Northeast Ohio College Preparatory School is located in Cleveland, OH. The organization was established in 2014. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Ohio College Preparatory School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Northeast Ohio College Preparatory School generated $6.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $5.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PREPARE STUDENTS FOR A COLLEGE PREPARATORY HIGH SCHOOL THAT WILL ENSURE SUCCESS AND GRADUATION FROM A FOUR YEAR COLLEGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VISION IS TO CREATE CULTURE OF HIGH EXPECTATIONS FOR BEHAVIOR AND ACADEMICS THROUGH A RIGOROUS, RESEARCH-BASED CURRICULA AND A FOCUS ON ACHIEVEMENT. IT IS THE GOAL THAT STUDENTS WILL GRADUATE FROM THE EIGHTH GRADE, ATTEND A COLLEGE PREPARATORY HIGH SCHOOL AND ULTIMATELY GAIN ACCEPTANCE TO AND GRADUATE FROM A FOUR YEAR COLLEGE. IT IS OUR EXPECTATION THAT 100% OF GRADUATES WILL POSITIVELY AFFECT CHANGE IN THEIR LOCAL COMMUNITIES WHILE MAKING A CONTRIBUTION TO OUR GLOBAL SOCIETY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mandisa Lewis Board Member | Trustee | 1 | $1,160 |
Rodney Lewis Board Member | Trustee | 1 | $1,160 |
Karen Lewis Board Member | Trustee | 1 | $1,160 |
Sonya Boyd Board Member | Trustee | 1 | $1,160 |
Aaron Berg Board Member | Trustee | 1 | $928 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Total Education Solutions Educational Services | 6/29/21 | $105,419 |
St John Cantius Church Rent | 6/29/21 | $141,898 |
Accel Schools Llc Management Services | 6/29/21 | $3,476,425 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $6,928,397 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,928,397 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,928,397 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,221,366 |
Pension plan accruals and contributions | $0 |
Other employee benefits | -$293,154 |
Payroll taxes | $0 |
Fees for services: Management | $1,234,173 |
Fees for services: Legal | $34,625 |
Fees for services: Accounting | $34,085 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $537,945 |
Advertising and promotion | $77,300 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $661,303 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $99,298 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $68,844 |
Insurance | $14,528 |
All other expenses | $28,378 |
Total functional expenses | $5,099,305 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $297,001 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $370,696 |
Accounts receivable, net | $408,531 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $48,094 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $114,153 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,223,474 |
Total assets | $2,461,949 |
Accounts payable and accrued expenses | $1,383,728 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $227,320 |
Other liabilities | $5,921,196 |
Total liabilities | $7,532,244 |
Net assets without donor restrictions | -$5,070,295 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,461,949 |
Over the last fiscal year, we have identified 1 grants that Northeast Ohio College Preparatory School has recieved totaling $59,060.
Awarding Organization | Amount |
---|---|
Shoes And Clothes For Kids Inc Cleveland, OH PURPOSE: TO IMPROVE K-8 ATTENDANCE BY ELIMINATING LACK OF CLOTHING, SHOES & SCHOOL SUPPLIES AS BARRIERS. | $59,060 |
Organization Name | Assets | Revenue |
---|---|---|
Belmont Charter School Philadelphia, PA | $6,922,339 | $21,008,354 |
Propel Charter School Sunrise Pittsburgh, PA | $9,914,076 | $19,454,226 |
West Oak Lane Charter School Philadelphia, PA | $9,484,536 | $17,633,515 |
Mast Community Charter School Iii Philadelphia, PA | $53,124,349 | $21,172,350 |
Mast Community Charter School Ii Philadelphia, PA | $15,675,168 | $22,231,273 |
Mastery Charter School - Harrity Elementary Philadelphia, PA | $9,434,703 | $16,430,234 |
Wissahickon Charter School Philadelphia, PA | $12,512,836 | $17,919,129 |
York Academy Regional Charter School York, PA | $5,602,450 | $14,555,024 |
Career Academy Of South Bend Inc South Bend, IN | $28,812,268 | $15,770,291 |
21st Century Charter School At Gary Inc Indianapolis, IN | $16,296,159 | $15,193,404 |
Avondale Meadows Academy Inc Indianapolis, IN | $23,354,036 | $14,362,990 |
Mastery Charter School - Smedley Elementary Philadelphia, PA | $9,574,548 | $16,285,850 |