From public IRS filings
PREP PUBLIC SCHOOLS
CHATTANOOGA, TN · Education
Mission
PREP PUBLIC SCHOOLS IS AN ALL-BOYS PUBLIC CHARTER SCHOOL WITH A MISSION TO ENGAGE YOUNG MEN IN A RIGOROUS YET SUPPORTIVE LEARNING ENVIRONMENT THAT NURTURES RESILIENCE, PROMOTES ACADEMIC EXCELLENCE, INSPIRES LEADERSHIP, AND PREPARES CRITICAL THINKERS. PREP PUBLIC SCHOOLS WELCOMED ITS FIRST CLASS OF 66 SIXTH GRADERS IN AUGUST 2018 AND WILL GROW TO SERVE 350 YOUNG MEN IN GRADES 6-12 OVER THE NEXT SEVEN YEARS.
Financials (IRS Form 990)
Total revenue
$6.7M
Total expenses
$7.3M
Total assets
$3M
Program expense ratio
6703%
Source: IRS Form 990, tax year 2022.
Who funds PREP PUBLIC SCHOOLS
$2.5M in foundation grants on record from 9 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Tennessee State Collaborative on Reforming Education | $1.1M | 2 |
| Charter Fund Inc D/B/A Charter School Growth Fund | $886K | 3 |
| Friends of Chattanooga Prep | $384K | 3 |
| Community Foundation of Greater Chattanooga | $294K | 10 |
| National Philanthropic Trust | $151K | 1 |
| Gs Donor Advised Philanthropy Fund for Wealth Management | $100K | 2 |
| Chattanooga Christian Community Foundation | $92K | 1 |
| United Way of Greater Chattanooga | $76K | 3 |
| Howard Fund | $25K | 2 |
| Impactassetsinc | $25K | 1 |
Leadership
AARON WEBB — TREASURER (Principal officer)
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