Overview
What is Colorado International Language Academy?
Colorado International Language Academy is a nonprofit organization that offers a comprehensive educational program, focusing on promoting fluency in English and another significant language and culture. Their mission includes providing an academically rigorous and content-rich curriculum, fostering the development of well-rounded individuals with strong character and discipline. As part of its initiatives, the academy operates a charter school, further expanding its reach and impact. The goal is to equip students with dual linguistic and cultural competencies, thereby broadening their horizons and preparing them for an increasingly interconnected world.
Official website here: www.cilaschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Colorado International Language Academy has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization has shown strengths in board independence and financial oversight, with 100% of board members being independent and a strong score for its audit and oversight committee. Additionally, the program expense ratio of 82.04% suggests that a significant portion of its expenses is directed towards its mission-related programs.
However, the organization faces several challenges that impact its overall rating. Notably, it lacks critical policies such as a whistleblower policy and document retention and destruction policy, which raises concerns about governance and transparency. Furthermore, the high liabilities to assets ratio of 152.02% indicates potential financial stability issues that may need to be addressed to ensure long-term sustainability.
Overall, while the Colorado International Language Academy exhibits some effective governance practices, its missing policies and financial concerns highlight areas that require attention to improve its standing and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado International Language Academy legitimate?
Colorado International Language Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado International Language 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,677,100
For more financial information, click here
Official website here: www.cilaschool.org
What is the mission statement of Colorado International Language Academy?
Colorado International Language Academy's mission is centered around providing a rigorous academic program. This program is designed to foster fluency in English and another major language, as well as an understanding of the respective culture. The academy also strives to deliver an academically challenging, content-rich curriculum. Additionally, it aims to develop students into individuals of good character and discipline. The academy accomplishes this mission through its operations as a charter school.
Official website here: www.cilaschool.org
Who is the CEO of Colorado International Language Academy?
Beth Desloges is the Vice President of Colorado International Language Academy.
Official website here: www.cilaschool.org
What is the revenue of Colorado International Language Academy?
Colorado International Language Academy's revenue in 2023 was $3,606,074.
Official website here: www.cilaschool.org
Who are the executives of Colorado International Language Academy and what are their salaries?
The average compensation at Colorado International Language Academy during 2023 was $27,493. There are 61 employees and 31 volunteers at Colorado International Language Academy.
Here are 5 key members and their salaries:
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Official website here: www.cilaschool.org
Where can I find the form 990 for Colorado International Language Academy?
Colorado International Language Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cilaschool.org
Learn more at the official website: www.cilaschool.org
Mission Statement of Colorado International Language Academy
Colorado International Language Academy, a renowned institution, is committed to delivering a rigorous academic program with a unique focus. Its primary objective is to nurture students towards becoming proficient in both English and another major language, while also immersing them in the corresponding culture. The academy strives to provide an academically challenging and enriching curriculum, fostering an environment that cultivates well-rounded individuals of good character and discipline. As part of its initiatives, Colorado International Language Academy operates a charter school, providing a comprehensive learning experience.
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Impact
July, 2024
Colorado International Language Academy's impact can be seen through its commitment to providing a rigorous academic program designed to achieve fluency in English and another major language and culture. By offering an academically challenging curriculum and focusing on developing students of good character and discipline, the academy is shaping well-rounded individuals who are not only fluent in multiple languages but also equipped with the skills needed to succeed in a diverse and globalized world. Through its charter school program in Colorado Springs, the academy is making a tangible difference in the lives of students and the community by promoting language proficiency, academic excellence, and the development of responsible citizens.
This information is meant to be a general summary of Colorado International Language 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 2023.
- Investment Income: $62,847
- Program Service Revenue: $3,020,639
- Gross Receipts: $3,606,074
Assets and Liabilities:
- Total Assets: $3,915,925
- Total Liabilities: $5,953,149
- Net Assets: -$2,037,224
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Pupil funding
Revenue
$2,721,730
District Mill Levy
Revenue
$248,770
Charges For Services
Revenue
$50,139
Organization Details
Founding Year
2013
Phone
(719) 645-8063Principal Officer
Beth Desloges
Main Address
303 Austin Bluffs Parkway, Colorado Springs, CO, 80918
Website
www.cilaschool.orgNTEE Category
Code: B29 - Education
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