Friends Of Valence Prep Inc

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

EIN: 853616971 ✦ Queens, NY ✦ Designated as a 501(c)(3)

Overview

What is Friends Of Valence Prep Inc?

Friends of Valence Prep Inc is a nonprofit organization dedicated to supporting Valence College Prep Charter School in New York. Their primary role involves providing both financial and technical assistance, furthering the educational and charitable objectives of the charter school. A notable aspect of their work includes offering rental services to the school. The organization's mission is deeply rooted in enhancing the educational experience and opportunities for students at Valence College Prep Charter School.


Official website here: www.valencecollegeprep.org

Is Friends Of Valence Prep Inc legitimate?

Friends Of Valence Prep Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Valence Prep 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.valencecollegeprep.org

What is the mission statement of Friends Of Valence Prep Inc?

Friends of Valence Prep Inc was established with the mission to offer financial and technical support, thereby advancing the educational and charitable objectives of Valence College Prep Charter School. The organization's primary goal is to bolster the educational endeavors of this school, contributing in a significant manner to its overall growth and development. One of the ways Friends of Valence Prep Inc achieves this is by providing rental facilities to the charter school. This partnership allows the school to offer its services effectively, ultimately benefiting the students and the community at large.


Official website here: www.valencecollegeprep.org

Who is the CEO of Friends Of Valence Prep Inc?

Luke De Grossi is the Chair of Friends Of Valence Prep Inc.


Official website here: www.valencecollegeprep.org

What is the revenue of Friends Of Valence Prep Inc?

Friends Of Valence Prep Inc's revenue in 2022 was $3,132,834.


Official website here: www.valencecollegeprep.org

Who are the executives of Friends Of Valence Prep Inc and what are their salaries?

Here are 3 key members and their salaries:

    Luke De Grossi (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Besk Pryor (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Guerrero (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.valencecollegeprep.org

    Where can I find the form 990 for Friends Of Valence Prep Inc?

    The Friends Of Valence Prep Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.valencecollegeprep.org

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

    Mission Statement of Friends Of Valence Prep Inc

    Friends of Valence Prep Inc, as an organization, was established with a mission to offer financial and technical support, aiming to advance the educational and charitable objectives of Valence College Prep Charter School situated in New York. Their primary goal is to bolster the educational initiatives and philanthropic activities of this educational institution. To achieve this, they provide various resources, including the rental of their building to the charter school. The organization plays a crucial role in facilitating the growth and success of Valence College Prep Charter School, ensuring it can continue to provide quality education and charitable services to its students and community.

    Impact

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




    Saturday, July 20, 2024

    Friends Of Valence Prep Inc's impact is significant in supporting the educational and charitable purposes of Valence College Prep Charter School in Queens, New York. By providing financial and technical support, the organization helps enhance the quality of education and opportunities available to students at the charter school. Through initiatives such as offering building rentals to the school, Friends Of Valence Prep Inc plays a crucial role in fostering a conducive learning environment for students. Their dedication to education contributes to the overall development and success of the school and its students.





    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: $3,132,834
  • Gross Receipts: $3,132,834

    • Assets and Liabilities:
  • Total Assets: $1,442,930
  • Total Liabilities: $1,235,404
  • Net Assets: $207,526
  • Programs

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

    Rent Income

    Revenue

    $3,132,834

    Organization Details

    Founding Year

    2021

    Principal Officer

    Luke De Grossi

    Main Address

    97-29 64th Rd, Queens, NY, 11374

    NTEE Category

    Code: B02 - Education

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