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McPreparatory School of Wisconsin

Milwaukee, WI · EIN 39-1881295 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

McPreparatory School of Wisconsin reported $31.1 million in revenue and $32.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.85 went to program services, $6.48 to management and general costs and $1.67 to fundraising. Its largest source of revenue was contributions and grants: 96.8% of the total. Government grants made up 87.6%. The highest compensation it reported for one person was $189,300 (CEO). 6 people received more than $100,000 in reportable compensation. Revenue rose 21% 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 $32M

For 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 $31M

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

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
87.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$189,300$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.59%1.28%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.713.3
Independent voting board members
Part VI 1a–1b
15 of 15100.0%

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
$29M expenses · 100.0% of program spending · grants $32,000 · revenue $286K

To provide a quality, multi-cultural education in an integrated school environment

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$173,592$0$15,708$189,300
CHIEF OF STA
Highest compensated employee, 40.00 hrs/week
$136,832$0$8,316$145,148
CHIEF MKTNG
Highest compensated employee, 40.00 hrs/week
$130,504$0$14,399$144,903
CHIEF PEOPLE
Highest compensated employee, 40.00 hrs/week
$127,748$0$14,392$142,140
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$107,243$0$14,358$121,601
SPED DIRECTO
Highest compensated employee, 40.00 hrs/week
$109,452$0$8,255$117,707

6 people received more than $100,000 in reportable compensation from McPreparatory School of Wisconsin (Part VII, line 2). Compensation of current officers, directors and key employees totaled $194K (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
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$31M$32M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$31M$32M91.8%$31M$189,300
FY2024 ⓘ$37M$32M91.1%$32M$182,545
FY2023 ⓘ$31M$32M91.6%$28M$202,250
FY2022 ⓘ$29M$29M91.3%$29M$202,250
FY2021 ⓘ$25M$26M90.6%$30M$196,517
FY2020 ⓘ$26M$24M91.3%$30M$201,690

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–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 5447
  • Volunteers Part I, line 68

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
JM BRENNAN INC
Maintenance svc
$272,988
COVERALL NORTH AMERICA
Cleaning
$225,536
PAYCOM PAYROLL LLC
Payroll svc
$173,461
COMBO GUARD SECURITY LLC
Security svcs
$156,097
SKYROCKET TRAINING INC
Prof. Develop.
$155,499

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to McPreparatory School of Wisconsin totaling $2,500 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 McPreparatory School of Wisconsin's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for McPreparatory School of Wisconsin, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Wisconsin

Questions people ask

How much of McPreparatory School of Wisconsin's spending goes to programs?

In the fiscal year ending June 30, 2025, McPreparatory School of Wisconsin reported that 91.8% of its $32.0 million in expenses went to program services, 6.5% to management and general and 1.7% to fundraising (Form 990, Part IX).

How much does McPreparatory School of Wisconsin pay its top executive?

The largest total compensation McPreparatory School of Wisconsin reported for one person in the fiscal year ending June 30, 2025 was $189,300, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does McPreparatory School of Wisconsin get its money?

Of $31.1 million in revenue in the fiscal year ending June 30, 2025, 96.8% came from contributions and grants (including 87.6% from government grants) and 0.9% from program service revenue (Form 990, Part VIII).

Is McPreparatory School of Wisconsin a registered charity?

The IRS lists EIN 39-1881295 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 202611339349306931 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349303635 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431349349308433 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341219349302259 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231339349309523 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141069349301259 · read the filing

All filings for EIN 39-1881295: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.