Asu Preparatory Academy

Organization Overview

Asu Preparatory Academy is located in Tempe, AZ. The organization was established in 2008. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Asu Preparatory Academy employed 822 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asu Preparatory Academy 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, Asu Preparatory Academy generated $66.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $54.4m during the year ending 06/2021. While expenses have increased by 19.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO AFFORD STUDENTS AN OPTIMUM ENVIRONMENT FOR LEARNING, HELP THEM ACHIEVE THEIR POTENTIAL AND ENSURE THE APPROPRIATE LEVEL OF COLLEGE READINESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION - THE SCHOOL SERVED APPROXIMATELY 3,100 STUDENTS IN GRADES PRE-SCHOOL THROUGH 12 FOR THE FISCAL YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Anna Battle
Head Of Scho
$219,402
Lisa Edgar
Chief Ptnrsh
$177,154
Derrick Greer
Chief Tech O
$138,900
Forrest Valora
Finance/budg
$125,841
Jill May Rogier
Head Of Scho
$125,582
Robert Todd Jones
Sr VP Of Str
$106,419

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ethan's Cleaning Solution
Cleaning
$334,760
Sarah Rich
Consulting
$234,356
Trinity 3 Llc
Technology
$174,527
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $63,621,428
All other contributions, gifts, grants, and similar amounts not included above$1,146,810
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$64,768,238
Total Program Service Revenue$1,800,261
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$586,745
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $66,068,953

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Asu Preparatory Academy has recieved totaling $366,066.

Awarding OrganizationAmount
Walton Family Foundation Inc

Bentonville, AR

PURPOSE: TO SUPPORT ASU'S DIGITAL PREP TO FURTHER DEVELOP ITS MODEL, BUILD AND TEST NEW TECHNOLOGIES, AND ASSESS PLANS TO SCALE.

$280,811
$85,151
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$104
View Grant Recipient Profile

Peer Organizations

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