Overview
What is Nazareth Prep?
Nazareth Prep is a pioneering, independent Catholic school located in Pittsburgh, Pennsylvania. It offers a comprehensive high school education to students of various faiths and economic backgrounds, preparing them for further studies in colleges or STEM-focused careers. The school's unique approach includes a four-year corporate internship program, which equips students with essential soft skills and aids in charting their career pathways. This may involve traditional college education, apprenticeships, direct employment, or a combination of post-secondary training. Nazareth Prep is a subsidiary of the Holy Family Institute, with the Holy Family Foundation providing its financial support. The institution's mission is to provide a well-rounded education that empowers students to succeed in their chosen career paths.
Official website here: www.hfi-pgh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Nazareth Prep has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The rating is derived solely from its performance in the Accountability & Finance category, where it scored an impressive 81%. This score reflects the organization's commitment to transparency and sound fiscal practices, showcasing an independent board with 93% of its members being independent and an adequate size of 14 members.
Key strengths noted in the evaluation include the charity's effective oversight mechanisms, such as having no material diversions of assets and comprehensive policies in place regarding conflicts of interest and whistleblowing. Additionally, the organization has shown a high program expense ratio of approximately 86%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.
Despite its strengths, the overall score indicates that there may still be areas for improvement to enhance its rating further. Nevertheless, Nazareth Prep demonstrates a strong foundation in financial accountability, which is crucial for building trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Nazareth Prep legitimate?
Nazareth Prep is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nazareth Prep 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: $446,515
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,401,279
For more financial information, click here
Official website here: www.hfi-pgh.org
What is the mission statement of Nazareth Prep?
Nazareth Prep, an innovative independent Catholic school, is committed to offering a high school education to students of various faiths and economic backgrounds. The school's mission is to prepare its students for college or stem-focused careers by combining a rigorous curriculum with a four-year corporate internship. This internship not only equips students with essential soft skills but also aids in charting their career pathway, whether it involves traditional college, an apprenticeship, direct employment, or a combination of post-secondary training. The school's instruction is guided by faith and purpose, fostering a holistic and well-rounded educational experience for its students.
Official website here: www.hfi-pgh.org
Who is the CEO of Nazareth Prep?
Sister Linda Yankoski is the Principal Officer of Nazareth Prep. The CEO's salary of Nazareth Prep is $0 and their total compensation is $227,700.
Official website here: www.hfi-pgh.org
What is the revenue of Nazareth Prep?
Nazareth Prep's revenue in 2022 was $2,275,152.
Official website here: www.hfi-pgh.org
Who are the executives of Nazareth Prep and what are their salaries?
There 20 volunteers at Nazareth Prep.
Here are 17 key members and their salaries (Nazareth Prep's CEO's salary is $0 and their total compensation is $227,700):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $227,700
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- Related: $74,086
- Other: $8,641
- Compensation: $0
- Related: $119,952
- Other: $16,137
Official website here: www.hfi-pgh.org
Where can I find the form 990 for Nazareth Prep?
Nazareth Prep's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hfi-pgh.org
Learn more at the official website: www.hfi-pgh.org
Mission Statement of Nazareth Prep
Nazareth Prep, an innovative independent Catholic high school, is dedicated to providing a high-school education to students of all faiths and economic backgrounds. Its mission is to prepare these students for college or STEM-focused careers through a rigorous curriculum. The school stands out with a unique four-year corporate internship program that equips students with essential soft skills and aids in charting their career pathways, whether it involves traditional college education, an apprenticeship, direct employment, or a combination of post-secondary training. Nazareth Prep's education approach is guided by faith and purpose-driven instruction, ensuring a comprehensive learning experience for its students. The school is a subsidiary of Holy Family Institute and is supported by the fundraising efforts of Holy Family Foundation.
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Impact
October, 2024
Nazareth Prep significantly impacts the educational landscape by providing a rigorous curriculum that prepares students for college and STEM-focused careers, regardless of their faith or economic background. The school’s innovative approach integrates a comprehensive four-year corporate internship program, equipping students with essential soft skills and real-world experience. This program not only enhances classroom learning but also helps students navigate their future career pathways, whether that leads to traditional college, apprenticeships, or direct entry into the workforce.
By fostering an environment rooted in faith and purpose-driven instruction, Nazareth Prep empowers students to realize their full potential, instilling a strong sense of purpose as they transition into adulthood. The commitment to inclusivity and professional readiness positions students to thrive in their future endeavors, contributing positively to the workforce and community in Pittsburgh and beyond.
This information is meant to be a general summary of Nazareth Prep. 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: -$8,144
- Program Service Revenue: $376,572
- Gross Receipts: $2,283,490
Assets and Liabilities:
- Total Assets: $828,233
- Total Liabilities: $2,863,912
- Net Assets: -$2,035,679
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$376,572
Organization Details
Founding Year
1997
Phone
(412) 766-4030Principal Officer
Sister Linda Yankoski
Main Address
8235 OHIO RIVER BOULEVARD, PITTSBURGH, PA, 15202
Website
www.hfi-pgh.orgNTEE Category
Code: J22 - Employment
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