Overview
What is Catch Prep Charter High Inc?
Catch Prep Charter High Inc is a nonprofit organization situated in Los Angeles, California, specifically at 4218 11TH AVENUE, CA 90008. Their primary mission is to support at-risk senior high school students in grades 9-12, aiming to serve an increasing number of students annually. The organization's operations are primarily driven by three significant expenses: payroll and employee benefits, rent, and insurance. Payroll and employee benefits are the core expenses, as they cater to the teachers, administrators, and principals who are instrumental in the program. Rent is crucial for providing a learning environment, while insurance is necessary for safeguarding the organization from unforeseen circumstances. Catch Prep Charter High Inc's mission involves offering services to these at-risk students in their formative years.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Catch Prep Charter High Inc has achieved an impressive 92% rating from Charity Navigator, reflecting strong accountability and financial practices. This high score is derived entirely from their Accountability & Finance score, indicating a robust commitment to transparency and responsible financial management. The organization has a completely independent board and demonstrates exemplary oversight with no reported material diversions of assets.
Strengths noted in the assessment include a 100% program expense ratio, meaning all funds are directed towards their programs, and a perfect fundraising efficiency ratio, indicating that they incur no costs in fundraising efforts. The organization also maintains a healthy working capital ratio of 1.37 years, suggesting they are well-positioned to sustain operations without immediate financial pressure.
While the data presents a highly favorable view of Catch Prep Charter High Inc, it is important for potential donors and stakeholders to consider continuous engagement and follow-up to ensure the organization maintains these high standards. Overall, the nonprofit stands out for its financial prudence and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Catch Prep Charter High Inc legitimate?
Catch Prep Charter High Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catch Prep Charter High 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: $156,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,276,760
For more financial information, click here
What is the mission statement of Catch Prep Charter High Inc?
Catch Prep Charter High Inc is committed to serving at-risk senior high school students, specifically those in grades 9-12. The institution's primary goal is to provide support to this demographic, aiming to increase the number of students it serves annually. The school's mission is primarily focused on its staff, including teachers, administrators, and principals, who are instrumental in the program's success. A significant portion of the budget is allocated to payroll and employee benefits, reflecting the importance placed on these key personnel. Additionally, the school requires a physical location for teaching, making rent a substantial expense. Lastly, insurance is another crucial component of the budget, necessary to protect the organization from unforeseen circumstances.
Who is the CEO of Catch Prep Charter High Inc?
Mspatricia Smith is the Executive Director of Catch Prep Charter High Inc.
What is the revenue of Catch Prep Charter High Inc?
Catch Prep Charter High Inc's revenue in 2022 was $4,614,752.
Who are the executives of Catch Prep Charter High Inc and what are their salaries?
The average compensation at Catch Prep Charter High Inc during 2022 was $89,562. There are 16 employees and 21 volunteers at Catch Prep Charter High Inc.
Here are 9 key members and their salaries:
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- Compensation: $156,240
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Where can I find the form 990 for Catch Prep Charter High Inc?
Catch Prep Charter High Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Catch Prep Charter High Inc
Catch Prep Charter High, a charter school, is committed to serving at-risk senior high school students in grades 9-12. The organization's mission is centered around providing essential support to these students, aiming to assist an increasing number in the future. The school's operations are primarily driven by three substantial expenses: payroll and employee benefits, rent, and insurance. The payroll expense, which constitutes the main program cost, is crucial as it covers the salaries of teachers, administrators, principals, and other key personnel essential for the program's success. The second significant expense is rent, without which the school would be unable to carry out its educational activities. Lastly, insurance is another substantial expense, playing a crucial role in protecting the organization from unforeseen circumstances.
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Impact
July, 2024
Catch Prep Charter High Inc's impact can be seen in the transformation of at-risk senior high school students in grades 9-12 in Los Angeles, CA. By providing these students with educational services and support, Catch Prep Charter High is helping them overcome challenges and achieve academic success. With a focus on ensuring that more students have access to these crucial services, the organization has served 250 students in 2008 and continues to expand its reach in the following years. The dedicated team of teachers, admins, and principals play a key role in the program's success, supported by essential resources such as a conducive learning environment and necessary insurance coverage for unforeseen circumstances. Through its commitment to education and empowerment, Catch Prep Charter High is making a significant impact on the lives of at-risk students and the community as a whole.
This information is meant to be a general summary of Catch Prep Charter High 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.
- Investment Income: $12,066
- Gross Receipts: $4,614,752
Assets and Liabilities:
- Total Assets: $3,645,157
- Total Liabilities: $73,137
- Net Assets: $3,572,020
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Organization Details
Founding Year
2003
Phone
(323) 778-7700Principal Officer
Mspatricia Smith
Main Address
4218 11TH AVENUE, LOS ANGELES, CA, 90008
NTEE Category
Code: B29 - Education
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