PUBLIC PREP CHARTER SCHOOL ACADEMIES

EIN: 810650329 501(c)(3) Education

BRONX, NY

Total Revenue
$43,216,135
Total Expenses
$53,681,147
Total Assets
$232,098,286
Net Assets
$15,101,982
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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
2004
Legal Domicile
NY
Principal Officer
R BOYKIN CURRY
Phone
2123466000
Tax Period
2024-07-01 to 2025-06-30

PUBLIC PREP CHARTER SCHOOL ACADEMIES, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $43.2M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $53.7M exceeded revenue, resulting in a 24% operating deficit.

Mission

OUR MISSION IS SIMPLE: WE AIM TO GUIDE CHILDREN TO REALIZE THEIR INHERENT GREATNESS. FROM A VERY YOUNG AGE, WE REINFORCE TO OUR SCHOLARS THAT THEY ARE AGENTS OF CHANGE. WE GUIDE SCHOLARS TO EMBODY THE VALUES OF SCHOLARSHIP, EXCELLENCE, COMMUNITY, AND INTEGRITY AS THEY DEVELOP THEIR ABILITIES TO READ, WRITE, LISTEN, SPEAK, CREATE, AND THINK CRITICALLY ACROSS DISCIPLINES. WITH A PARTICULAR FOCUS ON SCIENCE, THE ARTS, AND MATH, WE PREPARE THEM TO NAVIGATE AND CONTRIBUTE MEANINGFULLY TO AN INCREASINGLY COMPLEX WORLD.

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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 $11,322,688
Program Service Revenue $31,477,954
Investment Income $415,493
Other Revenue $0
TOTAL REVENUE $43,216,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,427,287
Fundraising Expenses $0
Program Expenses $47,816,867
Other Expenses $31,253,860
TOTAL EXPENSES $53,681,147

Year-over-Year Comparison

2024 2023 Change
Revenue $43,216,135 $49,845,060 -0.1%
Expenses $53,681,147 $48,494,676 +0.1%
Net Income $-10,465,012 $1,350,384 -8.7%
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
4
Employees
479
Volunteers
8

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
3
$0
Total Directors
7
$0
Key Employees
2
$387,617
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA WEIL SECRETARY 1.00
Officer Director
$0 $0 $0
NICOLE KAIL GREENE VICE SECRETARY 1.00
Officer Director
$0 $0 $0
R BOYKIN CURRY CHAIR 1.00
Officer Director
$0 $0 $0
TAMARA ZACHERY TRUSTEE 1.00
Director
$0 $0 $0
KHAIRAH KLEIN TRUSTEE (RESIGNED DURING YEAR) 1.00
Director
$0 $0 $0
SAMUEL GREENE TRUSTEE (RESIGNED DURING YEAR) 1.00
Director
$0 $0 $0
KRISTINE RIVERIA TRUSTEE (JOINED DURING YEAR) 1.00
Director
$0 $0 $0
NOELANI GABRIEL-HOLT GPBX - II PRINCIPAL 40.00
Key Emp
$174,796 $9,204 $184,000
STEVE PAUL BP ES PRINCIPAL 40.00
Key Emp
$169,534 $34,083 $203,617
JANA KATZ DIRECTOR OF STUDENT SUPPORTS 40.00
Highest
$128,501 $17,098 $145,599
JIM JACK DIRECTOR OF ARTS AND PARTNERSHIPS 40.00
Highest
$126,957 $7,409 $134,366
VANESSA TINEO-FERREIRA DIRECTOR OF SFA 40.00
Highest
$122,167 $10,673 $132,840
PATRICIA PARK ACADEMIC DIRECTOR 40.00
Highest
$121,584 $11,833 $133,417
CHRISTINA PINKS SENIOR DIRECTOR OF OPERATIONS 40.00
Highest
$117,052 $16,611 $133,663
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 $43,216,135 $53,681,147 $232,098,286 $-10,465,012
2024 $49,845,060 $48,494,676 $118,414,017 $1,350,384
2023 $53,189,146 $53,694,962 $120,774,697 $-505,816
2022 $53,038,541 $51,567,255 $30,236,261 $1,471,286
2021 $52,903,915 $43,527,708 $28,993,375 $9,376,207
2020 $44,335,689 $39,750,006 $21,991,196 $4,585,683
2019 $40,435,461 $38,564,117 $13,273,465 $1,871,344
2018 $32,544,593 $32,157,513 $11,050,851 $387,080
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