Overview
What is Prodeo Academy Charter School 4213?
Prodeo Academy Charter School #4213 is a K-8, tuition-free public institution located in Minneapolis. With a strong focus on college preparation, the school aims to cultivate critical thinkers and intelligent leaders among its students. From the early stages of kindergarten, Prodeo Academy provides a rigorous and meaningful education to children in North Minneapolis. The mission of the school is to broaden opportunities for students, enabling them to contribute positively and productively to society.
Official website here: www.prodeoacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Prodeo Academy Charter School has received a two-star rating from Charity Navigator, indicating a need for improvement in its operational transparency and financial practices. The overall score of 73% reflects strengths in areas such as independent board membership and financial oversight, as evidenced by the high scores for these criteria. However, several key policies, including the whistleblower and document retention policies, are missing, which raises concerns about accountability.
The school demonstrates a strong commitment to program expenses, with an impressive program expense ratio of 82.28%, suggesting funds are effectively directed towards its core mission. Furthermore, the school has shown positive governance with 90% of its board members being independent, indicating a commitment to unbiased decision-making. Despite these strengths, the liabilities to assets ratio of 151.38% indicates potential financial risk that may need addressing.
Overall, while Prodeo Academy Charter School has good practices in place regarding board independence and program funding, it must focus on improving its governance policies and financial stability to enhance its rating and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Prodeo Academy Charter School 4213 legitimate?
Prodeo Academy Charter School #4213 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prodeo Academy Charter School #4213 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: $269,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,296,552
For more financial information, click here
Official website here: www.prodeoacademy.org
What is the mission statement of Prodeo Academy Charter School 4213?
Prodeo Academy Charter School is dedicated to nurturing critical thinkers and future leaders through a rigorous and meaningful education program. Starting from kindergarten, the school prepares students for higher education, setting them up for a productive and positive contribution to society. The mission of Prodeo Academy is to provide a free and effective education solution, expanding opportunities for students and fostering their potential to succeed. The school places a strong emphasis on academic rigor and preparing students for college, making it an essential resource in its community.
Official website here: www.prodeoacademy.org
Who is the CEO of Prodeo Academy Charter School 4213?
Jeffrey Klinefelter is the Chairperson of Prodeo Academy Charter School #4213. The CEO's salary of Prodeo Academy Charter School 4213 is $118,650 and their total compensation is $137,872.
Official website here: www.prodeoacademy.org
What is the revenue of Prodeo Academy Charter School 4213?
Prodeo Academy Charter School 4213's revenue in 2022 was $16,145,303.
Official website here: www.prodeoacademy.org
Who are the executives of Prodeo Academy Charter School 4213 and what are their salaries?
The average compensation at Prodeo Academy Charter School 4213 during 2022 was $45,567. There are 188 employees and 10 volunteers at Prodeo Academy Charter School 4213.
Here are 13 key members and their salaries (Prodeo Academy Charter School 4213's CEO's salary is $118,650 and their total compensation is $137,872):
- Compensation: $175,000
- Related: $0
- Other: $23,744
- Compensation: $118,650
- Related: $0
- Other: $19,222
- Compensation: $53,254
- Related: $0
- Other: $12,165
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.prodeoacademy.org
Where can I find the form 990 for Prodeo Academy Charter School 4213?
Prodeo Academy Charter School 4213's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prodeoacademy.org
Learn more at the official website: www.prodeoacademy.org
Mission Statement of Prodeo Academy Charter School 4213
Prodeo Academy, a K-8 charter school, is on a mission to prepare students in Minneapolis for higher education and instill in them the skills to become critical thinkers and leaders. Since kindergarten, the school focuses on delivering a rigorous and meaningful education to equip children with the tools they need to succeed in college and contribute positively to society. Prodeo Academy takes pride in being an essential education solution in North Minneapolis.
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Impact
October, 2024
Prodeo Academy Charter School 4213 significantly impacts the educational landscape of North Minneapolis by providing a rigorous, college preparatory curriculum to students from kindergarten through eighth grade. By focusing on developing critical thinking and leadership skills, Prodeo Academy aims to empower its students to become intelligent leaders who can contribute positively and productively to society.
The school is dedicated to ensuring that students not only receive a comprehensive education but also are well-prepared for the challenges of higher education. This approach fosters an environment where young learners can thrive academically and socially, equipping them with the necessary tools to pursue their aspirations.
Located in Columbia Heights, Minnesota, Prodeo Academy serves as an essential resource for families seeking a meaningful educational experience, particularly in a community that benefits from strong educational opportunities. By prioritizing a college-bound ethos from the outset, Prodeo Academy is committed to expanding the horizons for its students, ultimately aiming to transform lives and communities through education.
This information is meant to be a general summary of Prodeo Academy Charter School 4213. 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: $1,911
- Gross Receipts: $16,145,303
Assets and Liabilities:
- Total Assets: $10,823,129
- Total Liabilities: $13,842,446
- Net Assets: -$3,019,317
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Organization Details
Founding Year
2011
Phone
(763) 205-9950Principal Officer
Jeffrey Klinefelter
Main Address
4141 UNIVERSITY AVENUE NE, COLUMBIA HEIGHTS, MN, 55421
Website
www.prodeoacademy.orgNTEE Category
Code: B29 - Education
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