Western Toledo Preparatory Academy
- Assets
- $568.6k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Toledo, OH
- Founding
- Data as of
- 06/2022
- EIN
- 85-4242322
Organization Overview
Western Toledo Preparatory Academy is located in Toledo, OH. 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. Western Toledo Preparatory Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AT WESTERN TOLEDO PREPARATORY ACADEMY, OUR MISSION IS TO DEVELOP THE NEXT GENERATION OF STUDENT ATHLETES. OUR ACADEMIC AND ATHLETIC PROGRAMS TEACH STUDENTS HOW TO COMPETE AND EXCEL IN COMPETITIVE ENVIRONMENTS INCLUDING MINDSET, MOTIVATION, TEAMWORK & TOUGHNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT WESTERN TOLEDO PREPARATORY ACADEMY, OUR MISSION TO DEVELOP THE NEXT GENERATION OF STUDENT ATHLETES. OUR ACADEMIC AND ATHLETIC PROGRAMS TEACH STUDENTS HOW TO COMPETE AND EXCEL IN COMPETITIVE ENVIRONMENTS. AS EARLY AS KINDERGARTEN, OUR STUDENTS LEARN THE FUNDAMENTALS OF HEALTHY COMPETITION INCLUDING MINDSET, MOTIVATION, TEAMWORK, AND TOUGHNESS. AS STUDENTS GROW AND DEVELOP THROUGH THE PROGRAM, THEY HAVE THE OPPORTUNITY TO CUSTOMIZE THEIR MENTAL AND PHYSICAL TRAINING PATH THROUGH SPECIAL TUTORING AND TEAM SPORTS. WE TEACH ACADEMICS LIKE WE COACH SPORTS-WITH COLLEGE IN MIND!
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacie Knapp Board Member | Trustee | 1 | $1,375 |
Robert Langford Board Member | Trustee | 1 | $1,250 |
Charles Allen Board Member | Trustee | 1 | $1,125 |
Timothy Monaco Board Member | Trustee | 1 | $1,000 |
Mary Alice Leister Board Member | Trustee | 1 | $625 |
Lori Bolone Board Member | Trustee | 1 | $375 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Accel Schools Inc Education Management | 6/29/22 | $551,905 |
Trinity Transportation Student Transportation | 6/29/22 | $127,721 |
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 | $2,357,104 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,357,104 |
| 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 | $2,357,104 |
| 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 | $568,487 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $95,796 |
| Payroll taxes | $0 |
| Fees for services: Management | $287,594 |
| Fees for services: Legal | $59,500 |
| Fees for services: Accounting | $21,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $244,260 |
| Advertising and promotion | $14,606 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $301,636 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,923 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,235 |
| Insurance | $13,188 |
| All other expenses | $24,457 |
| Total functional expenses | $2,170,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,154 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $174,363 |
| Accounts receivable, net | $0 |
| 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 | $3,027 |
| Net Land, buildings, and equipment | $225,309 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $73,781 |
| Total assets | $568,634 |
| Accounts payable and accrued expenses | $381,710 |
| 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 | $0 |
| Total liabilities | $381,710 |
| Net assets without donor restrictions | $186,924 |
| 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 | $568,634 |