Overview
What is Prospect Schools Inc?
Prospect Schools Inc, established in 2007 in Brooklyn, New York, is a nonprofit organization predominantly focused on supporting Brooklyn Prospect Charter School. This educational corporation runs three charter schools in Brooklyn. Prospect Schools Inc provides comprehensive management services to the school, ensuring its smooth operation. Additionally, it raises funds to support the school's activities. Beyond its commitment to Brooklyn Prospect, the organization also aims to expand its assistance to other charter schools in New York, furthering its mission to bolster the charter school sector. With a dedicated workforce of 65 individuals, Prospect Schools Inc plays a significant role in enhancing educational opportunities in Brooklyn and beyond.
Is Prospect Schools Inc legitimate?
Prospect Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prospect Schools Inc 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: $915,906
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,430,877
For more financial information, click here
What is the mission statement of Prospect Schools Inc?
Prospect Schools Inc, established under New York state laws in 2007, primarily focuses on providing comprehensive management services to various charter schools, including Brooklyn Prospect Charter School. The organization's mission extends beyond this, aiming to expand its services to other schools within its network. Additionally, Prospect Schools Inc is committed to raising funds to support charter schools, not just in New York, but potentially in other areas as well. By offering management services and securing financial backing, the organization aims to contribute positively to the educational sector.
Who is the CEO of Prospect Schools Inc?
Hillary Prince is the Board Chair of Prospect Schools Inc. The CEO's salary of Prospect Schools Inc is $188,337 and their total compensation is $197,276.
What is the revenue of Prospect Schools Inc?
Prospect Schools Inc's revenue in 2022 was $6,588,021.
Who are the executives of Prospect Schools Inc and what are their salaries?
The average compensation at Prospect Schools Inc during 2022 was $66,874. There are 65 employees and 13 volunteers at Prospect Schools Inc.
Here are 11 key members and their salaries (Prospect Schools Inc's CEO's salary is $188,337 and their total compensation is $197,276):
- Jonathan Mcintosh (Chief Academic Officer)
- Elaine Perez Chief Operating (Officer (Thru Oct 2021))
- Tresha Ward (Chief Executive Officer)
- Hillary Prince (Chief Financial Officer)
- Carolyn Michael (Director Of Teaching & Learning)
- Kate Walker (Board Chair) [Trustee/Director]
- Kevin Mole (Treasurer) [Trustee/Director]
- Elizabeth Varley Camp (Secretary) [Trustee/Director]
- Stephen Bailey (Trustee)
- Jennifer Benn (Trustee)
- Penny Marzulli (Trustee)
Where can I find the form 990 for Prospect Schools Inc?
The Prospect Schools Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Prospect Schools Inc
Prospect Schools Inc, established in 2007, is a nonprofit organization with a mission to offer comprehensive management services to Brooklyn Prospect Charter School and raise funds to support New York charter schools. The organization's primary role is to support Brooklyn Prospect Charter School, an educational corporation operating three charter schools in Brooklyn, NY. Beyond managing this specific school, Prospect Schools Inc aims to expand its services to other potential schools in its network. This expansive mission is supported by the organization's commitment to raising funds for charter schools across New York City. By providing robust management services and financial support, Prospect Schools Inc contributes to the success and growth of charter schools in the region.
Impact
This information is meant to be a general summary of Prospect Schools Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Prospect Schools Inc provides comprehensive management services to Brooklyn Prospect Charter School and raises funds to support the school. Through these efforts, Prospect Schools Inc impacts the educational landscape in Brooklyn, NY by ensuring high-quality education is accessible to students in the borough. Their mission to provide management services and financial support to charter schools in New York contributes to improved educational opportunities for students and strengthens the community's educational resources.
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:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$6,225,672
Organization Details
Founding Year
2007
Phone
(718) 643-1086
Principal Officer
Hillary Prince
Main Address
397 BRIDGE STREET 9TH FLOOR, BROOKLYN, NY, 11201
NTEE Category
Code: B122 - Education
If you are a representative of Prospect Schools Inc 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.