Overview
What is Impact Preparatory Academy Inc?
Impact Preparatory Academy Inc, situated in Tomball, Texas, is a dedicated nonprofit organization that primarily focuses on supporting economically disadvantaged families and their children. Operating at 17835 Hufsmith-Kohrville Road, the academy provides an exceptional early childhood program, nurturing the social, emotional, physical, intellectual, and spiritual development of the children under its care. This daycare facility caters to around 30 to 40 children each week, enabling their parents to work or seek employment. In addition to its primary role, the academy offers valuable employment opportunities to single mothers as caregivers, thereby empowering them. The academy's compassionate mission ensures that it serves as a beacon of support and growth for the entire family. With a workforce of 25 individuals, Impact Preparatory Academy Inc strives to make a positive impact in the lives of the children and families it serves.
Official website here: www.impactprep.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Impact Preparatory Academy Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored 100% in this category, which suggests a high level of transparency and effective management of resources. A notable highlight is the presence of a fully independent board, which enhances governance and stakeholder confidence.
The organization also demonstrated robust financial health, with a Liabilities to Assets ratio of 0.00%, indicating no debt obligations. All key governance policies are in place, contributing favorably to its transparency. Program expenses accounted for 100% of its expenditures, ensuring that all funds are directed towards its mission rather than administrative costs.
However, it is important to note that the organization lacks a whistleblower policy, which may raise concerns regarding internal reporting mechanisms. Despite this limitation, the overall high ratings reflect positively on its commitment to accountability and effective financial practices, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Preparatory Academy Inc legitimate?
Impact Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact 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: $129,349
For more financial information, click here
Official website here: www.impactprep.net
What is the mission statement of Impact Preparatory Academy Inc?
Impact Preparatory Academy Inc's mission is centered around offering an exceptional early childhood program. The primary objective is to nurture and develop the social, emotional, physical, intellectual, and spiritual growth of economically disadvantaged children and their families. By providing this service, the academy allows their parents to pursue employment or seek employment opportunities. Furthermore, the academy also provides valuable work experience to single mothers as caregivers.
Official website here: www.impactprep.net
Who is the CEO of Impact Preparatory Academy Inc?
Brenda Rodgers is the President of Impact Preparatory Academy Inc.
Official website here: www.impactprep.net
What is the revenue of Impact Preparatory Academy Inc?
Impact Preparatory Academy Inc's revenue in 2020 was $140,234.
Official website here: www.impactprep.net
Who are the executives of Impact Preparatory Academy Inc and what are their salaries?
The average compensation at Impact Preparatory Academy Inc during 2020 was $5,174. There are 25 employees and 5 volunteers at Impact Preparatory Academy Inc.
Here are 6 key members and their salaries:
- Compensation: $9,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.impactprep.net
Where can I find the form 990 for Impact Preparatory Academy Inc?
Impact Preparatory Academy Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.impactprep.net
Learn more at the official website: www.impactprep.net
Mission Statement of Impact Preparatory Academy Inc
Impact Preparatory Academy, a nonprofit organization, is dedicated to delivering an outstanding early childhood program. Their primary objective is to cultivate and nurture the social, emotional, physical, intellectual, and spiritual development of economically disadvantaged children and their families. By offering this program, Impact Preparatory Academy seeks to empower these families, enabling them to thrive.
To achieve this mission, Impact Preparatory Academy provides a daycare service that caters to approximately 30 to 40 children each week. This service allows the parents to secure employment or pursue job opportunities, contributing to the family's financial stability. Moreover, the daycare offers valuable work experience to single mothers, serving as caregivers. This aspect of Impact Preparatory Academy's mission not only supports the children but also empowers the mothers, fostering a sense of self-sufficiency and independence.
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Impact
October, 2024
Impact Preparatory Academy Inc significantly enhances the lives of economically at-risk children and their families by providing an exemplary early childhood program. It supports the social, emotional, physical, intellectual, and spiritual growth of children, creating a strong foundation for their future.
By caring for 30 to 40 children each week, the academy enables parents to pursue gainful employment or job-seeking opportunities, thereby promoting economic stability within families. Additionally, the daycare employs single mothers as caregivers, offering them valuable work experience and empowering them to improve their circumstances. Through its comprehensive approach to early childhood education and community support, Impact Preparatory Academy Inc plays a crucial role in fostering resilience and improving the quality of life for families in Tomball, TX.
This information is meant to be a general summary of Impact 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 2020.
- Program Service Revenue: $119,858
- Gross Receipts: $140,234
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Daycare
Revenue
$119,858
Organization Details
Founding Year
2015
Principal Officer
Brenda Rodgers
Main Address
17835 Hufsmith-Kohrville Road, Tomball, TX, 77375
Website
www.impactprep.netNTEE Category
Code: B21 - Education
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