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Prosperitas Leadership Academy Inc

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

EIN: 260582247 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Prosperitas Leadership Academy Inc?

Prosperitas Leadership Academy Inc is a nonprofit organization situated in Orlando, Florida. Its primary mission is to offer an alternative educational environment to students aged 16 to 22 who may be at risk of dropping out of traditional high schools. The academy aims to equip these students with essential life skills, work training, and employment opportunities. During the fiscal year ending June 30, 2022, the academy served an average of 200 students. The academy is dedicated to helping these individuals complete their high school education and prepare for their future careers.


Official website here: www.prosperitasleadershipacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 71%)

Prosperitas Leadership Academy Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 71%. The organization demonstrates strong governance practices, with 80% of board members being independent and a fully compliant audit and oversight committee. It also maintains important policies, such as conflict of interest and whistleblower protections, contributing to its accountability measures.

However, the organization faces challenges in financial management, as indicated by a high liabilities-to-assets ratio of 99.76%, which raises concerns about its financial stability. Additionally, while its program expense ratio of 62.16% shows that a significant portion of its budget is directed towards programs, the absence of tax forms on its website may limit transparency for potential donors and stakeholders.

Overall, while Prosperitas Leadership Academy shows strengths in governance and accountability, its financial health and transparency issues suggest that it may need to make improvements to enhance its overall effectiveness and reliability as a nonprofit organization.


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

Is Prosperitas Leadership Academy Inc legitimate?

Prosperitas Leadership Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prosperitas Leadership Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.prosperitasleadershipacademy.org

What is the mission statement of Prosperitas Leadership Academy Inc?

Prosperitas Leadership Academy Inc's primary mission is to establish, manage, and operate a school aimed at educating individuals who are at risk of dropping out of high school. The academy provides an alternative educational environment for students between the ages of 16 and 22. Its objective is to offer a comprehensive curriculum encompassing life skills, vocational training, and employment preparation. The academy aims to help these students reintegrate into the educational system and eventually secure stable employment. During the fiscal year ending June 30, 2022, the academy served an average of 200 students.


Official website here: www.prosperitasleadershipacademy.org

Who is the CEO of Prosperitas Leadership Academy Inc?

Nadia Pierre is the Director of Prosperitas Leadership Academy Inc.


Official website here: www.prosperitasleadershipacademy.org

What is the revenue of Prosperitas Leadership Academy Inc?

Prosperitas Leadership Academy Inc's revenue in 2022 was $1,165,244.


Official website here: www.prosperitasleadershipacademy.org

Who are the executives of Prosperitas Leadership Academy Inc and what are their salaries?


Here are 6 key members and their salaries:


Clauvens Durace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Spence (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Sparrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hudie Stone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Baisden (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadia Pierre (Principal)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prosperitasleadershipacademy.org

Where can I find the form 990 for Prosperitas Leadership Academy Inc?

Prosperitas Leadership Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.prosperitasleadershipacademy.org

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

Mission Statement of Prosperitas Leadership Academy Inc

Prosperitas Leadership Academy Inc is committed to serving individuals who are at risk of dropping out of high school. The institution's primary mission is to establish, manage, and operate a school that provides an alternative educational environment for these students. This school aims to assist young people between the ages of 16 and 22, who may have left or be on the brink of leaving traditional high schools, in completing their education. The academy focuses on offering a comprehensive curriculum that encompasses life skills, work training, and employment preparation, with the ultimate goal of equipping its students with the tools necessary to succeed in their future endeavors. During the fiscal year ending June 30, 2022, the academy served an average of 200 students, demonstrating its dedication to supporting and educating at-risk youth.

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Impact




October, 2024

Prosperitas Leadership Academy Inc significantly impacts the lives of individuals aged 16 to 22 who are at risk of dropping out of high school by offering an alternative educational pathway. By providing a comprehensive education that emphasizes not only academic subjects but also essential life skills and work training, the school prepares students for both personal and professional success. During the last fiscal year, the academy supported an average of 200 students, helping them to regain a sense of purpose and direction.

The school's focus on tailored educational experiences addresses the unique challenges faced by at-risk youth, ensuring they receive the guidance and resources necessary to thrive. By fostering a supportive learning environment, Prosperitas Leadership Academy empowers students to overcome obstacles, complete their education, and transition into the workforce. This holistic approach not only helps individual students but also contributes positively to the broader community by reducing dropout rates and encouraging lifelong learning and employment readiness.




This information is meant to be a general summary of Prosperitas Leadership Academy 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
$1,165,244 (2022)
Expenses
$1,108,061 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $998,200
  • Gross Receipts: $1,165,244

Assets and Liabilities:

  • Total Assets: $2,198,180
  • Total Liabilities: $2,133,965
  • Net Assets: $64,215

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Organization Details

Founding Year

2007

Principal Officer

Nadia Pierre

Main Address

2140 W Washington St, Orlando, FL, 328051268

NTEE Category

Code: B29 - Education

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