Overview
What is Main Street Preparatory Academy Inc?
Main Street Preparatory Academy Inc, based in Akron, Ohio, is a nonprofit educational institution dedicated to empowering its students to reach their full potential. By integrating modern learning technologies into the classroom and tailoring lessons to children's learning styles, the academy aims to foster academic excellence and personal growth. The academy's collaborative and nurturing environment encourages students to develop essential skills for future success, both in their careers and as lifelong learners. The mission relies on the support of faculty, staff, families, and the wider community to inspire and guide students to become responsible and valued citizens.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star rating
Main Street Preparatory Academy Inc has earned a Three-Star rating on Charity Navigator, reflecting a solid performance particularly in accountability and finance. The organization demonstrates strong governance, with 100% of its board members being independent and a fully compliant financial oversight committee. These factors contribute positively to their overall score, particularly in areas such as conflict of interest policies, whistleblower protections, and the retention of important documentation.
The organization shows commendable financial management, allocating an impressive 96.33% of its expenses directly toward programs. This high ratio indicates a commitment to utilizing resources effectively to benefit its mission. The financial transparency is further underscored by the lack of any material diversion of assets, showcasing a strong ethical foundation.
While the rating indicates a solid performance, it is important to note that the overall score is based solely on accountability and finance metrics. There may be other dimensions of organizational effectiveness that are not captured in this score, which potential donors and stakeholders should consider when evaluating the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Main Street Preparatory Academy Inc legitimate?
Main Street Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Street 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $789,051
For more financial information, click here
What is the mission statement of Main Street Preparatory Academy Inc?
Main Street Preparatory Academy's mission is centered around enhancing the lives of its students. The academy aims to achieve this by offering authentic learning experiences in a supportive and collaborative environment. These experiences are designed to cater to how children learn best, integrating modern technology into classrooms. The academy's schedule and support activities are tailored to help each student reach their full potential. The ultimate goal is to equip students with the necessary skills for academic excellence, personal growth, and success as lifelong learners. This mission requires the collective support of the faculty, staff, families, and the community to encourage and motivate students to become responsible and valued citizens.
Who is the CEO of Main Street Preparatory Academy Inc?
C David Massa is the Board Treasurer of Main Street Preparatory Academy Inc.
What is the revenue of Main Street Preparatory Academy Inc?
Main Street Preparatory Academy Inc's revenue in 2022 was $2,447,759.
Who are the executives of Main Street Preparatory Academy Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
Where can I find the form 990 for Main Street Preparatory Academy Inc?
Main Street Preparatory Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Main Street Preparatory Academy Inc
Main Street Preparatory Academy, as an institution, is committed to enriching the lives of its students. This is achieved by delivering genuine learning experiences in a cooperative and nurturing setting. The academy believes that this environment will establish a solid foundation for students, enabling them to thrive in their academic pursuits, future careers, and personal lives. To realize this mission, the academy integrates modern learning technologies into its classrooms, offers learning experiences that cater to children's unique learning styles, and provides a schedule and supportive activities tailored to each student's potential. The ultimate goal is to prepare students to excel academically, foster personal growth, and emerge as lifelong learners. This mission relies on the collective support of the faculty, staff, families, and the community to inspire and empower students to become responsible and valued citizens.
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Impact
July, 2024
Main Street Preparatory Academy Inc's impact is felt through its dedication to improving the lives of its students by providing authentic learning experiences in a collaborative, nurturing environment. The academy aims to build a strong foundation for student success in school, future work, and in life. By integrating current learning technologies into the classroom, offering respectful and authentic learning experiences, and providing support activities tailored to each student's potential, Main Street Preparatory Academy equips its students with the skills and abilities needed for academic excellence, personal growth, and success as lifelong learners. The support of faculty, staff, families, and the community is crucial in empowering students to become responsible and valued citizens.
This information is meant to be a general summary of Main Street 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,447,759
Assets and Liabilities:
- Total Assets: $1,280,991
- Total Liabilities: $2,350,164
- Net Assets: -$1,069,173
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Organization Details
Founding Year
2013
Phone
(330) 515-0572Principal Officer
C David Massa
Main Address
1035 Clay Street, Akron, OH, 44301
NTEE Category
Code: B20 - Education
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