Overview
What is Beacon College Preparatory Inc?
Beacon College Preparatory Inc, located at 5130 Raleigh Lagrange Road, Memphis, Tennessee 38134, operates as a charter school with a mission to provide an academically rigorous, structured, and enjoyable learning environment for kindergarten to fifth-grade students. The institution aims to prepare these scholars for college and inspire them to contribute positively to their communities. With a dedicated team of 15 employees, Beacon College Preparatory Inc fosters a supportive community that encourages scholarly growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Beacon College Preparatory Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization's score indicates a strong commitment to transparency and effective governance, with 87% of its board members being independent and a well-structured audit committee.
Strengths include a high program expense ratio of 90.73%, which suggests that a significant portion of its funds is directed toward its mission rather than administrative costs. Additionally, the organization has established robust policies regarding conflict of interest, whistleblower protection, and document retention, further demonstrating its dedication to ethical practices.
There are no noted limitations or concerns regarding financial mismanagement, as evidenced by the absence of material diversion of assets and a favorable liabilities to assets ratio of 35.35%. Overall, Beacon College Preparatory Inc stands out as a reliable nonprofit committed to making a positive impact.
This AI summary has been generated from information found on Charity Navigator.
Is Beacon College Preparatory Inc legitimate?
Beacon College Preparatory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon College 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: $1,115,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Beacon College Preparatory Inc?
Beacon College Preparatory Inc, as a charter school, is committed to providing an academically rigorous and joyful learning environment for kindergarten to fifth-grade scholars. Its mission is to prepare these scholars for college success and inspire them to contribute positively to their communities. The school fosters a purposefully structured community where learning is enjoyable, setting the foundation for future academic achievements and community engagement.
Who is the CEO of Beacon College Preparatory Inc?
Charlise Clark Gwin is the Treasurer of Beacon College Preparatory Inc.
What is the revenue of Beacon College Preparatory Inc?
Beacon College Preparatory Inc's revenue in 2023 was $2,744,041.
Who are the executives of Beacon College Preparatory Inc and what are their salaries?
The average compensation at Beacon College Preparatory Inc during 2023 was $74,374. There are 15 employees and 5 volunteers at Beacon College Preparatory Inc.
Here are 7 key members and their salaries:
- Compensation: $100,900
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Beacon College Preparatory Inc?
Beacon College Preparatory Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Beacon College Preparatory Inc
Beacon College Preparatory Inc, as a charter school, is committed to establishing an academically rigorous and joyful environment for kindergarten to fifth-grade scholars. Its mission is to equip these students with the necessary skills to excel in higher education and contribute positively to their communities. By creating a purposefully structured community, Beacon College Preparatory Inc aims to foster an atmosphere of learning and growth, instilling in its scholars the confidence and determination required to succeed in college and make a positive impact in their future endeavors.
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Impact
July, 2024
Beacon College Preparatory Inc's impact is evident in its commitment to providing a high-quality education to kindergarten through fifth-grade scholars in Memphis, Tennessee. By offering an academically rigorous curriculum within a purposefully structured and joyful community, Beacon College Preparatory prepares its students to succeed in college and make positive contributions to their communities. Through its mission-focused approach, this charter school is shaping the future leaders of tomorrow and helping to bridge educational gaps in underserved areas.
This information is meant to be a general summary of Beacon College 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 2023.
- Program Service Revenue: $11,999
- Gross Receipts: $2,744,041
Assets and Liabilities:
- Total Assets: $1,277,068
- Total Liabilities: $451,482
- Net Assets: $825,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Uniforms
Revenue
$3,001
After School Porgram
Revenue
$8,998
Organization Details
Founding Year
2018
Phone
(901) 273-6660Principal Officer
Charlise Clark Gwin
Main Address
5130 Raleigh Lagrange Road, Memphis, TN, 38134
NTEE Category
Code: B29 - Education
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