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Shorecrest Preparatory School Inc

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

EIN: 237412158 ✦ St petersburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Shorecrest Preparatory School Inc?

Shorecrest Preparatory School Inc, located in St. Petersburg, Florida, is a PK-12 co-educational independent institution with a rich history dating back to 1923. Renowned for its student-centered liberal arts curriculum and commitment to educating thoughtful global citizens, the school has grown to accommodate 1,056 students, its largest enrollment yet. Shorecrest students excel in various fields, from athletics to performing arts, computer science to playwriting. The school's research-based teaching and learning practices have kept it at the forefront of best practices, with evolving schedules, course materials, and technology. Notable programs include experiential learning opportunities, such as STEAM Week, and specialized tracks like the Entrepreneurial Design Institute and the Global Scholars Program. With a focus on community engagement, Shorecrest students complete thousands of service hours each year, partnering with organizations like Keep Pinellas Beautiful and John Hopkins All Children's Hospital. The school's impressive college acceptance rate and matriculation list make it a well-respected institution in the Tampa Bay Area and beyond.


Official website here: www.shorecrest.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

Shorecrest Preparatory School Inc has achieved an impressive 96% rating, reflecting a strong commitment to accountability and financial transparency. This score is solely based on its accountability and finance practices, which are rated at 100%. The organization demonstrates a robust governance structure, with a fully independent board comprising 22 members and no material diversion of assets reported.

The financial practices of the organization are commendable, with a program expense ratio of 86.49%, indicating that the majority of its resources are allocated towards its educational programs. The presence of key policies, such as conflict of interest and whistleblower policies, along with documented board meeting minutes, further underscores its commitment to maintaining integrity and transparency in operations.

While the data highlights significant strengths, the evaluation is narrow in scope, focusing exclusively on financial and accountability metrics. Future assessments could benefit from including measures of program impact and stakeholder satisfaction to provide a more comprehensive view of the organization's overall effectiveness.


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

Is Shorecrest Preparatory School Inc legitimate?

Shorecrest Preparatory School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shorecrest Preparatory School 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: $567,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,427,529

For more financial information, click here


Official website here: www.shorecrest.org

What is the mission statement of Shorecrest Preparatory School Inc?

Shorecrest Preparatory School Inc is a college preparatory institution dedicated to educating a diverse student body to become lifelong learners. Their mission is to help students achieve personal and academic excellence, foster physical well-being, nurture creative achievement, and instill a commitment to social responsibility. Shorecrest is renowned for its student-centered liberal arts curriculum, forward-thinking science, math, and technology tracks, and commitment to producing globally aware graduates. The school boasts a long list of accomplished alumni, including presidential scholars, award-winning artists, national championship athletes, and internationally recognized scientists. Through innovative programming and a focus on experiential learning, Shorecrest students develop the skills and knowledge needed to succeed in their future endeavors.


Official website here: www.shorecrest.org

Who is the CEO of Shorecrest Preparatory School Inc?

Nancy Spencer is the Head Of School of Shorecrest Preparatory School Inc.


Official website here: www.shorecrest.org

What is the revenue of Shorecrest Preparatory School Inc?

Shorecrest Preparatory School Inc's revenue in 2022 was $30,198,380.


Official website here: www.shorecrest.org

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

The average compensation at Shorecrest Preparatory School Inc during 2022 was $46,313. There are 259 employees and 100 volunteers at Shorecrest Preparatory School Inc.


Here are 32 key members and their salaries:


Beth Miyashiro Vivio (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
William T Conroy (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory G Gaffney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela H Greacen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristin C Keane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Armacost (Trustee (Start 08/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Befeler (Trustee (Start 08/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen K Barrott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Browning-Hutton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Burgess (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Court James (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Frey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Freedman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Gebicke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Green (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charley Harris (Trustee (Left 09/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Mckinney Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Venessa Ma (Trustee (Left 10/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy L Main (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Marston (Trustee (Left 09/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Lavoie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Regalo Pagano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Phelps (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah L Ribeiro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Silverman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Spencer (Head Of School)
  • Compensation: $285,345
  • Related: $0
  • Other: $23,823
Lisa Wylie (Cfo)
  • Compensation: $191,556
  • Related: $0
  • Other: $13,706
Lisa Bianco (Head Of Lower School)
  • Compensation: $120,621
  • Related: $0
  • Other: $15,585
Michael Gillis (Director Of Advancement)
  • Compensation: $154,773
  • Related: $0
  • Other: $16,505
Kristine Grant (Head Of Middle School)
  • Compensation: $106,533
  • Related: $0
  • Other: $13,897
Jodi Maslaney (Controller)
  • Compensation: $106,617
  • Related: $0
  • Other: $13,690
Anthony Mccall (Director Of Athletics)
  • Compensation: $134,386
  • Related: $0
  • Other: $14,436


Official website here: www.shorecrest.org

Where can I find the form 990 for Shorecrest Preparatory School Inc?

