Overview
What is Marion Preparatory Academy?
Marion Preparatory Academy is a distinguished educational institution situated in Marion, Ohio, specifically at 1001 Mount Vernon Avenue. The academy is committed to offering a comprehensive curriculum aligned with the Ohio Learning Standards, encompassing subjects such as English Language Arts, Mathematics, Science, Social Studies, Visual Arts, and Physical Education. With a strong focus on college and career readiness, the academy's curriculum surpasses state standards to provide students with a solid academic foundation. The academy's mission is to support each scholar's journey towards mastering their studies and personal development. A dedicated team of educators is invested in nurturing students' academic, social, and emotional growth at Marion Preparatory Academy.
Official website here: www.marionprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70% (Two-Star out of Four Star Rating)
Marion Preparatory Academy has received a 70% rating from Charity Navigator, earning them a two-star designation. The organization demonstrates strong accountability and finance practices, with perfect scores in areas like independent board member composition, financial oversight, and conflict of interest policies. However, concerns arise from several financial metrics, particularly in their working capital ratio and liabilities to assets ratio.
The academy has a remarkable program expense ratio of 100%, indicating that all their expenses are directed towards their programs. Yet, their fundraising efficiency and working capital ratios are troubling, with a fundraising efficiency ratio of $0 and a working capital ratio of -0.12 years. These figures suggest that the organization may struggle with financial sustainability and effectively raising funds.
Additionally, while the nonprofit has been diligent in maintaining various governance policies and listing their documents, they failed to post their tax form on their website, which is a missing element for transparency. Overall, Marion Preparatory Academy shows strengths in its program focus and governance, but financial challenges may hinder its overall effectiveness and long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Marion Preparatory Academy legitimate?
Marion Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $968,713
For more financial information, click here
Official website here: www.marionprep.org
What is the mission statement of Marion Preparatory Academy?
Marion Preparatory Academy's mission is centered around supporting each scholar's journey towards academic mastery. The academy strives to go beyond Ohio state standards, providing a solid foundation for college and career preparation. The dedicated educators at Marion Preparatory Academy work tirelessly to nurture their students' academic growth, as well as their social and emotional development. The curriculum at the academy is structured around the Ohio Learning Standards, covering subjects such as English Language Arts, Mathematics, Science, Social Studies, Visual Arts, and Physical Education. The academy's primary focus is on equipping students with the necessary skills for future success.
Official website here: www.marionprep.org
Who is the CEO of Marion Preparatory Academy?
C David Massa is the Board Member of Marion Preparatory Academy.
Official website here: www.marionprep.org
What is the revenue of Marion Preparatory Academy?
Marion Preparatory Academy's revenue in 2022 was $3,223,457.
Official website here: www.marionprep.org
Who are the executives of Marion Preparatory Academy and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $1,250
- Related: $0
- Other: $0
- Compensation: $1,250
- Related: $0
- Other: $0
- Compensation: $1,125
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.marionprep.org
Where can I find the form 990 for Marion Preparatory Academy?
Marion Preparatory Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marionprep.org
Learn more at the official website: www.marionprep.org
Mission Statement of Marion Preparatory Academy
Marion Preparatory Academy, a reputable educational institution, is committed to providing its scholars with a robust academic experience. The academy's mission is to go beyond Ohio state standards, ensuring each student builds a solid foundation for their future in higher education and professional careers. The dedicated educators at Marion Preparatory Academy support every scholar in their pursuit of mastery, fostering academic, social, and emotional growth. The learning environment is structured around a curriculum based on the Ohio Learning Standards (OLS) for subjects such as English Language Arts, Mathematics, Science, Social Studies, Visual Arts, and Physical Education. Instructors at Marion Preparatory Academy focus on developing skills that prepare students for college and career success, ensuring each scholar has the tools necessary to thrive in their future endeavors.
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Impact
July, 2024
Marion Preparatory Academy's impact is evident in its rigorous academic program that exceeds Ohio state standards, providing children with a strong academic foundation for future success in college and their careers. By offering a standards-based curriculum aligned with the Ohio Learning Standards in various subjects such as English Language Arts, Mathematics, Science, Social Studies, Visual Arts, and Physical Education, Marion Preparatory Academy prepares its students for college and career readiness. The dedicated educators at Marion Preparatory Academy ensure that every scholar is supported in mastering the material and growing academically, socially, and emotionally. This commitment to excellence in education is making a positive impact on the lives of students in MARION, OH and beyond.
This information is meant to be a general summary of Marion 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.
- Gross Receipts: $3,223,457
Assets and Liabilities:
- Total Assets: $3,081,416
- Total Liabilities: $3,222,739
- Net Assets: -$141,323
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Organization Details
Founding Year
2019
Phone
(330) 515-0572Principal Officer
C David Massa
Main Address
1001 Mount Vernon Avenue, Marion, OH, 43302
Website
www.marionprep.orgNTEE Category
Code: B24 - Education
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