Overview
What is The Prep Inc?
The Prep Inc, situated in Tampa, Florida, is a nonprofit organization dedicated to empowering youth through team sports, personal training, and education. By promoting baseball, softball, and basketball as recreational and competitive development activities, they offer equal opportunities for boys and girls in the Greater Tampa Bay Area, fostering their individual skills and abilities. The organization provides coaching, skills training, and adheres to the proper rules and regulations of each sport. Through good sportsmanship and respect for players, coaches, officials, and administrators, they instill valuable life lessons. The Prep Inc also offers personal training, focusing on effective exercise forms, innovative workout routines, and nutrition planning to improve an athlete's health, wellness, and performance. Moreover, they provide academic mentoring services and educational opportunities through tutoring, nutritional seminars, and team-building workshops, contributing to the overall growth and development of the youth in their community.
Official website here: www.theprepofsouthtampa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating.
The Prep Inc demonstrates a solid commitment to transparency and financial management, as indicated by a high Program Expense Ratio of 98.83%, which shows that nearly all funds are directed toward its charitable programs. The organization has a fully independent board, earning full points for both board member independence and size. Additionally, it has successfully avoided any material diversion of assets, showcasing a strong control over its financial practices.
However, there are notable areas for improvement, particularly regarding governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy has impacted its accountability score. Furthermore, the lack of a posted tax form on its website may hinder transparency for potential donors and stakeholders, contributing to its overall Two-Star rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Prep Inc legitimate?
The Prep Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Prep Inc 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: $0
For more financial information, click here
Official website here: www.theprepofsouthtampa.org
What is the mission statement of The Prep Inc?
The Prep Inc's mission is centered around promoting and fostering the growth of youth, primarily through team sports such as baseball, softball, and basketball. This organization provides equal opportunities for boys and girls in the greater Tampa Bay area to participate at their individual skill and ability levels. They offer coaching and skills training under the proper rules and regulations of these sports, promoting good sportsmanship and respect. The Prep Inc also creates enhanced opportunities for young athletes to participate in leagues, tournaments, and competitive events to improve their skills. In addition, they offer personal training focused on youth and adult exercise, effective workout routines, modalities like CrossFit and Muscle Confusion, and nutrition planning. Lastly, they provide academic mentoring services and deliver educational opportunities through academic tutoring, nutritional seminars, and team-building workshops.
Official website here: www.theprepofsouthtampa.org
Who is the CEO of The Prep Inc?
Ron Salzman is the Executive Di of The Prep Inc.
Official website here: www.theprepofsouthtampa.org
What is the revenue of The Prep Inc?
The Prep Inc's revenue in 2022 was $1,436,350.
Official website here: www.theprepofsouthtampa.org
Who are the executives of The Prep Inc and what are their salaries?
There are 6 employees and 25 volunteers at The Prep Inc.
Here are 4 key members and their salaries:
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Official website here: www.theprepofsouthtampa.org
Where can I find the form 990 for The Prep Inc?
The Prep Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theprepofsouthtampa.org
Learn more at the official website: www.theprepofsouthtampa.org
Mission Statement of The Prep Inc
The Prep Inc, a nonprofit organization, is dedicated to promoting and fostering the growth of youth in the greater Tampa Bay area. They achieve this through team sports, personal training, and education, providing equal opportunities for participation at individual skill and ability levels. The organization offers coaching and skills training for baseball, softball, and basketball teams, adhering to the rules and regulations of the sports.
The Prep Inc also encourages good sportsmanship and respect for all involved, including players, coaches, officials, and administrators. They create enhanced opportunities for young athletes by enabling them to participate in leagues, tournaments, and competitive events. This empowers athletes to develop their skills to their full potential.
Beyond sports, The Prep Inc offers personal training focused on youth and adult exercise, providing effective and innovative workout routines, modalities, and nutrition planning to enhance health, wellness, and efficacy. Additionally, they provide academic mentoring services and deliver educational opportunities through academic tutoring, nutritional seminars, and team-building workshops.
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Impact
July, 2024
The Prep Inc has a significant impact on the youth in the greater Tampa Bay area. By promoting and fostering growth through team sports, personal training, and education, The Prep Inc provides young boys and girls with opportunities to develop both physically and academically. Through its focus on baseball, softball, and basketball, the organization not only helps young athletes enhance their skills but also instills values of good sportsmanship and respect.
Furthermore, The Prep Inc offers personal training services that go beyond just physical exercise, emphasizing proper form, innovative workout routines, and nutrition planning for overall health and wellness. By providing academic mentoring and educational opportunities such as tutoring, nutritional seminars, and team-building workshops, the organization ensures that the youth they serve have access to resources that support their holistic development.
Overall, The Prep Inc's impact extends beyond the realm of sports, making a difference in the lives of young individuals by equipping them with the tools and values necessary for success both on and off the field.
This information is meant to be a general summary of The Prep Inc. 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.
- Program Service Revenue: $1,190,701
- Gross Receipts: $1,436,350
Assets and Liabilities:
- Total Assets: $496,424
- Total Liabilities: $0
- Net Assets: $496,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,190,701
Organization Details
Founding Year
2013
Principal Officer
Ron Salzman
Main Address
45 DAVIS BLVD, TAMPA, FL, 33606
Website
www.theprepofsouthtampa.orgNTEE Category
Code: N99 - Recreation
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