Overview
What is Lorain Preparatory Academy?
Lorain Preparatory Academy is a nonprofit organization situated at 3038 Leavitt Road, Lorain, Ohio 44503. Its primary focus is delivering educational services to children in grades K-8 during the 2021-2022 school year. The organization's mission is to offer educational choices to students and their families within the community. It mainly engages in providing instructional services to enrolled students, aiming to benefit local children and their community. According to its Articles of Incorporation, the academy operates under IRC 501c3, which means it is organized and operates exclusively for charitable purposes.
Official website here: www.lorainprep.org
Is Lorain Preparatory Academy legitimate?
Lorain Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lorain 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,478,602
For more financial information, click here
Official website here: www.lorainprep.org
What is the mission statement of Lorain Preparatory Academy?
Lorain Preparatory Academy's mission, as outlined in its Articles of Incorporation, is primarily focused on offering educational choices to the local community's students and families. The organization primarily engages in providing educational services to students in grades K-8. The corporation was established with the intention of setting up and managing a charter school in Ohio, with the ultimate goal of benefiting the children and community. Additionally, it is permitted to engage in other activities that are incidental to these primary purposes, in accordance with the rules set out in Chapter 1702 of the Ohio Revised Code. The organization operates under the 501c3 section of the Internal Revenue Code, with the intention of operating exclusively for charitable purposes.
Official website here: www.lorainprep.org
Who is the CEO of Lorain Preparatory Academy?
C David Massa is the Board Member of Lorain Preparatory Academy.
Official website here: www.lorainprep.org
What is the revenue of Lorain Preparatory Academy?
Lorain Preparatory Academy's revenue in 2022 was $7,349,755.
Official website here: www.lorainprep.org
Who are the executives of Lorain Preparatory Academy and what are their salaries?
- Marcelo Torres (Board Member) [Trustee/Director]
- Richard Saul (Board Member) [Trustee/Director]
- Christopher Mills (Board Member) [Trustee/Director]
- Brenda Shelton (Board Member) [Trustee/Director]
- Suzie Dills (Board President) [Trustee/Director]
- Maria Silva (Board Member) [Trustee/Director]
Official website here: www.lorainprep.org
Where can I find the form 990 for Lorain Preparatory Academy?
The Lorain Preparatory Academy’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.lorainprep.org
Learn more at the official website: www.lorainprep.org
Mission Statement of Lorain Preparatory Academy
Lorain Preparatory Academy, a nonprofit organization, was established with the primary objective of offering educational choices to students and their families within its community. The organization's mission, as outlined in its Articles of Incorporation, is multifaceted. It aims to establish and manage a charter school within the state of Ohio, primarily serving students in Grades K-8. Furthermore, Lorain Preparatory Academy is permitted to engage in any activities that are incidental to these primary objectives, as permitted by the Internal Revenue Code Section 501c3. In essence, the academy is committed to providing a high-quality educational environment and fostering opportunities for growth and development among its students.
Impact
This information is meant to be a general summary of Lorain Preparatory Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Lorain Preparatory Academy's impact is felt through its provision of educational choice opportunities to students and families in the community. By offering instructional services to students in Grades K-8, the academy plays a crucial role in shaping the educational journey of children. This impact extends beyond the school itself, benefiting the children, the community, and promoting access to quality education in the state of Ohio.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2005
Phone
(440) 282-3127
Principal Officer
C David Massa
Main Address
3038 Leavitt Road, Lorain, OH, 44503
Website
www.lorainprep.org
NTEE Category
Code: B29 - Education
If you are a representative of Lorain Preparatory Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.