Overview
What is Los Angeles Academy Of Arts And Enterprise?
The Los Angeles Academy of Arts and Enterprise (LAAAE) is a forward-thinking educational institution situated in Los Angeles, California. Its mission is to nurture students in grades 6 to 12, offering a holistic approach to learning that encompasses academics, arts, enterprise, and personal growth. The curriculum, aligned with California state standards, prepares students for higher education, meeting the University of California A-G admission requirements. In the realm of arts, LAAAE provides comprehensive courses in visual and performing arts. The enterprise sector teaches business principles, economics, and entrepreneurship, empowering students with financial literacy. The personal growth aspect emphasizes character education and community service, fostering responsibility and self-awareness. With a dedicated staff of 63 individuals, LAAAE aims to prepare its students for future leadership in both the arts and business sectors.
Official website here: www.laaae.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Los Angeles Academy Of Arts And Enterprise has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 96% in its Accountability & Finance metrics, which are crucial for establishing donor trust and ensuring that funds are used effectively to further its mission.
One of the organization's strengths lies in its governance structure, with 100% of its board members being independent. This independence is critical for maintaining objectivity and integrity in decision-making processes. Additionally, the organization has demonstrated strong fiscal responsibility, with a program expense ratio of over 95%, ensuring that the majority of its funds are allocated directly to its programs.
Although the data does not highlight specific challenges or limitations faced by the organization, the overall financial health and operational transparency are commendable. The presence of robust policies regarding conflict of interest, whistleblowing, and document retention further enhances its credibility as a nonprofit dedicated to the arts and education.
This AI summary has been generated from information found on Charity Navigator.
Is Los Angeles Academy Of Arts And Enterprise legitimate?
Los Angeles Academy Of Arts And Enterprise is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Academy Of Arts And Enterprise 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: $165,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,251,380
For more financial information, click here
Official website here: www.laaae.org
What is the mission statement of Los Angeles Academy Of Arts And Enterprise?
The Los Angeles Academy of Arts and Enterprise, an institution serving students in grades 6 to 12, is committed to preparing its students for leadership in both the arts and business. Their educational approach integrates four essential aspects: academics, arts, enterprise, and personal growth. The academics curriculum adheres to the California State Board of Education standards and meets the University of California A-G admission requirements. The arts program offers comprehensive courses in visual and performing arts. The enterprise component includes business education courses, teaching fundamental and advanced principles of enterprise, economics, and entrepreneurship. Lastly, the personal growth segment focuses on fostering personal responsibility and character education through community service.
Official website here: www.laaae.org
Who is the CEO of Los Angeles Academy Of Arts And Enterprise?
Principal is the Principal Officer of Los Angeles Academy Of Arts And Enterprise.
Official website here: www.laaae.org
What is the revenue of Los Angeles Academy Of Arts And Enterprise?
Los Angeles Academy Of Arts And Enterprise's revenue in 2022 was $5,796,787.
Official website here: www.laaae.org
Who are the executives of Los Angeles Academy Of Arts And Enterprise and what are their salaries?
The average compensation at Los Angeles Academy Of Arts And Enterprise during 2022 was $38,356. There are 63 employees and 8 volunteers at Los Angeles Academy Of Arts And Enterprise.
Here are 9 key members and their salaries:
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- Compensation: $154,285
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- Compensation: $123,912
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- Other: $22,541
Official website here: www.laaae.org
Where can I find the form 990 for Los Angeles Academy Of Arts And Enterprise?
Los Angeles Academy Of Arts And Enterprise's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.laaae.org
Learn more at the official website: www.laaae.org
Mission Statement of Los Angeles Academy Of Arts And Enterprise
Los Angeles Academy of Arts and Enterprise, often referred to as LAAAE, is dedicated to preparing students in grades 6 to 12 for leadership in both the arts and business. Their mission is multifaceted, integrating four essential elements in their educational approach: academics, arts, enterprise, and personal growth.
In the academic sphere, LAAAE adheres to the core academic content standards set by the California State Board of Education and ensures that their curriculum meets the University of California A-G admission requirements. This holistic approach to academics equips students with a solid foundation for further education.
The arts component of LAAAE's mission is equally important, offering comprehensive courses in visual and performing arts. Students are encouraged to explore their creative potential, fostering an environment where artistic expression can flourish.
Entrepreneurship and business education are also key components of LAAAE's mission. They provide courses that teach core and advanced principles of enterprise, economics, and entrepreneurship. This practical and hands-on approach to business education equips students with the tools they need to succeed in the business world.
Lastly, LAAAE places a strong emphasis on personal growth and responsibility, incorporating character education and community service into their curriculum. This holistic approach to education aims to develop well-rounded individuals who are ready to take on leadership roles in the arts and business communities.
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Impact
July, 2024
Los Angeles Academy Of Arts And Enterprise has a significant impact on the community by providing a dynamic and innovative education that integrates academics, arts, enterprise, and personal growth. This approach prepares students in grades 6 to 12 for leadership in the arts and business, emphasizing creativity, academic knowledge, and financial literacy. By addressing core academic content standards and offering comprehensive visual and performing arts courses, the academy ensures students receive a well-rounded education. Additionally, by teaching business education principles and focusing on personal growth and responsibility, the academy equips students with essential skills for success in the modern world. Overall, Los Angeles Academy Of Arts And Enterprise plays a crucial role in shaping the leaders of tomorrow through its unique educational model.
This information is meant to be a general summary of Los Angeles Academy Of Arts And Enterprise. 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: $92,404
- Program Service Revenue: $10,781
- Gross Receipts: $6,302,661
Assets and Liabilities:
- Total Assets: $4,413,843
- Total Liabilities: $1,018,040
- Net Assets: $3,395,803
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITIES
Revenue
$10,781
Organization Details
Founding Year
2005
Phone
(213) 487-0600Principal Officer
Principal
Main Address
PO BOX 26750, LOS ANGELES, CA, 90026
Website
www.laaae.orgNTEE Category
Code: B29 - Education
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