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Stem Preparatory Academy

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

EIN: 272163445 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Stem Preparatory Academy?

The Stem Preparatory Academy is a nonprofit educational institution located in Nashville, Tennessee, with an address at 1162 Foster Avenue in the ZIP code 37211. Established ten years ago, the academy has been committed to serving the South Nashville community by providing a college preparatory education with a focus on Science, Technology, Engineering, and Mathematics (STEM) for students from fifth to twelfth grade. Stem Prep's unique and diverse student population has seen outstanding academic results, with the school leading the way in academic performance across all subject areas throughout the state. Notably, English learners achieve language proficiency in an average of one to two years, compared to the five to seven years it takes in district programs. With a team of 155 employees, the academy has accounted for 100% of the "Excelling" seats in the cluster, as determined by the school district's academic performance framework. For more information about Stem Prep's 2022 academic accomplishments, please contact the Executive Director, Dr. Kristin McGraner, using the provided address or telephone number.


Official website here: www.stemprepacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Stars)

Stem Preparatory Academy has received an overall score of 87%, reflecting strong accountability and financial practices. The rating is based solely on the Accountability & Finance beacon, where the organization excels with no material diversions of assets and comprehensive oversight mechanisms in place, including an independent board and rigorous financial audits.

The Academy has an impressive governance structure, with 100% of board members being independent and a high level of transparency in its financial reporting. It demonstrates strong adherence to policies regarding conflicts of interest and whistleblower protections, contributing to its favorable financial integrity score.

However, while the program expense ratio is commendable at 66.67%, there is room for improvement in maximizing the allocation of resources towards its programs, as reflected in a score of 21 out of 25 in that area. Overall, Stem Preparatory Academy showcases a solid foundation of accountability and effective financial management.


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

What do the Facebook reviews say about Stem Preparatory Academy?

86% of 48 reviewers on Facebook recommend Stem Preparatory Academy. Here’s an overview of their opinions:

Many reviewers express a positive sentiment towards the academy, highlighting it as a great school for newcomers to the U.S. The supportive environment and educational offerings are frequently mentioned, making it a favorable option for families seeking a quality education.

Overall, the sentiment reflects satisfaction with the academy's commitment to its students and the welcoming atmosphere it provides, particularly for those who are recently relocating.


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

Is Stem Preparatory Academy legitimate?

Stem Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stem Preparatory 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: $146,809
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,177,059

For more financial information, click here


Official website here: www.stemprepacademy.org

What is the mission statement of Stem Preparatory Academy?

The Stem Preparatory Academy is dedicated to providing a college-preparatory education with a strong focus on science, technology, engineering, and mathematics for fifth to twelfth grade students. This institution has established a reputation for academic excellence, achieving outstanding results across all subject areas with remarkable fiscal efficiency. Stem Preparatory Academy has consistently claimed 100% of the "Excelling" seats in the cluster, as determined by the academic performance framework. English learners typically gain language proficiency within one to two years at Stem Preparatory Academy, compared to five to seven years in district EL programs. Despite changes over the years, the academy's commitment to its students and their families remains unwavering.


Official website here: www.stemprepacademy.org

Who is the CEO of Stem Preparatory Academy?

Charlie Williams is the Board Director of Stem Preparatory Academy.


Official website here: www.stemprepacademy.org

What is the revenue of Stem Preparatory Academy?

Stem Preparatory Academy's revenue in 2022 was $16,250,518.


Official website here: www.stemprepacademy.org

Who are the executives of Stem Preparatory Academy and what are their salaries?

The average compensation at Stem Preparatory Academy during 2022 was $53,702. There are 155 employees and 10 volunteers at Stem Preparatory Academy.


Here are 8 key members and their salaries:


Dr Marilyn Odom (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohammed Shukri (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Szeigis (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Julie Hudson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marees Choppin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mara Rivera (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Davis (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kristin Mcgraner (Executive Director)
  • Compensation: $146,909
  • Related: $0
  • Other: $0


Official website here: www.stemprepacademy.org

Where can I find the form 990 for Stem Preparatory Academy?

Stem Preparatory Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stemprepacademy.org

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

Mission Statement of Stem Preparatory Academy

Stem Preparatory Academy, a college preparatory institution in Nashville, is dedicated to educating fifth through twelfth grade students with a strong emphasis on Science, Technology, Engineering, and Mathematics (STEM). The academy's mission is to provide an exceptional educational experience that integrates STEM subjects into the curriculum, fostering the next generation of innovators and problem-solvers.

Since its inception, Stem Preparatory Academy has been committed to serving a diverse student body and has achieved remarkable academic results. The academy's success can be seen in its outstanding performance across all subject areas, outperforming peer schools statewide. Stem Preparatory Academy has also accounted for 100% of the "Excelling" seats in the district's academic performance framework. English learners at the academy have achieved language proficiency an average of one to two years, compared to five to seven years in district EL programs.

Stem Preparatory Academy's dedication to academic excellence is matched by its unwavering commitment to fiscal efficiency. With a focus on providing the best educational opportunities for its students, the academy has established a strong reputation for achieving outstanding results in a cost-effective manner. Stem Preparatory Academy continues to be a leader in its field, shaping the future of its students and contributing to the development of the wider community.

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Impact




October, 2024

Stem Preparatory Academy significantly impacts the South Nashville community by providing a college preparatory education with a strong emphasis on science, technology, engineering, and mathematics (STEM) for students in grades five through twelve. Celebrating a decade of service in 2021, the academy has maintained a steadfast commitment to its diverse student population and their families.

The school has established a remarkable track record of academic excellence, consistently outperforming peer institutions across the state in all subject areas. This is evident in its status of holding 100% of the "excelling" seats in its cluster based on the school district's academic performance framework. Additionally, the academy has demonstrated impressive results in language acquisition, with English learners typically achieving proficiency in just one to two years, a stark contrast to the five to seven years often required in other district programs.

Overall, Stem Preparatory Academy serves as a vital educational resource in South Nashville, contributing positively to student success and community development through its focused and efficient approach to learning.




This information is meant to be a general summary of Stem Preparatory 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.

Revenue
$16,250,518 (2022)
Expenses
$14,533,871 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $161,320
  • Gross Receipts: $16,250,518

Assets and Liabilities:

  • Total Assets: $21,886,725
  • Total Liabilities: $12,671,735
  • Net Assets: $9,214,990

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Programs

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

MISCELLANEOUS

Revenue

$120,528

PROGRAM SERVICE FEES

Revenue

$40,792

Organization Details

Founding Year

2010

Principal Officer

Charlie Williams

Main Address

1162 FOSTER AVENUE, NASHVILLE, TN, 37211

NTEE Category

Code: B29 - Education

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