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Rutgers Preparatory School

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

EIN: 221607926 ✦ Somerset, NJ ✦ Designated as a 501(c)(3)

Overview

What is Rutgers Preparatory School?

Rutgers Preparatory School is an independent day school located at 1345 Easton Avenue in Somerset, New Jersey. With approximately 696 students enrolled across pre-kindergarten through twelfth grade, the school serves the Somerset County community and its adjacent areas. As a co-educational institution, Rutgers Preparatory School is dedicated to providing quality education and instruction that fosters intellectual curiosity and creativity in its students. Through excellence in education, the school inspires students to discover their passions and lead with confidence. The school employs a total of 253 individuals to facilitate its mission.


Official website here: www.rutgersprep.org

Is Rutgers Preparatory School legitimate?

Rutgers Preparatory School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rutgers 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.

Here are some key statistics you may want to consider:

Executive Compensation: $898,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,514,426

For more financial information, click here


Official website here: www.rutgersprep.org

What is the mission statement of Rutgers Preparatory School?

At Rutgers Preparatory School, education takes center stage, inspiring students from pre-kindergarten to twelfth grade to explore their passions and embrace intellectual curiosity and creativity. The institution strives for excellence in education, enabling students to lead with confidence. Through rigorous learning, the school nurtures the minds of approximately 696 students, serving communities beyond Somerset County. By fostering a supportive environment, Rutgers Preparatory School empowers its students to explore diverse academic opportunities and develop important skills, preparing them for future success.


Official website here: www.rutgersprep.org

Who is the CEO of Rutgers Preparatory School?

Steven Loy is the Principal Officer of Rutgers Preparatory School.


Official website here: www.rutgersprep.org

What is the revenue of Rutgers Preparatory School?

Rutgers Preparatory School's revenue in 2022 was $30,642,354.


Official website here: www.rutgersprep.org

Who are the executives of Rutgers Preparatory School and what are their salaries?

The average compensation at Rutgers Preparatory School during 2022 was $53,014. There are 253 employees and 18 volunteers at Rutgers Preparatory School.

Here are 25 key members and their salaries:

    Steven A Loy (Head Of School)
  • Compensation: $478,706
  • Related: $0
  • Other: $70,168

    • Peter Richardson (Dir. Of Campus Operations)
  • Compensation: $189,088
  • Related: $0
  • Other: $44,955

    • Kevin Merges (Dir. Of Innovation Center)
  • Compensation: $174,510
  • Related: $0
  • Other: $53,782

    • Robert Apgar (Chief Operating Officer)
  • Compensation: $215,184
  • Related: $0
  • Other: $10,214

    • Todd Rutman (Director Of Finance)
  • Compensation: $168,230
  • Related: $0
  • Other: $40,502

    • Patria Leroy (Dir. Of Enrollment & Financial Aid)
  • Compensation: $151,012
  • Related: $0
  • Other: $57,271

    • Joe Chodl (Upper School Principal)
  • Compensation: $147,468
  • Related: $0
  • Other: $42,955

    • Kate Andersen-Sheft (Secretary, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ana Aymes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark A Bean (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Della Hammer Cherchia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew K Golden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christian Husby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ian Marshall (Trustee (Started 7/1/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Ziebarth (Trustee (Started 7/1/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Ramallo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest Renda (President, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Georges Richa (Vice President, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loretta Shaw-Lorello (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Sherman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Tamburro (Treasurer, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Toomey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Yorlano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joy Zhao (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rutgersprep.org

    Where can I find the form 990 for Rutgers Preparatory School?

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


    Official website here: www.rutgersprep.org

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

    Mission Statement of Rutgers Preparatory School

    Rutgers Preparatory School, a co-educational independent day school, is dedicated to inspiring students from pre-kindergarten through twelfth grade to explore their passions, embrace intellectual curiosity, and lead with confidence. Through high-quality education and instruction, this esteemed institution nurtures approximately 696 students, serving Somerset County and adjacent communities.

    At Rutgers Preparatory School, the focus is on more than just academic achievement. The mission goes beyond textbooks and classrooms, as the school strives to create an environment where students can discover their unique talents and interests. By inspiring intellectual curiosity and creativity, Rutgers Preparatory School empowers its students to pursue their passions with confidence and dedication, setting them up for success in their future endeavors.

    In practice, Rutgers Preparatory School provides education and instruction that caters to the individual needs of each student. This rigorous and comprehensive approach to learning ensures that students are well-equipped to face the challenges of the modern world, both academically and personally. Through its commitment to excellence, Rutgers Preparatory School has become a beacon of educational achievement and a source of pride for its students and their families.

    Impact

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




    Thursday, August 15, 2024

    Rutgers Preparatory School's impact is profound, as it provides education and instruction to approximately 696 students in grades Pre-kindergarten through 12, serving Somerset County and adjacent communities. Through excellence in education, the school inspires students to discover and pursue their passions, embrace intellectual curiosity and creativity, and lead with confidence. This institution plays a crucial role in shaping the future leaders and thinkers of tomorrow, instilling a strong foundation of knowledge and values in each student.





    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: $1,244,577
  • Program Service Revenue: $27,985,378
  • Gross Receipts: $30,822,250

    • Assets and Liabilities:
  • Total Assets: $57,499,480
  • Total Liabilities: $7,830,936
  • Net Assets: $49,668,544
  • Programs

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

    STUDENT TUITION

    Revenue

    $26,898,827

    STUDENT FEES

    Revenue

    $616,680

    OTHER PROGRAMS

    Revenue

    $469,871

    Organization Details

    Founding Year

    1766

    Principal Officer

    Steven Loy

    Main Address

    1345 EASTON AVENUE, SOMERSET, NJ, 088731499

    NTEE Category

    Code: B200 - Education

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