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Massachusetts · Nonprofit

FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC

FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC (Massachusetts) receives grants from 11 organizations whose IRS filings report $2,669,317 to it, the largest being STRATEGIC GRANT PARTNERS INC ($1,500,000). 7 of them have funded it in more than one year.

Revenue FY2025
$963k
Funders on record
11
Grants received
$2.7M
Net assets
$2.3M
7/11 repeat funderspeak grant-dependency 82%
01What it does

What Friends of Springfield Preparatory Charter School Inc does

Mission

The friends of springfield preparatory charter school ("the friends of spcs") is a charitable organization that raises funds to support the success of springfield preparatory charter school ("springfield prep").

As stated on its FY2025 Form 990.

Program

  1. The friends of springfield prep (friends) is incorporated as a not-for-profit organization in massachusetts. It works closely with the executive director of springfield prep to coordinate the school's short-term and long-term fund development plan. All funds raised through the efforts of the friends of spcs are used to directly further the mission of springfield prep. In 2020, friends purchased a property to renovate and become the long-term home for spcs. In 2020, springfield prep realty, inc. Was incorporated as an additional supporting organization of spcs. Friends transferred the property at 2071 roosevelt avenue to springfield prep realty, inc. Spcs took occupancy of the newly renovated property in august 2021, and construction is now completed.

    $643,107 spentof which $275,794 as grants$492,615 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $643,107.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($12k) Expenses 100 ($882) Net assets 100 ($65k)2018 Revenue 234 ($28k) Expenses 269 ($2k) Net assets 140 ($91k)2019 Revenue 1616 ($196k) Expenses 4401 ($39k) Net assets 382 ($248k)2020 Revenue 18291 ($2.2M) Expenses 57419 ($506k) Net assets 3019 ($2.0M)2021 Revenue 7210 ($875k) Expenses 161909 ($1.4M) Net assets 2167 ($1.4M)2022 Revenue 4746 ($576k) Expenses 43391 ($383k) Net assets 2464 ($1.6M)2023 Revenue 6253 ($758k) Expenses 49616 ($438k) Net assets 2958 ($1.9M)2024 Revenue 6006 ($729k) Expenses 69736 ($615k) Net assets 3133 ($2.0M)2025 Revenue 7937 ($963k) Expenses 76340 ($673k) Net assets 3578 ($2.3M)
'17'18'19'20'21'22'23'24'25
Revenue (7937)Expenses (76340)Net assets (3578)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $332k to $7.0M (+2020%).

$66k
$94k
$332k
$7.0M
$13M
$17M
$17M
$16M
$16M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

47% of FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC’s revenue is contributions — about as donation-reliant as the typical peer (87% for the typical peer).

This organization
Typical peer · 7,828 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$11k
’17
$26k
’18
$157k
’19
$1.7M
’20
−$553k
’21
$193k
’22
$321k
’23
$114k
’24
$289k
’25
25
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed555566
Joined·+0+0+0+3+0
No longer listed·00020
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 5 funders, grant income fell $160k → $112k.

4 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC leans on a few funders — its largest provides 56% of grant income and the top three 80%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

56%
largest funder
80%
top three
~3
effective funders

Largest funder’s share by year: 2019 63% · 2020 85% · 2021 59% · 2022 96% · 2023 45% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

17% of FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

95% of FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC's grant income comes from Massachusetts funders.

NY
MA
CO

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $299k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC holds deeper cash reserves than three-quarters of the 4,237 philanthropy nonprofits its size.

Operating margin30% · above the median
Months of reserve24.9mo · top quartile
Revenue growth (annualized)73% · top quartile

this organization peer median middle 50% of peers· 4,237 philanthropy nonprofits $100k–$1M, FY2025

Organizations like FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

5
board members
80%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

37%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 2 related entities

  • Springfield Preparatory Charter School · exempt
  • Springfield Prep Realty Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC?
FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC (Massachusetts) receives grants from 11 organizations whose IRS filings report $2,669,317 to it, the largest being STRATEGIC GRANT PARTNERS INC ($1,500,000). 7 of them have funded it in more than one year.
How many funders does FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC have?
IRS filings report 11 organizations giving $2,669,317 in grants to FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC, 7 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC?
STRATEGIC GRANT PARTNERS INC is the largest funder on record, with $1,500,000 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing