Overview
What is Explorations Preparatory School?
Explorations Preparatory School is a privately operated educational institution located in Lewisville, Texas. Accredited by SACS-CASI, the school caters to students from pre-K to sixth grade, employing an innovative and rigorous theme-based science and math curriculum to foster intellectual growth. The school boasts impressive academic achievements, with its students consistently scoring in the top 1.7% nationwide on ITBS tests. Furthermore, after-school care is available to support students when necessary. The school employs a dedicated team of 18 individuals, ensuring a nurturing learning environment for its approximately 70 students.
Official website here: www.explorationsprep.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 58%, One-Star out of Four Star rating.
Explorations Preparatory School has received a 58% rating from Charity Navigator, indicating significant areas for improvement in its accountability and financial practices. The lack of independent board members and essential financial documentation has raised concerns about governance and transparency. While the organization has a good program expense ratio, indicating that it dedicates all its expenses towards programs, the absence of independent oversight is notable.
The organization does have some strengths, such as a conflict of interest policy in place and documented board meeting minutes. However, critical policies such as a whistleblower policy and document retention and destruction protocols are missing, which could pose risks to accountability. Additionally, the absence of financial statements publicly available on its website further limits transparency for potential donors and stakeholders.
Overall, while Explorations Preparatory School demonstrates a commitment to its programs, the substantial gaps in governance and financial reporting highlight the need for stronger oversight and improved transparency practices. Addressing these issues will be crucial for enhancing trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Explorations Preparatory School legitimate?
Explorations Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Explorations 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: $63,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $509,121
For more financial information, click here
Official website here: www.explorationsprep.org
What is the mission statement of Explorations Preparatory School?
Explorations Preparatory School, a privately owned institution, is committed to providing an innovative and challenging education to students from pre-K to 6th grade. Utilizing a theme-based science and math curriculum, the school aims to engage students in a stimulating learning environment. The school's mission is to foster academic growth, with students scoring in the top 1.7% nationwide on ITBS tests. Additionally, after-school care is available to support working parents. The school's educational approach is designed to prepare students for future academic challenges while providing a solid foundation in essential subjects.
Official website here: www.explorationsprep.org
Who is the CEO of Explorations Preparatory School?
Unavailable
Official website here: www.explorationsprep.org
What is the revenue of Explorations Preparatory School?
Explorations Preparatory School's revenue in 2022 was $892,564.
Official website here: www.explorationsprep.org
Who are the executives of Explorations Preparatory School and what are their salaries?
The average compensation at Explorations Preparatory School during 2022 was $31,784. There are 18 employees and 40 volunteers at Explorations Preparatory School.
Here are 9 key members and their salaries:
- Compensation: $63,000
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Official website here: www.explorationsprep.org
Where can I find the form 990 for Explorations Preparatory School?
Explorations Preparatory School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.explorationsprep.org
Learn more at the official website: www.explorationsprep.org
Mission Statement of Explorations Preparatory School
Explorations Preparatory School, a SACS-CASI accredited private institution, is committed to providing an innovative and challenging education for students from pre-K to 6th grade. They achieve this through a theme-based science and math-centered curriculum, which sets their students apart. This unique approach to learning has proven to be effective, as students from this school consistently score in the top 1.7% nationwide on ITBS tests. Additionally, the school offers after-school care for students who require it.
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Impact
October, 2024
Explorations Preparatory School significantly enriches the educational landscape in Lewisville, TX, by providing a robust and innovative curriculum for students from Pre-K through 6th grade. With a focus on theme-based science and math, the school fosters critical thinking and problem-solving skills in young learners.
The impact is measurable; approximately 70 children benefited from its programs during the school year, with students achieving remarkable results—scoring in the top 1.7% nationwide on ITBS tests. This high level of academic achievement reflects the school's commitment to excellence and its effective teaching strategies.
Additionally, the school offers after-school care, ensuring a supportive environment for students beyond regular hours, which is crucial for families in the community. The overall experience at Explorations Preparatory School not only equips students with foundational knowledge but also promotes a lifelong love of learning, thereby shaping well-rounded individuals ready to succeed in an increasingly complex world.
This information is meant to be a general summary of Explorations 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20
- Program Service Revenue: $864,327
- Gross Receipts: $892,564
Assets and Liabilities:
- Total Assets: $969,067
- Total Liabilities: $158,255
- Net Assets: $810,812
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$864,327
Organization Details
Founding Year
2002
Phone
(972) 539-0601Main Address
2160 S EDMONDS LN BLDG 2, LEWISVILLE, TX, 75067
Website
www.explorationsprep.orgNTEE Category
Code: B24 - Education
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