Overview
What is New Legacy Charter School?
New Legacy Charter School is a nonprofit institution situated in Aurora, Colorado, specifically at 2091 Dayton Street. Their primary objective is to equip parenting students with essential skills to nurture healthy children. Simultaneously, they encourage all students to participate in individualized initiatives that foster college and career readiness. The school's mission is geared towards enhancing students' abilities and preparing them for future academic and professional endeavors. The school is staffed by 47 dedicated individuals.
Official website here: www.newlegacycharter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
New Legacy Charter School has received a solid Three-Star rating from Charity Navigator, reflecting a commendable score of 81% in accountability and finance. This rating indicates a strong commitment to transparency and responsible financial management, with the organization scoring full points in several areas such as board independence, audit oversight, and adherence to conflict of interest policies.
The school operates with a majority independent board and has successfully documented its governance practices, including board meeting minutes and whistleblower policies, which contribute positively to its accountability framework. Additionally, it demonstrates an impressive program expense ratio of 89.38%, indicating that a significant portion of its resources is directed towards its educational programs rather than administrative costs.
However, a notable concern is the liabilities to assets ratio, which stands at 213.65%, reflecting a potentially high level of debt relative to its assets. This aspect may require monitoring as it could impact the school’s financial stability in the long run. Overall, while New Legacy Charter School exhibits many strengths in governance and program efficiency, attention to its financial liabilities will be essential for sustainable operations.
This AI summary has been generated from information found on Charity Navigator.
Is New Legacy Charter School legitimate?
New Legacy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Legacy Charter 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: $132,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,494,757
For more financial information, click here
Official website here: www.newlegacycharter.org
What is the mission statement of New Legacy Charter School?
New Legacy Charter School's mission is centered around empowering its students, with a specific focus on parenting students. The school aims to equip these students with the necessary skills to raise healthy children. Simultaneously, it encourages all students to participate in personalized projects and experiences that foster college and career readiness. By doing so, the school seeks to broaden its students' horizons and prepare them for their future endeavors.
Official website here: www.newlegacycharter.org
Who is the CEO of New Legacy Charter School?
Steven Bartholomew is the Board Member of New Legacy Charter School.
Official website here: www.newlegacycharter.org
What is the revenue of New Legacy Charter School?
New Legacy Charter School's revenue in 2023 was $3,442,410.
Official website here: www.newlegacycharter.org
Who are the executives of New Legacy Charter School and what are their salaries?
The average compensation at New Legacy Charter School during 2023 was $34,620. There are 47 employees and 30 volunteers at New Legacy Charter School.
Here are 15 key members and their salaries:
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- Compensation: $101,914
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- Other: $27,360
Official website here: www.newlegacycharter.org
Where can I find the form 990 for New Legacy Charter School?
New Legacy Charter School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newlegacycharter.org
Learn more at the official website: www.newlegacycharter.org
Mission Statement of New Legacy Charter School
New Legacy Charter School, as a mission-driven institution, aims to equip parenting students with essential skills to nurture healthy children. Beyond this, the school also engages all its students in personalized projects and experiences. These projects are meticulously designed to foster college and career readiness among the students. In essence, New Legacy Charter School is dedicated to nurturing well-rounded individuals who are not only competent parents but also have a clear vision for their future education and careers.
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Impact
July, 2024
New Legacy Charter School's impact is profound, as it provides parenting students with the necessary skills to raise healthy children while also engaging all students in personalized projects and experiences that foster college and career awareness and readiness. This dual focus on supporting both parenting students and all learners contributes to a positive educational environment that enables students to reach their full potential and create a better future for themselves and their families.
This information is meant to be a general summary of New Legacy Charter 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 2023.
- Investment Income: $1,243
- Program Service Revenue: $1,647,596
- Gross Receipts: $3,443,317
Assets and Liabilities:
- Total Assets: $2,298,379
- Total Liabilities: $4,910,648
- Net Assets: -$2,612,269
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Per Pupil Revenue
Revenue
$1,097,705
Charges for Services
Revenue
$549,891
Organization Details
Founding Year
2013
Phone
(303) 340-7880Principal Officer
Steven Bartholomew
Main Address
2091 Dayton Street, Aurora, CO, 80010
Website
www.newlegacycharter.orgNTEE Category
Code: B29 - Education
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