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CAMDEN PREP FOUNDATION INC
NEW YORK, NY · EIN 813286453 · Form 990 · FY2024 · NTEE B11 · Education · Medium ($1M-$10M)
revenue
$7.9M
expenses
$9.1M
net assets
$12.3M
employees
0
volunteers
3
program ratio
100%
mission · from form 990

CAMDEN PREP FOUNDATION WAS FORMED TO SUPPORT CAMDEN PREP INC. OF CAMDEN, BOTH OPERATIONALLY AND IN CONNECTION WITH THE ACQUISITION AND DEVELOPMENT OF FACILITIES.

profile · synthesized from sources

CAMDEN PREP FOUNDATION INC is a nonprofit organization based in New York that exists to support Camden Prep Inc. of Camden, primarily through operational assistance and the acquisition and development of educational facilities. The foundation operates in the education sector, focusing on enabling the infrastructure and functionality of a preparatory school. Its mission centers on institutional support rather than direct public programming.

named programs · 2 · from sources

What they call their work

Facilities Acquisition and Development
Engages in the acquisition, construction, and improvement of educational facilities for Camden Prep Inc.
Operational Support
Provides operational backing to Camden Prep Inc, including administrative and financial resources.
activities · 1 group

What they do

  • Charter School Facilities Support 1 activity
    • Operational and facilities development support for Camden Prep Inc.
      Provides operational support and assistance with the acquisition and development of facilities for Camden Prep Inc. in Camden.
financials · form 990 · fy2024
revenue
Total revenue$7.91M
Contributions & grants$1.83M23%
Program service revenue$5.36M68%
Investment income$564K7%
Other revenue$157K
expenses
Total expenses$9.06M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$1.83M
Largest expense lineFacilities
balance sheet
Total assets$116.35M
Cash$6.28M
Investments$0
Liabilities$104.00M
Net assets$12.35M
Liquid reserves8.3 mo
6 years on record · 2019–2024 · YoY revenue +8.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
BRETT PEISER DIRECTOR/CO-CEO 1 $738K
JOHN POWELL SENIOR VICE PRESIDENT 1 $329K
PEGGY LIAO SENIOR VICE PRESIDENT 1 $205K
board members · 3
  • BROOKE REID — DIRECTOR
  • NORMAN ATKINS — DIRECTOR
  • YVONNE CHAO — DIRECTOR
relationships · 1

Who they work with

  • CAMDEN PREP INC Partner — Primary beneficiary organization receiving operational and facilities-related support