D C Preparatory Academy

Organization Overview

D C Preparatory Academy is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, D C Preparatory Academy employed 415 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. D C Preparatory Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, D C Preparatory Academy generated $48.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $42.8m during the year ending 06/2021. While expenses have increased by 4.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DC PREP IS A NETWORK OF PUBLIC CHARTER SCHOOLS SERVING STUDENTS IN WASHINGTON, DC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

D.C. PREPARATORY ACADEMY'S (DC PREP) MISSION IS TO BRIDGE THE EDUCATIONAL DIVIDE IN THE NATION'S CAPITAL BY INCREASING THE NUMBER OF STUDENTS FROM UNDERSERVED COMMUNITIES WITH THE ACADEMIC PREPARATION AND PERSONAL CHARACTER TO SUCCEED IN COMPETITIVE HIGH SCHOOLS AND COLLEGES. DC PREP CURRENTLY OPERATES FIVE TUITION-FREE PUBLIC CHARTER SCHOOLS THAT ARE OPEN TO ANY CHILD IN WASHINGTON, ENROLLING MORE THAN 2,100 STUDENTS IN GRADES PRESCHOOL THROUGH 8TH GRADE. HISTORICALLY, 98% OF DC PREP STUDENTS ARE AFRICAN-AMERICAN AND 2% ARE HISPANIC; OVER 80% OF STUDENTS LIVE IN POVERTY, AS MEASURED BY ELIGIBILITY FOR FREE/REDUCED PRICE MEALS.DC PREP HAS A TWIN FOCUS ON HIGH QUALITY ACADEMICS AND SOCIAL-EMOTIONAL GROWTH. DURING OUR 19 YEARS AS A CHARTER NETWORK, WE HAVE ACHIEVED SIGNIFICANT RESULTS ACROSS THREE KEY AREAS: QUALITY REPORTS, OSSE REPORT CARDS, AND ALUMNI SUCCESS. EACH YEAR, THE DC PUBLIC CHARTER SCHOOL BOARD ISSUES AN OVERALL RANKING OF SCHOOLS' ACADEMIC AND CULTURE PROGRESS, RANKING EACH SCHOOL BETWEEN TIER 1 (THE HIGHEST) AND TIER 3 (THE LOWEST). ALL FIVE DC PREP CAMPUSES EARNED A TIER 1 RANKING ON THE 2019 SCHOOL QUALITY REPORTS, THE HIGHEST RANKING. ADDITIONALLY, AEC RECEIVED ONE OF THE HIGHEST SCORES IN THE CITY. THE DC OFFICE OF THE STATE SUPERINTENDENT OF EDUCATION RELEASES AN ANNUAL ASSESSMENT OF SCHOOL PERFORMANCE. THIS SERVES AS A COMPREHENSIVE OVERVIEW OF HOW SCHOOLS ARE PREPARING STUDENTS FOR OVERALL SUCCESS. IN ITS INAUGURAL YEAR, OSSE AWARDED ALL ELIGIBLE DC PREP CAMPUSES FOUR STARS.EVEN MORE IMPORTANT, AND ALIGNED WITH DC PREP'S MISSION, EVERY DC PREP 8TH GRADE GRADUATE (600+) HAS BEEN ACCEPTED BY A COLLEGE-PREP HIGH SCHOOL, WITH OVER TWO-THIRDS OFFERED ADMISSION TO SELECTIVE SCHOOLS INCLUDING BENJAMIN BANNEKER, CHOATE ROSEMARY HALL, THE FIELD SCHOOL, GEORGETOWN PREP, THE HILL SCHOOL, MARET, PHILLIPS EXETER ACADEMY, ST. ALBANS, SIDWELL FRIENDS SCHOOL, AND SCHOOL WITHOUT WALLS, AMONG OTHERS. OUR STUDENTS HAVE GONE ON TO GRADUATE FROM HIGH SCHOOL AT AN AVERAGE RATE OF 97%, SIGNIFICANTLY HIGHER THAN THE DCPS AVERAGE OF 65% AND THE NATIONAL AVERAGE OF 83%. IN ADDITION, OUR STUDENTS GRADUATE FROM COLLEGE AT ROUGHLY 3X THE RATE OF THEIR PEERS NATIONALLY (27% OF OUR 2009 8TH GRADERS HAVE NOW GRADUATED FROM COLLEGE VS 11% OF STUDENTS FROM FAMILIES IN THE BOTTOM 40% OF HOUSEHOLD WEALTH); BASED ON CURRENT COLLEGE MATRICULATION & COLLEGE PERSISTENCE RATES, WE ANTICIPATE THAT OUR ALUMNI'S COLLEGE GRADUATION RATE WILL CONTINUE TO INCREASE IN THE NEXT FEW YEARS.ULTIMATELY, DC PREP HOPES TO PLAY A MAJOR ROLE IN IMPROVING PUBLIC EDUCATION IN DC AND IN THE COUNTRY. WE ARE PARTICULARLY COMMITTED TO SERVING THE STUDENTS OF WASHINGTON DC'S WARDS 5, 7 & 8. CHILDREN IN THESE WARDS HAVE HISTORICALLY HAD ACCESS TO FEWER HIGH-QUALITY PUBLIC SCHOOL OPTIONS - AN UNACCEPTABLE BARRIER TO OPPORTUNITY. WE BELIEVE THAT ALL STUDENTS HAVE A RIGHT TO A GREAT EDUCATION AND THAT, WITH ACCESS TO EFFECTIVE SCHOOLS, ALL STUDENTS CAN ACHIEVE GREAT OUTCOMES. WE BELIEVE THAT OUR WORK DEMONSTRATES EXACTLY THAT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
End-to-end Solutions For Special Ed
Special Education Services
$748,397
Revolution Foods
Food Services
$387,516
Pro-air
Hvac Preventative Maintenance Services
$455,772
Pmm Companies
Janitorial And Facilities Mgmt.
$586,226
Lavinia Group Llc
Instructional Support And Develop. Servi
$319,979
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $46,644,241
All other contributions, gifts, grants, and similar amounts not included above$1,150,453
Noncash contributions included in lines 1a–1f $122,421
Total Revenue from Contributions, Gifts, Grants & Similar$47,794,694
Total Program Service Revenue$652,291
Investment income $16,381
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $48,510,869

Grants Recieved

Over the last fiscal year, we have identified 12 grants that D C Preparatory Academy has recieved totaling $690,128.

Awarding OrganizationAmount
Education Forward Dc

Washington, DC

PURPOSE: GENERAL OPERATIONS

$415,000
Norman R Rales And Ruth Rales Foundation

Washington, DC

PURPOSE: EDUCATIONAL SUPPORT

$158,670
Greater Washington Community Foundation

Washington, DC

PURPOSE: GENERAL SUPPORT

$30,000
Nussdorf Family Foundation Inc

West Palm Beach, FL

PURPOSE: GENERAL PURPOSE

$30,000
Jack Kent Cooke Foundation

Lansdowne, VA

PURPOSE: SUPPORT THE PREPNEXT PROGRAM THAT SUPPORTS 8TH GRADERS THROUGH COLLEGE AND CAREER.

$14,000
T Rowe Price Program For Charitable Giving Inc

Baltimore, MD

PURPOSE: SPECIAL PROJECT

$10,000
View Grant Recipient Profile

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