Overview
What is University Of Cleveland Preparatory School?
University of Cleveland Preparatory School is a nonprofit institution situated at 1906 E 40th Street, Cleveland, Ohio 44103. Its primary mission is to foster an environment of academic excellence and behavioral standards through a meticulously designed, evidence-based curriculum. The school aims to nurture its students, with the goal of their successful transition to college preparatory high schools and eventual graduation from a four-year college. The institution holds a strong belief in the potential of its students, expecting 100% of its graduates to make a positive impact in their local communities and contribute to society at large.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The University of Cleveland Preparatory School has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 67%. While the organization excels in accountability and finance, achieving a perfect score of 100%, it is hindered by significant financial ratios, particularly a liabilities to assets ratio of 233.20% and a working capital ratio of -1.16 years, which raises concerns about its financial health.
Strengths of the organization include a fully independent board of directors, excellent oversight of financial statements, and the implementation of essential policies such as conflict of interest and whistleblower protections. These factors demonstrate a commitment to transparency and good governance, which are critical for any nonprofit's credibility and effectiveness.
However, the financial challenges indicated by the high liabilities ratio suggest that the University of Cleveland Preparatory School may face difficulties in maintaining its operations and fulfilling its mission. This financial strain could impact its ability to sustain programs and serve its community effectively in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Cleveland Preparatory School legitimate?
University Of Cleveland Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Cleveland Preparatory 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,224,130
For more financial information, click here
What is the mission statement of University Of Cleveland Preparatory School?
The University of Cleveland Preparatory School's mission is centered around preparing its students for a college preparatory high school. This mission is aimed at ensuring the students' success, graduation, and acceptance into a four-year college. The school's vision involves establishing a culture of high expectations for both behavior and academics. This is achieved through a rigorous, research-based curriculum and a strong focus on achievement. The ultimate goal is for students to graduate from the eighth grade, proceed to a college preparatory high school, and eventually graduate from a four-year college. It is expected that 100% of graduates will contribute positively to their local communities and make a significant impact on the global society.
Who is the CEO of University Of Cleveland Preparatory School?
C David Massa is the Board Member of University Of Cleveland Preparatory School.
What is the revenue of University Of Cleveland Preparatory School?
University Of Cleveland Preparatory School's revenue in 2022 was $3,485,678.
Who are the executives of University Of Cleveland Preparatory School and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $1,160
- Related: $0
- Other: $0
- Compensation: $1,160
- Related: $0
- Other: $0
- Compensation: $1,160
- Related: $0
- Other: $0
- Compensation: $1,160
- Related: $0
- Other: $0
- Compensation: $928
- Related: $0
- Other: $0
Where can I find the form 990 for University Of Cleveland Preparatory School?
University Of Cleveland Preparatory School's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Of Cleveland Preparatory School
University of Cleveland Preparatory School is committed to a mission that aims to prepare its students for a challenging college preparatory high school. This mission is designed to ensure the students' success, leading to their graduation and acceptance into a four-year college. The school strives to establish a culture of high expectations, encompassing both behavior and academics, through the implementation of a rigorous and research-based curriculum. The ultimate goal is for the students to graduate from the eighth grade, transition seamlessly into a college preparatory high school, and eventually earn a degree from a four-year college. The expectation is that all graduates will make a significant impact in their local communities and contribute positively to our global society.
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Impact
October, 2024
University of Cleveland Preparatory School significantly impacts its students and the broader community by fostering a culture of high expectations and academic achievement. Through a rigorous, research-based curriculum, the school equips students with the skills and knowledge necessary to transition successfully to college preparatory high schools. This foundational preparation not only aims to ensure that all students graduate from eighth grade but also positions them for acceptance into and graduation from four-year colleges.
The school's commitment to excellence extends beyond individual academic success; it instills a sense of civic responsibility in its students. By nurturing future leaders who are expected to enact positive change in their local communities and contribute to global society, University of Cleveland Preparatory School plays a vital role in shaping not only the lives of its students but also the future of the community as a whole. This holistic approach to education emphasizes both personal growth and the importance of societal contributions, aiming for 100% of graduates to make a meaningful impact in their surroundings.
This information is meant to be a general summary of University Of Cleveland Preparatory 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.
- Gross Receipts: $3,485,678
Assets and Liabilities:
- Total Assets: $2,354,070
- Total Liabilities: $6,058,695
- Net Assets: -$3,704,625
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Organization Details
Founding Year
2011
Principal Officer
C David Massa
Main Address
1906 E 40th Street, Cleveland, OH, 44103
NTEE Category
Code: B29 - Education
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