Overview
What is Lafontaine Preparatory School Ii?
Lafontaine Preparatory School II is a nonprofit institution situated in Richmond, Kentucky, with a postal address at 993 Four Mile Road, 40475. The school serves a community of 140 students from grades K through 5, providing them with a traditional classroom setting. Lafontaine Preparatory School II is committed to fostering a dynamic learning environment that engages both students and their families. With a staff of 94 dedicated individuals, the school aims to create a community where learning experiences are at the heart of its operations.
Official website here: www.lafontaineprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Lafontaine Preparatory School II currently holds a two-star rating from Charity Navigator, indicating that there are areas needing improvement within its operations and governance. The organization benefits from a fully independent board, with 100% of its board members being independent, and demonstrates a strong program expense ratio of 76.48%, suggesting that a significant portion of its budget is allocated toward its programs.
However, several governance policies are lacking, including a missing whistleblower policy and deficiencies in the document retention and destruction policies. Additionally, the organization has not posted its financial statements or tax forms on its website, which diminishes transparency. Despite these issues, Lafontaine Preparatory School II shows a good ability to manage its liabilities, maintaining a low liabilities to assets ratio of 6.93%.
Overall, while the nonprofit exhibits strengths in board independence and program expenditure, it faces challenges in transparency and governance practices that warrant attention and improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Lafontaine Preparatory School Ii legitimate?
Lafontaine Preparatory School Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafontaine Preparatory School Ii 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: $976,939
For more financial information, click here
Official website here: www.lafontaineprep.org
What is the mission statement of Lafontaine Preparatory School Ii?
Lafontaine Preparatory School II is an educational institution that fosters dynamic learning experiences, thereby creating a community of engaged learners and families. The school's mission is centered around providing a traditional classroom setting for students in grades K through 5, with the aim of serving and nurturing their overall development. The school's operations are successful in cultivating an environment that encourages active learning and involvement from both students and their families.
Official website here: www.lafontaineprep.org
Who is the CEO of Lafontaine Preparatory School Ii?
Gus Lafontaine is the Director of Lafontaine Preparatory School Ii.
Official website here: www.lafontaineprep.org
What is the revenue of Lafontaine Preparatory School Ii?
Lafontaine Preparatory School Ii's revenue in 2022 was $1,577,373.
Official website here: www.lafontaineprep.org
Who are the executives of Lafontaine Preparatory School Ii and what are their salaries?
The average compensation at Lafontaine Preparatory School Ii during 2022 was $10,393. There are 94 employees at Lafontaine Preparatory School Ii.
Here are 5 key members and their salaries:
- Compensation: $24,864
- 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.lafontaineprep.org
Where can I find the form 990 for Lafontaine Preparatory School Ii?
Lafontaine Preparatory School Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lafontaineprep.org
Learn more at the official website: www.lafontaineprep.org
Mission Statement of Lafontaine Preparatory School Ii
Lafontaine Preparatory School II is an institution that fosters an engaging learning community. The school's mission is to provide dynamic learning experiences that inspire and motivate its students in grades K through 5. By creating a nurturing environment, Lafontaine Preparatory School II aims to foster a sense of community among its learners and their families. The school's operations have proven successful, serving over 140 students in a traditional classroom setting.
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Impact
July, 2024
Lafontaine Preparatory School II's impact can be seen in the transformation of 140 students in grades K through 5 into engaged learners within a traditional classroom setting. Through dynamic learning experiences, the school fosters a strong sense of community among students and families. Located in Richmond, KY, Lafontaine Preparatory School II is dedicated to providing a high-quality education that prepares students for future success. Its focus on education contributes positively to the local community and helps shape the next generation of leaders.
This information is meant to be a general summary of Lafontaine Preparatory School Ii. 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: $1,198,282
- Gross Receipts: $1,577,373
Assets and Liabilities:
- Total Assets: $404,679
- Total Liabilities: $28,058
- Net Assets: $376,621
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL OPERATIONS
Revenue
$1,198,282
Organization Details
Founding Year
2019
Phone
(859) 278-9561Principal Officer
Gus Lafontaine
Main Address
993 FOUR MILE ROAD, RICHMOND, KY, 40475
Website
www.lafontaineprep.orgNTEE Category
Code: B24 - Education
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