methods. By instilling a sense of purpose in the subjects being learned and equipping students with tools to identify and overcome learning barriers, the academy encourages self-responsibility and sustained interest in learning. Laurel Academy offers education to children from kindergarten to sixth grade, utilizing a full-year curriculum in organized activities. The diverse student population at Laurel Academy is a result of its proximity to the University of Washington and international businesses. The academy currently serves 118 students between the ages of 2 and 12 years in nine classrooms, with its Kinder Prep program successfully transitioning preschoolers into elementary education and graduating students thriving in their new middle school environments.
Official website here: www.laurelacademy.org
Who is the CEO of Laurel Academy?
Tim Stoner is the Director & President of Laurel Academy.
Official website here: www.laurelacademy.org
What is the revenue of Laurel Academy?
Laurel Academy's revenue in 2022 was $1,695,009.
Official website here: www.laurelacademy.org
Who are the executives of Laurel Academy and what are their salaries?
The average compensation at Laurel Academy during 2022 was $25,771. There are 38 employees and 15 volunteers at Laurel Academy.
Here are 6 key members and their salaries:
- Compensation: $128,851
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.laurelacademy.org
Where can I find the form 990 for Laurel Academy?
Laurel Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.laurelacademy.org
Learn more at the official website: www.laurelacademy.org
Mission Statement of Laurel Academy
Laurel Academy, a private elementary institution, is committed to providing a safe learning environment for children from Kindergarten to 6th grade. Their mission is twofold: firstly, to educate children using Applied Scholastics' Study Technology, fostering an atmosphere where students are motivated, challenged, supported, and well-educated. Secondly, Laurel Academy believes in recognizing and addressing barriers to learning, empowering children to take responsibility for their education and maintain their interest in subjects they are passionate about. This educational approach, combined with organized activities and a full-year curriculum, equips students with the necessary skills to thrive in their academic journeys. The diverse student population at Laurel Academy, drawn from various international backgrounds, adds richness and cultural depth to the learning experience.
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Impact
July, 2024
Laurel Academy's impact lies in providing a unique and effective approach to elementary education for children. By focusing on each child's individual potential and utilizing the Study Technology method, the academy empowers students to take charge of their own learning and maintain interest in subjects they want to explore. With a diverse student population and a strong curriculum, Laurel Academy prepares students for success in both elementary and middle school environments. The academy's commitment to creating a safe and supportive learning environment ensures that students not only excel academically but also grow into happy, challenged, and well-educated individuals.
This information is meant to be a general summary of Laurel 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: $542
- Program Service Revenue: $1,612,447
- Gross Receipts: $1,697,957
Assets and Liabilities:
- Total Assets: $5,168,668
- Total Liabilities: $1,005,756
- Net Assets: $4,162,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,575,808
OTHER INCOME
Revenue
$16,403
ENROLLMENT FEES
Revenue
$14,500
MATERIAL FEES
Revenue
$2,890
PIANO LESSONS
Revenue
$2,135
Organization Details
Founding Year
2011
Phone
(206) 522-5992Principal Officer
Tim Stoner
Main Address
12700 35TH AVE NE, SEATTLE, WA, 98125
Website
www.laurelacademy.orgNTEE Category
Code: B21 - Education
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