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Lake Oconee Academy Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460908049 ✦ Greensboro, GA ✦ Designated as a 501(c)(3)

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Overview

What is Lake Oconee Academy Foundation Inc?

Lake Oconee Academy Foundation Inc is a nonprofit organization situated in Greensboro, Georgia, specifically at 1021 Titan Circle. The primary focus of this organization is to support the Lake Oconee Academy, a public charter school. Through donations from parents, the general public, and other supporters of the school, Lake Oconee Academy Foundation Inc contributes to enriching various programs within the academy, including art, athletics, music, and theatre. Furthermore, the organization also provides financial assistance to procure necessary equipment for these activities, such as musical instruments or sports equipment, when required.

Is Lake Oconee Academy Foundation Inc legitimate?

Lake Oconee Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Oconee Academy Foundation 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: $23,790

For more financial information, click here

What is the mission statement of Lake Oconee Academy Foundation Inc?

The Lake Oconee Academy Foundation Inc's mission revolves around supporting a public charter school. They accomplish this by collecting donations from various sources, including parents and the general public, and other supporters of the school. The organization uses these funds to enhance educational programs, specifically in the areas of art, athletics, music, and theatre, by purchasing necessary equipment when required. The Foundation's primary goal is to contribute to the overall development and enrichment of the Lake Oconee Academy.

Who is the CEO of Lake Oconee Academy Foundation Inc?

Otho Tucker is the Vice Chairman of Lake Oconee Academy Foundation Inc. The CEO's salary of Lake Oconee Academy Foundation Inc is $0 and their total compensation is $0.

What is the revenue of Lake Oconee Academy Foundation Inc?

Lake Oconee Academy Foundation Inc's revenue in 2022 was $1,483,193.

Who are the executives of Lake Oconee Academy Foundation Inc and what are their salaries?


Here are 10 key members and their salaries (Lake Oconee Academy Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Ty Dickey (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kip Dominy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ansley Vinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Jeffords (Ceo Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Quinn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Fordham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Labelle (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Berardo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Dracos Lemming (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger Dimascio (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake Oconee Academy Foundation Inc?

Lake Oconee Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lake Oconee Academy Foundation Inc

Lake Oconee Academy Foundation Inc is an organization dedicated to supporting Lake Oconee Academy, a public charter school. Their mission involves raising funds from parents, the general public, and other supporters of the school. These contributions are used to enhance various programs within the school, such as art, athletics, music, and theatre. When necessary, the Foundation also purchases necessary equipment for these areas, ensuring that the students at Lake Oconee Academy have access to the best possible resources to foster their growth and development.

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Impact




October, 2024

Lake Oconee Academy Foundation Inc significantly enhances the educational experience at Lake Oconee Academy by providing essential support for various programs. Its contributions have enriched arts, athletics, music, and theatre offerings, ensuring that students have access to a well-rounded education. Through donations from parents, the community, and other supporters, the Foundation plays a crucial role in funding necessary equipment for music and sports, fostering an environment where students can thrive both academically and artistically. This collaboration empowers the school to maintain high standards and engage students in diverse extracurricular activities, ultimately cultivating a vibrant school culture in Greensboro, GA.




This information is meant to be a general summary of Lake Oconee Academy Foundation 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.

Revenue
$1,483,193 (2022)
Expenses
$1,529,119 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,026
  • Program Service Revenue: $874,473
  • Gross Receipts: $1,483,193

Assets and Liabilities:

  • Total Assets: $20,937,683
  • Total Liabilities: $18,897,706
  • Net Assets: $2,039,977

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RentalCharter School

Revenue

$874,473

Organization Details

Founding Year

2012

Principal Officer

Otho Tucker

Main Address

1021 Titan Circle, Greensboro, GA, 306426047

NTEE Category

Code: T50 - Philanthropy

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