UNIVERSITY PREPARATORY SCHOOLS

EIN: 475308126 501(c)(3) Education

DENVER, CO

Total Revenue
$11,154,487
Total Expenses
$11,933,473
Total Assets
$4,693,133
Net Assets
$4,416,021
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CO
Phone
3032920463
Tax Period
2023-07-01 to 2024-06-30

UNIVERSITY PREPARATORY SCHOOLS, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $11.2M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum.

Mission

Prepare every child for a four-year college degree and a life of opportunity. University Preps two elementary schools located in the Northeast Denver and is a tuition-free public charter school. University Preparatory School is a Charter School Management Organization. Its mission is to provide centralized cost-savings management services and exceptional education programs to multiple charter schools.

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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 $1,612,455
Program Service Revenue $9,314,124
Investment Income $107,883
Other Revenue $120,025
TOTAL REVENUE $11,154,487

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,981,711
Fundraising Expenses $0
Program Expenses $8,106,962
Other Expenses $2,951,762
TOTAL EXPENSES $11,933,473

Year-over-Year Comparison

2023 2022 Change
Revenue $11,154,487 $7,520,553 +0.5%
Expenses $11,933,473 $2,291,313 +4.2%
Net Income $-778,986 $5,229,240 -1.1%
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
10
Independent Members
10
Employees
131
Volunteers
100

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
4
$0
Total Directors
10
$0
Key Employees
1
$132,298
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alastair Dawe Chief Operating Officer 40.00
Key Emp
$132,298 $0 $132,298
David Singer Founder Executive Director 40.00
Highest
$173,496 $0 $173,496
Cuneyt Akay President 1.00
Officer Director
$0 $0 $0
Emily Eikelberner Vice President 1.00
Officer Director
$0 $0 $0
Jean De La Mata Treasurer 1.00
Officer Director
$0 $0 $0
Nicholas Hernandez Secretary 1.00
Officer Director
$0 $0 $0
Brenna Copeland Trustee 1.00
Director
$0 $0 $0
Veronica Luckett Trustee 1.00
Director
$0 $0 $0
Recardo Brookes Trustee 1.00
Director
$0 $0 $0
David Braemer Trustee 1.00
Director
$0 $0 $0
Juan Pena Trustee 1.00
Director
$0 $0 $0
Bev Sloan Trustee 1.00
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 $11,154,487 $11,933,473 $4,693,133 $-778,986
2023 $7,520,553 $2,291,313 $5,610,947 $5,229,240
2022 $1,260,661 $1,220,066 $307,631 $40,595
2021 $1,258,737 $1,324,630 $422,285 $-65,893
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