PUBLIC PREPARATORY NETWORK INC (EIN 264646416) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

MARK DIKER

Phone

2123466000

Tax Period

2024-07-01 to 2025-06-30

PUBLIC PREPARATORY NETWORK INC, founded in 2008, is a community nonprofit in the Education sector that reported $8.1M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.0M, a strong 37% operating margin.

Mission

PUBLIC PREP NETWORK IS A NONPROFIT ORGANIZATION THAT DEVELOPS SINGLE-SEX ELEMENTARY AND MIDDLE PUBLIC SCHOOLS THAT PURSUE EXCELLENCE THROUGH CONTINUOUS LEARNING AND DATA-DRIVEN INSTRUCTION. OUR MODEL IS DESIGNED TO EMPOWER EACH STUDENT TO BUILD STRONG CHARACTER, DEMONSTRATE CRITICAL THINKING, POSSESS A CORE BODY OF KNOWLEDGE AND BE ON A PREDICTIVE PATH TO EARN A DEGREE FROM A FOUR-YEAR UNIVERSITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $409,210

Program Service Revenue $5,106,548

Investment Income $73

Other Revenue $2,536,508

TOTAL REVENUE $8,052,339

Expense Breakdown

Grants Paid $356,300

Salaries & Benefits $3,255,202

Fundraising Expenses $198,910

Program Expenses $3,964,349

Other Expenses $1,460,966

TOTAL EXPENSES $5,072,468

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,052,339	$4,838,678	+0.7%
Expenses	$5,072,468	$6,737,357	-0.2%
Net Income	$2,979,871	$-1,898,679	-2.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$517,764

Total Directors

Key Employees

$508,256

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK DIKER	CHAIR	1.00	Officer Director	$0	$0	$0
MARGERY MAYER	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE KAIL GREENE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JANELLE BRADSHAW	CEO-RESIGNED 8/24	41.00	Officer	$354,896	$33,773	$388,669
JEANNEMARIE HENDERSHOT	COO - RESIGNED 6/24	40.00	Officer	$115,487	$13,608	$129,095
EMILEE CHRISTOPHER	CHIEF OF STAFF-RESIGNED 6/25	40.00	Key Emp	$298,582	$33,278	$331,860
KEISHA MORRIS	MANAGING DIR OF OPS-RESIGNED 1/25	40.00	Key Emp	$176,396	$0	$176,396
CAITLIN OMEIS	MANAGING DIR OF SFA-RESIGNED 6/25	40.00	Highest	$146,321	$40,133	$186,454
PORSCHE LANDON-HUTTON	MANAGING DIR OF ADV-RESIGNED 6/25	40.00	Highest	$161,667	$22,423	$184,090
JESSICA STRONG	DIRECTOR OF SP-RESIGNED 6/25	40.00	Highest	$159,472	$18,921	$178,393
SHANICE ADAMS	MANAGING DIR OF SCH-RESIGNED 3/24	40.00	Highest	$157,572	$33,208	$190,780
JEFFERY ALER	MANAGING DIR OF HR-RESIGNED 6/25	40.00	Highest	$143,780	$18,143	$161,923

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$8,052,339	$5,072,468	$1,169,139	$2,979,871
2024	$4,838,678	$6,737,357	$451,178	$-1,898,679
2023	$5,709,651	$7,158,959	$335,609	$-1,449,308
2022	$6,871,820	$7,459,382	$1,647,311	$-587,562
2021	$7,875,769	$6,009,353	$2,858,866	$1,866,416
2020	$6,897,826	$6,585,305	$1,870,624	$312,521
2019	$5,805,474	$6,423,974	$1,375,025	$-618,500
2018	$4,821,303	$5,236,234	$1,043,970	$-414,931

PUBLIC PREPARATORY NETWORK INC