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D C PREPARATORY ACADEMY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
D C PREPARATORY ACADEMY (EIN 02-0550253)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-11
IRS object ID
202621319349302962
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-11T11:46:52-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN881478669PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11899 L STREET NW 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020550253EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DC PREPARATORY ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDCPRBusinessNameControlTxt
Phone2026354590PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12330 POMEROY ROAD SEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20020ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAURA MAESTASPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone2026354590PhoneNum
Signature2026-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSARA SMITHPreparerPersonNm
PTINP01332734PTIN
Phone2022274000PhoneNum
Preparation2026-05-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerLAURA MAESTASPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12330 POMEROY ROAD SEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20020ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$80,741,330GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.DCPREP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionDC PREP IS A NETWORK OF PUBLIC CHARTER SCHOOLS SERVING PK3-8TH GRADE STUDENTS IN WASHINGTON, DC.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee519TotalEmployeeCnt
Total Volunteers85TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$63,475,084PYContributionsGrantsAmt
CY Contributions Grants$68,298,238CYContributionsGrantsAmt
PY Program Service Revenue$2,891,253PYProgramServiceRevenueAmt
CY Program Service Revenue$1,929,763CYProgramServiceRevenueAmt
PY Investment Income$1,672,144PYInvestmentIncomeAmt
CY Investment Income$2,895,720CYInvestmentIncomeAmt
PY Other Revenue-$33,946PYOtherRevenueAmt
CY Other Revenue$7,558,306CYOtherRevenueAmt
PY Total Revenue$68,004,535PYTotalRevenueAmt
CY Total Revenue$80,682,027CYTotalRevenueAmt
PY Grants And Similar Paid$391,166PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$25,443CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$45,067,703PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$44,137,295CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$443,989CYTotalFundraisingExpenseAmt
PY Other Expenses$21,312,615PYOtherExpensesAmt
CY Other Expenses$22,017,796CYOtherExpensesAmt
PY Total Expenses$66,771,484PYTotalExpensesAmt
CY Total Expenses$66,180,534CYTotalExpensesAmt
PY Revenues Less Expenses$1,233,051PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$14,501,493CYRevenuesLessExpensesAmt
Total Assets BOY$119,804,392TotalAssetsBOYAmt
Total Assets EOY$154,983,290TotalAssetsEOYAmt
Total Liabilities BOY$79,018,807TotalLiabilitiesBOYAmt
Total Liabilities EOY$98,188,102TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$40,785,585NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$56,795,188NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionDC PREP'S MISSION IS TO BRIDGE THE EDUCATIONAL DIVIDE IN WASHINGTON, DC BY INCREASING THE NUMBER OF STUDENTS FROM UNDERSERVED COMMUNITIES WITH THE ACADEMIC PREPARATION AND PERSONAL CHARACTER TO SUCCEED IN COMPETITIVE HIGH SCHOOLS AND COLLEGES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$55,562,312ExpenseAmt
Grant$25,443GrantAmt
Revenue$1,929,763RevenueAmt
DescAT DC PREP, OUR VISION IS THAT EVERY CHILD WILL BE PREPARED ACADEMICALLY AND SOCIALLY FOR A SUCCESSFUL FUTURE. WE HAVE BIG DREAMS FOR OUR STUDENTS AND MAKE THOSE DREAMS A REALITY THROUGH DAILY EFFORT, FOCUS, AND SUPPORT OF ONE ANOTHER AND OUR STUDENTS AND FAMILIES. DC PREP CURRENTLY OPERATES SIX TUITION-FREE PUBLIC CHARTER SCHOOLS THAT ARE OPEN TO ANY CHILD IN WASHINGTON, ENROLLING MORE THAN 2,100 STUDENTS IN GRADES PRESCHOOL THROUGH 8TH GRADE. HISTORICALLY, 89% OF DC PREP STUDENTS ARE AFRICAN-AMERICAN AND 8% ARE HISPANIC; OVER 65% OF STUDENTS ARE CONSIDERED "AT RISK" BECAUSE THEY ARE HOMELESS, IN FOSTER CARE, OR THEIR FAMILIES QUALIFY FOR GOVERNMENT ASSISTANCE.DC PREP HAS A TWIN FOCUS ON HIGH-QUALITY, RIGOROUS ACADEMICS AND HOLISTIC SOCIAL-EMOTIONAL GROWTH. DURING OUR 22 YEARS AS A CHARTER NETWORK, WE HAVE ACHIEVED SIGNIFICANT RESULTS ACROSS STUDENT OUTCOMES (INCLUDING ALUMNI SUCCESS), QUALITY REPORTS, AND AWARDS AND RECOGNITIONS. IN OUR 22-YEAR HISTORY, DC