Overview
What is University Preparatory Academy?
University Preparatory Academy is an independent school located in Seattle, Washington, with a student body ranging from grades 6 to 12. Established in 1976, this nonprofit institution is accredited by the Northwest Association of Independent Schools and the State of Washington. The Academy is dedicated to fostering each student's intellectual and social growth, aiming to cultivate intellectually courageous and socially responsible global citizens. With a team of 243 employees, University Preparatory Academy provides a nurturing environment for students to reach their full potential.
Official website here: www.universityprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
University Preparatory Academy has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored particularly well in areas such as board independence and financial oversight, with 100% of board members being independent and a significant focus on transparent financial reporting. The high program expense ratio of 82.79% demonstrates their commitment to directing resources towards their educational programs.
However, the rating also highlights a notable limitation; the absence of a whistleblower policy, which received a score of zero. This could raise concerns about transparency and the ability for individuals within the organization to report misconduct safely. Despite this, the overall financial management practices appear robust, marked by the absence of material diversion of assets and a healthy liabilities to assets ratio.
In summary, while University Preparatory Academy excels in many areas of accountability and financial management, the lack of a whistleblower policy is a gap that the organization may want to address to enhance its governance framework further. Overall, their high rating reflects a solid commitment to their mission and responsible stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
Is University Preparatory Academy legitimate?
University Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. University 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: $1,709,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,903,944
For more financial information, click here
Official website here: www.universityprep.org
What is the mission statement of University Preparatory Academy?
University Preparatory Academy is dedicated to fostering the growth of students in grades 6 through 12, helping them develop into intellectually brave and socially responsible global citizens. Accredited by both the Northwest Association of Independent Schools and the State of Washington, the institution is committed to unlocking each student's full potential. By providing a private education, University Preparatory Academy aims to instill in its students the confidence and skills necessary to make a positive impact on the world.
Official website here: www.universityprep.org
What is the revenue of University Preparatory Academy?
University Preparatory Academy's revenue in 2024 was $36,146,863.
Official website here: www.universityprep.org
Who are the executives of University Preparatory Academy and what are their salaries?
The average compensation at University Preparatory Academy during 2024 was $57,083. There are 256 employees and 150 volunteers at University Preparatory Academy.
Here are 35 key members and their salaries:
- Compensation: $92,811
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- Other: $15,834
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- Compensation: $479,129
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- Other: $32,147
- Compensation: $318,563
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- Other: $31,636
- Compensation: $198,650
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- Other: $18,340
- Compensation: $175,126
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- Other: $21,596
- Compensation: $185,850
- Related: $0
- Other: $17,247
- Compensation: $172,619
- Related: $0
- Other: $21,420
- Compensation: $167,041
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- Other: $22,830
- Compensation: $161,546
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- Other: $20,645
- Compensation: $164,366
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- Other: $14,608
- Compensation: $100,899
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- Other: $11,587
Official website here: www.universityprep.org
Where can I find the form 990 for University Preparatory Academy?
University Preparatory Academy's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.universityprep.org
Learn more at the official website: www.universityprep.org
Mission Statement of University Preparatory Academy
University Preparatory Academy, a private school catering to students in grades 6 through 12, is dedicated to fostering the intellectual and social growth of each student. Established in 1976, this accredited institution, recognized by both the Northwest Association of Independent Schools and the state of Washington, is committed to nurturing students into intellectually courageous and socially responsible global citizens. Through its rigorous academic programs, University Preparatory Academy empowers students to reach their full potential and navigate the complexities of the modern world. By emphasizing intellectual curiosity and social responsibility, the academy equips students with the skills and mindset necessary to thrive in their personal and professional lives.
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Impact
October, 2024
University Preparatory Academy plays a significant role in shaping the future of its students through a rigorous and comprehensive educational framework. Serving grades 6 through 12, the academy is dedicated to nurturing each student's intellectual curiosity and social responsibility. With accreditation from the Northwest Association of Independent Schools and the State of Washington, it ensures high educational standards and fosters an environment where students can thrive academically and personally.
The academy's commitment to developing intellectually courageous individuals means that students are encouraged to think critically, challenge assumptions, and engage deeply with diverse perspectives. This focus not only prepares them for higher education but also instills a sense of responsibility towards their communities and the world at large. By emphasizing a well-rounded education, University Preparatory Academy cultivates informed and compassionate citizens, ready to contribute positively to society.
Located in Seattle, University Preparatory Academy is strategically positioned to benefit from and contribute to a vibrant educational landscape. The academy's innovative approach and its commitment to student potential have lasting impacts that extend beyond the classroom, shaping leaders and advocates for change in an ever-evolving global context.
This information is meant to be a general summary of University 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 2024.
- Investment Income: $2,673,678
- Program Service Revenue: $29,415,482
- Gross Receipts: $36,263,998
Assets and Liabilities:
- Total Assets: $111,654,296
- Total Liabilities: $40,013,581
- Net Assets: $71,640,715
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$29,298,531
FORFEITED DEPOSITS
Revenue
$79,831
APPLICATION FEES
Revenue
$37,120
Organization Details
Founding Year
1976
Principal Officer
Ronnie Codrington-Cazeau
Website
www.universityprep.orgNTEE Category
Code: B200 - Education
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