Nonprofit screen
Screen a listAsu Preparatory Academy Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$83Mrevenue
FY2025 · +2% in 3 yrs1,025staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−5.4%
Months of reserve0.7mo
Revenue growth (annualized)+19.7%
Middle half of peersMedianAsu Preparatory Academy
Where the money goes FY2025 · $87M spent
Programs$60M69%Management and general$27M31%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$1.5M in FY2023, −$5.5M in FY2024 and −$4.5M in FY2025. Cash covers 0.7 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor3
Strong governance
4 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 20% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 9 of its 9 returns, 93% of revenue in FY2025. $1.8M is traced federal awards from Department of Education.
990 Part VIII · USAspending21funders
$601ka year, last 3 years
57%from its largest funder
Funder’17’18’19’20’21’22’23Arizona State University Foundation for a New American UniversityOn and off$1.9M$2.1M$568k$1.0M$85k$272kA for ArizonaOn and off$75k$950kWalton Family Foundation IncStopped after FY2021$281k$281k–New Schools FundOn and off$255kThe Aspen Institute IncOn and off$125kSamata - Equal Footing - Foundation IncNew in FY2023$70kDonor-advised giftsDonors not disclosed$1k$5k$35$104$83$70k3 other fundersUp to $10k a year each$10k$8k$500
FundedThrough a donor-advised fundStopped