Overview
What is Lake Country Classical Academy Inc?
Lake Country Classical Academy Inc, located at 818 W Wisconsin Ave, Oconoomowoc, WI 53118, is a tuition-free, public charter school that provides high-quality education to students from kindergarten to 9th grade. The academy, which aims to expand to serve grades K-12 by 2024, is committed to fostering the intellectual growth and moral development of its students. Through a content-rich, classical education in liberal arts and sciences, Lake Country Classical Academy emphasizes the teachings of moral character and civic virtue. Currently, the academy employs 71 individuals, working diligently to meet the educational needs of its students.
Official website here: www.lakecountryclassical.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Lake Country Classical Academy Inc has received a solid Three-Star rating from Charity Navigator, indicating a generally favorable standing in terms of accountability and financial health. With a high program expense ratio of 83.10%, the organization demonstrates a commitment to directing funds towards its educational initiatives, which is a positive indicator of its operational focus.
However, the organization has some areas that need improvement. While it has a majority of independent board members and a strong audit and oversight committee, it lacks policies for whistleblower protection and document retention, which could raise concerns about governance practices. Additionally, not having its tax form posted on its website may hinder transparency.
Overall, Lake Country Classical Academy Inc appears to be managing its resources effectively and maintaining a strong financial position, but it could benefit from enhancing its governance policies to align with best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lake Country Classical Academy Inc?
100% of 11 reviewers on Facebook recommend Lake Country Classical Academy Inc. Here is a summary of their reviews:
The reviews highlight a positive experience with the academy, particularly emphasizing the joy and satisfaction of students. One reviewer noted that their granddaughter, who is 7 years old, loves attending the school, which suggests that the learning environment is engaging and supportive for young children.
Overall, it appears that the nonprofit successfully cultivates a nurturing atmosphere that resonates well with both students and their families, leading to a strong endorsement from those involved.
This AI summary has been generated from reviews found on Facebook.
Is Lake Country Classical Academy Inc legitimate?
Lake Country Classical Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Country Classical Academy 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: $199,155
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,279,564
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Official website here: www.lakecountryclassical.org
What is the mission statement of Lake Country Classical Academy Inc?
Lake Country Classical Academy Inc's mission is centered around education, aiming to cultivate the minds and foster the hearts of young students. They achieve this through a comprehensive, classical curriculum in liberal arts and sciences, integrating lessons in moral character and civic virtue. Recognizing the significance of quality education, Lake Country Classical Academy addresses the need for tuition-free, teacher-led education, offering its services from kindergarten to grade 9 at present, and intending to expand up to grade 12 by 2024.
Official website here: www.lakecountryclassical.org
Who is the CEO of Lake Country Classical Academy Inc?
Margaret Daigneau is the President And Founder of Lake Country Classical Academy Inc.
Official website here: www.lakecountryclassical.org
What is the revenue of Lake Country Classical Academy Inc?
Lake Country Classical Academy Inc's revenue in 2022 was $5,594,436.
Official website here: www.lakecountryclassical.org
Who are the executives of Lake Country Classical Academy Inc and what are their salaries?
The average compensation at Lake Country Classical Academy Inc during 2022 was $34,912. There are 71 employees and 50 volunteers at Lake Country Classical Academy Inc.
Here are 6 key members and their salaries:
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Official website here: www.lakecountryclassical.org
Where can I find the form 990 for Lake Country Classical Academy Inc?
Lake Country Classical Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakecountryclassical.org
Learn more at the official website: www.lakecountryclassical.org
Mission Statement of Lake Country Classical Academy Inc
Lake Country Classical Academy (LCCA) is committed to shaping the minds and fostering the hearts of young individuals through a comprehensive, classical education in the liberal arts and sciences. This esteemed institution emphasizes moral character and civic virtue, addressing the pressing need for tuition-free, high-quality, teacher-led education from kindergarten to twelfth grade. LCCA, functioning as a public charter school, currently caters to students from kindergarten to ninth grade and plans to expand one grade level each year until serving fully from kindergarten to twelfth grade by 2024.
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Impact
July, 2024
Lake Country Classical Academy Inc's impact lies in its mission to train the minds and improve the hearts of young people through a content-rich, classical education in the liberal arts and sciences, with instruction in the principles of moral character and civic virtue. By offering tuition-free, high-quality education for K-12 students in Oconomowoc, WI, Lake Country Classical Academy addresses the real need for teacher-led academic programs that focus on character development and civic values. Through its commitment to providing a rigorous and well-rounded education, Lake Country Classical Academy positively influences the intellectual and moral development of its students, preparing them to become informed and responsible members of society.
This information is meant to be a general summary of Lake Country Classical Academy 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: $87,976
- Gross Receipts: $5,636,980
Assets and Liabilities:
- Total Assets: $1,636,345
- Total Liabilities: $594,863
- Net Assets: $1,041,482
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL ACTIVITY INCOME
Revenue
$57,607
STUDENT FEES AND FINES
Revenue
$30,327
FOOD SALES
Revenue
$42
Organization Details
Founding Year
2020
Phone
(262) 254-9049Principal Officer
Margaret Daigneau
Main Address
818 W WISCONSIN AVE, OCONOMOWOC, WI, 53118
Website
www.lakecountryclassical.orgNTEE Category
Code: B29 - Education
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