Overview
What is Atlas Preparatory Academy Inc?
Atlas Preparatory Academy Inc is a nonprofit institution situated in Milwaukee, Wisconsin, with a primary focus on offering a multicultural educational program. Serving around 491 full-time students, it provides an educational environment that caters to the academic, social, and emotional needs of its students. The academy's mission is grounded in mutual respect, fostering an inclusive atmosphere where various cultures coexist. To make education accessible, the academy offers tuition waiver scholarships for 15 students and participates in the Milwaukee Parental Choice Program, providing financial aid to low-income families. With a workforce of 58 individuals, Atlas Preparatory Academy is committed to shaping the future of its students in a diverse and respectful learning environment.
Official website here: www.atlasprep.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
Atlas Preparatory Academy Inc has received an 81% rating from Charity Navigator, earning it a Three-Star out of Four Stars designation. This score reflects a strong emphasis on accountability and finance, indicating the organization is financially responsible and transparent in its operations. The high score in this category is significant as it suggests that the nonprofit effectively manages its funds and maintains a commitment to reporting and oversight.
The organization excels in several specific areas, achieving full points for key practices such as financial audits, material diversion of assets, and having necessary policies in place, including conflict of interest and whistleblower policies. Additionally, a remarkable program expense ratio of 94.52% demonstrates that a substantial portion of their funds is dedicated directly to their programs, indicating a commitment to maximizing impact.
However, while the overall financial accountability is commendable, the score is based solely on this single beacon score. There may be other aspects of the organization’s operations or impact not fully captured by the current rating system. Therefore, potential donors and supporters should consider seeking additional information about the academy's programs and community outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Atlas Preparatory Academy Inc legitimate?
Atlas Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlas Preparatory Academy 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: $134,639
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,811,600
For more financial information, click here
Official website here: www.atlasprep.net
What is the mission statement of Atlas Preparatory Academy Inc?
Atlas Preparatory Academy Inc's mission is centered around providing an educational program that caters to the academic, social, and emotional needs of its students. This is done in a multicultural environment, fostering mutual respect among the students. The academy's mission is to create an engaging learning environment where students can thrive. It is committed to serving a diverse student body, offering tuition waiver scholarships to 15 students and providing tuition assistance to low-income families through the Milwaukee Parental Choice Program.
Official website here: www.atlasprep.net
Who is the CEO of Atlas Preparatory Academy Inc?
Michelle G Lukacs is the Pres/Exec Dir of Atlas Preparatory Academy Inc.
Official website here: www.atlasprep.net
What is the revenue of Atlas Preparatory Academy Inc?
Atlas Preparatory Academy Inc's revenue in 2022 was $5,094,955.
Official website here: www.atlasprep.net
Who are the executives of Atlas Preparatory Academy Inc and what are their salaries?
The average compensation at Atlas Preparatory Academy Inc during 2022 was $33,556. There are 58 employees at Atlas Preparatory Academy Inc.
Here are 3 key members and their salaries:
- Compensation: $131,255
- Related: $0
- Other: $12,823
- Compensation: $110,005
- Related: $0
- Other: $6,673
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.atlasprep.net
Where can I find the form 990 for Atlas Preparatory Academy Inc?
Atlas Preparatory Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.atlasprep.net
Learn more at the official website: www.atlasprep.net
Mission Statement of Atlas Preparatory Academy Inc
Atlas Preparatory Academy, an institution dedicated to education, strives to create a learning environment that caters to the diverse academic, social, and emotional needs of its students. The academy operates within a multicultural setting, fostering mutual respect among its pupils. The primary objective of Atlas Preparatory Academy is to engage its students in educational experiences that are tailored to their unique requirements, promoting a well-rounded development.
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Impact
July, 2024
Atlas Preparatory Academy Inc's impact is significant in providing an educational program that meets the academic, social, and emotional needs of its students in a multicultural environment based on mutual respect. By enrolling an average of 491 full-time students, offering tuition waiver scholarships to 15 students, and participating in the Milwaukee Parental Choice Program to assist low-income students, Atlas Preparatory Academy is making education accessible and beneficial to a diverse group of learners in Milwaukee, WI. Their commitment to fostering a supportive and inclusive educational environment contributes positively to the community and helps prepare students for future success.
This information is meant to be a general summary of Atlas Preparatory Academy 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.
- Investment Income: $3,101
- Program Service Revenue: $4,401,701
- Gross Receipts: $5,094,955
Assets and Liabilities:
- Total Assets: $4,239,464
- Total Liabilities: $266,741
- Net Assets: $3,972,723
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$177,556
School Tuition
Revenue
$4,224,145
Organization Details
Founding Year
2001
Phone
(414) 385-0771Principal Officer
Michelle G Lukacs
Main Address
1039 E Russell Ave, Milwaukee, WI, 53207
Website
www.atlasprep.netNTEE Category
Code: B24 - Education
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