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Rutgers Preparatory School

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

EIN: 221607926 ✦ Somerset, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Rutgers Preparatory School?

Rutgers Preparatory School is an independent day school located at 1345 Easton Avenue in Somerset, New Jersey. With approximately 696 students enrolled across pre-kindergarten through twelfth grade, the school serves the Somerset County community and its adjacent areas. As a co-educational institution, Rutgers Preparatory School is dedicated to providing quality education and instruction that fosters intellectual curiosity and creativity in its students. Through excellence in education, the school inspires students to discover their passions and lead with confidence. The school employs a total of 253 individuals to facilitate its mission.


Official website here: www.rutgersprep.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating on Charity Navigator)

Rutgers Preparatory School has earned a commendable Four-Star rating based on a high accountability and finance score of 92%. This rating indicates the organization operates with transparency and strong oversight mechanisms, which are critical for building trust with stakeholders and supporters.

The nonprofit showcases several organizational strengths, including a fully independent board of directors, effective financial oversight, and no material diversions of assets. Additionally, the school maintains a high program expense ratio, ensuring that a significant portion of its resources is directed towards its educational mission.

While the data reflects strong governance and financial health, the summary does not provide insights into programmatic impact or community feedback. Understanding the broader effects of its educational initiatives could further enhance its appeal to potential donors.


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

What do the Facebook reviews say about Rutgers Preparatory School?

94% of 51 reviewers on Facebook recommend Rutgers Preparatory School. Here is a summary of their reviews: Many parents and students highlight the beautiful campus and the positive atmosphere that the school provides. The supportive nature of the administration and the community is frequently praised, indicating a strong collaborative environment.

Reviewers frequently comment on the bright and engaged student body, suggesting that the school attracts motivated individuals who thrive academically and socially. Parents appreciate the dedication and responsiveness of the faculty, which contributes to a nurturing educational experience.

Overall, it seems that Rutgers Preparatory School effectively delivers on its promise of quality education and community support, making it a favored choice among families in the area.


This AI summary has been generated from reviews found on Facebook.

Is Rutgers Preparatory School legitimate?

Rutgers Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rutgers 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: $898,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,514,426

For more financial information, click here


Official website here: www.rutgersprep.org

What is the mission statement of Rutgers Preparatory School?

At Rutgers Preparatory School, education takes center stage, inspiring students from pre-kindergarten to twelfth grade to explore their passions and embrace intellectual curiosity and creativity. The institution strives for excellence in education, enabling students to lead with confidence. Through rigorous learning, the school nurtures the minds of approximately 696 students, serving communities beyond Somerset County. By fostering a supportive environment, Rutgers Preparatory School empowers its students to explore diverse academic opportunities and develop important skills, preparing them for future success.


Official website here: www.rutgersprep.org

Who is the CEO of Rutgers Preparatory School?

Steven Loy is the Principal Officer of Rutgers Preparatory School.


Official website here: www.rutgersprep.org

What is the revenue of Rutgers Preparatory School?

Rutgers Preparatory School's revenue in 2022 was $30,642,354.


Official website here: www.rutgersprep.org

Who are the executives of Rutgers Preparatory School and what are their salaries?

The average compensation at Rutgers Preparatory School during 2022 was $53,014. There are 253 employees and 18 volunteers at Rutgers Preparatory School.


Here are 25 key members and their salaries:


Kate Andersen-Sheft (Secretary, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Aymes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark A Bean (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Della Hammer Cherchia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew K Golden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Husby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Marshall (Trustee (Started 7/1/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Ziebarth (Trustee (Started 7/1/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Ramallo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest Renda (President, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georges Richa (Vice President, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Shaw-Lorello (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Sherman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Tamburro (Treasurer, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Toomey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Yorlano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Zhao (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven A Loy (Head Of School)
  • Compensation: $478,706
  • Related: $0
  • Other: $70,168
Robert Apgar (Chief Operating Officer)
  • Compensation: $215,184
  • Related: $0
  • Other: $10,214
Peter Richardson (Dir. Of Campus Operations)
  • Compensation: $189,088
  • Related: $0
  • Other: $44,955
Kevin Merges (Dir. Of Innovation Center)
  • Compensation: $174,510
  • Related: $0
  • Other: $53,782
Patria Leroy (Dir. Of Enrollment & Financial Aid)
  • Compensation: $151,012
  • Related: $0
  • Other: $57,271
Todd Rutman (Director Of Finance)
  • Compensation: $168,230
  • Related: $0
  • Other: $40,502
Joe Chodl (Upper School Principal)
  • Compensation: $147,468
  • Related: $0
  • Other: $42,955


Official website here: www.rutgersprep.org

Where can I find the form 990 for Rutgers Preparatory School?

Rutgers Preparatory School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rutgersprep.org

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

Mission Statement of Rutgers Preparatory School

Rutgers Preparatory School, a co-educational independent day school, is dedicated to inspiring students from pre-kindergarten through twelfth grade to explore their passions, embrace intellectual curiosity, and lead with confidence. Through high-quality education and instruction, this esteemed institution nurtures approximately 696 students, serving Somerset County and adjacent communities.

At Rutgers Preparatory School, the focus is on more than just academic achievement. The mission goes beyond textbooks and classrooms, as the school strives to create an environment where students can discover their unique talents and interests. By inspiring intellectual curiosity and creativity, Rutgers Preparatory School empowers its students to pursue their passions with confidence and dedication, setting them up for success in their future endeavors.

In practice, Rutgers Preparatory School provides education and instruction that caters to the individual needs of each student. This rigorous and comprehensive approach to learning ensures that students are well-equipped to face the challenges of the modern world, both academically and personally. Through its commitment to excellence, Rutgers Preparatory School has become a beacon of educational achievement and a source of pride for its students and their families.

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Impact




October, 2024

Rutgers Preparatory School profoundly impacts its community by providing a rigorous educational environment for approximately 696 students from pre-kindergarten through 12th grade. Located in Somerset, NJ, the school emphasizes excellence in education, inspiring students to discover their passions and fostering a culture of intellectual curiosity and creativity. Through a co-educational curriculum, students are encouraged to embrace leadership and develop confidence, equipping them with the skills and mindset necessary for future success. The school's commitment to individualized instruction and a supportive learning environment serves Somerset County and adjacent communities, enhancing not just the academic landscape but also contributing to the personal growth of its students.




This information is meant to be a general summary of Rutgers 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.

Revenue
$30,642,354 (2022)
Expenses
$27,921,939 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,244,577
  • Program Service Revenue: $27,985,378
  • Gross Receipts: $30,822,250

Assets and Liabilities:

  • Total Assets: $57,499,480
  • Total Liabilities: $7,830,936
  • Net Assets: $49,668,544

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Programs

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

STUDENT TUITION

Revenue

$26,898,827

STUDENT FEES

Revenue

$616,680

OTHER PROGRAMS

Revenue

$469,871

Organization Details

Founding Year

1766

Principal Officer

Steven Loy

Main Address

1345 EASTON AVENUE, SOMERSET, NJ, 088731499

NTEE Category

Code: B200 - Education

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