Overview
What is Allegiant Preparatory Academy?
Allegiant Preparatory Academy is a nonprofit organization located in Indianapolis, Indiana. Established with a mission to educate students from grades K-8, it focuses on rigorous academics, character development, and community involvement. The academy is committed to fostering college success and promoting a lifestyle of positive action. As per recent data, 81% of third-grade scholars have passed the IREAD3 assessment, indicating the academy's positive impact on its students' academic growth. With a team of 17 dedicated individuals, Allegiant Preparatory Academy aims to prepare its students for a successful future.
Official website here: www.allegiantprep.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
Allegiant Preparatory Academy has achieved a commendable 92% score from Charity Navigator, reflecting strong accountability and finance practices. This rating is based solely on a single beacon that emphasizes financial management, showcasing the organization's commitment to transparency and responsible stewardship of resources.
The academy holds a fully independent board, with all eight members meeting the criteria for independence, which enhances governance quality. Its financial practices are rigorous, evidenced by a solid program expense ratio of 70.12%, indicating a majority of funds are directed towards its programs rather than administrative costs. Additionally, practices such as having documented board meeting minutes and a clear conflict of interest policy bolster its accountability.
While the organization shows robust financial health with a low liabilities to assets ratio of 44.69% and no material diversion of assets, any potential limitations or areas for improvement were not highlighted in the available data. Overall, Allegiant Preparatory Academy demonstrates strong operational integrity and a dedication to its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Allegiant Preparatory Academy legitimate?
Allegiant Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allegiant Preparatory Academy 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: $84,799
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,291
For more financial information, click here
Official website here: www.allegiantprep.org/
What is the mission statement of Allegiant Preparatory Academy?
Allegiant Preparatory Academy's mission is centered around providing a comprehensive education to students in grades K-8. The academy emphasizes rigorous academics, character development, and a strong commitment to community service. This holistic approach is designed to prepare students for college success and lead fulfilling lives marked by positive actions. The academy's goal is to equip its scholars with the necessary skills and values for a successful future. As evidenced by the data, 81% of third-grade scholars passed the IREAD3 assessment, highlighting the academy's effectiveness in academic achievement.
Official website here: www.allegiantprep.org/
Who is the CEO of Allegiant Preparatory Academy?
Rick Anderson is the Board Chair of Allegiant Preparatory Academy.
Official website here: www.allegiantprep.org/
What is the revenue of Allegiant Preparatory Academy?
Allegiant Preparatory Academy's revenue in 2022 was $1,547,511.
Official website here: www.allegiantprep.org/
Who are the executives of Allegiant Preparatory Academy and what are their salaries?
The average compensation at Allegiant Preparatory Academy during 2022 was $35,005. There are 17 employees and 1 volunteer at Allegiant Preparatory Academy.
Here are 8 key members and their salaries:
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- Compensation: $92,716
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- Other: $1,563
- Compensation: $70,886
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- Other: $4,674
Official website here: www.allegiantprep.org/
Where can I find the form 990 for Allegiant Preparatory Academy?
Allegiant Preparatory Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.allegiantprep.org/
Learn more at the official website: www.allegiantprep.org/
Mission Statement of Allegiant Preparatory Academy
Allegiant Preparatory Academy, an educational institution catering to students in grades K-8, is committed to providing a rigorous academic curriculum, fostering character development, and instilling a dedication to community service. This holistic approach is designed to pave the way for college success and a life of positive action. The academy strives to educate every student, ensuring they acquire the necessary skills and values for a fulfilling future.
Allegiant Preparatory Academy's mission is multifaceted. Academically, it prioritizes rigorous coursework to equip students with essential knowledge and skills. Beyond the classroom, the academy places great emphasis on character development, instilling values such as responsibility, empathy, and perseverance in its students. Furthermore, Allegiant Preparatory Academy emphasizes the importance of community engagement, inspiring students to become active contributors to their communities and the world at large.
As evidence of its success, the academy boasts an 81% pass rate for its 3rd grade scholars in the IREAD3 assessment, indicating a strong foundation in literacy skills. This achievement underscores Allegiant Preparatory Academy's commitment to providing high-quality education and setting its students on a path to success.
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Impact
July, 2024
Allegiant Preparatory Academy has a significant impact on its community by providing rigorous academics, fostering character development, and instilling a commitment to community in all students from grades K-8. This preparation equips students with the necessary skills for success in college and a life of positive action. An impressive 81% of 3rd-grade scholars at the academy passed the IREAD3 assessment, showcasing the effectiveness of its educational approach. Located in Indianapolis, Indiana, Allegiant Preparatory Academy is making a tangible difference in the lives of its students and the broader community through its dedication to excellence in education.
This information is meant to be a general summary of Allegiant Preparatory Academy. 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: $252
- Gross Receipts: $1,547,511
Assets and Liabilities:
- Total Assets: $635,202
- Total Liabilities: $68,839
- Net Assets: $566,363
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Organization Details
Founding Year
2016
Phone
(317) 489-6877Principal Officer
Rick Anderson
Main Address
3125 CONCORD CT STE B, INDIANAPOLIS, IN, 46222
Website
www.allegiantprep.org/NTEE Category
Code: B29 - Education
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