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Wylie Preparatory Academy

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

EIN: 752942442 ✦ Wylie, TX ✦ Designated as a 501(c)(3)

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Overview

What is Wylie Preparatory Academy?

Wylie Preparatory Academy is a nonprofit organization situated in Wylie, Texas, with a postal address of PO Box 2273. Its primary mission is to operate a university-style school, offering Christian-based education for students from grade K through 12. This educational institution is dedicated to providing a comprehensive learning experience, fostering spiritual growth and academic excellence within its students. The organization is staffed by 129 individuals, ensuring a supportive learning environment for its student body.


Official website here: www.wylieprep.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 84%, Three-Star out of Four Star rating.

Wylie Preparatory Academy has received a solid score of 84%, indicating a commendable level of accountability and financial health. The organization boasts a fully independent board with 100% of its members meeting independence standards, which enhances governance. Additionally, the presence of various policies such as conflict of interest, whistleblower, and document retention demonstrates a commitment to ethical management and transparency.

Financially, the academy shows a healthy program expense ratio of 73.88%, signaling that a significant portion of its budget is allocated towards its core mission. However, the liabilities to assets ratio of 66.15% could raise some concerns regarding financial stability, suggesting that the organization may have a higher level of debt relative to its assets. This aspect warrants monitoring to ensure long-term sustainability.

Overall, while Wylie Preparatory Academy demonstrates strong governance and effective use of funds towards its programs, attention should be paid to its financial liabilities to maintain its operational viability.


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

What do the Facebook reviews say about Wylie Preparatory Academy?

100% of 17 reviewers on Facebook recommend Wylie Preparatory Academy. Here’s an overview of their input:

The community is highly supportive of the academy, as highlighted by expressions of appreciation for the student section during a recent State Championship game. Reviewers emphasize a strong sense of camaraderie and school spirit, indicating that the environment fosters both pride and enthusiasm among students and supporters.

Overall, the sentiments reflected in the reviews suggest that Wylie Preparatory Academy successfully engages its students and community, creating an uplifting atmosphere that resonates positively with parents and alumni alike.


This AI summary has been generated from reviews found on Facebook.

Is Wylie Preparatory Academy legitimate?

Wylie Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wylie Preparatory Academy 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: $1,663,426

For more financial information, click here


Official website here: www.wylieprep.com

What is the mission statement of Wylie Preparatory Academy?

Wylie Preparatory Academy's mission is centered around operating a university-style school, offering Christian-based education for students from kindergarten through twelfth grade. The institution is committed to providing a comprehensive educational experience that integrates religious values into its curriculum, catering to students from various grade levels. The primary goal of Wylie Preparatory Academy is to foster an educational environment that aligns with Christian beliefs, ensuring a well-rounded academic journey for its students.


Official website here: www.wylieprep.com

Who is the CEO of Wylie Preparatory Academy?

Scott Reuthinger is the Board Member of Wylie Preparatory Academy.


Official website here: www.wylieprep.com

What is the revenue of Wylie Preparatory Academy?

Wylie Preparatory Academy's revenue in 2023 was $2,972,140.


Official website here: www.wylieprep.com

Who are the executives of Wylie Preparatory Academy and what are their salaries?

The average compensation at Wylie Preparatory Academy during 2023 was $12,895. There are 129 employees at Wylie Preparatory Academy.


Here are 8 key members and their salaries:


Kristin Kelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Melbert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Baughier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lash Banks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Chambers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Kieser (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Reuthinger (Head Of School)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wylieprep.com

Where can I find the form 990 for Wylie Preparatory Academy?

Wylie Preparatory Academy's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wylieprep.com

Learn more at the official website: www.wylieprep.com

Mission Statement of Wylie Preparatory Academy

Wylie Preparatory Academy is committed to operating a university-style school that provides Christian-based education for students in grades K through 12. The academy's mission is to provide a comprehensive educational experience that is grounded in Christian values. This mission is reflected in the academy's day-to-day operations, aimed at nurturing the intellectual, social, and spiritual growth of each student. By adopting a university model, Wylie Preparatory Academy seeks to foster an environment that encourages independent learning, critical thinking, and academic excellence. The academy's Christian-based approach ensures that values such as respect, integrity, and compassion are integral parts of the learning experience, preparing students for a successful and fulfilling future.

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Impact




July, 2024

Wylie Preparatory Academy's impact lies in providing a high-quality university model education with a Christian foundation to students in grades K through 12. By offering this unique educational approach, the academy equips students with the tools they need to succeed academically, spiritually, and personally. Through its mission, Wylie Preparatory Academy plays a crucial role in shaping the future leaders of tomorrow with strong academic skills and a solid moral compass.




This information is meant to be a general summary of Wylie Preparatory Academy. 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
$2,972,140 (2023)
Expenses
$2,983,678 (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: $2,541,216
  • Gross Receipts: $2,972,140

Assets and Liabilities:

  • Total Assets: $5,481,190
  • Total Liabilities: $3,626,217
  • Net Assets: $1,854,973

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Programs

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

Tuition and Fees

Revenue

$2,840,535

Less Discounts

Revenue

-$497,069

Academic Income

Revenue

$112,619

Student & Family Minist

Revenue

$57,365

Student Activities

Revenue

$3,041

Organization Details

Founding Year

2001

Principal Officer

Scott Reuthinger

Main Address

PO Box 2273, Wylie, TX, 75098

NTEE Category

Code: B24 - Education

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