Overview
What is Akron Preparatory School?
Akron Preparatory School is a nonprofit institution situated in Akron, Ohio, with an address at 1200 East Market St Ste 3360. Their primary focus is on providing a comprehensive education, dedicating 120 minutes daily to Reading and Mathematics, and at least 60 minutes to Writing and Social Sciences. Employing a research-based program aligned with the Ohio Common Core, they incorporate strategies that boost oral reading fluency, vocabulary, effective questioning, and reading comprehension across all subjects. The school aims to prepare its students for a college-preparatory high school, ultimately ensuring their graduation from a four-year college, and fostering a culture of high expectations for both behavior and academic achievement. The school's vision is to contribute positively to local communities and make a global impact, with the goal that 100% of its graduates achieve this.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Akron Preparatory School received a two-star rating from Charity Navigator, indicating significant room for improvement in its overall financial health and accountability. The organization scored well in areas such as having a majority of independent board members, effective audit oversight, and maintaining various important policies, reflecting a commitment to governance.
However, the nonprofit faced challenges in its financial metrics, particularly with a low score on liabilities to assets, fundraising efficiency, and working capital ratios. These areas highlight potential financial instability and inefficiencies in generating funds, which could impact the organization's ability to sustain its programs effectively.
Overall, while Akron Preparatory School demonstrates strong governance practices, its financial performance and sustainability require attention to ensure long-term viability and service delivery. Addressing these limitations could help improve its rating and overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Akron Preparatory School legitimate?
Akron Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Akron Preparatory School 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: $1,344,587
For more financial information, click here
What is the mission statement of Akron Preparatory School?
Akron Preparatory School's mission is centered around preparing its students for a successful transition to a college preparatory high school. The school aims to foster an environment of high academic and behavioral expectations, utilizing rigorous and research-based curricula. The ultimate goal is for Akron Preparatory School graduates to attend a college preparatory high school and eventually secure acceptance and graduation from a four-year college. The school expects its alumni to contribute positively to their local communities and make a significant impact on the global society.
Who is the CEO of Akron Preparatory School?
C David Massa is the Board President of Akron Preparatory School.
What is the revenue of Akron Preparatory School?
Akron Preparatory School's revenue in 2022 was $4,783,320.
Who are the executives of Akron Preparatory School and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
Where can I find the form 990 for Akron Preparatory School?
Akron Preparatory School's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Akron Preparatory School
Akron Preparatory School's mission is centered around preparing its students for a successful journey in a college preparatory high school. Their ultimate goal is to ensure that each student graduates from a four-year college. The school strives to establish a culture that fosters high expectations in both behavior and academics. They achieve this through the implementation of rigorous, research-based curricula, with a strong focus on academic achievement. The vision for Akron Preparatory School scholars is that they will attend a college preparatory high school, ultimately securing acceptance and graduation from a four-year college. It is expected that 100% of Akron Preparatory School graduates will contribute positively to their local communities and make a significant impact on our global society.
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Impact
July, 2024
Akron Preparatory School's impact is seen through its commitment to preparing students for college preparatory education, equipping them with the skills and knowledge necessary for success and graduation from a four-year college. The school's rigorous and research-based curriculum, aligned with the Ohio Common Core standards, focuses on fostering high academic expectations and behavior among students. By providing daily instruction in core subjects such as Reading, Mathematics, Writing, and Social Sciences, Akron Preparatory School aims to empower its scholars to excel academically and achieve their full potential. The school's vision of creating a culture of achievement and excellence ensures that 100% of its graduates are prepared to make positive contributions to their communities and the global society.
This information is meant to be a general summary of Akron Preparatory School. 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.
- Gross Receipts: $4,783,320
Assets and Liabilities:
- Total Assets: $1,752,209
- Total Liabilities: $3,628,397
- Net Assets: -$1,876,188
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Organization Details
Founding Year
2013
Phone
(216) 453-4558Principal Officer
C David Massa
Main Address
1200 East Market St Ste 3360, Akron, OH, 44316
NTEE Category
Code: B25 - Education
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