Overview
What is Ad Prima Scholars Foundation?
Ad Prima Scholars Foundation is a charitable organization situated in Philadelphia, Pennsylvania, specifically at 1920 N 63RD STREET. Its primary objective is to contribute to the mission of the Ad Prima Charter School. Although the description does not provide specific details about the nature of the support, it implies that the foundation plays a role in furthering the overall goals of the school. The foundation's commitment to the school may encompass various activities such as fundraising, advocacy, or resource provision, ultimately aiming to positively impact the education and well-being of the students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Ad Prima Scholars Foundation has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization has demonstrated strong governance practices with a fully independent board and effective policies in place, including a conflict of interest policy and a whistleblower policy. The high program expense ratio of 97.83% shows that nearly all of its expenses go directly towards its programs, reflecting a commitment to its mission.
However, the foundation faces significant challenges regarding its liabilities, as indicated by a liabilities to assets ratio of 108.40%. This suggests that the organization may have more liabilities than assets, which could pose financial stability concerns in the long term. While the high accountability score reflects well on its governance, this financial aspect may warrant further scrutiny from potential donors.
Overall, while the Ad Prima Scholars Foundation exhibits strong accountability and a high commitment to its programs, prospective supporters should consider its financial health carefully. The organization has strengths in board independence and transparency, but the liabilities could impact its sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Ad Prima Scholars Foundation legitimate?
Ad Prima Scholars Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ad Prima Scholars Foundation 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: $0
For more financial information, click here
What is the mission statement of Ad Prima Scholars Foundation?
The Ad Prima Scholars Foundation's mission is centered around supporting the overall mission of the Ad Prima Charter School. In essence, the foundation works to align its objectives with the primary goals of the charter school, aiming to contribute positively to its mission. The specifics of the mission of the Ad Prima Charter School are not provided in the information, so it cannot be detailed in this response. However, it can be inferred that the foundation serves to enhance the educational and developmental initiatives of the charter school.
Who is the CEO of Ad Prima Scholars Foundation?
Niya Blackwell is the President of Ad Prima Scholars Foundation.
What is the revenue of Ad Prima Scholars Foundation?
Ad Prima Scholars Foundation's revenue in 2022 was $198,881.
Who are the executives of Ad Prima Scholars Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ad Prima Scholars Foundation?
Ad Prima Scholars Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ad Prima Scholars Foundation
Ad Prima Scholars Foundation is committed to supporting the overarching mission of the Ad Prima Charter School. In essence, its role is to contribute to the success and growth of this educational institution. By doing so, the foundation aims to positively impact the lives of the students who attend the charter school, contributing to their overall development and academic achievements. The foundation's mission is intrinsically linked to the mission of the Ad Prima Charter School, and it seeks to support and enhance the educational experiences offered by the school.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Ad Prima Scholars Foundation plays a crucial role in enhancing educational opportunities and outcomes for students at Ad Prima Charter School in Philadelphia. By aligning its mission with that of the charter school, the foundation actively supports initiatives that foster academic excellence and personal development among students.
Through various programs, the foundation helps to improve school resources, facilitate innovative learning experiences, and promote a positive school environment. Their efforts contribute to the overall mission of creating a nurturing and effective educational setting that equips students with the skills and knowledge necessary for future success. The foundation’s impact is evident in the enriching programs and support systems it develops, which ultimately empower students to thrive both academically and socially.
This information is meant to be a general summary of Ad Prima Scholars Foundation. 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.
- Program Service Revenue: $198,881
- Gross Receipts: $198,881
Assets and Liabilities:
- Total Assets: $3,648,513
- Total Liabilities: $3,955,036
- Net Assets: -$306,523
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$198,881
Organization Details
Founding Year
2020
Phone
(215) 883-0638Principal Officer
Niya Blackwell
Main Address
1920 N 63RD STREET, PHILADELPHIA, PA, 19151
NTEE Category
Code: B19 - Education
If you are a representative of Ad Prima Scholars Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.