Milwaukee College Prep
Milwaukee College Prep
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About this organization
Mission
Our mission statement is 'Knowledge plus character pave the road to college and beyond.' This belief, based on Dr. Martin Luther King Jr.'s charge that 'Intelligence plus character--that is the goal of true education,' informs everything from daily classroom interactions between teachers and scholars, to administrative decisions about curriculum and programming. In 1997, Milwaukee College Prep opened as a rigorous K4-4th grade school in a city that sorely needed high performing schools. Today, responding to the continued urgent need for uncompromising schools, we have grown to a four-campus network with schools deliberately situated in Milwaukee's most under-served neighborhoods, educating nearly 2,000 children. While we have a few scholars who live outside Milwaukee, the vast majority represent virtually every zip code within the city of Milwaukee, pulling primarily from Milwaukee's poorest zip codes. 98% are African-American, and 83% are eligible to receive free or reduced lunch, a commonly used measure of economic hardship.
About
To provide a quality, multi-cultural education in an integrated school environment.
Interesting data from their 2020 990 filing
The filing specifies the mission of the non-profit as “See schedule o”.
When explaining its duties, they were described as: “Our mission is to provide knowledge plus character in order to pave the road to college and beyond. we absolutely believe that an uncompromising k thru 8 education is the difference between dreams realized and dreams denied.”.
- The state in which the non-profit is authorized to operate legally is WI.
- According to the filing, the address of the non-profit for the year 2020 is 1228 W LLOYD STREET, MILWAUKEE, WI, 53205.
- The non-profit has reported 372 employees on their form for the year 2020.
- Does not operate a hospital.
- Operates a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,060,629.
- The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 17 independent voting members.
- The organization was formed in 1997.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $19,395,525 in salary, compensation, and benefits to its employees.
- The organization pays $188,174 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.