Overview
What is The College Preparatory School?
The College Preparatory School is an independent, co-educational day school located in Oakland, California, catering to students in grades 9 through 12. In the 2022-23 academic year, this esteemed institution offered education to 369 students, 25% of whom received approximately $2.9 million in need-based financial aid. During the same period, 95 seniors graduated, with 93 of them continuing their education in U.S. universities and one student enrolling in an international university. The College Preparatory School's mission is to prepare students for higher learning and ethical lives. The school places great importance on scholarship, dialogue, academic curiosity, and fostering an inclusive community that is kind, creative, diverse, and joyful. The student body is encouraged to engage deeply in their education, appreciate one another, and grow into well-rounded adults with open minds, strong ethical foundations, and generous hearts. The College Preparatory School employs a team of 159 individuals.
Official website here: www.college-prep.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The College Preparatory School has achieved an impressive 96% score, reflecting its strong commitment to accountability and financial management. This rating is derived solely from the Accountability & Finance category, underscoring the organization's effective governance practices and transparency. A notable aspect of its performance is the presence of a fully independent board, which contributes to its robust oversight structure.
The organization excels in several key areas, including a high program expense ratio of 75.92%, indicating that a significant portion of its funds is directed towards its educational programs. Additionally, it has a low liabilities-to-assets ratio of 21%, showcasing financial stability. Compliance with policies such as conflict of interest and whistleblower protections further demonstrates its dedication to ethical operations.
While the ratings are overwhelmingly positive, it's essential for potential donors and stakeholders to remain aware of the broader context of the nonprofit sector. Continuous evaluation of organizational performance and outcomes will be crucial in ensuring that The College Preparatory School maintains its high standards and effectively serves its community.
This AI summary has been generated from information found on Charity Navigator.
Is The College Preparatory School legitimate?
The College Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The College Preparatory School 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: $1,027,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,502,865
For more financial information, click here
Official website here: www.college-prep.org
What is the mission statement of The College Preparatory School?
The College Preparatory School is committed to preparing students for higher education and shaping them into ethical adults. They uphold the importance of scholarship and encourage intellectual curiosity. The school values dialogue and fosters a kind, creative, diverse, and joyful community. Students are encouraged to engage deeply in learning and appreciate one another. Upon graduation, they emerge as intellectually adventurous, ethically grounded individuals, possessing generous hearts and spirits.
Official website here: www.college-prep.org
Who is the CEO of The College Preparatory School?
Thanh Tran is the Cfo of The College Preparatory School.
Official website here: www.college-prep.org
What is the revenue of The College Preparatory School?
The College Preparatory School's revenue in 2023 was $24,101,245.
Official website here: www.college-prep.org
Who are the executives of The College Preparatory School and what are their salaries?
The average compensation at The College Preparatory School during 2023 was $66,230. There are 159 employees and 350 volunteers at The College Preparatory School.
Here are 28 key members and their salaries:
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- Compensation: $146,253
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- Other: $16,778
Official website here: www.college-prep.org
Where can I find the form 990 for The College Preparatory School?
The College Preparatory School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.college-prep.org
Learn more at the official website: www.college-prep.org
Mission Statement of The College Preparatory School
The College Preparatory School, a esteemed institution, is committed to nurturing students into intellectually curious individuals equipped for higher education and ethical living. With a strong belief in the significance of academic rigor and the value of open dialogue, College Prep fosters an environment where young people can thrive.
The school's mission is rooted in the fundamental importance of scholarship, as it challenges students to delve deeply into their learning. Here, students are not merely consumers of knowledge; they are encouraged to engage with the material in a meaningful way that fosters growth and development. Furthermore, the school values a kind, creative, diverse, and joyful community, where students learn to appreciate one another and grow into adults with strong ethical foundations.
College Prep's dedication to its students extends beyond academic excellence. The institution strives to instill a sense of generosity in its students, helping them become adults with open hearts and spirits. By fostering a nurturing and inclusive community, the school provides a safe space where students can flourish both intellectually and emotionally, preparing them for a successful and productive future.
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Impact
October, 2024
The College Preparatory School profoundly impacts its students by fostering an environment that prioritizes academic excellence, ethical growth, and community engagement. Located in Oakland, California, this independent co-educational school for grades 9 through 12 enables young people to embrace their intellectual curiosity while cultivating a vibrant, diverse, and supportive community.
With a dedicated focus on preparing students for college and university studies, The College Preparatory School equips them to lead productive and meaningful lives. During the 2022-23 academic year, the school educated 369 students, with a noteworthy commitment to accessibility demonstrated by providing approximately $2.9 million in need-based financial aid to 25% of its student body.
The outcomes of this approach are evident in the class of 2023, where 95 seniors graduated, with an impressive 93 students continuing their education at U.S. universities and 1 at an international institution. Through its mission, the school emphasizes the value of dialogue, scholarship, and the importance of belonging to a compassionate, creative community. This holistic educational experience encourages students to engage deeply in their studies, appreciate diverse perspectives, and develop into intellectually adventurous and ethically grounded adults who contribute positively to society.
This information is meant to be a general summary of The College Preparatory School. 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: $1,725,501
- Program Service Revenue: $19,579,247
- Gross Receipts: $25,227,623
Assets and Liabilities:
- Total Assets: $86,639,069
- Total Liabilities: $18,199,755
- Net Assets: $68,439,314
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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
$19,549,630
OTHER PROGRAM INCOME
Revenue
$29,617
Organization Details
Founding Year
1960
Phone
(510) 652-0111Principal Officer
Thanh Tran
Main Address
6100 BROADWAY, OAKLAND, CA, 94618
Website
www.college-prep.orgNTEE Category
Code: B250 - Education
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