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Karl G Maeser Preparatory Academy

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

EIN: 203373940 ✦ Lindon, UT ✦ Designated as a 501(c)(3)

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Overview

What is Karl G Maeser Preparatory Academy?

Karl G Maeser Preparatory Academy is a public charter school located at 320 West 600 South, Lindon, Utah 84042. As a nonprofit organization, its primary mission is to manage, operate, guide, direct, and promote a public charter school funded by both local and federal resources. This school serves students from seventh through twelfth grade. The academy's operations aim to provide quality education to its students, utilizing funding from various sources. The school employs a total of 78 individuals, contributing to its educational mission.


Official website here: www.maeserprep.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 77%, Three-Star out of Four Star rating.

Karl G Maeser Preparatory Academy has received a Three-Star rating, reflecting a solid Accountability & Finance score of 77%. The organization excels in various governance aspects, having a fully independent board of directors and robust audit and oversight measures. Their commitment to transparency is evident with comprehensive policies in place, including conflict of interest and whistleblower protections.

The Academy demonstrates effective financial management, with a strong program expense ratio of 81.95%, indicating that a significant portion of its funding is directed toward its educational programs. However, the organization faces challenges, particularly with a liabilities to assets ratio of 74.01%, which may raise concerns regarding financial sustainability over the long term.

Overall, Karl G Maeser Preparatory Academy showcases strong governance and a commitment to accountability, making it a reliable choice for stakeholders interested in supporting educational initiatives. However, potential donors should consider the financial ratios that may indicate areas for improvement.


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

Is Karl G Maeser Preparatory Academy legitimate?

Karl G Maeser Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karl G Maeser 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: $122,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,726,983

For more financial information, click here


Official website here: www.maeserprep.org

What is the mission statement of Karl G Maeser Preparatory Academy?

Karl G Maeser Preparatory Academy's mission is to manage, operate, guide, direct, and promote a public charter school. This school is funded by local, state, and federal sources. The academy's primary objective is to provide education for students in grades seven through twelve. Their mission encompasses providing the necessary resources and direction to ensure the school's successful operation.


Official website here: www.maeserprep.org

Who is the CEO of Karl G Maeser Preparatory Academy?

Cynthia Shumway is the Cao of Karl G Maeser Preparatory Academy.


Official website here: www.maeserprep.org

What is the revenue of Karl G Maeser Preparatory Academy?

Karl G Maeser Preparatory Academy's revenue in 2022 was $6,197,398.


Official website here: www.maeserprep.org

Who are the executives of Karl G Maeser Preparatory Academy and what are their salaries?

The average compensation at Karl G Maeser Preparatory Academy during 2022 was $36,529. There are 78 employees and 15 volunteers at Karl G Maeser Preparatory Academy.


Here are 8 key members and their salaries:


Robyn Ellis (Principal)
  • Compensation: $110,294
  • Related: $0
  • Other: $22,409
Steve Whitehouse (Cfo)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Paul Bingham (Asst Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Dodge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanna Larsen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Russell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Shumway (Cao)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Stancil (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.maeserprep.org

Where can I find the form 990 for Karl G Maeser Preparatory Academy?

Karl G Maeser Preparatory Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.maeserprep.org

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

Mission Statement of Karl G Maeser Preparatory Academy

Karl G Maeser Preparatory Academy is committed to managing, operating, guiding, directing, and promoting a public charter school. This school, funded by local, state, and federal sources, provides education for students in the seventh through twelfth grades. The mission of Karl G Maeser Preparatory Academy is to effectively oversee and manage all aspects of this public charter school, ensuring its smooth operation and success. The academy's goal is to create a nurturing and supportive learning environment where students can thrive and reach their full potential. The academy is dedicated to promoting academic excellence and fostering a love of learning in its students.

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Impact




October, 2024

Karl G Maeser Preparatory Academy significantly impacts the educational landscape in Lindon, Utah, by providing a comprehensive public charter school experience for students in grades seven through twelve. The academy is dedicated to fostering an environment that emphasizes academic excellence, character development, and a commitment to lifelong learning. Its focus on personalized education helps to meet the diverse needs of students, preparing them for future challenges and opportunities.

Through its specialized curriculum and dedicated faculty, the academy aims to empower students to excel academically while cultivating their critical thinking and problem-solving skills. The school’s environment encourages collaboration and innovation, equipping students with the necessary tools to thrive in a rapidly evolving world. By promoting a strong sense of community and engagement, Karl G Maeser Preparatory Academy not only enhances individual student achievement but also contributes positively to the local community, fostering a culture of educational advancement and support.




This information is meant to be a general summary of Karl G Maeser 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.

Revenue
$6,197,398 (2022)
Expenses
$5,301,238 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $37,838
  • Program Service Revenue: $345,015
  • Gross Receipts: $6,197,398

Assets and Liabilities:

  • Total Assets: $14,676,602
  • Total Liabilities: $11,731,104
  • Net Assets: $2,945,498

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Programs

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

STUDENT FEES AND ACTIVITIES

Revenue

$345,015

Organization Details

Founding Year

2006

Principal Officer

Cynthia Shumway

Main Address

320 WEST 600 SOUTH, LINDON, UT, 84042

NTEE Category

Code: B29 - Education

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