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Carlthorp School

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

EIN: 953512203 ✦ Santa monica, CA ✦ Designated as a 501(c)(3)

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Overview

What is Carlthorp School?

The Carlthorp School, established in 1939, is a well-respected independent, nonprofit day school located in Santa Monica, California, catering to students in grades K-6. This school, with a rich history, prides itself on providing a strong academic foundation in a nurturing community that emphasizes traditional values, disciplined work habits, and excellence. With a curriculum focused on math, reading, and English, teachers employ diverse teaching methods to ensure individual attention for each student. The school serves approximately 280 students and has 118 employees. Accredited by various educational institutions and organizations, the Carlthorp School has received numerous awards for its academic achievements and the success of its graduates. Through its traditional approach to education and caring environment, the school prepares children to excel in today's competitive society.


Official website here: www.carlthorp.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Carlthorp School has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization scores 96% in Accountability & Finance, indicating that it effectively manages its resources and adheres to best practices.

Key strengths include a fully independent board, with 94% of members being independent, and a robust financial oversight structure. The organization has also demonstrated strong compliance with financial reporting standards and policies, such as having a whistleblower policy and maintaining thorough documentation of board meetings.

There are no significant limitations or concerns noted in the data, highlighting Carlthorp School's effective governance and financial health. Overall, the organization appears to be a well-managed nonprofit that prioritizes transparency and responsible use of funds.


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

Is Carlthorp School legitimate?

Carlthorp School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carlthorp 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: $627,799
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,096,652

For more financial information, click here


Official website here: www.carlthorp.org

What is the mission statement of Carlthorp School?

Carlthorp School is an independent, non-profit day school catering to children in grades K-6. Its mission is to provide a strong academic foundation in a diverse and nurturing community, emphasizing traditional values, disciplined work habits, and excellence. Established in 1939, the school has expanded its curriculum significantly over the years while maintaining its core philosophy. The school focuses on holistic development, helping students grow academically, socially, and ethically within a traditionally academic environment. Positive reinforcement in a caring, wholesome environment prepares children to excel in today's competitive society. Carlthorp School's traditional approach to education sets a solid foundation for students to reach their full potential.


Official website here: www.carlthorp.org

Who is the CEO of Carlthorp School?

Kenneth Parr is the Head Of School of Carlthorp School.


Official website here: www.carlthorp.org

What is the revenue of Carlthorp School?

Carlthorp School's revenue in 2022 was $12,590,028.


Official website here: www.carlthorp.org

Who are the executives of Carlthorp School and what are their salaries?

The average compensation at Carlthorp School during 2022 was $65,461. There are 118 employees and 110 volunteers at Carlthorp School.


Here are 23 key members and their salaries:


Nola Rae Cronan (Head Of School)
  • Compensation: $196,000
  • Related: $0
  • Other: $8,806
Catalina Vergara (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bundy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Conrad (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hou (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Jackman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jarred Kennedy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Lewis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Lurie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherman Ma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Moreno (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Menzies (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Sheehy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie Huie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Varun Soni (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Bertman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Farhat (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Parr (Director Of Finance)
  • Compensation: $273,678
  • Related: $0
  • Other: $120,136
Steven Springer (Associate Head Of School)
  • Compensation: $283,877
  • Related: $0
  • Other: $74,776
Lynn Wagmeister (Director Of Admissions)
  • Compensation: $199,496
  • Related: $0
  • Other: $56,951
Maureen Pollack (Director Of Communications)
  • Compensation: $159,932
  • Related: $0
  • Other: $18,855
Amanda Sasso (Dean Of Academics)
  • Compensation: $146,500
  • Related: $0
  • Other: $24,951
Derrick Williamson (Sixth Grade Teacher)
  • Compensation: $128,807
  • Related: $0
  • Other: $15,940


Official website here: www.carlthorp.org

Where can I find the form 990 for Carlthorp School?

Carlthorp School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carlthorp.org

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

Mission Statement of Carlthorp School

Carlthorp School, a renowned independent nonprofit day school, has been nurturing children in grades K-6 since its founding in 1939. With a strong commitment to academic excellence, this esteemed institution emphasizes traditional values, discipline, and hard work in a diverse and caring community.

Carlthorp School's philosophy revolves around fostering the holistic growth of each child. Academic development is a priority, but the school also focuses on social and ethical growth. This balanced approach allows students to flourish both within and beyond the classroom. The school's traditional educational philosophy, combined with positive reinforcement, creates a nurturing and wholesome learning environment.

Established over 80 years ago, Carlthorp School is the oldest independent school in Santa Monica. Despite the significant expansion of its curriculum over the decades, the foundational principles of this prestigious institution remain unchanged. The school's dedication to the child as a whole ensures that they receive a well-rounded education, preparing them to thrive in today's competitive society. By fostering a strong academic foundation, instilling traditional values, and encouraging disciplined work habits, Carlthorp School empowers its students to reach new heights in their educational and personal journeys.

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Impact




October, 2024

Carlthorp School profoundly influences the educational landscape for children in grades K-6 in Santa Monica, California. Established in 1939, it remains the oldest independent school in the area, providing a nurturing and academically rigorous environment. With accreditation from esteemed organizations such as the National Association of Independent Schools and the California Association of Independent Schools, Carlthorp School emphasizes a well-rounded curriculum focused on building a solid foundation in core subjects, including math, reading, and English.

The school maintains small class sizes, with 20 students per class, allowing for personalized attention and support for each student. This individualized approach fosters not only academic excellence but also the development of essential life skills such as thoroughness, accuracy, and responsibility. As a result, 100% of the school's 2022 graduating class was accepted into their first-choice secondary schools, highlighting the school's effectiveness in preparing students for future challenges.

Carlthorp School's commitment to traditional values and disciplined work habits creates a supportive community where students can thrive. The institution's mission is to educate the whole child—academically, socially, and ethically—within a framework of positive reinforcement and caring guidance. This impacts not only the students' immediate educational experiences but also their long-term success in an increasingly competitive society.




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

Revenue
$12,590,028 (2022)
Expenses
$12,631,105 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $585,867
  • Program Service Revenue: $10,004,223
  • Gross Receipts: $12,742,680

Assets and Liabilities:

  • Total Assets: $45,708,597
  • Total Liabilities: $8,926,860
  • Net Assets: $36,781,737

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Programs

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

TUITION/TUTORING FEES

Revenue

$9,730,800

WORKSHOPS AND ACTIVITIES

Revenue

$273,423

Organization Details

Founding Year

1939

Principal Officer

Kenneth Parr

Main Address

438 SAN VICENTE BLVD, SANTA MONICA, CA, 90402

NTEE Category

Code: B24Z - Education

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