Overview
What is Public Prep Charter School Academies?
Public Prep Charter School Academies is a New York-based nonprofit organization dedicated to the successful implementation and operation of elementary and middle charter schools. They employ a team of 514 instructional and administrative staff, providing them with salaries, benefits, and extensive professional development opportunities. The organization covers expenses related to classroom and office supplies, recruitment of students and staff, educational services, information technologies, equipment rental and depreciation, insurance, legal expenses, consultants, local travel, and miscellaneous expenses. Public Prep's mission is to prepare underserved elementary and middle school students for higher education, civic involvement, and lifelong success in a structured, caring environment with high academic expectations.
Official website here: www.publicprep.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Public Prep Charter School Academies has received a solid Three-Star rating, reflecting its strong commitment to accountability and finance, with a score of 81%. This rating primarily emphasizes the organization’s governance structure, including its majority-independent board and effective oversight measures, which contribute to its financial integrity. The high program expense ratio of nearly 90% indicates that a large portion of its resources is directed towards programming rather than administrative costs.
The organization excels in several key areas: it has a fully independent board, comprehensive financial statements oversight, and no reported material diversion of assets. Additionally, Public Prep has established thorough policies concerning conflict of interest, whistleblower protection, and document retention, which enhances its overall governance framework. These factors demonstrate a robust commitment to transparency and ethical management.
However, while the current ratings highlight strong accountability practices, there may be limited qualitative feedback available from stakeholders regarding the educational outcomes or community impact of the schools. As the rating is based solely on the financial and accountability metrics, prospective supporters might want to further explore the school’s effectiveness in meeting its educational goals and serving its student population.
This AI summary has been generated from information found on Charity Navigator.
Is Public Prep Charter School Academies legitimate?
Public Prep Charter School Academies is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Prep Charter School Academies 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: $889,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,953,240
For more financial information, click here
Official website here: www.publicprep.org
What is the mission statement of Public Prep Charter School Academies?
Public Prep Charter School Academies aim to prepare underserved elementary and middle school students for higher education, civic involvement, and lifelong success. They foster a structured and caring environment with high academic expectations to ensure students receive a solid foundation for their future. The school invests extensively in professional development, supplying classroom and office supplies, recruiting students and staff, and contracting educational services. Their budget covers salaries and benefits for instructional and administrative employees, books, furniture, information technologies, and equipment rental. They also allocate funds for insurance, legal expenses, consultants, and local travel, all contributing to the successful operation of the schools.
Official website here: www.publicprep.org
Who is the CEO of Public Prep Charter School Academies?
Janelle Bradshaw is the Ppn Ceo of Public Prep Charter School Academies. The CEO's salary of Public Prep Charter School Academies is $0 and their total compensation is $402,235.
Official website here: www.publicprep.org
What is the revenue of Public Prep Charter School Academies?
Public Prep Charter School Academies's revenue in 2022 was $53,038,541.
Official website here: www.publicprep.org
Who are the executives of Public Prep Charter School Academies and what are their salaries?
The average compensation at Public Prep Charter School Academies during 2022 was $48,333. There are 514 employees and 10 volunteers at Public Prep Charter School Academies.
Here are 19 key members and their salaries (Public Prep Charter School Academies's CEO's salary is $0 and their total compensation is $402,235):
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- Related: $372,994
- Other: $29,241
- Compensation: $173,124
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- Other: $27,442
- Compensation: $159,066
- Related: $0
- Other: $7,476
- Compensation: $156,454
- Related: $0
- Other: $20,891
- Compensation: $150,482
- Related: $0
- Other: $19,668
- Compensation: $152,169
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- Compensation: $143,425
- Related: $0
- Other: $12,983
- Compensation: $118,909
- Related: $0
- Other: $13,601
- Compensation: $110,057
- Related: $0
- Other: $11,783
Official website here: www.publicprep.org
Where can I find the form 990 for Public Prep Charter School Academies?
Public Prep Charter School Academies's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.publicprep.org
Learn more at the official website: www.publicprep.org
Mission Statement of Public Prep Charter School Academies
Public Prep Charter School Academies is a mission-driven organization dedicated to preparing underserved elementary and middle school students for higher education, civic involvement, and lifelong success. This charter school creates a structured, caring environment with high academic expectations to foster the growth and development of its students.
Through their committed efforts, Public Prep Charter School Academies covers various expenses essential for the implementation and operation of their elementary and middle schools. These expenses range from salaries and benefits for instructional and administrative employees to recruitment of students and staff, extensive professional development, and the procurement of necessary supplies and materials. The organization invests significantly in books, furniture, contracted educational services, information technologies, equipment rental, and depreciation. Additionally, Public Prep Charter School Academies covers insurance, legal expenses, consultants, and local travel expenses, ensuring the successful operation of their schools.
In summary, Public Prep Charter School Academies is a dedicated nonprofit organization that prioritizes the education and future success of underserved elementary and middle school students. By creating a structured, caring environment and providing the necessary resources and support, the organization sets its students on a path towards higher education, civic involvement, and lifelong success. The wide range of expenses covered by Public Prep Charter School Academies demonstrates their commitment to ensuring the best possible educational experience for their students.
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Impact
October, 2024
Public Prep Charter School Academies significantly impacts the educational landscape for underserved elementary and middle school students in New York. Its mission focuses on preparing students for higher education, encouraging civic involvement, and fostering lifelong success through a structured and supportive environment that upholds high academic expectations.
The academies invest in a range of essential resources to create an effective learning environment. Expenditures are allocated to the salaries and benefits of both instructional and administrative staff, ensuring a motivated and qualified team dedicated to student success. The schools prioritize extensive professional development, equipping educators with the tools and insights needed to enhance their teaching practices.
Additionally, classroom and office supplies, as well as advanced technologies, are provided to create an enriching educational setting. This includes investments in books and furniture that facilitate learning. Recruitment efforts for both students and staff help maintain a vibrant school community, which is crucial for sustaining the schools' mission.
Overall, Public Prep's focused approach to education not only elevates academic standards but also strengthens the civic engagement of its students, helping them to thrive both in school and beyond.
This information is meant to be a general summary of Public Prep Charter School Academies. 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: $87
- Program Service Revenue: $40,038,976
- Gross Receipts: $53,038,541
Assets and Liabilities:
- Total Assets: $30,236,261
- Total Liabilities: $5,513,835
- Net Assets: $24,722,426
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE & LOCAL PER PUPIL OPERATING
Revenue
$39,012,870
MEAL REIMBURSEMENTS - FED. & STAT
Revenue
$889,214
AFTER SCHOOL
Revenue
$115,485
OTHER INCOME
Revenue
$21,407
Organization Details
Founding Year
2004
Phone
(212) 346-6000Principal Officer
Janelle Bradshaw
Main Address
442 E HOUSTON ST 5TH FLOOR, NEW YORK, NY, 10002
Website
www.publicprep.orgNTEE Category
Code: B29 - Education
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