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First Philadelphia Preparatory Charter School

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

EIN: 233062230 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is First Philadelphia Preparatory Charter School?

First Philadelphia Preparatory Charter School is a charter institution located in Philadelphia, Pennsylvania. With a team of 215 employees, the school offers education to students from kindergarten through twelfth grade. The mission of this nonprofit organization is dedicated to delivering a high-quality public education in Philadelphia. The school's primary focus is on providing an excellent learning environment for its students, ensuring their academic growth and success.


Official website here: www.ap-schools.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating

First Philadelphia Preparatory Charter School has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. The organization’s overall score of 81% reflects strong governance practices, including a fully independent board and effective oversight committees, which are crucial for maintaining transparency and trust.

The school demonstrates a high commitment to responsible financial practices, with an impressive program expense ratio of 85.89%, ensuring that a significant portion of its funds is directed toward educational programs and services. Additionally, it has established comprehensive policies such as conflict of interest and whistleblower protections, highlighting its dedication to ethical governance.

However, while the financial management is strong, ongoing engagement with the community and stakeholders could further enhance its impact and reach. Overall, First Philadelphia Preparatory Charter School stands out for its financial accountability and robust governance practices, making it a reliable choice for potential supporters.


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

Is First Philadelphia Preparatory Charter School legitimate?

First Philadelphia Preparatory Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Philadelphia Preparatory Charter 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: $210,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,649,281

For more financial information, click here


Official website here: www.ap-schools.org

What is the mission statement of First Philadelphia Preparatory Charter School?

The First Philadelphia Preparatory Charter School is dedicated to delivering a top-notch education to students in the K-12 age group. This mission is geared towards providing a high-quality public education that caters to the learning needs of Philadelphia's student population. The charter school prioritizes the academic growth and development of its students, ensuring they receive a well-rounded education. The educational institution strives to create an inclusive and supportive learning environment, enabling students to thrive and reach their full potential. The school's commitment extends beyond the classroom, offering resources and opportunities that foster the overall well-being and success of its students.


Official website here: www.ap-schools.org

Who is the CEO of First Philadelphia Preparatory Charter School?

Deborah Smith is the Ceo of First Philadelphia Preparatory Charter School. The CEO's salary of First Philadelphia Preparatory Charter School is $144,422 and their total compensation is $201,897.


Official website here: www.ap-schools.org

What is the revenue of First Philadelphia Preparatory Charter School?

First Philadelphia Preparatory Charter School's revenue in 2022 was $34,220,830.


Official website here: www.ap-schools.org

Who are the executives of First Philadelphia Preparatory Charter School and what are their salaries?

The average compensation at First Philadelphia Preparatory Charter School during 2022 was $41,209. There are 215 employees and 5 volunteers at First Philadelphia Preparatory Charter School.


Here are 6 key members and their salaries (First Philadelphia Preparatory Charter School's CEO's salary is $144,422 and their total compensation is $201,897):


Deborah Smith (Ceo)
  • Compensation: $144,422
  • Related: $0
  • Other: $57,475
Anita Vega-Kaiser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Y Coger (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa V Grumbrecht (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Saunders (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teeyona Crumpton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ap-schools.org

Where can I find the form 990 for First Philadelphia Preparatory Charter School?

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


Official website here: www.ap-schools.org

Learn more at the official website: www.ap-schools.org

Mission Statement of First Philadelphia Preparatory Charter School

First Philadelphia Preparatory Charter School, a renowned educational institution, is dedicated to delivering top-notch public education to students in the K-12 grade bracket. Nestled in the heart of Philadelphia, this esteemed charter school prides itself on providing a high-quality learning experience for its young scholars.

In pursuit of its mission, First Philadelphia Preparatory Charter School focuses on offering a comprehensive educational program designed to foster academic growth and personal development. Its dedicated team of educators is committed to creating a nurturing environment that encourages students to reach their full potential. The school's curriculum is tailored to cater to the unique needs of each student, ensuring that every learner receives the support they need to succeed.

First Philadelphia Preparatory Charter School's educational approach emphasizes a well-rounded learning experience, with a strong focus on core academic subjects as well as extracurricular activities. The school fosters a culture of excellence, where students are encouraged to explore their interests and passions beyond the classroom. This holistic educational philosophy is geared towards producing well-rounded individuals who are not only academically proficient but also socially and emotionally intelligent.

In essence, First Philadelphia Preparatory Charter School serves as a beacon of hope and opportunity for the students it serves, striving to provide them with the essential tools and knowledge they need to succeed not only in their academic pursuits but also in their future endeavors. By focusing on quality education, this exceptional charter school is playing a vital role in shaping the next generation of Philadelphia's leaders.

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Impact




October, 2024

First Philadelphia Preparatory Charter School significantly enhances educational opportunities for students in grades K-12 within the city of Philadelphia. By focusing on providing high-quality public education, the school aims to create an engaging and supportive learning environment that fosters academic achievement and personal growth. Its commitment to educational excellence ensures that students receive the resources and instruction necessary to succeed, equipping them with the skills and knowledge required for future endeavors. The impact of the school extends beyond academics, as it nurtures informed, responsible citizens who are prepared to contribute positively to their communities. Through its mission, First Philadelphia Preparatory Charter School plays a crucial role in shaping the educational landscape of Philadelphia.




This information is meant to be a general summary of First Philadelphia Preparatory Charter 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
$34,220,830 (2022)
Expenses
$29,391,287 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $316
  • Program Service Revenue: $27,358,846
  • Gross Receipts: $34,220,830

Assets and Liabilities:

  • Total Assets: $56,045,316
  • Total Liabilities: $57,003,255
  • Net Assets: -$957,939

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Programs

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

SCHOOL DISTRICT SUBSIDY

Revenue

$27,358,846

Organization Details

Founding Year

2002

Principal Officer

Deborah Smith

Main Address

4300 Tacony Street, Philadelphia, PA, 19124

NTEE Category

Code: B29 - Education

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