Buffalo Prep Inc

What it reported doing in 2024

Prep scholars academyprep scholars academy (psa) is a neighborhood-based culturally relevant academic program designed to help scholars excel throughout middle school and prepare them for high school. This exciting, engaging, and active learning program strives to help scholars transition into and complete high school by providing academic preparation, as well as scholar and family support. Psa takes place in the heart of the west side at d'youville university; it gives preference to hispanic/latino scholars and offers bilingual instruction.alumni prep final: alumni prep supports buffalo prep graduates as they navigate their post-secondary journey and career placement. It provides access to career exploration and development services, leadership and enrichment workshops, scholarship assistance, social-emotional support, and networking and mentoring opportunities.readireadi program is an internationally recognized series of interactive workshops, trainings, and presentations to promote education and racial equity throughout our community.scholarshipsfor scholars in college to be used towards their tuition, books, rent, and technology to help them be successful in college. Fuel fund program used for non tuition items for scholars in high schools such as senior fees, athletic fees, prom tickets, class rings, etc.capital projects funds used toward building enhancements, furniture, fixtures, technology needs outside of operating costscollege prep college prep is a comprehensive program designed to assist eligible 9th-12th grade scholars to thrive academically and socially-emotionally as they navigate high school and prepare for their post-secondary journey. Through this culturally relevant program, scholars have access to tutorial services, academic skills coaching, college and financial aid advisement, enrichment activities, and socio-emotional support throughout high school.

Financial Efficiency

• Mission deployment rate: 73.6%; rating input score 74
• Program expense ratio: 80%; rating input score 80
• Fundraising efficiency: $8.67 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 8.7%; rating input score 60; 60th percentile among comparable filings
• Total-asset coverage ratio: 2.82; rating input score 72; 72nd percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 83; 83rd percentile among comparable filings
• Officer compensation ratio: 11.4%; rating input score 26; 26th percentile among comparable filings

Growth

• Program expense growth: 9.2% per year; rating input score 100; 61st percentile among comparable filings
• Revenue growth: 8.4% per year; rating input score 100; 62nd percentile among comparable filings
• Asset growth: 14.1% per year; rating input score 100; 72nd percentile among comparable filings