Overview
What is Wayne Preparatory Academy Inc?
Wayne Preparatory Academy Inc is a nonprofit organization located in North Carolina, dedicated to operating a public charter school. Their primary mission is to offer suitable facilities, skilled educators, and necessary educational resources to the students enrolled in the school. This nonprofit organization strives to provide a high-quality educational environment, ensuring the success and growth of its students.
Official website here: www.wayneprepnc.org
What are the reviews and ratings of this charity?
**Wayne Preparatory Academy Inc**
**Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 73%)**
The Two-Star rating from Charity Navigator suggests that Wayne Preparatory Academy Inc has room for improvement in its operations. The score is driven solely by its Accountability & Finance, which scored 73%. While the nonprofit exhibits strong governance, such as having a fully independent board and maintaining proper financial oversight, it falls short in certain areas like policy documentation and its assets to liabilities ratio.
The highlights of the accountability measures include a comprehensive audit and oversight committee and the absence of material asset diversion, reinforcing the academy's integrity in financial management. However, critical policies such as whistleblower protections and document retention protocols are missing, indicating a need for better internal policy frameworks that ensure transparency and risk management.
Currently, user reviews from GreatNonprofits were not available, so it’s unclear what community sentiment reflects about the organization. Overall, Wayne Preparatory Academy demonstrates a commitment to financial accountability, yet the lack of certain policies and measures to assess impact and community engagement may hinder its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Wayne Preparatory Academy Inc legitimate?
Wayne Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayne Preparatory 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.wayneprepnc.org
What is the mission statement of Wayne Preparatory Academy Inc?
Wayne Preparatory Academy Inc's mission is centered around operating a charter school in an unspecified location. In line with this mission, the organization provides essential resources, including facilities, teachers, and educational materials, to the students enrolled in this public charter school. By doing so, Wayne Preparatory Academy Inc aims to contribute positively to the educational journey of its students, promoting a conducive learning environment. It should be noted that the academy operates within the framework of a public charter school system, thereby adhering to the guidelines and standards set forth by the relevant educational authority.
Official website here: www.wayneprepnc.org
Who is the CEO of Wayne Preparatory Academy Inc?
John Twitty is the Board Chairman of Wayne Preparatory Academy Inc.
Official website here: www.wayneprepnc.org
What is the revenue of Wayne Preparatory Academy Inc?
Wayne Preparatory Academy Inc's revenue in 2022 was $10,094,949.
Official website here: www.wayneprepnc.org
Who are the executives of Wayne Preparatory Academy Inc and what are their salaries?
There are 166 employees and 20 volunteers at Wayne Preparatory Academy Inc.
Here are 5 key members and their salaries:
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- Compensation: $102,794
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- Other: $7,864
Official website here: www.wayneprepnc.org
Where can I find the form 990 for Wayne Preparatory Academy Inc?
Wayne Preparatory Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wayneprepnc.org
Learn more at the official website: www.wayneprepnc.org
Mission Statement of Wayne Preparatory Academy Inc
Wayne Preparatory Academy Inc, as a nonprofit entity, is committed to operating a charter school in North Carolina. Its primary mission is to provide essential resources for the students enrolled at this public charter school. This includes procuring necessary facilities, employing qualified teachers, and supplying the required educational materials. In essence, Wayne Preparatory Academy Inc's role is to ensure a conducive learning environment for its students, fostering their academic growth and development.
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Impact
October, 2024
Wayne Preparatory Academy Inc has a significant impact on the educational landscape in Goldsboro, North Carolina. By operating a charter school, it provides essential facilities, qualified teachers, and educational materials to students, fostering an enriched learning environment. The academy focuses on meeting the diverse needs of its students by offering innovative educational approaches and personalized instruction. This commitment to education not only enhances academic achievement but also contributes to the overall development of young individuals, preparing them for future success in higher education and beyond. Through its mission to create accessible educational opportunities, Wayne Preparatory Academy Inc plays a vital role in elevating community standards and promoting lifelong learning among its students.
This information is meant to be a general summary of Wayne Preparatory 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $194,786
- Gross Receipts: $10,094,949
Assets and Liabilities:
- Total Assets: $20,651,662
- Total Liabilities: $19,727,931
- Net Assets: $923,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFTER SCHOOL CHILD CARE
Revenue
$194,786
Organization Details
Founding Year
2015
Phone
(919) 734-8035Principal Officer
John Twitty
Main Address
600 TOMMYS ROAD, GOLDSBORO, NC, 27530
Website
www.wayneprepnc.orgNTEE Category
Code: B20 - Education
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