PREP HAS CONSISTENTLY BEEN AMONG THE HIGHEST PERFORMING NETWORKS OF PUBLIC CHARTER SCHOOLS IN OUR NATION'S CAPITAL. EACH YEAR, DC PREP CAMPUSES ARE RECOGNIZED BY LOCAL NONPROFIT EMPOWERK12 FOR OUTSIZED ACADEMIC GAINS AMONG ITS AT-RISK STUDENTS. IN 2024, ANACOSTIA MIDDLE CAMPUS AND EDGEWOOD MIDDLE CAMPUS WERE NAMED EMPOWERK12 BOLD PERFORMANCE SCHOOLS. ALL THREE MIDDLE CAMPUSES WERE RECOGNIZED BY THE DC MATH HUB AND EMPOWER K12 IN THEIR 2024 DC MATH REPORT FOR FASTEST GROWING MATH SCORES CITYWIDE. ONE-HUNDRED PERCENT OF OUR ALUMNI HAVE BEEN ACCEPTED TO A COLLEGE-PREPARATORY HIGH SCHOOL, EARNING A CUMULATIVE $13 MILLION IN SCHOLARSHIP SUPPORT. OUR ALL-TIME HIGH SCHOOL GRADUATION RATE IS 94%, COMPARED TO THE CITYWIDE RATE OF 75%. OUR ALUMNI GRADUATE COLLEGE AT FOUR TIMES THE RATE OF THEIR PEERS, BOTH LOCALLY AND NATIONALLY.ALL DC PUBLIC CHARTER SCHOOLS MUST UNDERGO THE ACCREDITATION PROCESS EVERY FIVE YEARS TO REMAIN ELIGIBLE FOR OPERATION IN THE CITY. THE ACCREDITATION PROCESS IS CONDUCTED BY AN INDEPENDENT THIRD-PARTY ACCREDITATION ORGANIZATION TO EVALUATE AN LEA'S PERFORMANCE AGAINST A NUMBER OF PERFORMANCE STANDARDS EVALUATING LEADERSHIP, LEARNING, AND RESOURCE CAPACITY. IN ITS MOST RECENT ACCREDITATION REVIEW BY COGNIA, DC PREP EARNED AN INDEX OF EDUCATION QUALITY (IEQ) SCORE OF 387 OUT OF A POSSIBLE 400 POINTS. THE FIVE-YEAR AVERAGE OF INSTITUTIONS IN COGNIA'S ACCREDITATION NETWORK IS 278-283.Desc
Total Program Service Expenses$55,562,312TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document104IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee519EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VANESSA GONZALEZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2026354590PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12330 POMEROY ROAD SEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20020ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
PATRICK CLOWNEY
CHAIR5.00Yes (X)Yes (X)$0$0$0
HADLEY COOPER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JOHN BRADLEY
DIRECTOR AS OF 02/20251.00Yes (X)$0$0$0
COLLETTE BRUCE
DIRECTOR1.00Yes (X)$0$0$0
CHEVALIER CLEAVES
DIRECTOR1.00Yes (X)$0$0$0
LISA CULLINS
DIRECTOR1.00Yes (X)$0$0$0
LEROY TERRY EAKIN III
DIRECTOR1.00Yes (X)$0$0$01.00
MICHELA ENGLISH
DIRECTOR UNTIL 11/20241.00Yes (X)$0$0$0
DANIEL FINE
DIRECTOR1.00Yes (X)$0$0$0
AHMAD HAJJ
DIRECTOR1.00Yes (X)$0$0$01.00
TEMICA HUNT
DIRECTOR1.00Yes (X)$0$0$0
MERCEDES KEARNEY
DIRECTOR1.00Yes (X)$0$0$0
EMILY K LAWSON
DIRECTOR1.00Yes (X)$0$0$0
PAM STEPTOE
DIRECTOR1.00Yes (X)$0$0$0
PERRY SHURE
DIRECTOR1.00Yes (X)$0$0$0
RASHIDA YOUNG
DIRECTOR1.00Yes (X)$0$0$0
LAURA MAESTAS
CHIEF EXECUTIVE OFFICER40.00Yes (X)$265,659$0$14,5792.00
DANIEL ENGLENDER
COO & CFO40.00Yes (X)$237,654$0$20,7062.00
MAURA ENGLENDER
CHIEF TALENT OFFICER40.00$206,965$0$18,1070.00Yes (X)
ALIESHA MAYE
CHIEF OF SCHOOL OPERATIONS40.00$186,582$0$17,7750.00Yes (X)
VANESSA M GONZALEZ MAYOL
CHIEF DEVELOPMENT OFFICER40.00$152,533$0$16,0960.00Yes (X)
CASSIE PERGAMENT
CHIEF ACADEMIC OFFICER40.00$221,901$0$12,4090.00Yes (X)
KATIE SEVERN
SENIOR ADVISOR40.00$236,361$0$24,8110.00Yes (X)
EMMA BIVONA
MANAGING DIRECTOR OF SCHOOLS40.00$170,905$0$16,2800.00Yes (X)
MARY PENDLETON
SENIOR DIRECTOR OF PROGRAM40.00$171,302$0$10,3280.00Yes (X)
SHAUNTE EDMONDS
MANAGING DIRECTOR OF SCHOOLS40.00$171,235$0$7,7280.00Yes (X)
KATHERINE KUZMA
PRINCIPAL40.00$167,020$0$16,1040.00Yes (X)
DESIREE TUCKER OKAH-AVAE
PRINCIPAL40.00$160,084$0$12,5650.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,348,201TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$187,488TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K118IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MCN BUILD
1214 28TH STREET NWWASHINGTONDC20007CONSTRUCTION SERVICES$17,402,900
WHITSONS FOOD SERVICE (BRONX) CORP
1800 MOTOR PARKWAYISLANDIANY11749STUDENT FOOD SERVICES$1,891,863
END-TO-END SOLUTIONS FOR SPECIAL EDUCATI
15938 DERWOOD POADROCKVILLEMD20855SPECIAL EDUCATION SERVICES$1,204,771
PMM COMPANIES
714 G STREET SE SUITE 201WASHINGTONDC20003JANITORIAL AND FACILITIES MANAGEMENT SER$1,012,560
SCOOT EDUCATION INC
3839 MAIN STREETCULVER CITYCA90232SUBSTITUTE TEACHER SERVICES$677,835
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K20CntrctRcvdGreaterThan100KCnt
Fundraising$312,918FundraisingAmt
Government Grants$65,542,403GovernmentGrantsAmt
All Other Contributions$2,442,917AllOtherContributionsAmt
Noncash Contributions$31,211NoncashContributionsAmt
Total Contributions$68,298,238TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CAFETERIA REVENUE900099$1,781,760$1,781,760
