Overview
What is Leadership Prep School?
Leadership Prep School (LPS), located at 8100 Teel Parkway, Frisco, TX 75034, is an open enrollment charter institution that educates students from kindergarten to twelfth grade. With a strong emphasis on leadership development, LPS offers a high standard of academic instruction. The school's mission is encapsulated in the acronym P.L.A.C.E., which stands for Parent Partnership, Leadership Development, Academics, Creativity, and Excellence. By fostering collaboration between parents and teachers, nurturing students' leadership skills, focusing on rigorous academics, promoting creativity, and striving for excellence, LPS inspires students to learn, grow, and lead throughout their lives. The institution employs a team of 178 individuals to deliver on its vision.
Official website here: www.lpsfrisco.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Leadership Prep School has received a Three-Star rating from Charity Navigator, signifying a solid level of accountability and financial health. The score is derived entirely from the Accountability & Finance metrics, where the organization earned a commendable 81 points, reflecting effective governance and transparency in financial matters.
Key strengths include having a fully independent board, with all members meeting the criteria for independence, and complete transparency in financial reporting and policy frameworks. The organization maintains a high program expense ratio, indicating that a significant portion of its budget is directed toward its educational programs. Additionally, policies related to conflict of interest, whistleblower protections, and document retention are well-structured and published.
However, the organization does exhibit a significant liabilities to assets ratio, which is concerning at 73.17%. This may suggest potential financial strain or that the organization is heavily reliant on debt. While the overall rating reflects positive governance practices, ongoing attention to debt management may be required to ensure long-term financial sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Leadership Prep School legitimate?
Leadership Prep School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership Prep 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: $182,198
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,324,498
For more financial information, click here
Official website here: www.lpsfrisco.com
What is the mission statement of Leadership Prep School?
Leadership Prep School (LPS) is dedicated to inspiring students to learn, grow, and lead throughout their lives. The school's mission is encapsulated in the acronym P.L.A.C.E., representing five key areas of focus: Parent Partnership, Leadership Development, Academics, Creativity, and Excellence. LPS is an open-enrollment charter school catering to students from kindergarten through twelfth grade, with a unique emphasis on leadership development and rigorous academic instruction.
Official website here: www.lpsfrisco.com
Who is the CEO of Leadership Prep School?
Stacy Alton is the Superintendent of Leadership Prep School.
Official website here: www.lpsfrisco.com
What is the revenue of Leadership Prep School?
Leadership Prep School's revenue in 2022 was $12,471,078.
Official website here: www.lpsfrisco.com
Who are the executives of Leadership Prep School and what are their salaries?
The average compensation at Leadership Prep School during 2022 was $36,554. There are 178 employees and 100 volunteers at Leadership Prep School.
Here are 8 key members and their salaries:
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Official website here: www.lpsfrisco.com
Where can I find the form 990 for Leadership Prep School?
Leadership Prep School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lpsfrisco.com
Learn more at the official website: www.lpsfrisco.com
Mission Statement of Leadership Prep School
Leadership Prep School (LPS), a charter institution, is committed to inspiring students from kindergarten through twelfth grade to learn, grow, and lead for a lifetime. The school's mission is encapsulated in the acronym P.L.A.C.E., representing five key areas of focus: Parent Partnership, Leadership Development, Academics, Creativity, and Excellence.
Parent Partnership is a crucial aspect of LPS. The school values the role of parents in their children's education and fosters strong partnerships through open communication and collaboration. This approach empowers families to be actively involved in their child's learning journey.
Leadership Development is another core focus at Leadership Prep School. The institution goes beyond traditional academic instruction, providing students with opportunities to hone their leadership skills. By fostering a high-level academic environment, LPS prepares students for success in various aspects of life.
Academics is a significant priority at LPS, with a rigorous curriculum designed to challenge and engage students. The school's commitment to academics ensures that students receive a solid foundation in essential knowledge and skills, setting them up for future success.
Creativity is another essential component of LPS's mission. The school recognizes the importance of nurturing students' creative abilities and fostering an environment that encourages exploration, innovation, and self-expression. By providing opportunities for creativity, LPS aims to develop well-rounded individuals who can think critically and problem-solve effectively.
Excellence is the ultimate goal at Leadership Prep School. The institution strives to provide a world-class education that sets students apart from their peers. By focusing on Parent Partnership, Leadership Development, Academics, Creativity, and Excellence, Leadership Prep School is dedicated to inspiring its students to reach their full potential and make a positive impact on their communities.
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Impact
October, 2024
Leadership Prep School (LPS) has a transformative impact on its students and the broader community in Frisco, TX. By fostering an environment that emphasizes the core values encapsulated in the acronym P.L.A.C.E.—Parent Partnership, Leadership Development, Academics, Creativity, and Excellence—LPS inspires students to cultivate essential skills for lifelong learning and leadership.
The school's commitment to leadership development is particularly noteworthy. By integrating leadership principles into the curriculum, LPS equips students with the tools they need to become proactive, confident leaders in their future endeavors. This focus not only enhances their academic performance but also ensures they can take initiative and drive change in various contexts.
Moreover, the strong partnership with parents creates a supportive community that enhances the educational experience. This collaboration encourages active involvement in students' learning journeys, reinforcing the importance of education and leadership at home and in the school environment.
Through a high level of academic instruction combined with a creative approach, LPS nurtures critical thinking and innovative problem-solving skills among its students. This holistic educational experience prepares them not just for academic success but also for real-world challenges, ensuring they excel in various aspects of life.
In summary, Leadership Prep School's impact is profound, as it develops well-rounded individuals ready to learn, grow, and lead, significantly contributing to the future of their community and beyond.
This information is meant to be a general summary of Leadership Prep 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $377
- Program Service Revenue: $364,538
- Gross Receipts: $12,471,078
Assets and Liabilities:
- Total Assets: $24,409,285
- Total Liabilities: $17,638,214
- Net Assets: $6,771,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATHLETIC ACTIVITIES
Revenue
$44,268
COCURRICULAR ACTIVITIES
Revenue
$2,465
OTHER LOCAL REVENUE
Revenue
$317,805
Organization Details
Founding Year
2010
Phone
(972) 370-3650Principal Officer
Stacy Alton
Main Address
8100 TEEL PARKWAY, FRISCO, TX, 75034
Website
www.lpsfrisco.comNTEE Category
Code: B99 - Education
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