Overview
What is Legacy Preparatory Academy Inc?
Legacy Preparatory Academy Inc, based at 302 E LINEBAUGH AVE, TAMPA, FLORIDA 33612, is a nonprofit organization dedicated to operating a public charter school within the state of Florida. Their primary mission is to provide educational services for children, aiming to contribute positively to the community's educational landscape. The organization employs a team of 31 individuals, demonstrating their commitment to delivering quality education.
Official website here: www.legacyprepacademy.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
Legacy Preparatory Academy Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in its accountability and finance practices. The overall score of 81% reflects a commitment to transparency and effective financial management, particularly highlighted by a program expense ratio of 94.97%, which suggests that a significant portion of its resources are directed towards its programs.
The organization demonstrates strong governance practices, with an independent board consisting entirely of 100% independent members, and robust financial oversight. However, the absence of a whistleblower policy may raise concerns regarding potential vulnerabilities in reporting unethical behavior or practices.
While the organization performs well in several areas of accountability, the liabilities to assets ratio of 171.32% indicates a potential risk in financial stability, which could warrant attention from stakeholders. Overall, Legacy Preparatory Academy Inc shows a commendable commitment to fiscal responsibility, though some areas for improvement exist.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Preparatory Academy Inc legitimate?
Legacy Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy 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.
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Official website here: www.legacyprepacademy.org/
What is the mission statement of Legacy Preparatory Academy Inc?
Legacy Preparatory Academy Inc's primary mission is to operate a public charter school within Florida. This mission extends to providing educational services for children, ensuring they receive a quality education in a charter school setting. The academy strives to contribute to the state's educational landscape, offering an alternative educational option for families. By operating as a public charter school, Legacy Preparatory Academy Inc aims to offer a flexible and innovative learning environment that caters to the unique needs of its students.
Official website here: www.legacyprepacademy.org/
Who is the CEO of Legacy Preparatory Academy Inc?
Yolonda Capers is the Principal Officer of Legacy Preparatory Academy Inc.
Official website here: www.legacyprepacademy.org/
What is the revenue of Legacy Preparatory Academy Inc?
Legacy Preparatory Academy Inc's revenue in 2023 was $2,240,825.
Official website here: www.legacyprepacademy.org/
Who are the executives of Legacy Preparatory Academy Inc and what are their salaries?
There are 31 employees and 25 volunteers at Legacy Preparatory Academy Inc.
Here are 7 key members and their salaries:
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Official website here: www.legacyprepacademy.org/
Where can I find the form 990 for Legacy Preparatory Academy Inc?
Legacy Preparatory Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.legacyprepacademy.org/
Learn more at the official website: www.legacyprepacademy.org/
Mission Statement of Legacy Preparatory Academy Inc
Legacy Preparatory Academy Inc, established in Florida, is dedicated to operating a public charter school. This mission encompasses providing educational services for children within the state's boundaries. The Academy's primary objective is to operate a public charter school, which serves as a platform for delivering quality education to its students. The Academy strives to create an environment that fosters learning and personal growth, aiming to contribute positively to the educational landscape in Florida.
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Impact
July, 2024
Legacy Preparatory Academy Inc's impact lies in providing educational services for children in Florida through its operation as a public charter school. By offering a unique educational environment, Legacy Preparatory Academy Inc plays a vital role in shaping the academic and personal development of its students. Through its mission to operate a public charter school, this organization contributes to the improvement of educational opportunities for children and serves as a beacon of learning in the Tampa area.
This information is meant to be a general summary of Legacy 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 2023.
- Program Service Revenue: $2,142,831
- Gross Receipts: $2,240,825
Assets and Liabilities:
- Total Assets: $455,130
- Total Liabilities: $779,746
- Net Assets: -$324,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FTE-PER STUDENT FUNDING
Revenue
$1,208,387
FEDERAL FUNDING
Revenue
$934,444
Organization Details
Founding Year
2003
Phone
(813) 253-0053Principal Officer
Yolonda Capers
Main Address
302 E LINEBAUGH AVE, TAMPA, FL, 33612
Website
www.legacyprepacademy.org/NTEE Category
Code: B29 - Education
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