Overview
What is The James Madison Preparatory High School Inc?
The James Madison Preparatory High School Inc, located in Madison, Florida (specifically at 2812 US HWY 90), operates as a nonprofit institution dedicated to delivering a rigorous college-preparatory education. Their mission lies in fostering student ownership of learning through an enriched liberal arts curriculum, with a significant emphasis on Science, Technology, Engineering, and Mathematics (STEM). This mission is carried out by a team of 19 dedicated individuals, all working towards providing a comprehensive and engaging educational experience for their students.
Official website here: www.jmphs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The James Madison Preparatory High School Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The organization demonstrates strong accountability and finance practices, highlighted by a perfect score for the composition and independence of its board members, as well as a solid program expense ratio of 90.35%. These strengths suggest that the nonprofit is well-managed in certain areas and dedicated to effectively utilizing its resources.
However, the organization does have notable weaknesses that impact its overall rating. The absence of a whistleblower policy and a document retention and destruction policy, both receiving zeros in evaluation, raises concerns about transparency and governance. Additionally, the lack of publicly available tax forms on its website may hinder stakeholders' ability to access crucial financial information.
Lastly, the organization's liabilities to assets ratio of 92.85% is concerning, as it indicates a heavy reliance on liabilities relative to its assets. This could signal potential financial instability, which may affect its long-term sustainability and ability to deliver on its mission. Overall, while The James Madison Preparatory High School Inc displays several strengths, addressing these weaknesses will be important for its continued success.
This AI summary has been generated from information found on Charity Navigator.
Is The James Madison Preparatory High School Inc legitimate?
The James Madison Preparatory High School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The James Madison Preparatory High 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: $741,842
For more financial information, click here
Official website here: www.jmphs.org
What is the mission statement of The James Madison Preparatory High School Inc?
The James Madison Preparatory High School Inc's mission is centered around providing a rigorous college-preparatory education. This is achieved through a content-rich liberal arts curriculum that places a strong emphasis on science, technology, engineering, and mathematics (STEM). The school's primary goal is to promote student ownership of learning, encouraging students to take an active role in their educational journey.
Official website here: www.jmphs.org
Who is the CEO of The James Madison Preparatory High School Inc?
Cary A Hardee Iii is the President of The James Madison Preparatory High School Inc.
Official website here: www.jmphs.org
What is the revenue of The James Madison Preparatory High School Inc?
The James Madison Preparatory High School Inc's revenue in 2022 was $1,667,311.
Official website here: www.jmphs.org
Who are the executives of The James Madison Preparatory High School Inc and what are their salaries?
The average compensation at The James Madison Preparatory High School Inc during 2022 was $39,044. There are 19 employees and 30 volunteers at The James Madison Preparatory High School Inc.
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Official website here: www.jmphs.org
Where can I find the form 990 for The James Madison Preparatory High School Inc?
The James Madison Preparatory High School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jmphs.org
Learn more at the official website: www.jmphs.org
Mission Statement of The James Madison Preparatory High School Inc
The James Madison Preparatory High School Inc is committed to providing an academically rigorous college-preparatory high school experience. Their mission is centered around promoting student ownership of learning, achieving this through a comprehensive liberal arts curriculum that emphasizes Science, Technology, Engineering, and Math (STEM). This approach encourages students to take an active role in their education, fostering critical thinking and problem-solving skills that are essential for higher education and future careers.
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Impact
July, 2024
The James Madison Preparatory High School Inc's impact lies in providing a rigorous college preparatory education that promotes student ownership of learning through a content-rich liberal arts curriculum with a focus on science, technology, engineering, and math (STEM). By instructing students in a challenging college-prep environment, the school is equipping them with the necessary skills and knowledge to succeed in higher education and beyond. In essence, The James Madison Preparatory High School Inc is shaping the future generation of leaders who are well-prepared to excel in a competitive academic and professional world.
This information is meant to be a general summary of The James Madison Preparatory High 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $141
- Program Service Revenue: $1,375,735
- Gross Receipts: $1,689,595
Assets and Liabilities:
- Total Assets: $877,937
- Total Liabilities: $825,162
- Net Assets: $52,775
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEFP FUNDS
Revenue
$1,342,575
FOOD SERVICE
Revenue
$32,284
OTHER SCHOOL FEES
Revenue
$876
Organization Details
Founding Year
2012
Phone
(850) 253-2173Principal Officer
Cary A Hardee Iii
Main Address
2812 US HWY 90, MADISON, FL, 32340
Website
www.jmphs.orgNTEE Category
Code: B29 - Education
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