Overview
What is The Lighthouse School?
The Lighthouse School, located in Coos Bay, Oregon, serves as a nonprofit institution dedicated to enriching the lives of local students. Operating under the Coos Bay School District, this public school adheres to the Waldorf educational approach. The school's operations are supported by contributions, program fees, local school districts, government grants, and private entities. The Lighthouse School's primary mission is to offer youth activities and education, with a focus on fostering students' intellectual and personal growth through its unique teaching methodology. The school boasts a dedicated team of 44 employees, working tirelessly to provide an enriching learning environment for its students.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56% (One-Star out of Four Stars)
The Lighthouse School has received a One-Star rating from Charity Navigator, indicating significant concerns in its accountability and financial practices. While the organization demonstrates strong governance with 100% independent board members and no material diversion of assets, its overall financial performance is rated poorly, especially in terms of fundraising efficiency and working capital.
Strengths of The Lighthouse School include a commendable program expense ratio of 78.54%, suggesting that a substantial portion of its funds is directed toward programs rather than administrative costs. The organization is transparent with its board meeting minutes and has no loans to or from officers, which reflects a commitment to ethical governance.
However, a critical area of concern is the fundraising efficiency, which is rated at $0.00, indicating that the organization may struggle to generate revenue through its fundraising efforts. Additionally, a working capital ratio of only 0.11 years raises questions about its financial sustainability and ability to cover short-term obligations, suggesting that the organization may need to focus on improving its financial strategies moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is The Lighthouse School legitimate?
The Lighthouse School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lighthouse School 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: $89,301
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,098,799
For more financial information, click here
What is the mission statement of The Lighthouse School?
The Lighthouse School's mission is centered around providing youth activities and education for students. It operates as a public school within the Coos Bay, Oregon, School District, employing a Waldorf-style educational approach. Support for the school comes from various sources, including local school districts, government grants, private donors, and program fees. The school's purpose is to educate students in this unique learning environment, promoting their overall development and growth.
Who is the CEO of The Lighthouse School?
Shelley Lake is the Director of The Lighthouse School.
What is the revenue of The Lighthouse School?
The Lighthouse School's revenue in 2023 was $2,281,917.
Who are the executives of The Lighthouse School and what are their salaries?
The average compensation at The Lighthouse School during 2023 was $27,002. There are 44 employees at The Lighthouse School.
Here are 12 key members and their salaries:
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Where can I find the form 990 for The Lighthouse School?
The Lighthouse School's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Lighthouse School
The Lighthouse School, as a nonprofit institution, is dedicated to offering youth activities and education within the Coos Bay, Oregon, School District. Its mission is accomplished through the operation of a public school that adheres to the Waldorf teaching methodology. This approach to education aims to foster holistic development in students, encompassing their intellectual, physical, and emotional well-being.
The School secures its operational funds from various sources, including local school districts, government and private grantors, contributions, and program fees. This diverse funding base allows it to provide a comprehensive educational experience to its students, ensuring they receive the best possible education within the Waldorf framework. The School's commitment to its mission is evident in its dedication to nurturing the whole child, instilling a love for learning and personal growth in each student it serves.
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Impact
July, 2024
The Lighthouse School's impact is seen in the positive transformation of students within the Coos Bay, Oregon, School District through its unique Waldorf-style education program. By providing youth activities and education in this innovative approach, the school cultivates a holistic learning environment that fosters creativity, critical thinking, and personal growth. Through support from local school districts, government and private grantors, contributions, and program fees, The Lighthouse School is able to offer this enriching educational experience to its students, making a lasting impact on their academic and personal development.
This information is meant to be a general summary of The Lighthouse School. 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 2023.
- Investment Income: $2,794
- Gross Receipts: $2,281,917
Assets and Liabilities:
- Total Assets: $2,705,775
- Total Liabilities: $2,471,382
- Net Assets: $234,393
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Organization Details
Founding Year
2001
Phone
(541) 751-1649Principal Officer
Shelley Lake
Main Address
62858 Hwy 101, Coos Bay, OR, 97420
NTEE Category
Code: B29 - Education
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