PERRY STREET PREPARATORY PUBLIC CHARTER SCHOOL

EIN: 522174617 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$15,523,863
Total Expenses
$14,392,706
Total Assets
$32,310,887
Net Assets
$13,512,439
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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
1999
Legal Domicile
DC
Principal Officer
PORSCHE PAULDING
Phone
2025294400
Tax Period
2024-07-01 to 2025-06-30

PERRY STREET PREPARATORY PUBLIC CHARTER SCHOOL, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $15.5M in total revenue in fiscal year 2024. Expenses of $14.4M left a modest 7% surplus.

Mission

TO DEVELOP SOCIALLY RESPONSIBLE LEADERS WHILE TRANSFORMING PUBLIC EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,631,039
Program Service Revenue $13,161,868
Investment Income $501,301
Other Revenue $229,655
TOTAL REVENUE $15,523,863

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,545,065
Fundraising Expenses $7,130
Program Expenses $13,207,292
Other Expenses $5,847,641
TOTAL EXPENSES $14,392,706

Year-over-Year Comparison

2024 2023 Change
Revenue $15,523,863 $15,272,679 +0.0%
Expenses $14,392,706 $13,762,140 +0.0%
Net Income $1,131,157 $1,510,539 -0.3%
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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Governance

Voting Members
11
Independent Members
11
Employees
112
Volunteers
10

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
7
$365,691
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHEL CROUCH PRINCIPAL & CHIEF ACADEMIC OFFICER 40.00
Officer
$181,725 $17,420 $199,145
WALLACE SELLARS ASSISTANT PRINCIPAL 40.00
Highest
$139,886 $6,993 $146,879
ASHLEY KNIGHT TEACHER 40.00
Highest
$121,531 $22,143 $143,674
ESSENCE COGGINS TEACHER 40.00
Highest
$123,628 $18,351 $141,979
IVY VALANT ASSISTANT PRINCIPAL 40.00
Highest
$126,161 $15,653 $141,814
DANIELLE TRUITT-MCCASKILL ASSISTANT PRINCIPAL 40.00
Highest
$120,502 $18,351 $138,853
KELLY SMITH CHIEF OPERATIONS & FINANCE OFFICER UNTIL JUNE 2024 40.00
Officer
$93,738 $0 $93,738
PORSCHE PAULDING CHIEF OPS & FINANCE OFFICER AS OF JUNE 2024 40.00
Officer
$72,808 $0 $72,808
CYDNEY WALTON CHAIR 2.00
Officer Director
$0 $0 $0
TICHAUNDRA STROMAN VICE CHAIR 2.00
Officer Director
$0 $0 $0
ANDREW ALMAND TREASURER 2.00
Officer Director
$0 $0 $0
HASSAN CHRISTIAN SECRETARY 2.00
Officer Director
$0 $0 $0
BRUCE NEWBY BOARD MEMBER 2.00
Director
$0 $0 $0
ABIOLA JOHNSON BOARD MEMBER 2.00
Director
$0 $0 $0
BRANDON FRAIZER BOARD MEMBER 2.00
Director
$0 $0 $0
KELLY MIDDLETON BOARD MEMBER 2.00
Director
$0 $0 $0
SHANNON SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
AISHA DERICOTT BOARD MEMBER 2.00
Director
$0 $0 $0
MELISSA LAZARIN BOARD MEMBER 2.00
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 $15,523,863 $14,392,706 $32,310,887 $1,131,157
2024 $15,272,679 $13,762,140 $30,852,294 $1,510,539
2023 $13,442,619 $12,549,360 $28,900,406 $893,259
2022 $13,687,424 $13,029,333 $26,904,755 $658,091
2021 $11,208,232 $10,178,741 $25,776,163 $1,029,491
2020 $10,198,972 $9,380,535 $24,644,957 $818,437
2019 $8,628,279 $8,427,897 $23,087,047 $200,382
2018 $8,355,449 $8,069,416 $22,478,976 $286,033
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