Overview
What is Academy Prep Center Of St Petersburg?
Academy Prep Center of St. Petersburg is a nonprofit organization committed to fostering the academic, social, and ethical growth of middle school students. By providing a rigorous educational program and need-based scholarships, the center aims to cultivate future community leaders. Through its comprehensive middle school program, the organization empowers students with the necessary skills and support to thrive, and continues to assist them during their post-secondary education. The mission of the Academy Prep Center of St. Petersburg is to inspire and equip underprivileged students with the tools required to become influential members of society.
Official website here: www.academyprep.org/stpete
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Academy Prep Center Of St Petersburg has achieved an impressive 97% rating from Charity Navigator, which highlights its strong emphasis on accountability and finance. The organization has been recognized for its fully independent board and robust financial oversight, which contributes to its overall excellence in governance. The positive evaluation underscores the charity's commitment to maintaining a transparent and effective operational structure.
The nonprofit demonstrates solid financial health, with a program expense ratio of 77.17%, indicating that a significant portion of its budget is dedicated to its programs. Additionally, it boasts a fundraising efficiency ratio of $0.06, meaning it spends minimal resources on fundraising efforts, further maximizing the impact of donations. These metrics reflect the organization’s capacity to utilize funds effectively to further its mission.
While the data presents a strong overall picture, it is essential for potential donors and supporters to consider the organization's specific programs and community impact to fully understand the scope of its work. There are no notable limitations or concerns mentioned in the feedback, reinforcing the charity's reputation as a trustworthy and well-managed entity.
This AI summary has been generated from information found on Charity Navigator.
Is Academy Prep Center Of St Petersburg legitimate?
Academy Prep Center Of St Petersburg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Prep Center Of St Petersburg 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: $138,268
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,447,435
For more financial information, click here
Official website here: www.academyprep.org/stpete
What is the mission statement of Academy Prep Center Of St Petersburg?
The Academy Prep Center's mission is to inspire and empower students who qualify for need-based scholarships, nurturing them to become future community leaders. This is achieved through a rigorous middle school program, which is coupled with ongoing graduate support. The aim is to promote the overall development of these students, encompassing their educational, social, and ethical growth. The center aspires to transform these scholars into positive and productive members of society.
Official website here: www.academyprep.org/stpete
Who is the CEO of Academy Prep Center Of St Petersburg?
Terri Scarcelli Ea is the Chair of Academy Prep Center Of St Petersburg.
Official website here: www.academyprep.org/stpete
What is the revenue of Academy Prep Center Of St Petersburg?
Academy Prep Center Of St Petersburg's revenue in 2023 was $2,731,920.
Official website here: www.academyprep.org/stpete
Who are the executives of Academy Prep Center Of St Petersburg and what are their salaries?
There 150 volunteers at Academy Prep Center Of St Petersburg.
Here are 26 key members and their salaries:
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Official website here: www.academyprep.org/stpete
Where can I find the form 990 for Academy Prep Center Of St Petersburg?
Academy Prep Center Of St Petersburg's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.academyprep.org/stpete
Learn more at the official website: www.academyprep.org/stpete
Mission Statement of Academy Prep Center Of St Petersburg
Academy Prep Center of St. Petersburg is dedicated to inspiring and empowering students who qualify for need-based scholarships, with the aim of transforming them into future community leaders. This is achieved through a rigorous middle school program, coupled with ongoing graduate support. The center's mission is to foster the educational, social, and ethical development of these students, enabling them to become positive and productive members of society. By offering a challenging academic program, the center aims to nurture the potential of these students, providing them with the tools they need to succeed in their future endeavors and contribute meaningfully to their communities. The center's commitment to ongoing graduate support ensures that the students continue to receive the guidance and support they need to realize their full potential and make a lasting impact in their communities.
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Impact
July, 2024
Academy Prep Center Of St Petersburg has a significant impact on the community by inspiring and empowering students qualifying for need-based scholarships to become future community leaders. Through a rigorous middle school program coupled with ongoing graduate support, the organization promotes the educational, social, and ethical development of middle school students. By providing a pathway for students to succeed in academics and become positive, productive members of society, Academy Prep Center Of St Petersburg plays a vital role in shaping the future leaders of tomorrow.
This information is meant to be a general summary of Academy Prep Center Of St Petersburg. 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: $998,430
- Gross Receipts: $2,898,395
Assets and Liabilities:
- Total Assets: $15,676,991
- Total Liabilities: $74,911
- Net Assets: $15,602,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION - SCHOLARSHIP
Revenue
$970,813
ACTIVITY FEE
Revenue
$27,617
Organization Details
Founding Year
1996
Phone
(863) 940-8900Principal Officer
Terri Scarcelli Ea
Main Address
2301 22ND AVENUE SOUTH, ST PETERSBURG, FL, 33712
Website
www.academyprep.org/stpeteNTEE Category
Code: B250 - Education
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