Overview
What is Downtown College Prep Foundation?
The Downtown College Prep Foundation is a nonprofit organization that supports the Across the Bridge Foundation, offering comprehensive real estate development services and management. Their role involves planning, financing, construction, and construction management, aiming to contribute to the foundation's mission. The Foundation also holds title to properties leased to the Across the Bridge Foundation and manages the facilities, thereby assisting in the operation of the charter schools the foundation operates.
Is Downtown College Prep Foundation legitimate?
Downtown College Prep Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown College Prep Foundation 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
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What is the mission statement of Downtown College Prep Foundation?
The Downtown College Prep Foundation supports the Across the Bridge Foundation, also known as Downtown College Prepatory (ABF), and the charter schools it operates, by offering comprehensive real estate development and management services. These services encompass planning, financing, construction, and construction management. The Foundation assumes the title to property leased to ABF and assumes responsibility for facilities management, aiming to contribute significantly to the foundation's operations and growth.
Who is the CEO of Downtown College Prep Foundation?
Sean Meeks is the President of Downtown College Prep Foundation.
What is the revenue of Downtown College Prep Foundation?
Downtown College Prep Foundation's revenue in 2022 was $3,555,875.
Who are the executives of Downtown College Prep Foundation and what are their salaries?
There 5 volunteers at Downtown College Prep Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Downtown College Prep Foundation?
Downtown College Prep Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Downtown College Prep Foundation
The Downtown College Prep Foundation plays a crucial role in supporting the Across the Bridge Foundation, an organization that operates charter schools. This supportive role is primarily focused on providing real estate development and management services. The Downtown College Prep Foundation's mission involves several key aspects, including planning, financing, construction, and construction management. By undertaking these tasks, the foundation ensures that the Across the Bridge Foundation can operate efficiently and effectively.
In addition to these services, the Downtown College Prep Foundation also holds title to property leased to the Across the Bridge Foundation and provides facilities management. This comprehensive approach to real estate development and management allows the Across the Bridge Foundation to focus on its primary mission: educating students in its charter schools. The Downtown College Prep Foundation's support is instrumental in providing the necessary infrastructure for the Across the Bridge Foundation to thrive and deliver quality education to its students.
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Impact
October, 2024
Downtown College Prep Foundation plays a crucial role in enhancing educational opportunities by providing essential real estate development services to the Across the Bridge Foundation and its associated charter schools. By focusing on planning, financing, construction, and construction management, the foundation helps create and maintain quality facilities that foster effective learning environments.
In San Jose, CA, the foundation’s efforts ensure that educational institutions have the infrastructure necessary to support academic achievement. This dedicated approach allows the Across the Bridge Foundation to concentrate on its mission, knowing that the management and development of its physical assets are in capable hands. The impact of these services is profound, as they directly facilitate a supportive environment for students to thrive and succeed in their educational journeys.
This information is meant to be a general summary of Downtown College Prep Foundation. 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: $5,532
- Program Service Revenue: $3,550,343
- Gross Receipts: $3,555,875
Assets and Liabilities:
- Total Assets: $41,605,660
- Total Liabilities: $39,129,562
- Net Assets: $2,476,098
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME-ACROSS TH
Revenue
$3,550,343
Organization Details
Founding Year
2014
Phone
(408) 271-8120Principal Officer
Sean Meeks
Main Address
1400 PARKMOOR AVENUE 206, SAN JOSE, CA, 95126
NTEE Category
Code: B11 - Education
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