Pride Prep Schools
- Assets
- $4.5m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 82
- Location
- Spokane, WA
- Founding
- 06/2014
- Data as of
- 08/2021
- EIN
- 46-4051666
Organization Overview
Pride Prep Schools is located in Spokane, WA. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 08/2021, Pride Prep Schools employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pride Prep Schools 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 08/2021, Pride Prep Schools generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.7% each year . All expenses for the organization totaled $7.5m during the year ending 08/2021. While expenses have increased by 49.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PREPARE A DIVERSE RANGE OF STUDENTS FOR A LIFE OF LEARNING IN POST-SECONDARY EDUCATION, CITIZENSHIP, AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACCOMPLISH THIS MISSION, WE HAVE DESIGNED OUR PROGRAM FOR DEEPER LEARNING, WHICH MEANS WE CHALLENGE STUDENTS TO USE KNOWLEDGE AND SKILLS IN A WAY THAT PREPARES THEM FOR REAL LIFE. IN OTHER WORDS, WE BLEND FORMAL AND INFORMAL LEARNING TOGETHER, ENGAGING BOTH THE MIND AND THE HAND.STUDENTS ENGAGE IN DEEPER LEARNING IN THREE IMPORTANT WAYS: CHALLENGING AND PERSONALIZED, SELF-PACED LEARNING UTILIZING STATE-OF-THE-ART ONLINE RESOURCES; HANDS-ON PROJECT AND PROBLEM-BASED PEDAGOGY PRESENTED IN "WORKSHOP" TIME; AND EXPLORATION OF DOZENS OF SKILL AREAS IN PURSUIT OF EARNING A COOL BADGE DENOTING PROFICIENCY.DURING "PERSONAL LEARNING" TIME, STUDENTS LEARN AT THEIR OWN PACE USING AN ONLINE PLATFORM PROVIDED THROUGH A PARTNERSHIP WITH SUMMIT SCHOOLS AND CURATED BY THEIR PRIDE TEACHER. STUDENTS CAN LEARN AT AN ACCELERATED PACE, OR SLOW DOWN AS NEEDED, AND GAIN MASTERY AND SKILL AS PRIDE STAFF PROVIDES JUST-IN-TIME COACHING ALONGSIDE THE STUDENT. FEEDBACK IS IMMEDIATE AND USEFUL. ERROR IS NOT STIGMATIZED.IN THE CONTENT AREAS OF THE HUMANITIES, MATHEMATICS, AND SCIENCE, STUDENTS ARE CONFRONTED WITH REAL-WORLD PROJECTS, HANDS-ON LEARNING, AND PERFORMANCE ASSESSMENT. THE PROJECTS OFFER MANY ENTRY POINTS FOR STUDENTS WITH VARYING LEARNING STYLES AND INTERESTS, INTEGRATE SEVERAL SUBJECTS TOGETHER AT ONCE, ARE TEACHER DESIGNED, AND PROVIDE STUDENTS WITH AN EXCELLENT CHANCE TO DEMONSTRATE CRITICAL THINKING, ARTISTRY, AND A DEEPER UNDERSTANDING OF CORE CONCEPTS. MANY PROJECTS RESULT IN A PUBLIC PRESENTATION BY THE STUDENT.COMPUTER SCIENCE AND THE ARTS ARE INTEGRATED INTO PROJECTS, AND INCREASE IN COMPLEXITY AND CHALLENGE FROM GRADES 6 TO 12.FINALLY, THE PRIDE PROGRAM IS ROUNDED OUT WITH TIME FOR EXPLORATION OF OVER 140 AREAS OF INTEREST, SUCH AS ASTRONOMY OR CERAMIC ARTS. STUDENTS WORK TO COMPLETE AND PUBLISH CHALLENGES DESIGNED BY PRIDE TEACHERS AND INSTRUCTORS OF DIY.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Mcdonald CEO | Officer | 40 | $155,831 |
Benji Wade Chair Through May 2021/trustee | OfficerTrustee | 2 | $0 |
Ian Field Chair As Of May 2021 | OfficerTrustee | 2 | $0 |
Brian Burrow Chair Through Oct 2020/trustee | OfficerTrustee | 2 | $0 |
Libuse Binder Board Vice Chair | OfficerTrustee | 2 | $0 |
Ashley Erickson Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $276 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,247 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,523 |
| Total Program Service Revenue | $8,055,311 |
| Investment income | $1,111 |
| 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 | $8,242,945 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $156,000 |
| Compensation of current officers, directors, key employees. | $156,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,993,423 |
| Pension plan accruals and contributions | -$569,179 |
| Other employee benefits | $1,201,274 |
| Payroll taxes | $304,770 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,749 |
| Fees for services: Accounting | $135,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,865 |
| Advertising and promotion | $30,861 |
| Office expenses | $258,430 |
| Information technology | $123,671 |
| Royalties | $0 |
| Occupancy | $1,013,362 |
| Travel | $163 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,973 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $133,085 |
| Insurance | $10,108 |
| All other expenses | $3,066 |
| Total functional expenses | $7,509,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,668,851 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,535 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $110,157 |
| Net Land, buildings, and equipment | $518,086 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,151,366 |
| Total assets | $4,483,995 |
| Accounts payable and accrued expenses | $339,848 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,041,395 |
| Unsecured mortgages and notes payable | $959,405 |
| Other liabilities | $2,442,381 |
| Total liabilities | $4,783,029 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$299,034 |
| Total liabilities and net assets/fund balances | $4,483,995 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pride Prep Schools has recieved totaling $100,653.
| Awarding Organization | Amount |
|---|---|
Washington State Charter Schools Association Seattle, WA PURPOSE: SUPPORT OF WASHINGTON CHARTER PUBLIC SCHOOLS | $100,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $653 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Aleutian Tribes Inc Anchorage, AK | $24,179,312 | $16,987,359 |
International Society For Technology In Education Portland, OR | $20,256,205 | $13,556,365 |
Public School Employees Of Washington Auburn, WA | $10,924,728 | $12,530,239 |
Washington State Charter Schools Association Seattle, WA | $13,158,502 | $7,768,416 |
Bluum Inc Boise, ID | $2,040,780 | $9,996,338 |
Native Project Spokane, WA | $18,009,954 | $13,503,494 |
Spokane International Academy Spokane, WA | $28,868,838 | $9,309,601 |
Pride Prep Schools Spokane, WA | $4,483,995 | $8,242,945 |
Oregon School Employees Association 133 Salem, OR | $7,639,516 | $7,655,217 |
Washington Manufacturing Services Bothell, WA | $3,899,855 | $7,541,918 |
Oregon Social Learning Center Inc Eugene, OR | $1,429,393 | $6,701,221 |
Riverstone Community School Inc Boise, ID | $14,062,968 | $7,409,648 |