Overview
What is Leadership Preparatory Academy Inc?
Leadership Preparatory Academy Inc, located in Lithonia, Georgia, is a nonprofit organization committed to shaping leaders for the 21st century. Their mission encompasses providing robust academic instruction, character development, and leadership training, all while encouraging parental involvement as role models in the home. This comprehensive approach aims to foster well-rounded individuals equipped to navigate the modern world. With a team of 27 dedicated professionals, the academy is dedicated to nurturing the next generation of leaders.
Official website here: www.leadershippreparatoryacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Leadership Preparatory Academy Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while the organization meets some basic standards, there are significant areas needing improvement. With an overall score of 69%, the nonprofit showcases strong governance with 100% independent board members and solid financial oversight, as evidenced by its perfect score in audit and oversight. However, the organization faces notable challenges in its accountability practices.
The nonprofit received low scores for the absence of critical policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, all of which are essential for operational transparency and integrity. Additionally, the absence of posted financial documents on its website further diminishes its accountability to stakeholders.
Despite these shortcomings, Leadership Preparatory Academy excels in its program expense ratio, allocating nearly 80% of its expenditures directly to programs, which reflects its commitment to its mission. However, a concerning liabilities to assets ratio of over 100% highlights potential financial instability that needs to be addressed for the long-term viability of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Leadership Preparatory Academy Inc legitimate?
Leadership Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership 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: $0
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Official website here: www.leadershippreparatoryacademy.org
What is the mission statement of Leadership Preparatory Academy Inc?
Leadership Preparatory Academy Inc's mission is centered around developing leaders equipped for the 21st century. This is achieved through a comprehensive approach that includes leadership training, rigorous academics, and character building. The academy also designs a program to engage parents as role models in the home, fostering a holistic development of leaders. The goal is to prepare students with the necessary skills for the contemporary world, promoting a strong focus on leadership development and academic excellence.
Official website here: www.leadershippreparatoryacademy.org
Who is the CEO of Leadership Preparatory Academy Inc?
Lonnie Hall is the Cfo of Leadership Preparatory Academy Inc.
Official website here: www.leadershippreparatoryacademy.org
What is the revenue of Leadership Preparatory Academy Inc?
Leadership Preparatory Academy Inc's revenue in 2023 was $4,228,416.
Official website here: www.leadershippreparatoryacademy.org
Who are the executives of Leadership Preparatory Academy Inc and what are their salaries?
There are 27 employees at Leadership Preparatory Academy Inc.
Here are 6 key members and their salaries:
- Compensation: $149,091
- Related: $0
- Other: $0
- Compensation: $128,329
- 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.leadershippreparatoryacademy.org
Where can I find the form 990 for Leadership Preparatory Academy Inc?
Leadership Preparatory Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.leadershippreparatoryacademy.org
Learn more at the official website: www.leadershippreparatoryacademy.org
Mission Statement of Leadership Preparatory Academy Inc
Leadership Preparatory Academy Inc is committed to equipping leaders with the necessary skills for the 21st century. This is achieved through the establishment of leadership training, rigorous academic programs, and character building. The academy also incorporates a program designed to engage parents as model leaders within their homes. By doing so, Leadership Preparatory Academy Inc aims to foster a generation of well-rounded individuals who are not only academically proficient but also possess strong leadership qualities and values. The institution's approach to education goes beyond the classroom, recognizing the crucial role of parents in shaping the future leaders of society.
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Impact
July, 2024
Leadership Preparatory Academy Inc is making a significant impact in the community by training leaders with skills for the 21st century. They are focused on establishing leadership training, rigorous academic standards, and character building for their students. Additionally, their program is designed to engage parents as model leaders in the home. This comprehensive approach ensures that students are not only academically prepared but also equipped with essential leadership qualities and strong character traits. Through their work, Leadership Preparatory Academy Inc is shaping the future leaders of tomorrow.
This information is meant to be a general summary of Leadership 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 2023.
- Program Service Revenue: $2,731,024
- Gross Receipts: $4,228,416
Assets and Liabilities:
- Total Assets: $6,044,013
- Total Liabilities: $6,493,668
- Net Assets: -$449,655
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
QBE REVENUE
Revenue
$2,731,024
Organization Details
Founding Year
2008
Principal Officer
Lonnie Hall
Main Address
6400 WOODROW ROAD, LITHONIA, GA, 30038
NTEE Category
Code: B20 - Education
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