Nonprofit screen
Screen a listProspect Schools 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)
$12Mrevenue
FY2025 · +82% in 3 yrs61staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin7.7%
Months of reserve1.8mo
Revenue growth (annualized)+32.0%
Middle half of peersMedianProspect Schools
Where the money goes FY2025 · $11M spent
Programs$9.3M84%Management and general$1.3M12%Fundraising$455k4%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 80% in FY2023
$653k in FY2021, $131k in FY2023.
990 Part VIIIDeficits in 2 of the last 3 years
−$231k in FY2023 and −$572k in FY2024. Cash covers 1.8 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor2
Strong governance
5 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 32% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort25funders
$710ka year, last 3 years
41%from its largest funder
Funder’17’18’19’20’21’22’23Charter Fund Inc D/B/A Charter School Growth FundSince FY2019$40k$1.1M$50k$269k$546kWalton Family Foundation IncOn and off$454k$284k$405k50can IncNew in FY2023$463kThe Howard Bayne FundSince FY2020$15k$15k$15k$15kThe Broad CenterStopped after FY2020$15k$15k$15k–Buckeye FoundationOn and off$5kDonor-advised giftsDonors not disclosed$8k$14k$19k$29k11 other fundersUp to $3k a year each$750$900$1k$2k$1k$5k$722
FundedThrough a donor-advised fundStopped