Overview
What is Falls Lake Academy?
Falls Lake Academy is a North Carolina public charter school that provides facilities, teachers, and materials to its students. The organization, with 177 employees, is dedicated to creating a challenging learning environment for 21st century learners. It aims to foster self-esteem and positive relationships among students and staff, preparing them for citizenship, leadership, and success in a rapidly changing world. The school promotes a safe, orderly, caring, and supportive community where parents, teachers, and community members are encouraged to be actively involved in their children's learning.
Official website here: www.fallslakeacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Falls Lake Academy has received a two-star rating from Charity Navigator, indicating a need for improvement despite scoring 100% in Accountability & Finance. The organization demonstrates strong governance practices, with an independent board consisting of all members and effective financial oversight. Its program expense ratio is high at 96.18%, suggesting that a significant portion of its budget is allocated towards its programs.
However, there are notable areas where the organization falls short. The absence of a whistleblower policy and a document retention and destruction policy raises concerns regarding transparency and accountability. Additionally, the failure to post tax forms on its website could hinder public access to important financial information, impacting trust among donors and stakeholders.
Overall, while Falls Lake Academy maintains a solid financial foundation and program focus, addressing its governance gaps and enhancing transparency will be crucial for improving its rating and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Falls Lake Academy legitimate?
Falls Lake Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Falls Lake 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:
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For more financial information, click here
Official website here: www.fallslakeacademy.com
What is the mission statement of Falls Lake Academy?
Falls Lake Academy is dedicated to creating an engaging learning environment for 21st century students. The academy aims to cater to the academic, social, and emotional needs of students to prepare them for citizenship, leadership, and success in a rapidly evolving world. The academy fosters a safe, orderly, caring, and supportive community where each student's self-esteem is nurtured through positive relationships with peers and staff. The academy encourages active involvement of parents, teachers, and community members in the learning process to enhance the educational experience of students.
Official website here: www.fallslakeacademy.com
Who is the CEO of Falls Lake Academy?
Ashley Keith is the Chairman of Falls Lake Academy.
Official website here: www.fallslakeacademy.com
What is the revenue of Falls Lake Academy?
Falls Lake Academy's revenue in 2022 was $12,156,063.
Official website here: www.fallslakeacademy.com
Who are the executives of Falls Lake Academy and what are their salaries?
There are 177 employees at Falls Lake Academy.
Here are 8 key members and their salaries:
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- Compensation: $113,554
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- Other: $15,076
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Official website here: www.fallslakeacademy.com
Where can I find the form 990 for Falls Lake Academy?
Falls Lake Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fallslakeacademy.com
Learn more at the official website: www.fallslakeacademy.com
Mission Statement of Falls Lake Academy
Falls Lake Academy is a learning institution dedicated to creating an engaging educational experience for 21st century learners. The academy's mission is to foster a challenging learning environment that caters to the academic, social, and emotional needs of its students. By promoting a safe, orderly, caring, and supportive community, Falls Lake Academy aims to prepare its students for citizenship, leadership, and success in a rapidly changing world.
Each student's self-esteem is nurtured through positive relationships with peers and staff. Active involvement from parents, teachers, and community members plays a pivotal role in the learning process at Falls Lake Academy. The academy's commitment to its students extends beyond the classroom, as it strives to ensure that every student thrives in a community that values their growth and development.
Falls Lake Academy's educational approach prioritizes the unique needs of each learner, fostering an environment where they can grow into confident and capable individuals. The academy's caring and supportive atmosphere encourages students to reach their full potential, instilling in them the essential skills and knowledge required to succeed in today's dynamic world.
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Impact
October, 2024
Falls Lake Academy significantly impacts its students and the broader community by cultivating an enriching educational environment. Focused on addressing the academic, social, and emotional needs of 21st-century learners, the academy prepares students for future citizenship, leadership, and success in an ever-evolving world.
The school prioritizes creating a safe, orderly, and supportive atmosphere where positive relationships between students and staff enhance each student's self-esteem. This nurturing environment allows students to thrive academically and personally, fostering resilience and a strong sense of community.
Further, Falls Lake Academy actively encourages parental and community involvement in the educational process, ensuring a collaborative approach to learning. By engaging families and local members in the academic journey, the academy not only strengthens support networks for students but also reinforces the importance of collective investment in education, leading to a more informed and engaged community.
Overall, Falls Lake Academy's comprehensive focus on student needs and community engagement plays a vital role in shaping well-rounded individuals prepared to navigate the complexities of the modern world.
This information is meant to be a general summary of Falls Lake 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.
- Program Service Revenue: $210,761
- Gross Receipts: $12,156,063
Assets and Liabilities:
- Total Assets: $23,813,178
- Total Liabilities: $20,028,287
- Net Assets: $3,784,891
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BEFORE AND AFTER SCHOOL CARE
Revenue
$210,761
Organization Details
Founding Year
2013
Phone
(919) 964-9003Principal Officer
Ashley Keith
Main Address
1701 E LYON STATION ROAD, CREEDMOOR, NC, 27522
Website
www.fallslakeacademy.comNTEE Category
Code: B29 - Education
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