Civic Intelligence

Preparatory Chapter School of Mathmatics Science Technology And

990 • Fiscal year 2018 • EIN 23-2954170

Jul 01, 2017 to Jun 30, 2018 • Filed on May 08, 2019

Organization ProfileN/A
1928 Point Breeze AvePhiladelphia, PA 19145

(215) 463-8503

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

3.18x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

8.52x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

1st percentile

-369%

Higher net margin than 1% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$108,776

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

58th percentile

3.3%

Faster asset growth than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-76%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$4,203,224

Up $135,575 (+3.3%) from 2017

Net Assets

Up

-$9,151,686

Up $358,228 (+3.8%) from 2017

Liabilities

Down

$13,354,910

Down $222,653 (-1.6%) from 2017

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin1st percentile

Revenue

Down

$1,567,013

Down $4,900,907 (-76%) from 2017

Expenses

Up

$7,349,147

Up $767,167 (+12%) from 2017

Net Income

Down

-$5,782,134

Down $5,668,074 (-4969%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$10M$0-$10MAssets 2011: $3,707,099Liabilities 2011: $882,849Net Assets 2011: $2,824,2502011Assets 2012: $3,133,093Liabilities 2012: $832,309Net Assets 2012: $2,300,7842012Assets 2013: $3,001,788Liabilities 2013: $1,113,499Net Assets 2013: $1,888,2892013Assets 2014: $2,476,819Liabilities 2014: $912,346Net Assets 2014: $1,564,4732014Assets 2015: $3,085,238Liabilities 2015: $11,996,176Net Assets 2015: -$8,910,9382015Assets 2016: $2,823,493Liabilities 2016: $12,204,212Net Assets 2016: -$9,380,7192016Assets 2017: $4,067,649Liabilities 2017: $13,577,563Net Assets 2017: -$9,509,9142017Assets 2018: $4,203,224Liabilities 2018: $13,354,910Net Assets 2018: -$9,151,6862018Assets 2019: $5,261,124Liabilities 2019: $11,875,349Net Assets 2019: -$6,614,2252019Assets 2020: $6,501,366Liabilities 2020: $10,456,880Net Assets 2020: -$3,955,5142020Assets 2021: $8,964,053Liabilities 2021: $9,639,288Net Assets 2021: -$675,2352021Assets 2022: $11,082,122Liabilities 2022: $8,326,177Net Assets 2022: $2,755,9452022Assets 2023: $13,174,621Liabilities 2023: $7,613,898Net Assets 2023: $5,560,7232023Assets 2024: $16,023,808Liabilities 2024: $7,200,084Net Assets 2024: $8,823,7242024

Highlighted filing

2018

Assets$4,203,224
Liabilities$13,354,910
Net Assets-$9,151,686
Open 2018 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0M-$10MRevenue 2011: $6,574,012Expenses 2011: $7,001,204Net Income 2011: -$427,1922011Revenue 2012: $6,241,006Expenses 2012: $6,747,568Net Income 2012: -$506,5622012Expenses 2013: $6,425,6872013Revenue 2014: $6,418,752Expenses 2014: $6,742,568Net Income 2014: -$323,8162014Revenue 2015: $6,399,348Expenses 2015: $6,998,371Net Income 2015: -$599,0232015Revenue 2016: $6,030,625Expenses 2016: $6,500,405Net Income 2016: -$469,7802016Revenue 2017: $6,467,920Expenses 2017: $6,581,980Net Income 2017: -$114,0602017Revenue 2018: $1,567,013Expenses 2018: $7,349,147Net Income 2018: -$5,782,1342018Revenue 2019: $8,088,017Expenses 2019: $5,550,556Net Income 2019: $2,537,4612019Revenue 2020: $8,889,759Expenses 2020: $6,231,048Net Income 2020: $2,658,7112020Revenue 2021: $10,114,968Expenses 2021: $6,834,689Net Income 2021: $3,280,2792021Revenue 2022: $11,236,766Expenses 2022: $7,805,586Net Income 2022: $3,431,1802022Revenue 2023: $11,328,139Expenses 2023: $8,523,361Net Income 2023: $2,804,7782023Revenue 2024: $12,808,356Expenses 2024: $9,545,355Net Income 2024: $3,263,0012024

Highlighted filing

2018

Revenue$1,567,013
Expenses$7,349,147
Net Income-$5,782,134
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 8, 2019
Return Version
2017v2.2
Gross Receipts
$1,567,013
Mission and Program Overview

