Overview
What is Prospect Ridge Academy?
Prospect Ridge Academy is a new public K-12 charter school situated within the Adams 12 5 Star Schools district. With a focus on quality education, they implement the Core Knowledge Sequence and college-preparatory curricula for high school students. By utilizing this academic approach, the academy aims to provide a strong foundation for lifelong learning and offer comprehensive social and physical development through athletics.
Official website here: www.prospectridgeacademy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 1-Star out of Four Stars
Prospect Ridge Academy has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability. While the organization scores well in areas such as having a fully independent board and proper audit oversight, it lacks essential policies like a whistleblower protection policy and a document retention policy. These gaps contribute to a low overall accountability and finance score of 53%.
The nonprofit demonstrates strengths in board independence and oversight; however, the high liabilities to assets ratio at 174.17% raises red flags about its financial stability. Additionally, the program expense ratio of 53.87% suggests that a smaller portion of its expenses is directed towards programmatic outcomes, which may impact its operational effectiveness.
Overall, while there are positive aspects in governance, the lack of key policies and concerning financial metrics highlight areas that need improvement for Prospect Ridge Academy to enhance its trustworthiness and operational health. Stakeholders may want to monitor these issues closely to ensure the organization is effectively serving its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Prospect Ridge Academy?
94% of 39 reviewers on Facebook recommend Prospect Ridge Academy. Here is a summary of their reviews:
Many parents express strong appreciation for the caring staff and the supportive community at Prospect Ridge Academy. The positive atmosphere seems to significantly contribute to the students' enjoyment and overall experience at the school. One parent highlights that their daughter is thriving and loving her time there, which reflects the positive impact the school has on its students.
Overall, the sentiment is overwhelmingly positive, with families feeling satisfied with the nurturing environment and the quality of education provided. The feedback points to a well-regarded institution that delivers on its promise of fostering a supportive and engaging learning experience for students.
This AI summary has been generated from reviews found on Facebook.
Is Prospect Ridge Academy legitimate?
Prospect Ridge Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prospect Ridge 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,187,531
For more financial information, click here
Official website here: www.prospectridgeacademy.org
What is the mission statement of Prospect Ridge Academy?
Prospect Ridge Academy is dedicated to delivering a rigorous and high-quality K-12 education with a strong focus on math and science. The academy utilizes the Core Knowledge Sequence and college-preparatory programming to provide students with a comprehensive foundation for lifelong learning. In addition to academics, the institution offers opportunities for social and physical development through athletics. Prospect Ridge Academy's mission is to prepare students with the essential skills and knowledge needed to succeed in their future endeavors. The academy within the Adams 12 5 Star Schools district aims to foster intellectual curiosity and a love for learning among its students.
Official website here: www.prospectridgeacademy.org
Who is the CEO of Prospect Ridge Academy?
Krista Batchelder is the Executive Di of Prospect Ridge Academy.
Official website here: www.prospectridgeacademy.org
What is the revenue of Prospect Ridge Academy?
Prospect Ridge Academy's revenue in 2023 was $19,467,623.
Official website here: www.prospectridgeacademy.org
Who are the executives of Prospect Ridge Academy and what are their salaries?
The average compensation at Prospect Ridge Academy during 2023 was $33,288. There are 276 employees and 500 volunteers at Prospect Ridge Academy.
Here are 12 key members and their salaries:
- Compensation: $163,800
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- Other: $0
- Compensation: $147,109
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- Other: $0
- Compensation: $125,865
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- Other: $0
- Compensation: $125,725
- Related: $0
- Other: $0
- Compensation: $115,169
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.prospectridgeacademy.org
Where can I find the form 990 for Prospect Ridge Academy?
Prospect Ridge Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.prospectridgeacademy.org
Learn more at the official website: www.prospectridgeacademy.org
Mission Statement of Prospect Ridge Academy
Prospect Ridge Academy, a new and dynamic K-12 charter school, is committed to delivering a rigorous and top-notch education with a strong emphasis on math and science. Using the Core Knowledge Sequence as its foundation, this institution provides a comprehensive education, paving the way for a lifetime of learning.
In line with its mission, Prospect Ridge Academy offers a college-preparatory curriculum for its high school students. This academic approach is designed to equip students with the necessary knowledge and skills to succeed in higher education and beyond. The institution's commitment to quality education extends beyond the classroom, as it fosters social and physical development through athletics.
Prospect Ridge Academy is more than just a place of learning; it is an institution dedicated to nurturing the next generation. By incorporating the Core Knowledge Sequence and college-preparatory programming into its curriculum, Prospect Ridge Academy provides its students with a solid educational foundation that sets them up for success. This dedication to quality and innovation makes Prospect Ridge Academy an invaluable asset within the Adams 12 5 Star Schools district.
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Impact
October, 2024
Prospect Ridge Academy significantly impacts the educational landscape by providing a rigorous K-12 curriculum that emphasizes an intensified focus on math and science. By employing the Core Knowledge Sequence and integrating research-based college preparatory programming, the school lays a comprehensive foundation for lifelong learning. Students benefit from a well-rounded education that not only prioritizes academic excellence but also encourages social and physical development through athletic programs. Located in Broomfield, Colorado, this public charter school serves as a critical resource within the Adams 12 5 Star Schools district, fostering a culture of high expectations and preparing students for future challenges in a dynamic world.
This information is meant to be a general summary of Prospect Ridge 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 2023.
- Investment Income: $267
- Program Service Revenue: $16,692,326
- Gross Receipts: $19,467,623
Assets and Liabilities:
- Total Assets: $14,445,189
- Total Liabilities: $25,159,886
- Net Assets: -$10,714,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PER PUPIL REVENUE
Revenue
$13,777,234
MILL LEVY
Revenue
$2,277,373
TUITION AND FEES
Revenue
$353,372
STUDENT ACTIVITIES
Revenue
$284,347
Organization Details
Founding Year
2000
Phone
(720) 399-0300Principal Officer
Krista Batchelder
Main Address
2555 PREBLE CREEK PARKWAY, BROOMFIELD, CO, 80023
Website
www.prospectridgeacademy.orgNTEE Category
Code: B29 - Education
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