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Laurens Academy Inc

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

EIN: 571028384 ✦ Laurens, SC ✦ Designated as a 501(c)(3)

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Overview

What is Laurens Academy Inc?

Laurens Academy Inc is a nonprofit organization committed to providing a nurturing and secure environment that fosters the holistic development of each student. This development encompasses the academic, emotional, physical, social, and spiritual aspects of each individual. By offering a supportive and safe space, Laurens Academy, Inc. aims to empower students to reach their full potential.


Official website here: www.laurensacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Laurens Academy Inc has received a two-star rating from Charity Navigator, reflecting an overall score of 69%. This rating indicates that while the organization meets some standards in accountability and finance, there are significant areas requiring improvement. Notably, it boasts a fully independent board with strong governance metrics, such as 100% independent board members. The program expense ratio is commendable at 81.73%, signifying that a large portion of its expenditures directly supports its mission.

However, the nonprofit faces critical shortcomings in its financial transparency and governance policies. It has not provided financial statements, which has resulted in a low score in that category. Additionally, the absence of essential governance documents, such as a conflict of interest policy and a whistleblower policy, raises concerns about operational integrity. Furthermore, it has failed to post its tax form on its website, which hinders transparency for potential donors.

In summary, while Laurens Academy Inc demonstrates strong programmatic commitment and independent governance, it must address its transparency and policy gaps to enhance trust and accountability among its stakeholders.


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

What do the Facebook reviews say about Laurens Academy Inc?

90% of 30 reviewers on Facebook recommend Laurens Academy Inc. Here is a summary of their reviews:

Many long-term families express deep appreciation for the academy, highlighting the positive experiences and memories they've created over the years. The connection and support from the staff seem to foster a strong sense of community, which resonates well with parents and students alike.

Overall, the sentiment is overwhelmingly positive, with parents feeling satisfied and confident in the educational and social development offered at Laurens Academy.


This AI summary has been generated from reviews found on Facebook.

Is Laurens Academy Inc legitimate?

Laurens Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurens Academy 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: $47,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $572,118

For more financial information, click here


Official website here: www.laurensacademy.com

What is the mission statement of Laurens Academy Inc?

Laurens Academy Inc's mission is centered around creating a safe and secure environment that fosters the holistic development of each student. This encompasses academic growth, emotional well-being, physical health, social skills, and spiritual development. The institution aims to provide an opportunity for each student to reach their highest potential in all these areas.


Official website here: www.laurensacademy.com

Who is the CEO of Laurens Academy Inc?

Todd Kirk is the Headmaster of Laurens Academy Inc.


Official website here: www.laurensacademy.com

What is the revenue of Laurens Academy Inc?

Laurens Academy Inc's revenue in 2023 was $1,832,798.


Official website here: www.laurensacademy.com

Who are the executives of Laurens Academy Inc and what are their salaries?

The average compensation at Laurens Academy Inc during 2023 was $13,475. There are 46 employees and 30 volunteers at Laurens Academy Inc.


Here are 10 key members and their salaries:


Todd Kirk (Headmaster)
  • Compensation: $47,742
  • Related: $0
  • Other: $0
Karla Frey (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Howard (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Irwin (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Langston (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Medlin (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Moore (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Mullinax (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendi Nix (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Robinson (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laurensacademy.com

Where can I find the form 990 for Laurens Academy Inc?

Laurens Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.laurensacademy.com

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

Mission Statement of Laurens Academy Inc

Laurens Academy, Inc. is dedicated to creating a secure and conducive environment for its students. This nonprofit organization strives to empower each student to reach their full potential in various aspects of their lives. The academic growth of the students is a priority, but Laurens Academy, Inc. also focuses on their emotional, physical, social, and spiritual development. By providing a safe and nurturing environment, the institution allows its students to thrive and unlock their innate abilities. The mission of Laurens Academy, Inc. is to foster an atmosphere where students can grow, learn, and evolve into well-rounded individuals, ready to face the challenges of the future.

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Impact




July, 2024

Laurens Academy Inc's impact lies in providing a safe, secure environment that enhances each student's opportunity to develop to their highest potential academically, emotionally, physically, socially, and spiritually. Through this mission, the organization positively influences the lives of students in Laurens, South Carolina, fostering holistic growth and development across multiple aspects of their lives. This commitment to education and personal growth contributes to building a stronger, more capable future generation.




This information is meant to be a general summary of Laurens Academy 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
$1,832,798 (2023)
Expenses
$2,047,385 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,205
  • Program Service Revenue: $1,825,573
  • Gross Receipts: $1,832,798

Assets and Liabilities:

  • Total Assets: $2,582,529
  • Total Liabilities: $1,189,557
  • Net Assets: $1,392,972

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Programs

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

PROGRAM REVENUE

Revenue

$1,825,573

Organization Details

Founding Year

1994

Principal Officer

Todd Kirk

Main Address

PO BOX 425, LAURENS, SC, 29360

NTEE Category

Code: B20Z - Education

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