Overview
What is Summit Classical Charter School Inc?
Summit Classical Charter School Inc, situated in Anderson, South Carolina, is a nonprofit educational institution that commences its services from 5K. Initially offering classes from 5K to 3rd grade, the school aims to expand by adding a new grade annually. Its unique curriculum integrates classical literature, Latin, and rhetorical arts into existing subjects, fostering critical thinking skills that extend beyond the classroom and into the modern workplace. The primary objective of Summit Classical Charter School Inc is to cultivate a learning environment that nurtures model citizens in Clinton, South Carolina, encouraging lifelong achievement in education and service. The school aspires to establish a regional model, promoting the values of classical education to support the growth and development of future leaders. With a dedicated team of 21 employees, the school is committed to providing a nurturing educational environment.
Official website here: www.summitclassicalschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Summit Classical Charter School Inc has received a Two-Star rating from Charity Navigator, indicating that there are significant areas for improvement despite some strong performance in accountability and finance metrics. The organization earned a perfect score of 100% in accountability, demonstrating robust governance with 100% of its board members being independent. However, the rating reflects concerns regarding missing policies, such as a whistleblower and document retention policies, which are essential for maintaining transparency and trust.
In terms of financial health, the school has a strong program expense ratio of 70.56%, suggesting that a substantial portion of its budget is directed towards its mission. However, the liabilities to assets ratio is notably high at 98.81%, raising potential red flags about its financial stability. Additionally, the absence of key financial documents on its website, such as tax forms, further detracts from the organization's perceived accountability.
Overall, while Summit Classical Charter School Inc demonstrates commendable practices in governance and programmatic spending, it must address the noted shortcomings to enhance its rating and foster greater trust among stakeholders. Implementing missing policies and improving financial reporting transparency would be vital steps toward achieving a stronger rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Summit Classical Charter School Inc legitimate?
Summit Classical Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Classical Charter 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $606,585
For more financial information, click here
Official website here: www.summitclassicalschool.com
What is the mission statement of Summit Classical Charter School Inc?
Summit Classical Charter School's mission is to establish a learning environment that fosters the values of classical education, nurturing students in Clinton, South Carolina, to become model citizens who continuously strive for educational achievement and service. The school aims to serve as a regional model, cultivating a climate that supports the growth and development of leadership-caliber students through the integration of classical literature, Latin, and rhetorical arts into the study of various subjects. This approach helps students develop critical thinking skills, enabling them to think with depth, order, and complexity beyond the educational setting and into the modern marketplace.
Official website here: www.summitclassicalschool.com
Who is the CEO of Summit Classical Charter School Inc?
Craig Wooten is the Chair of Summit Classical Charter School Inc.
Official website here: www.summitclassicalschool.com
What is the revenue of Summit Classical Charter School Inc?
Summit Classical Charter School Inc's revenue in 2022 was $1,167,806.
Official website here: www.summitclassicalschool.com
Who are the executives of Summit Classical Charter School Inc and what are their salaries?
The average compensation at Summit Classical Charter School Inc during 2022 was $28,885. There are 21 employees at Summit Classical Charter School Inc.
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Official website here: www.summitclassicalschool.com
Where can I find the form 990 for Summit Classical Charter School Inc?
Summit Classical Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.summitclassicalschool.com
Learn more at the official website: www.summitclassicalschool.com
Mission Statement of Summit Classical Charter School Inc
Summit Classical Charter School, a nonprofit institution, is dedicated to establishing a learning environment that nurtures model citizens in Clinton, South Carolina. Their mission is twofold: firstly, they strive to create a regional model that embodies the values of classical education, fostering the growth and development of students with leadership potential. Secondly, they aim to integrate classical literature, Latin, and rhetorical arts into the study of existing subjects, thereby equipping students with the skills necessary to think with order, depth, and complexity beyond the educational sphere and into the modern marketplace. By doing so, Summit Classical Charter School seeks to empower its students, setting them on a path towards ongoing achievement in education and service.
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Impact
July, 2024
Summit Classical Charter School Inc, located in Anderson, SC, is making a significant impact by cultivating a learning environment that produces model citizens dedicated to ongoing achievement in education and service. By providing educational services starting at 5K and adding a new grade each year, Summit Classical integrates classical literature, Latin, and rhetorical arts into its curriculum to develop students' skills in critical thinking, order, depth, and complexity. This approach not only advances students academically but also equips them with the tools needed to succeed in the modern marketplace. Summit Classical Charter School is striving to create a regional model for establishing a school climate that fosters classical education values and supports the growth and development of leadership-caliber students.
This information is meant to be a general summary of Summit Classical Charter 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $3,897
- Gross Receipts: $1,167,806
Assets and Liabilities:
- Total Assets: $979,204
- Total Liabilities: $967,556
- Net Assets: $11,648
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITIES AND FEES
Revenue
$3,897
Organization Details
Founding Year
2018
Phone
(864) 977-4988Principal Officer
Craig Wooten
Main Address
ACCOUNTS PAYABLE, ANDERSON, SC, 29622
NTEE Category
Code: B20 - Education
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