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Lowcountry Day School Inc Lowcountry Preparatory School

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

EIN: 571030350 ✦ Pawleys island, SC ✦ Designated as a 501(c)(3)

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Overview

What is Lowcountry Day School Inc Lowcountry Preparatory School?

Lowcountry Day School Inc, also known as Lowcountry Preparatory School, is a nonprofit organization situated in Pawleys Island, South Carolina. With a primary location at 300 Blue Stem Drive, the institution offers educational services and supporting activities to approximately 230 students, catering to grades from K-3 to 12. The school's mission is centered around providing a comprehensive educational experience, encompassing both academic and extracurricular activities. As of the provided information, the organization is staffed by a team of 51 dedicated employees.


Official website here: www.lowcountryprep.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58%, One-Star out of Four Stars

Lowcountry Day School Inc Lowcountry Preparatory School has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization shows strengths with a majority of independent board members and a high program expense ratio, suggesting that funds are primarily directed towards its programs. However, the low overall score highlights critical gaps in governance policies.

The absence of essential policies such as conflict of interest, whistleblower, and document retention is a notable limitation, which weighs heavily on the accountability score. While the organization has a good record of maintaining board meeting minutes and has demonstrated a commitment to asset management, the lack of transparency in these governance areas raises questions about oversight and ethical practices.

Furthermore, the liabilities to assets ratio suggests potential financial vulnerabilities, which could be a concern for stakeholders. Overall, while Lowcountry Preparatory School exhibits some positive aspects, the deficiencies in governance and financial stability present significant challenges that need to be addressed for improved trust and effectiveness.


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

Is Lowcountry Day School Inc Lowcountry Preparatory School legitimate?

Lowcountry Day School Inc Lowcountry Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lowcountry Day School Inc Lowcountry Preparatory School 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: $140,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,302,388

For more financial information, click here


Official website here: www.lowcountryprep.org

What is the mission statement of Lowcountry Day School Inc Lowcountry Preparatory School?

Lowcountry Day School Inc. Lowcountry Preparatory School is committed to providing education and supporting activities for students from grades K-3 through 12. Their mission involves offering a comprehensive educational experience to approximately 230 students. The school aims to foster an environment that supports the academic growth and overall development of each student, ensuring they receive a well-rounded education. The school's activities extend beyond the classroom, providing a holistic learning experience.


Official website here: www.lowcountryprep.org

Who is the CEO of Lowcountry Day School Inc Lowcountry Preparatory School?

Wes Wehunt is the Head Of School of Lowcountry Day School Inc Lowcountry Preparatory School.


Official website here: www.lowcountryprep.org

What is the revenue of Lowcountry Day School Inc Lowcountry Preparatory School?

Lowcountry Day School Inc Lowcountry Preparatory School's revenue in 2023 was $2,817,923.


Official website here: www.lowcountryprep.org

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

The average compensation at Lowcountry Day School Inc Lowcountry Preparatory School during 2023 was $28,294. There are 51 employees and 25 volunteers at Lowcountry Day School Inc Lowcountry Preparatory School.


Here are 9 key members and their salaries:


Scott K Gibson Iii (Head Of School)
  • Compensation: $140,608
  • Related: $0
  • Other: $0
Stacy Errico (Trustee Emerit)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindi Brooks (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Henry (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dargan Postal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Joseph (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Angner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Barr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Peace (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lowcountryprep.org

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

Lowcountry Day School Inc Lowcountry Preparatory School's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lowcountryprep.org

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

Mission Statement of Lowcountry Day School Inc Lowcountry Preparatory School

Lowcountry Day School Inc Lowcountry Preparatory School is dedicated to providing education and supporting activities for students from grades K-3 through 12. The mission of this institution is centered around offering a comprehensive learning experience, encompassing both formal instruction and supplementary activities. With approximately 230 students in its care, Lowcountry Day School Inc Lowcountry Preparatory School is committed to fostering a nurturing environment that caters to the academic and developmental needs of its students. The school's activities aim to provide a well-rounded education, ensuring that each student has the opportunity to grow both intellectually and personally.

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Impact




July, 2024

Lowcountry Preparatory School has a significant impact on the Pawleys Island community by providing educational opportunities for approximately 230 students from grades K-3 through 12. Through its rigorous academic programs and supportive activities, the school helps students develop their full potential and prepares them for success in higher education and beyond. By focusing on education, Lowcountry Preparatory School contributes to the intellectual growth and future prospects of its students, enriching the local community in the process.




This information is meant to be a general summary of Lowcountry Day School Inc Lowcountry Preparatory School. 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
$2,817,923 (2023)
Expenses
$2,499,463 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $2,584,666
  • Gross Receipts: $2,837,317

Assets and Liabilities:

  • Total Assets: $5,825,704
  • Total Liabilities: $3,777,577
  • Net Assets: $2,048,127

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Programs

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

ATHLETIC PROGRAM

Revenue

$54,478

LUNCH PROGRAM

Revenue

$117,258

TUITION AND FEES

Revenue

$2,389,525

YEARBOOKS

Revenue

$23,405

Organization Details

Founding Year

1995

Principal Officer

Wes Wehunt

Main Address

300 BLUE STEM DRIVE, PAWLEYS ISLAND, SC, 29585

NTEE Category

Code: B24Z - Education

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