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FRIENDS OF PROSPECT SCHOOLS NY INC

BROOKLYN, NY · EIN 825209932 · Form 990 · FY2024 · NTEE B12 · Education · Large ($10M-$50M)
revenue
$19.2M
expenses
$18.5M
net assets
$2.2M
employees
0
volunteers
3
program ratio
96%
mission · from form 990

TO SUPPORT THE OPERATIONS OF BROOKLYN PROSPECT CHARTER SCHOOL.

profile · synthesized from sources

FRIENDS OF PROSPECT SCHOOLS NY INC is a nonprofit organization based in Brooklyn, NY, established to support the operations of Brooklyn Prospect Charter School. The organization provides financial and operational backing to enable the charter school to serve students in the Brooklyn area. Its primary activity is enabling the functioning of a public charter school through dedicated support.

named programs · 1 · from sources

What they call their work

School Operations Support
Provides financial and operational resources to Brooklyn Prospect Charter School to support its educational programs, staffing, and facilities
activities · 1 group

What they do

  • Charter School Facilities Support 1 activity
    • Support operations of Brooklyn Prospect Charter School
      Provides operational support to Brooklyn Prospect Charter School, enabling its educational programs and services.
financials · form 990 · fy2024
revenue
Total revenue$19.24M
Contributions & grants$00%
Program service revenue$19.24M100%
Investment income$30%
Other revenue$0
expenses
Total expenses$18.47M
Program expenses96%
Admin / overhead4%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$200.20M
Cash$782K
Investments$0
Liabilities$197.99M
Net assets$2.22M
Liquid reserves0.5 mo
6 years on record · 2019–2024 · YoY revenue +12.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
HILLARY PRINCE CFO 1 $294K
board members · 3
  • CHRISTINA DE ROSE — TREASURER
  • DANIEL RUBENSTEIN — CHAIR
  • DAVID VON SPRECKELSEN — SECRETARY
relationships · 1

Who they work with

  • Brooklyn Prospect Charter School Partner — Partner organization whose operations are supported.
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.