Overview
What is Perseverance Preparatory Inc?
Perseverance Preparatory Inc is a publicly-funded charter school situated in San Jose, California, with a strong commitment to providing an exceptional education to its students. This California-based organization, located at 484 E SAN FERNANDO STREET, is dedicated to instilling intellectual discipline and servant leadership in its pupils, aiming to cultivate future leaders. Perseverance Preparatory Inc focuses on grades 5-8, offering rigorous academics, targeted instruction, and service learning to foster scholarly success and ethical leadership. The institution, with a workforce of 10 individuals, strives to prepare its scholars for a fulfilling and successful life.
Official website here: www.perseveranceprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Perseverance Preparatory Inc has achieved a commendable score of 81%, which indicates a solid level of accountability and financial health. The organization is noted for having all of its board members be independent, ensuring no conflicts of interest in decision-making. Additionally, the charity has passed financial audits without issues and has strong documentation practices in place, contributing to its high accountability score.
The organization demonstrates effective financial management, with a program expense ratio of 77.12%, indicating that a significant portion of its expenditures goes directly to program services. This reflects a commitment to maximizing the impact of donations received. Furthermore, the presence of robust policies such as conflict of interest, whistleblower protections, and document retention enhances its operational transparency.
While the overall rating is positive, it is important to note that the score is based solely on the Accountability & Finance beacon. This means that additional aspects of the organization, such as program performance or community impact, are not factored into the current rating. Stakeholders may want to consider this when assessing the overall effectiveness of Perseverance Preparatory Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Perseverance Preparatory Inc legitimate?
Perseverance Preparatory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Perseverance Preparatory 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: $130,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $440,038
For more financial information, click here
Official website here: www.perseveranceprep.org
What is the mission statement of Perseverance Preparatory Inc?
Perseverance Preparatory Inc, a public charter school, is committed to preparing scholars in grades 5-8 with rigorous academics, targeted instruction, and service learning. The mission of the school is to foster ethical leadership and scholarly success in its students. It is steadfast in ensuring its students receive an excellent education, instilling in them the importance of intellectual discipline and servant leadership. The school aims to cultivate leaders for tomorrow.
Official website here: www.perseveranceprep.org
Who is the CEO of Perseverance Preparatory Inc?
Lisamarie Reid is the Board Chair of Perseverance Preparatory Inc.
Official website here: www.perseveranceprep.org
What is the revenue of Perseverance Preparatory Inc?
Perseverance Preparatory Inc's revenue in 2022 was $1,031,984.
Official website here: www.perseveranceprep.org
Who are the executives of Perseverance Preparatory Inc and what are their salaries?
The average compensation at Perseverance Preparatory Inc during 2022 was $57,020. There are 10 employees and 5 volunteers at Perseverance Preparatory Inc.
Here are 6 key members and their salaries:
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- Compensation: $107,625
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- Other: $15,504
Official website here: www.perseveranceprep.org
Where can I find the form 990 for Perseverance Preparatory Inc?
Perseverance Preparatory Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.perseveranceprep.org
Learn more at the official website: www.perseveranceprep.org
Mission Statement of Perseverance Preparatory Inc
Perseverance Preparatory School, a California-based public charter school, is committed to preparing scholars in grades 5-8 for a life of ethical leadership and scholarly success. Through rigorous academics, targeted instruction, and service learning, the school aims to instill a strong sense of intellectual discipline and servant leadership in its students. The institution is relentless in its pursuit of an excellent education for its students, ensuring they understand the importance of these core values. By fostering a determination to grow into leaders of tomorrow, Perseverance Preparatory School is dedicated to shaping responsible and accomplished individuals.
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Impact
July, 2024
Perseverance Preparatory Inc, through its Perseverance Preparatory School, is making a significant impact in San Jose, California by preparing scholars in grades 5-8 for a life of ethical leadership and scholarly success. The school focuses on rigorous academics, targeted instruction, and service learning to equip students with the skills and values necessary to become leaders of tomorrow. Their commitment to providing an excellent education ensures that students receive a well-rounded learning experience that emphasizes intellectual discipline and servant leadership. This organization is shaping the future by nurturing young minds to excel academically and lead ethically in their communities.
This information is meant to be a general summary of Perseverance Preparatory 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: $1,031,984
Assets and Liabilities:
- Total Assets: $565,375
- Total Liabilities: $501,665
- Net Assets: $63,710
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Organization Details
Founding Year
2017
Phone
(408) 600-2057Principal Officer
Lisamarie Reid
Main Address
484 E SAN FERNANDO STREET, SAN JOSE, CA, 95112
Website
www.perseveranceprep.orgNTEE Category
Code: B25 - Education
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