Overview
What is University Preparatory Schools?
University Preparatory Schools is a Charter School Management Organization, headquartered at 2409 Arapaho Street, Denver, CO 80205. With a workforce of 15 dedicated individuals, their mission is to offer centralized cost-saving management services and deliver high-quality education programs to various charter schools. They aim to optimize resources and provide exceptional educational experiences for students across their network schools.
Official website here: www.uprepschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
University Preparatory Schools has received a solid rating of 86%, reflecting strong performance in accountability and finance. This rating highlights the organization's commitment to robust governance and financial health, with a perfect score in several key areas, including the independence of its board members and the presence of an audit oversight committee.
The nonprofit has demonstrated transparency and integrity through its documented board meeting minutes and a clear conflict of interest policy. Furthermore, the organization's financial stability is underscored by a low liabilities-to-assets ratio of 7.41%, indicating prudent financial management. The program expense ratio stands at 66.50%, suggesting that a significant portion of its resources is dedicated to its core mission.
While the overall score is commendable, there are areas for improvement, particularly in the program expense ratio where it fell slightly short of a perfect score. Nonetheless, the strong accountability measures and financial oversight indicate that University Preparatory Schools is effectively managing its resources and maintaining the trust of its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is University Preparatory Schools legitimate?
University Preparatory Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Preparatory Schools 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: $1,002,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,096,009
For more financial information, click here
Official website here: www.uprepschool.org
What is the mission statement of University Preparatory Schools?
University Preparatory Schools, as a Charter School Management Organization, is committed to offering centralized cost-savings management services and delivering exceptional education programs to various charter schools. The organization's primary objective is to provide efficient and high-quality educational services to its network of schools. By doing so, University Preparatory Schools aims to contribute to the overall improvement of the educational sector, benefiting numerous students and schools. The services they offer cover all necessary costs involved in managing and providing services to their network schools.
Official website here: www.uprepschool.org
What is the revenue of University Preparatory Schools?
University Preparatory Schools's revenue in 2024 was $11,154,487.
Official website here: www.uprepschool.org
Who are the executives of University Preparatory Schools and what are their salaries?
The average compensation at University Preparatory Schools during 2024 was $54,187. There are 131 employees and 100 volunteers at University Preparatory Schools.
Here are 12 key members and their salaries:
- Compensation: $132,298
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- Other: $0
- Compensation: $173,496
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Official website here: www.uprepschool.org
Where can I find the form 990 for University Preparatory Schools?
University Preparatory Schools's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.uprepschool.org
Learn more at the official website: www.uprepschool.org
Mission Statement of University Preparatory Schools
University Preparatory Schools, being a Charter School Management Organization, is dedicated to delivering centralized cost-savings management services and providing exceptional education programs to various charter schools. Its mission is to optimize resources and educational offerings across multiple institutions, ensuring each beneficiary receives a high-quality learning experience. The organization's focus lies in leveraging its expertise to streamline operational expenses and enhance educational quality, thereby serving multiple charter schools effectively.
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Impact
July, 2024
University Preparatory Schools has a significant impact in the field of education by providing centralized cost-saving management services and exceptional education programs to multiple charter schools. By doing so, it helps to improve the efficiency and effectiveness of these schools, ultimately benefiting the students who attend them. The organization's mission to provide high-quality education and management support contributes to the overall enhancement of the educational experience for students within the charter school network.
This information is meant to be a general summary of University Preparatory Schools. 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 2024.
- Investment Income: $107,883
- Program Service Revenue: $9,314,124
- Gross Receipts: $11,154,487
Assets and Liabilities:
- Total Assets: $307,631
- Total Liabilities: $695,404
- Net Assets: -$387,773
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Per Pupil Revenue
Revenue
$6,995,520
Mill Levy Funding
Revenue
$2,289,252
Charges for Services
Revenue
$29,352
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
2016
Principal Officer
Alastair Dawe
Website
www.uprepschool.orgNTEE Category
Code: B29 - Education
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