Overview
What is The Leman Academy Of Excellence Douglas County Colorado?
The Leman Academy of Excellence, located in Parker, Colorado (specifically at 19560 Stroh Rd, CO 80134), is a nonprofit organization primarily focused on supporting the Leman Classical School. They achieve this goal by offering their facilities for rental purposes. While the primary objective is to aid the Leman Classical School, the exact nature of the support they provide is not explicitly stated in the information provided. However, it is implied that they contribute in some capacity to the operation or enhancement of the school.
Official website here: www.lemanacademy.com/parker
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Leman Academy of Excellence Douglas County Colorado has received a solid Three-Star rating from Charity Navigator, reflecting an accountability and finance score of 81%. This score is derived from a comprehensive assessment of the organization’s financial practices, highlighting its strong governance structure, including an entirely independent board of directors. The organization also excels in areas such as its conflict of interest policy, whistleblower protections, and the maintenance of transparent financial documents.
Strengths of the organization include its high program expense ratio of 100%, indicating that all of its resources are directed towards fulfilling its mission. Additionally, the lack of material diversion of assets and the presence of an audit and oversight committee demonstrate a commitment to financial integrity and responsible management. The organization scores well in its governance practices, showcasing a thorough approach to accountability.
However, a notable limitation is the liabilities to assets ratio, which stands at 107.28%. This suggests that the organization has more liabilities than assets, potentially raising concerns about its financial stability. Overall, while Leman Academy shows strong performance in governance and accountability, financial health may require further attention.
This AI summary has been generated from information found on Charity Navigator.
Is The Leman Academy Of Excellence Douglas County Colorado legitimate?
The Leman Academy Of Excellence Douglas County Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Leman Academy Of Excellence Douglas County Colorado 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
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Official website here: www.lemanacademy.com/parker
What is the mission statement of The Leman Academy Of Excellence Douglas County Colorado?
The Leman Academy of Excellence, without specifying its exact location, has a mission to support the Leman Classical School. This support is primarily achieved through the rental of facilities. By doing so, the academy contributes to the operation and growth of the Leman Classical School, thereby contributing to the educational community at large. The academy's role is to provide a physical space for the Leman Classical School, thereby enabling it to carry out its educational activities effectively. The academy's mission is not to provide direct educational services, but rather to support the school through its facility rental service. The academy's role is essential in ensuring the continuity and success of the Leman Classical School.
Official website here: www.lemanacademy.com/parker
Who is the CEO of The Leman Academy Of Excellence Douglas County Colorado?
Victoria Hostin is the Officer of The Leman Academy Of Excellence Douglas County Colorado.
Official website here: www.lemanacademy.com/parker
What is the revenue of The Leman Academy Of Excellence Douglas County Colorado?
The Leman Academy Of Excellence Douglas County Colorado's revenue in 2022 was $1,656,788.
Official website here: www.lemanacademy.com/parker
Who are the executives of The Leman Academy Of Excellence Douglas County Colorado and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.lemanacademy.com/parker
Where can I find the form 990 for The Leman Academy Of Excellence Douglas County Colorado?
The Leman Academy Of Excellence Douglas County Colorado's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lemanacademy.com/parker
Learn more at the official website: www.lemanacademy.com/parker
Mission Statement of The Leman Academy Of Excellence Douglas County Colorado
The Leman Academy of Excellence, a nonprofit organization, is dedicated to assisting the Leman Classical School by renting out its facilities. This mission is geared towards providing essential support to the school, ensuring its smooth operation and success. By leveraging its resources in this way, The Leman Academy of Excellence contributes significantly to the Leman Classical School's mission of providing a high-quality classical education to its students. The organization's role in renting out facilities allows the school to concentrate on its primary focus, which is delivering an exceptional educational experience to its pupils.
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Impact
July, 2024
The impact of The Leman Academy Of Excellence Douglas County Colorado is centered around providing support to the Leman Classical School through the rental of facilities. By offering this support, the academy contributes to the educational environment of the school, helping to maintain and enhance its operations and offerings. Through this partnership, students at the Leman Classical School are able to benefit from a well-equipped and conducive learning environment, ultimately enriching their educational experience.
This information is meant to be a general summary of The Leman Academy Of Excellence Douglas County Colorado. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,656,788
- Gross Receipts: $1,656,788
Assets and Liabilities:
- Total Assets: $31,497,858
- Total Liabilities: $35,063,431
- Net Assets: -$3,565,573
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$1,656,788
Organization Details
Founding Year
2016
Phone
(720) 767-1600Principal Officer
Victoria Hostin
Main Address
19560 Stroh Rd, Parker, CO, 80134
Website
www.lemanacademy.com/parkerNTEE Category
Code: B80 - Education
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