Democracy Prep New York Charter Schools
88% goes to programs $12 to raise $100 Strong reserves
Democracy Prep New York Charter Schools is a 501(c)(3) organization based in Bronx, New York, registered in 2000, with $88,750,732 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
3872 3rd Ave, Bronx, NY, 10457 EIN 06-1581474 Since 2000
Revenue (FY2023)
$88.8M
▼ 16.0% vs prior year
Education median: $200K
Expenses (FY2023)
$84.4M
Net assets
$63.0M
Employees
773
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $12 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Democracy Prep New York Charter Schools: 88% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Democracy Prep New York Charter Schools: 9 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Democracy Prep New York Charter Schools: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Democracy Prep New York Charter Schools: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To educate scholars for success in the college of their choice and a life of active citizenship.
Contact & location
- Address
- 3872 3rd Ave, Bronx, NY, 10457
- City
- Bronx
- State
- New York
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $10.4M (FY2013) to $88.8M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $142.5MNet assets $63.0M
Operating margin
4.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$205.5M
Total liabilities
$142.5M
Net assets
$63.0M
Salaries & benefits
$45.4M
54% of expenses
Board members
14
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $88,750,732▼16.0% | $84,383,688▼19.7% | $62,998,339▲7.4% | $205,450,358▲0.5% | 990 |
| 2022 | $105,649,826▲20.0% | $105,030,809▲24.1% | $58,675,553▲1.1% | $204,509,273▲170% | 990 |
| 2021 | $88,075,996▲1.9% | $84,640,157▲20.1% | $58,056,536▲6.3% | $75,644,982▲12.0% | 990 |
| 2020 | $86,404,779▲6.7% | $70,483,997▲2.4% | $54,620,697▲41.1% | $67,527,043▲37.3% | 990 |
| 2019 | $80,941,433▲30.3% | $68,851,388▲15.4% | $38,699,915▲55.8% | $49,177,418▲52.6% | 990 |
| 2018 | $62,099,535▲453% | $59,661,114▲390% | $24,840,755▲75.8% | $32,227,198▲108% | 990 |
| 2016 | $11,222,818▲2.5% | $12,177,350▲4.7% | $14,129,547▼6.4% | $15,529,447▼2.2% | 990 |
| 2015 | $10,952,304▼9.1% | $11,636,163▼6.8% | $15,095,645▼4.3% | $15,886,293▼3.9% | 990 |
| 2014 | $12,051,912▲16.2% | $12,484,427▲2.1% | $15,779,504▲506% | $16,528,657▲387% | 990 |
| 2013 | $10,374,697 | $12,225,735▲9.4% | $2,603,942▼41.5% | $3,392,029▼27.3% | 990 |
| 2012 | — | $11,171,080▲0.8% | $4,454,980▼2.7% | $4,666,261▼5.6% | 990 |
| 2011 | — | $11,082,143 | $4,580,159▲1.4% | $4,944,317▲4.2% | 990 |
| 2010 | — | $11,083,934 | $4,514,888 | $4,744,502 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Gregory Daniel — $182,126 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gregory Daniel | Principal | 40 | $182,126 |
| Andre Geddes | Principal | 40 | $176,453 |
| Josef Robinson | Principal | 40 | $160,159 |
| Cassius Gil | Principal | 40 | $158,648 |
| Chelsey Palmer | Principal | 40 | $152,796 |
| Kaitlyn Derry | Principal | 40 | $152,246 |
| Bryan Stroud | Principal | 40 | $152,197 |
| Diana Anello | Principal | 40 | $146,192 |
| Nakita Green | Principal | 40 | $145,368 |
| Nikita Philpott | Principal | 40 | $143,988 |
| Briana Jones | Principal | 40 | $143,727 |
| Shanique Clement | Principal | 40 | $142,687 |
| Alastair Wood | Trustee | 5 | — |
| Brian Berger | Vice Chair & Treasurer | 5 | — |
| Brittany Buffaloe | Trustee | 5 | — |
| Douglas Snyder | Trustee | 5 | — |
| Drew Gannon Singh | Trustee | 5 | — |
| Dr Robert North | Board Chair | 10 | — |
| Fardida Ilboudo | Trustee | 5 | — |
| Gregory Weston | Trustee | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Democracy Prep Public Schools Inc | Charter Management | $13,747,166 |
| Summit Facility Solutions | Cleaning/maintenance | $1,061,487 |
| Dbi Projects LLC | Project Management | $315,871 |
| Pkf O'connor Davies LLP | Accounting Services | $204,500 |
Grants received · $2.8M total
4 grants to Democracy Prep New York Charter Schools totaling $2.8M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| 50can Inc | To support summer boost | 2024 | $920,000 |
| 50can Inc | To support summer boost | 2023 | $672,100 |
| 50can Inc | To support summerboost | 2022 | $1,184,985 |
| Rockefeller Philanthropy Advisors Inc | General | 2021 | $25,000 |
Similar organizations in Education
Education
Bank Street College of Education
New York, NY
$88.2M
Aannual revenue
Education
The Academy Charter School
Hempstead, NY
$87.8M
Bannual revenue
Education
Uncommon Schools Inc
New York, NY
$90.3M
Aannual revenue
Education
Brooklyn Law School
Brooklyn, NY
$90.4M
Bannual revenue
Education
Hartwick College
Oneonta, NY
$87.0M
Aannual revenue
Education
Mount Saint Mary College
Newburgh, NY
$86.2M
Aannual revenue
Education
Trinity Episcopal Schools Corporation
New York, NY
$86.0M
Aannual revenue
Education
Manhattanville College
Purchase, NY
$85.6M
Aannual revenue
Education
Daemen University
Amherst, NY
$92.5M
A+annual revenue
Education
Columbia Grammar & Preparatory School
New York, NY
$92.7M
Aannual revenue
Compare Democracy Prep New York Charter Schools
Frequently asked questions
- Is Democracy Prep New York Charter Schools a legitimate nonprofit?
- Yes. Democracy Prep New York Charter Schools is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1581474, based in Bronx, New York. Donations are tax-deductible.
- What is Democracy Prep New York Charter Schools's EIN?
- Democracy Prep New York Charter Schools's Employer Identification Number (EIN) is 06-1581474.
- How much revenue does Democracy Prep New York Charter Schools report?
- Democracy Prep New York Charter Schools reported $88,750,732 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Democracy Prep New York Charter Schools's spending goes to programs?
- Democracy Prep New York Charter Schools spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Democracy Prep New York Charter Schools have?
- CharityIndex grades Democracy Prep New York Charter Schools A, based on program efficiency and fundraising cost.
- How much does Democracy Prep New York Charter Schools's highest-paid employee make?
- The highest reported compensation on Democracy Prep New York Charter Schools's latest Form 990 is $182,126, paid to Gregory Daniel (Principal).
More nonprofits in Bronx
Explore more
Data for Democracy Prep New York Charter Schools (EIN 06-1581474) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.