Overview
What is Placer Academy Schools?
Placer Academy Schools is a charter institution situated in Gold River, California, serving students from kindergarten to eighth grade. The school adopts an innovative approach to education, encouraging students to think critically and creatively through project-based learning. This method involves tackling complex questions and problems, allowing students to internalize central concepts and principles. By actively participating in projects, students develop essential skills such as research, problem-solving, decision-making, and investigating. Placer Academy Charter School promotes an environment of high expectations and success, aiding students in setting realistic goals and providing assistance to help them achieve them. As of June 30, 2022, the school served around 261 students and offered 175 instructional days with a dedicated staff of 59 individuals.
Official website here: www.placeracademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Stars
Placer Academy Schools has received a Two-Star rating from Charity Navigator, primarily reflecting its score in the Accountability & Finance category. The high score in program expense ratio indicates that a significant portion of its funding is utilized for mission-related activities, which is a positive aspect of its financial management.
However, the organization faces challenges with its liabilities to assets ratio, which is notably high at 124.98%. This may raise concerns about the financial stability of the nonprofit. Despite these issues, the organization maintains a strong governance structure with 100% independent board members and comprehensive policies in place, such as conflict of interest and whistleblower protections.
In terms of executive compensation, the salaries of key personnel appear reasonable and aligned with the organization's overall financial health. While there are notable strengths in governance and program expense management, the financial challenges highlighted may require attention for ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Placer Academy Schools legitimate?
Placer Academy Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Placer Academy Schools 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: $97,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $550,240
For more financial information, click here
Official website here: www.placeracademy.org
What is the mission statement of Placer Academy Schools?
Placer Academy Charter School, serving students from kindergarten to eighth grade, encourages an academic approach that fosters openness, enthusiasm, and creative problem-solving. The school adheres to the core knowledge curriculum, emphasizing the importance of asking questions, solving problems, and making well-informed decisions. A positive climate of expectation and success is cultivated, encouraging students to set realistic goals and providing the necessary assistance to achieve them. The mission of Placer Academy Charter is to facilitate the development of self-confidence and equip students with the foundational academic skills necessary for them to reach their full potential and succeed in higher education.
Official website here: www.placeracademy.org
Who is the CEO of Placer Academy Schools?
Kimberly Husted is the Executive Director of Placer Academy Schools.
Official website here: www.placeracademy.org
What is the revenue of Placer Academy Schools?
Placer Academy Schools's revenue in 2023 was $1,740,815.
Official website here: www.placeracademy.org
Who are the executives of Placer Academy Schools and what are their salaries?
The average compensation at Placer Academy Schools during 2023 was $10,980. There are 59 employees and 3 volunteers at Placer Academy Schools.
Here are 6 key members and their salaries:
- Compensation: $51,725
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $20,938
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.placeracademy.org
Where can I find the form 990 for Placer Academy Schools?
Placer Academy Schools's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.placeracademy.org
Learn more at the official website: www.placeracademy.org
Mission Statement of Placer Academy Schools
Placer Academy, a charter school catering to students from kindergarten through eighth grade, fosters an environment that encourages students to tackle academic challenges with curiosity, enthusiasm, and a problem-solving mindset. The school's curriculum is based on the core knowledge approach, which emphasizes the importance of asking questions, solving problems creatively, and making well-reasoned decisions. Placer Academy strives to instill a sense of expectation and success in its students, encouraging them to set realistic goals and offering support to help them achieve them. Ultimately, the mission of Placer Academy is to nurture self-confidence in its students and provide them with the academic foundation necessary for a successful higher education experience.
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Impact
July, 2024
Placer Academy Schools positively impacts the education system by providing a unique learning environment for students from kindergarten through 8th grade. Through a project-based approach, students are encouraged to think creatively, solve problems, and develop valuable research and decision-making skills. By actively engaging in hands-on projects, students not only understand core concepts but also learn to apply their knowledge to real-world scenarios. With an emphasis on academic challenges, self-confidence, and reaching one's true potential, Placer Academy Schools aims to prepare students for successful experiences in higher education. Its commitment to fostering a climate of expectation and success, along with personalized support for each student, contributes to its overall impact in promoting a love for learning and personal growth.
This information is meant to be a general summary of Placer Academy Schools. 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 2023.
- Gross Receipts: $1,740,815
Assets and Liabilities:
- Total Assets: $1,166,513
- Total Liabilities: $1,457,952
- Net Assets: -$291,439
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Organization Details
Founding Year
2018
Phone
(925) 899-5798Principal Officer
Kimberly Husted
Main Address
11231 Gold Express Drive 310 to 411, Gold River, CA, 95670
Website
www.placeracademy.orgNTEE Category
Code: B29 - Education
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