Overview
What is Camino Nuevo Charter Academy?
Camino Nuevo Charter Academy is a charter school based in Los Angeles, California, with a mission to educate approximately 3,067 students in grades K-12th. They operate six schools in total, four K-8 schools and two high schools. Their vision goes beyond academics, aiming to develop literate, critical thinkers, and independent problem solvers who are socially aware and sensitive to the world around them. With 578 employees, they serve the local community, providing a college preparatory program and fostering students who can contribute to social justice.
Official website here: www.caminonuevo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star Rating)
Camino Nuevo Charter Academy has achieved a strong overall score of 93%, indicative of its commitment to accountability and financial management. The rating is based solely on the Accountability & Finance beacon, which reflects the organization’s robust practices and transparency in operations. A significant achievement is the presence of a fully independent board, contributing to the integrity and decision-making processes within the organization.
Strengths highlighted include a high program expense ratio of 82.50%, suggesting that a substantial majority of its funding is directed toward programs rather than administrative costs. Additionally, the organization has implemented comprehensive policies, such as conflict of interest and whistleblower policies, which reinforce its commitment to ethical governance. The financial oversight is further enhanced by having an audit and oversight committee, demonstrating a proactive approach to fiscal responsibility.
While the organization performs well overall, there is a noted liabilities to assets ratio of 53.79%, which may raise questions about its financial leverage. This figure indicates that the organization has a moderate level of liabilities relative to its assets, which could be a point of consideration for future financial health. Overall, Camino Nuevo Charter Academy appears to be a well-managed nonprofit with a focus on effective program delivery and strong governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Camino Nuevo Charter Academy legitimate?
Camino Nuevo Charter Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camino Nuevo Charter 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: $268,701
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,141,945
For more financial information, click here
Official website here: www.caminonuevo.org
What is the mission statement of Camino Nuevo Charter Academy?
Camino Nuevo Charter Academy's mission is to educate students in a college-preparatory program, nurturing them into literate, critical thinkers, and independent problem solvers. These students are encouraged to become agents of social justice with sensitivity towards the world around them. Through its charter schools in California, Camino Nuevo serves approximately 3,067 students in grades K-12th, providing educational opportunities to the surrounding community.
Official website here: www.caminonuevo.org
Who is the CEO of Camino Nuevo Charter Academy?
Adriana Abich is the Chair of Camino Nuevo Charter Academy. The CEO's salary of Camino Nuevo Charter Academy is $213,736 and their total compensation is $262,728.
Official website here: www.caminonuevo.org
What is the revenue of Camino Nuevo Charter Academy?
Camino Nuevo Charter Academy's revenue in 2022 was $54,137,172.
Official website here: www.caminonuevo.org
Who are the executives of Camino Nuevo Charter Academy and what are their salaries?
The average compensation at Camino Nuevo Charter Academy during 2022 was $38,773. There are 578 employees and 9 volunteers at Camino Nuevo Charter Academy.
Here are 15 key members and their salaries (Camino Nuevo Charter Academy's CEO's salary is $213,736 and their total compensation is $262,728):
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- Compensation: $213,736
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- Other: $48,992
- Compensation: $133,458
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- Other: $27,864
- Compensation: $130,028
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- Other: $31,316
- Compensation: $122,681
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- Other: $27,931
- Compensation: $119,069
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- Other: $24,806
- Compensation: $113,964
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- Other: $29,734
Official website here: www.caminonuevo.org
Where can I find the form 990 for Camino Nuevo Charter Academy?
Camino Nuevo Charter Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caminonuevo.org
Learn more at the official website: www.caminonuevo.org
Mission Statement of Camino Nuevo Charter Academy
Camino Nuevo Charter Academy, a mission-driven organization, strives to educate students in a college-preparatory program. Their ultimate goal is to foster literate, critical thinkers, and independent problem solvers who embody social justice and a sensitivity towards the world around them. By providing education to approximately 3,067 students in grades K-12th, this charter school is dedicated to making a difference in the lives of its students and the surrounding community. The academic program offered by Camino Nuevo Charter Academy goes beyond the basics, cultivating young minds to become agents of positive change.
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Impact
October, 2024
Camino Nuevo Charter Academy has significantly impacted the surrounding community by operating four K-8 schools and two high schools in Los Angeles, California. By providing educational opportunities to approximately 3,067 students from kindergarten through 12th grade, the academy plays a crucial role in fostering a nurturing and academically rigorous environment.
The academy's mission focuses on preparing students for college through a curriculum that emphasizes literacy, critical thinking, and independent problem-solving skills. This approach not only equips students with the necessary academic tools for future success but also instills a sense of social justice and a strong awareness of their place in the world. As a result, Camino Nuevo Charter Academy contributes to shaping well-rounded individuals who are poised to make meaningful contributions to society.
This information is meant to be a general summary of Camino Nuevo Charter 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.
- Investment Income: $70,620
- Gross Receipts: $54,137,172
Assets and Liabilities:
- Total Assets: $64,272,263
- Total Liabilities: $18,821,808
- Net Assets: $45,450,455
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Organization Details
Founding Year
1999
Phone
(213) 417-3400Principal Officer
Adriana Abich
Main Address
3435 W TEMPLE STREET, LOS ANGELES, CA, 90026
Website
www.caminonuevo.orgNTEE Category
Code: B29 - Education
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