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Charlotte Latin Schools

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

EIN: 560944449 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Charlotte Latin Schools?

Charlotte Latin Schools is a nonprofit institution based on inspiring individual growth and cultivating civility in its students. They foster learning through various opportunities and encourage community service. The mission of Charlotte Latin Schools is multifaceted, with a focus on inspiring students' intellectual curiosity, promoting selfless behavior, and providing ample growth-enhancing experiences.


Official website here: www.charlottelatin.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Charlotte Latin Schools has achieved a high rating of 96%, which reflects strong accountability and financial health. The organization demonstrates excellent governance practices with 100% independence of its board members and a robust audit and oversight committee. Additionally, it has effective policies in place for conflict of interest and whistleblower protection, contributing to a transparent operational framework.

The nonprofit allocates a significant portion of its resources towards programs, with a program expense ratio of 81.22%. This indicates a commitment to delivering impactful services rather than excessive administrative costs. The organization maintains a low liabilities to assets ratio of 36.59%, suggesting financial stability and responsible management of its resources.

Overall, Charlotte Latin Schools exemplifies strong performance in governance and financial management, earning trust from its stakeholders. There are no noted limitations in the available data, showcasing an organization that prioritizes accountability and program effectiveness.


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

Is Charlotte Latin Schools legitimate?

Charlotte Latin Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlotte Latin Schools 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: $1,391,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,656,697

For more financial information, click here


Official website here: www.charlottelatin.org

What is the mission statement of Charlotte Latin Schools?

Charlotte Latin Schools is dedicated to fostering the growth of its students by inspiring them to learn and encouraging them to serve others. The institution offers numerous opportunities for individual development and the cultivation of civility. Their mission aims to help students reach their full potential while making a positive impact on their communities. Through a variety of engaging educational programs and experiences, Charlotte Latin Schools instills a love for learning and a commitment to serving others. The institution's focus on both academic excellence and personal growth provides students with a solid foundation for success and prepares them for future endeavors.


Official website here: www.charlottelatin.org

What is the revenue of Charlotte Latin Schools?

Charlotte Latin Schools's revenue in 2024 was $55,662,817.


Official website here: www.charlottelatin.org

Who are the executives of Charlotte Latin Schools and what are their salaries?

The average compensation at Charlotte Latin Schools during 2024 was $42,065. There are 643 employees and 20 volunteers at Charlotte Latin Schools.

Here are 27 key members and their salaries:


Mike Freno (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rael Gorelick (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Colaco (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Shuford (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mackenzie Alpert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irm Bellavia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Comly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Katherine Dubose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige Ford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Gately (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Gee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karim Lokas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John T Mccoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Mcmahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Middendorf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Uma O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Thies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Thornhill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles D Baldecchi (Head Of School)
  • Compensation: $1,007,348
  • Related: $0
  • Other: $78,291
Robert Mcarthur (Cfo And Coo)
  • Compensation: $283,156
  • Related: $0
  • Other: $32,364
Sonja Taylor (Assoc. Head Of School)
  • Compensation: $231,940
  • Related: $0
  • Other: $35,167
Joanne Beam (Philanthropy Director)
  • Compensation: $168,748
  • Related: $0
  • Other: $42,423
Lawrence Wall (Head Of Upper School)
  • Compensation: $184,998
  • Related: $0
  • Other: $32,688
Todd Ballaban (Head Of Middle School)
  • Compensation: $184,626
  • Related: $0
  • Other: $43,629
Marcus Tayloe (Head Of Lower School)
  • Compensation: $177,180
  • Related: $0
  • Other: $47,307


Official website here: www.charlottelatin.org

Where can I find the form 990 for Charlotte Latin Schools?

Charlotte Latin Schools's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.charlottelatin.org

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

Mission Statement of Charlotte Latin Schools

Charlotte Latin Schools, a mission-driven institution, fosters the individual growth and cultivates civility among its students. Through inspiring learning experiences, this organization motivates students to expand their knowledge. Moreover, Charlotte Latin Schools sets an emphasis on community service, instilling in its students the importance of reaching out to others. By providing ample opportunities for personal development, this nonprofit organization empowers its students to grow into well-rounded individuals.

Charlotte Latin Schools's dedication to nurturing individual development goes beyond academics. Its approach to education extends to inspiring students to serve others, instilling a sense of empathy and compassion. By offering various growth-promoting opportunities, Charlotte Latin Schools encourages its students to explore their passions and discover new horizons. Overall, Charlotte Latin Schools stands as a beacon of education, inspiring students to learn, serve, and thrive.

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Impact




October, 2024

Charlotte Latin School has a profound impact on individual development and community engagement among its students. By fostering an environment that inspires learning and encourages service to others, the school cultivates a sense of civility and responsibility. The diverse range of growth-promoting opportunities available to students allows them to explore their interests, develop skills, and build character. This holistic approach not only prepares students academically but also nurtures their social and emotional growth, shaping them into well-rounded individuals who are equipped to contribute positively to society. Through its commitment to education and community service, Charlotte Latin School plays a vital role in developing conscientious leaders for the future.




This information is meant to be a general summary of Charlotte Latin Schools. 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
$55,662,817 (2024)
Expenses
$55,143,986 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2,250,534
  • Program Service Revenue: $49,974,893
  • Gross Receipts: $59,483,768

Assets and Liabilities:

  • Total Assets: $136,653,905
  • Total Liabilities: $52,863,939
  • Net Assets: $83,789,966

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Programs

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

TUITION

Revenue

$45,758,794

SUMMER CAMP REVENUE

Revenue

$1,247,124

TRANSPORTATION

Revenue

$828,570

EXTENDED CARE

Revenue

$691,240

ENRICHMENT

Revenue

$656,010

Organization Details

Founding Year

1970

Principal Officer

Robert Mcarthur

NTEE Category

Code: B200 - Education

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