First Philadelphia Preparatory Charter School

Organization Overview

First Philadelphia Preparatory Charter School is located in Philadelphia, PA. The organization was established in 2002. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, First Philadelphia Preparatory Charter School employed 215 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Philadelphia Preparatory Charter School 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 06/2022, First Philadelphia Preparatory Charter School generated $34.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $29.4m during the year ending 06/2022. While expenses have increased by 5.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A HIGH QUALITY PUBLIC EDUCATION FOR STUDENTS IN GRADES K-12 IN THE CITY OF PHILADELPHIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL IS A CHARTER SCHOOL IN THE CITY OF PHILADELPHIA, PENNSYLVANIA, WHICH PROVIDES EDUCATIONAL INSTRUCTION TO STUDENTS FROM GRADES K THROUGH 12.


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Board, Officers & Key Employees

Name (title)Compensation
Deborah Smith
CEO
$144,422
Karin Y Coger
Vice President
$0
Anita Vega-Kaiser
President
$0
Teresa V Grumbrecht
Treasurer
$0
Barbara Saunders
Secretary
$0
Teeyona Crumpton
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Brett Dinovi Associates Llc
Professional Service
$563,476
Independence Blue Cross
Insurance Services
$866,699
American Paradigm Schools
Management Services
$1,908,268
Veris Benefits Consortium
Insurance Services
$819,838
Kokua
Substitute Services
$604,112
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,295,291
All other contributions, gifts, grants, and similar amounts not included above$34,000
Noncash contributions included in lines 1a–1f $81,982
Total Revenue from Contributions, Gifts, Grants & Similar$6,329,291
Total Program Service Revenue$27,358,846
Investment income $316
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 $34,220,830

Grants Recieved

Over the last fiscal year, we have identified 2 grants that First Philadelphia Preparatory Charter School has recieved totaling $62,555.

Awarding OrganizationAmount
Elevate 215

Philadelphia, PA

PURPOSE: Chromebooks

$52,555
Share Our Strength

Washington, DC

PURPOSE: CHILDHOOD HUNGER PROGRAMS

$10,000
View Grant Recipient Profile

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