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North Phoenix 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: 273322474 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is North Phoenix Preparatory Academy?

North Phoenix Preparatory Academy is a nonprofit educational institution situated in Phoenix, Arizona. Its mission is to nurture its students beyond being proficient test-takers, aiming to develop them into compassionate leaders capable of excelling in higher education and professional careers. The academy follows a classical liberal arts tradition and incorporates a revolutionary approach to education, fostering the hearts and minds of students in their quest for truth, goodness, and beauty. The curriculum at North Phoenix Preparatory Academy is designed to cultivate well-rounded individuals, empowering them to make a positive impact in their future endeavors.


Official website here: www.northphoenixprep.org/

What are the reviews and ratings of this charity?

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

North Phoenix Preparatory Academy has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The rating is derived entirely from a single beacon score, indicating a strong emphasis on financial health and governance practices. The academy's accountability score of 81 is notable, showcasing its commitment to transparency and responsible management of resources.

Strengths highlighted include the presence of a fully independent board, which has been awarded the maximum score for board independence. Additionally, the organization scored well in areas such as financial oversight with an audit committee and adherence to policies like conflict of interest and whistleblowing. The impressive program expense ratio of 85.28% indicates that a significant portion of their funding directly supports their educational programs, which is a positive sign for stakeholders.

However, the academy did face some limitations, particularly with its liabilities to assets ratio, which scored 0 out of 15 points. This suggests potential concerns regarding financial stability or asset management. Overall, while North Phoenix Preparatory Academy demonstrates strong governance and financial accountability, attention to its liabilities may be necessary for future improvement.


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

Is North Phoenix Preparatory Academy legitimate?

North Phoenix Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Phoenix 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: $110,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,325,037

For more financial information, click here


Official website here: www.northphoenixprep.org/

What is the mission statement of North Phoenix Preparatory Academy?

North Phoenix Preparatory Academy's mission is centered around preparing students to excel beyond just test-taking abilities. Their goal is to nurture great-hearted leaders capable of achieving success in higher education and professional careers. They achieve this by implementing a curriculum based on classical liberal arts traditions and adopting a revolutionary approach to education. This approach aims to cultivate the hearts and minds of students, encouraging them to pursue truth, goodness, and beauty.


Official website here: www.northphoenixprep.org/

Who is the CEO of North Phoenix Preparatory Academy?

Katherine Mcmillan is the President of North Phoenix Preparatory Academy.


Official website here: www.northphoenixprep.org/

What is the revenue of North Phoenix Preparatory Academy?

North Phoenix Preparatory Academy's revenue in 2022 was $5,035,114.


Official website here: www.northphoenixprep.org/

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

There 85 volunteers at North Phoenix Preparatory Academy.


Here are 5 key members and their salaries:


Robert Mulhern (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Tirone (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Bishop (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christofer Pereyra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinne Jacobson (Headmaster)
  • Compensation: $0
  • Related: $91,985
  • Other: $18,677


Official website here: www.northphoenixprep.org/

Where can I find the form 990 for North Phoenix Preparatory Academy?

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


Official website here: www.northphoenixprep.org/

Learn more at the official website: www.northphoenixprep.org/

Mission Statement of North Phoenix Preparatory Academy

North Phoenix Preparatory Academy, with a mission deeply rooted in the classical liberal arts tradition, seeks to prepare its students for more than just academic proficiency. The academy aims to nurture students into becoming great-hearted leaders, equipped to excel in their higher education and professional careers. Its revolutionary approach to education emphasizes the cultivation of hearts and minds, instilling in students the pursuit of truth, goodness, and beauty. By focusing on these fundamental values, North Phoenix Preparatory Academy aspires to develop well-rounded individuals who can make a significant impact in their chosen fields.

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Impact




October, 2024

North Phoenix Preparatory Academy has a profound impact on its students by focusing on their holistic development rather than merely preparing them for standardized tests. The school emphasizes cultivating great-hearted leaders who are equipped for success in higher education and their future professional lives.

With a curriculum rooted in the classical liberal arts tradition, students engage deeply in the pursuit of truth, goodness, and beauty. This approach challenges them to think critically, express themselves effectively, and develop a strong moral compass. The school's revolutionary educational model fosters not only academic excellence but also the character development necessary for leadership and responsible citizenship.

In the heart of Phoenix, North Phoenix Preparatory Academy nurtures the minds and hearts of its students, empowering them to become well-rounded individuals who will contribute positively to their communities and excel in their personal and professional journeys.




This information is meant to be a general summary of North Phoenix 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
$5,035,114 (2022)
Expenses
$4,925,067 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,090
  • Program Service Revenue: $4,306,157
  • Gross Receipts: $5,035,114

Assets and Liabilities:

  • Total Assets: $1,534,140
  • Total Liabilities: $346,054
  • Net Assets: $1,188,086

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Programs

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

STATE EQUALIZATION

Revenue

$3,741,569

CLASSROOM SITE FUNDS

Revenue

$425,758

CO-CURRICULAR ACTIVITIES

Revenue

$138,805

PSO REVENUE

Revenue

$25

Organization Details

Founding Year

2010

Principal Officer

Katherine Mcmillan

Main Address

4801 E WASHINGTON STREET SUITE 250, PHOENIX, AZ, 85034

NTEE Category

Code: B29 - Education

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