Mission

Basic education for High School students

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$584,584$1,708,471▲ $1,123,887
Land, Buildings, and Equipment, Net$1,134,019$956,014▼ $178,005
Pd in Cap Srpls Land Bldg Eqp Fund$1,134,019$956,014▼ $178,005
Accounts Receivable$143,626$153,975▲ $10,349
Savings and Temporary Cash Investments$40,440$40,440→ $0
Prepaid Expenses and Deferred Charges$74,982$13,630▼ $61,352
Rtn Earn Endowment Incm Other Fnds$-10,643,933$-10,107,700▲ $536,233
Total Assets$4,067,649$4,203,224▲ $135,575
Other Assets Total$2,089,998$1,330,694▼ $759,304
Liabilities
Other Liabilities$12,948,970$12,607,837▼ $341,133
Accounts Payable and Accrued Expenses$622,656$719,340▲ $96,684
Deferred Revenue$5,937$27,733▲ $21,796
Total Liabilities$13,577,563$13,354,910▼ $222,653
Net Assets / Fund Balance
Total Net Assets Fund Balance$-9,509,914$-9,151,686▲ $358,228
Total Liabilities and Net Assets / Fund Balance$4,067,649$4,203,224▲ $135,575

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$115,050$1,308,781-
Leasehold Improvements$840,964$3,049,308-
Other Assets Org$1,330,694--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Chadwick AntonioCEOFT$108,776$108,776
Jo Ann MoorePrincipalFT$100,207$100,207

Board Members and Trustees

NameTitle
Michael GiangirodanoPresident
Frederic D MusilliVice President
Carmen SanchezCPAC Member
DANEE' WRIGHTCPAC Member
Tanya M PezanowskiCPAC Member
Hon Vincent MelchiorreMember
Jennifer MassenburgMember
Joseph CowgillMember
Ronald TyreeMember
Christine FormosaSecretary
Diane LucidiTreasurer
Joseph FranchittiTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Friends of Prep CharterRent1928 Point Breeze Ave, Philadelphia, PA 19145$210,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,565,021
Investment Income
$1,992
Other Revenue
$0
Change in Net Assets
$-5,782,134
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,005,838
Other Expenses$1,343,309
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,120,840$1,088,968$0$3,209,808
Other Employee Benefits$1,046,202$604,314$0$1,650,516
Pension Plan Contributions$480,794$289,748$0$770,542
Depreciation Depletion$0$291,472$0$291,472
Payroll Taxes$179,236$86,960$0$266,196
All Other Expenses$63,955$185,044$0$248,999
Other Expenses$0$217,475$0$217,475
Occupancy$0$211,000$0$211,000
Fees for Services Other$92,814$73,276$0$166,090
Current Officers, Directors, Trustees, and Key Employees$0$108,776$0$108,776
Fees for Services Accounting$0$53,025$0$53,025
Fees for Services Legal$0$42,900$0$42,900
Advertising$0$5,205$0$5,205
Travel$2,148$599$0$2,747
Total Functional Expenses$4,055,279$3,293,868$0$7,349,147
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Friends of Prep CharterLandlordRentalNo$210,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension & OPEB Liabilities$10,182,000
Deferred Inflows of Resources$2,220,399
Compensated Absenses Payable$205,438
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
The Preparatory Charter School
EIN
23-2954170
Phone
2154638503
Address
1928 Point Breeze Ave, Philadelphia, PA 19145

Signing Officer

Name
Frederic Musilli
Title
President
Phone
2154638503
Signed
2019-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Giangiordano
Formed
1998
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
83
Volunteers
0

Preparer

Firm
Anthony Repice
Address
2901 S 15TH ST, PHILADELPHIA, PA 19145-4916
Preparer
Anthony Repicecpa
Phone
2157557603
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“John badagliacco, employee of education first inc. Is related to joseph caruso, employee of charter school”

Pt VI, Line 7A

“Board members have the right to elect board members”

Pt VI, Line 7B

“Governing body approves board minutes”

Pt VI, Line 12C

“School requires officers and employees to disclose any conflict of interest”

Pt VI, Line 15A

“Board approves all employee salaries”

Pt VI, Line 15B

“Board approves all employee salaries”

Pt VI, Line 3

“School has entered into a service agreement with education first inc. To provide educational services and various administrative duties”

Pt VI, Line 11B

“BOARD REVIEWS FORM 990”

Pt XI

“Decrease in accumulated compensation absences”

Form 990, Part IX, Line 24E

“Food 2358. 1104. 1254. 0.”

Form 990, Part IX, Line 24E

“Printing 2444. 0. 2444. 0.”

Form 990, Part IX, Line 24E

“Communication 51610. 19813. 31797. 0.”

Form 990, Part IX, Line 24E

“Insurance 43768. 0. 43768. 0.”

Form 990, Part IX, Line 24E

“Student Activities 105781. 0. 105781. 0.”

