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Worcester Preparatory School Inc

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

EIN: 520903685 ✦ Berlin, MD ✦ Designated as a 501(c)(3)

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Overview

What is Worcester Preparatory School Inc?

Worcester Preparatory School Inc is a nonprofit institution situated in an unspecified location, dedicated to the provision of quality education. With approximately 550 students, the school employs around 42 full-time teachers and 25 administrators and staff members. The school's primary objective is to educate its students to the best of its ability. It achieves this by operating an educational facility and recognizing the outstanding achievements of exceptional students with awards of merit.


Official website here: www.worcesterprep.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: Two Stars (70%)**

Worcester Preparatory School Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization 'Needs Improvement' based on its accountability and finance metrics. A notable strength is its fully independent board, which generally suggests effective governance. However, the organization has significant shortcomings in financial transparency, particularly as it lacks independent reviews or compilations of its financial statements, which raises concerns about accountability.

Additionally, while the organization maintains a healthy liabilities to assets ratio and a solid program expense ratio, it suffers from missing policies, including a whistleblower policy and document retention guidelines. These deficiencies may hinder its overall effectiveness and trustworthiness.

Unfortunately, user reviews from GreatNonprofits are not available, so public sentiment regarding their experiences and perceptions of the school could not be gathered. Overall, while Worcester Preparatory School Inc demonstrates strengths in governance, it must address its financial reporting and policy gaps to enhance its ratings and public confidence.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Worcester Preparatory School Inc?

86% of 32 reviewers on Facebook recommend Worcester Preparatory School Inc. Here is a summary of their reviews:

Many parents express satisfaction with the school’s emphasis on strong academics and structured sports programs. They appreciate the balance offered between academic rigor and physical activities, which they feel contributes significantly to their children's overall development.

Overall, parents recognize the school’s commitment to providing a well-rounded education, making it a favorable choice for families seeking quality education for their children.


This AI summary has been generated from reviews found on Facebook.

Is Worcester Preparatory School Inc legitimate?

Worcester Preparatory School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worcester Preparatory 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: $4,337,585

For more financial information, click here


Official website here: www.worcesterprep.org

What is the mission statement of Worcester Preparatory School Inc?

Worcester Preparatory School Inc's mission is centered around education. The institution aims to deliver quality education to its students, with a current enrollment of approximately 550 students. The school is staffed by around 42 full-time teachers and 25 administrators and support staff. Notably, Worcester Preparatory School Inc recognizes and honors the achievements of its exceptional students by awarding them for their merit. The school's primary focus is on providing an educational environment that fosters growth and development in its students.


Official website here: www.worcesterprep.org

Who is the CEO of Worcester Preparatory School Inc?

William E Esham Jr is the Headmaster of Worcester Preparatory School Inc.


Official website here: www.worcesterprep.org

What is the revenue of Worcester Preparatory School Inc?

Worcester Preparatory School Inc's revenue in 2022 was $7,943,291.


Official website here: www.worcesterprep.org

Who are the executives of Worcester Preparatory School Inc and what are their salaries?

The average compensation at Worcester Preparatory School Inc during 2022 was $26,775. There are 162 employees at Worcester Preparatory School Inc.


Here are 20 key members and their salaries:


Dr John Mcdonald (Headmaster)
  • Compensation: $165,000
  • Related: $0
  • Other: $0
Sandy Cooper (Business Man)
  • Compensation: $62,500
  • Related: $0
  • Other: $0
Ann Bateman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Burbage (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Davies-Harmon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Steven Green (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Hammond (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reese Cropper Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Esham Iii (Trustee & As)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles R Jenkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Jenkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Esham Jr (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Lewis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Marshall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Alexander Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Nichols (Trustee & As)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell M Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Troy Purnell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George A Purnell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Truit (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.worcesterprep.org

Where can I find the form 990 for Worcester Preparatory School Inc?

Worcester Preparatory School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.worcesterprep.org

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

Mission Statement of Worcester Preparatory School Inc

Worcester Preparatory School Inc, as the name suggests, is committed to providing education. Its mission is to foster an environment where students can learn and grow. The school operates as an educational facility, housing around 550 students and employing approximately 42 full-time teachers. Alongside these educators, the school also employs 25 administrators and staff members. Beyond providing a space for learning, Worcester Preparatory School Inc recognizes and honors excellence in its students of remarkable merit. The school's dedication to education and recognition of achievement serves to motivate and inspire its students, ultimately contributing to their overall development.

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Impact




July, 2024

Worcester Preparatory School Inc's impact is seen through the quality education it provides to its 550 students. With approximately 42 full-time teachers and 25 administrators and staff, the school works diligently to fulfill its mission of delivering excellent education. Additionally, Worcester Preparatory School recognizes and celebrates students of particular merit, further encouraging academic excellence and personal development within its community.




This information is meant to be a general summary of Worcester Preparatory 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
$7,943,291 (2022)
Expenses
$7,314,817 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $259,187
  • Program Service Revenue: $7,238,089
  • Gross Receipts: $7,990,513

Assets and Liabilities:

  • Total Assets: $17,480,542
  • Total Liabilities: $1,159,857
  • Net Assets: $16,320,685

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Programs

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

TUITION AND SCHOOL

Revenue

$6,860,628

OTHER PROGRAM SERVICE REVENUE

Revenue

$219,432

OTHER ACTIVITIES

Revenue

$158,029

Organization Details

Founding Year

1969

Principal Officer

William E Esham Jr

Main Address

P O BOX 1006, BERLIN, MD, 21811

NTEE Category

Code: B24Z - Education

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