Overview
What is Great Oaks Academy?
Great Oaks Academy is a nonprofit organization situated in Farmington, Minnesota, with a specific focus on classical education. Serving students from Kindergarten to Grade 4, the academy catered to 189 students during the recent fiscal year. Their educational approach is characterized by rigor, literature-richness, wonder, and virtue, ensuring a disciplined and engaging learning environment. The mission of Great Oaks Academy is to foster the intellectual and emotional growth of its students through a liberal arts curriculum. With a team of 29 dedicated individuals, the academy is committed to nurturing well-rounded individuals who can make meaningful contributions to society.
Official website here: www.greatoaksacademymn.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Great Oaks Academy has received a 73% rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and transparency. The organization performs well in several aspects, such as having a majority of independent board members and a strong financial oversight committee. Additionally, they have shown a commitment to responsible financial management with a high program expense ratio.
However, some significant limitations have been noted. The absence of a whistleblower policy and documents related to retention and destruction raises concerns about governance practices. Furthermore, the organization has not posted its tax forms on its website, which can hinder transparency and access to important financial information for stakeholders. Overall, while there are commendable strengths, the areas needing attention could impact the organization's overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Great Oaks Academy legitimate?
Great Oaks Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Oaks Academy 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: $194,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $653,916
For more financial information, click here
Official website here: www.greatoaksacademymn.com
What is the mission statement of Great Oaks Academy?
Great Oaks Academy's mission is centered around nurturing the intellect and emotions of its students. This is achieved through a classical, liberal arts education, which involves rigorous, literature-rich instruction in a disciplined and engaging environment. The education provided by the academy aims to be both wondrous and virtuous, fostering a well-rounded development in its students.
Official website here: www.greatoaksacademymn.com
Who is the CEO of Great Oaks Academy?
Heith Wetzler is the Board Chair/Teacher of Great Oaks Academy.
Official website here: www.greatoaksacademymn.com
What is the revenue of Great Oaks Academy?
Great Oaks Academy's revenue in 2022 was $2,413,143.
Official website here: www.greatoaksacademymn.com
Who are the executives of Great Oaks Academy and what are their salaries?
The average compensation at Great Oaks Academy during 2022 was $29,239. There are 29 employees and 5 volunteers at Great Oaks Academy.
Here are 8 key members and their salaries:
- Compensation: $70,989
- Related: $0
- Other: $16,382
- Compensation: $58,424
- Related: $0
- Other: $4,838
- Compensation: $44,494
- Related: $0
- Other: $6,662
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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.greatoaksacademymn.com
Where can I find the form 990 for Great Oaks Academy?
Great Oaks Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greatoaksacademymn.com
Learn more at the official website: www.greatoaksacademymn.com
Mission Statement of Great Oaks Academy
Great Oaks Academy, a classical education charter school, is committed to nurturing the minds and emotions of its students. It accomplishes this by providing a rigorous, literature-rich, and virtuous education in a disciplined and engaging environment. The school's approach is wondrous, ensuring that learning is not just a process of acquiring knowledge, but also a journey of discovery and wonder. Great Oaks Academy serves students from kindergarten to fourth grade and served 189 students during the recent fiscal year. The school's mission is to cultivate the intellectual and emotional growth of its students, instilling in them a love for learning and a sense of virtue.
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Impact
July, 2024
Great Oaks Academy's impact can be seen in the transformation of young minds and hearts through a classical, liberal arts education. By providing rigorous, literature-rich, and virtuous instruction in a disciplined and engaging environment, the academy is shaping the future leaders of tomorrow. Serving 189 students in the current fiscal year, Great Oaks Academy in Farmington, MN, is dedicated to instilling values and knowledge that will guide students towards a brighter and more fulfilling future.
This information is meant to be a general summary of Great Oaks Academy. 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: $7,092
- Gross Receipts: $2,413,143
Assets and Liabilities:
- Total Assets: $1,220,107
- Total Liabilities: $937,675
- Net Assets: $282,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD SALES TO PUPILS
Revenue
$4,359
FEES FROM PATRONS
Revenue
$2,733
Organization Details
Founding Year
2018
Phone
(651) 615-0499Principal Officer
Heith Wetzler
Main Address
6300 212TH ST W, FARMINGTON, MN, 55024
Website
www.greatoaksacademymn.comNTEE Category
Code: B29 - Education
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