Form 990, Part IX, Line 24E

“Utilities 43038. 43038. 0. 0.”

Raw XML AppendixShowing 400 of 519 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH FRANCHITTI
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4CPAC Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt13CPAC Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01567013
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01992
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04358089
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01134019
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0956014
IRS990/LandBldgEquipCostOrOtherBssAmt05314103
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Basic education for High School students
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-9509914
IRS990/NetAssetsOrFundBalancesEOYAmt0-9151686
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0211000
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt0211000
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02089998
IRS990/OtherAssetsTotalGrp/EOYAmt01330694
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0604314
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01046202
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01650516
IRS990/OtherExpensesGrp/Desc0Books & supplies
IRS990/OtherExpensesGrp/Desc1Equipment rental
IRS990/OtherExpensesGrp/Desc2Dues & fees
IRS990/OtherExpensesGrp/Desc3Repair & Maint
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019905
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14698
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210503
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3217475
IRS990/OtherExpensesGrp/ProgramServicesAmt064710
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt24580
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt084615
IRS990/OtherExpensesGrp/TotalAmt14698
IRS990/OtherExpensesGrp/TotalAmt215083
IRS990/OtherExpensesGrp/TotalAmt3217475
IRS990/OtherLiabilitiesGrp/BOYAmt012948970
IRS990/OtherLiabilitiesGrp/EOYAmt012607837
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01088968
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02120840
IRS990/OtherSalariesAndWagesGrp/TotalAmt03209808
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt086960
IRS990/PayrollTaxesGrp/ProgramServicesAmt0179236
IRS990/PayrollTaxesGrp/TotalAmt0266196
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01134019
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0956014
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0289748
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0480794
IRS990/PensionPlanContributionsGrp/TotalAmt0770542
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt074982
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013630
IRS990/PrincipalOfficerNm0MICHAEL GIANGIORDANO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Local Ed Source
IRS990/ProgramServiceRevenueGrp/Desc1State Source
IRS990/ProgramServiceRevenueGrp/Desc2Federal Source
IRS990/ProgramServiceRevenueGrp/Desc3Other Sources
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0630235
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1164337
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2600672
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3169777
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01172
IRS990/PYOtherExpensesAmt01160953
IRS990/PYProgramServiceRevenueAmt06466748
IRS990/PYRevenuesLessExpensesAmt0-114060
IRS990/PYSalariesCompEmpBnftPaidAmt05421027
IRS990/PYTotalExpensesAmt06581980
IRS990/PYTotalRevenueAmt06467920
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-5782134
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07248006
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-10643933
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-10107700
IRS990/SavingsAndTempCashInvstGrp/BOYAmt040440
IRS990/SavingsAndTempCashInvstGrp/EOYAmt040440
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0115050
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01308781
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01423831
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0840964
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03049308
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt03890272
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01330694
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflow of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0205438
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110182000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22220399
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Compensated Absenses Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Pension & OPEB Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows of Resources
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0956014
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01330694
IRS990ScheduleD/TotalLiabilityAmt012607837
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0FRIENDS OF PREP CHARTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Landlord

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,203,224
Liabilities
$13,354,910
Net assets
-$9,151,686
Revenue
$1,567,013
Expenses
$7,349,147
Net income
-$5,782,134
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.0$7.20$8.82$12.8$9.55$3.26
2023Detailed filing. Detailed filing data is available for this year.$13.2$7.61$5.56$11.3$8.52$2.80
2022Detailed filing. Detailed filing data is available for this year.$11.1$8.33$2.76$11.2$7.81$3.43
2021Detailed filing. Detailed filing data is available for this year.$8.96$9.64$0.68$10.1$6.83$3.28
2020Detailed filing. Detailed filing data is available for this year.$6.50$10.5$3.96$8.89$6.23$2.66
2019Detailed filing. Detailed filing data is available for this year.$5.26$11.9$6.61$8.09$5.55$2.54
2018Detailed filing. Detailed filing data is available for this year.$4.20$13.4$9.15$1.57$7.35$5.78
2017Detailed filing. Detailed filing data is available for this year.$4.07$13.6$9.51$6.47$6.58$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.82$12.2$9.38$6.03$6.50$0.47
2015Detailed filing. Detailed filing data is available for this year.$3.09$12.0$8.91$6.40$7.00$0.60
2014Detailed filing. Detailed filing data is available for this year.$2.48$0.91$1.56$6.42$6.74$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.00$1.11$1.89$6.43
2012Summary only. Only limited summary data is available for this year.$3.13$0.83$2.30$6.24$6.75$0.51
2011Summary only. Only limited summary data is available for this year.$3.71$0.88$2.82$6.57$7.00$0.43