E-RATE PROGRAM900099$89,988$89,988
CHILD DEVELOPMENT CNTR900099$43,304$43,304
MEDICAID PROGRAM900099$14,711$14,711
FieldValueIRS element (for citing)
Total Program Service Revenue$1,929,763TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,895,720TotalRevenueColumnAmt
Exclusion$2,895,720ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$14,628FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$312,918ContriRptFundraisingEventAmt
Fundraising Direct Expenses$59,303FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$44,675TotalRevenueColumnAmt
Exclusion-$44,675ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
GAIN ON NEW MARKET TAX900099$7,573,900$7,573,900
MISCELLANEOUS900099$29,081$29,081
FieldValueIRS element (for citing)
Other Revenue Total$7,602,981OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$80,682,027TotalRevenueColumnAmt
Related Or Exempt Func Income$1,929,763RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$10,454,026ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$25,443TotalAmt
Program Services$25,443ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,679,655TotalAmt
Program Services$311,509ProgramServicesAmt
Management And General$1,243,184ManagementAndGeneralAmt
Fundraising$124,962FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$35,332,247TotalAmt
Program Services$30,614,154ProgramServicesAmt
Management And General$4,614,914ManagementAndGeneralAmt
Fundraising$103,179FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$895,051TotalAmt
Program Services$761,619ProgramServicesAmt
Management And General$130,817ManagementAndGeneralAmt
Fundraising$2,615FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,192,377TotalAmt
Program Services$2,639,162ProgramServicesAmt
Management And General$533,198ManagementAndGeneralAmt
Fundraising$20,017FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,037,965TotalAmt
Program Services$2,553,974ProgramServicesAmt
Management And General$466,469ManagementAndGeneralAmt
Fundraising$17,522FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$122,009TotalAmt
Program Services$49,541ProgramServicesAmt
Management And General$72,468ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$595,274TotalAmt
Management And General$595,274ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$163,721TotalAmt
Program Services$1,394ProgramServicesAmt
Management And General$145,568ManagementAndGeneralAmt
Fundraising$16,759FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$776,814TotalAmt
Program Services$489,514ProgramServicesAmt
Management And General$272,503ManagementAndGeneralAmt
Fundraising$14,797FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$369,103TotalAmt
Program Services$309,322ProgramServicesAmt
Management And General$57,594ManagementAndGeneralAmt
Fundraising$2,187FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,785,474TotalAmt
Program Services$6,718,405ProgramServicesAmt
Management And General$55,932ManagementAndGeneralAmt
Fundraising$11,137FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,477,036TotalAmt
Program Services$3,251,370ProgramServicesAmt
Management And General$218,273ManagementAndGeneralAmt
Fundraising$7,393FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$486,048TotalAmt
Program Services$378,030ProgramServicesAmt
Management And General$104,067ManagementAndGeneralAmt
Fundraising$3,951FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DIRECT STUDENT COSTS$6,137,483$6,137,483
PROF. DEVELOPMENT$887,114$463,751$400,524$22,839
STAFF RELATED EXPENSES$773,490$532,631$228,924$11,935
AUTHORIZER FEES$637,664$637,664

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$806,566TotalAmt
Program Services$325,010ProgramServicesAmt
Management And General$396,860ManagementAndGeneralAmt
Fundraising$84,696FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$66,180,534TotalAmt
Program Services$55,562,312ProgramServicesAmt
Management And General$10,174,233ManagementAndGeneralAmt
Fundraising$443,989FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,747,741BOYAmt
EOY$615,936EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$27,731,506BOYAmt
EOY$53,684,947EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,750,185BOYAmt
EOY$1,761,687EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$650,221BOYAmt
EOY$567,694EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,995,691BOYAmt
EOY$1,789,114EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$118,299,348LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$31,806,281LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$71,272,400BOYAmt
