Overview
What is Lead Academy Classical School?
Lead Academy Classical School is a nonprofit organization situated in Pace, Florida, with a commitment to providing quality education. Established under Section 501(C)(3) of the Internal Revenue Code, the school operates with charitable, religious, and scientific purposes in mind. It serves as a private, Christian classical school, employing a classical curriculum model for teaching and educating students from grades K-12. The school is dedicated to instilling knowledge and skills in its students, operating with a total staff of 72 individuals. The school's mission is to provide a nurturing environment that combines traditional learning methods with a strong emphasis on Christian values.
Official website here: www.leadacademylions.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Lead Academy Classical School has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization is facing challenges in its accountability and financial management. With an overall score of 60%, it demonstrates some strengths, particularly in having a majority of independent board members and a high program expense ratio, which suggests that a significant portion of its funding is directed towards its programs.
However, the organization has notable weaknesses that have impacted its rating. The absence of key financial documents, such as financial statements and the tax form on its website, raises concerns about transparency. Furthermore, the lack of essential policies related to conflict of interest, whistleblowing, and document retention further detracts from its accountability score.
Overall, while Lead Academy Classical School shows commitment through its program expenses, it must address its financial reporting and governance policies to improve its accountability and enhance public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Lead Academy Classical School legitimate?
Lead Academy Classical School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lead Academy Classical 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,094,388
For more financial information, click here
Official website here: www.leadacademylions.com
What is the mission statement of Lead Academy Classical School?
The Lead Academy Classical School is established with a charitable, religious, and scientific purpose, as per Section 501(C)(3) of the IRC. Its primary objective is to operate as a private Christian classical school, utilizing a classical curriculum model. The school's mission is to instruct and educate students from grades K-12, providing them with a comprehensive learning experience. The school aims to foster an educational environment that combines traditional teaching methods with a strong focus on Christian values, thereby contributing to the holistic development of its students.
Official website here: www.leadacademylions.com
Who is the CEO of Lead Academy Classical School?
Henry F Lay is the Director of Lead Academy Classical School.
Official website here: www.leadacademylions.com
What is the revenue of Lead Academy Classical School?
Lead Academy Classical School's revenue in 2022 was $4,103,499.
Official website here: www.leadacademylions.com
Who are the executives of Lead Academy Classical School and what are their salaries?
The average compensation at Lead Academy Classical School during 2022 was $29,089. There are 72 employees at Lead Academy Classical School.
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Official website here: www.leadacademylions.com
Where can I find the form 990 for Lead Academy Classical School?
Lead Academy Classical School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadacademylions.com
Learn more at the official website: www.leadacademylions.com
Mission Statement of Lead Academy Classical School
Lead Academy Classical School, a nonprofit organization operating under Section 501(C)(3) of the Internal Revenue Code, is committed to serving charitable, religious, and scientific purposes. Its primary mission is to function as a private Christian classical school, instructing and educating students from grades K-12 using a classical curriculum model. This educational approach aims to provide a comprehensive and well-rounded education, fostering intellectual growth and spiritual development in its students. The school's objective is to shape future generations with a strong foundation in the classical tradition, ensuring they become competent, well-informed, and morally responsible individuals.
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Impact
July, 2024
Lead Academy Classical School's impact is evident in the education and character development of students in grades K-12. By providing a private Christian classical school experience, the school contributes to shaping well-rounded individuals with a strong foundation in academics, ethics, and beliefs. Through its classical curriculum model, Lead Academy Classical School fosters critical thinking, cultural literacy, and a deep understanding of the humanities. This approach not only prepares students for academic success but also equips them with moral and ethical principles essential for their future endeavors. The school's commitment to charitable, religious, and scientific purposes reflects its dedication to nurturing students who are not only academically proficient but also empathetic, spiritually grounded, and intellectually curious. Lead Academy Classical School's impact extends beyond the classroom, shaping future leaders who embody the values of a holistic education.
This information is meant to be a general summary of Lead Academy Classical 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.
- Investment Income: $1,518
- Program Service Revenue: $3,706,984
- Gross Receipts: $4,120,025
Assets and Liabilities:
- Total Assets: $8,430,083
- Total Liabilities: $5,229,778
- Net Assets: $3,200,305
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOLARSHIP INCOME
Revenue
$1,928,345
TUITION INCOME
Revenue
$1,252,569
SCHOOL ACTIVITIES INCOME
Revenue
$297,620
REGISTRATION & LATE FEE INCOM
Revenue
$179,201
OTHER SCHOOL INCOME
Revenue
$49,249
Organization Details
Founding Year
2013
Phone
(850) 995-1900Principal Officer
Henry F Lay
Main Address
7121 CHUMUCKLA HWY, PACE, FL, 32571
Website
www.leadacademylions.comNTEE Category
Code: B24 - Education
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