Overview
What is Aurum Preparatory Academy Inc?
Aurum Preparatory Academy Inc, based in Oakland, California, operates a tuition-free public charter school catering to students in grades 6-8. The academy is committed to delivering a high-quality education, focusing on enhancing literacy and mathematics skills in alignment with national standards adopted by the state of California. Beyond academics, Aurum Preparatory Academy fosters character development through its core values: focus, integrity, respect, self-determination, and teamwork. The organization employs a dedicated workforce of 32 individuals, aiming to prepare its students for success in high school, college, and future endeavors, ultimately nurturing them to become responsible leaders of tomorrow.
Official website here: www.aurumprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Aurum Preparatory Academy Inc has received an 88% rating from Charity Navigator, reflecting strong performance particularly in the areas of accountability and finance. The organization boasts a fully independent board and has admirable scores across various financial metrics, indicating prudent management of resources and a commitment to transparency.
The charity's financial statements are thoroughly audited, and there is no record of asset diversion, which enhances its credibility. Additionally, it maintains a high program expense ratio of nearly 82%, suggesting that a significant portion of its funds is directed towards its mission rather than administrative costs.
However, the organization does have some areas noted for improvement, particularly the absence of a whistleblower policy and document retention policy. Addressing these gaps could further strengthen its governance and accountability practices. Overall, Aurum Preparatory Academy Inc demonstrates a solid commitment to its financial integrity and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Aurum Preparatory Academy Inc legitimate?
Aurum Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aurum Preparatory Academy Inc 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: $149,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,135,758
For more financial information, click here
Official website here: www.aurumprep.org
What is the mission statement of Aurum Preparatory Academy Inc?
Aurum Preparatory Academy Inc, a tuition-free public charter school catering to students in grades 6-8, strives to provide a rigorous education that equips its students for success in high school, college, and beyond. The academy emphasizes both academic excellence and positive character development. Through its first values, which include focus, integrity, respect, self-determination, and teamwork, Aurum Preparatory Academy fosters a strong moral foundation among its students. Its curriculum is designed to enhance literacy and mathematics skills, aligning with rigorous national standards adopted by California. The ultimate goal of Aurum Preparatory Academy is to nurture the next generation of responsible leaders.
Official website here: www.aurumprep.org
Who is the CEO of Aurum Preparatory Academy Inc?
Unavailable
Official website here: www.aurumprep.org
What is the revenue of Aurum Preparatory Academy Inc?
Aurum Preparatory Academy Inc's revenue in 2022 was $3,595,308.
Official website here: www.aurumprep.org
Who are the executives of Aurum Preparatory Academy Inc and what are their salaries?
The average compensation at Aurum Preparatory Academy Inc during 2022 was $40,149. There are 32 employees at Aurum Preparatory Academy Inc.
Here are 6 key members and their salaries:
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- Compensation: $128,082
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Official website here: www.aurumprep.org
Where can I find the form 990 for Aurum Preparatory Academy Inc?
Aurum Preparatory Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aurumprep.org
Learn more at the official website: www.aurumprep.org
Mission Statement of Aurum Preparatory Academy Inc
Aurum Preparatory Academy Inc, a tuition-free public charter school serving students in grades 6-8, aims to educate its students with rigorous instruction and positive character education. The mission of this academy is to equip its students with the tools necessary to succeed in high school, college, and beyond, ultimately shaping them into the next generation of moral leaders. Aurum Preparatory Academy prioritizes a quality education, focusing on expanding literacy and mathematics skills in alignment with rigorous national standards adopted by the state of California. Beyond academic achievement, the academy also emphasizes character development, instilling values such as focus, integrity, respect, self-determination, and teamwork in its students. These core values are intended to foster well-rounded individuals who are prepared for success in all aspects of life.
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Impact
July, 2024
Aurum Preparatory Academy Inc's impact is significant in providing a quality education to students in grades 6-8. By operating as a tuition-free public charter school in Oakland, California, Aurum Prep is dedicated to preparing students for success in college and career. Through rigorous instruction and character education, the academy cultivates students who are not only academically proficient but also equipped to become future moral leaders. By focusing on expanding literacy and mathematics skills, Aurum Preparatory Academy ensures that its students are well-prepared for the challenges of high school, college, and beyond.
This information is meant to be a general summary of Aurum Preparatory Academy Inc. 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.
- Gross Receipts: $3,595,308
Assets and Liabilities:
- Total Assets: $2,144,769
- Total Liabilities: $404,411
- Net Assets: $1,740,358
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Organization Details
Founding Year
2015
Phone
(415) 763-8974Main Address
1034 66TH AVE, OAKLAND, CA, 946213536
Website
www.aurumprep.orgNTEE Category
Code: B29 - Education
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