Overview

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Est.

2002

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Urban Prep Academies is a nonprofit organization dedicated to providing a comprehensive, high-quality college preparatory education through a network of public charter college prep high schools, with a focus on secondary education. With an operating budget of $7 million and total revenue of $6.5 million for the 2024 filing year, the organization is supported by multiple significant funders, none of which contribute 50% or more of its revenue. While specific geographic locations are not provided, Urban Prep Academies aims to ensure that its graduates succeed in college.

Mission Statement

To provide a comprehensive, high quality, college preparatory education that results in graduates succeeding in college. The operation of a network of public Charter College Prep High Schools.
Revenues
$6.5M
Expenses
$7M
Net Income:
-$486.4K
Assets
$1.4M
Liabilities
$2.4M
Net Assets:
-$1M
Operating Budget
$7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$5.5K
Largest grant received
$50K
P
Pamela Johnson
Board Member
K
Khoury Cooper
Board Member
N
Nigel Bruce
Board Member

Frequently Asked Questions

What is Urban Prep Academies’s budget?
In 2024, Urban Prep Academies reported an annual operating budget of around $7 million. More detailed financial information is available to registered users.
What causes does Urban Prep Academies support?
Urban Prep Academies supports work in Secondary education and Elementary and secondary education.
Where does Urban Prep Academies operate?
Urban Prep Academies is headquartered in Chicago, IL.
Who funded Urban Prep Academies recently?
In 2024, Urban Prep Academies received grants from QUEST FOUNDATION, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and THE AYCO CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Urban Prep Academies received in 2024?
The largest grant to Urban Prep Academies in 2024 exceeds $50 thousand.
What is Urban Prep Academies’s reliance on government grants?
Urban Prep Academies relied on government grants for more than 95% of their total revenue in 2024.