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Legal Prep Charter Academies

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

EIN: 271071296 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Legal Prep Charter Academies?

Legal Prep Charter Academies is a nonprofit organization situated in Chicago, Illinois. Established with the aim of opening a legal-themed charter high school in a high-need community, it began serving students in 2012. The school, located at 4319 West Washington Boulevard, caters to students at the freshman, sophomore, junior, and senior levels, as indicated by the data up to June 30, 2022. With a rigorous curriculum and high expectations, Legal Prep Charter Academies aims to prepare its Chicago-based students for success in college and beyond. As of the provided information, the academy employs 49 individuals.


Official website here: www.legalprep.org

Is Legal Prep Charter Academies legitimate?

Legal Prep Charter Academies is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legal Prep Charter Academies 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: $361,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,916,804

For more financial information, click here


Official website here: www.legalprep.org

What is the mission statement of Legal Prep Charter Academies?

Legal Prep Charter Academies was established with the goal of establishing a legal-themed charter high school in a high-need community. The school's mission is to help Chicago's youth achieve success in college and life. This is achieved through a rigorous curriculum and a culture that encourages high expectations, empowering students to reach their full potential. The school, which began operations in August 2012, served 256 students across various grade levels until June 30, 2022.


Official website here: www.legalprep.org

Who is the CEO of Legal Prep Charter Academies?

Sam Finkelstein is the President of Legal Prep Charter Academies. The CEO's salary of Legal Prep Charter Academies is $146,491 and their total compensation is $178,389.


Official website here: www.legalprep.org

What is the revenue of Legal Prep Charter Academies?

Legal Prep Charter Academies's revenue in 2022 was $4,710,183.


Official website here: www.legalprep.org

Who are the executives of Legal Prep Charter Academies and what are their salaries?

The average compensation at Legal Prep Charter Academies during 2022 was $46,495. There are 49 employees and 225 volunteers at Legal Prep Charter Academies.

Here are 19 key members and their salaries (Legal Prep Charter Academies's CEO's salary is $146,491 and their total compensation is $178,389):

    Sam Finklestein (Ceo & Ex-Officio Member)
  • Compensation: $146,491
  • Related: $0
  • Other: $31,898

    • Rather Stanton (Coo & Ex-Officio Member)
  • Compensation: $146,592
  • Related: $0
  • Other: $20,243

    • Jason Brown (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Westhoff (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Fine (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oscar Romero (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Chadha (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Demonte (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latonia Foster (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Hardin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Isasi (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Kornick Friedman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Lafrance (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Snehal Mehta (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Beth Miller (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chaka Patterson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Pryor (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Susler (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Wu (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.legalprep.org

    Where can I find the form 990 for Legal Prep Charter Academies?

    The Legal Prep Charter Academies’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.legalprep.org

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

    Mission Statement of Legal Prep Charter Academies

    Legal Prep Charter Academies, a renowned educational institution, was established with a mission to prepare Chicago's youth for success in higher education and life. The school's approach is characterized by a rigorous curriculum and a culture that fosters high expectations, aiming to empower its students to reach their full potential. By providing a legal-themed focus, Legal Prep Charter Academies aims to equip its students with a unique and valuable skill set, setting them apart in their future academic and professional pursuits. The school opened its doors to students in 2012, serving a total of 256 students across various grade levels, from freshman to senior, up until June 2022.

    Impact

    This information is meant to be a general summary of Legal Prep Charter Academies. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Legal Prep Charter Academies have had a significant impact on the high-need Chicago community by providing a legal-themed charter high school since its opening in August 2012. The school has served numerous students at various grade levels, preparing them to succeed in college and beyond through a rigorous curriculum and high expectations. By empowering Chicago's youth to achieve their full potential, Legal Prep Charter Academies are making a positive difference in the lives of their students and contributing to the community's educational landscape.





    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: $0
  • Program Service Revenue: $141,989
  • Gross Receipts: $4,757,263

    • Assets and Liabilities:
  • Total Assets: $6,701,442
  • Total Liabilities: $5,424,799
  • Net Assets: $1,276,643
  • Programs

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

    FOOD SERVICE REVENUE

    Revenue

    $97,149

    STUDENT ACTIVITIES

    Revenue

    $44,840

    Organization Details

    Founding Year

    2009

    Principal Officer

    Sam Finkelstein

    Main Address

    4319 WEST WASHINGTON BOULEVARD, CHICAGO, IL, 606242232

    NTEE Category

    Code: B29 - Education

    If you are a representative of Legal Prep Charter Academies 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.