Purpose Preparatory Academy Inc

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

EIN: 460693776 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Purpose Preparatory Academy Inc?

Purpose Preparatory Academy Inc, located in Nashville, Tennessee, is a dedicated elementary school that provides an academically challenging and disciplined environment for children. Its primary focus is on fostering essential literacy skills through targeted and rigorous instruction in core subjects, tailored to meet each scholar's academic needs. Emphasizing positive character development, the school instills the School's RISE with Purpose values of purpose, respect, integrity, self-determination, and excellence, holding students accountable for demonstrating exemplary behavior. The nonprofit's mission is to ensure that kindergarten through grade four students acquire the necessary academic skills, knowledge, and ethical foundation to set them on the path to college.


Official website here: www.purposeprep.org

What are the reviews and ratings of this charity?

**Rating: 70% (Two-Star out of Four Star Rating on Charity Navigator)**

Purpose Preparatory Academy Inc. has received a 70% rating from Charity Navigator, indicating a Two-Star classification. This score primarily reflects their financial accountability and governance practices. Notably, the organization scores high in areas such as having a majority of independent board members and a transparent conflict of interest policy, which bodes well for financial trustworthiness.

However, there are significant limitations in the data that affect the overall rating. The organization has not submitted financial statements, which resulted in a low score in that category. Furthermore, aspects critical to evaluating the charity's effectiveness—such as Impact & Measurement, Culture & Community, and Leadership & Adaptability—could not be assessed, leading to gaps in understanding the organization's overall impact.

As for user reviews, there were no reviews available from GreatNonprofits to provide further insights into public sentiment. This leaves a gap in perspectives regarding the experiences of individuals or communities served by the academy.


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

What do the Facebook reviews say about Purpose Preparatory Academy Inc?

94% of 35 reviewers on Facebook recommend Purpose Preparatory Academy Inc. Here is a summary of their reviews:

Many parents express strong enthusiasm for the educational quality at Purpose Preparatory Academy, emphasizing that it provides an exceptional elementary education. The positive remarks highlight the school's effective teaching methods and the positive environment for students. One review particularly underscores the reliability of the data supporting the academy's success, suggesting that prospective parents should explore the school's website for more information.

Overall, there is a clear sentiment of satisfaction among parents, who feel confident in the academy's ability to meet their children's educational needs. The consistent praise indicates that Purpose Preparatory Academy effectively delivers on its promise for a top-notch learning experience.


This AI summary has been generated from reviews found on Facebook.

Is Purpose Preparatory Academy Inc legitimate?

Purpose Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Purpose 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: $140,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,430,742

For more financial information, click here


Official website here: www.purposeprep.org

What is the mission statement of Purpose Preparatory Academy Inc?

Purpose Preparatory Academy Inc, through its rigorous curriculum, high-quality instruction, and positive character development, aims to ensure that all kindergarten to grade four students acquire the necessary academic skills, knowledge, and ethical foundation to set them on the path to college. The academy provides an academically challenging, disciplined, and joyful elementary school experience for Nashville's children. With a strong focus on literacy skills, Purpose Prep offers targeted and rigorous instruction in each core subject to meet the academic needs of each scholar. The academy holds scholars accountable for demonstrating excellent behavior by teaching them the character skills necessary for their success, specifically aligning with the school's RISE with Purpose values – purpose, respect, integrity, self-determination, and excellence.


Official website here: www.purposeprep.org

Who is the CEO of Purpose Preparatory Academy Inc?

Lagra Newman is the Chair of Purpose Preparatory Academy Inc.


Official website here: www.purposeprep.org

What is the revenue of Purpose Preparatory Academy Inc?

Purpose Preparatory Academy Inc's revenue in 2022 was $7,881,900.


Official website here: www.purposeprep.org

Who are the executives of Purpose Preparatory Academy Inc and what are their salaries?


Here are 13 key members and their salaries:


Charlandra Watson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Gooch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Norton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Hancock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jerri Haynes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Henley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rohit Padmanabhan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Domonique Townsend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Brown (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Mitchell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryann Casey (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lagra Newman (Head Of School)
  • Compensation: $136,132
  • Related: $0
  • Other: $3,595


Official website here: www.purposeprep.org

Where can I find the form 990 for Purpose Preparatory Academy Inc?

Purpose Preparatory Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.purposeprep.org

Learn more at the official website: www.purposeprep.org

Mission Statement of Purpose Preparatory Academy Inc

Purpose Preparatory Academy Inc, a renowned charter school, is dedicated to ensuring the academic success and ethical development of its kindergarten through fourth-grade students. The organization's mission is to provide a rigorous curriculum and high-quality instruction, aiming to equip each scholar with the essential academic skills and knowledge necessary to set them on the path to college. Beyond academics, Purpose Prep also emphasizes positive character development, teaching values such as purpose, respect, integrity, self-determination, and excellence. By holding students accountable for demonstrating excellent behavior, the academy aims to prepare its scholars for future success. In essence, Purpose Preparatory Academy Inc seeks to offer an academically challenging, disciplined, and joyful elementary school experience, fostering a conducive environment for young learners to grow and thrive.

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Impact




July, 2024

Purpose Preparatory Academy Inc's impact lies in providing an academically challenging, disciplined, and joyful elementary school environment for children in Nashville. Through rigorous curriculum, high-quality instruction, and a focus on positive character development, Purpose Preparatory Academy ensures that all students from kindergarten through grade four acquire essential literacy skills and receive targeted instruction in core subjects to meet their academic needs. By instilling character skills such as purpose, respect, integrity, self-determination, and excellence, the school sets students on the path to college, equipping them with the skills, knowledge, and ethical foundation necessary for success.




This information is meant to be a general summary of Purpose 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.

Revenue
$7,881,900 (2022)
Expenses
$5,717,162 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,757
  • Gross Receipts: $7,881,900

Assets and Liabilities:

  • Total Assets: $10,740,534
  • Total Liabilities: $4,682,678
  • Net Assets: $6,057,856

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Organization Details

Founding Year

2012

Principal Officer

Lagra Newman

Main Address

220 VENTURE CIRCLE, NASHVILLE, TN, 37228

NTEE Category

Code: B29 - Education

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