Overview
What is Prep Public Schools?
Prep Public Schools, located in Chattanooga, Tennessee, is a nonprofit organization dedicated to serving the city's vulnerable populations, primarily focusing on boys and young men experiencing poverty in Hamilton County. Their mission is to provide a rigorous and supportive learning environment that fosters resilience, encourages academic excellence, inspires leadership, and prepares critical thinkers. The comprehensive curriculum, centered around themes of innovation and leadership development, incorporates rigorous coursework in various subjects such as literacy, science, technology, engineering, mathematics, arts, and social/cultural studies. The curriculum is designed to overcome specific barriers affecting student achievement, thereby contributing to the betterment of the community's youth. Prep Public Schools currently employs 77 individuals and welcomed its first class of 66 sixth graders in August 2018, aiming to serve 350 young men in grades 6-12 over the next seven years.
Official website here: www.chattanoogaprep.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Prep Public Schools has received a Three-Star rating from Charity Navigator, indicating a solid score of 82% based primarily on its Accountability & Finance metrics. The organization demonstrates strengths in governance, with 100% of its board members being independent, ensuring strong oversight. Additionally, it has no reported instances of material asset diversion and maintains a good liabilities to assets ratio, reflecting sound financial health.
However, there are notable limitations in its accountability practices. The organization lacks a whistleblower policy and a document retention and destruction policy, which are essential components of robust governance. Furthermore, the nonprofit has not posted its tax forms on its website, which impacts its transparency score. These factors may raise concerns for potential donors regarding the organization's commitment to best practices in nonprofit management.
Overall, while Prep Public Schools shows a commitment to accountability in several areas, it could improve its transparency and governance practices to enhance its overall rating and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Prep Public Schools legitimate?
Prep Public Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prep Public Schools 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: $122,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,413,027
For more financial information, click here
Official website here: www.chattanoogaprep.com
What is the mission statement of Prep Public Schools?
Prep Public Schools, an all-boys public charter school, is committed to providing a rigorous yet supportive learning environment. This environment is designed to foster resilience, promote academic excellence, inspire leadership, and prepare critical thinkers among its students. The school welcomed its inaugural class of 66 sixth-grade students in August 2018 and aims to serve 350 young men in grades 6-12 over the next seven years. The mission of Prep Public Schools is to engage its students, nurturing their resilience and equipping them with the skills necessary for academic success and leadership.
Official website here: www.chattanoogaprep.com
Who is the CEO of Prep Public Schools?
Ted Alling is the Chair of Prep Public Schools. The CEO's salary of Prep Public Schools is $0 and their total compensation is $109,610.
Official website here: www.chattanoogaprep.com
What is the revenue of Prep Public Schools?
Prep Public Schools's revenue in 2022 was $6,245,127.
Official website here: www.chattanoogaprep.com
Who are the executives of Prep Public Schools and what are their salaries?
The average compensation at Prep Public Schools during 2022 was $32,926. There are 77 employees and 25 volunteers at Prep Public Schools.
Here are 18 key members and their salaries (Prep Public Schools's CEO's salary is $0 and their total compensation is $109,610):
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Official website here: www.chattanoogaprep.com
Where can I find the form 990 for Prep Public Schools?
Prep Public Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chattanoogaprep.com
Learn more at the official website: www.chattanoogaprep.com
Mission Statement of Prep Public Schools
Prep Public Schools, an all-boys educational institution, is committed to engaging young men in a rigorous yet supportive learning environment. Their mission is to nurture resilience, promote academic excellence, inspire leadership, and foster critical thinking among these students. Established in 2018 with 66 sixth-grade students, Prep Public Schools aims to serve 350 young men in grades 6-12 over the next seven years. The school strives to provide a learning atmosphere that encourages personal growth, academic achievement, and the development of strong leadership skills.
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Impact
July, 2024
Prep Public Schools, specifically Chattanooga Prep, is making a significant impact in the community by providing a quality education to the most vulnerable populations. This all-boys public charter school is dedicated to engaging young men in a rigorous yet supportive learning environment that nurtures resilience, promotes academic excellence, inspires leadership, and prepares critical thinkers. By offering a comprehensive, college preparatory curriculum focused on innovation and leadership development, Chattanooga Prep is addressing specific barriers that negatively affect student achievement among boys and young men experiencing poverty in Hamilton County, TN. This proactive approach is helping to empower and uplift these students, ultimately contributing to the overall improvement of the community.
This information is meant to be a general summary of Prep Public Schools. 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.
- Program Service Revenue: $91,999
- Gross Receipts: $6,249,035
Assets and Liabilities:
- Total Assets: $3,883,592
- Total Liabilities: $648,276
- Net Assets: $3,235,316
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATHLETIC DEPARTMENT
Revenue
$91,999
Organization Details
Founding Year
2017
Phone
(423) 664-5722Principal Officer
Ted Alling
Main Address
1802 BAILEY AVENUE, CHATTANOOGA, TN, 37404
Website
www.chattanoogaprep.comNTEE Category
Code: B29 - Education
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