Overview

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Est.

2012

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PURPOSE PREPARATORY ACADEMY INC is a secondary education nonprofit that serves kindergarten through grade five students through a rigorous curriculum, high-quality instruction, and positive character development aimed at preparing them for college. In filing year 2025, it reported an operating budget of $8.1 million and total revenue of $9.1 million, with major funders including SCARLETT FAMILY FOUNDATION, 50CAN INC, and CITY FUND.

Mission Statement

THROUGH RIGOROUS CURRICULUM, HIGH-QUALITY INSTRUCTION, AND POSITIVE CHARACTER DEVELOPMENT, PURPOSE PREPARATORY ACADEMY CHARTER SCHOOL ENSURES THAT ALL KNODERGARTEN THROUGH GRADE FIVE STUDENTS ACHIEVE THE ACADEMIC SKILLS, KNOWLEDGE, AND ETHICAL FOUNDATION TO BE SET ON THE PATH TO COLLEGE.
Revenues
$8.2M
Expenses
$7.5M
Net Income:
+$740.9K
Assets
$11.7M
Liabilities
$4M
Net Assets:
+$7.7M
Operating Budget
$7.5M
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
3
Median grant size
$280K
Largest grant received
$334K
R
Rohit Padmanabhan
Board Member
S
Sally Norton
Board Member
A
Amy Brown
Board Member
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  • 16 funders
  • 44 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is PURPOSE PREPARATORY ACADEMY INC’s budget?
In 2024, PURPOSE PREPARATORY ACADEMY INC reported an annual operating budget of around $7.5 million. More detailed financial information is available to registered users.
What causes does PURPOSE PREPARATORY ACADEMY INC support?
PURPOSE PREPARATORY ACADEMY INC supports work in Secondary education.
Where does PURPOSE PREPARATORY ACADEMY INC operate?
PURPOSE PREPARATORY ACADEMY INC is headquartered in Nashville, TN.
Who funded PURPOSE PREPARATORY ACADEMY INC recently?
In 2025, PURPOSE PREPARATORY ACADEMY INC received grants from SCARLETT FAMILY FOUNDATION, SCARLETT FAMILY FOUNDATION, and 50CAN INC. More information on this organization’s funders is available to registered users.
What is the largest grant PURPOSE PREPARATORY ACADEMY INC received in 2024?
The largest grant to PURPOSE PREPARATORY ACADEMY INC in 2024 exceeds $334 thousand.
What is PURPOSE PREPARATORY ACADEMY INC’s reliance on government grants?
PURPOSE PREPARATORY ACADEMY INC relied on government grants for more than 85% of their total revenue in 2024.