NonprofitsPrep Public Schools

Education

Prep Public Schools

CHATTANOOGA, TN

Total revenue

$11.0M

Total expenses

$9.4M

Net assets

$4.0M

Grants received

$5.3M

57 grants

EIN

813512812

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$10.4M
Program service revenue$328K
Investment income$8K
Other revenue$225K
Total revenue$11.0M

Expenses

Grants paid$865K
Salaries & benefits$5.2M
Fundraising$419K
Other expenses$3.4M
Total expenses$9.4M
Total assets$4.6M
Net assets$4.0M

People

12 listed

NameRoleCompensation

BRAD SCOTT

CEO

Board

$160K

40 hrs/wk

WARD DAVENPORT

VICE CHAIR

Board

5 hrs/wk

DAVID CAINES

TREASURER

Board

5 hrs/wk

EDNA VARNER

SECRETARY

Board

5 hrs/wk

AARON LOVE

DIRECTOR

Board

1 hrs/wk

TED ALLING

CO-CHAIR

Board

5 hrs/wk

JIMMY HASLAM

DIRECTOR

Board

1 hrs/wk

AMBER WILLIAMS

DIRECTOR

Board

1 hrs/wk

SHEWANEE HOWARD-BAPTISTE

DIRECTOR

Board

1 hrs/wk

MOISE BAPTISTE

DIRECTOR

Board

1 hrs/wk

S DAVE BHATTACHARYA MD

DIRECTOR

Board

1 hrs/wk

KELLY ALLING

CO-CHAIR

Board

5 hrs/wk

Independent contractors

LAVINIAA GROUP LLC

EDUCATION

$307K

CHATTANOOGA BUS COMPANY

TRANSPORTATION

$246K

IMPACT FACILITY SOLUTIONS LLC

COMMERCIAL CLEANING

$186K

TECHNOLOGY LAB

IT SERVICES

$171K

Grants received

Showing 57 of 57

FromAmountPurposeYear
$620K
CHARTER SCHOOL GROWTH
2024
$200K
IMPACT AND INNOVATION
2024
$92K
ORGANIZATIONAL SUPPORT
2024
$66K
CHARTER SCHOOL CAPACITY-BUILDING
2024
$25K
PROGRAM SUPPORT
2024
$15K
PROGRAM SUPPORT
2024
$620K
CHARTER SCHOOL GROWTH
2023
$100K
CHARTER SCHOOL CAPACITY-BUILDING
2023
$26K
PROGRAM SUPPORT
2023
$25K
GENERAL SUPPORT
2023
$10K
CHARITY
2023
$8K
General & Unrestricted
2023
$5K
General & Unrestricted
2023
$530K
CHARTER SCHOOL GROWTH
2022
$200K
CHARTER SCHOOL CAPACITY-BUILDING
2022
$75K
College Prep Program
2022
$25K
TO PROVIDE ASSISTANCE FOR ALL COLLEGE PREP ACTIVITIES
2022
$20K
General & Unrestricted
2022
$8K
General & Unrestricted
2022
$5K
General & Unrestricted
2022
$20K
UNRESTRICTED GENERAL OPERATING SUPPORT
2020
$17K
2ND INSTALLMENT OF CAPITAL CAMPAIGN PLEDGE
2020
$15K
COVID-19 COMMUNITY RESPONDER
2020
$15K
CHARITY
2020
$66K
FOR THE SUPPORT OF THE ORGANIZATION
2018
$220K
FOR THE SUPPORT OF THE ORGANIZATION
2017

Funded by

$5.3M from 16 funders · 57 grants · 2017–2024

Charter Fund Inc

$2.3M · 7 grants · 2022–2024

Tennessee State Collaborative On

$1.1M · 2 grants · 2023–2024

Friends Of Chattanooga Prep Inc

$584K · 4 grants · 2017–2023

Gs Donor Advised Philanthropy Fund

$250K · 5 grants · 2019–2024

National Philanthropic Trust

$151K · 1 grant · 2021

Natl Christian Charitable Fdn Inc

$125K · 1 grant · 2020

Chattanooga Christian Community

$92K · 1 grant · 2024

Details

EIN813512812
NTEE codeB29
Subsection03
Ruling date2017-08
Formed2017
Employees92
Volunteers39
PREP PUBLIC SCHOOLS — Mission, Financials & Grants Received | Grantivo