Overview
What is Classical Academy?
The Classical Academy is a charter school located in Colorado Springs, Colorado, with an address at 975 Stout Road, ZIP code 80921. Established to support parents in their mission, the organization provides education for students in grades K-12. Its primary objective is to cultivate exceptional citizens by instilling analytical thinking skills, fostering virtuous character, and igniting a lifelong passion for learning, all grounded in a comprehensive foundation of knowledge. The Classical Academy, with a staff of 693 employees, offers educational services to students in the specified grade range.
Official website here: www.tcatitans.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Classical Academy received a two-star rating from Charity Navigator, indicating a need for improvement in its operational and financial management. While the organization has a strong accountability and finance score of 73%, there are areas that raise concerns, particularly its liabilities to assets ratio, which was reported at 99.96%. This suggests potential financial instability that may require closer scrutiny and strategic adjustments.
On the positive side, Classical Academy demonstrates robust governance practices, with 100% of its board members being independent and a comprehensive set of policies in place regarding conflict of interest, whistleblower protections, and document retention. The organization also scores well in areas related to transparency, such as making tax forms readily accessible on its website and maintaining thorough board meeting minutes.
Despite its strengths in governance and transparency, the organization's program expense ratio of 60.79% could be improved, as it indicates that a smaller percentage of its expenses are allocated directly to programs. Additionally, the high salaries of key personnel may raise questions regarding the allocation of resources and whether more funds could be directed towards program services rather than administrative costs.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Classical Academy?
3 reviews on Facebook highlight positive experiences with Classical Academy. The enthusiastic feedback praises the amazing staff and the curriculum offered by the nonprofit.
Overall, it appears that users appreciate the dedication and effectiveness of the educational programs. The sentiment is clearly favorable, indicating that many find value in what the nonprofit provides.
Even with a small number of reviews, the strong endorsement suggests that Classical Academy makes a significant impact on its community.
This AI summary has been generated from reviews found on Facebook.
Is Classical Academy legitimate?
Classical Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Classical 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: $899,506
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,919,047
For more financial information, click here
Official website here: www.tcatitans.org
What is the mission statement of Classical Academy?
The Classical Academy is dedicated to helping parents in their mission to cultivate exceptional citizens. These citizens are equipped with critical thinking abilities, virtuous character, and a deep-rooted passion for learning. This foundation is built on a strong base of knowledge. The Academy exists to serve students in grades K-12 by providing educational services. Their goal is to assist in creating well-rounded individuals who can think analytically and contribute positively to their communities.
Official website here: www.tcatitans.org
Who is the CEO of Classical Academy?
Mark Vangampleare is the President of Classical Academy.
Official website here: www.tcatitans.org
What is the revenue of Classical Academy?
Classical Academy's revenue in 2022 was $35,936,817.
Official website here: www.tcatitans.org
Who are the executives of Classical Academy and what are their salaries?
The average compensation at Classical Academy during 2022 was $25,712. There are 693 employees and 285 volunteers at Classical Academy.
Here are 14 key members and their salaries:
- Compensation: $193,282
- Related: $0
- Other: $44,093
- Compensation: $130,567
- Related: $0
- Other: $29,612
- Compensation: $122,911
- Related: $0
- Other: $35,790
- Compensation: $119,894
- Related: $0
- Other: $36,716
- Compensation: $122,562
- Related: $0
- Other: $31,324
- Compensation: $108,230
- Related: $0
- Other: $30,857
- Compensation: $102,060
- Related: $0
- Other: $29,093
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tcatitans.org
Where can I find the form 990 for Classical Academy?
Classical Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tcatitans.org
Learn more at the official website: www.tcatitans.org
Mission Statement of Classical Academy
Classical Academy is a nonprofit organization dedicated to supporting parents in their mission to raise exceptional citizens. These citizens are equipped with critical thinking skills, virtuous character, and a fervor for learning, all founded on a strong base of knowledge. The Academy exists to facilitate this process for students in grades K-12, acting as a charter school during the fiscal year.
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Impact
October, 2024
Classical Academy significantly impacts the educational landscape by supporting parents in their efforts to nurture exemplary citizens among their children. Its focus on developing analytical thinking skills, virtuous character, and a passion for learning equips students with essential tools for future success. By providing a structured K-12 charter school program, it ensures that students receive a solid foundation of knowledge, preparing them for academic challenges and fostering critical thinking. The emphasis on character and virtue promotes not only individual growth but also a well-rounded contribution to society. Overall, its approach helps shape informed, responsible citizens ready to engage in their communities.
This information is meant to be a general summary of Classical 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.
- Investment Income: -$330
- Program Service Revenue: $31,201,972
- Gross Receipts: $35,936,817
Assets and Liabilities:
- Total Assets: $94,115,876
- Total Liabilities: $95,338,841
- Net Assets: -$1,222,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHARTER SCHOOL PROGRAMS
Revenue
$30,305,007
CHARGES FOR SERVICES
Revenue
$896,965
Organization Details
Founding Year
1997
Phone
(719) 488-6479Principal Officer
Mark Vangampleare
Main Address
975 STOUT ROAD, COLORADO SPRINGS, CO, 80921
Website
www.tcatitans.orgNTEE Category
Code: B99Z - Education
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