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Classical Academy De Lafayette

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

EIN: 814743046 ✦ Lake saint louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Classical Academy De Lafayette?

Classical Academy De Lafayette is a private educational institution located in Lake Saint Louis, Missouri. With a focus on classical education, it serves students from Kindergarten to tenth grade. Its mission is to foster academic excellence and cultivate virtuous character in its students, emphasizing four classical virtues—prudence, temperance, justice, and fortitude. The school follows a rigorous, content-rich curriculum based on classical liberal arts, aiming to unlock the full potential of each student. As of the provided information, they employ 27 individuals.


Official website here: www.calschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement.

Classical Academy De Lafayette has received a two-star rating, indicating that while it has some strong points in its accountability and financial transparency, there are significant concerns regarding its overall financial health. The organization boasts a perfect score in Accountability & Finance, with full marks in areas such as having a majority independent board and providing necessary policies on conflict of interest and whistleblower protections.

However, the nonprofit's financial performance raises red flags, particularly with a liabilities to assets ratio of 164.86%, which suggests it may be over-leveraged. Despite a commendable program expense ratio of 74.30%, indicating that a significant portion of its budget is allocated to programs rather than administrative costs, the lack of a comprehensive financial review or audit may hinder trust among potential donors. Overall, while the organization demonstrates strong governance practices, its financial challenges warrant close scrutiny.


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

Is Classical Academy De Lafayette legitimate?

Classical Academy De Lafayette is a legitimate nonprofit organization registered as a 501(c)(3) entity. Classical Academy De Lafayette 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: $84,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $722,077

For more financial information, click here


Official website here: www.calschool.org

What is the mission statement of Classical Academy De Lafayette?

Classical Academy de Lafayette's mission is centered around enhancing the academic abilities of each student. They achieve this through a rigorous, comprehensive curriculum based on classical liberal arts. Simultaneously, the organization strives to instill virtuous character traits in students, focusing on the four classical virtues of prudence, temperance, justice, and fortitude. The school's educational approach is designed to provide students with a strong foundation for a virtuous life. Classical Academy de Lafayette is dedicated to promoting academic excellence and moral growth in its students.


Official website here: www.calschool.org

Who is the CEO of Classical Academy De Lafayette?

Katy Mckinney is the Ceo, Head Of School of Classical Academy De Lafayette. The CEO's salary of Classical Academy De Lafayette is $45,000 and their total compensation is $45,000.


Official website here: www.calschool.org

What is the revenue of Classical Academy De Lafayette?

Classical Academy De Lafayette's revenue in 2023 was $1,136,575.


Official website here: www.calschool.org

Who are the executives of Classical Academy De Lafayette and what are their salaries?

The average compensation at Classical Academy De Lafayette during 2023 was $29,866. There are 27 employees and 85 volunteers at Classical Academy De Lafayette.


Here are 9 key members and their salaries (Classical Academy De Lafayette's CEO's salary is $45,000 and their total compensation is $45,000):


Katy Mckinney (Ceo, Head Of School)
  • Compensation: $45,000
  • Related: $0
  • Other: $0
Bill Ward (Director)
  • Compensation: $39,315
  • Related: $0
  • Other: $0
Jamie Sullivan (Director Former)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Anderson (Chairman Former)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Meagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hallie Meagher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Henn (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Payne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mccauley (Head Of School)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.calschool.org

Where can I find the form 990 for Classical Academy De Lafayette?

Classical Academy De Lafayette's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.calschool.org

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

Mission Statement of Classical Academy De Lafayette

Classical Academy De Lafayette, a renowned private primary school, is committed to nurturing the academic excellence of its students from Kindergarten to tenth grade. Their mission is multifaceted, aiming to enhance the intellectual capabilities of each student through a meticulous, substantive, and classical liberal arts curriculum. Simultaneously, the institution strives to instill within its pupils a virtuous character, focusing on the four cardinal virtues of prudence, temperance, justice, and fortitude. By embracing this classical education approach, Classical Academy de Lafayette seeks to provide its students with the foundation necessary for a fulfilling and virtuous life.

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Impact




July, 2024

Classical Academy De Lafayette's impact is evident in the academic development and character cultivation of its students. Through a rigorous, content-rich, classical liberal arts program, the academy equips students with a strong academic foundation and instills in them virtues such as prudence, temperance, justice, and fortitude. By focusing on classical education and promoting superior educational results, the academy prepares students for success in both academics and in leading virtuous lives. This holistic approach to education helps shape well-rounded individuals who are equipped to navigate the challenges of the modern world with wisdom and integrity.




This information is meant to be a general summary of Classical Academy De Lafayette. 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
$1,136,575 (2023)
Expenses
$1,344,680 (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: $801,572
  • Gross Receipts: $1,187,675

Assets and Liabilities:

  • Total Assets: $674,056
  • Total Liabilities: $1,111,291
  • Net Assets: -$437,235

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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

$773,690

Shooting Team Income

Revenue

$2,807

Cafeteria

Revenue

$4,269

Uniforms

Revenue

$329

Extracurricular Activities Bus Fees

Revenue

$20,477

Organization Details

Founding Year

2016

Principal Officer

Katy Mckinney

Main Address

20 Hawk Ridge Cir, Lake Saint Louis, MO, 63367

NTEE Category

Code: B20 - Education

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