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Lake Norman Charter School Pto

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

EIN: 562169175 ✦ Huntersville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lake Norman Charter School Pto?

Lake Norman Charter School PTO is a nonprofit organization that plays a significant role in supporting the students of Lake Norman Charter School. Their mission is to foster communication and relationships between teachers, staff, administration, and families while addressing the educational and recreational needs of the students. In addition to these, they offer a student lunch service, ensuring that all aspects of the students' school life are covered. The organization aims to create a supportive environment that benefits both the students and their families, contributing positively to the overall school community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Star Rating

Lake Norman Charter School PTO has earned a Two-Star rating from Charity Navigator, reflecting a score of 67%. This rating is derived solely from their Accountability & Finance metrics. A strong point for this organization is its accountability, as indicated by its 100% independent board members and no material diversion of assets, which signals good governance practices.

The organization demonstrates a clear commitment to financial responsibility, with an impressive program expense ratio of 99.99%. This indicates that nearly all of its funding is directed towards its programs rather than administrative costs. Furthermore, it maintains a favorable liabilities to assets ratio of 0.00%, showcasing its financial stability.

However, the overall rating of 67% suggests that there may be areas needing improvement, particularly in terms of enhancing transparency or engaging more stakeholders. Despite its strengths in governance and financial management, the two-star rating may discourage potential donors who are looking for organizations with higher ratings.


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

Is Lake Norman Charter School Pto legitimate?

Lake Norman Charter School Pto is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Norman Charter School Pto 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: $0

For more financial information, click here

What is the mission statement of Lake Norman Charter School Pto?

The Lake Norman Charter School PTO's mission is centered around supporting the students of the Lake Norman Charter School. They accomplish this by providing aid for the educational and recreational needs of the students. Moreover, they strive to foster communication and strengthen relationships between teachers, staff, administration, and families within the school community. Additionally, the PTO offers a student lunch service as part of their comprehensive support for the students.

Who is the CEO of Lake Norman Charter School Pto?

Madalyn Wilkinson is the Co-Chair of Lake Norman Charter School Pto.

What is the revenue of Lake Norman Charter School Pto?

Lake Norman Charter School Pto's revenue in 2023 was $725,713.

Who are the executives of Lake Norman Charter School Pto and what are their salaries?

There 100 volunteers at Lake Norman Charter School Pto.


Here are 5 key members and their salaries:


Nikki Lowe (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamila Lindsay (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Schild (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madalyn Wilkinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Drouin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake Norman Charter School Pto?

Lake Norman Charter School Pto's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lake Norman Charter School Pto

Lake Norman Charter School PTO, in its mission, aims to support the students of Lake Norman Charter School by addressing their educational and recreational needs. The organization also strives to foster communication and strengthen relationships between teachers, staff, administration, and families. In essence, Lake Norman Charter School PTO serves as a bridge, connecting various stakeholders to ensure a positive learning environment for the students. Beyond providing basic support, the PTO also operates a student lunch service, further catering to the well-being of the students. This multifaceted approach demonstrates Lake Norman Charter School PTO's commitment to holistically supporting the students and fostering a harmonious school community.

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Impact




July, 2024

Lake Norman Charter School PTO's impact is evident in its dedicated support for the educational and recreational needs of students at Lake Norman Charter School. By fostering strong communication and relationships among teachers, staff, administration, and families, the PTO plays a crucial role in creating a supportive and nurturing environment for the school community. Additionally, the provision of services such as student lunch services further enhances the overall well-being and educational experience of the students. Through its mission-driven initiatives, Lake Norman Charter School PTO positively contributes to the holistic development of students and strengthens the school community as a whole.




This information is meant to be a general summary of Lake Norman Charter School Pto. 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
$725,713 (2023)
Expenses
$712,038 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $718,897
  • Gross Receipts: $725,713

Assets and Liabilities:

  • Total Assets: $227,023
  • Total Liabilities: $0
  • Net Assets: $227,023

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Programs

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

SALES OF LUNCHES

Revenue

$658,433

SPIRITWEAR

Revenue

$37,607

OTHER PROGRAM REVENUES

Revenue

$22,857

Organization Details

Founding Year

2008

Principal Officer

Madalyn Wilkinson

Main Address

12435 OLD STATESVILLE ROAD, Huntersville, NC, 28078

NTEE Category

Code: B112 - Education

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