Overview
What is Capital Preparatory Schools Inc?
Capital Preparatory Schools Inc, located in Bridgeport, Connecticut, is a nonprofit organization that focuses on providing educational and management services to three charter schools: Capital Preparatory Harbor School, Capital Preparatory Harlem Charter School, and Capital Preparatory Bronx Charter School. The primary mission of Capital Preparatory Schools Inc is to ensure all students have access to a high-quality education. They achieve this by facilitating, supporting, and managing innovative and effective school models. With a workforce of 30 employees, they strive to create an educational environment that delivers excellence and equips students with the skills they need to succeed in their future endeavors.
Official website here: www.wearecapitalprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Capital Preparatory Schools Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization boasts an impressive culture and community score, indicating strong engagement and satisfaction among stakeholders. Key strengths include a fully independent board and no material diversion of assets, showcasing a commitment to ethical governance.
The financial metrics are generally favorable, with a healthy liabilities to assets ratio and a strong fundraising efficiency. However, the program expense ratio could be improved, as it indicates that a smaller proportion of expenses is allocated directly to programs. This could suggest a need for better resource allocation to maximize impact.
Overall, while Capital Preparatory Schools Inc demonstrates strong governance and community involvement, there is room for improvement in how funds are directed towards programmatic initiatives. The organization's commitment to transparency and accountability is commendable, making it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Preparatory Schools Inc legitimate?
Capital Preparatory Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Preparatory Schools 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: $1,738,618
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,149,350
For more financial information, click here
Official website here: www.wearecapitalprep.org
What is the mission statement of Capital Preparatory Schools Inc?
Capital Preparatory Schools Inc's mission is centered around providing quality education to all students. They accomplish this by promoting and supporting the establishment, operation, and management of innovative and effective educational models. This organization strives to make a significant impact on various schools, as evidenced by their involvement with Capital Preparatory Harbor School, Capital Preparatory Harlem Charter School, and Capital Preparatory Bronx Charter School.
Official website here: www.wearecapitalprep.org
Who is the CEO of Capital Preparatory Schools Inc?
Dr Stephen Perry is the Chief Financial Officer of Capital Preparatory Schools Inc. The CEO's salary of Capital Preparatory Schools Inc is $212,411 and their total compensation is $245,697.
Official website here: www.wearecapitalprep.org
What is the revenue of Capital Preparatory Schools Inc?
Capital Preparatory Schools Inc's revenue in 2022 was $5,558,972.
Official website here: www.wearecapitalprep.org
Who are the executives of Capital Preparatory Schools Inc and what are their salaries?
The average compensation at Capital Preparatory Schools Inc during 2022 was $129,599. There are 30 employees and 4 volunteers at Capital Preparatory Schools Inc.
Here are 16 key members and their salaries (Capital Preparatory Schools Inc's CEO's salary is $212,411 and their total compensation is $245,697):
- Compensation: $212,411
- Related: $0
- Other: $35,637
- Compensation: $212,411
- Related: $0
- Other: $34,521
- Compensation: $212,411
- Related: $0
- Other: $33,286
- Compensation: $179,331
- Related: $0
- Other: $16,870
- Compensation: $166,345
- Related: $0
- Other: $15,584
- Compensation: $166,698
- Related: $0
- Other: $12,463
- Compensation: $143,563
- Related: $0
- Other: $16,471
- Compensation: $138,418
- Related: $0
- Other: $14,995
- Compensation: $127,619
- Related: $0
- Other: $18,367
- Compensation: $129,607
- Related: $0
- Other: $15,758
- Compensation: $129,533
- Related: $0
- Other: $14,625
- Compensation: $111,872
- Related: $0
- Other: $8,468
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wearecapitalprep.org
Where can I find the form 990 for Capital Preparatory Schools Inc?
Capital Preparatory Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wearecapitalprep.org
Learn more at the official website: www.wearecapitalprep.org
Mission Statement of Capital Preparatory Schools Inc
Capital Preparatory Schools Inc is committed to providing all students with access to a high-quality education. To achieve this mission, the organization facilitates and supports the creation, operation, and management of innovative and effective school models. By doing so, Capital Preparatory Schools Inc aims to provide a top-notch educational experience for its students, striving to make a significant impact on their academic and personal growth. The nonprofit has demonstrated its dedication to this mission by offering educational and management services to various schools, including Capital Preparatory Harbor School, Capital Preparatory Harlem Charter School, and Capital Preparatory Bronx Charter School. These schools, under Capital Preparatory Schools Inc's guidance, strive to provide an exceptional learning environment that fosters academic excellence and personal development.
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Impact
July, 2024
Capital Preparatory Schools Inc's impact is evident through its commitment to providing all students access to a high-quality education. By facilitating and supporting the creation, operation, and management of innovative and effective school models, such as Capital Preparatory Harbor School, Capital Preparatory Harlem Charter School, and Capital Preparatory Bronx Charter School, this organization is playing a crucial role in transforming the education landscape. Through its dedication to educational excellence, Capital Preparatory Schools Inc is contributing to the academic success and future prospects of countless students in Bridgeport, CT, and beyond.
This information is meant to be a general summary of Capital Preparatory Schools 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: $2,948,642
- Gross Receipts: $5,558,972
Assets and Liabilities:
- Total Assets: $6,887,925
- Total Liabilities: $1,662,198
- Net Assets: $5,225,727
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$2,948,642
Organization Details
Founding Year
2012
Phone
(917) 838-3684Principal Officer
Dr Stephen Perry
Main Address
777 MAIN STREET, BRIDGEPORT, CT, 06604
Website
www.wearecapitalprep.orgNTEE Category
Code: B02 - Education
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