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Seven Oaks Classical School Inc

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

EIN: 463846239 ✦ Ellettsville, IN ✦ Designated as a 501(c)(3)

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Overview

What is Seven Oaks Classical School Inc?

Seven Oaks Classical School Inc is a public charter school located at 200 E Association St, Ellettsville, IN 47429. With a mission to cultivate intellectual growth and moral character, the school provides education to around 400 students from kindergarten to twelfth grade. Their rigorous classical curriculum encompasses both the liberal arts and sciences. The school is dedicated to fostering a virtuous civic disposition in its students. With a team of 91 employees, Seven Oaks Classical School Inc aims to shape the minds and hearts of young learners, preparing them for a fulfilling future.


Official website here: www.sevenoaksclassical.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Seven Oaks Classical School Inc received a two-star rating from Charity Navigator, with an overall score of 73%. The organization demonstrates strong accountability and finance practices, achieving a perfect score for its independent board composition and audit oversight. However, the absence of essential policies such as a whistleblower and document retention policy indicates areas in need of improvement.

Financially, the school has a high liabilities to assets ratio of 85.70%, which raises concerns regarding its financial stability. While the program expense ratio is commendable at 76.81%, showcasing a significant commitment to its educational mission, the lack of transparency in posting financial documents on its website could hinder trust among potential donors and stakeholders.

Overall, while Seven Oaks Classical School Inc shows strong governance in several areas, the missing policies and financial concerns highlight the need for enhancements to ensure long-term sustainability and donor confidence.


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

Is Seven Oaks Classical School Inc legitimate?

Seven Oaks Classical School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seven Oaks Classical School 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: $182,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,348,217

For more financial information, click here


Official website here: www.sevenoaksclassical.org

What is the mission statement of Seven Oaks Classical School Inc?

Seven Oaks Classical School Inc's mission is centered around educating young minds and fostering moral character. Through a rigorous curriculum in the liberal arts and sciences, the school aims to improve the intellectual and emotional development of its students. This education includes an emphasis on the principles of moral character and civic virtue, which are crucial for shaping well-rounded individuals. The school serves approximately 400 students from kindergarten to twelfth grade.


Official website here: www.sevenoaksclassical.org

Who is the CEO of Seven Oaks Classical School Inc?

Dr Stephen Shipp is the Headmaster of Seven Oaks Classical School Inc.


Official website here: www.sevenoaksclassical.org

What is the revenue of Seven Oaks Classical School Inc?

Seven Oaks Classical School Inc's revenue in 2022 was $4,541,324.


Official website here: www.sevenoaksclassical.org

Who are the executives of Seven Oaks Classical School Inc and what are their salaries?

The average compensation at Seven Oaks Classical School Inc during 2022 was $27,815. There are 91 employees and 100 volunteers at Seven Oaks Classical School Inc.


Here are 8 key members and their salaries:


Dr Stephen Shipp (Headmaster)
  • Compensation: $92,873
  • Related: $0
  • Other: $7,982
Scott Reynolds (Business Manager)
  • Compensation: $73,876
  • Related: $0
  • Other: $5,071
Matt Wolf (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Anderson From 0822 (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Hall Thru 822 (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jazzmin Vegeler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry English (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Weaver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sevenoaksclassical.org

Where can I find the form 990 for Seven Oaks Classical School Inc?

Seven Oaks Classical School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sevenoaksclassical.org

Learn more at the official website: www.sevenoaksclassical.org

Mission Statement of Seven Oaks Classical School Inc

Seven Oaks Classical School Inc is dedicated to shaping the minds and fostering the hearts of young individuals. Through a rigorous classical education in the liberal arts and sciences, the school aims to instill moral character and civic virtue in its students. The organization's mission is multifaceted, focusing not just on academic excellence but also on the moral and civic development of its students. By providing instruction in these principles, Seven Oaks Classical School Inc seeks to prepare its pupils for a successful and responsible future. The school serves approximately 400 students from kindergarten to twelfth grade, offering a comprehensive educational experience that combines academic rigor with moral and civic guidance.

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Impact




July, 2024

Seven Oaks Classical School Inc's impact lies in its commitment to providing a rigorous classical education that not only trains the minds but also improves the hearts of young people. By offering instruction in the liberal arts and sciences, along with a focus on moral character and civic virtue, the school equips approximately 400 students from kindergarten through twelfth grade with the tools they need to excel academically and develop into well-rounded individuals. Through this holistic approach to education, Seven Oaks Classical School is shaping future generations to think critically, act ethically, and contribute positively to society.




This information is meant to be a general summary of Seven Oaks Classical School 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.

Revenue
$4,541,324 (2022)
Expenses
$4,067,819 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $316
  • Program Service Revenue: $88,426
  • Gross Receipts: $4,541,324

Assets and Liabilities:

  • Total Assets: $12,814,197
  • Total Liabilities: $11,531,341
  • Net Assets: $1,282,856

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Programs

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

TEXTBOOK FEES

Revenue

$36,934

STUDENT FEE

Revenue

$29,120

EXTENDED CARE PROGRAM

Revenue

$22,372

Organization Details

Founding Year

2014

Principal Officer

Dr Stephen Shipp

Main Address

200 E ASSOCIATION ST, ELLETTSVILLE, IN, 47429

NTEE Category

Code: B99 - Education

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