Overview
What is Pine Lake Preparatory?
Pine Lake Preparatory is a nonprofit organization that operates a public charter school. Based on the provided information, the exact nature and mission of the school are not explicitly stated, but it can be inferred that they are committed to providing education to students. The organization does not seem to have any limitations mentioned in relation to emergency shelters, mental/medical healthcare, case management, or job opportunities, unlike Partnership Against Domestic Violence. Instead, they focus on the operation of their charter school. Creating a free account will grant access to more details about the organization.
Official website here: www.pinelakeprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Pine Lake Preparatory has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas of concern regarding its accountability and financial management. The overall score of 73% reflects strong governance practices, with 100% of board members being independent and a well-functioning audit and oversight committee. However, the organization lacks essential policies, such as a whistleblower and document retention policy, which detracts from its governance score.
The nonprofit shows a commendable commitment to program expenses, boasting an 80.20% ratio, suggesting that a significant portion of its funds is directed towards its mission. Nevertheless, the liabilities to assets ratio is concerning at 133.15%, indicating potential financial instability. The absence of key financial documents on its website further raises questions about transparency.
While Pine Lake Preparatory demonstrates strengths in board independence and financial oversight, the missing policies and financial ratios highlight critical areas for improvement. These factors contribute to the overall rating, suggesting that the organization should focus on enhancing its governance and transparency practices to better serve its mission and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Pine Lake Preparatory legitimate?
Pine Lake Preparatory is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pine Lake Preparatory 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,609,526
For more financial information, click here
Official website here: www.pinelakeprep.org
What is the mission statement of Pine Lake Preparatory?
Pine Lake Preparatory is dedicated to the operation of a public charter school. Their mission is to provide access to quality education for a greater number of students. The school aims to foster an academic environment that encourages growth and development. Through innovative teaching methods and personalized learning plans, Pine Lake Preparatory strives to help students reach their full potential. The institution is committed to creating a supportive learning community that values diversity and inclusivity. Additionally, they offer various resources and opportunities for students to explore their interests and expand their horizons. Pine Lake Preparatory is focused on preparing its students for success in their future endeavors.
Official website here: www.pinelakeprep.org
Who is the CEO of Pine Lake Preparatory?
Jason Yanni is the Administrator of Pine Lake Preparatory.
Official website here: www.pinelakeprep.org
What is the revenue of Pine Lake Preparatory?
Pine Lake Preparatory's revenue in 2022 was $21,899,854.
Official website here: www.pinelakeprep.org
Who are the executives of Pine Lake Preparatory and what are their salaries?
The average compensation at Pine Lake Preparatory during 2022 was $36,839. There are 288 employees and 400 volunteers at Pine Lake Preparatory.
Here are 12 key members and their salaries:
- Compensation: $148,825
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- Other: $0
- Compensation: $103,390
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- Other: $0
- Compensation: $96,830
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- Other: $0
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- Other: $0
Official website here: www.pinelakeprep.org
Where can I find the form 990 for Pine Lake Preparatory?
Pine Lake Preparatory's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pinelakeprep.org
Learn more at the official website: www.pinelakeprep.org
Mission Statement of Pine Lake Preparatory
Pine Lake Preparatory, a public charter school, is dedicated to carrying out the operation of an educational institution that caters to students in an engaging and effective learning environment. This mission drives the school to deliver quality education that prepares students for success in their future endeavors. The organization does not provide specific details on its methods or goals, but focusing on the charter school model, it aims to offer a unique and accessible educational experience to a diverse student body. By doing so, Pine Lake Preparatory sets the stage for its pupils to thrive academically and personally.
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Impact
October, 2024
Pine Lake Preparatory operates as a public charter school located in Mooresville, North Carolina, and its impact is significant within the local community. By offering a comprehensive education that emphasizes both academic excellence and character development, Pine Lake Preparatory fosters a nurturing environment for students to thrive. The school's innovative approach to education not only empowers students with knowledge and critical thinking skills but also promotes a strong sense of community engagement and leadership.
Students benefit from diverse curricular and extracurricular opportunities, preparing them for future challenges and fostering a lifelong love of learning. The focus on character education cultivates responsible citizens who contribute positively to society. Overall, Pine Lake Preparatory plays a vital role in shaping the educational landscape of the region, directly affecting students’ lives and the broader community through its commitment to quality education.
This information is meant to be a general summary of Pine Lake Preparatory. 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.
- Program Service Revenue: $20,103,398
- Gross Receipts: $21,899,854
Assets and Liabilities:
- Total Assets: $43,324,550
- Total Liabilities: $60,174,354
- Net Assets: -$16,849,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
State Funding
Revenue
$12,252,456
Local Education Agencies
Revenue
$5,027,444
Program Activities
Revenue
$1,211,015
Lunch Sales
Revenue
$255,790
Before/After School
Revenue
$268,541
Organization Details
Founding Year
2006
Phone
(704) 234-5310Principal Officer
Jason Yanni
Main Address
104 Yellow Wood Circle, Mooresville, NC, 281156100
Website
www.pinelakeprep.orgNTEE Category
Code: B29 - Education
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