California · Nonprofit
PERSEVERANCE PREPARATORY INC CASE #23-51070
PERSEVERANCE PREPARATORY INC CASE #23-51070 (California) receives grants from 5 organizations whose IRS filings report $629,861 to it, the largest being SILICON SCHOOLS FUND INC ($557,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $42k
- Funders on record
- 5
- Grants received
- $630k
- Net assets
- $-336084
What Perseverance Preparatory Inc Case #23-51070 does
Mission
On 9/20/2023, the organization filed bankruptcy in san jose, california under the provisions of chapter 7 of the bankruptcy code and was assigned case number 23-51070.note that the organization is inactive. The trustee is appointed by the bankruptcy court to administer the estate. This tax return has been prepared based on an analysis of all information including the trustee transactions during the administration of the case.due to limited resources and insufficient access to information, not all of the information requested can be provided.
As stated on its FY2025 Form 990.
Program
Note that the organization is inactive. The trustee is appointed by the bankruptcy court to administer the estate. This tax return has been prepared based upon an analysis of all available information including the oranization's accounting records, and trustee transactions during the administration of the case.due to limited resources and insufficient access to information, not all of the information requested can be provided.
The program described on its FY2024 Form 990.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.
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 $210k to $511k (+143%).
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.
Government-grant reliance: 2019 99% · 2020 58% · 2021 82% · 2022 94% · 2024 100%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $50k → $31.
3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 PERSEVERANCE PREPARATORY INC CASE #23-51070’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
PERSEVERANCE PREPARATORY INC CASE #23-51070 leans on a few funders — its largest provides 88% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PERSEVERANCE PREPARATORY INC CASE #23-51070.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 73% · 2021 68% · 2022 89% · 2023 100% — broadly stable.
“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.
Where its funders are
100% of PERSEVERANCE PREPARATORY INC CASE #23-51070's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $18k 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.
Organizations like PERSEVERANCE PREPARATORY INC CASE #23-51070
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 California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
0% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for PERSEVERANCE PREPARATORY INC CASE #23-51070: 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.
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 PERSEVERANCE PREPARATORY INC CASE #23-51070?
- PERSEVERANCE PREPARATORY INC CASE #23-51070 (California) receives grants from 5 organizations whose IRS filings report $629,861 to it, the largest being SILICON SCHOOLS FUND INC ($557,000). 3 of them have funded it in more than one year.
- How many funders does PERSEVERANCE PREPARATORY INC CASE #23-51070 have?
- IRS filings report 5 organizations giving $629,861 in grants to PERSEVERANCE PREPARATORY INC CASE #23-51070, 3 of which have funded it in more than one year.
- Who is the largest funder of PERSEVERANCE PREPARATORY INC CASE #23-51070?
- SILICON SCHOOLS FUND INC is the largest funder on record, with $557,000 in grants. The full list of funders is on this page.
- How can an organization like PERSEVERANCE PREPARATORY INC CASE #23-51070 find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Perseverance Preparatory Inc Case #23-51070 →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 5 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