Welcome!

News Feed Item

Milwaukee College Prep Reaches Agreement to Acquire Young Leaders Academy

Will Establish Fourth Charter School in Milwaukee's Central City

MILWAUKEE, Feb. 4, 2014 /PRNewswire/ -- Milwaukee College Prep announced it has reached an agreement to acquire the YMCA Young Leaders Academy, located at 13th and North Avenue.  There it will add a fourth campus to its highly-regarded network of K-8 free, public, charter schools, which includes its flagship 36th St. Campus, Lloyd St. Campus (a four year old turn-around effort), and 38th St. Campus (a three year old start-up).

The new Milwaukee College Prep school will begin concurrent with the start of the 2014/2015 school year, ultimately enrolling 500 scholars at this campus and almost 2000 in total.  All classes and other operations at the Young Leaders Academy will continue until June 30, 2014.

This transaction was initiated when the YMCA Board of Directors, acting under its authority and responsibility, began a comprehensive review of various strategic options for the school over one year ago.  The YMCA Board came to the conclusion that the students and families currently served by the Young Leaders Academy will be better positioned for future and continued success as part of a broader network of established charter schools. The YMCA Board then began discussions with Milwaukee College Prep to achieve this vision.

Both Milwaukee College Prep and the Young Leaders Academy share a fundamental belief that each child has a right to a first class education, regardless of race, geography or income.   By aligning two like-minded and high-achieving schools, more student scholars will have the opportunity to engage in a learning environment committed to both academic success as well as positive character development.

"The Young Leaders Academy is an outstanding school, with exceptional staff and a fine facility," said Robert Rauh, Chief Education Officer of Milwaukee College Prep.  "We have long admired their high standards of academic achievement, as well as their commitment to teaching the whole student.  Milwaukee College Prep will honor that legacy by ensuring students continue to receive a top notch education in an uncompromising environment where they, not their demography, determine the extent of their success."

Milwaukee College Prep also announced that the current Young Leaders Academy principal, Michael Morgan, has agreed to serve as the principal of the new school in the coming academic year.  Enrollment for the 2014/2015 school year begins on March 1, with preferential treatment being given to the existing students of current Young Leaders Academy and Milwaukee College Prep students.

The Young Leaders Academy was established in 2002 by the YMCA of Metropolitan Milwaukee.  Commenting on the transaction, Julie Tolan, President and Chief Executive Officer of the YMCA of Metropolitan Milwaukee, said: "The Young Leaders Academy's long-stated goal is to become a top charter school in the city of Milwaukee.  By aligning with Milwaukee College Prep, we have taken another major step towards achieving that goal.  Our students, staff and families will now have the extraordinary opportunity to become part of a broader, nationally-recognized community that truly lives up to the fundamental truth that all children are worthy and can learn."

Milwaukee College Prep is widely-viewed as a school of excellence. Milwaukee College Prep scholars make gains of approximately 1.5 academic grades in a single school year, and more than 94% of Milwaukee College Prep alumni have graduated from high school in four years.  Milwaukee College Prep has also welcomed more than 1,000 educators and administrators from across the city, state and to share best practices so that every child might receive a top notch education. 

"This is good news for families and students in our city. We all know that we need more high performing schools in our city. Milwaukee College Prep is clearly doing a great job with their students. This agreement will allow them to bring that quality to even more students, said Howard L. Fuller, Ph.D, Distinguished Professor of Education and Director of the Marquette University Institute for the Transformation of Learning. "Their focus on character in addition to academic excellence is at the heart of the mission of the YMCA. By moving away from operating a school, the YMCA will be able to focus on its core mission and as a former 'YMCA-kid' myself, I can attest to the positive impact the Y has on our youth and broader community for a very long time. I am pleased to see that they will continue their commitment to the community at the North Avenue location and the people who depend on the Y for the services it offers will be all the better for it."

The YMCA of Metropolitan Milwaukee operates 10 fitness and recreation centers throughout the Milwaukee area, including the Northside YMCA, which is adjacent to the Young Leaders Academy.  Until this transaction, the YMCA of Metropolitan Milwaukee was one of the only Y's in the nation to own a charter school.  Continuing its focus on healthy living, youth development and social responsibility, the YMCA has reached a long-term lease agreement with Milwaukee College Prep to allow the Y to continue operations of the Northside Y for at least the next 10 years.

The transaction will be finalized on June 30, 2014, subject to the completion of certain closing conditions.  At that time, Milwaukee College Prep will establish a new charter school under the authority of University of Wisconsin-Milwaukee.  

Contact:

Megan Hakes

414-788-6599

SOURCE Milwaukee College Prep

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and 21st International Cloud Expo, which will take place in November in Silicon Valley, California.
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In the first article of this three-part series on hybrid cloud security, we discussed the Shared Responsibility Model and examined how the most common attack strategies persist, are amplified, or are mitigated as assets move from data centers to the cloud. Today, we’ll look at some of the unique security challenges that are introduced by public cloud environments. While cloud computing delivers many operational, cost-saving and security benefits, it takes place in a public, shared and on-demand ...
In his session at @ThingsExpo, Sudarshan Krishnamurthi, a Senior Manager, Business Strategy, at Cisco Systems, will discuss how IT and operational technology (OT) work together, as opposed to being in separate siloes as once was traditional. Attendees will learn how to fully leverage the power of IoT in their organization by bringing the two sides together and bridging the communication gap. He will also look at what good leadership must entail in order to accomplish this, and how IT managers ca...