irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $2.29MQUALIFYING CONEY ISLAND PREP STUDENTS ARE PROVIDED WITH SUPPORT WITH POST-SECONDARY TUITION COSTS.
named programs · 2 · from sources
What they call their work
Emergency Family Grants
Distributes emergency grants to Coney Island Prep families affected by COVID-19, as recommended by school leaders
Post-Secondary Tuition Support
Provides financial assistance to qualifying Coney Island Prep students for college tuition costs
activities · 2 groups
What they do
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Direct Financial Assistance to Individuals 1 activity
- Providing emergency grants to families affected by COVID-19Provides emergency grants to Coney Island Prep families in need who were affected by COVID-19, as recommended by school leaders.
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Local High School Scholarship Programs 1 activity
- Providing financial support for post-secondary tuition costsProvides financial support for post-secondary tuition costs to qualifying Coney Island Prep students.
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financials · form 990 · fy2024
revenue
Total revenue$7.28M
Contributions & grants$4.03M55%
Program service revenue$2.79M38%
Investment income$474K7%
Other revenue$-22K
expenses
Total expenses$6.32M
Program expenses93%
Admin / overhead7%
Fundraising0%
Salaries & benefits$0
Grants paid out$2.36M
Largest expense lineFacilities
balance sheet
Total assets$26.74M
Cash$14.04M
Investments$4.43M
Liabilities$9.97M
Net assets$16.77M
Liquid reserves35.1 mo
6 years on record · 2019–2024 · YoY revenue +2.1%
leadership · form 990 part vii · fy2024
Who runs it
board members · 5
- CHRISTAPHER BENSON — TRUSTEE
- JACOB MNOOKIN — PRESIDENT
- KAREN JOHNSON — TRUSTEE
- LANSING DAVIS — TREASURER
- LESLIE-BERNARD JOSEPH — SECRETARY
strategies · 2
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.
- Post-Secondary Transition Support 387 orgsmethodology: post-secondary_transition_supportBy providing financial assistance for tuition to qualifying students, we increase access to higher education and support long-term student success, because financial barriers are a primary obstacle to college enrollment and completion.shared approach: Financial Barrier Reduction →
- School-Mediated Emergency Aid 11 orgsmethodology: school-mediated_emergency_aidBy leveraging school-based leadership networks to identify and deliver emergency financial aid, we ensure timely and accurate support to families in crisis, because trusted educational relationships improve targeting, reduce stigma, and increase uptake of assistance.shared approach: Referral-Driven Targeting →