Pride Prep Schools
- Assets
- $11.4m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 87
- Location
- Spokane, WA
- Founding
- 06/2014
- Data as of
- 08/2023
- 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 08/2023, Pride Prep Schools employed 87 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 08/2023, Pride Prep Schools generated $9.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $8.6m during the year ending 08/2023. While expenses have increased by 18.9% per year over the past 7 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
2023
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
OPERATING A PUBLIC CHARTER SCHOOL IN SPOKANE, WA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Erickson Chair | OfficerTrustee | 2 | $0 |
Brian Burrow Vice Chair | OfficerTrustee | 2 | $0 |
Alaina Spence Treasurer | OfficerTrustee | 2 | $0 |
Keith Stanhill Board Member | Trustee | 2 | $0 |
Andrew Richards Board Member | Trustee | 2 | $0 |
Brenda Mcdonald Superintendent | Officer | 40 | $164,805 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,528,360 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,894 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,706,254 |
| Total Program Service Revenue | $7,426,327 |
| Investment income | $6,296 |
| 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 | $9,138,877 |
| 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. | $214,111 |
| Compensation of current officers, directors, key employees. | $32,117 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,760,916 |
| Pension plan accruals and contributions | $80,440 |
| Other employee benefits | $604,161 |
| Payroll taxes | $341,618 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,585 |
| Fees for services: Accounting | $172,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $446,154 |
| Advertising and promotion | $17,028 |
| Office expenses | $85,562 |
| Information technology | $58,048 |
| Royalties | $0 |
| Occupancy | $1,281,912 |
| Travel | $800,907 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,993 |
| Interest | $17,562 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,178 |
| Insurance | $49,024 |
| All other expenses | $30,157 |
| Total functional expenses | $8,618,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,383,613 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,750 |
| 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 | $113,297 |
| Net Land, buildings, and equipment | $410,184 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,465,699 |
| Total assets | $11,406,543 |
| Accounts payable and accrued expenses | $459,851 |
| 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 | $687,681 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,716,204 |
| Total liabilities | $8,863,736 |
| Net assets without donor restrictions | $1,699,989 |
| Net assets with donor restrictions | $842,818 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $11,406,543 |