Anthem Preparatory Academy
Also known as Co Great Hearts Academies
Anthem Preparatory Academy reported $11.9 million in revenue and $11.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.89 went to program services, $12.53 to management and general costs and $0.58 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.4% of the total. The highest compensation it reported for one person was $154,531 (SENIOR HEADM). Revenue rose 66% 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 $12MFor 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 $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.5% | 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 | $0.08 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 3.1% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $154,531 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.31% | 1.28% |
| People paid over $100,000 Part VII, line 2 | Not reported | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 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 expenseAn Anthem Preparatory Academy education prepares students to be more than just proficient test takers, but rather, to become great-hearted leaders capable of success throughout their higher education and professional careers. With a curriculum built upon a classical liberal arts tradition and a revolutionary approach to school itself, great hearts cultivates the hearts and minds of students in the pursuit of truth, goodness, and beauty
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here6 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–1b4 · 4 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 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 50
- Volunteers Part I, line 6450
Private foundation grants it received
3 private foundations reported grants to Anthem Preparatory Academy totaling $4,668 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 Anthem 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 Anthem Preparatory Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Anthem Preparatory Academy spent in FY2025, $86.89 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Baden Academy Charter SchoolBaden, PA · revenue $12M · programs 65.7% · FY2025
- Saint George's SchoolSpokane, WA · revenue $12M · programs 92.8% · FY2025
- Universal Academy of FloridaTampa, FL · revenue $12M · programs 76.1% · FY2025
- Mater Dei SchoolBethesda, MD · revenue $12M · programs 69.6% · FY2025
- The Hill School Corporation of MiddleburgMiddleburg, VA · revenue $12M · programs 67.8% · FY2025
Questions people ask
How much of Anthem Preparatory Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Anthem Preparatory Academy reported that 86.9% of its $11.8 million in expenses went to program services, 12.5% to management and general and 0.6% to fundraising (Form 990, Part IX).
How much does Anthem Preparatory Academy pay its top executive?
The largest total compensation Anthem Preparatory Academy reported for one person in the fiscal year ending June 30, 2025 was $154,531, for the role of SENIOR HEADM (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Anthem Preparatory Academy get its money?
Of $11.9 million in revenue in the fiscal year ending June 30, 2025, 7.4% came from contributions and grants (including 3.1% from government grants) and 86.4% from program service revenue (Form 990, Part VIII).
Is Anthem Preparatory Academy a registered charity?
The IRS lists EIN 27-0375682 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 202600729349300400 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521289349302042 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421359349313972 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301309349303425 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349313620 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131369349300513 · read the filing
All filings for EIN 27-0375682: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.