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Main Line 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: 474907131 ✦ Bryn mawr, PA ✦ Designated as a 501(c)(3)

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Overview

What is Main Line Classical Academy?

Main Line Classical Academy is a nonprofit institution situated in Bryn Mawr, Pennsylvania (19010). Established with a commitment to the classical liberal arts curriculum, the academy caters to students between the ages of 5 and 16, offering education from grades 1 to 10. Blending the Western classical and American pedagogical traditions, it aims to foster academic, multi-denominational, social, and cultural development in its students. The academy currently employs a staff of 35 individuals, dedicated to nurturing the holistic growth of its learners.


Official website here: www.mainlineclassical.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58% (One-Star out of Four Stars)

Main Line Classical Academy has received a One-Star rating from Charity Navigator, indicating significant room for improvement in its accountability and finance practices. The overall score reflects a lack of transparency, particularly due to the absence of essential financial statements and missing policies related to whistleblowing and document retention. This limited financial disclosure impacts the organization's reliability and accountability to its stakeholders.

On a positive note, the academy demonstrates a strong commitment to governance, as evidenced by its fully independent board comprising three members. Additionally, the organization has a high program expense ratio of 80.76%, suggesting that a substantial portion of its funding is directed toward its educational programs. This is an encouraging sign for potential donors who wish to see their contributions making a direct impact.

However, the significant liabilities to assets ratio of 104.86% raises concerns about the organization's financial health. This could indicate potential financial instability, which may affect its long-term sustainability. Overall, while the academy shows strengths in governance and program spending, the lack of transparency and financial management practices are critical areas that need to be addressed.


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

Is Main Line Classical Academy legitimate?

Main Line Classical Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Line 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: $1,074,169

For more financial information, click here


Official website here: www.mainlineclassical.org

What is the mission statement of Main Line Classical Academy?

Main Line Classical Academy's mission focuses on fostering comprehensive development in children. This encompasses their academic growth, as well as their exposure to various denominations and cultures. The academy strives to achieve this goal by operating an independent, co-educational school, catering to students from primary school (age 5) through Form 10 (age 16). The educational approach at Main Line Classical Academy is rooted in the classical liberal arts curriculum, integrating elements from both the Western classical tradition and the American pedagogical methods.


Official website here: www.mainlineclassical.org

Who is the CEO of Main Line Classical Academy?

Joshua Ticktin is the President of Main Line Classical Academy.


Official website here: www.mainlineclassical.org

What is the revenue of Main Line Classical Academy?

Main Line Classical Academy's revenue in 2022 was $1,367,037.


Official website here: www.mainlineclassical.org

Who are the executives of Main Line Classical Academy and what are their salaries?

The average compensation at Main Line Classical Academy during 2022 was $30,691. There are 35 employees at Main Line Classical Academy.


Here are 3 key members and their salaries:


Matthew Sigelman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asya Sigelman (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Ticktin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mainlineclassical.org

Where can I find the form 990 for Main Line Classical Academy?

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


Official website here: www.mainlineclassical.org

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

Mission Statement of Main Line Classical Academy

Main Line Classical Academy, a co-educational institution, is dedicated to fostering the academic, multi-denominational, social, and cultural development of children. This independent school, catering to students between the ages of 5 and 16, adheres to a classical liberal arts curriculum. Drawing from the Western classical tradition and the American pedagogical practices, Main Line Classical Academy aims to provide a well-rounded education that equips its students with a strong foundation in various disciplines. The Academy's mission is to nurture well-rounded individuals who can contribute positively to their communities and beyond.

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Impact




July, 2024

Main Line Classical Academy's impact lies in providing a unique educational experience that fosters academic excellence, social development, and cultural appreciation in children. By operating an independent, co-educational primary school rooted in the classical liberal arts curriculum, this institution is shaping young minds by combining elements of the Western classical and American pedagogical traditions. Through its commitment to a holistic approach to education, Main Line Classical Academy is equipping students aged 5-16 with the skills and knowledge necessary to thrive in a diverse and ever-changing world.




This information is meant to be a general summary of Main Line 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
$1,367,037 (2022)
Expenses
$1,646,489 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,136
  • Program Service Revenue: $1,187,515
  • Gross Receipts: $1,382,740

Assets and Liabilities:

  • Total Assets: $4,238,246
  • Total Liabilities: $4,444,582
  • Net Assets: -$206,336

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Programs

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

TUITION AND FEES

Revenue

$1,187,515

Organization Details

Founding Year

2015

Principal Officer

Joshua Ticktin

Main Address

455 S ROBERTS ROAD, BRYN MAWR, PA, 19010

NTEE Category

Code: B20 - Education

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