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Geo Prep Mid-City Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821340278 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Geo Prep Mid-City Inc?

Geo Prep Mid-City Inc, situated in Baton Rouge, Louisiana, is a dedicated charter school with a mission to combat poverty. It caters to 707 students from kindergarten to eighth grade, offering them top-notch educational resources and equipment to foster success. The school's core objective is to break the cycle of poverty through quality education, ensuring that every student has the tools they need to thrive.


Official website here: www.geoprepmc.org

What are the reviews and ratings of this charity?

Geo Prep Mid-City Inc has been awarded a Four-Star out of Four Star rating by Charity Navigator, with a commendable score of 96%. This high rating is primarily based on the organization's Accountability & Finance beacon, reflecting a strong commitment to financial health, sustainability, and transparency in operations. The evaluation highlights robust governance practices, including a fully independent board and comprehensive financial oversight mechanisms.

Several key organizational strengths are highlighted in the rating. The nonprofit demonstrates excellent financial practices, including a program expense ratio of 89.12%, which indicates that a significant portion of its budget is directly spent on its programs. Moreover, policies such as the Conflict of Interest and Whistleblower policies are in place, ensuring transparency and ethical conduct within the organization.

While the financial and governance metrics are impressive, there are areas not currently scored by Charity Navigator, such as Impact & Measurement, Culture & Community, and Leadership & Adaptability. These gaps suggest a focus on strengthening areas beyond financial accountability. Furthermore, the absence of the tax form on the nonprofit's website is one noted limitation. Despite these areas for improvement, the overall financial solidity and ethical governance of Geo Prep Mid-City Inc stand out as significant strengths.


This AI summary has been generated from information found on Charity Navigator.

Is Geo Prep Mid-City Inc legitimate?

Geo Prep Mid-City Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geo Prep Mid-City 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: $203,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,022,563

For more financial information, click here


Official website here: www.geoprepmc.org

What is the mission statement of Geo Prep Mid-City Inc?

Geo Prep Mid-City, a charter school, is committed to combating poverty through the provision of high-quality education. Serving students from kindergarten to 8th grade, this institution offers the required educational resources and equipment to facilitate their success. The school's mission is to equip its 707 students with the necessary tools to overcome societal challenges and thrive in their academic pursuits.


Official website here: www.geoprepmc.org

Who is the CEO of Geo Prep Mid-City Inc?

Dana Teasley is the Board Chair of Geo Prep Mid-City Inc.


Official website here: www.geoprepmc.org

What is the revenue of Geo Prep Mid-City Inc?

Geo Prep Mid-City Inc's revenue in 2022 was $11,559,487.


Official website here: www.geoprepmc.org

Who are the executives of Geo Prep Mid-City Inc and what are their salaries?

The average compensation at Geo Prep Mid-City Inc during 2022 was $32,062. There are 163 employees and 9 volunteers at Geo Prep Mid-City Inc.


Here are 8 key members and their salaries:


Linda Johnson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Dixon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Daisy Slan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Fontenot (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tamiara Wade (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Levar Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Teasley (Business Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Teasley (Superintendent)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.geoprepmc.org

Where can I find the form 990 for Geo Prep Mid-City Inc?

Geo Prep Mid-City Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.geoprepmc.org

Learn more at the official website: www.geoprepmc.org

Mission Statement of Geo Prep Mid-City Inc

Geo Prep Mid-City, a distinguished charter school, is committed to combating poverty through the provision of top-notch education. Situated in Baton Rouge, Louisiana, the institution serves a diverse student body of 707 students, ranging from kindergarten to eighth grade. Geo Prep Mid-City's mission is to equip these students with the essential educational resources and tools necessary for their success. The school's relentless dedication to quality education aims to break the cycle of poverty and provide its students with a solid foundation for their future. By offering a comprehensive educational experience, Geo Prep Mid-City is not just shaping minds; it is transforming lives.

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Impact




July, 2024

Geo Prep Mid-City Inc has a significant impact in beating poverty through quality education. As a charter school located in Baton Rouge, LA, it serves 707 students from kindergarten to 8th grade, providing them with the necessary educational resources and equipment to succeed. Through its mission of beating poverty through education, Geo Prep Mid-City Inc plays a crucial role in empowering students and breaking the cycle of poverty in the community.




This information is meant to be a general summary of Geo Prep Mid-City 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.

Revenue
$11,559,487 (2022)
Expenses
$11,682,354 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $24,492
  • Gross Receipts: $11,559,487

Assets and Liabilities:

  • Total Assets: $3,601,861
  • Total Liabilities: $1,713,238
  • Net Assets: $1,888,623

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSION FEES

Revenue

$24,492

Organization Details

Founding Year

2017

Principal Officer

Dana Teasley

Main Address

3145 N MERIDIAN ST, INDIANAPOLIS, IN, 46208

NTEE Category

Code: B29 - Education

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