Overview
What is Success Preparatory Academy?
Success Preparatory Academy, also known as Successthurgood Marshall, is a nonprofit organization based in New Orleans, Louisiana. Situated at 4621 Canal Street, this institution focuses on providing quality education to its students. Their mission is to empower all learners with essential academic skills, character traits, and self-confidence, enabling them to live fulfilling, healthy lives filled with unlimited possibilities. To achieve this goal, they invest in teacher salaries and classroom materials and supplies. With a workforce of 96 employees, Success Preparatory Academy is committed to fostering a nurturing environment where students can grow and thrive.
Official website here: www.thurgoodmarshallnola.org
What are the reviews and ratings of this charity?
Success Preparatory Academy has earned an impressive Four-Star out of Four Star rating from Charity Navigator, with a score of 96%. This rating reflects a strong emphasis on Accountability & Finance, indicating the organization manages its funds effectively and maintains a high standard of transparency. The nonprofit boasts a very independent board, with 88% of its members being independent, and scores high in areas such as financial oversight and compliance with essential governance policies.
Strengths highlighted in the evaluation include the absence of material diversions of assets and a commendable low liabilities-to-assets ratio of 13.68%. Furthermore, the academy allocates a substantial 81.70% of its expenses directly to its programs, indicating a strong commitment to its mission. However, the organization has a noted shortcoming regarding the posting of its tax form on its website, which has been marked as missing in the evaluation.
User reviews from GreatNonprofits were not available for this organization, so insights into public sentiment and individual experiences could not be gathered. Overall, Success Preparatory Academy presents a highly accountable and fiscally responsible profile, although it has room for improvement in certain areas.
This AI summary has been generated from information found on Charity Navigator.
Is Success Preparatory Academy legitimate?
Success Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Success Preparatory Academy 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: $3,892,646
For more financial information, click here
Official website here: www.thurgoodmarshallnola.org
What is the mission statement of Success Preparatory Academy?
Success Preparatory Academy's mission is centered around empowering all its students. The academy aims to equip students with essential academic skills, instill positive character traits, and boost their self-confidence. This holistic approach is designed to help students lead fulfilling, healthy lives of endless possibilities. The academy's mission is not merely about imparting knowledge, but also about nurturing well-rounded individuals who can seize opportunities and make the most of their lives. The academy's activities are geared towards achieving this mission, investing in areas such as teachers' salaries and classroom materials and supplies.
Official website here: www.thurgoodmarshallnola.org
Who is the CEO of Success Preparatory Academy?
Adam Meinig is the Executive Di of Success Preparatory Academy.
Official website here: www.thurgoodmarshallnola.org
What is the revenue of Success Preparatory Academy?
Success Preparatory Academy's revenue in 2022 was $7,661,479.
Official website here: www.thurgoodmarshallnola.org
Who are the executives of Success Preparatory Academy and what are their salaries?
The average compensation at Success Preparatory Academy during 2022 was $40,548. There are 96 employees at Success Preparatory Academy.
Here are 9 key members and their salaries:
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Official website here: www.thurgoodmarshallnola.org
Where can I find the form 990 for Success Preparatory Academy?
Success Preparatory Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thurgoodmarshallnola.org
Learn more at the official website: www.thurgoodmarshallnola.org
Mission Statement of Success Preparatory Academy
Success Preparatory Academy, a nonprofit organization, is committed to empowering all its students. Their mission is to equip each student with essential academic skills, instill valuable character traits, and foster a strong sense of self-confidence. By doing so, Success Preparatory Academy aims to help its students lead happy and healthy lives filled with unlimited possibilities. The organization strives to create an environment that nurtures personal growth and development, enabling its students to reach their full potential.
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Impact
October, 2024
Success Preparatory Academy empowers students by providing them with essential academic skills, fostering strong character traits, and building self-confidence. Located in New Orleans, Louisiana, the academy focuses on creating an environment where students can thrive both academically and personally. By investing in instructional resources, including teacher salaries and classroom materials, the academy ensures a quality education that equips students for unlimited possibilities. The emphasis on holistic development not only prepares students for academic success but also cultivates the mindset needed to lead healthy, fulfilling lives. The impact of Success Preparatory Academy resonates through the achievements of its students, who are nurtured to reach their full potential.
This information is meant to be a general summary of Success Preparatory Academy. 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: $14,634
- Program Service Revenue: $3,611,964
- Gross Receipts: $7,661,479
Assets and Liabilities:
- Total Assets: $2,439,777
- Total Liabilities: $251,492
- Net Assets: $2,188,285
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MINIMUM FOUNDATION PROGRAM
Revenue
$3,611,964
Organization Details
Principal Officer
Adam Meinig
Main Address
4621 CANAL STREET, NEW ORLEANS, LA, 70119
Website
www.thurgoodmarshallnola.orgNTEE Category
Code: B21 - Education
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