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Rainier Prep

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

EIN: 800956961 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Overview

What is Rainier Prep?

Rainier Prep is a 5th to 8th grade middle school situated in the Highline area, renowned for its commitment to college preparatory education for all its students. Established as one of Washington State's inaugural charter schools, Rainier Prep began its operations in the fall of 2015. The school's mission is to provide a robust and inclusive learning environment that equips students with the necessary skills and knowledge for higher education. However, additional information regarding their activities, programs, or specific initiatives is not provided in the given data.


Official website here: www.rainierprep.org

Is Rainier Prep legitimate?

Rainier Prep is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainier Prep 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.

Here are some key statistics you may want to consider:

Executive Compensation: $154,790
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,679,915

For more financial information, click here


Official website here: www.rainierprep.org

What is the mission statement of Rainier Prep?

Rainier Prep, as a middle school, is committed to college preparation for all students in the 5th to 8th grades. Being one of Washington State's first charter schools, it opened its doors in 2015 with a focus on this mission. The school's mission does not appear to explicitly detail specific methods or goals beyond college preparation for its students. It is primarily focused on ensuring that every student has the opportunity to pursue higher education.


Official website here: www.rainierprep.org

Who is the CEO of Rainier Prep?

Karen Lobos is the Board Chair of Rainier Prep.


Official website here: www.rainierprep.org

What is the revenue of Rainier Prep?

Rainier Prep's revenue in 2022 was $6,200,210.


Official website here: www.rainierprep.org

Who are the executives of Rainier Prep and what are their salaries?

The average compensation at Rainier Prep during 2022 was $56,694. There are 50 employees and 46 volunteers at Rainier Prep.

Here are 12 key members and their salaries:

    Karen Lobos (Executive Director)
  • Compensation: $126,000
  • Related: $0
  • Other: $34,713

    • Andy Jassy (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Boyle (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Kimball (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Smith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Taylor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Orser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherry Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nashra Rahman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guy Palumbo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Burke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max Silverman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rainierprep.org

    Where can I find the form 990 for Rainier Prep?

    The Rainier Prep’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rainierprep.org

    Learn more at the official website: www.rainierprep.org

    Mission Statement of Rainier Prep

    Rainier Prep, a middle school focused on college preparation, is committed to ensuring academic success for all its 5th to 8th grade students. As one of Washington State's first charter schools, Rainier Prep was established with a vision to provide an educational environment that emphasizes college readiness. Since its inception in 2015, the school has been serving as a beacon of opportunity for students in the Highline area, encouraging them to aspire towards higher education.

    Impact

    This information is meant to be a general summary of Rainier Prep. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Rainier Prep, a 5th-8th grade middle school in Seattle, WA, is making a significant impact by providing college prep education to all students in the Highline area. Since opening its doors in 2015 as one of Washington State's first charter schools, Rainier Prep has been dedicated to preparing its students for future academic success. This focus on college preparation is empowering young minds and setting them on a path towards higher education and career opportunities. Their commitment to academic excellence is shaping the lives of students and contributing positively to the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $35,574
  • Program Service Revenue: $4,448,499
  • Gross Receipts: $6,224,929

    • Assets and Liabilities:
  • Total Assets: $4,382,352
  • Total Liabilities: $1,297,159
  • Net Assets: $3,085,193
  • Programs

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

    STATE APPORTIONMENT

    Revenue

    $4,448,499

    Organization Details

    Founding Year

    2013

    Principal Officer

    Karen Lobos

    Main Address

    10211 12TH AVE S, SEATTLE, WA, 98168

    NTEE Category

    Code: B20 - Education

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