Overview
What is Gem Prep Meridian South Llc?
Gem Prep Meridian South Llc is a dedicated nonprofit organization located in Deary, Idaho. Their primary goal is to empower students, preparing them for success in higher education and professional technical careers. They achieve this by delivering a top-notch, personalized, and relevant education through exceptional teaching methods, innovative technology integration, and collaborative partnerships with families. Beyond academic excellence, Gem Prep Meridian South Llc prioritizes offering resources and support to parents who have chosen a personalized, blended learning environment for their children. With a team of 31 dedicated individuals, the organization is committed to shaping the future of its students.
Official website here: www.gemprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Gem Prep Meridian South LLC has received a Two-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 66%. The organization demonstrates strong governance with 100% independent board members and complete adherence to policies regarding audits and conflict of interest. However, the financial health indicators reveal significant concerns, particularly with a high liabilities to assets ratio and a subpar program expense ratio.
While the nonprofit excels in areas such as board oversight and transparency, it falls short in providing complete financial disclosures, as evidenced by the absence of its tax form on its website. This lack of transparency may hinder potential donors' trust and confidence in the organization's financial management.
Overall, while the organization has solid governance practices and no material issues reported, the financial metrics signal a need for improvement. Stakeholders might want to consider these factors when evaluating the effectiveness and sustainability of Gem Prep Meridian South LLC.
This AI summary has been generated from information found on Charity Navigator.
Is Gem Prep Meridian South Llc legitimate?
Gem Prep Meridian South Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gem Prep Meridian South 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: $962,434
For more financial information, click here
Official website here: www.gemprep.org
What is the mission statement of Gem Prep Meridian South Llc?
Gem Prep Meridian South LLC's mission is centered around preparing students for future success in college and professional technical careers. They achieve this by offering a high-quality, personalized, relevant, and rigorous education. This is accomplished through exceptional teaching methods, innovative uses of technology, and active 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 South Llc?
Dennis Turner is the Director of Gem Prep Meridian South Llc.
Official website here: www.gemprep.org
What is the revenue of Gem Prep Meridian South Llc?
Gem Prep Meridian South Llc's revenue in 2023 was $2,780,569.
Official website here: www.gemprep.org
Who are the executives of Gem Prep Meridian South Llc and what are their salaries?
The average compensation at Gem Prep Meridian South Llc during 2023 was $31,046. There are 31 employees at Gem Prep Meridian South Llc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $160,409
- Other: $0
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- Related: $121,500
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- 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 South Llc?
Gem Prep Meridian South 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 South Llc
Gem Prep Meridian South LLC is committed to preparing students for success in higher education and professional technical careers. They achieve this goal by offering a personalized, blended learning environment that combines exceptional teaching, innovative technology usage, and strong family partnerships. This mission is furthered by providing the necessary resources and support to parents who have chosen this educational path for their children. In essence, Gem Prep Meridian South LLC strives to empower students with a high-quality, relevant, and rigorous education that will set them up for future success.
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Impact
July, 2024
Gem Prep Meridian South LLC's impact is significant in preparing students for success in college and professional technical careers. By providing a high quality, personalized, relevant, and rigorous education through exceptional teaching, innovative uses of technology, and partnerships with families, Gem Prep Meridian South LLC plays a crucial role in equipping students with the skills and knowledge necessary to excel in their future academic and professional pursuits. This approach not only benefits the individual students but also has a broader impact on the community by fostering a highly educated and skilled workforce.
This information is meant to be a general summary of Gem Prep Meridian South 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: $38,177
- Program Service Revenue: $102,301
- Gross Receipts: $2,780,569
Assets and Liabilities:
- Total Assets: $13,118,558
- Total Liabilities: $12,782,339
- Net Assets: $336,219
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER LOCAL REV
Revenue
$102,301
Organization Details
Founding Year
2020
Phone
(208) 877-1513Principal Officer
Dennis Turner
Main Address
PO BOX 86, DEARY, ID, 83823
Website
www.gemprep.orgNTEE Category
Code: B20 - Education
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