Prospect Ridge Academy
Prospect Ridge Academy reported $26.6 million in revenue and $21.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $54.84 went to program services, $45.16 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: 72.5% of the total. Government grants made up 7.5%. The highest compensation it reported for one person was $175,898 (EXECUTIVE DI). 5 people received more than $100,000 in reportable compensation. Revenue rose 68% 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 $22MFor 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 $27MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 54.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 45.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 26.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 7.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 72.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $175,898 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.82% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 5 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -4.0 | 13.3 |
| 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 expenseHighest 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 |
|---|---|---|---|---|
| EXECUTIVE DI Key employee, 40.00 hrs/week | $175,898 | $0 | $0 | $175,898 |
| PRINCIPAL Key employee, 40.00 hrs/week | $153,948 | $0 | $0 | $153,948 |
| ATHLETIC DIR Highest compensated employee, 40.00 hrs/week | $119,039 | $0 | $0 | $119,039 |
| COMMUNICATIO Highest compensated employee, 40.00 hrs/week | $117,349 | $0 | $0 | $117,349 |
| DIRECTOR Highest compensated employee, 40.00 hrs/week | $107,463 | $0 | $0 | $107,463 |
5 people received more than $100,000 in reportable compensation from Prospect Ridge Academy (Part VII, line 2).
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–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- 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 5275
- Volunteers Part I, line 6441
Private foundation grants it received
4 private foundations reported grants to Prospect Ridge Academy totaling $5,583 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 Prospect Ridge 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 Prospect Ridge Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Prospect Ridge Academy spent in FY2025, $54.84 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Rochester Christian UniversityRochester Hills, MI · revenue $27M · programs 83.1% · FY2025
- New Designs Charter SchoolLos Angeles, CA · revenue $27M · programs 61.7% · FY2025
- American School of MilanItaly, · revenue $27M · programs 80.7% · FY2025
- Central Catholic High School of LawrenceLawrence, MA · revenue $27M · programs 75.8% · FY2025
- Eastern nazarene collegeQuincy, MA · revenue $27M · programs 64.3% · FY2024
Questions people ask
How much of Prospect Ridge Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Prospect Ridge Academy reported that 54.8% of its $21.6 million in expenses went to program services, 45.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Prospect Ridge Academy pay its top executive?
The largest total compensation Prospect Ridge Academy reported for one person in the fiscal year ending June 30, 2025 was $175,898, for the role of EXECUTIVE DI (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Prospect Ridge Academy get its money?
Of $26.6 million in revenue in the fiscal year ending June 30, 2025, 26.4% came from contributions and grants (including 7.5% from government grants) and 72.5% from program service revenue (Form 990, Part VIII).
Is Prospect Ridge Academy a registered charity?
The IRS lists EIN 27-2070094 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 202503389349301110 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202423469349300347 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410249349301476 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310379349301161 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202113269349300416 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100269349300345 · read the filing
All filings for EIN 27-2070094: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.