Overview
What is Gem Prep Meridian Llc?
Gem Prep Meridian Llc is a nonprofit organization located in Deary, Idaho. Their primary mission is to empower students, setting them up for success in higher education and professional technical careers. They achieve this goal by delivering a top-notch, tailored, relevant, and challenging education. Innovative technology use and collaborative partnerships with families further enhance their educational approach. The organization provides resources and support to parents who have chosen a personalized, blended learning environment for their children. As of the provided data, Gem Prep Meridian Llc employs 79 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, earning it a Two-Star out of Four Star rating.
Gem Prep Meridian Llc has received a moderate rating of 63% from Charity Navigator, indicating room for improvement in accountability and financial management. The organization demonstrates a strong governance structure, as evidenced by its 100% independent board members and comprehensive policies on conflict of interest, whistleblowing, and document retention, which contribute positively to its score.
However, the entity struggles with financial ratios, particularly the liabilities to assets ratio at 77.15%, suggesting potential concerns regarding its financial sustainability. Additionally, while its program expense ratio stands at 57.00%, reflecting a reasonable commitment to its mission, there's a significant gap in its overall financial performance. Continued efforts to improve these financial metrics will be essential for enhancing its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Gem Prep Meridian Llc legitimate?
Gem Prep Meridian Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gem Prep Meridian Llc 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: $1,792,546
For more financial information, click here
What is the mission statement of Gem Prep Meridian Llc?
Gem Prep Meridian Llc's mission is focused on preparing students for success in higher education and professional careers. They achieve this by delivering a high-quality, personalized, relevant, and rigorous education. This is accomplished through exceptional teaching methods, innovative technology usage, and active partnerships with families. The organization also provides resources and support to parents who have chosen to educate their children in a personalized, blended learning environment.
Who is the CEO of Gem Prep Meridian Llc?
Dennis Turner is the Director of Gem Prep Meridian Llc.
What is the revenue of Gem Prep Meridian Llc?
Gem Prep Meridian Llc's revenue in 2023 was $4,384,782.
Who are the executives of Gem Prep Meridian Llc and what are their salaries?
The average compensation at Gem Prep Meridian Llc during 2023 was $22,690. There are 79 employees at Gem Prep Meridian Llc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $160,409
- Other: $0
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- Related: $121,500
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Gem Prep Meridian Llc?
Gem Prep Meridian Llc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Gem Prep Meridian Llc
Gem Prep Meridian Llc, a nonprofit organization, is committed to preparing students for their future in higher education and professional technical careers. It achieves this goal by delivering a top-notch, tailored, contemporary, and challenging educational experience. The institution leverages exceptional teaching methods, innovative technology usage, and collaborative partnerships with families to ensure each student's success. Furthermore, Gem Prep Meridian Llc extends its support to the parents who have chosen to educate their children in a personalized, blended learning environment. The organization's mission is to equip parents with the necessary resources to foster their children's academic growth and development in this unique learning setting.
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Impact
July, 2024
Gem Prep Meridian Llc's impact is significant in preparing students for success in college and professional technical careers. By providing a high quality, personalized, relevant, and rigorous education through exceptional teaching, innovative uses of technology, and partnerships with families, Gem Prep Meridian Llc is equipping students with the skills and knowledge they need to excel in their future endeavors. Their mission to provide resources and support to parents who have chosen a personalized, blended learning environment underscores their commitment to individualized learning and academic excellence. This approach not only benefits the students directly involved but also has a broader impact on the community by molding well-prepared, skilled individuals ready to contribute positively to society.
This information is meant to be a general summary of Gem Prep Meridian Llc. 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: $132,057
- Program Service Revenue: $190,716
- Gross Receipts: $4,384,782
Assets and Liabilities:
- Total Assets: $12,720,375
- Total Liabilities: $9,813,841
- Net Assets: $2,906,534
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER LOCAL INCOME
Revenue
$190,716
Organization Details
Founding Year
2017
Phone
(208) 877-1513Principal Officer
Dennis Turner
Main Address
PO BOX 86, DEARY, ID, 83823
NTEE Category
Code: B20 - Education
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