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Public Prep Charter School Academies

Bronx, NY · EIN 81-0650329 · 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

Public Prep Charter School Academies reported $43.2 million in revenue and $53.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.08 went to program services, $10.92 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: 72.8% of the total. Government grants made up 22.6%. The highest compensation it reported for one person was $203,617 (BP ES PRINCIPAL). 17 people received more than $100,000 in reportable compensation. Revenue fell 3% 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 $54M

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 $43M

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)
89.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.9%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
26.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
22.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
72.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$203,617$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.38%1.28%
People paid over $100,000
Part VII, line 2
178
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.413.3
Independent voting board members
Part VI 1a–1b
4 of 5100.0%

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
$46M expenses · 96.8% of program spending · revenue $30M

Expenditures towards implementation and operation of Public Charter schools in new york. Expenses cover: salaries and benefits for instructional and administrative employees, classroom and office supplies, recruitment of students and staff, extensive professional development, books, furniture, contracted educational services, information technologies, equipment rental and depreciation, insurance, legal expenses, consultants, local travel and miscellaneous expenses related to the successful operation of the schools

$1.5M expenses · 3.2% of program spending · revenue $1.2M

Expenditures towards implementation and operation of 2 pre-k programs in new york

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
BP ES PRINCIPAL
Key employee, 40.00 hrs/week
$169,534$0$34,083$203,617
GPBX - II PRINCIPAL
Key employee, 40.00 hrs/week
$174,796$0$9,204$184,000
DIRECTOR OF STUDENT SUPPORTS
Highest compensated employee, 40.00 hrs/week
$128,501$0$17,098$145,599
DIRECTOR OF ARTS AND PARTNERSHIPS
Highest compensated employee, 40.00 hrs/week
$126,957$0$7,409$134,366
SENIOR DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$117,052$0$16,611$133,663
ACADEMIC DIRECTOR
Highest compensated employee, 40.00 hrs/week
$121,584$0$11,833$133,417
DIRECTOR OF SFA
Highest compensated employee, 40.00 hrs/week
$122,167$0$10,673$132,840

17 people received more than $100,000 in reportable compensation from Public Prep Charter School Academies (Part VII, line 2). Compensation of current officers, directors and key employees totaled $390K (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$43M$54M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$43M$54M89.1%$15M$203,617
FY2024 ⓘ$50M$48M92.0%$26M$182,401
FY2023 ⓘ$53M$54M92.2%$24M$179,351
FY2022 ⓘ$53M$52M89.0%$25M$402,235
FY2021 ⓘ$53M$44M87.9%$23M$384,913
FY2020 ⓘ$44M$40M89.9%$14M$378,981

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–1b5 · 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 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 5479
  • Volunteers Part I, line 68

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
FRIENDS OF PUBLIC PREP ACADEMIES INC
Rent & building services
$5,959,132
PUBLIC PREPARATORY NETWORK INC
Management services
$2,664,883
RED RABBIT LLC
Food services
$644,387
KOKUA
Substitute teacher services
$559,600
CHARTER TECHNOLOGY SOLUTIONS
Technology support
$557,395

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Public Prep Charter School Academies's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Public Prep Charter School Academies, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Public Prep Charter School Academies's spending goes to programs?

In the fiscal year ending June 30, 2025, Public Prep Charter School Academies reported that 89.1% of its $53.7 million in expenses went to program services, 10.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Public Prep Charter School Academies pay its top executive?

The largest total compensation Public Prep Charter School Academies reported for one person in the fiscal year ending June 30, 2025 was $203,617, for the role of BP ES PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Public Prep Charter School Academies get its money?

Of $43.2 million in revenue in the fiscal year ending June 30, 2025, 26.2% came from contributions and grants (including 22.6% from government grants) and 72.8% from program service revenue (Form 990, Part VIII).

Is Public Prep Charter School Academies a registered charity?

The IRS lists EIN 81-0650329 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 202620969349301472 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521259349302652 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401319349302340 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349308086 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349308898 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100989349300405 · read the filing

All filings for EIN 81-0650329: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.