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Pra Building Corporation

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

EIN: 463721272 ✦ Broomfield, CO ✦ Designated as a 501(c)(3)

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Overview

What is Pra Building Corporation?

Pra Building Corporation is a nonprofit organization based in Broomfield, Colorado, specifically at 2555 Preble Creek Parkway. Its primary mission is to support the operations of Prospect Ridge Academy Charter School. To achieve this, the corporation holds title to property and either acquires, leases, or constructs facilities, which are then leased to the charter school. This initiative is part of their commitment to promoting public and charter school education.

Is Pra Building Corporation legitimate?

Pra Building Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pra Building Corporation 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: $0

For more financial information, click here

What is the mission statement of Pra Building Corporation?

Pra Building Corporation's mission is centered around promoting education, specifically public and charter school education. They accomplish this by holding title to property and facilitating the operations of Prospect Ridge Academy Charter School. Furthermore, they advance this cause by acquiring, leasing, or constructing facilities that are then leased to the charter school. This commitment to education aims to support and enhance the learning environment for students within the charter school system.

Who is the CEO of Pra Building Corporation?

David Mallett is the Secretary of Pra Building Corporation.

What is the revenue of Pra Building Corporation?

Pra Building Corporation's revenue in 2023 was $2,280,354.

Who are the executives of Pra Building Corporation and what are their salaries?

There 3 volunteers at Pra Building Corporation.


Here are 3 key members and their salaries:


David Mallett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Rooks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Stockard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pra Building Corporation?

Pra Building Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Pra Building Corporation

Pra Building Corporation, as the title holder, plays a crucial role in facilitating the operations of Prospect Ridge Academy Charter School. Its mission extends beyond this, as it also strives to promote public and charter school education. This is accomplished by acquiring, leasing, or constructing facilities that are subsequently leased to the charter school. By doing so, Pra Building Corporation actively contributes to the educational sector, supporting both public and charter schools in their operations.

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Impact




October, 2024

Pra Building Corporation plays a vital role in enhancing educational opportunities by facilitating the operational needs of Prospect Ridge Academy Charter School. By holding title to property and acquiring, leasing, or constructing facilities, the organization ensures that the charter school has access to the resources necessary for effective learning and teaching environments. This commitment not only supports the school’s daily functions but also promotes the broader goals of public and charter school education in the Broomfield, Colorado community. Through its strategic initiatives, Pra Building Corporation significantly contributes to the accessibility and quality of education, allowing students to thrive in a well-supported academic atmosphere.




This information is meant to be a general summary of Pra Building Corporation. 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
$2,280,354 (2023)
Expenses
$2,877,869 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $150,129
  • Program Service Revenue: $2,130,225
  • Gross Receipts: $2,280,354

Assets and Liabilities:

  • Total Assets: $37,584,480
  • Total Liabilities: $39,618,328
  • Net Assets: -$2,033,848

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Programs

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

BUILDING LEASE

Revenue

$2,130,225

Organization Details

Founding Year

2013

Principal Officer

David Mallett

Main Address

2555 PREBLE CREEK PARKWAY, BROOMFIELD, CO, 80023

NTEE Category

Code: B11 - Education

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