Charity Impact Media

Home › Education

Creo College Preparatory Charter School

Bronx, NY · EIN 83-1321432 · 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

Creo College Preparatory Charter School reported $11.7 million in revenue and $11.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.48 went to program services, $11.52 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: 71.1% of the total. Government grants made up 27.6%. The highest compensation it reported for one person was $192,797 (HEAD OF SCHOOL). 12 people received more than $100,000 in reportable compensation. Revenue rose 310% 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 $12M

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 $12M

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)
88.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
11.5%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
28.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
27.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
71.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$192,797$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.63%1.28%
People paid over $100,000
Part VII, line 2
128
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-0.713.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

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
$10M expenses · 100.0% of program spending · revenue $8.3M

Building knowledge, skills, and character, Creo College Preparatory Charter School educates students to thrive in college and to assume responsibility for identifying and solving problems in our community and our world

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
HEAD OF SCHOOL
Officer, 40.00 hrs/week
$174,100$0$18,697$192,797
CHIEF OF STAFF
Highest compensated employee, 40.00 hrs/week
$150,500$0$25,499$175,999
ASSISTANT PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$133,958$0$16,760$150,718
ASSISTANT PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$114,717$0$23,044$137,761
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$112,949$0$23,618$136,567
ELA INSTRUCTIONAL COACH
Highest compensated employee, 40.00 hrs/week
$116,780$0$15,188$131,968

12 people received more than $100,000 in reportable compensation from Creo College Preparatory Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $200K (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$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$12M88.5%−$700K$192,797
FY2024 ⓘ$11M$12M90.3%−$514K$178,302
FY2023 ⓘ$10M$11M87.1%−$194K$168,910
FY2022 ⓘ$7.4M$7.5M87.1%$451K$114,794
FY2021 ⓘ$4.7M$4.8M77.8%$582K$142,947
FY2020 ⓘ$2.8M$2.4M69.2%$705K$126,076

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 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 578
  • Volunteers Part I, line 67

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
RED RABBIT LLC
Food services
$430,937
LAVINA GROUP LLC
Consulting
$159,237
EDTEC INC
Financial mgmt services
$127,529
YMCA OF GREATER NEW YORK
Facility membership
$119,200
CHARTER SCHOOL BUSINESS MANAGEMENT
Financial mgmt services
$103,174

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Creo College Preparatory Charter School totaling $41,040 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 Creo College Preparatory Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Creo College Preparatory Charter School, 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 Creo College Preparatory Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, Creo College Preparatory Charter School reported that 88.5% of its $11.8 million in expenses went to program services, 11.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Creo College Preparatory Charter School pay its top executive?

The largest total compensation Creo College Preparatory Charter School reported for one person in the fiscal year ending June 30, 2025 was $192,797, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Creo College Preparatory Charter School get its money?

Of $11.7 million in revenue in the fiscal year ending June 30, 2025, 28.9% came from contributions and grants (including 27.6% from government grants) and 71.1% from program service revenue (Form 990, Part VIII).

Is Creo College Preparatory Charter School a registered charity?

The IRS lists EIN 83-1321432 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 202621319349305707 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510349349300641 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440819349300649 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349301355 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202230979349300113 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131319349301673 · read the filing

All filings for EIN 83-1321432: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.