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Lone Star Success Academy

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

EIN: 475480497 ✦ Granbury, TX ✦ Designated as a 501(c)(3)

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Overview

What is Lone Star Success Academy?

Lone Star Success Academy is a nonprofit organization situated in Granbury, Texas, specifically at 1300 Crossland Road, 76048. Their primary mission is to enhance academic achievement among at-risk youth, serving this population through Lake Granbury Youth Services/Lake Granbury Academy. By providing rigorous academic and social skills instruction, they aim to foster student success in various aspects of life, including within their community. Lone Star Success Academy offers a comprehensive approach, striving to equip students with the necessary tools for academic and personal growth.


Official website here: www.lonestarsuccessacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star Rating

Lone Star Success Academy has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 96%. This high rating indicates that the organization demonstrates a high level of transparency and effective financial management, which is crucial for donor trust and engagement. The rating is solely based on the accountability and finance metrics, suggesting that the organization is well-managed in these areas.

One of the key strengths of Lone Star Success Academy is its governance structure, featuring a board that is fully independent, with all members meeting the criteria for independence. Additionally, the organization has robust financial oversight mechanisms in place, evidenced by the presence of an audit and oversight committee and the absence of any material diversion of assets. The organization also adheres to best practices by maintaining policies on conflict of interest, whistleblowing, and document retention.

Despite these strengths, the overview does not provide insights into the organization's programmatic impact or specific outcomes from its initiatives. While the financial health indicators are strong, potential donors and stakeholders may wish to seek additional information pertaining to the effectiveness of the programs themselves to fully assess the organization's overall impact.


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

Is Lone Star Success Academy legitimate?

Lone Star Success Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lone Star Success 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: $393,433

For more financial information, click here


Official website here: www.lonestarsuccessacademy.com

What is the mission statement of Lone Star Success Academy?

Lone Star Success Academy's mission is centered around enhancing academic achievement. They achieve this by offering rigorous instruction in both academic and social skills. This comprehensive approach is designed to foster success not only in the educational sphere but also in the students' personal lives and within their communities. The academy's primary focus is on at-risk youth, providing them with an educational environment at Lake Granbury Youth Services/Lake Granbury Academy.


Official website here: www.lonestarsuccessacademy.com

Who is the CEO of Lone Star Success Academy?

Tracy Bennett-Joseph is the Superintendent of Lone Star Success Academy.


Official website here: www.lonestarsuccessacademy.com

What is the revenue of Lone Star Success Academy?

Lone Star Success Academy's revenue in 2022 was $1,113,488.


Official website here: www.lonestarsuccessacademy.com

Who are the executives of Lone Star Success Academy and what are their salaries?

There 4 volunteers at Lone Star Success Academy.


Here are 6 key members and their salaries:


Barry Mcbride (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hosek (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Scott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cj Bower (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Bennett-Joseph (Superintendent)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lonestarsuccessacademy.com

Where can I find the form 990 for Lone Star Success Academy?

Lone Star Success Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lonestarsuccessacademy.com

Learn more at the official website: www.lonestarsuccessacademy.com

Mission Statement of Lone Star Success Academy

Lone Star Success Academy, a nonprofit organization, is committed to enhancing academic achievement among at-risk youth. They achieve this goal by delivering rigorous instruction in both academic and social skills. The aim is to empower students to excel in their educational journey, thrive in their personal lives, and contribute positively to their community. The academy's mission is not just limited to the classroom; it extends to fostering well-rounded individuals who can navigate life's challenges with confidence and resilience.

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Impact




July, 2024

Lone Star Success Academy positively impacts at-risk youth by providing rigorous academic and social skills instruction. This helps students improve their academic achievement, leading to success in school, in their personal lives, and within the community. Through its dedicated efforts, Lone Star Success Academy plays a crucial role in empowering these youth and helping them realize their full potential.




This information is meant to be a general summary of Lone Star Success 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
$1,113,488 (2022)
Expenses
$978,908 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $148,428
  • Gross Receipts: $1,113,488

Assets and Liabilities:

  • Total Assets: $287,222
  • Total Liabilities: $51,954
  • Net Assets: $235,268

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Programs

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

FOOD SERVICE REVENUE

Revenue

$148,428

Organization Details

Founding Year

2016

Principal Officer

Tracy Bennett-Joseph

Main Address

1300 CROSSLAND RD, GRANBURY, TX, 76048

NTEE Category

Code: B29 - Education

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