KANSAS CITY GIRLS PREPARATORY ACADEMY

EIN: 814691824 501(c)(3) Education

KANSAS CITY, MO

Total Revenue
$6,720,376
Total Expenses
$5,645,207
Total Assets
$1,935,706
Net Assets
$1,541,056
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MO
Principal Officer
DR NICOLE SMITH
Phone
8162682573
Tax Period
2023-07-01 to 2024-06-30

KANSAS CITY GIRLS PREPARATORY ACADEMY, founded in 2016, is a community nonprofit in the Education sector that reported $6.7M in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 16% operating margin.

Mission

THE MISSION OF KANSAS CITY GIRLS PREPARATORY ACADEMY IS TO DEVELOP YOUNG WOMEN TO USE THEIR VOICES, SUCCEED IN COLLEGE, AND LEAD MEANINGFUL IMPACTFUL LIVES. THE SCHOOL SERVES NEIGHBORHOODS IMPACTED BY SEGREGATION AND IS FREE, PUBLIC, AND OPEN ENROLLMENT. IT IS AN AFFILIATE OF THE YOUNG WOMEN'S LEADERSHIP NETWORK, A NATIONAL NETWORK OF SINGLE-GENDER SCHOOLS, AND IS SPONSORED BY THE MISSOURI CHARTER PUBLIC SCHOOL COMMISSION.

Program Service Accomplishments

Program 1
Expenses: $4,083,191

GIRLS PREP OPENED ITS DOORS IN AUGUST 2019, TO A PROMISING CLASS OF 75 FIFTH GRADE GIRLS AND THEIR EXTRAORDINARILY SUPPORTIVE FAMILIES. FORTUNATELY, THE INGENUITY OF STUDENTS, FAMILIES, AND THE TEAM...

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GIRLS PREP OPENED ITS DOORS IN AUGUST 2019, TO A PROMISING CLASS OF 75 FIFTH GRADE GIRLS AND THEIR EXTRAORDINARILY SUPPORTIVE FAMILIES. FORTUNATELY, THE INGENUITY OF STUDENTS, FAMILIES, AND THE TEAM AND BOARD ENSURED A CONTINUED FOCUS ON SUPPORTING SCHOLARS TO MAXIMIZE THEIR POTENTIAL EVEN DURING THE PANDEMIC. FOUNDING YEAR RESULTS INCLUDE:1) ENROLLMENT THE SCHOOL ENROLLED 75 5TH GRADE STUDENTS AND RETAINED 89% OF STUDENTS AT THE END OF THE YEAR. STUDENTS REPRESENTED THE FULL DIVERSITY OF KANSAS CITY'S EAST SIDE NEIGHBORHOODS IN TERMS OF RACE/ETHNICITY, ECONOMIC STATUS, SPECIAL EDUCATION NEEDS, AND ENGLISH LANGUAGE LEARNING NEEDS.2) ACADEMICS THE SCHOOL WAS FOUNDED TO CREATE EQUITABLE ACCESS TO EXCELLENT EDUCATION. AS EXPECTED, STUDENTS ARRIVED IN 5TH GRADE WITH LITERACY AND NUMERACY SKILLS RANGING FROM KINDERGARTEN TO 4TH GRADE PROFICIENCY. DUE TO TEACHERS' BALANCE OF RIGOR AND SUPPORT, STUDENTS ACHIEVED RAPID GROWTH. IN JUST FIVE MONTHS OF INSTRUCTION, FOR EXAMPLE, FULLY 1/3 OF STUDENTS GREW OUT OF THE "BELOW BASIC" PERFORMANCE CATEGORY IN MATHEMATICS ON STANDARDIZED ASSESSMENTS. 3) SUPPORT DURING THE PANDEMIC THE SCHOOL QUICKLY FUNDRAISED FOR AND ISSUED CHROMEBOOKS AND WI-FI DEVICES TO ALL STUDENTS AFTER THE START OF THE PANDEMIC. INSTRUCTION CONTINUED, AND FAMILIES WERE SUPPORTED WITH WEEKLY MEAL KITS (5 BREAKFASTS AND LUNCHES) DELIVERED TO THEIR HOMES FOR ALL CHILDREN UNDER AGE 18.4) FINANCES THE SCHOOL BALANCED CONSERVATIVE EXPENSE FORECASTS, TIGHT SPENDING MANAGEMENT, AND A PROACTIVE FUNDRAISING STRATEGY TO LIMIT COSTS WHILE EARNING THE DISTINCTION OF BEING THE FIRST SCHOOL IN MISSOURI TO WIN GRANTS FROM THE HIGHLY SELECTIVE NEW SCHOOLS VENTURE FUND. THE SCHOOL ALSO EARNED SUPPORT FROM OTHER SELECTIVE NATIONAL FUNDERS LIKE THE CHARTER SCHOOL GROWTH FUND AND THE FEDERAL DEPARTMENT OF EDUCATION. THESE GRANTS, IN COMBINATION WITH AN INCREDIBLY SUPPORTIVE LOCAL PHILANTHROPIC COMMUNITY, HAVE FULLY FUNDED THE MIDDLE SCHOOL FACILITY AND START-UP COSTS.5) TEAM DEVELOPMENT THE SCHOOL IS STRONGLY COMMITTED TO HIGH QUALITY DEVELOPMENT FOR ITS TEAM IN ORDER TO MAXIMIZE STUDENT GROWTH. FOR EXAMPLE, THE SCHOOL IS PART OF TWO SELECTIVE, NATIONAL COHORTS OF HIGH-PERFORMING SCHOOLS TO AID DEVELOPMENT IN ITS SOCIAL EMOTIONAL LEARNING AND MATHEMATICS INSTRUCTION. THE TEAM WORKS WITH THE NATIONALLY RECOGNIZED EXPERTS IN LITERACY SPECIAL EDUCATION, AND TEACHING ENGLISH AS A SECOND LANGUAGE. INVESTMENTS IN PROFESSIONAL DEVELOPMENT ALIGNED TO RESEARCHED-BASED BEST PRACTICES HAVE MAXIMIZED STUDENT GROWTH.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,698,575
Program Service Revenue $0
Investment Income $12,559
Other Revenue $9,242
TOTAL REVENUE $6,720,376

