Overview

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Est.

2016

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

FRIENDS OF CHATTANOOGA PREP INC is a nonprofit organization dedicated to supporting single-sex educational policies and practices that enhance academic success among boys and young men. Operating with a budget of approximately $910.9K and total revenue of $943.1K, the organization sponsors a public charter school under the Tennessee Public Charter School Act of 2002. Currently, it does not rely on any single funder for 50% or more of its revenue.

Mission Statement

THE ORGANIZATION IS DEVOTED TO SUPPORTING SINGLE SEX EDUCATIONAL POLICIES, PRACTICES AND STRUCTURES THAT LEAD TO INCREASED ACADEMIC SUCCESS AMONG BOYS AND YOUNG MEN. SPECIFICALLY, THE ORGANIZATION WILL ACT AS THE SPONSOR OF A PUBLIC CHARTER SCHOOL (PREP PUBLIC SCHOOLS) CREATED PURSUANT TO THE TENNESSEE PUBLIC CHARTER SCHOOL ACT OF 2002.
Revenues
$943.1K
Expenses
$1.2M
Net Income:
-$265.7K
Assets
$19.7M
Liabilities
$10.4M
Net Assets:
+$9.3M
Operating Budget
$910.9K
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
$25K
Largest grant received
$864.5K
J
Jack Studor
Board Member
T
Ted Alling
Board Member
D
David Caines
Board Member

Frequently Asked Questions

What is FRIENDS OF CHATTANOOGA PREP INC’s budget?
In 2024, FRIENDS OF CHATTANOOGA PREP INC reported an annual operating budget of around $911 thousand. More detailed financial information is available to registered users.
What causes does FRIENDS OF CHATTANOOGA PREP INC support?
FRIENDS OF CHATTANOOGA PREP INC supports work in Education.
Where does FRIENDS OF CHATTANOOGA PREP INC operate?
FRIENDS OF CHATTANOOGA PREP INC is headquartered in CHATTANOOGA, TN.
Who funded FRIENDS OF CHATTANOOGA PREP INC recently?
In 2024, FRIENDS OF CHATTANOOGA PREP INC received grants from PREP PUBLIC SCHOOLS, CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION, and MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDS OF CHATTANOOGA PREP INC received in 2024?
The largest grant to FRIENDS OF CHATTANOOGA PREP INC in 2024 exceeds $865 thousand.