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PROSPECT SCHOOLS INC
BROOKLYN, NY · EIN 331174065 · Form 990 · FY2024 · NTEE B122 · Education · Large ($10M-$50M)
revenue
$12.0M
expenses
$11.1M
net assets
$2.3M
employees
61
volunteers
25
program ratio
84%
mission · from form 990

TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES TO BROOKLYN PROSPECT CHARTER SCHOOL AND TO RAISE FUNDS IN SUPPORT OF THE SCHOOL.

profile · synthesized from sources

Nonprofit organization based in Brooklyn, NY that provides comprehensive management services to Brooklyn Prospect Charter School and raises funds in support of the school. Operates as a support entity for a single charter school, focusing on administrative and financial oversight as well as resource development. Active in the public education sector with an emphasis on charter school sustainability.

named programs · 2 · from sources

What they call their work

Fundraising and Development
Conducts fundraising activities to raise supplemental funds in support of the charter school
School Management Services
Provides administrative, financial, and operational management support to Brooklyn Prospect Charter School
activities · 2 groups

What they do

  • Charter School Facilities Support 1 activity
    • Providing comprehensive management services to a charter school
      Offers comprehensive management services to Brooklyn Prospect Charter School, ensuring operational and administrative support for the institution's functions.
  • Public School Support Fundraising 1 activity
    • Raising funds for a charter school
      Conducts fundraising activities in support of Brooklyn Prospect Charter School to secure financial resources for its operations and programs.
financials · form 990 · fy2024
revenue
Total revenue$12.01M
Contributions & grants$1.68M14%
Program service revenue$10.31M86%
Investment income$1K0%
Other revenue$23K
expenses
Total expenses$11.09M
Program expenses84%
Admin / overhead12%
Fundraising4%
Salaries & benefits$7.99M
Grants paid out$525K
Largest expense lineCompensation
balance sheet
Total assets$5.81M
Cash$1.66M
Investments$0
Liabilities$3.55M
Net assets$2.26M
Liquid reserves1.8 mo
6 years on record · 2019–2024 · YoY revenue +12.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 10
NameTitleHours/wkCompensation
TRESHA WARD CHIEF EXECUTIVE OFFICER 50 $357K
HILLARY PRINCE CHIEF FINANCIAL OFFICER 50 $294K
YEHONATAN SAMUEL-SIEGEL CHIEF OPERATING OFFICER 50 $277K
PAUL ASTUTO CHIEF OF STAFF 50 $262K
NOAH HELLMAN DEPUTY CHIEF OF SCHOOLS 40 $235K
KECIA CLARK CHIEF ACADEMIC OFFICER 50 $229K
SARAH ANN CANEY DEPUTY CHIEF OF SCHOOLS 40 $212K
STACY-ANN BRISSETT-ROSE DEPUTY CHIEF OF SCHOOLS 40 $184K
TINA DASS DIRECTOR OF SCHOOL OPERATIONS 40 $171K
SOUNG HO PARK DIRECTOR OF FINANCE 40 $140K
board members · 5
  • AHMED HAQUE — VICE CHAIR
  • ELDRIDGE GILBERT III — TRUSTEE
  • KATE WALKER — TREASURER
  • PENNY MARZULLI — CHAIR/ SECRETARY
  • STEPHEN BAILEY — TRUSTEE
relationships · 1

Who they work with

  • BROOKLYN PROSPECT CHARTER SCHOOL Partner — Receives comprehensive management services and fundraising support
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Centralized Management and Fundraising Support
    methodology: centralized_management
    By providing centralized management and dedicated fundraising operations, we enable charter schools to focus on educational delivery and improve institutional stability, because offloading administrative and financial burdens increases operational efficiency and resource availability.