Overview
What is Tempe Preparatory Academy?
Tempe Preparatory Academy is a nonprofit institution located at 1251 EAST SOUTHERN AVE, TEMPE, AZ, 85282. Its primary objective is to empower students by fostering critical thinking and effective communication skills. The academy encourages students to delve into the rich cultural and scientific accomplishments that underpin the liberal arts and sciences. With a dedicated team of 60 employees, Tempe Preparatory Academy provides an engaging learning environment that nurtures students' intellectual growth and curiosity.
Official website here: www.tempeprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Tempe Preparatory Academy has received a strong Four-Star rating from Charity Navigator, reflecting its high standards in Accountability and Finance. The score is particularly impressive, as it is derived solely from its performance in this category, showcasing the organization's commitment to transparency and responsible management of resources.
The academy excels in several key areas, including having a fully independent board and robust financial oversight mechanisms. Its fiscal health is demonstrated through a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of its budget is directed towards its educational programs. The presence of comprehensive policies related to conflict of interest, whistleblower protections, and document retention further underscores its dedication to ethical governance.
However, as the score is based solely on financial accountability, potential limitations in other operational or programmatic areas are not reflected in this rating. While the financial indicators are promising, interested stakeholders may want to explore additional aspects of the academy's programs and community engagement for a more holistic understanding of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Tempe Preparatory Academy legitimate?
Tempe Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tempe Preparatory 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: $113,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,875,107
For more financial information, click here
Official website here: www.tempeprep.org
What is the mission statement of Tempe Preparatory Academy?
Tempe Preparatory Academy's mission is centered around enabling students to develop essential critical thinking and communication skills. The academy encourages students to delve into the cultural and scientific achievements that form the core of the liberal arts and sciences. By doing so, the academy aims to provide a well-rounded education that equips students with the necessary tools to navigate various aspects of life. The mission is to foster an environment where students can explore and understand the significant achievements in various fields, ultimately preparing them for their future endeavors.
Official website here: www.tempeprep.org
Who is the CEO of Tempe Preparatory Academy?
Wayne Porter is the Headmaster of Tempe Preparatory Academy.
Official website here: www.tempeprep.org
What is the revenue of Tempe Preparatory Academy?
Tempe Preparatory Academy's revenue in 2022 was $5,833,804.
Official website here: www.tempeprep.org
Who are the executives of Tempe Preparatory Academy and what are their salaries?
The average compensation at Tempe Preparatory Academy during 2022 was $49,812. There are 60 employees at Tempe Preparatory Academy.
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- Compensation: $113,620
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- Other: $16,921
Official website here: www.tempeprep.org
Where can I find the form 990 for Tempe Preparatory Academy?
Tempe Preparatory Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tempeprep.org
Learn more at the official website: www.tempeprep.org
Mission Statement of Tempe Preparatory Academy
Tempe Preparatory Academy, a renowned institution, is committed to empowering its students by fostering the development of critical thinking and communication skills. The Academy's mission is centered around exploring the cultural and scientific achievements that define the liberal arts and sciences. By providing a conducive environment, Tempe Preparatory Academy encourages students to delve into these realms, thereby broadening their perspectives and enhancing their intellectual capabilities. The ultimate goal is to equip students with the necessary tools to navigate the complexities of the modern world.
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Impact
July, 2024
Tempe Preparatory Academy's impact is significant in empowering students to acquire critical reasoning and communication skills, as well as explore cultural and scientific achievements at the core of the liberal arts and sciences. Through its mission, the academy plays a vital role in shaping students' academic abilities and fostering a well-rounded education that prepares them for future success. The emphasis on critical thinking and exploration of diverse fields equips students with the necessary tools to navigate a complex and evolving world, making a lasting impact on their educational and personal growth.
This information is meant to be a general summary of Tempe Preparatory 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: $5,928
- Program Service Revenue: $4,853,781
- Gross Receipts: $5,908,854
Assets and Liabilities:
- Total Assets: $13,268,263
- Total Liabilities: $6,991,239
- Net Assets: $6,277,024
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE EQUALIZATION
Revenue
$3,985,432
CLASSROOM SITE FUNDS
Revenue
$468,828
STUDENT ACTIVITIES
Revenue
$291,903
CLASSROOM FEES
Revenue
$90,110
INSTRUCTIONAL IMPROVEMENT
Revenue
$17,508
Organization Details
Founding Year
1995
Phone
(480) 839-3402Principal Officer
Wayne Porter
Main Address
1251 EAST SOUTHERN AVE, TEMPE, AZ, 85282
Website
www.tempeprep.orgNTEE Category
Code: B20Z - Education
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