Prep For Success Inc is located in Pasadena, CA. The organization was established in 2003. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2021, Prep For Success Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prep For Success Inc 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, Prep For Success Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $2.8m during the year ending 06/2021. While expenses have increased by 8.3% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL EDUCATION SERVICES FOR CHARTER SCHOOLS THAT SPECIALIZE IN SERVING AT-RISK AND UNDERSERVED STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erica Carrillo Asst Sp Edu Dir | 40 | $120,000 | |
Katherine Salas Sp Edu Program Splst | 40 | $120,000 | |
Thuy Macomber Lead School Psycholo | 40 | $108,007 | |
Natalie Vaganay Lead School Psycholo | 40 | $108,004 | |
Marlen Gastelum School Psychologist | 40 | $104,335 | |
Joan Hall President | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $4,345 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $2,914,381 |
Total Revenue | $2,918,726 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $1,881,165 |
Pension plans, employee benefits | $188,751 |
Interest | $0 |
Taxes | $153,848 |
Depreciation | $3,567 |
Occupancy | $32,422 |
Travel, conferences, and meetings | $673 |
Printing and publications | $0 |
Other expenses | $181,163 |
Total operating and administrative expenses | $2,772,990 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $2,772,990 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,459,574 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $252,471 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,290 |
Net Investments - land, buildings, equipment | $2,378 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $2,275 |
Total assets | $6,718,988 |
Accounts payable and accrued expenses | $102,875 |
Grants payable | $0 |
Deferred revenue | $807,427 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $910,302 |
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