Overview

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Est.

2007

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PROSPECT SCHOOLS INC is a charter school education nonprofit that provides comprehensive management services to Brooklyn Prospect Charter School and raises funds in support of the school. With a 2025 operating budget of $10.6M and total revenue of $12M, its largest listed funders include CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND at $2.9M (2024), THE PETER AND CARMEN LUCIA BUCK FOUNDATION INC at $1.8M (2020), and Walton Family Foundation Inc at $1.7M (2023).

Mission Statement

TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES TO BROOKLYN PROSPECT CHARTER SCHOOL AND TO RAISE FUNDS IN SUPPORT OF THE SCHOOL.
Revenues
$10.7M
Expenses
$11.2M
Net Income:
-$572.1K
Assets
$5.2M
Liabilities
$3.8M
Net Assets:
+$1.3M
Operating Budget
$10.4M
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
12
Median grant size
$7.3K
Largest grant received
$700K
S
Stephen Bailey
Board Member
K
Kate Walker
Board Member
A
Ahmed Haque
Board Member
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  • 24 funders
  • 29 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is PROSPECT SCHOOLS INC’s budget?
In 2024, PROSPECT SCHOOLS INC reported an annual operating budget of around $10.4 million. More detailed financial information is available to registered users.
What causes does PROSPECT SCHOOLS INC support?
PROSPECT SCHOOLS INC supports work in Charter school education and Education.
Where does PROSPECT SCHOOLS INC operate?
PROSPECT SCHOOLS INC is headquartered in BROOKLYN, NY.
Who funded PROSPECT SCHOOLS INC recently?
In 2025, PROSPECT SCHOOLS INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, GOLDBERG KOHN FOUNDATION, and CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND. More information on this organization’s funders is available to registered users.
What is the largest grant PROSPECT SCHOOLS INC received in 2024?
The largest grant to PROSPECT SCHOOLS INC in 2024 exceeds $700 thousand.
What is PROSPECT SCHOOLS INC’s reliance on government grants?
PROSPECT SCHOOLS INC relied on government grants for more than 10% of their total revenue in 2024.