Overview
What is Partnership For Regional Educational Preparation - Kansas City Inc?
Partnership For Regional Educational Preparation - Kansas City Inc, under the leadership of Susan Wally, is a nonprofit organization committed to enhancing the educational prospects and careers of students in Kansas City's urban school districts. By collaborating with six school districts and four charter schools across the bi-state area, they aim to improve outcomes for underserved students, primarily first-generation college-goers. The organization invests in research-based strategies to prepare students for high-demand, well-paying jobs in the Kansas City region. Serving over 66,000 students and producing over 3,800 annual high school graduates, the majority of whom are students of color and low-income, Partnership For Regional Educational Preparation - Kansas City Inc plays a significant role in uplifting historically underserved communities in the region.
Official website here: www.prepkc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Partnership For Regional Educational Preparation - Kansas City Inc has achieved an impressive 95% score, highlighting its strong financial health and operational transparency. The organization boasts a perfect Accountability & Finance score of 97, indicating robust oversight mechanisms, including an independent board of directors and comprehensive financial reporting practices. Notably, the organization has demonstrated no material diversion of assets and has implemented essential policies such as conflict of interest and whistleblower protections.
In terms of financial efficiency, the nonprofit has a high program expense ratio of 86.06%, suggesting that a significant portion of its funding is directed toward its educational initiatives rather than administrative costs. Additionally, the organization maintains a favorable working capital ratio of 2.55 years, which reflects its ability to sustain operations and meet future obligations effectively. The fundraising efficiency ratio is also commendable at $0.0625, indicating effective fundraising practices.
However, there is room for improvement in areas related to culture and community engagement, with a score of 73. The same score applies to its equity strategies, suggesting that while the organization performs well financially, it may need to enhance its focus on inclusivity and community impact. Overall, the Partnership For Regional Educational Preparation - Kansas City Inc demonstrates a strong commitment to educational preparation in the region, backed by solid financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Partnership For Regional Educational Preparation - Kansas City Inc legitimate?
Partnership For Regional Educational Preparation - Kansas City Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partnership For Regional Educational Preparation - Kansas City 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: $322,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.prepkc.org
What is the mission statement of Partnership For Regional Educational Preparation - Kansas City Inc?
Partnership For Regional Educational Preparation-Kansas City, as an organization, focuses on devising and executing strategies that empower students in urban school districts to excel in post-secondary education and their careers. The organization collaborates with these districts to facilitate substantial improvements in the outcomes of underprivileged students, the majority of whom are first-generation college attendees. Additionally, it invests in evidence-based strategies to prepare students for high-demand, well-paying jobs in the Kansas City region. Partnership For Regional Educational Preparation-Kansas City partners with six school districts and four charter schools on both sides of the state line, collectively serving over 66,000 students and producing over 3,800 annual high school graduates. A significant portion of these students come from historically underserved communities, with 80% identifying as students of color and 82% being low-income.
Official website here: www.prepkc.org
Who is the CEO of Partnership For Regional Educational Preparation - Kansas City Inc?
Susan Wally is the President & Ceo of Partnership For Regional Educational Preparation - Kansas City Inc. The CEO's salary of Partnership For Regional Educational Preparation - Kansas City Inc is $162,500 and their total compensation is $167,375.
Official website here: www.prepkc.org
What is the revenue of Partnership For Regional Educational Preparation - Kansas City Inc?
Partnership For Regional Educational Preparation - Kansas City Inc's revenue in 2022 was $1,728,820.
Official website here: www.prepkc.org
Who are the executives of Partnership For Regional Educational Preparation - Kansas City Inc and what are their salaries?
The average compensation at Partnership For Regional Educational Preparation - Kansas City Inc during 2022 was $21,472. There are 15 employees and 708 volunteers at Partnership For Regional Educational Preparation - Kansas City Inc.
Here are 11 key members and their salaries (Partnership For Regional Educational Preparation - Kansas City Inc's CEO's salary is $162,500 and their total compensation is $167,375):
- Compensation: $162,500
- Related: $0
- Other: $4,875
- Compensation: $147,836
- Related: $0
- Other: $4,437
- Compensation: $113,000
- Related: $0
- Other: $19,722
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.prepkc.org
Where can I find the form 990 for Partnership For Regional Educational Preparation - Kansas City Inc?
Partnership For Regional Educational Preparation - Kansas City Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prepkc.org
Learn more at the official website: www.prepkc.org
Mission Statement of Partnership For Regional Educational Preparation - Kansas City Inc
The Partnership for Regional Educational Preparation - Kansas City, led by Susan Wally, is dedicated to devising and implementing strategies aimed at empowering students attending urban school districts in the bi-state Kansas City area to excel in their post-secondary education and careers. This non-profit organization collaborates with these school districts to facilitate substantial enhancements in the outcomes of underserved students, most of whom are first-generation college-goers. Furthermore, Partnership for Regional Educational Preparation - Kansas City invests in evidence-based strategies that prepare students for careers in high-demand, well-paying jobs within the Kansas City region. This organization partners with six school districts and four charter schools, collectively serving 66,000 students and producing over 3,800 annual high school graduates. Eighty percent of these students identify as students of color, and 82% come from low-income families. Many of these students reside in historically underserved communities, and the partner schools serve 19 out of the 20 zip codes with the lowest median household income in the 9-county metropolitan area.
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Impact
October, 2024
Partnership for Regional Educational Preparation - Kansas City Inc significantly enhances the prospects of students in bi-state urban school districts, helping them to thrive in postsecondary education and successful careers. By focusing on underserved populations, particularly first-generation college-goers, PREP-KC implements research-based strategies aimed at fostering high educational and career outcomes.
The organization collaborates with six school districts and four charter schools, serving a total of 66,000 students, among whom over 3,800 graduate from high school annually. Notably, 80% of these graduates identify as students of color, and 82% come from low-income backgrounds. PREP-KC plays a crucial role in breaking barriers for students living in historically underserved communities, many of whom reside in the 19 zip codes with the lowest median household income in the Kansas City metropolitan area.
Through its strategic initiatives, PREP-KC directly impacts the educational landscape by supporting at-scale improvements in student outcomes, ultimately aiming to prepare a skilled workforce equipped for high-demand, well-paying jobs in the Kansas City region.
This information is meant to be a general summary of Partnership For Regional Educational Preparation - Kansas City 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $108,990
- Program Service Revenue: $343,885
- Gross Receipts: $1,966,569
Assets and Liabilities:
- Total Assets: $4,974,693
- Total Liabilities: $65,367
- Net Assets: $4,909,326
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISTRICT COST SHARING
Revenue
$343,885
Organization Details
Founding Year
2007
Phone
(816) 753-1000Principal Officer
Susan Wally
Main Address
2300 MAIN STREET 340, KANSAS CITY, MO, 64108
Website
www.prepkc.orgNTEE Category
Code: B99 - Education
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