Overview
What is Waxahachie Preparatory Academy Ministries?
Waxahachie Preparatory Academy Ministries is a nonprofit organization, primarily focusing on education for children from Christian families. Established with the purpose of offering a quality education alongside religious teachings, the organization operates exclusively for these two objectives. It is committed to providing a nurturing learning environment for its students, ensuring their overall development and well-being.
Official website here: www.waxahachieprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Star rating)
Waxahachie Preparatory Academy Ministries has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in accountability and finance, there are areas needing improvement. The charity has achieved a program expense ratio of 78.44%, which suggests that a significant portion of its funds is directed towards its programs, a positive indicator of its operational focus.
The organization boasts a fully independent board, scoring 100% for board independence, which reflects good governance practices. Additionally, it has robust policies in place, including conflict of interest and whistleblower policies, contributing positively to its accountability framework. These strengths illustrate the charity's commitment to transparency and ethical management.
However, the charity's liabilities to assets ratio of 76.01% is concerning, as it indicates potential financial instability. Although the organization has established prudent policies and governance structures, addressing this financial issue will be crucial for enhancing its overall rating and ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Waxahachie Preparatory Academy Ministries legitimate?
Waxahachie Preparatory Academy Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waxahachie Preparatory Academy Ministries 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: $715,482
For more financial information, click here
Official website here: www.waxahachieprep.org
What is the mission statement of Waxahachie Preparatory Academy Ministries?
Waxahachie Preparatory Academy Ministries is an educational institution with a specific focus. Its mission is to offer high-quality education to children from Christian families. The organization operates with a dual purpose, serving both educational and religious needs. It is dedicated to providing a conducive learning environment that aligns with the religious beliefs of its students' families. The academy operates solely for these two purposes, ensuring that it caters to both the academic and spiritual growth of its students.
Official website here: www.waxahachieprep.org
What is the revenue of Waxahachie Preparatory Academy Ministries?
Waxahachie Preparatory Academy Ministries's revenue in 2023 was $1,408,156.
Official website here: www.waxahachieprep.org
Who are the executives of Waxahachie Preparatory Academy Ministries and what are their salaries?
The average compensation at Waxahachie Preparatory Academy Ministries during 2023 was $16,639. There are 43 employees at Waxahachie Preparatory Academy Ministries.
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Official website here: www.waxahachieprep.org
Where can I find the form 990 for Waxahachie Preparatory Academy Ministries?
Waxahachie Preparatory Academy Ministries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.waxahachieprep.org
Learn more at the official website: www.waxahachieprep.org
Mission Statement of Waxahachie Preparatory Academy Ministries
Waxahachie Preparatory Academy Ministries is an institution dedicated to offering a high-quality education to children from Christian families. The organization operates with a dual focus, serving both educational and religious purposes. Its mission is to provide a nurturing environment where students can grow academically and spiritually, guided by Christian values. The Academy aims to foster a strong foundation for its students, preparing them for their future endeavors while instilling a sense of faith and moral principles.
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Impact
July, 2024
Waxahachie Preparatory Academy Ministries provides a valuable educational opportunity for children of Christian families in its community. By offering a curriculum that integrates both academic excellence and religious teachings, the organization is able to shape the minds and hearts of young individuals. Through its mission-focused approach, Waxahachie Preparatory Academy Ministries not only prepares students for academic success but also instills important values and principles that can guide them throughout their lives. This impact extends beyond the classroom, influencing the broader community by nurturing future generations of well-rounded individuals grounded in both education and faith.
This information is meant to be a general summary of Waxahachie Preparatory Academy Ministries. 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: $1,317,069
- Gross Receipts: $1,445,645
Assets and Liabilities:
- Total Assets: $975,958
- Total Liabilities: $741,830
- Net Assets: $234,128
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION FEES
Revenue
$97,454
ATHLETICS REVENUE
Revenue
$39,620
CLASSROOM & SUPPLY FEES
Revenue
$114,964
TUITION
Revenue
$1,040,530
WARIOR FAMILY ASSOCIATION
Revenue
$24,501
Organization Details
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