Overview
What is Layc Career Academy Public Charter School?
Layc Career Academy Public Charter School is a nonprofit institution situated in Washington, D.C., specifically at 3224 16th Street NW. Its primary mission is to empower young individuals between the ages of 16 and 24, offering them a college preparatory education, career training in high-growth industries like healthcare and IT, and college-credit classes. The school, known as Layc Career Academy (LAYCCA), serves as a bridge between high school and college, providing rigorous and self-paced GED programs, a college-preparatory curriculum, and vocational training. With an innovative approach, Layc Career Academy aims to ensure that 95% of its graduates secure employment or continue their education within six months of graduation. The organization currently employs 22 individuals.
Official website here: www.laycca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Layc Career Academy Public Charter School has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization has a perfect score in several key areas, including 100% independent board members and robust financial oversight, indicating a commitment to transparency and sound governance.
The financial health of the organization is exceptional, with a low liabilities-to-assets ratio of 4.88% and a program expense ratio of 88.46%, which means that a significant portion of its budget is directed toward its educational programs. This financial prudence ensures that resources are effectively utilized to benefit the students and the community it serves.
While the organization boasts high ratings in governance and financial management, it is essential for stakeholders to remain aware of ongoing evaluations and impact assessments to ensure that the programs funded are meeting their intended goals and serving the community effectively. Overall, Layc Career Academy Public Charter School exemplifies strong nonprofit practices and a dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Layc Career Academy Public Charter School legitimate?
Layc Career Academy Public Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Layc Career Academy Public Charter 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: $273,906
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,216,539
For more financial information, click here
Official website here: www.laycca.org
What is the mission statement of Layc Career Academy Public Charter School?
Layc Career Academy Public Charter School empowers young individuals between the ages of 16 and 24 by offering a college preparatory education, career training in high-growth occupations, and college-credit classes. This innovative school model serves as a bridge between high school and college, providing students with the necessary skills and confidence to succeed in higher education and their future careers. Ninety-five percent of the school's graduates are employed or furthering their education within six months of completing their program. The academy's mission is to engage and empower its students, equipping them with the tools needed for success in the healthcare and information technology industries.
Official website here: www.laycca.org
Who is the CEO of Layc Career Academy Public Charter School?
Nicole Hanrahan is the Board Chair of Layc Career Academy Public Charter School.
Official website here: www.laycca.org
What is the revenue of Layc Career Academy Public Charter School?
Layc Career Academy Public Charter School's revenue in 2022 was $3,628,282.
Official website here: www.laycca.org
Who are the executives of Layc Career Academy Public Charter School and what are their salaries?
The average compensation at Layc Career Academy Public Charter School during 2022 was $67,748. There are 22 employees and 35 volunteers at Layc Career Academy Public Charter School.
Here are 12 key members and their salaries:
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- Compensation: $136,808
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- Other: $11,861
- Compensation: $122,877
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- Other: $2,358
Official website here: www.laycca.org
Where can I find the form 990 for Layc Career Academy Public Charter School?
Layc Career Academy Public Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.laycca.org
Learn more at the official website: www.laycca.org
Mission Statement of Layc Career Academy Public Charter School
Layc Career Academy Public Charter School aims to engage and empower young individuals between the ages of 16 and 24 by offering a college preparatory education, career training in high-growth industries, and college-credit classes. This innovative educational model serves as a bridge between high school and college for District of Columbia youth, providing them with the necessary tools to succeed in higher education and their future careers. Layc Career Academy's mission is driven by a commitment to equipping its students with the confidence and skills required for college success and long-term professional growth. Remarkably, 95% of its graduates are either employed or enrolled in further education within six months of completing their studies, a testament to the school's effectiveness in fulfilling its mission.
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Impact
July, 2024
Layc Career Academy Public Charter School's impact is significant in engaging and empowering young people between the ages of 16 and 24. By providing a college preparatory education, career training in high-growth occupations like health care and information technology, and college-credit classes, Layc Career Academy serves as a bridge between high school and college for youth in the District of Columbia. Ninety-five percent of their students are either working or in school within six months of graduation, showcasing the effectiveness of their programs in preparing students for success in further education or the workforce.
This information is meant to be a general summary of Layc Career Academy Public Charter 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.
- Program Service Revenue: $2,775,553
- Gross Receipts: $3,628,282
Assets and Liabilities:
- Total Assets: $2,972,400
- Total Liabilities: $219,648
- Net Assets: $2,752,752
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PER PUPIL ALLOCATION
Revenue
$2,775,553
Organization Details
Founding Year
2012
Phone
(202) 319-2228Principal Officer
Nicole Hanrahan
Main Address
3224 16TH STREET NW, WASHINGTON, DC, 20010
Website
www.laycca.orgNTEE Category
Code: B29 - Education
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