Overview
What is Veritas College Preparatory Leadership Academy?
Veritas College Preparatory Leadership Academy is a nonprofit organization situated in Memphis, Tennessee, specifically at 1500 Dunn Ave, 38106. Their primary focus is to offer a high-quality education to students in Memphis who require additional support beyond traditional school settings. The organization's mission is to prepare these students, from grades six through eight, to excel in high school and college, ultimately becoming accomplished scholars and contributing positively to their communities as ethical leaders. To achieve this goal, Veritas College Preparatory Leadership Academy boasts a team of 17 dedicated individuals.
Official website here: www.veritascollegeprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
Veritas College Preparatory Leadership Academy has achieved a strong rating based on its commitment to accountability and finance. With a score of 92%, the organization demonstrates robust financial practices, having 100% independent board members and a solid structure for oversight. The organization allocates a significant portion of its budget to program expenses, with a program expense ratio of 74%, indicating a focus on its core mission.
The nonprofit also adheres to best practices with well-established policies, including a whistleblower policy and a conflict of interest policy. The presence of an audit and oversight committee further reinforces its commitment to transparency and financial integrity. Additionally, there have been no reported material diversions of assets, which enhances trust in its financial management.
While the organization excels in accountability, there are no specific user reviews or feedback available to highlight the impact of its programs. The emphasis on financial stability over programmatic evaluation suggests that while the organization is well-managed, potential supporters may want to seek additional information on the effectiveness of its educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Veritas College Preparatory Leadership Academy?
90% of 27 reviewers on Facebook recommend Veritas College Preparatory Leadership Academy. Here is a summary of their reviews:
Many former students express gratitude for the positive experiences they had during their middle school years at the academy. One particular review highlights that the time spent from 6th to 8th grade was the best period of their schooling, indicating a strong sense of satisfaction with the educational environment and opportunities provided.
Overall, the feedback suggests that Veritas College Preparatory Leadership Academy successfully creates a supportive and enriching atmosphere for its students, leading to lasting positive impressions.
This AI summary has been generated from reviews found on Facebook.
Is Veritas College Preparatory Leadership Academy legitimate?
Veritas College Preparatory Leadership Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veritas College Preparatory Leadership 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: $161,574
Professional Fundraising Fees: $0
Other Salaries and Wages: $731,706
For more financial information, click here
Official website here: www.veritascollegeprep.org
What is the mission statement of Veritas College Preparatory Leadership Academy?
The Veritas College Preparatory Leadership Academy's mission is focused on preparing students in grades six through eight from various backgrounds to excel in high school and college. The organization aims to cultivate these students into accomplished scholars and inspiring leaders who contribute positively to their communities with strong ethical values. By providing a quality education in a non-traditional setting, Veritas College Preparatory Leadership Academy strives to meet the educational needs of students who may not have received adequate support in a traditional school environment.
Official website here: www.veritascollegeprep.org
Who is the CEO of Veritas College Preparatory Leadership Academy?
Matt Weathersby is the President of Veritas College Preparatory Leadership Academy.
Official website here: www.veritascollegeprep.org
What is the revenue of Veritas College Preparatory Leadership Academy?
Veritas College Preparatory Leadership Academy's revenue in 2022 was $1,648,675.
Official website here: www.veritascollegeprep.org
Who are the executives of Veritas College Preparatory Leadership Academy and what are their salaries?
The average compensation at Veritas College Preparatory Leadership Academy during 2022 was $52,546. There are 17 employees and 11 volunteers at Veritas College Preparatory Leadership Academy.
Here are 11 key members and their salaries:
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- Compensation: $117,646
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- Compensation: $75,882
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- Other: $9,489
Official website here: www.veritascollegeprep.org
Where can I find the form 990 for Veritas College Preparatory Leadership Academy?
Veritas College Preparatory Leadership Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.veritascollegeprep.org
Learn more at the official website: www.veritascollegeprep.org
Mission Statement of Veritas College Preparatory Leadership Academy
Veritas College Preparatory Leadership Academy is dedicated to helping students in grades six through eight from Memphis excel in high school and college, ultimately becoming accomplished scholars. Beyond academic achievement, this organization strives to foster in its students a sense of responsibility towards their communities, cultivating them into ethical leaders. By providing a quality education to students whose needs are not met in a traditional school setting, Veritas College Preparatory Leadership Academy empowers its students to positively impact their communities and lead by example.
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Impact
October, 2024
Veritas College Preparatory Leadership Academy significantly impacts the educational landscape in Memphis by empowering students in grades six through eight with the skills and mindset required for academic excellence and ethical leadership. The academy focuses on providing a quality education tailored to the needs of students who may not thrive in traditional school settings.
By preparing students to excel in high school and college, Veritas fosters a new generation of accomplished scholars who are equipped to navigate the challenges of higher education and contribute positively to their communities. The emphasis on ethical leadership not only cultivates individual character but also encourages students to engage in civic responsibilities, enriching the broader Memphis community. Overall, the academy is instrumental in bridging educational gaps and nurturing future leaders who will make meaningful contributions in various spheres of society.
This information is meant to be a general summary of Veritas College Preparatory Leadership 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.
- Gross Receipts: $1,648,675
Assets and Liabilities:
- Total Assets: $2,236,920
- Total Liabilities: $1,284,988
- Net Assets: $951,932
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Organization Details
Founding Year
2009
Phone
(901) 526-1900Principal Officer
Matt Weathersby
Main Address
1500 DUNN AVE, MEMPHIS, TN, 38106
Website
www.veritascollegeprep.orgNTEE Category
Code: B29 - Education
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