Overview
What is Elite Academic Academy Adult Work Force Investment Charter School?
Elite Academic Academy Adult Work Force Investment Charter School is a California-based public benefit corporation, recognized for managing and operating a K-12 public charter school. Situated in Lucerne Valley, California, the academy served approximately 488 students during the 2021-2022 academic year, offering instruction for 180 days. The academy's mission is to stimulate curiosity and empower students through an engaging, interactive online curriculum, complemented by live instruction from experienced state-certified teachers. Providing this learning experience within the comfort and safety of their own homes, the virtual preparatory academy aims to inspire and educate students effectively. Employing a staff of 35 individuals, the academy is committed to delivering quality education to its students.
Official website here: www.lucerne.virtualpreparatoryacademy.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Elite Academic Academy Adult Work Force Investment Charter School has received a two-star rating from Charity Navigator, indicating a need for improvement in accountability and financial performance. While the organization boasts a fully independent board and a strong audit committee, there are significant issues, particularly with its financial health, highlighted by a high liabilities to assets ratio of 95.43%.
The organization demonstrates some strengths, such as maintaining transparency with listed tax forms and a conflict of interest policy. Additionally, the majority of its board members are independent, which is a positive factor in governance. However, the absence of a whistleblower policy raises concerns about internal protections and organizational integrity.
Financially, while the program expense ratio is somewhat moderate at 58.64%, there is room for improvement in how funds are allocated towards programs versus administrative expenses. The overall accountability score reflects a need for enhanced financial strategies and transparency to bolster the organization's standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Elite Academic Academy Adult Work Force Investment Charter School legitimate?
Elite Academic Academy Adult Work Force Investment Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elite Academic Academy Adult Work Force Investment Charter School 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: $156,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,715,433
For more financial information, click here
Official website here: www.lucerne.virtualpreparatoryacademy.com/
What is the mission statement of Elite Academic Academy Adult Work Force Investment Charter School?
The Elite Academic Academy Adult Work Force Investment Charter School's mission is centered around inspiring curiosity in students. They achieve this by offering an engaging, interactive online curriculum, supplemented with live instruction from experienced, state-certified teachers. This learning environment is designed to cater to students' needs, providing instruction in the comfort and safety of their own homes. The academy aims to empower its students, striving to deliver high-quality education remotely.
Official website here: www.lucerne.virtualpreparatoryacademy.com/
Who is the CEO of Elite Academic Academy Adult Work Force Investment Charter School?
Michelle Romaine is the Head Of School of Elite Academic Academy Adult Work Force Investment Charter School.
Official website here: www.lucerne.virtualpreparatoryacademy.com/
What is the revenue of Elite Academic Academy Adult Work Force Investment Charter School?
Elite Academic Academy Adult Work Force Investment Charter School's revenue in 2022 was $5,177,777.
Official website here: www.lucerne.virtualpreparatoryacademy.com/
Who are the executives of Elite Academic Academy Adult Work Force Investment Charter School and what are their salaries?
The average compensation at Elite Academic Academy Adult Work Force Investment Charter School during 2022 was $53,476. There are 35 employees and 3 volunteers at Elite Academic Academy Adult Work Force Investment Charter School.
Here are 4 key members and their salaries:
- Compensation: $46,914
- Related: $0
- Other: $14,703
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lucerne.virtualpreparatoryacademy.com/
Where can I find the form 990 for Elite Academic Academy Adult Work Force Investment Charter School?
Elite Academic Academy Adult Work Force Investment Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lucerne.virtualpreparatoryacademy.com/
Learn more at the official website: www.lucerne.virtualpreparatoryacademy.com/
Mission Statement of Elite Academic Academy Adult Work Force Investment Charter School
Elite Academic Academy Adult Work Force Investment Charter School is dedicated to inspiring curiosity in its students by offering an engaging, interactive online curriculum paired with live instruction from experienced, state-certified teachers. This innovative approach allows students to learn from the comfort and safety of their own homes, ensuring a flexible and convenient educational experience. The academy's mission is to empower its students, fostering a learning environment that encourages curiosity and growth. By combining the benefits of online learning with the personal touch of live instruction, Elite Academic Academy Adult Work Force Investment Charter School aims to provide its students with a well-rounded and enriching educational experience.
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Impact
July, 2024
Elite Academic Academy Adult Work Force Investment Charter School's impact can be seen in the 488 students it served for 180 instructional days in the year ended June 30, 2022. The school's mission of inspiring curiosity and empowering students with an engaging online curriculum, combined with live instruction by experienced teachers, highlights its commitment to providing quality education. Located in Lucerne Valley, California, this public charter school plays a vital role in shaping the academic journey of its students and contributing to the educational landscape in the region.
This information is meant to be a general summary of Elite Academic Academy Adult Work Force Investment Charter School. 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.
- Gross Receipts: $5,177,777
Assets and Liabilities:
- Total Assets: $2,847,519
- Total Liabilities: $2,524,999
- Net Assets: $322,520
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Organization Details
Founding Year
2018
Phone
(703) 206-6243Principal Officer
Michelle Romaine
Main Address
8560 ALIENTO RD, LUCERNE VALLEY, CA, 92356
NTEE Category
Code: B29 - Education
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