Overview
What is Gem Prep Meridian North Llc?
Gem Prep Meridian North Llc is a nonprofit organization located in Deary, ID (with a PO box address). Their primary mission is to help students succeed in higher education and professional technical careers. They achieve this by offering a high-quality, personalized, relevant, and rigorous education through exceptional teaching methods, innovative technological integrations, and strong family partnerships. The organization's activities are centered around providing resources and support to parents who have chosen to educate their children in a blended learning environment. With a workforce of 59 individuals, Gem Prep Meridian North Llc is committed to empowering students to excel in their future pursuits.
Official website here: www.gemprep.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 1 Star (56%)
Gem Prep Meridian North Llc has received a 1-Star out of Four Star rating from Charity Navigator, indicating concerns regarding its financial management and overall transparency. While it boasts a strong performance in governance aspects, such as having a fully independent board and robust policies for conflict of interest and whistleblowing, its financial ratios raise significant red flags.
One of the major weaknesses highlighted is the high liabilities to assets ratio at 97.38%, which suggests potential financial instability. Additionally, the program expense ratio is relatively low at 48.60%, pointing to a situation where less than half of its expenses are directed towards its programs, raising questions about the effective use of funds.
Despite its strong governance framework, the lack of a tax form on its website further contributes to the organization's transparency issues. This combination of financial concerns and insufficient public documentation may affect stakeholders' trust and confidence in Gem Prep Meridian North Llc's operations and mission.
This AI summary has been generated from information found on Charity Navigator.
Is Gem Prep Meridian North Llc legitimate?
Gem Prep Meridian North Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gem Prep Meridian North Llc 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: $1,487,053
For more financial information, click here
Official website here: www.gemprep.org
What is the mission statement of Gem Prep Meridian North Llc?
Gem Prep Meridian North LLC's mission is centered around preparing students for success in higher education and professional technical careers. They achieve this by offering a high-quality, personalized, relevant, and rigorous education. This is accomplished through exceptional teaching, innovative use of technology, and strong partnerships with families. The organization also provides resources and support to parents who have chosen to educate their children in a personalized, blended learning environment.
Official website here: www.gemprep.org
Who is the CEO of Gem Prep Meridian North Llc?
Dennis Turner is the Director of Gem Prep Meridian North Llc.
Official website here: www.gemprep.org
What is the revenue of Gem Prep Meridian North Llc?
Gem Prep Meridian North Llc's revenue in 2023 was $3,639,199.
Official website here: www.gemprep.org
Who are the executives of Gem Prep Meridian North Llc and what are their salaries?
The average compensation at Gem Prep Meridian North Llc during 2023 was $25,204. There are 59 employees at Gem Prep Meridian North Llc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $160,409
- Other: $0
- Compensation: $0
- Related: $121,500
- Other: $0
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- 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: $0
- Related: $0
- Other: $0
Official website here: www.gemprep.org
Where can I find the form 990 for Gem Prep Meridian North Llc?
Gem Prep Meridian North Llc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gemprep.org
Learn more at the official website: www.gemprep.org
Mission Statement of Gem Prep Meridian North Llc
Gem Prep Meridian North Llc is dedicated to preparing students for success in higher education and professional technical careers. They achieve this goal by offering a high-quality, personalized, relevant, and rigorous education. The organization employs exceptional teaching methods, innovative uses of technology, and fosters strong partnerships with families to ensure each student receives the best possible education. Beyond the classroom, Gem Prep Meridian North Llc provides resources and support to parents who have chosen to educate their children in a personalized, blended learning environment. This holistic approach aims to prepare students not only academically but also for future professional success.
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Impact
July, 2024
Gem Prep Meridian North Llc's impact lies in its commitment to preparing students for success in college and professional technical careers. By offering a high-quality, personalized, relevant, and rigorous education through exceptional teaching, innovative uses of technology, and partnerships with families, Gem Prep Meridian North Llc is shaping the next generation of skilled individuals ready to thrive in higher education and the workforce. Through its mission to provide resources and support to parents who have chosen a personalized, blended learning environment for their children, Gem Prep Meridian North Llc is making a significant contribution to the education sector and empowering students to reach their full potential.
This information is meant to be a general summary of Gem Prep Meridian North Llc. 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.
- Investment Income: $44,913
- Program Service Revenue: $201,390
- Gross Receipts: $3,639,199
Assets and Liabilities:
- Total Assets: $12,489,253
- Total Liabilities: $12,162,442
- Net Assets: $326,811
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER LOCAL REVENUE
Revenue
$201,390
Organization Details
Founding Year
2019
Phone
(800) 871-5057Principal Officer
Dennis Turner
Main Address
PO BOX 86, DEARY, ID, 83823
Website
www.gemprep.orgNTEE Category
Code: B29 - Education
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