DC Preparatory Academy
DC Preparatory Academy reported $80.7 million in revenue and $66.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.96 went to program services, $15.37 to management and general costs and $0.67 to fundraising. Its largest source of revenue was contributions and grants: 84.7% of the total. Government grants made up 81.2%. The highest compensation it reported for one person was $280,238 (CHIEF EXECUTIVE OFFICER). 118 people received more than $100,000 in reportable compensation. Revenue rose 64% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $66MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $81MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 84.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 81.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $280,238 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.42% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 118 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 10.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 15 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseAt dc prep, our vision is that every child will be prepared academically and socially for a successful future. We have big dreams for our students and make those dreams a reality through daily effort, focus, and support of one another and our students and families. Dc prep currently operates six tuition-free public charter schools that are open to any child in washington, enrolling more than 2,100 students in grades preschool through 8th grade. Historically, 89% of dc prep students are african-american and 8% are hispanic; over 65% of students are considered "at risk" because they are…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $265,659 | $0 | $14,579 | $280,238 |
| SENIOR ADVISOR Key employee, 40.00 hrs/week | $236,361 | $0 | $24,811 | $261,172 |
| COO & CFO Officer, 40.00 hrs/week | $237,654 | $0 | $20,706 | $258,360 |
| CHIEF ACADEMIC OFFICER Key employee, 40.00 hrs/week | $221,901 | $0 | $12,409 | $234,310 |
| CHIEF TALENT OFFICER Key employee, 40.00 hrs/week | $206,965 | $0 | $18,107 | $225,072 |
| CHIEF OF SCHOOL OPERATIONS Key employee, 40.00 hrs/week | $186,582 | $0 | $17,775 | $204,357 |
| MANAGING DIRECTOR OF SCHOOLS Highest compensated employee, 40.00 hrs/week | $170,905 | $0 | $16,280 | $187,185 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $167,020 | $0 | $16,104 | $183,124 |
118 people received more than $100,000 in reportable compensation from DC Preparatory Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5519
- Volunteers Part I, line 685
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| MCN BUILD Construction services | $17,402,900 |
| WHITSONS FOOD SERVICE (BRONX) CORP Student food services | $1,891,863 |
| END-TO-END SOLUTIONS FOR SPECIAL EDUCATI Special education services | $1,204,771 |
| PMM COMPANIES Janitorial and facilities management ser | $1,012,560 |
| SCOOT EDUCATION INC Substitute teacher services | $677,835 |
Individuals listed as contractors are left out. 20 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to DC Preparatory Academy totaling $48,906 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from DC Preparatory Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for DC Preparatory Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 DC Preparatory Academy spent in FY2025, $83.96 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Loomis InstituteWindsor, CT · revenue $80M · programs 78.5% · FY2025
- Unidel FoundationGreenville, DE · revenue $81M · programs 88.2% · 2025
- Emory & Henry UniversityEmory, VA · revenue $80M · programs 86.6% · FY2025
- Weizmann Chairs and Scholarships EndowmentNew York, NY · revenue $81M · programs 99.4% · FY2025
- Gilman SchoolBaltimore, MD · revenue $80M · programs 72.6% · FY2025
All education charities · Largest charities in District of Columbia
Questions people ask
How much of DC Preparatory Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, DC Preparatory Academy reported that 84.0% of its $66.2 million in expenses went to program services, 15.4% to management and general and 0.7% to fundraising (Form 990, Part IX).
How much does DC Preparatory Academy pay its top executive?
The largest total compensation DC Preparatory Academy reported for one person in the fiscal year ending June 30, 2025 was $280,238, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does DC Preparatory Academy get its money?
Of $80.7 million in revenue in the fiscal year ending June 30, 2025, 84.7% came from contributions and grants (including 81.2% from government grants) and 2.4% from program service revenue (Form 990, Part VIII).
Is DC Preparatory Academy a registered charity?
The IRS lists EIN 02-0550253 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621319349302962 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511269349301541 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349316897 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349310477 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201319349304075 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131269349301148 · read the filing
All filings for EIN 02-0550253: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.