Students Prepared To Succeed

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

EIN: 830649099 ✦ Saint paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Students Prepared To Succeed?

Students Prepared To Succeed is a nonprofit organization situated in Saint Paul, Minnesota. They have demonstrated significant impact by managing their first charter school, contributing to stabilizing enrollment, training and retaining staff, providing board oversight, and ensuring academic success. The organization's core mission is to collaborate with individuals, schools, and organizations by utilizing evidence-based research, best practices, and innovative models to operate schools in a cost-effective manner, ultimately securing student success. Their operations are centered around leading schools towards better educational outcomes.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating

Students Prepared To Succeed has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, with a score of 77%. This score reflects the organization’s commitment to maintaining strong financial practices and transparency. The overall evaluation is entirely based on this single beacon, highlighting the importance of financial health and governance to potential donors.

The nonprofit excels in various metrics, demonstrating 100% independent board members and a favorable liabilities to assets ratio of 23.09%. Its program expense ratio is notably high at 92.97%, indicating that a significant portion of its funding is directed toward its programs rather than administrative costs. Additionally, the organization has established key policies, such as a whistleblower policy and a document retention protocol, contributing to its accountability standards.

While the organization shows strengths in governance and fiscal management, the single-beacon score approach may not capture the full breadth of its impact or program effectiveness. Potential donors might consider this alongside other factors before making contributions, as the rating focuses primarily on financial aspects. Overall, Students Prepared To Succeed appears to be a responsible nonprofit, emphasizing accountability in its operations.


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

Is Students Prepared To Succeed legitimate?

Students Prepared To Succeed is a legitimate nonprofit organization registered as a 501(c)(3) entity. Students Prepared To Succeed 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: $121,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,119

For more financial information, click here

What is the mission statement of Students Prepared To Succeed?

Students Prepared To Succeed's mission is to collaborate with individuals, schools, and organizations, utilizing evidence-based research, best practices, innovative models, and cost-effective operations. Their goal is to lead schools towards ensuring student success. They partner with various entities to instill these strategies, aiming to stabilize enrollments, train and retain staff, provide effective board oversight, and establish academic achievement.

Who is the CEO of Students Prepared To Succeed?

Magdy Rabeaa is the Board Member of Students Prepared To Succeed.

What is the revenue of Students Prepared To Succeed?

Students Prepared To Succeed's revenue in 2022 was $682,759.

Who are the executives of Students Prepared To Succeed and what are their salaries?

There 3 volunteers at Students Prepared To Succeed.


Here are 5 key members and their salaries:


Grant Abbott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wedl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marwa Salam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Lieberman (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Magdy Rabeaa (Director)
  • Compensation: $121,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Students Prepared To Succeed?

Students Prepared To Succeed's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Students Prepared To Succeed

Students Prepared To Succeed, as an organization, is committed to collaborating with individuals, schools, and other entities. Their primary objective is to guide schools utilizing evidence-based research, best practices, innovative models, and cost-effective operations, with the ultimate goal of ensuring student success. Through this mission, they aim to lead schools towards improved educational outcomes by employing research-backed strategies and efficient operations. Their involvement extends beyond just providing guidance; they actively participate in the operations of their first member charter school, contributing significantly to stabilizing enrollment, training and retaining staff, providing board oversight, and establishing academic achievement.

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Impact




July, 2024

Students Prepared To Succeed has significantly impacted the education sector by partnering with individuals, schools, and organizations to implement evidence-based research, best practices, and innovative models. Their work in overseeing the operations of member charter schools has played a crucial role in stabilizing enrollment, training and retaining staff, ensuring board oversight, and establishing academic success. Through their efforts in Saint Paul, MN, they have exemplified a commitment to cost-effective operations to ensure student success in schools.




This information is meant to be a general summary of Students Prepared To Succeed. 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
$682,759 (2022)
Expenses
$593,122 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $682,754
  • Gross Receipts: $682,759

Assets and Liabilities:

  • Total Assets: $233,849
  • Total Liabilities: $163,316
  • Net Assets: $70,533

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Programs

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

SCHOOL SUPPORT SERVICES

Revenue

$682,754

Organization Details

Founding Year

2018

Principal Officer

Magdy Rabeaa

Main Address

2303 WYCLIFF ST, SAINT PAUL, MN, 55114

NTEE Category

Code: B02 - Education

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