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North East Carolina Preparatory School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454784236 ✦ Tarboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is North East Carolina Preparatory School Inc?

North East Carolina Preparatory School Inc, located in Tarboro, North Carolina, functions as a public charter school providing education to students in grades K-12. With a team of 198 employees, they offer essential facilities, teachers, and learning materials for their students. The nonprofit is dedicated to delivering quality education, ensuring a nurturing environment for academic growth.


Official website here: www.necprepschool.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating from Charity Navigator.

North East Carolina Preparatory School Inc has received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The score is derived solely from the organization's accountability and finance metrics, underscoring its commitment to transparency and responsible management of resources. With a focus on accountability, the nonprofit achieved full marks for having an entirely independent board, demonstrating strong governance practices.

The organization has also excelled in various financial oversight components, including a robust audit and oversight committee, which received a perfect score. Additionally, it shows a commendable program expense ratio of 74.5%, indicating that a significant portion of its funds is directed towards its educational programs. However, the score reflects some concerns with its liabilities to assets ratio, which was notably low, suggesting potential financial risks that could impact future operations.

While North East Carolina Preparatory School Inc shows strong accountability practices, the financial metrics warrant close attention. Overall, its transparency and governance make it a reliable organization, but stakeholders should consider the financial health indicators when assessing its long-term sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is North East Carolina Preparatory School Inc legitimate?

North East Carolina Preparatory School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North East Carolina Preparatory School 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: $5,526,446

For more financial information, click here


Official website here: www.necprepschool.com

What is the mission statement of North East Carolina Preparatory School Inc?

North East Carolina Preparatory School Inc is a public charter school catering to students in grades K-12. The institution is dedicated to providing the necessary facilities, teachers, and educational materials for its pupils. Its primary goal is to create a conducive learning environment that enables students to reach their full potential. By focusing on superior education, the school aims to prepare its students for future success and contribute positively to their communities. The school's commitment extends beyond the classroom, offering various support services to ensure the holistic growth and development of its students.


Official website here: www.necprepschool.com

Who is the CEO of North East Carolina Preparatory School Inc?

Dr Mark Cockrell is the Executive Di of North East Carolina Preparatory School Inc.


Official website here: www.necprepschool.com

What is the revenue of North East Carolina Preparatory School Inc?

North East Carolina Preparatory School Inc's revenue in 2022 was $15,904,746.


Official website here: www.necprepschool.com

Who are the executives of North East Carolina Preparatory School Inc and what are their salaries?

The average compensation at North East Carolina Preparatory School Inc during 2022 was $27,911. There are 198 employees and 50 volunteers at North East Carolina Preparatory School Inc.


Here are 8 key members and their salaries:


William Etheridge (Executive Di)
  • Compensation: $101,490
  • Related: $0
  • Other: $0
Davis Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Archer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Knight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Mann (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beatriz Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mark Cockrell (Incoming Exe)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.necprepschool.com

Where can I find the form 990 for North East Carolina Preparatory School Inc?

North East Carolina Preparatory School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.necprepschool.com

Learn more at the official website: www.necprepschool.com

Mission Statement of North East Carolina Preparatory School Inc

North East Carolina Preparatory School Inc, a public charter school, is dedicated to providing education for students in grades K-12. This institution, located in Tarboro, North Carolina, is on a mission to equip its students with the necessary facilities, teachers, and materials to foster their learning journey. Through its commitment to academic excellence, North East Carolina Preparatory School aims to create an environment conducive to intellectual growth and personal development. The school's mission goes beyond just providing education, as it seeks to empower young minds and prepare them for their future endeavors. With a focus on student success, North East Carolina Preparatory School is more than just a place of learning; it is a community that nurtures the next generation of thinkers and innovators.

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Impact




October, 2024

North East Carolina Preparatory School Inc has significantly impacted the educational landscape in Tarboro, North Carolina, by providing quality educational opportunities for students in grades K-12. The school offers a structured environment that combines dedicated facilities, experienced teachers, and comprehensive educational materials to foster student learning and development.

By serving the local community, North East Carolina Preparatory School creates an accessible avenue for families seeking alternative education options within the public charter framework. Its mission focuses on empowering students with the skills and knowledge necessary for academic success and personal growth. The school's commitment to education not only enhances the individual potential of its students but also contributes positively to the broader community by nurturing well-rounded, informed young citizens.




This information is meant to be a general summary of North East Carolina Preparatory School 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.

Revenue
$15,904,746 (2022)
Expenses
$14,280,275 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,697
  • Program Service Revenue: $37,334
  • Gross Receipts: $18,042,518

Assets and Liabilities:

  • Total Assets: $43,269,544
  • Total Liabilities: $40,323,154
  • Net Assets: $2,946,390

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BEFORE/AFTER SCHOOL CARE

Revenue

$30,043

FOOD SERVICE

Revenue

$7,291

Organization Details

Founding Year

2011

Principal Officer

Dr Mark Cockrell

Main Address

274 HUSKY TRAIL, TARBORO, NC, 27886

NTEE Category

Code: B29 - Education

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