Overview
What is Great Lakes Academy Inc?
Great Lakes Academy Inc is a public charter school located in Chicago, Illinois, specifically at 8401 South Saginaw, with a mission to equip its students with fundamental academic skills, critical thinking abilities, and a strong character. This prepares them for success in high school, college, and their chosen careers. The school currently serves around 505 students, ranging from kindergarten to eighth grade, as of June 30, 2022. The school gradually expands by adding a grade each year, aiming to become a full kindergarten through eighth grade school serving approximately 575 students. With a dedicated staff of 122 employees, Great Lakes Academy Inc strives to empower its students today, equipping them with the education necessary to shape the world tomorrow.
Official website here: www.glachicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rate: 96%, Four-Star out of Four Star Rating
Great Lakes Academy Inc. demonstrates a strong commitment to accountability and finance, earning a commendable 96% rating, indicating effective management of its financial resources. The organization boasts an entirely independent board and a solid program expense ratio of 77.38%, showcasing its dedication to allocating funds towards its mission rather than administrative costs. However, some limitations exist, such as the lack of available data for evaluating its impact, culture, and leadership adaptability.
While user feedback from GreatNonprofits could not be fetched, the overall financial standing suggests a robust organizational structure. The absence of certain evaluation metrics emphasizes the need for improved transparency or reporting in specific areas, which could further bolster public trust and operational clarity. As the organization continues to grow, addressing these gaps may provide additional insights into its overall community impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Great Lakes Academy Inc?
84% of 19 reviewers on Facebook recommend Great Lakes Academy Inc. Here is a summary of their reviews:
Many parents express their satisfaction with the positive beginnings of Great Lakes Academy in their community. The administration's efforts to hire skilled teachers are particularly praised, highlighting the positive impact this has had on the children’s growth and overall experience.
Overall, the sentiment is largely favorable, with a strong emphasis on the academy's dedication to providing quality education and support for students. Many parents feel proud to be associated with the school and appreciate the strides it is making.
This AI summary has been generated from reviews found on Facebook.
Is Great Lakes Academy Inc legitimate?
Great Lakes Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Lakes 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: $330,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,052,372
For more financial information, click here
Official website here: www.glachicago.org
What is the mission statement of Great Lakes Academy Inc?
Great Lakes Academy Inc's mission is centered around preparing its students for future success. The school aims to equip students with fundamental academic skills, fostering critical thinking abilities and instilling strength of character. This education is intended to empower students to excel in high school, college, and pursue careers of their choice. The ultimate goal is to prepare students who can make a significant impact in the world tomorrow.
Official website here: www.glachicago.org
Who is the CEO of Great Lakes Academy Inc?
Ebonie Durham is the Executive Director of Great Lakes Academy Inc.
Official website here: www.glachicago.org
What is the revenue of Great Lakes Academy Inc?
Great Lakes Academy Inc's revenue in 2022 was $9,002,608.
Official website here: www.glachicago.org
Who are the executives of Great Lakes Academy Inc and what are their salaries?
The average compensation at Great Lakes Academy Inc during 2022 was $35,926. There are 122 employees and 500 volunteers at Great Lakes Academy Inc.
Here are 18 key members and their salaries:
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- Compensation: $115,000
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- Other: $13,823
Official website here: www.glachicago.org
Where can I find the form 990 for Great Lakes Academy Inc?
Great Lakes Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.glachicago.org
Learn more at the official website: www.glachicago.org
Mission Statement of Great Lakes Academy Inc
Great Lakes Academy, a public charter school, is dedicated to preparing all of its students for future academic and professional success. Their mission is to equip students with fundamental academic skills, cultivate critical thinking abilities, and instill a strong character, empowering them to excel in high school, college, and their chosen careers. This educational institution believes in providing students with the tools necessary to shape the world tomorrow. The school serves a diverse student body, with 505 students enrolled during the 2021-2022 academic year, ranging from kindergarten to eighth grade. The school plans to add one grade level per year, aiming to become a full kindergarten through eighth grade institution serving approximately 575 students.
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Impact
July, 2024
Great Lakes Academy Inc's impact lies in its dedication to preparing students with fundamental academic skills, critical thinking ability, and strength of character to excel in high school, college, and their chosen career. By serving over 500 students at the kindergarten through eighth-grade levels, this public charter school in Chicago equips its students with the education needed to make a positive impact on the world in the future. Through its mission, Great Lakes Academy Inc plays a vital role in shaping the next generation of leaders and change-makers in the community.
This information is meant to be a general summary of Great Lakes 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: $74,646
- Program Service Revenue: $586,379
- Gross Receipts: $9,052,342
Assets and Liabilities:
- Total Assets: $12,933,457
- Total Liabilities: $6,451,400
- Net Assets: $6,482,057
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PROGRAM
Revenue
$476,023
STUDENT FEES
Revenue
$110,356
Organization Details
Founding Year
2013
Phone
(773) 530-3040Principal Officer
Ebonie Durham
Main Address
8401 SOUTH SAGINAW, CHICAGO, IL, 60617
Website
www.glachicago.orgNTEE Category
Code: B29 - Education
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