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Bay Ridge Preparatory School

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

EIN: 113444169 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bay Ridge Preparatory School?

Bay Ridge Preparatory School is a private, independent, co-educational day school located in Brooklyn, New York, with a ZIP code of 11209. It accommodates 358 students and offers a comprehensive curriculum, encompassing academic, athletic, arts, and extra-curricular activities for kindergarten through 12th grade. The mission of the school emphasizes teaching essential emotional and social skills while allowing students the autonomy to explore their interests through innovation, creativity, and practical application. The school employs a team of 130 individuals.


Official website here: www.bayridgeprep.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

Bay Ridge Preparatory School has earned an overall rating of 88% from Charity Navigator, indicating a solid performance in accountability and finance. This rating reflects the organization’s adherence to best practices in governance, with a fully independent board and comprehensive financial oversight, which contributes positively to its operational integrity.

The nonprofit demonstrates strong financial responsibility, evident in its high program expense ratio of 86.59%, suggesting that a significant portion of its funds are directed towards its educational programs. Additionally, the organization has implemented various policies, including conflict of interest and whistleblower policies, which further enhance its accountability framework.

However, the school has room for improvement, particularly in its liabilities to assets ratio, which stands at 60.60%. While this is not an immediate concern, it does indicate that a considerable portion of its assets is tied up in liabilities, which stakeholders may want to monitor. Overall, Bay Ridge Preparatory School showcases a commitment to transparency and efficient use of resources.


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

What do the Facebook reviews say about Bay Ridge Preparatory School?

92% of 15 reviewers on Facebook recommend Bay Ridge Preparatory School. Here's a summary of their thoughts:

Many former students reflect positively on their experiences at the school, highlighting memorable moments and the supportive environment. Some comments indicate a strong sense of nostalgia, reminiscing about their time there and expressing a desire to understand the changes that have taken place over the years.

Overall, the sentiment conveys a favorable impression of the institution, with individuals appreciating the education and personal development they received while attending Bay Ridge Preparatory School.


This AI summary has been generated from reviews found on Facebook.

Is Bay Ridge Preparatory School legitimate?

Bay Ridge Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Ridge Preparatory 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: $316,356
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,181,252

For more financial information, click here


Official website here: www.bayridgeprep.org

What is the mission statement of Bay Ridge Preparatory School?

Bay Ridge Prep is a private, independent, co-educational day school catering to students from kindergarten through twelfth grade. The school's mission lies in fostering emotional and social intelligence alongside academic excellence, granting students the freedom and responsibility to explore their interests through innovation, creativity, and practical application. With a comprehensive offering of academic, athletic, arts, and extra-curricular programs, Bay Ridge Prep nurtures its 358 students' growth in various domains.


Official website here: www.bayridgeprep.org

Who is the CEO of Bay Ridge Preparatory School?

Charles Fasano is the Trustee of Bay Ridge Preparatory School.


Official website here: www.bayridgeprep.org

What is the revenue of Bay Ridge Preparatory School?

Bay Ridge Preparatory School's revenue in 2022 was $16,857,246.


Official website here: www.bayridgeprep.org

Who are the executives of Bay Ridge Preparatory School and what are their salaries?

The average compensation at Bay Ridge Preparatory School during 2022 was $65,366. There are 130 employees at Bay Ridge Preparatory School.


Here are 15 key members and their salaries:


Ralph Fasano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Galette (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Theurer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Townley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Calacanis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Solecki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amar Kuchinad (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Dealy (Head Of School)
  • Compensation: $526,019
  • Related: $0
  • Other: $19,229
Charles Fasano (Head Of School)
  • Compensation: $327,176
  • Related: $0
  • Other: $75,512
Sabina Clifford (Business Manager)
  • Compensation: $177,711
  • Related: $0
  • Other: $34,817
John Kugler (Bridge Program Dir.)
  • Compensation: $178,897
  • Related: $0
  • Other: $12,487
Chris Nuesell (Director Of Guidance)
  • Compensation: $152,682
  • Related: $0
  • Other: $60,768
Julie Mayring (Director Of The Middle Sch)
  • Compensation: $156,902
  • Related: $0
  • Other: $22,153
Katherine George (Lower School Director)
  • Compensation: $141,083
  • Related: $0
  • Other: $43,492


Official website here: www.bayridgeprep.org

Where can I find the form 990 for Bay Ridge Preparatory School?

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


Official website here: www.bayridgeprep.org

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

Mission Statement of Bay Ridge Preparatory School

Bay Ridge Preparatory School, a K-12 independent private institution, is dedicated to fostering emotional and social intelligence in its students while providing them with the freedom and responsibility to explore their interests. The mission of this co-ed day school is to teach skills that go beyond academics, enabling students to innovate, create, and apply practical solutions to real-world problems.

At Bay Ridge Prep, education is not just about textbooks and classrooms. It's about developing well-rounded individuals who can navigate the complexities of the world around them. The school offers a comprehensive range of academic, athletic, arts, and extra-curricular activities to cater to the diverse interests of its 358 students. By encouraging creativity and practical application, the school aims to instill in its students a lifelong love for learning and a strong foundation for success in their future endeavors.

Bay Ridge Preparatory School's unique approach to education goes beyond the classroom. It's about creating an environment where students feel encouraged to explore their passions, take risks, and learn from their mistakes. The school provides its students with the tools they need to build a strong foundation for personal growth, both academically and socially. Through its innovative programs and dedicated faculty, Bay Ridge Prep is not just shaping the next generation of students, but also the leaders, innovators, and problem-solvers of tomorrow.

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Impact




October, 2024

Bay Ridge Preparatory School has a profound impact on its students and the broader community in Brooklyn, NY. By offering a comprehensive K-12 education to 358 students, the school fosters an environment that prioritizes not only academic excellence but also the development of emotional and social intelligence. This balanced approach equips students with essential life skills and encourages them to embrace their passions through innovative and creative pursuits.

The school's diverse array of programs—including academics, athletics, arts, and extracurricular activities—provides students with numerous opportunities to explore their interests and develop well-rounded identities. By cultivating a culture of responsibility and independence, Bay Ridge Prep empowers students to take ownership of their educational journeys, promoting self-confidence and leadership skills.

Overall, the school contributes significantly to the personal growth of its students, preparing them to be thoughtful, engaged citizens who can adapt to an ever-changing world.




This information is meant to be a general summary of Bay Ridge Preparatory 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
$16,857,246 (2022)
Expenses
$16,142,056 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,121
  • Program Service Revenue: $15,291,597
  • Gross Receipts: $16,857,246

Assets and Liabilities:

  • Total Assets: $30,867,189
  • Total Liabilities: $17,929,110
  • Net Assets: $12,938,079

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Programs

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

STUDENT TUITION FEES

Revenue

$15,291,597

Organization Details

Founding Year

1998

Principal Officer

Charles Fasano

Main Address

8101 RIDGE BLVD, BROOKLYN, NY, 11209

NTEE Category

Code: B20 - Education

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