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Classical Charter Schools Of America Inc

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

EIN: 562173031 ✦ Leland, NC ✦ Designated as a 501(c)(3)

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Overview

What is Classical Charter Schools Of America Inc?

Classical Charter Schools of America Inc is a North Carolina-based nonprofit organization with a workforce of approximately 442 employees. They operate four tuition-free public charter schools in Leland, Southport, Whiteville, and Wilmington, serving approximately 2,513 students. The schools provide a distinctive classical curriculum utilizing the direct instruction teaching method. The organization is dedicated to passing down rules and techniques for effective expression and communication in the arts and sciences to the next generation. Through this approach, they aim to foster a love of learning and discovery, promoting a lifelong dedication to health, truth, and virtue. Their schools have consistently ranked among the top-scoring elementary and middle schools in their respective counties on state end-of-grade tests.


Official website here: www.charterdayschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star Rating

Classical Charter Schools Of America Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 77%. This rating is primarily based on the organization's accountability and finance metrics, indicating a solid commitment to financial transparency and stewardship.

The nonprofit has demonstrated strong governance practices, with a fully independent board and effective oversight mechanisms in place. It scored well in areas such as conflict of interest and whistleblower policies, as well as maintaining comprehensive board meeting minutes. Additionally, the organization allocates a significant portion of its expenses towards programs, with a program expense ratio of 72.59%, showcasing its focus on mission-related activities.

However, the organization faced challenges in its financial ratios, particularly concerning its liabilities to assets, which received a lower score. This could indicate potential financial stress and is an area that may require further attention to ensure long-term sustainability and operational effectiveness. Overall, while the organization exhibits strong governance, the financial health aspect should be monitored closely.


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

Is Classical Charter Schools Of America Inc legitimate?

Classical Charter Schools Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Classical Charter Schools Of America Inc 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: $9,088,460

For more financial information, click here


Official website here: www.charterdayschool.org

What is the mission statement of Classical Charter Schools Of America Inc?

Classical Charter Schools of America Inc's mission is to pass down the principles of effective expression and communication in the arts and sciences to the next generation. This mission is accomplished by teaching the rules and techniques unique to each artistic and scientific method. These rules and techniques serve as bridges for the transmission of ideas and understandings from one generation to the next. Through these arts and sciences, the organization aims to convey to students a deeper understanding of the universe and their role within it. Instilling a lifelong dedication to health, truth, and virtue is a core aspect of the mission. The ultimate goal is to inspire a love of learning and discovery.


Official website here: www.charterdayschool.org

Who is the CEO of Classical Charter Schools Of America Inc?

Robert Spencer is the Board Chair of Classical Charter Schools Of America Inc.


Official website here: www.charterdayschool.org

What is the revenue of Classical Charter Schools Of America Inc?

Classical Charter Schools Of America Inc's revenue in 2022 was $29,251,839.


Official website here: www.charterdayschool.org

Who are the executives of Classical Charter Schools Of America Inc and what are their salaries?

The average compensation at Classical Charter Schools Of America Inc during 2022 was $20,562. There are 442 employees and 16 volunteers at Classical Charter Schools Of America Inc.


Here are 8 key members and their salaries:


Robert Spencer (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne West (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Gott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Chad Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Combs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Bodenschatz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dudeck (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Baker A Mitchell Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.charterdayschool.org

Where can I find the form 990 for Classical Charter Schools Of America Inc?

Classical Charter Schools Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.charterdayschool.org

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

Mission Statement of Classical Charter Schools Of America Inc

Classical Charter Schools of America Inc is an educational institution dedicated to passing on the knowledge and understanding of the human condition and the universe through various arts and sciences. They believe that each artistic and scientific expression, be it language, painting, music, mathematics, or science, possesses unique rules and techniques to effectively communicate these concepts. These rules and techniques serve as bridges to transmit these ideas from one generation to the next. Therefore, the mission of Charter Day School, under the umbrella of Roger Bacon Academy, is to educate the next generation by teaching them the techniques and rules for effective communication in the arts and sciences. By imparting this knowledge, they aim to convey our understanding of the universe and our role within it, instilling a love for learning and exploration, justifying a lifelong commitment to health, truth, and virtue. In essence, Classical Charter Schools of America Inc is a beacon of knowledge and wisdom, dedicated to bridging the gap between generations through the arts and sciences. By focusing on the transmission of these essential rules and techniques, they empower students to effectively communicate and express their understanding of the world around them.

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Impact




October, 2024

Classical Charter Schools of America Inc significantly impacts the educational landscape by providing a holistic and rigorous classical curriculum to students in North Carolina. Operated in Leland, Southport, Whiteville, and Wilmington, the charter schools serve approximately 2,513 students. The focus on effective communication and expression through the arts and sciences equips students with essential skills for lifelong learning.

By utilizing direct instruction methods, these schools consistently achieve top scores on state end-of-grade tests, indicating their success in fostering academic excellence. The curriculum emphasizes the foundational rules and techniques across various disciplines, enabling students to develop a strong understanding of humankind and the universe. This approach not only enhances academic performance but also inspires a love of learning and discovery, instilling values of health, truth, and virtue that students carry into their future endeavors. Through its educational model, Classical Charter Schools of America Inc plays a vital role in shaping well-rounded and knowledgeable individuals prepared to contribute meaningfully to society.




This information is meant to be a general summary of Classical Charter Schools Of America Inc. 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
$29,251,839 (2022)
Expenses
$29,487,373 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,046
  • Program Service Revenue: $24,955,228
  • Gross Receipts: $29,251,839

Assets and Liabilities:

  • Total Assets: $50,425,137
  • Total Liabilities: $41,222,064
  • Net Assets: $9,203,073

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Programs

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

STATE OF NC

Revenue

$19,062,049

TOTAL COUNTY FUNDS

Revenue

$5,856,046

BEFORE & AFTERSCHOOL CARE

Revenue

$37,133

Organization Details

Founding Year

1999

Principal Officer

Robert Spencer

Main Address

7055 BACONS WAY NE, LELAND, NC, 28451

NTEE Category

Code: B20 - Education

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