Overview
What is Icon Preparatory School Inc?
Icon Preparatory School Inc, located at 1906 N Rome Ave, Tampa, FL 33607, is a dedicated nonprofit organization committed to providing a comprehensive college preparatory education and fostering character development in its students. Their mission is to equip students with the necessary skills and values, ultimately leading to their success in higher education and life. With a team of 46 dedicated individuals, this institution is fully engaged in shaping the future of its students, ensuring they thrive both academically and personally.
Official website here: www.iconprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Icon Preparatory School Inc has received a Three-Star rating from Charity Navigator, indicating that it demonstrates a reasonable level of accountability and financial health. The overall score is based solely on the Accountability & Finance metrics, where the organization scored 77%. This rating suggests that while the nonprofit is performing adequately, there are areas for improvement, particularly in transparency and adherence to policies.
The organization shows several strengths, including a fully independent board and strong oversight mechanisms, such as an audit and oversight committee. Furthermore, there are no noted material diversions of assets, and the financial statements reflect a high percentage of program expenses, indicating that most of the funds are directed toward its mission. However, the absence of a whistleblower policy and the failure to post its tax form on its website are significant gaps that could impact trust and transparency.
Despite its strengths, the organization has a liability-to-assets ratio that did not meet the expectations, which may raise some concerns about financial sustainability. Additionally, while key personnel salaries are disclosed, the lack of some key policies may hinder its operational transparency. Addressing these limitations could enhance its rating and overall effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Icon Preparatory School Inc legitimate?
Icon Preparatory School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Icon Preparatory School 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: $519,644
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,625,559
For more financial information, click here
Official website here: www.iconprep.org
What is the mission statement of Icon Preparatory School Inc?
Icon Preparatory School Inc's mission is centered around providing a comprehensive college preparatory education and character development for its students. This aim is designed to set students up for success in their collegiate pursuits and beyond. By incorporating character development into its curriculum, the school aims to foster well-rounded individuals who are equipped to navigate life's challenges effectively. The school's mission is to equip students with the necessary academic skills and values required to thrive in higher education and beyond.
Official website here: www.iconprep.org
Who is the CEO of Icon Preparatory School Inc?
Dwayne Raiford is the President of Icon Preparatory School Inc.
Official website here: www.iconprep.org
What is the revenue of Icon Preparatory School Inc?
Icon Preparatory School Inc's revenue in 2023 was $4,253,703.
Official website here: www.iconprep.org
Who are the executives of Icon Preparatory School Inc and what are their salaries?
The average compensation at Icon Preparatory School Inc during 2023 was $46,635. There are 46 employees and 5 volunteers at Icon Preparatory School Inc.
Here are 6 key members and their salaries:
- Compensation: $119,880
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $119,880
- Related: $0
- Other: $0
Official website here: www.iconprep.org
Where can I find the form 990 for Icon Preparatory School Inc?
Icon Preparatory School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.iconprep.org
Learn more at the official website: www.iconprep.org
Mission Statement of Icon Preparatory School Inc
Icon Preparatory School Inc is committed to providing a comprehensive college preparatory education and character development for its students. Their mission is to foster the success of these students in their college years and beyond, ensuring they are well-equipped for life's challenges. By offering a well-rounded curriculum that combines academic excellence with character development, Icon Preparatory School Inc aims to prepare its students for a prosperous future.
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Impact
July, 2024
Icon Preparatory School Inc's impact is transforming the lives of students by providing a comprehensive college preparatory education and character development that paves the way for their success in college and beyond. Through their tailored programs and emphasis on character building, this institution in Tampa, Florida is shaping young minds and preparing them for a bright future. Icon Preparatory School Inc's dedication to education is evident in their mission to empower students for success in both academics and life.
This information is meant to be a general summary of Icon Preparatory School 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 2023.
- Program Service Revenue: $3,109,915
- Gross Receipts: $4,253,703
Assets and Liabilities:
- Total Assets: $2,245,211
- Total Liabilities: $2,010,307
- Net Assets: $234,904
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT TUITION
Revenue
$3,109,915
Organization Details
Founding Year
2018
Phone
(813) 967-3000Principal Officer
Dwayne Raiford
Main Address
1906 N ROME AVE, TAMPA, FL, 33607
Website
www.iconprep.orgNTEE Category
Code: B25 - Education
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