Northeast Ohio College Preparatory School
- Assets
- $4.3m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 09/2014
- Data as of
- 06/2023
- EIN
- 27-1465411
Organization Overview
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 06/2023, Northeast Ohio College Preparatory School generated $8.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $7.3m during the year ending 06/2023. 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
2023
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mandisa Lewis Board Member | Trustee | 1 | $1,160 |
Sonya Boyd Board Member | Trustee | 1 | $1,160 |
Rodney Lewis Board Member | Trustee | 1 | $1,160 |
Karen Lewis Board Member | Trustee | 1 | $928 |
Aaron Berg Board Member | Trustee | 1 | $696 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edblox Inc Student Support Services | 6/29/23 | $136,800 |
St John Cantius Church Utilities | 6/29/23 | $205,196 |
Accel Schools Llc Management Services | 6/29/23 | $2,249,658 |
Arlenes Cuisine Student Food Service | 6/29/23 | $328,231 |
Hogan Transportation Student Transportation | 6/29/23 | $198,317 |
Financial Statements
| 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 | $8,872,455 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,872,455 |
| 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 | $8,872,455 |
| 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 | $2,381,784 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $333,864 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,380,647 |
| Fees for services: Legal | $36,000 |
| Fees for services: Accounting | $37,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,004,428 |
| Advertising and promotion | $88,570 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $848,429 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $169,043 |
| Insurance | $26,894 |
| All other expenses | $24,621 |
| Total functional expenses | $7,310,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,143,651 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $387,392 |
| Accounts receivable, net | $452,242 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $333,396 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,970,389 |
| Total assets | $4,287,070 |
| Accounts payable and accrued expenses | $482,070 |
| 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 | $0 |
| Other liabilities | $5,516,901 |
| Total liabilities | $5,998,971 |
| Net assets without donor restrictions | -$1,711,901 |
| 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 | $4,287,070 |