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


Official website here: www.shorecrest.org

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

Mission Statement of Shorecrest Preparatory School Inc

Shorecrest Preparatory School Inc, a college preparatory institution, is dedicated to educating a diverse community of students and shaping them into lifelong learners. The organization's mission goes beyond academics, striving for students to achieve personal and academic excellence while fostering physical well-being, creative achievement, and a commitment to social responsibility.

Since its founding nearly a century ago, Shorecrest Preparatory School has been at the forefront of research-based best practices for teaching and learning. Its curriculum is student-centered, with a liberal arts focus for the youngest learners and forward-thinking tracks in science, mathematics, and technology for older students. Shorecrest students excel in various fields, from athletics to performing arts, computer science to playwriting, and make a significant impact in their communities upon graduation.

The school's innovative approach to education has garnered numerous accolades, including recognition as an Apple Distinguished School for multiple years and the top high school in Pinellas County for STEM by Niche.com. Shorecrest's commitment to providing a well-rounded education extends to service learning, which is woven throughout the curriculum, and community partnerships, offering volunteer opportunities with organizations like Keep Pinellas Beautiful and Guardian Ad Litem Foundation. By investing in its students' education, Shorecrest Preparatory School ensures they are prepared to thrive in university life and beyond.

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Impact




October, 2024

Shorecrest Preparatory School Inc plays a transformative role in shaping the future of its students and the broader community in St. Petersburg, Florida. With an enrollment of over 1,000 students—marking its largest cohort in nearly a century—Shorecrest provides a comprehensive college preparatory education that emphasizes lifelong learning, academic excellence, and social responsibility.

The school's commitment to a student-centered liberal arts curriculum fosters a love of learning and critical thinking. From its youngest learners in the experiential program to high school seniors preparing for graduation, Shorecrest emphasizes innovative teaching methods and hands-on projects that align with modern educational research. Programs such as the Entrepreneurial Design Institute and the Peck Center for Medical Science offer students unique opportunities to engage with real-world applications and to explore their interests deeply.

Shorecrest excels across various domains, producing students who shine in athletics, the arts, and academics. Recognized nationally for its STEM programs, it has consistently earned accolades such as the Apple Distinguished School designation. With a strong emphasis on service learning, students contribute over 10,000 hours of community service annually, exemplifying their commitment to social responsibility.

As graduates transition to higher education, they do so with a remarkable track record of acceptance to esteemed colleges and universities, thanks in part to the dedicated guidance provided by the Shorecrest College Center. Alumni frequently return to share their successes, highlighting the profound impact their education had on their personal and professional development.

Overall, Shorecrest Preparatory School Inc stands out as a beacon of educational excellence, nurturing thoughtful global citizens poised to make meaningful contributions to their communities and beyond.




This information is meant to be a general summary of Shorecrest Preparatory School 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.

Revenue
$30,198,380 (2022)
Expenses
$27,243,250 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $312,703
  • Program Service Revenue: $28,018,190
  • Gross Receipts: $31,466,701

Assets and Liabilities:

  • Total Assets: $81,259,238
  • Total Liabilities: $36,560,961
  • Net Assets: $44,698,277

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Programs

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

TUITION AND FEES

Revenue

$25,924,090

AFTER SCHOOL AND SUMME

Revenue

$1,236,010

TUTORING AND STUDY PRO

Revenue

$512,571

STUDENT FEES

Revenue

$301,521

ATHLETIC PROGRAMS

Revenue

$43,998

Organization Details

Founding Year

1923

Principal Officer

Nancy Spencer

Main Address

5101 FIRST STREET NORTHEAST, ST PETERSBURG, FL, 33703

NTEE Category

Code: B20 - Education

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