Overview
What is Pace Preparatory Academy Inc?
Pace Preparatory Academy Inc, located in Paradise Valley, Arizona, is a dedicated nonprofit organization committed to fostering self-motivated and competent individuals ready to excel in the modern world. Their mission is to create a secure learning environment, offering an alternative, focused, and individualized educational program that enables students to recover and earn credits, ultimately graduating as self-reliant and skilled adults equipped for either a career or higher education. With a team of 17 dedicated employees, this institution strives to empower students with essential reading, writing, technological, and problem-solving skills, setting them on a path towards becoming contributing members of society in the 21st century.
Official website here: www.paceacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Pace Preparatory Academy Inc has received a low rating of 54%, indicating significant concerns regarding its accountability and financial practices. While it boasts a fully independent board of directors and a satisfactory program expense ratio of 73.59%, the lack of financial statements and missing key policies such as conflict of interest and whistleblower protections contribute to its overall low rating.
The organization has demonstrated strengths in governance with all board members being independent and has not shown any material diversion of assets, which suggests a degree of operational integrity. However, the absence of essential financial documentation raises red flags about transparency and accountability, making it challenging for potential donors and stakeholders to assess the organization's financial health and operational efficiency.
Overall, Pace Preparatory Academy Inc faces significant limitations despite some positive aspects of governance. The missing policies and financial statements highlight the need for improvements to enhance transparency and build trust with its supporters and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Pace Preparatory Academy Inc legitimate?
Pace Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pace Preparatory Academy Inc 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: $497,463
For more financial information, click here
Official website here: www.paceacademy.com
What is the mission statement of Pace Preparatory Academy Inc?
Pace Preparatory Academy Inc's mission is centered around providing a safe environment for all students. This environment serves as a platform for students to engage in an alternative, focused, and individualized educational program. The primary goal of this program is to enable students to earn and recover credits, ultimately leading to graduation. The academy aims to develop self-motivated and competent adults who are well-prepared for either a career or further education. The mission also includes equipping students with essential skills such as reading, writing, technological proficiency, and problem-solving abilities. By doing so, the academy aims to foster individuals who can contribute positively to society in the 21st century.
Official website here: www.paceacademy.com
Who is the CEO of Pace Preparatory Academy Inc?
William Sakelarios is the Vice Preside of Pace Preparatory Academy Inc.
Official website here: www.paceacademy.com
What is the revenue of Pace Preparatory Academy Inc?
Pace Preparatory Academy Inc's revenue in 2023 was $1,439,940.
Official website here: www.paceacademy.com
Who are the executives of Pace Preparatory Academy Inc and what are their salaries?
The average compensation at Pace Preparatory Academy Inc during 2023 was $29,263. There are 17 employees at Pace Preparatory Academy Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.paceacademy.com
Where can I find the form 990 for Pace Preparatory Academy Inc?
Pace Preparatory Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.paceacademy.com
Learn more at the official website: www.paceacademy.com
Mission Statement of Pace Preparatory Academy Inc
Pace Preparatory Academy Inc's mission is centered around providing a secure learning environment for all students. This institution aims to offer an alternative, focused, and individualized educational program. This program is designed to enable students to earn and recover credits, ultimately leading them towards graduation. The goal is to cultivate self-motivated and competent adults who are well-prepared for either a career or further education. Pace Preparatory Academy Inc strives to equip these students with essential life skills, including strong reading, writing, technological, and problem-solving abilities. The objective is to develop individuals who can become valuable contributors to society in the 21st century.
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Impact
July, 2024
PACE Preparatory Academy Inc's impact lies in providing a safe environment where all students can acquire an alternative, focused, individualized educational program. This enables students to earn and recover credits, ultimately preparing them to graduate and become self-motivated and competent adults ready for careers or college. The academy's mission is to equip students with the necessary skills to be lifelong learners and contributing members of society in the 21st century.
This information is meant to be a general summary of Pace Preparatory Academy Inc. 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.
- Gross Receipts: $1,439,940
Assets and Liabilities:
- Total Assets: $1,758,915
- Total Liabilities: $1,655,719
- Net Assets: $103,196
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Organization Details
Founding Year
2000
Phone
(928) 301-5484Principal Officer
William Sakelarios
Main Address
6120 E VIA ESTRELLA AVE, PARADISE VALLEY, AZ, 85253
Website
www.paceacademy.comNTEE Category
Code: B25 - Education
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