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ROCHESTER PREP FOUNDATION INC

NEW YORK, NY · EIN 813293784 · Form 990 · FY2024 · NTEE B11 · Education · Medium ($1M-$10M)
revenue
$2.7M
expenses
$2.9M
net assets
$7.1M
employees
0
volunteers
2
program ratio
100%
mission · from form 990

ROCHESTER PREP FOUNDATION WAS FORMED TO SUPPORT ROCHESTER PREPARATORY CHARTER SCHOOLS, BOTH OPERATIONALLY AND IN CONNECTION WITH THE ACQUISITION AND DEVELOPMENT OF FACILITIES.

profile · synthesized from sources

ROCHESTER PREP FOUNDATION INC supports Rochester Preparatory Charter Schools through operational assistance and the acquisition or development of school facilities. The organization operates in New York and is focused on advancing educational opportunities by ensuring stable and suitable infrastructure for charter school operations. Its mission centers on enabling effective schooling through strategic facility investments and operational support.

named programs · 2 · from sources

What they call their work

Facilities Acquisition and Development
Acquires, develops, and maintains physical facilities for Rochester Preparatory Charter Schools to ensure safe and effective learning environments.
Operational Support for Charter Schools
Provides ongoing operational assistance to Rochester Preparatory Charter Schools, enabling consistent and high-quality educational programming.
activities · 1 group

What they do

  • Charter School Facilities Support 1 activity
    • Supports charter schools with operational and facility development
      Provides operational support and assistance in acquiring and developing facilities for Rochester Preparatory Charter Schools.
financials · form 990 · fy2024
revenue
Total revenue$2.72M
Contributions & grants$309K11%
Program service revenue$2.27M83%
Investment income$143K5%
Other revenue$0
expenses
Total expenses$2.93M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$309K
Largest expense lineFacilities
balance sheet
Total assets$38.73M
Cash$1.20M
Investments$0
Liabilities$31.64M
Net assets$7.09M
Liquid reserves4.9 mo
6 years on record · 2019–2024 · YoY revenue +10.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
BRETT PEISER DIRECTOR/CO-CEO 1 $738K
JOHN POWELL CFO 1 $329K
PEGGY LIAO SENIOR DIRECTOR, FP&A 1 $205K
board members · 2
  • NORMAN ATKINS — DIRECTOR
  • RONDO MOSES — DIRECTOR
relationships · 1

Who they work with

  • Rochester Preparatory Charter Schools Partner — Primary beneficiary of operational and facilities 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.