Overview
What is Camden Prep Foundation Inc?
Camden Prep Foundation Inc, based in New York City, is a nonprofit organization dedicated to supporting Camden Prep Charter School of Camden. Established with the mission to facilitate both operational and developmental aspects, the foundation has focused on the acquisition and enhancement of facilities. By doing so, it ensures a nurturing environment for students at Camden Prep Charter School. The foundation's work is essential in ensuring the school's continued success and growth.
Official website here: www.uncommonschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating.
Camden Prep Foundation Inc has received a moderate rating of 74% from Charity Navigator, which indicates some strengths in its financial practices and governance. The organization scores highly for its program expense ratio, demonstrating that all its expenses are directed towards its programs. Additionally, the nonprofit has a strong independent board presence, with 66% of its members being independent, and has implemented essential policies like conflict of interest and whistleblower protections.
However, there are notable areas of concern that contribute to the two-star rating. The organization lacks a sufficient number of independent board members, having only two, which raises questions about governance effectiveness. Furthermore, the missing tax form on the nonprofit's website is a significant oversight, as transparency in financial documentation is crucial for building trust and accountability. Additionally, the liabilities to assets ratio appears concerning at 89.04%, suggesting potential financial stability issues.
This AI summary has been generated from information found on Charity Navigator.
Is Camden Prep Foundation Inc legitimate?
Camden Prep Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camden Prep Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.uncommonschools.org
What is the mission statement of Camden Prep Foundation Inc?
The Camden Prep Foundation was established to provide assistance to Camden Prep Charter School, both operationally and in the acquisition and development of facilities. The foundation's primary goal is to support the charter school in its mission. Expenses incurred by the foundation are directed towards enhancing the educational experience and operational efficiency of the school. The foundation's activities are focused on ensuring the school has the necessary resources to thrive and grow. By supporting Camden Prep Charter School, the foundation aims to contribute to the improvement of education in the community. The foundation's efforts are geared towards creating a conducive learning environment that prepares students for future success.
Official website here: www.uncommonschools.org
Who is the CEO of Camden Prep Foundation Inc?
Brett Peiser is the Director / Ceo of Camden Prep Foundation Inc. The CEO's salary of Camden Prep Foundation Inc is $0 and their total compensation is $378,123.
Official website here: www.uncommonschools.org
What is the revenue of Camden Prep Foundation Inc?
Camden Prep Foundation Inc's revenue in 2022 was $16,422,961.
Official website here: www.uncommonschools.org
Who are the executives of Camden Prep Foundation Inc and what are their salaries?
There 3 volunteers at Camden Prep Foundation Inc.
Here are 4 key members and their salaries (Camden Prep Foundation Inc's CEO's salary is $0 and their total compensation is $378,123):
- Compensation: $0
- Related: $354,168
- Other: $23,955
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.uncommonschools.org
Where can I find the form 990 for Camden Prep Foundation Inc?
Camden Prep Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uncommonschools.org
Learn more at the official website: www.uncommonschools.org
Mission Statement of Camden Prep Foundation Inc
Camden Prep Foundation, a nonprofit organization, was established with the primary objective of supporting Camden Prep Charter School of Camden in both operational and facility acquisition and development aspects. This foundation plays a crucial role in ensuring the smooth functioning and growth of the charter school. In essence, Camden Prep Foundation serves as a critical partner to Camden Prep Charter School, providing essential resources and assistance necessary for its success. The organization's mission is multifaceted, with a primary focus on operational support and facility development for the charter school. By doing so, Camden Prep Foundation enables the school to provide quality education to its students and create an optimal learning environment. Please note that for more detailed information about the organization's mission, one may refer to Form 990, Part III, Line 1.
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Impact
October, 2024
Camden Prep Foundation Inc has a significant impact on the educational landscape of Camden by providing crucial operational support and facilitating the acquisition and development of facilities for Camden Prep Charter School. This support not only enhances the school's infrastructure but also ensures that students have access to quality educational resources and environments conducive to learning. The foundation's efforts contribute to the overall improvement of educational outcomes in the community by fostering growth and sustainability within the charter school, ultimately leading to better opportunities for students in Camden.
This information is meant to be a general summary of Camden Prep Foundation 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.
- Investment Income: $67,330
- Program Service Revenue: $2,996,490
- Gross Receipts: $16,422,961
Assets and Liabilities:
- Total Assets: $127,361,883
- Total Liabilities: $114,704,797
- Net Assets: $12,657,086
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,805,528
MANAGEMENT FEES
Revenue
$190,962
Organization Details
Founding Year
2016
Phone
(646) 774-2150Principal Officer
Brett Peiser
Main Address
55 BROAD STREET 3RD FLOOR, NEW YORK, NY, 10004
Website
www.uncommonschools.orgNTEE Category
Code: B11 - Education
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