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Arete Preparatory Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205332933 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Arete Preparatory Academy?

Arete Preparatory Academy is a nonprofit educational institution situated in Phoenix, Arizona. Its primary mission is to nurture students into becoming compassionate leaders, capable of achieving success in higher education and professional careers. The curriculum is built on the principles of classical liberal arts and employs a revolutionary approach to education, fostering the hearts and minds of students in their quest for truth, goodness, and beauty. By focusing on more than just test proficiency, the academy cultivates well-rounded individuals, preparing them for a fulfilling journey ahead.


Official website here: www.areteprepacademy.org

Is Arete Preparatory Academy legitimate?

Arete Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arete 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: $105,519
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,726,976

For more financial information, click here


Official website here: www.areteprepacademy.org

What is the mission statement of Arete Preparatory Academy?

Arete Preparatory Academy's mission is to educate its students beyond mere test proficiency, aiming to develop great-hearted leaders capable of achieving success throughout their higher education and professional careers. This is achieved through a curriculum grounded in the classical liberal arts tradition and a revolutionary approach to learning, fostering the pursuit of truth, goodness, and beauty in students' hearts and minds.


Official website here: www.areteprepacademy.org

Who is the CEO of Arete Preparatory Academy?

Katherine Mcmillan is the President of Arete Preparatory Academy.


Official website here: www.areteprepacademy.org

What is the revenue of Arete Preparatory Academy?

Arete Preparatory Academy's revenue in 2022 was $5,873,907.


Official website here: www.areteprepacademy.org

Who are the executives of Arete Preparatory Academy and what are their salaries?

Here are 5 key members and their salaries:

    Julia Gillingham (Headmaster)
  • Compensation: $0
  • Related: $97,169
  • Other: $8,350

    • Robert Mulhern (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Tirone (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Bishop (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christofer Pereyra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.areteprepacademy.org

    Where can I find the form 990 for Arete Preparatory Academy?

    The Arete Preparatory Academy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.areteprepacademy.org

    Learn more at the official website: www.areteprepacademy.org

    Mission Statement of Arete Preparatory Academy

    Arete Preparatory Academy, a renowned educational institution, strives to go beyond merely preparing students to excel in standardized tests. Instead, it aims to foster great-hearted leaders capable of achieving success in their higher education and professional careers. The academy achieves this goal through a curriculum grounded in the classical liberal arts tradition and an innovative approach to education itself. By cultivating the hearts and minds of its students in the pursuit of truth, goodness, and beauty, Arete Preparatory Academy sets its learners on a path to becoming well-rounded individuals who can make a significant impact in their chosen fields.

    Impact

    This information is meant to be a general summary of Arete Preparatory Academy. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Arete Preparatory Academy's impact lies in shaping students to be more than proficient test-takers; it molds them into great-hearted leaders capable of succeeding in higher education and their professional careers. By instilling a curriculum rooted in the classical liberal arts tradition and a unique approach to education, Arete Preparatory Academy, as part of the Great Hearts network, nurtures students' hearts and minds in the pursuit of truth, goodness, and beauty. This educational philosophy equips students with not just academic knowledge but also with the virtues and skills needed to excel in all aspects of life.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,825
  • Program Service Revenue: $4,907,648
  • Gross Receipts: $5,873,907

    • Assets and Liabilities:
  • Total Assets: $1,776,122
  • Total Liabilities: $315,167
  • Net Assets: $1,460,955
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    STATE EQUALIZATION

    Revenue

    $4,243,272

    CLASSROOM SITE FUNDS

    Revenue

    $481,568

    CO-CURRICULAR ACTIVITIES

    Revenue

    $182,808

    Organization Details

    Founding Year

    2006

    Principal Officer

    Katherine Mcmillan

    Main Address

    4801 E WASHINGTON STREET SUITE 250, PHOENIX, AZ, 85034

    NTEE Category

    Code: B29 - Education

    If you are a representative of Arete 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.