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Shining Rock Classical Academy

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

EIN: 463524987 ✦ Waynesville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Shining Rock Classical Academy?

Shining Rock Classical Academy is a publicly chartered school situated in Waynesville, North Carolina, specifically at 2150 Russ Ave. The academy, governed by the North Carolina Department of Public Instruction's charter school legislation, is dedicated to providing quality education for elementary students in the community. With a team of 99 dedicated individuals, the school operates with the mission of delivering a high-quality educational experience to its pupils, aiming to contribute positively to the local community.


Official website here: www.srca.teamcfa.school

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

Shining Rock Classical Academy has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The score is derived entirely from their Accountability & Finance metrics, which are rated at 96%. This high rating indicates that the organization effectively manages its resources and adheres to established standards of governance.

The academy demonstrates exemplary practices, including having a fully independent board and robust financial oversight mechanisms. All board members are independent, and they have established policies for conflict of interest and whistleblower protections. Additionally, they have a low liabilities-to-assets ratio and a significant majority of expenses directed towards programs, illustrating their focus on mission-driven initiatives.

There are no noted limitations in the data, as the organization consistently meets or exceeds standards in various governance categories. Overall, Shining Rock Classical Academy stands out as a financially responsible and well-managed nonprofit, dedicated to providing quality education while maintaining transparency and accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Shining Rock Classical Academy legitimate?

Shining Rock Classical Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shining Rock Classical 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: $2,434,346

For more financial information, click here


Official website here: www.srca.teamcfa.school

What is the mission statement of Shining Rock Classical Academy?

Shining Rock Classical Academy's mission is centered around operating a charter school, providing education to children within the community. Their primary objective is to operate under the North Carolina Department of Public Instruction's charter school legislation. The academy aims to provide quality education to elementary students, fostering an environment that encourages learning and growth. The institution's mission is focused on contributing positively to the local community by offering a public charter school option.


Official website here: www.srca.teamcfa.school

Who is the CEO of Shining Rock Classical Academy?

Melanie Norman is the Chair of Shining Rock Classical Academy.


Official website here: www.srca.teamcfa.school

What is the revenue of Shining Rock Classical Academy?

Shining Rock Classical Academy's revenue in 2022 was $5,812,423.


Official website here: www.srca.teamcfa.school

Who are the executives of Shining Rock Classical Academy and what are their salaries?

The average compensation at Shining Rock Classical Academy during 2022 was $24,589. There are 99 employees and 9 volunteers at Shining Rock Classical Academy.


Here are 5 key members and their salaries:


Lori Castner (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Lay (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Malis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Norman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.srca.teamcfa.school

Where can I find the form 990 for Shining Rock Classical Academy?

Shining Rock Classical Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.srca.teamcfa.school

Learn more at the official website: www.srca.teamcfa.school

Mission Statement of Shining Rock Classical Academy

Shining Rock Classical Academy is a public charter school dedicated to serving the educational needs of elementary students within its community. The academy operates under the North Carolina Department of Public Instruction's charter school legislation, aiming to provide a high-quality education to its students. The mission of Shining Rock Classical Academy can be summarized as being committed to providing a comprehensive educational experience that prepares its pupils for future academic and personal success. By operating as a charter school, Shining Rock Classical Academy has the flexibility to develop and implement unique educational programs tailored to the needs of its students, fostering an environment that encourages intellectual growth and personal development.

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Impact




July, 2024

Shining Rock Classical Academy has a significant impact on the community by providing high-quality education to elementary students in Waynesville, North Carolina. The school operates as a public charter school under the North Carolina Department of Public Instruction legislation, offering a unique educational experience to children in the area. Through its mission of educating children in the community, Shining Rock Classical Academy plays a crucial role in shaping the future of its students and contributing to the overall academic landscape of the region.




This information is meant to be a general summary of Shining Rock Classical 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.

Revenue
$5,812,423 (2022)
2016201720182019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$5,675,376 (2022)
2016201720182019202020212022$0$1.5M$3M$4.5M$6M
Efficiency
20162017201820192020202120220%15%30%52%

Other financial information:

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

  • Investment Income: $2,439
  • Program Service Revenue: $104,249
  • Gross Receipts: $5,812,423

Assets and Liabilities:

  • Total Assets: $3,471,697
  • Total Liabilities: $1,584,247
  • Net Assets: $1,887,450

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Programs

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

CHILD CARE

Revenue

$54,889

FOOD SERVICE

Revenue

$49,360

Organization Details

Founding Year

2013

Principal Officer

Melanie Norman

Main Address

2150 RUSS AVE, WAYNESVILLE, NC, 28786

NTEE Category

Code: B20 - Education

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