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
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%
Rainier Prep has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, scoring 96%. The organization demonstrates effective governance with a fully independent board and robust financial oversight, ensuring transparency and responsible management of resources. With a high program expense ratio of 84.24%, it indicates a significant commitment to utilizing funds directly for its programs.
The nonprofit excels in creating a positive culture and community impact, evidenced by a perfect score of 100% in both culture & community and feedback collection. The organization actively incorporates feedback into its programs, showcasing a commitment to continuous improvement and responsiveness to stakeholder needs. The investment in leadership development is also commendable, indicating a strategic focus on building capacity within the organization.
However, despite the overall strong performance, the impact and measurement score of 86% suggests there may be areas for improvement in evaluating and demonstrating the tangible outcomes of its programs. As with any organization, continued efforts to enhance its effectiveness in measuring impact could further strengthen its mission and outreach.
This AI summary has been generated from information found on Charity Navigator.
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.
Heare 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.
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- Compensation: $126,000
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- Other: $34,713
Official website here: www.rainierprep.org
Where can I find the form 990 for Rainier Prep?
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.
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Impact
July, 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.
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.
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: $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
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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
Phone
(206) 494-5979Principal Officer
Karen Lobos
Main Address
10211 12TH AVE S, SEATTLE, WA, 98168
Website
www.rainierprep.orgNTEE Category
Code: B20 - Education
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