Overview
What is Genesis Preparatory Academy?
Genesis Preparatory Academy is a nonprofit organization located in Post Falls, Idaho. With a team of 79 dedicated individuals, they offer comprehensive elementary and secondary education to students, encompassing both curricular and extracurricular activities. Their primary mission is to provide primary and secondary education to students in grades K-12 within a dual-accredited program, ensuring a well-rounded learning experience. The academy's commitment extends beyond academics, offering a supportive environment that caters to the holistic development of its students.
Official website here: www.genesisprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
Genesis Preparatory Academy has received a Two-Star rating from Charity Navigator, with an overall score of 69%. This score reflects a moderate level of accountability and financial health for the organization. The charity demonstrates strong governance practices, evidenced by its majority independent board members and comprehensive documentation of board meeting minutes.
Among its strengths, the academy has a high program expense ratio at 81.62%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, there are no concerns regarding material diversions of assets, showcasing sound financial management. The organization also maintains a favorable liabilities-to-assets ratio of 7.30%, which suggests a solid financial position.
However, the overall rating of 69% suggests that there are areas for improvement in the organization's financial practices or transparency. While it excels in governance and program allocation, potential donors may want to explore specific aspects of its financial health further to make informed decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Genesis Preparatory Academy legitimate?
Genesis Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Preparatory 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,615,619
For more financial information, click here
Official website here: www.genesisprep.org
What is the mission statement of Genesis Preparatory Academy?
Genesis Preparatory Academy is committed to providing primary and secondary education to students in grades K-12 within a dual-accredited program. Their mission is centered around delivering quality education, extending beyond the classroom with related extracurricular activities. The academy aims to equip students with the necessary knowledge and skills to succeed in their academic journey.
Official website here: www.genesisprep.org
Who is the CEO of Genesis Preparatory Academy?
Jeremy Voeller is the Trustee of Genesis Preparatory Academy.
Official website here: www.genesisprep.org
What is the revenue of Genesis Preparatory Academy?
Genesis Preparatory Academy's revenue in 2022 was $3,547,573.
Official website here: www.genesisprep.org
Who are the executives of Genesis Preparatory Academy and what are their salaries?
The average compensation at Genesis Preparatory Academy during 2022 was $20,451. There are 79 employees at Genesis Preparatory Academy.
Here are 6 key members and their salaries:
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Official website here: www.genesisprep.org
Where can I find the form 990 for Genesis Preparatory Academy?
Genesis Preparatory Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.genesisprep.org
Learn more at the official website: www.genesisprep.org
Mission Statement of Genesis Preparatory Academy
Genesis Preparatory Academy, as a nonprofit organization, is dedicated to providing primary and secondary education to students in grades K-12. This mission is carried out through a dual-accredited program, which ensures a comprehensive and high-quality educational experience for its students. The academy goes beyond the classroom, offering related extracurricular activities to enhance the learning experience of its students. In essence, Genesis Preparatory Academy is committed to equipping its students with a solid educational foundation, preparing them for their future endeavors.
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Impact
October, 2024
Genesis Preparatory Academy significantly impacts its community by offering a dual accredited primary and secondary education program for students in grades K-12. This school focuses on delivering a robust educational curriculum that encompasses not only core academic subjects but also related extracurricular activities, enriching the overall learning experience.
Located in Post Falls, Idaho, Genesis Preparatory Academy fosters a supportive and engaging environment that encourages student growth and development. The emphasis on dual accreditation ensures that students receive a high-quality education that meets rigorous standards, preparing them for future academic and career success. Through a well-rounded approach to education, the academy helps cultivate critical thinking, creativity, and teamwork skills in its students, ultimately contributing to their personal and academic achievements.
This information is meant to be a general summary of Genesis Preparatory 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: $2,453
- Program Service Revenue: $2,694,385
- Gross Receipts: $3,676,723
Assets and Liabilities:
- Total Assets: $2,842,295
- Total Liabilities: $1,352,488
- Net Assets: $1,489,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$2,694,385
Organization Details
Founding Year
2006
Phone
(208) 691-0712Principal Officer
Jeremy Voeller
Main Address
PO BOX 1237, POST FALLS, ID, 83877
Website
www.genesisprep.orgNTEE Category
Code: B240 - Education
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