CAMDEN PREP INC

EIN: 471221222 501(c)(3) Education

NEWARK, NJ

Total Revenue
$29,339,640
Total Expenses
$29,821,515
Total Assets
$67,257,120
Net Assets
$5,434,706
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NJ
Principal Officer
CYNTHIA LEGER
Phone
9736420101
Tax Period
2022-07-01 to 2023-06-30

CAMDEN PREP INC, founded in 2014, is a mid-sized nonprofit in the Education sector that reported $29.3M in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

CAMDEN PREP IS A PUBLIC RENAISSANCE SCHOOL SERVING MORE THAN 1,100 STUDENTS IN KINDERGARTEN THROUGH 12TH GRADE. CAMDEN PREP WELCOMED ITS FIRST 9TH GRADE CLASS IN FALL 2020 AND HAS GROWN TO A FULL 9-12 HIGH SCHOOL. CAMDEN PREP'S MISSION IS TO ENSURE ALL STUDENTS ARE PREPARED TO SUCCEED IN COLLEGE AND BEYOND. CAMDEN PREP CONSISTS OF A HIGH SCHOOL LOCATED AT 1800 COPEWOOD ST. CAMDEN, NEW JERSEY, MIDDLE SCHOOLS LOCATED AT 1650 COPEWOOD ST. CAMDEN, NJ AND 1575 MT. EPHRAIM AVE. CAMDEN, NEW JERSEY AND ELEMENTARY SCHOOLS LOCATED AT 1650 COPEWOOD STREET CAMDEN, NEW JERSEY AND 1575 MT. EPHRAIM AVE. CAMDEN, NEW JERSEY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $7,522,140
Program Service Revenue $21,817,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $29,339,640

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,406,305
Fundraising Expenses $484,907
Program Expenses $25,606,724
Other Expenses $15,415,210
TOTAL EXPENSES $29,821,515

Year-over-Year Comparison

2022 2021 Change
Revenue $29,339,640 $25,869,463 +0.1%
Expenses $29,821,515 $25,542,290 +0.2%
Net Income $-481,875 $327,173 -2.5%
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
6
Independent Members
6
Employees
297
Volunteers
9

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUNITA YADAVALLI DIRECTOR OF OPERATIONS 40.00
Highest
$158,765 $1,046 $159,811
THOMAS WEISHAUPT PRINCIPAL 40.00
Highest
$148,789 $6,473 $155,262
SYRENA-MCKENZIE BURNAM PRINCIPAL 40.00
Highest
$151,285 $3,598 $154,883
SUSANNA TAGOE PRINCIPAL 40.00
Highest
$142,037 $1,706 $143,743
HADLEY STEIN DIR. OF OPERATIONS, CAMDEN PREP HIGH SCHOOL 40.00
Highest
$139,988 $1,636 $141,624
NATALIE COOPER CHAIR 5.00
Officer Director
$0 $0 $0
JULIE JACKSON SECRETARY 5.00
Officer Director
$0 $0 $0
JOSEPH MANGINI TRUSTEE 5.00
Director
$0 $0 $0
CASSETTA PERRY TRUSTEE 5.00
Director
$0 $0 $0
REVEREND FLOYD WHITE TRUSTEE 5.00
Director
$0 $0 $0
KEVIN PATTERSON TRUSTEE 5.00
Director
$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 No data No data No data No data
2023 $29,339,640 $29,821,515 $67,257,120 $-481,875
2022 $25,869,463 $25,542,290 $57,791,880 $327,173
2021 $23,504,957 $20,888,721 $8,717,830 $2,616,236
2020 $18,744,481 $18,006,629 $5,465,512 $737,852
2019 $14,967,221 $14,794,486 $4,072,032 $172,735
2018 $12,291,985 $11,960,659 $2,655,206 $331,326
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