Overview
What is The Lincoln Academy?
The Lincoln Academy, located at 608 Henry Avenue, Beloit, Wisconsin, is a public charter school serving over 400 scholars during the 2021-22 educational year. This thriving institution is dedicated to academic rigor, character development, and career exploration. Students displayed notable academic growth, with evidence from spring MAP results. Over 98% of kindergarten to second-grade and 6-9 grade scholars completed Xello career curriculum lessons. Furthermore, 100% of eighth-grade scholars presented their individualized learning plans. The Lincoln Academy fosters partnerships with 130+ businesses to support career exploration, and scholars logged a remarkable 1,300 service learning hours. The team behind this institution consists of 72 committed employees.
Official website here: www.thelincolnacademybeloit.com/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
The Lincoln Academy has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The charity's overall score is a perfect 100% in this category, indicating robust governance practices and financial management. Key strengths include a fully independent board, comprehensive financial oversight, and a significant program expense ratio of 72.79%, showcasing that a substantial portion of its expenditures directly supports its mission.
The organization excels in various transparency measures, such as having a whistleblower policy, conflict of interest policy, and documented board meeting minutes. Additionally, the lack of material diversions of assets and no loans to or from officers further underline its operational integrity. The financial health of the Lincoln Academy is strong, evidenced by a low liabilities to assets ratio of 3.29% and an exceptional working capital ratio of 6.84 years.
While the data highlights the nonprofit's strengths, it also emphasizes the importance of maintaining these high standards as it grows. Continuous adherence to transparency and effective financial management will be crucial to sustaining its positive reputation and ensuring donor confidence in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is The Lincoln Academy legitimate?
The Lincoln Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lincoln 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: $227,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,632,323
For more financial information, click here
Official website here: www.thelincolnacademybeloit.com/
What is the mission statement of The Lincoln Academy?
The Lincoln Academy is a public charter school catering to students from kindergarten to twelfth grade. Its mission is geared towards the operation of this educational institution. During the first school year of 2021-22, the academy successfully educated over 400 scholars. Three essential pillars underpinned the learning experience at The Lincoln Academy: academic rigor, character development, and career exploration. Students displayed impressive academic growth, as shown in their spring MAP results. Moreover, scholars in grades K5-2 and 6-9 completed Xello career curriculum lessons, while those in 8th grade presented their individualized learning plans. Dual credit and 130 business partnerships fostered career exploration, and scholars logged an impressive 1,300 service learning hours.
Official website here: www.thelincolnacademybeloit.com/
Who is the CEO of The Lincoln Academy?
David Mccoy is the Vice Chairperson (Thru June 2022) of The Lincoln Academy. The CEO's salary of The Lincoln Academy is $187,178 and their total compensation is $242,463.
Official website here: www.thelincolnacademybeloit.com/
What is the revenue of The Lincoln Academy?
The Lincoln Academy's revenue in 2022 was $13,095,547.
Official website here: www.thelincolnacademybeloit.com/
Who are the executives of The Lincoln Academy and what are their salaries?
The average compensation at The Lincoln Academy during 2022 was $53,609. There are 72 employees and 9 volunteers at The Lincoln Academy.
Here are 11 key members and their salaries (The Lincoln Academy's CEO's salary is $187,178 and their total compensation is $242,463):
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- Compensation: $187,178
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- Other: $55,285
- Compensation: $132,916
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- Other: $30,233
Official website here: www.thelincolnacademybeloit.com/
Where can I find the form 990 for The Lincoln Academy?
The Lincoln Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thelincolnacademybeloit.com/
Learn more at the official website: www.thelincolnacademybeloit.com/
Mission Statement of The Lincoln Academy
The Lincoln Academy, a public charter school for students in grades 4K-12, has successfully educated over 400 scholars during the 2021-22 academic year. This institution is dedicated to fostering academic rigor, character development, and career exploration, as encapsulated in its three pillars.
Throughout the year, scholars at The Lincoln Academy demonstrated significant academic growth, as evidenced by their strong spring MAP results. Moreover, students in grades K5-2 and 6-9 completed Xello career curriculum lessons, ensuring they gained essential insights into various professions. The school's commitment to career exploration was further bolstered by 130+ business partnerships that supported students' learning and aspirations.
In addition to rigorous academics, The Lincoln Academy placed great emphasis on character development. Scholars in the 8th grade presented their individualized learning plans, showcasing their progress and goals. Furthermore, over 1300 service learning hours were logged by students, inspiring them to engage in their communities and cultivate important life skills.
In summary, The Lincoln Academy is a vibrant learning community that nurtures academic growth, instills strong character, and fosters career exploration. Its dedicated scholars achieved impressive academic progress, gained valuable insights into various professions, and logged extensive service learning hours, making for a well-rounded educational experience.
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Impact
October, 2024
The Lincoln Academy significantly impacts the educational landscape in Beloit, Wisconsin, by fostering the growth of over 400 scholars in its inaugural year of 2021-22. Through a dedicated approach centered on academic rigor, character development, and career exploration, the academy has cultivated an environment where students thrive. The impressive academic outcomes demonstrate this commitment, with results showing substantial growth as evidenced by Spring MAP assessments.
A noteworthy achievement is that 98% of scholars in grades K5-2 and 6-9 successfully completed the Xello career curriculum, underscoring the academy's emphasis on integrating career readiness into the educational experience. Eighth-grade scholars showcased their individualized learning plans, highlighting the personalized approach to education that the academy champions.
Furthermore, Lincoln Academy has established strong ties with the community through over 130 business partnerships, facilitating real-world career exploration opportunities for its students. The commitment to service is also evident, with scholars logging 1,300 service learning hours, reinforcing the importance of giving back to the community while developing valuable skills. Overall, The Lincoln Academy's multifaceted impact enriches both the individual scholars and the broader community.
This information is meant to be a general summary of The Lincoln 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.
- Gross Receipts: $13,095,547
Assets and Liabilities:
- Total Assets: $39,721,302
- Total Liabilities: $1,044,501
- Net Assets: $38,676,801
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Organization Details
Founding Year
2019
Phone
(608) 690-5100Principal Officer
David Mccoy
Main Address
608 HENRY AVENUE, BELOIT, WI, 53511
NTEE Category
Code: B29 - Education
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