Overview
What is Colleton Preparatory Academy Inc?
Colleton Preparatory Academy Inc, located in Walterboro, South Carolina, is a nonprofit organization dedicated to providing a high-quality education to students in grades K4-12. With a small student body of 487, the academy offers an advantageous learning environment, allowing each student to actively participate in a range of clubs and activities. The academy's mission is to ensure that its students receive an excellent education, benefiting from small class sizes. The organization employs a team of 113 individuals, working tirelessly to uphold this mission.
Official website here: www.colletonprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Colleton Preparatory Academy Inc has received a low rating of 54% from Charity Navigator, indicating concerns about its accountability and finance practices. The overall score is derived solely from its Accountability & Finance, which highlights significant issues, particularly the absence of essential financial statements and key governance policies like a conflict of interest policy and a whistleblower policy.
On a positive note, the organization benefits from having a fully independent board, which shows a commitment to governance integrity. Additionally, it has a high program expense ratio of 81.52%, suggesting that a substantial portion of its resources is directed towards its programs rather than administrative costs. This reflects a focus on mission delivery and service provision.
However, the lack of financial transparency and necessary policies raises red flags about the organization's operations. The high liabilities to assets ratio of 132.38% indicates potential financial instability, which could impact its long-term sustainability and effectiveness. Overall, while Colleton Preparatory Academy demonstrates strengths in governance composition and program spending, significant weaknesses in financial accountability remain a concern.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Colleton Preparatory Academy Inc?
100% of 40 reviewers on Facebook recommend Colleton Preparatory Academy Inc. Here's a summary of their reviews:
The overwhelming sentiment suggests that the academy is highly regarded for its exceptional staff and teachers. Many parents express appreciation for the patience and kindness demonstrated by the school personnel, emphasizing the family-like atmosphere. The reviews indicate that the school community truly values the supportive and nurturing environment that is cultivated here.
Overall, the positive feedback reflects a strong conviction that Colleton Preparatory Academy delivers on its commitment to caring for its students and their families.
This AI summary has been generated from reviews found on Facebook.
Is Colleton Preparatory Academy Inc legitimate?
Colleton Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colleton 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: $1,751,231
For more financial information, click here
Official website here: www.colletonprep.org
What is the mission statement of Colleton Preparatory Academy Inc?
Colleton Preparatory Academy Inc's mission is centered around providing a quality education to students in grades K4-12, including those as young as 0-3 years old. The academy achieves this by maintaining small class sizes, offering various clubs and activities, and catering to the educational needs of its 487 students this year. The academy's aim is to empower its students, enabling them to make the most of their educational journey.
Official website here: www.colletonprep.org
Who is the CEO of Colleton Preparatory Academy Inc?
Josh White is the Secretary of Colleton Preparatory Academy Inc.
Official website here: www.colletonprep.org
What is the revenue of Colleton Preparatory Academy Inc?
Colleton Preparatory Academy Inc's revenue in 2022 was $2,813,823.
Official website here: www.colletonprep.org
Who are the executives of Colleton Preparatory Academy Inc and what are their salaries?
The average compensation at Colleton Preparatory Academy Inc during 2022 was $15,498. There are 113 employees and 400 volunteers at Colleton Preparatory Academy Inc.
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Official website here: www.colletonprep.org
Where can I find the form 990 for Colleton Preparatory Academy Inc?
Colleton Preparatory Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.colletonprep.org
Learn more at the official website: www.colletonprep.org
Mission Statement of Colleton Preparatory Academy Inc
Colleton Preparatory Academy Inc, a renowned educational institution, is committed to enabling students in grades K4-12, including those as young as 0-3 years old, to acquire a quality education. The academy achieves this by maintaining small class sizes, ensuring each student receives personalized attention. Furthermore, it offers a wide array of clubs and activities, fostering a well-rounded educational experience. With a student body of 487 individuals this year, Colleton Preparatory Academy Inc is dedicated to providing an excellent educational foundation that empowers its students to reach their full potential.
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Impact
July, 2024
Colleton Preparatory Academy Inc, located in Walterboro, South Carolina, has a significant impact on the education of students in grades K4-12. With a mission to enable students to obtain a quality education, the academy offers small class sizes and a variety of clubs and activities for its students. This year, the academy served 487 students, providing them with the resources and environment necessary for their academic growth and development. By fostering a supportive and engaging learning environment, Colleton Preparatory Academy plays a crucial role in shaping the educational journey of its students.
This information is meant to be a general summary of Colleton 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 2022.
- Program Service Revenue: $2,685,420
- Gross Receipts: $2,813,823
Assets and Liabilities:
- Total Assets: $3,363,120
- Total Liabilities: $3,506,602
- Net Assets: -$143,482
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION BLDG OTH FEES
Revenue
$2,515,533
CANTEENNET
Revenue
$63,666
HAWKS CLUB CAMPS
Revenue
$26,656
ATHLETICS OTHER
Revenue
$79,565
Organization Details
Founding Year
1991
Principal Officer
Josh White
Main Address
PO BOX 1426, WALTERBORO, SC, 29488
Website
www.colletonprep.orgNTEE Category
Code: B24Z - Education
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