Overview
What is Democracy Prep Public Schools?
Democracy Prep Public Schools is a charter management organization based in New York City, with a workforce of 217 employees. They provide educational services, management operations, and fundraising activities for Democracy Prep New York Charter School, Freedom Prep Charter School, Democracy Prep Baton Rouge, Democracy Prep Agassi Campus, and Democracy Prep Texas. Their mission is to educate responsible citizen scholars, equipping them for success in college and a life of active citizenship. Through the management and operation of high-performing charter schools, Democracy Prep Public Schools aims to make a significant impact on students' lives and contribute to the development of responsible, engaged individuals.
Official website here: www.democracyprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Democracy Prep Public Schools has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from its performance on the Accountability & Finance beacon, where the organization excelled in areas such as having a fully independent board and a strong audit committee. The majority of the board consists of independent members, which enhances its governance structure.
The nonprofit demonstrates a commitment to transparency with documented policies for conflict of interest, whistleblowing, and document retention. Its financial management appears robust as evidenced by the high program expense ratio of nearly 87%, indicating that a significant portion of its funds directly supports its educational programs. This reflects a dedicated focus on fulfilling its mission.
However, there is a notable concern with the liabilities to assets ratio, where it scored 0 out of 15 points, highlighting potential financial risks that warrant attention. While the overall rating is positive, stakeholders may want to consider this aspect when evaluating the organization's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Democracy Prep Public Schools legitimate?
Democracy Prep Public Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Democracy Prep Public Schools 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: $1,380,962
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,542,453
For more financial information, click here
Official website here: www.democracyprep.org
What is the mission statement of Democracy Prep Public Schools?
Democracy Prep Public Schools is dedicated to educating responsible citizens who will succeed in college and actively engage in their communities. As a charter management organization, it provides educational services, management, and fundraising activities for several charter schools. These include Democracy Prep New York Charter Schools, Freedom Prep Charter School, Democracy Prep Baton Rouge, Democracy Prep Agassi Campus, and Democracy Prep Texas. The organization's mission goes beyond academics, focusing on developing citizens who will make a positive impact on society.
Official website here: www.democracyprep.org
Who is the CEO of Democracy Prep Public Schools?
Natasha Trivers is the Ceo of Democracy Prep Public Schools. The CEO's salary of Democracy Prep Public Schools is $416,882 and their total compensation is $438,187.
Official website here: www.democracyprep.org
What is the revenue of Democracy Prep Public Schools?
Democracy Prep Public Schools's revenue in 2022 was $21,062,135.
Official website here: www.democracyprep.org
Who are the executives of Democracy Prep Public Schools and what are their salaries?
The average compensation at Democracy Prep Public Schools during 2022 was $45,730. There are 217 employees and 8 volunteers at Democracy Prep Public Schools.
Here are 18 key members and their salaries (Democracy Prep Public Schools's CEO's salary is $416,882 and their total compensation is $438,187):
- Compensation: $416,882
- Related: $0
- Other: $21,305
- Compensation: $257,508
- Related: $0
- Other: $19,500
- Compensation: $252,034
- Related: $0
- Other: $9,985
- Compensation: $237,625
- Related: $0
- Other: $17,199
- Compensation: $186,948
- Related: $0
- Other: $40,000
- Compensation: $151,305
- Related: $0
- Other: $40,518
- Compensation: $169,890
- Related: $0
- Other: $16,989
- Compensation: $145,537
- Related: $0
- Other: $22,523
- Compensation: $152,402
- Related: $0
- Other: $10,000
- Compensation: $117,440
- Related: $0
- Other: $10,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.democracyprep.org
Where can I find the form 990 for Democracy Prep Public Schools?
Democracy Prep Public Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.democracyprep.org
Learn more at the official website: www.democracyprep.org
Mission Statement of Democracy Prep Public Schools
Democracy Prep Public Schools, a renowned charter management organization, is dedicated to running high-performing schools that nurture responsible citizen scholars. The ultimate goal is to equip students with the knowledge and skills necessary for success in their chosen college and an active role in society. Democracy Prep manages and operates several charter schools, including Democracy Prep New York Charter Schools, Freedom Prep Charter School, Democracy Prep Baton Rouge, Democracy Prep Agassi Campus, and Democracy Prep Texas. By providing educational services, management operations, and fundraising activities for these institutions, Democracy Prep ensures that students receive a top-tier education. Through its commitment to academic excellence and civic engagement, the organization sets its scholars on a path toward becoming informed, responsible citizens.
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Impact
October, 2024
Democracy Prep Public Schools has a significant impact on the educational landscape by operating high-performing charter schools that focus on cultivating responsible citizen scholars. With a mission to prepare students for success in college and active citizenship, the organization emphasizes a rigorous academic curriculum complemented by a commitment to community and civic engagement.
Through its various campuses, including those in New York and Louisiana, Democracy Prep fosters an environment where students are encouraged to excel academically while also developing a strong sense of social responsibility. This dual focus not only enhances students' academic outcomes but also equips them with the skills and values necessary to contribute positively to society.
The organization’s dedication to educational excellence and civic involvement plays a crucial role in shaping informed, engaged citizens. By providing comprehensive educational services, effective management operations, and fundraising support for its various schools, Democracy Prep ensures that resources are effectively utilized to promote student success and foster a culture of activism and leadership among its scholars.
This information is meant to be a general summary of Democracy Prep Public Schools. 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: $5
- Program Service Revenue: $17,618,124
- Gross Receipts: $21,062,135
Assets and Liabilities:
- Total Assets: $19,557,441
- Total Liabilities: $14,311,687
- Net Assets: $5,245,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT/CONSULTING FEES
Revenue
$14,630,990
RENTAL TO CHARTER SCHOOLS
Revenue
$2,987,134
Organization Details
Founding Year
2005
Phone
(646) 829-9659Principal Officer
Natasha Trivers
Main Address
1767 PARK AVENUE 5TH FLOOR, NEW YORK, NY, 10035
Website
www.democracyprep.orgNTEE Category
Code: A12 - Arts
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