Overview
What is Elm City College Preparatory Inc C/O Achievement First Inc?
Elm City College Preparatory Inc, a subsidiary of Achievement First Inc, is a nonprofit educational corporation situated in New Haven, Connecticut. With a workforce of 173 individuals, its primary mission is to enhance the academic and character skills of students from kindergarten to twelfth grade, preparing them for entry into top-tier universities and setting them on a path to success in a competitive world. This organization aims to foster the next generation of leaders in their communities. The nonprofit provides academic programs that aim to develop well-rounded individuals who will make significant contributions to society.
Official website here: www.achievementfirst.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Elm City College Preparatory Inc, affiliated with Achievement First Inc, has achieved a commendable rating of 96%, reflecting a high level of accountability and financial health. The organization has demonstrated strong governance practices, with 88% of its board members being independent, which is vital for maintaining objectivity and integrity in decision-making.
Financially, the nonprofit shows a solid program expense ratio of 85.20%, indicating that a significant portion of its budget is dedicated directly to its programs and services. Additionally, the organization has implemented various policies, such as whistleblower and conflict of interest policies, which enhance transparency and protection for stakeholders.
While the organization appears to operate without any material diversion of assets and maintains a healthy liabilities to assets ratio of 12.26%, continuous monitoring and evaluation of its operational effectiveness will be important to sustain its high standards and community trust. Overall, Elm City College Preparatory Inc stands out as a responsible and impactful organization in its field.
This AI summary has been generated from information found on Charity Navigator.
Is Elm City College Preparatory Inc C/O Achievement First Inc legitimate?
Elm City College Preparatory Inc C/O Achievement First Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elm City College Preparatory Inc C/O Achievement First Inc 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: $129,853
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,455,043
For more financial information, click here
Official website here: www.achievementfirst.org
What is the mission statement of Elm City College Preparatory Inc C/O Achievement First Inc?
Elm City College Preparatory Inc., under the umbrella of Achievement First Inc., is an educational corporation with a mission to enhance the academic and character skills of its students. The primary objective is to prepare them to excel in top-tier colleges, achieve success in a competitive world, and emerge as future leaders in their communities. The corporation's activities focus on providing academic programs for students from kindergarten up to twelfth grade.
Official website here: www.achievementfirst.org
Who is the CEO of Elm City College Preparatory Inc C/O Achievement First Inc?
Laura Saverin is the Director of Elm City College Preparatory Inc C/O Achievement First Inc.
Official website here: www.achievementfirst.org
What is the revenue of Elm City College Preparatory Inc C/O Achievement First Inc?
Elm City College Preparatory Inc C/O Achievement First Inc's revenue in 2022 was $11,376,710.
Official website here: www.achievementfirst.org
Who are the executives of Elm City College Preparatory Inc C/O Achievement First Inc and what are their salaries?
The average compensation at Elm City College Preparatory Inc C/O Achievement First Inc during 2022 was $43,843. There are 173 employees and 9 volunteers at Elm City College Preparatory Inc C/O Achievement First Inc.
Here are 15 key members and their salaries:
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- Compensation: $40,445
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- Other: $4,674
- Compensation: $104,801
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- Other: $15,249
- Compensation: $168,383
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- Other: $22,898
- Compensation: $155,241
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- Other: $9,032
- Compensation: $129,714
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- Other: $27,420
Official website here: www.achievementfirst.org
Where can I find the form 990 for Elm City College Preparatory Inc C/O Achievement First Inc?
Elm City College Preparatory Inc C/O Achievement First Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.achievementfirst.org
Learn more at the official website: www.achievementfirst.org
Mission Statement of Elm City College Preparatory Inc C/O Achievement First Inc
Elm City College Preparatory Inc, a subsidiary of Achievement First Inc, is an educational corporation with a mission to empower its students. The organization aims to strengthen the academic and character skills of students from kindergarten to twelfth grade, enabling them to excel in top-tier colleges and achieve success in a competitive world. By doing so, Elm City College Preparatory Inc aspires to foster the next generation of leaders within their communities. The corporation's goal is to equip students with the necessary skills to thrive in higher education and beyond, ultimately making significant contributions to their communities.
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Impact
October, 2024
Elm City College Preparatory Inc. empowers students from kindergarten through 12th grade by focusing on both academic excellence and character development. This institution is committed to equipping students with the necessary skills to thrive in top-tier colleges and succeed in a competitive landscape. By fostering a strong academic foundation, Elm City College Preparatory cultivates the next generation of leaders who are poised to positively impact their communities. The programs offered are designed not only to enhance academic performance but also to instill values that prepare students for real-world challenges and leadership roles. Through its dedicated approach to education, Elm City College Preparatory plays a crucial role in shaping capable, confident, and community-oriented individuals.
This information is meant to be a general summary of Elm City College Preparatory Inc C/O Achievement First Inc. 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: -$1,611,379
- Program Service Revenue: $10,337,296
- Gross Receipts: $15,315,941
Assets and Liabilities:
- Total Assets: $29,255,777
- Total Liabilities: $3,254,285
- Net Assets: $26,001,492
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE AND LOCAL PER PUPIL OPER RE
Revenue
$8,896,950
FEES FROM GOV'T TO PERFORM SERVIC
Revenue
$1,440,346
Organization Details
Founding Year
2004
Phone
(203) 773-3223Principal Officer
Laura Saverin
Main Address
370 JAMES STREET 404, NEW HAVEN, CT, 06513
Website
www.achievementfirst.orgNTEE Category
Code: B29 - Education
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