Overview

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Est.

2017

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PREP PUBLIC SCHOOLS is an all-boys public charter school focused on charter school education, serving young men in grades 6–12 in Chattanooga. For filing year 2025, it reports an operating budget of $12M and total revenue of $13.5M, with major support from CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND, THE MACLELLAN FOUNDATION INC, and TENNESSEE STATE COLLABORATIVE ON REFORMING EDUCATION.

Mission Statement

PREP PUBLIC SCHOOLS IS AN ALL-BOYS PUBLIC CHARTER SCHOOL WITH A MISSION TO ENGAGE YOUNG MEN IN A RIGOROUS YET SUPPORTIVE LEARNING ENVIRONMENT THAT NURTURES RESILIENCE, PROMOTES ACADEMIC EXCELLENCE, INSPIRES LEADERSHIP, AND PREPARES CRITICAL THINKERS. PREP PUBLIC SCHOOLS WELCOMED ITS FIRST CLASS OF 66 SIXTH GRADERS IN AUGUST 2018 AND WILL GROW TO SERVE 350 YOUNG MEN IN GRADES 6-12 OVER THE NEXT SEVEN YEARS.
Revenues
$11M
Expenses
$9.4M
Net Income:
+$1.6M
Assets
$4.6M
Liabilities
$608.7K
Net Assets:
+$4M
Operating Budget
$8.5M
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
20
Median grant size
$46.5K
Largest grant received
$620K
B
Brad Scott
Board Member
E
Edna Varner
Board Member
D
David Caines
Board Member
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  • 31 funders
  • 30 board & team members
  • 7 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is PREP PUBLIC SCHOOLS’s budget?
In 2024, PREP PUBLIC SCHOOLS reported an annual operating budget of around $8.5 million. More detailed financial information is available to registered users.
What causes does PREP PUBLIC SCHOOLS support?
PREP PUBLIC SCHOOLS supports work in Charter school education.
Where does PREP PUBLIC SCHOOLS operate?
PREP PUBLIC SCHOOLS is headquartered in Chattanooga, TN.
Who funded PREP PUBLIC SCHOOLS recently?
In 2025, PREP PUBLIC SCHOOLS received grants from UNITED WAY OF GREATER CHATTANOOGA, RAYMOND JAMES CHARITABLE ENDOWMENT FUND, 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 PREP PUBLIC SCHOOLS received in 2024?
The largest grant to PREP PUBLIC SCHOOLS in 2024 exceeds $620 thousand.
What is PREP PUBLIC SCHOOLS’s reliance on government grants?
PREP PUBLIC SCHOOLS relied on government grants for more than 80% of their total revenue in 2024.