Overview
What is Greystone Preparatory Schools Inc?
Greystone Preparatory Schools Inc, located in Texas, is a nonprofit organization dedicated to preparing students for esteemed academic institutions such as the Coast Guard Academy, Air Force Academy, Military Academy, Merchant Marine Academy, and Naval Academy. Their mission involves tailoring an education to meet the specific academic requirements of these institutions, thereby enabling students to secure their appointments. With a focus on holistic development, they aim to empower students academically, physically, and ethically. Their operations are supported by a team of two dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Greystone Preparatory Schools Inc has received a Three-Star rating from Charity Navigator, indicating a fair level of financial health and accountability. A significant strength of the organization is its governance, as it boasts a 100% independent board, ensuring that decisions are made without conflicts of interest. The organization also shows a robust liabilities to assets ratio, indicating good financial management.
However, there are notable limitations in the accountability aspect. While the organization has a conflict of interest policy in place, it lacks both a whistleblower policy and a document retention and destruction policy, which are crucial for transparency and safeguarding against potential issues. Additionally, the program expense ratio, while adequate, could be improved to enhance the impact of its services.
Overall, while Greystone Preparatory Schools Inc demonstrates strong governance and financial stability, the absence of key policies detracts from its overall accountability. Improvements in these areas could bolster confidence in their operations and mission delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Greystone Preparatory Schools Inc legitimate?
Greystone Preparatory Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greystone Preparatory Schools 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: $82,881
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,000
For more financial information, click here
What is the mission statement of Greystone Preparatory Schools Inc?
Greystone Preparatory Schools Inc's mission is centered around providing an educational experience tailored to meet the specific academic requirements established by prestigious military and maritime institutions, such as the United States Military Academy, the United States Naval Academy, the United States Air Force Academy, the United States Coast Guard Academy, and the Merchant Marine Academy. The primary goal of the school is to prepare students academically, physically, and ethically, enabling them to secure appointments to these esteemed institutions. To achieve this, the school provides the necessary oversight, structure, and organization to empower students in their quest for admissions.
Who is the CEO of Greystone Preparatory Schools Inc?
David N Blackorby is the Finance Committee Chairman of Greystone Preparatory Schools Inc.
What is the revenue of Greystone Preparatory Schools Inc?
Greystone Preparatory Schools Inc's revenue in 2023 was $161,085.
Who are the executives of Greystone Preparatory Schools Inc and what are their salaries?
The average compensation at Greystone Preparatory Schools Inc during 2023 was $66,440. There are 2 employees at Greystone Preparatory Schools Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Greystone Preparatory Schools Inc?
Greystone Preparatory Schools Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Greystone Preparatory Schools Inc
Greystone Preparatory Schools Inc is committed to providing an education that aligns with the academic requirements established by renowned institutions such as the United States Military Academy, the United States Naval Academy, the United States Air Force Academy, the United States Coast Guard Academy, and the Merchant Marine Academy. The school's mission is to prepare students to secure appointments in these esteemed academies. By offering a structured environment and rigorous academic curriculum, Greystone Preparatory Schools Inc empowers its students to not only meet but exceed the academic standards required for these prestigious institutions. The school's mission extends beyond academics, focusing on instilling physical and ethical strength in its students, equipping them with the tools necessary to succeed once they secure their appointments.
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Impact
October, 2024
Greystone Preparatory Schools Inc has a significant impact on students aspiring to attend the prestigious military academies in the United States. The organization focuses on providing tailored educational programs that meet the specific academic requirements set by the U.S. Military Academy, U.S. Naval Academy, U.S. Air Force Academy, U.S. Coast Guard Academy, and the Merchant Marine Academy.
By preparing students academically, physically, and ethically, Greystone equips them with the skills and discipline necessary to qualify for and thrive in these rigorous academic environments. The structured and supportive environment fosters personal growth, resilience, and leadership skills, empowering students not only to secure their appointments at these esteemed institutions but also to succeed once they arrive.
The emphasis on oversight and organization ensures that students remain focused and motivated in their pursuits, ultimately enhancing their chances of achieving their dreams of service and leadership in the military and maritime sectors. Through its comprehensive approach, Greystone Preparatory Schools Inc plays a crucial role in shaping the future leaders of the United States armed forces.
This information is meant to be a general summary of Greystone Preparatory Schools 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.
- Investment Income: $24,372
- Program Service Revenue: $136,667
- Gross Receipts: $162,942
Assets and Liabilities:
- Total Assets: $274,966
- Total Liabilities: $2,126
- Net Assets: $272,840
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNIVERSITY OF THE OZAR
Revenue
$136,667
Organization Details
Founding Year
2002
Phone
(830) 238-4753Principal Officer
David N Blackorby
Main Address
P O BOX 293728, KERRVILLE, TX, 780293728
NTEE Category
Code: B25 - Education
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