Pra Building Corporation

Organization Overview

Pra Building Corporation is located in Broomfield, CO. The organization was established in 2018. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pra Building Corporation 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 06/2024, Pra Building Corporation generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE PRA BUILDING CORPORATION HOLDS TITLE TOPROPERTY AND ACTS TO FACILITATE THE OPERATIONS OF PROSPECT RIDGE ACADEMY CHARTER SCHOOL AND PROMOTES PUBLIC AND CHARTER SCHOOL EDUCATION THROUGH ACQUIRING, LEASING, OR CONSTRUCTING FACILITIES TO BE LEASED TO THE CHARTER SCHOOL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FACILITATE THE OPERATIONS OF PROSPECT RIDGE ACADEMY CHARTER SCHOOL.


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Board, Officers & Key Employees

Name (title)Compensation
David Mallett
Secretary
$0
Ken Rooks
President
$0
Todd Stockard
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,165,466
Investment income $913
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 $2,166,379

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