Virginia Chance School Inc

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

EIN: 610549871 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Virginia Chance School Inc?

Virginia Chance School Inc. is a distinguished independent educational institution situated in Louisville, Kentucky. Serving children from the tender age of 2 to the end of 5th grade, this nonprofit organization fosters a dynamic and enjoyable learning environment. The school's primary mission is to empower its diverse student body, nurturing cognitive, social, emotional, moral, and physical growth through various enriching activities and experiences. By encouraging discovery and exploration, the Virginia Chance School enables children to develop a strong self-esteem and transform into lifelong learners. With a commitment to excellence and respect, this esteemed institution fosters a progressive and joyful educational program that prepares its students to engage productively with the world. The organization currently employs 105 individuals.


Official website here: www.chanceschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating) from Charity Navigator

Virginia Chance School Inc has received an 81% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This score is derived from various indicators, demonstrating that the organization operates with a high level of transparency and sound financial practices. The absence of any material diversion of assets and a low liabilities to assets ratio indicate solid financial health.

The organization excels in governance, with a fully independent board consisting of 22 members. It has implemented essential policies such as conflict of interest, whistleblower protections, and document retention, all of which contribute to its reputable standing. Furthermore, a significant portion of its expenses—over 77%—is allocated directly to its programs, showcasing a focus on effective service delivery and mission fulfillment.

Despite its strengths, reviews do not highlight specific programmatic achievements or impacts, which could provide a more comprehensive understanding of the organization's effectiveness. Overall, Virginia Chance School Inc demonstrates strong accountability and financial management, which are critical factors for potential donors and stakeholders.


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

Is Virginia Chance School Inc legitimate?

Virginia Chance School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Chance School 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: $139,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,389,569

For more financial information, click here


Official website here: www.chanceschool.org

What is the mission statement of Virginia Chance School Inc?

The Virginia Chance School, serving children from ages 2 to 5th grade, operates as an independent institution that fosters a diverse community of learners. The school is committed to providing a challenging and joyful education, integrating various enriching activities to strengthen and develop each child's cognitive, social, emotional, moral, and physical abilities. In this vibrant learning environment, children acquire knowledge through exploration and discovery, enhancing their self-esteem, and evolving into creative, lifelong learners. The Virginia Chance School upholds excellence and respect, promoting a progressive and whole-child approach to education, enabling each student to reach their full potential.


Official website here: www.chanceschool.org

Who is the CEO of Virginia Chance School Inc?

Sasha Antskaitis is the Treasurer of Virginia Chance School Inc.


Official website here: www.chanceschool.org

What is the revenue of Virginia Chance School Inc?

Virginia Chance School Inc's revenue in 2022 was $3,905,171.


Official website here: www.chanceschool.org

Who are the executives of Virginia Chance School Inc and what are their salaries?

The average compensation at Virginia Chance School Inc during 2022 was $24,086. There are 105 employees and 175 volunteers at Virginia Chance School Inc.


Here are 21 key members and their salaries:


Sasha Antskaitis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Farmer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Butler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitsuko Martinez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brigitte Landry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Layla George (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ankur Gopal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Hall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edith Halbleib (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Mckendrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Mueller (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed James (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brookes Pope (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Son (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Del Negro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Green (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Jevne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Westergren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benton Keith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Besty Fitch (Head Of School (June - Dec))
  • Compensation: $69,134
  • Related: $0
  • Other: $5,746
Stephanie Mutchnick (Interim Head Of School (Jan - May))
  • Compensation: $50,417
  • Related: $0
  • Other: $2,437


Official website here: www.chanceschool.org

Where can I find the form 990 for Virginia Chance School Inc?

Virginia Chance School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chanceschool.org

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

Mission Statement of Virginia Chance School Inc

Virginia Chance School is an independent institution that fosters a diverse community of children, ranging from ages 2 to 5th grade. The school encourages active participation in a challenging and delightful education, integrating cognitive, social, emotional, moral, and physical abilities in each child. The Virginia Chance School community plays a significant role in enabling children to acquire knowledge through exploration and discovery, thereby enhancing their self-esteem and transforming them into creative, lifelong learners. The school's commitment to excellence and respect is reflected in its joyful, challenging, and progressive program, which is intentionally designed to cater to the whole-child approach to education. Students graduating from Virginia Chance School emerge as confident, inquisitive learners, well-equipped to engage productively with their world.

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Impact




July, 2024

Virginia Chance School Inc's impact is profound in the realm of education. By providing an enriching and challenging learning environment for children aged 2 through 5th grade, the school actively fosters cognitive, social, emotional, moral, and physical development in each child. Through a curriculum focused on discovery, exploration, and self-esteem building, Virginia Chance School nurtures creative and lifelong learners. Graduates of the school emerge as confident and inquisitive individuals ready to effectively engage with the world around them.




This information is meant to be a general summary of Virginia Chance School 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
$3,905,171 (2022)
Expenses
$3,774,782 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $102,054
  • Program Service Revenue: $3,441,466
  • Gross Receipts: $3,979,410

Assets and Liabilities:

  • Total Assets: $7,401,830
  • Total Liabilities: $3,435,695
  • Net Assets: $3,966,135

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Programs

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

TUITION AND FEES

Revenue

$3,441,466

Organization Details

Founding Year

1953

Principal Officer

Sasha Antskaitis

Main Address

4200 LIME KILN LANE, LOUISVILLE, KY, 40222

NTEE Category

Code: B24 - Education

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