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Memphis College Preparatory Elementary School

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

EIN: 264251279 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Memphis College Preparatory Elementary School?

Memphis College Preparatory Elementary School is a nonprofit institution situated at 1500 Dunn Avenue, Memphis, Tennessee 38106. Its primary mission is to offer Kindergarten through Fifth Grade students an academic and ethical foundation, enabling them to thrive in their academic pursuits and personal lives. With a dedicated workforce of 51 employees, the school is committed to providing a conducive learning environment that fosters excellence and personal growth. The school's activities and mission share the same goal, emphasizing the importance of laying a strong educational and ethical foundation for its young learners.


Official website here: www.memphiscollegeprep.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

Memphis College Preparatory Elementary School has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and transparency. With a total score of 90%, the organization demonstrates effective management of its resources, ensuring that a significant portion of its budget is directed towards program expenses, which stands at 65.56%.

The nonprofit benefits from a fully independent board of directors, further enhancing its credibility. The organization excels in several areas, including financial audits and maintaining a conflict of interest policy, both of which are fully compliant with recommended standards. This independent oversight suggests a robust governance structure that prioritizes the mission and integrity of the organization.

However, while the program expense ratio is commendable, it is noted that there is room for improvement in this area, as it received a slightly lower score compared to other metrics. Overall, Memphis College Preparatory Elementary School is well-positioned as a responsible and effective nonprofit, making a positive impact while maintaining strong fiscal practices.


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

What do the Facebook reviews say about Memphis College Preparatory Elementary School?

96% of 44 reviewers on Facebook recommend Memphis College Preparatory Elementary School. Here’s a summary of their reviews:

Many parents express high praise for the school, particularly highlighting the quality of the teachers and the positive growth their children experience. The supportive community at Memphis College Preparatory is often mentioned as a significant factor in students' development. Parents feel a strong sense of gratitude for the school, attributing their children's successes to the nurturing environment provided by the MCP family.

Overall, it appears that Memphis College Preparatory Elementary School is well-regarded, with families feeling satisfied and confident in the education their children receive. The enthusiasm and support showcased in the reviews suggest a thriving educational atmosphere that resonates positively with the parent community.


This AI summary has been generated from reviews found on Facebook.

Is Memphis College Preparatory Elementary School legitimate?

Memphis College Preparatory Elementary School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis College Preparatory Elementary School 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: $146,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,963,040

For more financial information, click here


Official website here: www.memphiscollegeprep.org

What is the mission statement of Memphis College Preparatory Elementary School?

Memphis College Preparatory Elementary School's mission is centered around providing a solid academic and ethical foundation for its kindergarten through fifth-grade students. This mission aims to empower these students to excel not only in their schooling but also in their personal lives. The school strives to achieve this goal by providing a supportive environment that fosters learning and ethical growth. The focus is on equipping students with the necessary skills and values to succeed in their academic pursuits and beyond.


Official website here: www.memphiscollegeprep.org

Who is the CEO of Memphis College Preparatory Elementary School?

Tyree Daniels is the Board Member of Memphis College Preparatory Elementary School.


Official website here: www.memphiscollegeprep.org

What is the revenue of Memphis College Preparatory Elementary School?

Memphis College Preparatory Elementary School's revenue in 2022 was $3,371,309.


Official website here: www.memphiscollegeprep.org

Who are the executives of Memphis College Preparatory Elementary School and what are their salaries?

The average compensation at Memphis College Preparatory Elementary School during 2022 was $41,367. There are 51 employees and 30 volunteers at Memphis College Preparatory Elementary School.


Here are 12 key members and their salaries:


Mareko Huely (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Logan Welk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kennard Speed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Patterson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Demar Roberts (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Knight (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Jumet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Holmes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Montesi (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fadra Green (Director Of Operations)
  • Compensation: $45,313
  • Related: $0
  • Other: $0
Joshua Giesler (Outgoing Director Of Operations)
  • Compensation: $35,047
  • Related: $0
  • Other: $0
Tyree Daniels (Executive Chair)
  • Compensation: $66,340
  • Related: $0
  • Other: $0


Official website here: www.memphiscollegeprep.org

Where can I find the form 990 for Memphis College Preparatory Elementary School?

Memphis College Preparatory Elementary School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.memphiscollegeprep.org

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

Mission Statement of Memphis College Preparatory Elementary School

Memphis College Preparatory Elementary School is committed to providing a strong academic and ethical foundation for kindergarten through fifth-grade students. The school's mission is to equip these students with the necessary tools to excel not only in their educational pursuits but also in their personal lives. By focusing on both academic and ethical development, the school aims to foster well-rounded individuals who can navigate the challenges of their future with confidence and integrity. The school's dedication to this mission is evident in its daily activities, which are designed to nurture the intellectual, moral, and social growth of its students.

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Impact




October, 2024

Memphis College Preparatory Elementary School plays a vital role in shaping the future of its students by equipping them with both the academic knowledge and ethical foundation necessary for success. By serving kindergarten through fifth grade students, the school fosters a learning environment that promotes not only strong academic performance but also instills values that are crucial for personal development and social responsibility.

Located in Memphis, TN, the school aims to prepare young learners to excel not just in their education, but in all areas of life. This holistic approach ensures that students are not only prepared for the challenges of higher education but are also encouraged to become conscientious citizens contributing positively to their communities. The impact of Memphis College Preparatory Elementary School extends beyond the classroom, nurturing a generation of motivated, ethical leaders who are ready to take on the world.




This information is meant to be a general summary of Memphis College Preparatory Elementary School. 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
$3,371,309 (2022)
Expenses
$4,021,714 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $121
  • Program Service Revenue: $181,691
  • Gross Receipts: $3,371,309

Assets and Liabilities:

  • Total Assets: $4,812,612
  • Total Liabilities: $2,666,101
  • Net Assets: $2,146,511

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATION CHARGES

Revenue

$181,691

Organization Details

Founding Year

2009

Principal Officer

Tyree Daniels

Main Address

1500 DUNN AVENUE, MEMPHIS, TN, 38106

NTEE Category

Code: B29 - Education

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