University Preparatory Schools

Organization Overview

University Preparatory Schools, operating under the name University Prep Inc, is located in Denver, CO. The organization was established in 2016. 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, University Prep Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Prep 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 06/2022, University Prep Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 2.1% per year over the past 3 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

UNIVERSITY PREPARATORY SCHOOLS IS A CHARTER SCHOOL MANAGEMENT ORGANIZATION. IT'S MISSION IS TO PROVIDE CENTRALIZED COST -SAVINGS MANAGEMENT SERVICES AND EXCEPTIONAL EDUCATION PROGRAMS TO MULTIPLE CHARTER SCHOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICE COSTS INCLUDE ALL COSTS NECESSARY TO MANAGE AND PROVIDE SERVICES TO THE NETWORK SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
Cuneyt Akay
Trustee
$0
Recardo Brooks
Trustee
$0
Brenna Copeland
Trustee
$0
Emily Eikelberner
Trustee
$0
Tracey Lovett
Trustee
$0
Nicholas Martinez
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$67,500
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$223,671
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$291,171
Total Program Service Revenue$949,169
Investment income $12
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 $1,260,661

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