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Knowledge Quest Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 841559556 ✦ Milliken, CO ✦ Designated as a 501(c)(3)

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Overview

What is Knowledge Quest Academy?

Knowledge Quest Academy is a well-established K-8 charter school situated in Milliken, Colorado, with a postal address of 705 S School House drive, 80543. They utilize the Core Knowledge educational program, which emphasizes a strong code of ethics. The school boasts small class sizes, catering to an enrollment of around 400 students. Their primary focus is on program service expenses, ensuring the smooth operation of the school. With a dedicated workforce of 70 employees, Knowledge Quest Academy is committed to providing quality education to its student body.


Official website here: www.kqatrailblazers.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Knowledge Quest Academy has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The rating is derived solely from the charity's performance in the Accountability & Finance beacon, where it excels in several key areas, including having a fully independent board and a strong program expense ratio of 76.15%. This suggests that a significant portion of its funds is directed toward funding its programs.

The organization stands out for its governance practices, achieving full points for having a majority of independent board members and a well-functioning audit and oversight committee. Additionally, Knowledge Quest Academy has demonstrated transparency by listing its tax form on its website and maintaining minutes of board meetings. However, it is noted that the charity lacks a whistleblower policy and guidelines for document retention and destruction, which could impact its overall governance framework.

Despite these minor shortcomings, the absence of any material diversion of assets highlights the organization's integrity in financial management. Overall, Knowledge Quest Academy shows a commitment to responsible operations and effective use of resources, making it a reliable choice for potential donors looking to support educational initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Knowledge Quest Academy legitimate?

Knowledge Quest Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knowledge Quest 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,992,432

For more financial information, click here


Official website here: www.kqatrailblazers.org

What is the mission statement of Knowledge Quest Academy?

Knowledge Quest Academy, as a K-8 charter school, employs the Core Knowledge educational program with a strong focus on ethics. The school prioritizes small class sizes and has an enrollment of approximately 400 students. The school's mission, in essence, is to provide a quality education using the Core Knowledge program and upholding a moral code of conduct. While specific details about the objectives or the extent of this mission are not provided, it can be inferred that the school aims to instill strong values and academic excellence in its students. The school's operations are funded through program service expenses, which cover all necessary costs to operate the charter school.


Official website here: www.kqatrailblazers.org

Who is the CEO of Knowledge Quest Academy?

Linda Spreitzer is the Principal of Knowledge Quest Academy.


Official website here: www.kqatrailblazers.org

What is the revenue of Knowledge Quest Academy?

Knowledge Quest Academy's revenue in 2023 was $4,771,202.


Official website here: www.kqatrailblazers.org

Who are the executives of Knowledge Quest Academy and what are their salaries?

The average compensation at Knowledge Quest Academy during 2023 was $30,178. There are 70 employees and 75 volunteers at Knowledge Quest Academy.


Here are 7 key members and their salaries:


Linda Spreitzer (Principal)
  • Compensation: $120,000
  • Related: $0
  • Other: $32,336
Chester Gemaehlich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tish Thompson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafi Mohammed (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Hise (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Mccutchen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara George (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kqatrailblazers.org

Where can I find the form 990 for Knowledge Quest Academy?

Knowledge Quest Academy's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kqatrailblazers.org

Learn more at the official website: www.kqatrailblazers.org

Mission Statement of Knowledge Quest Academy

Knowledge Quest Academy, a K-8 charter school, is dedicated to promoting education through the Core Knowledge program. This educational approach places a strong emphasis on a code of ethics. The school prides itself on maintaining small class sizes, ensuring each student receives personalized attention. With an enrollment of approximately 400 students, Knowledge Quest Academy is committed to providing a nurturing learning environment where ethical values are integrated into the curriculum. The school's mission is to offer a well-rounded education, fostering the growth and development of its students.

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Impact




July, 2024

Knowledge Quest Academy has a significant impact on the education sector by providing a K-8 charter school experience that prioritizes the Core Knowledge educational program and emphasizes a code of ethics. With small class sizes and an enrollment of around 400 students, the academy offers a personalized learning environment that supports students' academic growth and character development. Through its commitment to quality education and ethical values, Knowledge Quest Academy plays a vital role in shaping the future leaders of tomorrow.




This information is meant to be a general summary of Knowledge Quest 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.

Revenue
$4,771,202 (2023)
Expenses
$5,637,958 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $85,531
  • Program Service Revenue: $4,101,831
  • Gross Receipts: $4,771,202

Assets and Liabilities:

  • Total Assets: $10,332,940
  • Total Liabilities: $8,771,366
  • Net Assets: $1,561,574

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Per Pupil Revenue

Revenue

$3,620,614

Mil Levy Revenue

Revenue

$450,000

Student Fees

Revenue

$1,270

Student activities

Revenue

$29,947

Organization Details

Founding Year

2000

Principal Officer

Linda Spreitzer

Main Address

705 S School House drive, Milliken, CO, 80543

NTEE Category

Code: B29 - Education

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