Overview
What is Laureate Academy Inc?
Laureate Academy Inc is a nonprofit organization situated in Harvey, Louisiana, specifically at 2115 Oakmere Drive. Their primary focus is on providing a high-quality education to students from kindergarten through eighth grade. The academy offers a tuition-free and open enrollment charter school option, catering to students with varying needs, including those with limited English proficiency and special needs. Their mission is to equip each student with the essential academic skills and character necessary for both school and life success. Laureate Academy aims to prepare students for rigorous high schools, competitive colleges, and successful professional careers. In the 2021-2022 academic year, the school served approximately 450 students. The organization is staffed by 81 dedicated employees.
Official website here: www.laureatecharter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Laureate Academy Inc has received an overall score of 84%, which reflects its performance in accountability and finance, key areas for nonprofit evaluation. The organization excels with a majority of its board members being independent, alongside strong scores in financial oversight and program expenditure, indicating a commitment to responsible financial management.
However, there are some areas of concern, particularly in governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention guidelines indicates potential gaps in organizational governance. Additionally, the nonprofit's failure to post its tax form on its website could hinder transparency efforts.
Overall, while Laureate Academy Inc demonstrates solid financial health and accountability, addressing the noted governance shortcomings could enhance its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Laureate Academy Inc legitimate?
Laureate Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laureate Academy 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: $141,056
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,575,741
For more financial information, click here
Official website here: www.laureatecharter.org
What is the mission statement of Laureate Academy Inc?
Laureate Academy Inc's mission is centered around preparing students in grades K-8, equipping them with the necessary academic skills and character traits for success in both school and their future lives. The academy strives to prepare each student for rigorous high schools, competitive colleges, and professional careers. It catered to 450 students in the 2021-2022 academic year, serving students with limited English proficiency and those with special needs. The academy's goal is to instill in all students the academic skills, mindsets, and habits that foster long-term success. Laureate Academy is an approved, tuition-free, and open enrollment charter school that seeks to provide an inclusive learning environment for all students.
Official website here: www.laureatecharter.org
Who is the CEO of Laureate Academy Inc?
Claire Heckerman is the Head Of School of Laureate Academy Inc.
Official website here: www.laureatecharter.org
What is the revenue of Laureate Academy Inc?
Laureate Academy Inc's revenue in 2022 was $5,836,703.
Official website here: www.laureatecharter.org
Who are the executives of Laureate Academy Inc and what are their salaries?
The average compensation at Laureate Academy Inc during 2022 was $33,541. There are 81 employees and 7 volunteers at Laureate Academy Inc.
Here are 11 key members and their salaries:
- Compensation: $114,777
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- Other: $10,076
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Official website here: www.laureatecharter.org
Where can I find the form 990 for Laureate Academy Inc?
Laureate Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.laureatecharter.org
Learn more at the official website: www.laureatecharter.org
Mission Statement of Laureate Academy Inc
Laureate Academy Inc, a tuition-free and open enrollment charter school, is dedicated to preparing students in grades K-8 with the necessary academic skills and character for success in both school and life. The mission of this institution is to equip each student with the academic competence and strong character essential for thriving in rigorous high schools, competitive colleges, and professional careers. The school served a total of 450 students during the 2021-2022 academic year, with approximately 360 students in grades K-5. Laureate Academy Charter School is committed to educating all students, including those with limited English proficiency and those with special needs, emphasizing the development of academic skills, mindsets, and habits for long-term success.
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Impact
July, 2024
Laureate Academy Inc, operating as a charter school in Harvey, Louisiana, is making a significant impact by preparing students in grades K-8 with the academic skills and character essential for success in both school and life. The academy serves a diverse student population, including those with limited English proficiency and special needs, aiming to equip all students with the necessary academic skills, mindsets, and habits for long-term success.
By serving approximately 360 students in grades K-5, Laureate Academy is ensuring that these young learners are well-prepared for rigorous high schools, competitive colleges, and professional careers. The school's mission of providing each student with the academic skills and strength of character needed for success underscores its commitment to delivering quality education and empowering students to thrive in their future endeavors. The impact of Laureate Academy is not only felt within the school community but also extends to shaping the trajectory of students' lives beyond the classroom.
This information is meant to be a general summary of Laureate Academy 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,261
- Gross Receipts: $5,836,703
Assets and Liabilities:
- Total Assets: $3,535,116
- Total Liabilities: $117,694
- Net Assets: $3,417,422
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Organization Details
Founding Year
2014
Phone
(504) 503-0170Principal Officer
Claire Heckerman
Main Address
2115 OAKMERE DRIVE, HARVEY, LA, 70058
Website
www.laureatecharter.orgNTEE Category
Code: B29 - Education
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