THE BENJAMIN BANNEKER PREPARATORY CHARTER SCHOOL

EIN: 451000121 501(c)(3) Education

WILLINGBORO, NJ

Total Revenue
$8,082,661
Total Expenses
$8,271,273
Total Assets
$5,648,055
Net Assets
$805,127
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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
2011
Legal Domicile
NJ
Phone
6098358370
Tax Period
2023-07-01 to 2024-06-30

THE BENJAMIN BANNEKER PREPARATORY CHARTER SCHOOL, founded in 2011, is a community nonprofit in the Education sector that reported $8.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF THE BENJAMIN BANNEKER PREPARATORY CHARTER SCHOOL (BBPCS) IS TO DEVELOP THE NEXT GENERATION OF OUTSTANDING LEADERS WHO WILL BE EQUIPPED WITH THE ACADEMIC EXCELLENCE, SELF-MANAGEMENT SKILLS AND CHARACTER NECESSARY FOR THEM TO POSITIVELY INFLUENCE THEIR WORLD. THE VISION OF BBPCS IS AN EDUCATIONAL ENVIRONMENT, WHICH SUPPORTS STUDENT ENGAGEMENT AND EMPOWERS ALL STUDENTS TO IDENTIFY AND UTILIZE THEIR OWN LEADERSHIP ABILITIES AND GIFTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,935,714
Program Service Revenue $266,656
Investment Income $0
Other Revenue $-119,709
TOTAL REVENUE $8,082,661

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,833,642
Fundraising Expenses $0
Program Expenses $6,617,019
Other Expenses $2,437,631
TOTAL EXPENSES $8,271,273

Year-over-Year Comparison

2023 2022 Change
Revenue $8,082,661 $7,359,097 +0.1%
Expenses $8,271,273 $7,463,331 +0.1%
Net Income $-188,612 $-104,234 +0.8%
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

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Governance

Voting Members
5
Independent Members
5
Employees
70
Volunteers
N/A

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
2
$384,607
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD WILSON JR LEAD ADMINISTR 40.00
Officer
$201,187 $0 $201,187
GLENN A RICHARDSON BUS. ADMINISTR 40.00
Officer
$183,420 $0 $183,420
DEJON BARBOUR PRES-BD TRUSTEE 3.00
Director
$0 $0 $0
MELDA GRANT Trustee 3.00
Director
$0 $0 $0
TAMIKA LAW TRUSTEE 3.00
Director
$0 $0 $0
KIM MURRAY Trustee 3.00
Director
$0 $0 $0
JAZMINE FIELDS SCHOOL DIRECTOR 40.00
$0 $0 $0
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 No data No data No data No data
2024 $8,082,661 $8,271,273 $5,648,055 $-188,612
2023 $7,359,097 $7,226,415 $4,861,651 $132,682
2022 $7,652,555 $7,780,811 $5,150,044 $-128,256
2021 $7,069,483 $6,718,446 $4,947,036 $351,037
2020 $6,080,209 $5,704,767 $4,897,551 $375,442
2019 $6,018,904 $5,174,429 $4,217,655 $844,475
2018 $3,189,659 $3,575,538 $3,420,567 $-385,879
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