Overview

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Est.

2018

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

FRIENDS OF NEW WORLD PREP INC is a nonprofit organization dedicated to supporting the educational initiatives of New World Preparatory Charter School by acquiring, leasing, constructing, renovating, and maintaining real estate and facilities for its students and faculty. With an operating budget of $1.3 million and total revenue of $2.3 million for the 2024 filing year, the organization has substantial financial backing, though it does not appear to rely on a single funder for 50% or more of its revenue. The organization focuses on enhancing and complementing the educational programs and activities of the charter school.

Mission Statement

OUR MISSION IS TO SUPPORT THE EDUCATIONAL PURPOSES OF NEW WORLD PREPARATORY CHARTER SCHOOL BY ACQUIRING, LEASING, CONSTRUCTING, RENOVATING AND MAINTAINING REAL ESTATE AND OTHER FACILITIES FOR THE USE OF THE STUDENTS AND FACULTY OF NEW WORLD PREPARATORY CHARTER SCHOOL. AND BY UNDERTAKING OR FUNDING OTHER ACTIVITIES AND SERVICES THAT ENHANCE, AUGMENT AND COMPLEMENT NEW WORLD PREPARATORY CHARTER SCHOOL'S EDUCATIONAL PROGRAMS AND ACTIVITIES.
Revenues
$2.3M
Expenses
$1.3M
Net Income:
+$938.7K
Assets
$73.8M
Liabilities
$59.4M
Net Assets:
+$14.4M
Operating Budget
$1.3M
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
2
Median grant size
$37.5K
Largest grant received
$50K
T
Terry Troia
Board Member
H
Henry Salmon
Board Member
A
Angelo Aponte
Board Member

Frequently Asked Questions

What is FRIENDS OF NEW WORLD PREP INC’s budget?
In 2024, FRIENDS OF NEW WORLD PREP INC reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does FRIENDS OF NEW WORLD PREP INC support?
FRIENDS OF NEW WORLD PREP INC supports work in Education and Real estate.
Where does FRIENDS OF NEW WORLD PREP INC operate?
FRIENDS OF NEW WORLD PREP INC is headquartered in STATEN ISLAND, NY.
Who funded FRIENDS OF NEW WORLD PREP INC recently?
In 2025, FRIENDS OF NEW WORLD PREP INC received grants from THE STATEN ISLAND FOUNDATION, THE STATEN ISLAND FOUNDATION, and GRAY FOUNDATION C/O THE AYCO COMPANY LP. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDS OF NEW WORLD PREP INC received in 2024?
The largest grant to FRIENDS OF NEW WORLD PREP INC in 2024 exceeds $50 thousand.