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Foundation Preparatory Academy

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

EIN: 463175065 ✦ Lake jackson, TX ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Preparatory Academy?

Foundation Preparatory Academy is a nonprofit organization situated in Lake Jackson, Texas. With a focus on providing a college-preparatory education, the academy operates using a unique model that combines elements of traditional public, private, and home schools. Currently serving 44 students from kindergarten to 12th grade, the academy operates within a Christian environment. The institution's mission is to offer a well-rounded education that prepares students for higher education, ensuring a strong academic foundation. With a team of 15 dedicated employees, Foundation Preparatory Academy is committed to fostering an environment that encourages intellectual growth and spiritual development.

Is Foundation Preparatory Academy legitimate?

Foundation Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Preparatory Academy 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: $177,354

For more financial information, click here

What is the mission statement of Foundation Preparatory Academy?

The Foundation Preparatory Academy's mission is centered around providing a college-preparatory education in a Christian environment. They achieve this through a unique model, blending elements of traditional public and private schools, as well as home schooling. This university-model school caters to students from Kindergarten to 12th grade, aiming to offer a highly successful college-preparatory education. Currently, the academy serves around 44 students, maintaining a focus on academic excellence within a religious context.

Who is the CEO of Foundation Preparatory Academy?

Todd Reaves is the Treasurer of Foundation Preparatory Academy.

What is the revenue of Foundation Preparatory Academy?

Foundation Preparatory Academy's revenue in 2022 was $263,473.

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

The average compensation at Foundation Preparatory Academy during 2022 was $11,824. There are 15 employees at Foundation Preparatory Academy.


Here are 6 key members and their salaries:


Derek Rester (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Twain Pigott (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Reaves (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitney Reaves (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Rayburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
List Rester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation Preparatory Academy?

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

Mission Statement of Foundation Preparatory Academy

Foundation Preparatory Academy, a nonprofit institution, is committed to providing a college-preparatory education in a Christian environment. They achieve this through an innovative approach called a University-Model School, which is a blend of traditional public and private schools and home schools. This unique method aims to offer a highly successful college-preparatory education to students from kindergarten to twelfth grade. The academy currently has 44 students enrolled, benefiting from this blended learning model.

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Impact




October, 2024

Foundation Preparatory Academy significantly impacts the educational landscape in Lake Jackson, Texas, by providing a college-preparatory curriculum within a Christian environment. This innovative university-model school effectively combines elements of traditional public and private schooling with the flexibility of home education, offering a unique approach to learning for students in grades K-12. With a current enrollment of 44 students, the academy focuses on nurturing academic excellence and character development, preparing young minds for future success in higher education and beyond.

The fusion of structured learning and faith-based principles creates a supportive community that values both intellectual and personal growth. By fostering an environment where students can thrive academically while also exploring their spiritual beliefs, Foundation Preparatory Academy plays a crucial role in shaping well-rounded individuals who are equipped for the challenges of college and their future careers. Through its commitment to providing a holistic educational experience, the academy contributes positively to the community and sets a strong foundation for its students as they embark on their educational journeys.




This information is meant to be a general summary of Foundation Preparatory Academy. 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
$263,473 (2022)
Expenses
$264,122 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $114
  • Program Service Revenue: $214,618
  • Gross Receipts: $267,513

Assets and Liabilities:

  • Total Assets: $162,582
  • Total Liabilities: $73,343
  • Net Assets: $89,239

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Programs

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

all other program

Revenue

$1,685

TUITION

Revenue

$212,933

Organization Details

Founding Year

2013

Principal Officer

Todd Reaves

Main Address

PO BOX 488, Lake Jackson, TX, 77566

NTEE Category

Code: B20 - Education

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