Democracy Prep New York Charter Schools
Democracy Prep New York Charter Schools reported $92.1 million in revenue and $89.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.04 went to program services, $10.32 to management and general costs and $0.64 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.6% of the total. The highest compensation it reported for one person was $252,164 (REGIONAL SUPERINTENDENT). 55 people received more than $100,000 in reportable compensation. Revenue rose 14% 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 $90MFor 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 $92MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.09 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 6.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 91.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $252,164 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.28% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 55 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.2 | 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 expenseThe school is dedicated to providing a high quality college preparatory education to primarily disadvantaged students. The school provided education to approximately 3,603 students in grades kindergarten through twelfth during the 2024-2025 academic year, and the pre-kindergarten program provided education to 69 students during the 2024-2025 academic year
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 |
|---|---|---|---|---|
| REGIONAL SUPERINTENDENT Key employee, 40.00 hrs/week | $202,875 | $0 | $49,289 | $252,164 |
| PRINCIPAL Key employee, 40.00 hrs/week | $178,088 | $0 | $53,055 | $231,143 |
| MANAGING DIRECTOR Key employee, 40.00 hrs/week | $182,335 | $0 | $21,923 | $204,258 |
| MANAGING DIRECTOR Key employee, 40.00 hrs/week | $195,525 | $0 | $4,441 | $199,966 |
| DEPUTY SUPERINTENDENT Key employee, 40.00 hrs/week | $185,291 | $0 | $7,637 | $192,928 |
| PRINCIPAL Key employee, 40.00 hrs/week | $155,258 | $0 | $24,661 | $179,919 |
| PRINCIPAL Key employee, 40.00 hrs/week | $154,624 | $0 | $15,332 | $169,956 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $146,569 | $0 | $23,166 | $169,735 |
55 people received more than $100,000 in reportable compensation from Democracy Prep New York Charter Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (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 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- 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 5688
- Volunteers Part I, line 615
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| DEMOCRACY PREP PUBLIC SCHOOLS INC Charter management | $15,809,505 |
| HVAC CONSTRUCTION INC Construction services | $1,922,470 |
| JOFFE EMERGENCY SERVICES School security | $1,737,609 |
| SUMMIT FACILITY SOLUTIONS INC Building maintenance | $1,666,340 |
| KOKUA EDUCATION INC Substitute teacher staffing | $1,018,516 |
Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Democracy Prep New York Charter Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Democracy Prep New York Charter Schools, you can publish a response that is linked from this page.
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Of every $100 Democracy Prep New York Charter Schools spent in FY2025, $89.04 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Dominican University of CaliforniaSan Rafael, CA · revenue $92M · programs 82.7% · FY2025
- The Lovett SchoolAtlanta, GA · revenue $92M · programs 82.1% · FY2025
- Queens University of CharlotteCharlotte, NC · revenue $92M · programs 77.4% · FY2024
- The Villages Charter SchoolMiddleton, FL · revenue $92M · programs 97.1% · FY2025
- The Seattle Academy of Arts & SciencesSeattle, WA · revenue $92M · programs 83.7% · FY2025
Questions people ask
How much of Democracy Prep New York Charter Schools's spending goes to programs?
In the fiscal year ending June 30, 2025, Democracy Prep New York Charter Schools reported that 89.0% of its $89.8 million in expenses went to program services, 10.3% to management and general and 0.6% to fundraising (Form 990, Part IX).
How much does Democracy Prep New York Charter Schools pay its top executive?
The largest total compensation Democracy Prep New York Charter Schools reported for one person in the fiscal year ending June 30, 2025 was $252,164, for the role of REGIONAL SUPERINTENDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Democracy Prep New York Charter Schools get its money?
Of $92.1 million in revenue in the fiscal year ending June 30, 2025, 6.8% came from contributions and grants (including 4.6% from government grants) and 91.6% from program service revenue (Form 990, Part VIII).
Is Democracy Prep New York Charter Schools a registered charity?
The IRS lists EIN 06-1581474 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 202641369349300304 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349317757 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431379349300713 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349320221 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349316995 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349310241 · read the filing
All filings for EIN 06-1581474: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.