Overview
What is Platte River Academy?
Platte River Academy is a nonprofit institution situated in Littleton, Colorado, with a postal address at 4085 Lark Sparrow Street, 80126. Its primary mission is to deliver a comprehensive, academically rigorous education for students in grades K-8, creating an environment that is secure, well-organized, and filled with care. The curriculum is meticulously designed and follows a sequential approach, with the primary objective of instilling a strong understanding of Ed Hirsch's core knowledge curriculum in approximately 539 students. With a workforce of 131 dedicated individuals, Platte River Academy strives to provide a nurturing and supportive educational experience for its students.
Official website here: www.prak8.org
What are the reviews and ratings of this charity?
**Rating: Needs Improvement (Charity Navigator)**
Platte River Academy holds a Two-Star out of Four Star rating on Charity Navigator, indicating a need for improvement, particularly in areas beyond its accountability and finance metrics. The organization’s accountability and financial practices are solid, with a 100% score in this area, reflecting strong governance through a majority independent board and policies in place related to conflict of interest and whistleblower protection. However, the lack of financial statements limits transparency, contributing to its overall lower rating.
The fiscal health is measured by various factors, including financial efficiency and sustainability, which are essential for long-term viability. While the organization displays an acceptable program expense ratio, the liabilities to assets ratio raises concerns, implying potential financial risk. Further scoring in impact measurement, culture and community, and leadership adaptability would offer a more rounded view of the organization’s effectiveness and areas for development.
User reviews from GreatNonprofits are currently unavailable, which limits insights from direct beneficiaries or stakeholders. The absence of this qualitative feedback leaves a gap in understanding the community perception and personal experiences with the organization. Overall, while the structural governance of Platte River Academy appears strong, its financial health and impact could benefit from closer scrutiny and improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Platte River Academy legitimate?
Platte River Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Platte River 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: $283,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,958,289
For more financial information, click here
Official website here: www.prak8.org
What is the mission statement of Platte River Academy?
The Platte River Academy is committed to delivering a comprehensive and academically challenging education to students in grades K-8. They foster a secure, organized, and caring environment, with a primary objective of instilling mastery of Ed Hirsch's core knowledge curriculum. The academy's curriculum is sequentially structured, ensuring a consistent learning journey for the approximately 539 students enrolled.
Official website here: www.prak8.org
Who is the CEO of Platte River Academy?
Vince Parker is the President of Platte River Academy.
Official website here: www.prak8.org
What is the revenue of Platte River Academy?
Platte River Academy's revenue in 2022 was $7,690,608.
Official website here: www.prak8.org
Who are the executives of Platte River Academy and what are their salaries?
The average compensation at Platte River Academy during 2022 was $24,745. There are 131 employees and 500 volunteers at Platte River Academy.
Here are 9 key members and their salaries:
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- Compensation: $113,713
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- Other: $29,958
- Compensation: $113,713
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- Other: $27,589
Official website here: www.prak8.org
Where can I find the form 990 for Platte River Academy?
Platte River Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prak8.org
Learn more at the official website: www.prak8.org
Mission Statement of Platte River Academy
Platte River Academy, a reputable educational institution, is committed to providing a well-structured, academically rigorous education for students in grades K-8. The academy's primary objective is to teach and ensure the mastery of Ed Hirsch's core knowledge curriculum. This curriculum is meticulously designed and sequenced, aiming to deliver a comprehensive and content-rich learning experience. The academy operates in an environment that prioritizes safety, order, and care, ensuring a nurturing and conducive learning atmosphere for approximately 539 students. The major focus of Platte River Academy is to instill a solid educational foundation in its students, fostering their personal growth and academic excellence.
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Impact
July, 2024
Platte River Academy's impact is significant in providing a content-rich, academically rigorous education for grades K-8 in a safe, orderly, and caring environment. The school's focus on teaching and ensuring mastery of Ed Hirsch's core knowledge curriculum to approximately 539 students is central to their mission. Through this approach, Platte River Academy plays a vital role in shaping the academic development and success of its students, preparing them for future educational endeavors and beyond.
This information is meant to be a general summary of Platte River 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.
- Investment Income: $53,815
- Program Service Revenue: $5,409,540
- Gross Receipts: $7,690,608
Assets and Liabilities:
- Total Assets: $9,167,420
- Total Liabilities: $15,375,651
- Net Assets: -$6,208,231
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Per Pupil Revenue
Revenue
$4,350,447
Mill Levy
Revenue
$608,520
Extended Day Programs
Revenue
$262,683
Student Fees
Revenue
$146,629
Pupil Activities
Revenue
$31,516
Organization Details
Founding Year
1997
Phone
(303) 221-1070Principal Officer
Vince Parker
Main Address
4085 Lark Sparrow Street, Littleton, CO, 80126
Website
www.prak8.orgNTEE Category
Code: B20 - Education
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