Overview
What is Genesis Classical Academy Inc?
Genesis Classical Academy Inc, situated in Winnebago, MN, is a nonprofit organization devoted to the comprehensive education of students. They employ the classical approach of grammar, logic, and rhetoric, tailoring their curriculum to the developmental stages of children. This methodology not only imparts knowledge but also fosters understanding and its application. The academy has expanded its offerings to include a 10th-grade program, ensuring continuity in the students' learning journey. Beyond academics, Genesis Classical Academy incorporates spiritual guidance, deriving from the Christian faith, as an integral part of their educational philosophy.
Official website here: www.genesisclassical.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
Genesis Classical Academy Inc has received a Two-Star rating from Charity Navigator, indicating that the organization needs improvement in its accountability and financial practices. While it scores well in areas such as independent board member representation and program expense ratio, there are significant concerns regarding its lack of essential policies and transparency, particularly the absence of financial statements and key governance policies.
The organization boasts a high percentage of independent board members, which reflects positively on its governance structure. It also demonstrates a strong commitment to its programs, with a program expense ratio of over 75%. However, the absence of a conflict of interest policy, whistleblower policy, and document retention policy raises red flags about its operational accountability and ethical standards.
Overall, while Genesis Classical Academy has strengths in specific governance metrics and financial integrity concerning asset management, the lack of documented financial transparency and governance policies detracts from its overall rating. Addressing these weaknesses could enhance its credibility and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Genesis Classical Academy Inc legitimate?
Genesis Classical Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Classical 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $523,297
For more financial information, click here
Official website here: www.genesisclassical.com
What is the mission statement of Genesis Classical Academy Inc?
Genesis Classical Academy Inc's mission is centered around the academic and spiritual education of its students. They achieve this by utilizing the classical methodology of grammar, logic, and rhetoric. This approach not only imparts knowledge but also fosters understanding and its application. The curriculum is designed to cater to the natural growth of a child, progressing through three stages: grammar, logic, and rhetoric. The academy aims to continue supporting students as they advance, as evidenced by the addition of a 10th-grade program. In essence, Genesis Classical Academy combines academic rigor with spiritual guidance, providing a holistic educational experience.
Official website here: www.genesisclassical.com
Who is the CEO of Genesis Classical Academy Inc?
Lance Slater is the Secretary of Genesis Classical Academy Inc.
Official website here: www.genesisclassical.com
What is the revenue of Genesis Classical Academy Inc?
Genesis Classical Academy Inc's revenue in 2022 was $874,452.
Official website here: www.genesisclassical.com
Who are the executives of Genesis Classical Academy Inc and what are their salaries?
The average compensation at Genesis Classical Academy Inc during 2022 was $11,629. There are 45 employees and 6 volunteers at Genesis Classical Academy Inc.
Here are 7 key members and their salaries:
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Official website here: www.genesisclassical.com
Where can I find the form 990 for Genesis Classical Academy Inc?
Genesis Classical Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.genesisclassical.com
Learn more at the official website: www.genesisclassical.com
Mission Statement of Genesis Classical Academy Inc
Genesis Classical Academy, as a nonprofit organization, is committed to providing both academic and spiritual education to its students. This is accomplished through the application of the classical methodology, which comprises three stages: grammar, logic, and rhetoric. This approach allows the students to not only acquire knowledge but also develop an understanding of it and learn how to apply it effectively. The curriculum at Genesis Classical Academy is designed to cater to the natural development of children, ensuring a comprehensive and well-rounded education. In an effort to continue serving its students as they progress, Genesis Classical Academy has expanded its offerings to include a 10th-grade program. The mission of Genesis Classical Academy is to foster the growth and development of its students, not only intellectually but also spiritually, utilizing the principles of Christianity as a guide.
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Impact
July, 2024
Genesis Classical Academy Inc's impact lies in its unique approach to education, blending academic excellence with spiritual guidance. By utilizing the classical methodology of grammar, logic, and rhetoric, the academy equips students with not just knowledge, but also understanding and the ability to apply their learning. This holistic approach to education nurtures well-rounded individuals who are not only academically proficient but also spiritually grounded in the teachings of Christianity. The expansion of the grade levels to include a 10th-grade program demonstrates the Academy's commitment to providing a comprehensive educational experience as students progress in their learning journey. Located in Winnebago, MN, Genesis Classical Academy is making a significant impact by shaping the minds and hearts of students through its distinctive educational approach.
This information is meant to be a general summary of Genesis Classical 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 2022.
- Investment Income: $2,797
- Program Service Revenue: $440,998
- Gross Receipts: $891,481
Assets and Liabilities:
- Total Assets: $750,706
- Total Liabilities: $285,256
- Net Assets: $465,450
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$5,300
EXTENDED DAY FEES
Revenue
$3,684
ACTIVITYATHLETIC FEES
Revenue
$16,904
TUITIONTUTORING
Revenue
$371,854
FOOD SERVICE FEES
Revenue
$43,006
Organization Details
Founding Year
2012
Principal Officer
Lance Slater
Main Address
PO BOX 735, Winnebago, MN, 56098
Website
www.genesisclassical.comNTEE Category
Code: B24 - Education
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