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,608,427
Fundraising Expenses $0
Program Expenses $4,083,191
Other Expenses $2,036,780
TOTAL EXPENSES $5,645,207

Year-over-Year Comparison

2023 2022 Change
Revenue $6,720,376 $4,303,398 +0.6%
Expenses $5,645,207 $4,669,203 +0.2%
Net Income $1,075,169 $-365,805 -3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
72
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
1
$157,472
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE KEMPER BOARD CHAIR 1.00
Director
$0 $0 $0
LISA WHITE HARDWICK BOARD VICE CHAIR 1.00
Director
$0 $0 $0
JULIE TOMASIC BOARD SECRETARY 1.00
Director
$0 $0 $0
DEBBY BALLARD DIRECTOR 1.00
Director
$0 $0 $0
SYLVESTER JAMES JR DIRECTOR 1.00
Director
$0 $0 $0
SAMARA CRAWFORD HERRERA DIRECTOR 1.00
Director
$0 $0 $0
THALIA CHERRY DIRECTOR 1.00
Director
$0 $0 $0
NIKKIE NEWTON DIRECTOR 1.00
Director
$0 $0 $0
TOM KREBS CHIEF EXECUTIVE OFFICER 20.00
Officer
$0 $9,410 $157,472
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 $6,720,376 $5,645,207 $1,935,706 $1,075,169
2023 $4,303,398 $4,669,203 $713,180 $-365,805
2022 $4,105,082 $4,333,359 $1,112,496 $-228,277
2021 $3,237,870 $2,723,991 $1,237,216 $513,879
2020 $2,912,331 $5,826,412 $763,990 $-2,914,081
2019 $4,893,567 $3,319,171 $2,892,525 $1,574,396
2018 $1,508,586 $317,715 $1,318,129 $1,190,871
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