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Public Preparatory Network Inc

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

EIN: 264646416 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Public Preparatory Network Inc?

Public Preparatory Network Inc is a nonprofit organization situated in New York City, specifically at 442 E Houston St 5th Floor, NY 10002. Their primary focus is on developing and supporting single-sex elementary and middle public schools that prioritize excellence through continuous learning and data-driven instruction. The organization's mission is to manage a network of open-enrollment, free college-preparatory charter schools, committed to maintaining high academic standards, merit, citizenship, and responsibility in New York City's underserved communities. Beyond academic support, Public Preparatory Network Inc also provides marketing, recruitment, fundraising, and administrative assistance for these schools. The nonprofit employs a team of 54 individuals, dedicated to empowering students to build strong character, demonstrate critical thinking, and pave their way towards earning a degree from a four-year university.


Official website here: www.publicprep.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Public Preparatory Network Inc has received an overall rating of 81%, which indicates a solid performance in accountability and finance. This score is derived entirely from the accountability and finance beacon, reflecting the organization’s commitment to transparency and effective financial management.

One of the notable strengths of Public Preparatory Network Inc is its governance structure, featuring an entirely independent board, which plays a critical role in maintaining unbiased oversight. The organization has also excelled in various accountability measures, including having robust policies in place for conflict of interest and whistleblower protections, along with comprehensive audit and financial oversight.

While the organization demonstrates strong financial practices with a program expense ratio of 73.92%, indicating that a significant portion of its funds directly supports its programs, continuous monitoring and improvement will be essential for maintaining and potentially enhancing its rating in the future. Overall, the nonprofit shows a strong commitment to responsible stewardship of its resources.


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

Is Public Preparatory Network Inc legitimate?

Public Preparatory Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Preparatory Network 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: $904,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,946,392

For more financial information, click here


Official website here: www.publicprep.org

What is the mission statement of Public Preparatory Network Inc?

Public Preparatory Network Inc is a non-profit organization dedicated to establishing single-sex elementary and middle schools. Their mission is to foster an environment that encourages continuous learning and data-driven instruction, empowering each student to demonstrate critical thinking, build strong character, and acquire a solid core of knowledge. The organization aims to manage and support a network of free, college-preparatory charter schools committed to upholding high academic standards, merit, citizenship, and responsibility, primarily serving New York City's most disadvantaged communities. Their activities include marketing and recruiting for charter schools, fundraising, and providing academic, administrative, and financial support.


Official website here: www.publicprep.org

Who is the CEO of Public Preparatory Network Inc?

Janelle Bradshaw is the Ceo of Public Preparatory Network Inc. The CEO's salary of Public Preparatory Network Inc is $372,994 and their total compensation is $402,235.


Official website here: www.publicprep.org

What is the revenue of Public Preparatory Network Inc?

Public Preparatory Network Inc's revenue in 2022 was $6,871,820.


Official website here: www.publicprep.org

Who are the executives of Public Preparatory Network Inc and what are their salaries?

The average compensation at Public Preparatory Network Inc during 2022 was $71,313. There are 54 employees and 7 volunteers at Public Preparatory Network Inc.


Here are 18 key members and their salaries (Public Preparatory Network Inc's CEO's salary is $372,994 and their total compensation is $402,235):


Bryan Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul A Vermylen Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip O Brandes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Diker (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margery Mayer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Kail Greene (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Britton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James T Farris (Mng. Dir. Of Fin. (Left 3/22))
  • Compensation: $130,568
  • Related: $0
  • Other: $24,560
Michele Cerwin (Coo (Left 7/21))
  • Compensation: $159,423
  • Related: $0
  • Other: $6,784
Andrew Group (Mng Dir Of Operations (Left 7/21))
  • Compensation: $74,838
  • Related: $0
  • Other: $15,509
Janelle Bradshaw (Ceo)
  • Compensation: $372,994
  • Related: $0
  • Other: $29,241
Jeannemarie Hendershot (Chief Operating Officer (Join 11/21))
  • Compensation: $27,721
  • Related: $0
  • Other: $4,611
Giuseppa L Carbone (Superintendent)
  • Compensation: $208,554
  • Related: $0
  • Other: $18,446
Emilee Christopher (Chief Talent Officer)
  • Compensation: $171,136
  • Related: $0
  • Other: $21,999
Emily Zaeske (Dir. Of Student Support)
  • Compensation: $141,025
  • Related: $0
  • Other: $18,665
Rafet Abdeljabbar (Managing Director Of Talent)
  • Compensation: $120,480
  • Related: $0
  • Other: $19,065
Michael Farkash Soares (Director Of Humanities)
  • Compensation: $132,534
  • Related: $0
  • Other: $11,799
Caitlin Omeis (Managing Director Of Sfa)
  • Compensation: $118,471
  • Related: $0
  • Other: $24,694


Official website here: www.publicprep.org

Where can I find the form 990 for Public Preparatory Network Inc?

Public Preparatory Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.publicprep.org

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

Mission Statement of Public Preparatory Network Inc

Public Preparatory Network, a nonprofit organization, is committed to establishing and supporting a network of free, open-enrollment charter schools in underserved neighborhoods of New York City. Their mission is geared towards managing these schools, which are dedicated to achieving high academic standards, fostering merit, encouraging citizenship, and instilling a sense of responsibility. By employing a continuous learning approach and data-driven instruction, Public Preparatory Network aims to empower each student to develop strong character, showcase critical thinking skills, acquire a solid core of knowledge, and set a predictive path towards earning a degree from a four-year university.

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Impact




October, 2024

Public Preparatory Network Inc significantly impacts education by developing and managing single-sex elementary and middle schools that prioritize excellence and continuous learning. Their approach emphasizes data-driven instruction, enabling teachers to tailor their methods to enhance student learning outcomes. By focusing on empowering students, Public Prep fosters strong character development, critical thinking skills, and a robust core knowledge base.

The organization operates in New York City’s most underserved neighborhoods, committing to high academic standards and promoting merit, citizenship, and responsibility among its students. Public Prep's model prepares students for higher education, guiding them on a path to earn degrees from four-year universities. Through charter school marketing, recruitment, and comprehensive academic, administrative, and financial support, Public Preparatory Network Inc actively addresses educational inequities, providing vital resources and opportunities to those who need them most. This commitment to education not only shapes individual futures but also contributes to the overall upliftment of communities within New York City.




This information is meant to be a general summary of Public Preparatory Network 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
$6,871,820 (2022)
Expenses
$7,459,382 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$12,056
  • Program Service Revenue: $5,597,057
  • Gross Receipts: $7,019,913

Assets and Liabilities:

  • Total Assets: $1,647,311
  • Total Liabilities: $686,557
  • Net Assets: $960,754

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Programs

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

MANAGEMENT FEES

Revenue

$5,591,114

OTHER INCOME

Revenue

$5,943

Organization Details

Founding Year

2008

Principal Officer

Janelle Bradshaw

Main Address

442 E HOUSTON ST 5TH FLOOR, NEW YORK, NY, 10002

NTEE Category

Code: B02 - Education

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