ACHIEVEMENT PREPARATORY ACADEMY PUBLIC CHARTER SCHOOL

ACHIEVEMENT PREPARATORY ACADEMY PUBLIC CHARTER SCHOOL

WASHINGTON, DC, US
501(c)(3)
EIN
20-8156566
School

ACHIEVEMENT PREPARATORY ACADEMY PUBLIC CHARTER SCHOOL

WASHINGTON, DC, US
501(c)(3)
EIN
20-8156566
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$20,239,884

Government Grants
55%
Program Services
38%
Other
6%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$13,265,358

Salaries & Benefits
35%
Fees to Service Providers
22%
Interest
14%
Other
12%
Depreciation
9%
Offices, Occupancy & IT
8%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$783
$509
-35%
Government Grants
$2,411,456
$11,099,119
+360%
Fundraising Events
$0
$0
-
Program Services
$5,222,458
$7,748,290
+48%
Membership Dues
$0
$0
-
Investments
$97,797
$159,644
+63%
Other
$1,097,596
$1,232,322
+12%
Total Revenues
$8,830,090
$20,239,884
+129%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,118,155
$4,667,432
+50%
Fees to Service Providers
$2,216,531
$2,961,373
+34%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$905,998
$1,004,780
+11%
Interest
$1,438,541
$1,884,342
+31%
Depreciation
$1,253,635
$1,206,503
-4%
Other
$1,285,521
$1,540,928
+20%
Total Expenses
$10,218,381
$13,265,358
+30%
Net income
2023
2024
Change
Net income
-$1,388,291
+$6,974,526
-602%
Functional Expenses
Summary
2023
2024
Change
Program
$8,024,402
$10,226,855
+27%
Admin
$2,193,979
$3,038,503
+38%
Fundraising
$0
$0
-
Total Expenses
$10,218,381
$13,265,358
+30%
Income Statement
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