Laurelwood Academy Inc

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

EIN: 930950453 ✦ Jasper, OR ✦ Designated as a 501(c)(3)

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Overview

What is Laurelwood Academy Inc?

Laurelwood Academy Inc, situated in Jasper, Oregon, is a nonprofit organization dedicated to offering traditional academic education programs to high school students, in line with Seventh-Day Adventist principles. The organization sets itself apart by combining these studies with unique work-education classes, aiming to prepare students for both higher education and the workforce. Beyond its local reach, Laurelwood Academy also offers assistance to international academic ministry education programs that require help in providing equivalent work-education classes to prepare foreign students for college and their future careers. With a team of three individuals, this organization strives to equip students with a well-rounded educational experience.


Official website here: www.laurelwoodacademy.org

What are the reviews and ratings of this charity?

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

Laurelwood Academy Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The overall score is derived entirely from the Accountability & Finance beacon, with a score of 77% reflecting solid practices in these areas. The fiscal year evaluated was FY2023, and the charity demonstrates a strong commitment to financial transparency and stewardship.

The organization has notable strengths, including a high program expense ratio of 96.74%, meaning the majority of its expenses go directly towards its mission-related programs. Additionally, it boasts 57% independent board members and documented board meeting minutes, showcasing its governance structure and commitment to ethical practices. Furthermore, the absence of material diversion of assets highlights its integrity in handling resources.

However, while the score reflects good performance in accountability and finance, the overall rating does not account for effectiveness or impact, which are key factors in assessing a nonprofit's success. Prospective donors should consider both the financial health and the mission outcomes when evaluating Laurelwood Academy Inc.


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

Is Laurelwood Academy Inc legitimate?

Laurelwood Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurelwood 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: $39,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.laurelwoodacademy.org

What is the mission statement of Laurelwood Academy Inc?

Laurelwood Academy Inc's mission is centered around providing high school-aged students with an education that aligns with Seventh-Day Adventist principles. The organization also offers a work-education experience for each student. In addition, Laurelwood Academy extends assistance to academic ministry education programs worldwide that require aid in establishing unique work-education classes. These classes are designed to prepare foreign students for higher education and the workplace.


Official website here: www.laurelwoodacademy.org

Who is the CEO of Laurelwood Academy Inc?

Stephen Henton is the Secretary of Laurelwood Academy Inc.


Official website here: www.laurelwoodacademy.org

What is the revenue of Laurelwood Academy Inc?

Laurelwood Academy Inc's revenue in 2022 was $649,002.


Official website here: www.laurelwoodacademy.org

Who are the executives of Laurelwood Academy Inc and what are their salaries?

The average compensation at Laurelwood Academy Inc during 2022 was $13,050. There are 3 employees and 4 volunteers at Laurelwood Academy Inc.


Here are 7 key members and their salaries:


Joan H Payne (Secretary)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
Stephen Henton (President)
  • Compensation: $16,800
  • Related: $0
  • Other: $0
Edith M Mulvihill (Treasurer)
  • Compensation: $4,350
  • Related: $0
  • Other: $0
Colby Henton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merlin Beerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Busl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hurtado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laurelwoodacademy.org

Where can I find the form 990 for Laurelwood Academy Inc?

Laurelwood Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.laurelwoodacademy.org

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

Mission Statement of Laurelwood Academy Inc

Laurelwood Academy Inc, a nonprofit organization, is dedicated to offering a high school education that aligns with Seventh-Day Adventist principles. Its primary mission is to provide a well-rounded education, complemented by a work-education experience, for each student enrolled. Beyond its academic offerings, Laurelwood Academy Inc extends its assistance to various academic ministry education programs worldwide that require help in establishing unique work-education classes. This initiative aims to prepare foreign students for their transition into college and the workforce.

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Impact




July, 2024

The impact of Laurelwood Academy Inc can be seen in the lives of high school-age students who receive a holistic education in alignment with Seventh-day Adventist principles. Through its unique work-education experience, students are not only academically prepared for college and the workplace but also equipped with practical skills for life. Additionally, the organization extends its reach globally by assisting academic ministry education programs in providing similar work-education classes to foreign students, thereby contributing to the preparation of a diverse range of individuals for their future endeavors. Laurelwood Academy Inc's focus on education and work experience not only benefits individual students but also has a broader impact on communities and institutions around the world.




This information is meant to be a general summary of Laurelwood 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.

Revenue
$649,002 (2022)
Expenses
$574,499 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,698
  • Gross Receipts: $649,002

Assets and Liabilities:

  • Total Assets: $947,646
  • Total Liabilities: $39
  • Net Assets: $947,607

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Organization Details

Founding Year

1987

Principal Officer

Stephen Henton

Main Address

PO Box 2072, Jasper, OR, 97438

NTEE Category

Code: B25 - Education

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