FRIENDS OF PUBLIC PREP ACADEMIES INC (EIN 731684599) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

MARK DIKER

Phone

7188820231

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF PUBLIC PREP ACADEMIES INC, founded in 2004, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 68% operating margin.

Mission

FRIENDS OF PUBLIC PREP ACADEMIES INC WAS ORGANIZED TO CREATE GIRLS PREP CHARTER SCHOOL OF NY (NOW KNOWN AS PUBLIC PREP CHARTER SCHOOL ACADEMIES), SUPPORT THE SCHOOL AND ITS STUDENTS, AND MAKE CONTRIBUTIONS TO THE SCHOOL, WITH THE GOAL OF PROMOTING EDUCATIONAL ACHIEVEMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,461

Program Service Revenue $0

Investment Income $1,453

Other Revenue $2,156,189

TOTAL REVENUE $2,172,103

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,708

Fundraising Expenses $0

Program Expenses $324,114

Other Expenses $665,413

TOTAL EXPENSES $690,121

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,172,103	$1,159,954	+0.9%
Expenses	$690,121	$251,300	+1.7%
Net Income	$1,481,982	$908,654	+0.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$388,669

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA WEIL	SECRETARY	1.00	Officer Director	$0	$0	$0
MARK DIKER	CHAIR	1.00	Officer Director	$0	$0	$0
MARGERY MAYER	DIRECTOR	1.00	Director	$0	$0	$0
JANELLE BRADSHAW	CEO, PPN THRU AUG 2024	1.00	Officer	$0	$33,773	$388,669

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	$2,172,103	$690,121	$167,307,528	$1,481,982
2024	$1,159,954	$251,300	$75,267,342	$908,654
2023	$1,319,419	$158,036	$73,830,918	$1,161,383
2022	$2,111,564	$99,270	$15,495,929	$2,012,294
2021	$-843,563	$9,809	$13,582,007	$-853,372
2020	$-997,153	$357,634	$10,860,698	$-1,354,787
2019	$-796,232	$324,371	$9,387,079	$-1,120,603

FRIENDS OF PUBLIC PREP ACADEMIES INC