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Friends Of Springfield Preparatory Charter School Inc

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

EIN: 464391150 ✦ Springfield, MA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Springfield Preparatory Charter School Inc?

Friends of Springfield Preparatory Charter School Inc, established as a nonprofit organization in Massachusetts, works in close collaboration with Springfield Prep's executive director to develop and execute their fundraising strategies. The organization's primary goal is to raise funds to bolster Springfield Prep's mission, utilizing all donations directly toward this end. In 2020, Friends of SPCS made a significant investment by purchasing a property for renovation, transforming it into a permanent home for the school. This move led to the incorporation of Springfield Prep Realty Inc, an additional supporting organization. In 2021, Springfield Prep took possession of the newly renovated building, with construction now largely completed. Friends of SPCS continues to play a crucial role in ensuring the success of Springfield Prep.


Official website here: www.springfieldprep.org

Is Friends Of Springfield Preparatory Charter School Inc legitimate?

Friends Of Springfield Preparatory Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Springfield Preparatory Charter 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: $0

For more financial information, click here


Official website here: www.springfieldprep.org

What is the mission statement of Friends Of Springfield Preparatory Charter School Inc?

The Friends of Springfield Preparatory Charter School Inc, a charitable organization, is dedicated to raising funds to support the success of Springfield Preparatory Charter School. The organization works in close collaboration with the executive director of Springfield Prep to coordinate the school's short-term and long-term fund development plan. All funds raised by Friends of Springfield Prep are utilized to directly further the mission of Springfield Prep. In 2020, Friends of Springfield Prep purchased a property for renovation, which later became the long-term home for Springfield Prep. In 2021, Springfield Prep occupied the newly renovated property, and construction was substantially completed. Overall, the mission of Friends of Springfield Preparatory Charter School Inc is to contribute to the success of Springfield Preparatory Charter School through financial support.


Official website here: www.springfieldprep.org

Who is the CEO of Friends Of Springfield Preparatory Charter School Inc?

William Spirer is the President of Friends Of Springfield Preparatory Charter School Inc.


Official website here: www.springfieldprep.org

What is the revenue of Friends Of Springfield Preparatory Charter School Inc?

Friends Of Springfield Preparatory Charter School Inc's revenue in 2022 was $575,633.


Official website here: www.springfieldprep.org

Who are the executives of Friends Of Springfield Preparatory Charter School Inc and what are their salaries?

There 4 volunteers at Friends Of Springfield Preparatory Charter School Inc.


Here are 5 key members and their salaries:


William Spirer (President)
  • Compensation: $0
  • Related: $113,633
  • Other: $910
Robin Olejarz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Gabriel (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Morin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.springfieldprep.org

Where can I find the form 990 for Friends Of Springfield Preparatory Charter School Inc?

Friends Of Springfield Preparatory Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.springfieldprep.org

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

Mission Statement of Friends Of Springfield Preparatory Charter School Inc

Friends of Springfield Preparatory Charter School, a charitable organization, is dedicated to supporting the success of Springfield Preparatory Charter School. Their mission is to raise funds and work closely with the school's executive director to coordinate short-term and long-term fund development plans. All funds raised by Friends of Springfield Preparatory Charter School are utilized directly to further the mission of the school. In 2020, Friends of Springfield Preparatory Charter School purchased a property with the intention of renovating it to serve as the school's long-term home. In August 2021, Springfield Preparatory Charter School took occupancy of the newly renovated property, and construction is now substantially completed. The organization's efforts have contributed significantly to the continued success of Springfield Preparatory Charter School.

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Impact




October, 2024

Friends Of Springfield Preparatory Charter School Inc positively impacts the educational landscape in Springfield by providing essential financial support that directly enhances the success of Springfield Preparatory Charter School. By coordinating strategic fund development efforts, this organization works closely with the school’s leadership to ensure that resources are allocated effectively for both short-term needs and long-term goals.

In 2020, Friends made a significant investment by purchasing a property to serve as a permanent home for Springfield Prep. This initiative culminated in the transfer of the property to Springfield Prep Realty, Inc., allowing the school to move into a newly renovated space in August 2021. This achievement not only provides a stable and improved environment for students but also demonstrates a commitment to the community’s educational development.

Through its fundraising efforts and the successful renovation of the new facility, Friends Of Springfield Preparatory Charter School plays a crucial role in fostering a thriving educational experience for students, reinforcing the importance of philanthropy in supporting local schools. Their impact extends beyond just financial contributions—it cultivates a supportive community that prioritizes student achievement and the overall advancement of education in the area.




This information is meant to be a general summary of Friends Of Springfield Preparatory Charter 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.

Revenue
$575,633 (2022)
Expenses
$382,708 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31
  • Program Service Revenue: $518,011
  • Gross Receipts: $575,633

Assets and Liabilities:

  • Total Assets: $16,646,897
  • Total Liabilities: $15,047,024
  • Net Assets: $1,599,873

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Programs

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

INTEREST ON PROGRAM RE

Revenue

$518,011

Organization Details

Founding Year

2013

Principal Officer

William Spirer

Main Address

2071 ROOSEVELT AVE, SPRINGFIELD, MA, 01104

NTEE Category

Code: T11 - Philanthropy

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