Overview
What is Community Preparatory School?
Community Preparatory School is a nonprofit institution situated in Providence, Rhode Island, primarily catering to students in grades 4 through 8. The school stands out for its commitment to individual attention and active parental involvement. Beyond being a private educational establishment, Community Preparatory School offers additional programs during afterschool hours and summer breaks, aimed at furthering their students' academic growth.
Official website here: www.communityprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Community Preparatory School has received a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is derived from exceptional performance in its Accountability & Finance category, demonstrating robust governance practices and financial integrity.
The organization boasts a fully independent board and a well-structured oversight committee, indicating strong leadership and compliance with best practices. With no material diversions of assets reported, the charity has effectively maintained its financial resources. Furthermore, its transparency is reflected in the availability of important policies and the listing of its website on tax forms.
While the financial ratios showcase strong program spending and fundraising efficiency, there's always room for improvement in program expense ratios. The school maintains a solid working capital ratio of over 16 years, which suggests that it is well-positioned to sustain its operations without immediate financial concerns. Overall, Community Preparatory School appears to be a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Community Preparatory School legitimate?
Community Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community 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: $0
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Other Salaries and Wages: $1,861,213
For more financial information, click here
Official website here: www.communityprep.org
What is the mission statement of Community Preparatory School?
Community Preparatory School focuses on educating Rhode Island students in grades 4 to 8. The school prioritizes individual attention and encourages parental involvement. Beyond its primary role as a private institution, Community Preparatory School also provides afterschool programs and summer preparatory classes. The school's mission is not explicitly stated, but its emphasis on personalized education and active parental involvement suggests a commitment to nurturing each student's unique potential.
Official website here: www.communityprep.org
Who is the CEO of Community Preparatory School?
Daniel Corley is the Treasurer of Community Preparatory School.
Official website here: www.communityprep.org
What is the revenue of Community Preparatory School?
Community Preparatory School's revenue in 2023 was $11,280,819.
Official website here: www.communityprep.org
Who are the executives of Community Preparatory School and what are their salaries?
The average compensation at Community Preparatory School during 2023 was $53,178. There are 35 employees and 41 volunteers at Community Preparatory School.
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Official website here: www.communityprep.org
Where can I find the form 990 for Community Preparatory School?
Community Preparatory School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.communityprep.org
Learn more at the official website: www.communityprep.org
Mission Statement of Community Preparatory School
Community Preparatory School, a private institution, is dedicated to serving youth in Rhode Island, specifically those in grades 4 to 8. The school's mission is centered around providing individual attention and fostering a strong parental involvement. Beyond its role as a private educational institution, Community Preparatory School also offers afterschool and summer preparation programs, catering to the holistic development of its students.
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Impact
October, 2024
Community Preparatory School profoundly impacts Rhode Island youth in grades 4 to 8 by fostering an environment that prioritizes individual attention and parental involvement. Located in Providence, the school provides a tailored educational experience that addresses the unique needs of each student, promoting academic growth and personal development.
Through its afterschool and summer prep programs, Community Preparatory extends learning opportunities beyond the traditional classroom setting, ensuring students remain engaged and supported year-round. This holistic approach not only enhances students' academic skills but also strengthens their sense of community and belonging. By empowering parents to be actively involved in their children's education, the school cultivates a collaborative environment that reinforces learning at home and in school.
Overall, Community Preparatory School significantly contributes to the educational landscape in Rhode Island, equipping students with the skills and confidence they need to succeed academically and personally.
This information is meant to be a general summary of Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,629,044
- Program Service Revenue: $554,416
- Gross Receipts: $11,280,819
Assets and Liabilities:
- Total Assets: $55,507,662
- Total Liabilities: $4,209,167
- Net Assets: $51,298,495
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION/AFTERSCHOOL
Revenue
$537,773
PROGRAM INCOME
Revenue
$16,643
Organization Details
Founding Year
1983
Phone
(401) 521-9696Principal Officer
Daniel Corley
Main Address
135 PRAIRIE AVENUE, Providence, RI, 02905
Website
www.communityprep.orgNTEE Category
Code: B240 - Education
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