Overview
What is Valley Preparatory School?
Valley Preparatory School, located at 1605 Ford Street, Redlands, CA 92373, is a primary educational institution serving preschool to eighth-grade students. With an average enrollment of 156 students, the school is dedicated to fostering each student's potential through a student-centered, enriched college preparatory educational program. The mission of Valley Preparatory School is to nurture and motivate its students, providing them with a comprehensive education to help them excel in their future academic pursuits. The school employs a team of 35 individuals committed to this mission.
Official website here: www.valleyprepredlands.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Valley Preparatory School has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization has a solid independent board, with 100% independent members, which is a positive aspect. However, the lack of financial statements and missing policies, such as a whistleblower and document retention policy, significantly impacts its overall score.
The financial health of the organization shows promise with a low liabilities to assets ratio of 13.88%, suggesting stability. Additionally, the program expense ratio of 66.73% indicates that a substantial portion of its funds is directed toward its programs, which is a positive sign for effectiveness. However, the absence of key financial documentation raises concerns about transparency and governance.
Overall, while Valley Preparatory School demonstrates strengths in board independence and program spending, the significant gaps in financial accountability and policy frameworks suggest that potential donors and supporters should proceed with caution. Addressing these shortcomings could enhance the organization's credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Preparatory School legitimate?
Valley Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley 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: $141,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,256,040
For more financial information, click here
Official website here: www.valleyprepredlands.org/
What is the mission statement of Valley Preparatory School?
Valley Preparatory School's mission is centered around inspiring each student to realize their full potential. They achieve this goal through a student-focused, enriched college preparatory educational program, catering to students from preschool to eighth grade. The school's approach emphasizes on nurturing individual abilities and academic growth, aiming to prepare students for higher education. With an average enrollment of 156 students, Valley Preparatory School offers primary education, fostering a supportive learning environment where each student can thrive.
Official website here: www.valleyprepredlands.org/
Who is the CEO of Valley Preparatory School?
Mary Jo Holmes is the President of Valley Preparatory School.
Official website here: www.valleyprepredlands.org/
What is the revenue of Valley Preparatory School?
Valley Preparatory School's revenue in 2022 was $2,562,121.
Official website here: www.valleyprepredlands.org/
Who are the executives of Valley Preparatory School and what are their salaries?
The average compensation at Valley Preparatory School during 2022 was $39,943. There are 35 employees and 10 volunteers at Valley Preparatory School.
Here are 13 key members and their salaries:
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Official website here: www.valleyprepredlands.org/
Where can I find the form 990 for Valley Preparatory School?
Valley Preparatory School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valleyprepredlands.org/
Learn more at the official website: www.valleyprepredlands.org/
Mission Statement of Valley Preparatory School
Valley Preparatory School, a renowned educational institution, is dedicated to inspiring each student to reach their full potential. The school achieves this goal through an enriched, student-centered college preparatory educational program, catering to students from preschool to eighth grade. The mission of Valley Preparatory School is to foster an environment that nurtures and challenges students, enabling them to grow both academically and personally, ultimately preparing them for higher education. The school's enrollment typically consists of around 156 students, ensuring a personalized learning experience for every student.
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Impact
July, 2024
Valley Preparatory School's impact lies in its ability to inspire each student to reach their potential through a student-centered, enriched college preparatory educational program. By providing primary education for preschool through eighth grade, the school caters to an average enrollment of 156 students in Redlands, California. Through its dedicated mission, Valley Preparatory School plays a significant role in shaping the future of its students and preparing them for success in their academic endeavors.
This information is meant to be a general summary of Valley 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 2022.
- Investment Income: $95,715
- Program Service Revenue: $1,890,256
- Gross Receipts: $2,588,144
Assets and Liabilities:
- Total Assets: $1,820,330
- Total Liabilities: $282,354
- Net Assets: $1,537,976
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE
Revenue
$20,737
TUITION & REGISTRATION
Revenue
$1,882,783
TUITION FUNDED BY CONTRIB
Revenue
-$13,264
Organization Details
Founding Year
1957
Phone
(909) 793-3063Principal Officer
Mary Jo Holmes
Main Address
1605 FORD STREET, REDLANDS, CA, 92373
Website
www.valleyprepredlands.org/NTEE Category
Code: B24Z - Education
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