Life Prep

Organization Overview

Life Prep is located in St Paul, MN. The organization was established in 1998. 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 06/2021, Life Prep employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Prep 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, Life Prep generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $3.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. 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

TO PREPARE THE STUDENTS ENROLLED FOR A LIFE OF SUCCESS FOR STUDENTS PRESCHOOL - GRADE 6.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL SERVICES


FOOD SERVICES


PRESCHOOL AND BEFORE AFTERCARE PROGRAM


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Board, Officers & Key Employees

Name (title)Compensation
Leah Jones
Director
$96,566
Christine Obemueller
Member
$48,213
Katie Schlosser
Member
$44,280
Michael Day
Vice Chair
$0
Nou Yang
Board Chair
$0
Pang Vang
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Monarch Bus Service
Student Transportation
$279,511
Caravan Kids Catering
Food Service
$241,771
Family Achievement Center
Special Ed Services
$235,343
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,901,637
All other contributions, gifts, grants, and similar amounts not included above$62,561
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,964,198
Total Program Service Revenue$0
Investment income $0
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 $3,964,198

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Life Prep has recieved totaling $6,020.

Awarding OrganizationAmount
Think Small

Saint Paul, MN

PURPOSE: FINANCIAL SUPPORTS TO EARLY CHILDCARE PROVIDERS, INCLUDING SCHOLARSHIPS AND/OR GRANTS

$6,020
View Grant Recipient Profile

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