Democracy Prep Public Schools

New York, NY · EIN 20-2629354 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Democracy Prep Public Schools reported $19.8 million in revenue and $19.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.31 went to program services, $12.69 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.4% of the total. The highest compensation it reported for one person was $477,504 (CEO THRU 06/30/25). 30 people received more than $100,000 in reportable compensation. Revenue fell 0% 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 $20M

Program services$87.31 $17M
Management & general$12.69 $2.5M
Fundraising$0.00 $0

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 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 $20M

Contributions & grants (non-government)$11.52 $2.3M
Program service revenue$87.39 $17M
Investment income$1.07 $213K
Other revenue$0.02 $3,122

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	87.3%	78.5%
Management & general Part IX 25(C) ÷ 25(A)	12.7%	13.6%
Fundraising Part IX 25(D) ÷ 25(A)	0.0%	6.0%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.00	$0.10
Contributions & grants share of revenue Part VIII 1h ÷ 12	11.5%	57.5%
Government grants share of revenue Part VIII 1e ÷ 12	0.0%	1.7%
Program service revenue share Part VIII 2g ÷ 12	87.4%	20.8%
Highest reported compensation Part VII-A, columns D–F	$477,504	$385,706
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	2.43%	2.03%
People paid over $100,000 Part VII, line 2	30	8
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	10.6	36.6
Independent voting board members Part VI 1a–1b	7 of 7	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 expense

$17M expenses · 100.0% of program spending · grants $2.2M · revenue $17M

The organization operates as a charter management organization providing educational services, management operations and fundraising activities for the following charter schools: Democracy Prep new york charter schools, Democracy Prep baton rouge, Democracy Prep agassi campus, and Democracy Prep texas. Democracy Prep charter schools educate responsible citizen-scholars for success in the college of their choice and for lives of active citizenship.in close partnership with families, we empower young people with the skills and values to flourish as community leaders who will strengthen our…

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
CEO THRU 06/30/25 Officer, 65.00 hrs/week	$410,015	$0	$67,489	$477,504
CHIEF FINANCIAL OFFICER Officer, 65.00 hrs/week	$284,596	$0	$14,667	$299,263
CHIEF STRATEGY OFFICER Officer, 65.00 hrs/week	$219,721	$0	$51,434	$271,155
CHIEF OPERATING OFFICER Officer, 65.00 hrs/week	$210,869	$0	$43,401	$254,270
CHIEF PEOPLE OFFICER Officer, 65.00 hrs/week	$201,257	$0	$38,480	$239,737
VP OF PEOPLE EXP. THRU 06/24/25 Key employee, 65.00 hrs/week	$169,664	$0	$31,806	$201,470
CHIEF PROGRAM OFFICER Officer, 65.00 hrs/week	$166,243	$0	$18,958	$185,201
VP OF ACADEMICS THRU 11/15/24 Key employee, 65.00 hrs/week	$166,004	$0	$17,601	$183,605

30 people received more than $100,000 in reportable compensation from Democracy Prep Public Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$20M	$20M	87.3%	$17M	$477,504
FY2024 ⓘ	$26M	$17M	88.8%	$18M	$398,111
FY2023 ⓘ	$27M	$22M	89.3%	$9.5M	$407,528
FY2022 ⓘ	$21M	$21M	85.4%	$5.2M	$438,187
FY2021 ⓘ	$22M	$18M	85.9%	$5.6M	$314,296
FY2020 ⓘ	$20M	$18M	88.2%	$890K	$309,674

Governance 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–1b7 · 7 independent
Audited financial statements Part XII 2bNo
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 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 5169
Volunteers Part I, line 67

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

ADTRAV TRAVEL MANAGEMENT Travel consultant	$280,105
SUMMIT FACILITY SOLUTIONS INC Cleaning services	$267,950
CHARTER SCHOOL BUSINESS MANAGEMENTFORES Financial consulting	$222,357
PKF O'CONNOR DAVIES LLP Auditing services	$155,850
HOGAN LOVELLS US LLP Legal services	$141,690

Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.

Private foundation grants it received

5 private foundations reported grants to Democracy Prep Public Schools totaling $1.6M 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 Democracy Prep Public 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 Public Schools, you can publish a response that is linked from this page.

Report a correction Respond as Democracy Prep Public Schools How this works

Similar-sized charities in this cause

Hillwood Estate Museum & Gardens
Washington, DC · revenue $20M · programs 72.7% · 2025
Wang Theatre
Boston, MA · revenue $20M · programs 94.5% · FY2025
Grand Rapids Public Museum
Grand Rapids, MI · revenue $20M · programs 75.5% · FY2025
Brothers for Life
Seattle, WA · revenue $20M · programs 94.7% · 2024
Milwaukee Symphony Orchestra
Milwaukee, WI · revenue $20M · programs 77.8% · FY2025

All arts, culture & humanities charities · Largest charities in New York

Questions people ask

How much of Democracy Prep Public Schools's spending goes to programs?

In the fiscal year ending June 30, 2025, Democracy Prep Public Schools reported that 87.3% of its $19.6 million in expenses went to program services, 12.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Democracy Prep Public Schools pay its top executive?

The largest total compensation Democracy Prep Public Schools reported for one person in the fiscal year ending June 30, 2025 was $477,504, for the role of CEO THRU 06/30/25 (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Democracy Prep Public Schools get its money?

Of $19.8 million in revenue in the fiscal year ending June 30, 2025, 11.5% came from contributions and grants and 87.4% from program service revenue (Form 990, Part VIII).

Is Democracy Prep Public Schools a registered charity?

The IRS lists EIN 20-2629354 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202601369349300305 · read the filing · XML
FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511369349301506 · read the filing
FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411379349301401 · read the filing
FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349320118 · read the filing
FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349317515 · read the filing
FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349309846 · read the filing

All filings for EIN 20-2629354: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.