EOY$86,493,067EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,317,165BOYAmt
EOY$3,186,039EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,339,483BOYAmt
EOY$6,884,806EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$119,804,392BOYAmt
EOY$154,983,290EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,319,841BOYAmt
EOY$11,495,790EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$51,553,662BOYAmt
EOY$85,787,713EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$23,145,304BOYAmt
EOY$30,812EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$873,787EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$79,018,807BOYAmt
EOY$98,188,102EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$40,253,934BOYAmt
EOY$54,571,744EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$531,651BOYAmt
EOY$2,223,444EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$40,785,585BOYAmt
EOY$56,795,188EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$119,804,392BOYAmt
EOY$154,983,290EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$14,501,493ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,592,653NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$3,100,763OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$47,794,694CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$52,281,061CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$57,471,605CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$63,475,084CurrentTaxYearMinus1YearAmt
Current Tax Year$68,298,238CurrentTaxYearAmt
Total$289,320,682TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$47,794,694CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$52,281,061CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$57,471,605CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$63,475,084CurrentTaxYearMinus1YearAmt
Current Tax Year$68,298,238CurrentTaxYearAmt
Total$289,320,682TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$289,320,682PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16,381CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,398CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$932,694CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,672,202CurrentTaxYearMinus1YearAmt
Current Tax Year$2,895,720CurrentTaxYearAmt
Total$5,546,395TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$47,503CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$59,284CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$120,665CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,352CurrentTaxYearMinus1YearAmt
Current Tax Year$7,602,981CurrentTaxYearAmt
Total$7,839,785TotalAmt
FieldValueIRS element (for citing)
Total Support$302,706,862TotalSupportAmt
Gross Receipts Rltd Activities$9,189,426GrossReceiptsRltdActivitiesAmt
Public Support CY1700.95580PublicSupportCY170Pct
Public Support PY1700.98850PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2020 AMOUNT: $ 47,503. 2021 AMOUNT: $ 59,284. 2022 AMOUNT: $ 120,665. 2023 AMOUNT: $ 9,352. 2024 AMOUNT: $ 29,081. GAIN ON NEW MARKET TAX CREDIT - 2024 AMOUNT: $ 7,573,900.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,249,945OtherCostOrOtherBasisAmt
Book Value$4,249,945BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$42,036,887OtherCostOrOtherBasisAmt
Depreciation$13,303,066DepreciationAmt
Book Value$28,733,821BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,374,928OtherCostOrOtherBasisAmt
Depreciation$14,205,357DepreciationAmt
Book Value$34,169,571BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,064,812OtherCostOrOtherBasisAmt
Depreciation$4,089,083DepreciationAmt
Book Value$975,729BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,572,776OtherCostOrOtherBasisAmt
Depreciation$208,775DepreciationAmt
Book Value$18,364,001BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$86,493,067TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescINTEREST RATE SWAP LIABILITYDesc
Amt$873,787Amt
FieldValueIRS element (for citing)
Total Liability$873,787TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationDC PREP PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3IN ALL MATERIALS, DC PREP IS DESCRIBED AS A PUBLIC SCHOOL, OPEN TO ALL ON A SPACE-AVAILABLE BASIS.
SCHEDULE E, PART I, LINE 6DC PREP IS A PUBLIC CHARTER SCHOOL AND RECEIVED FEDERAL FUNDS FROM THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, U.S. DEPARTMENT OF EDUCATION, AND THE U.S. DEPARTMENT OF AGRICULTURE. FEDERAL FUNDS ARE DISTRIBUTED THROUGH LOCAL DC GOVERNMENT.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event12025 BASHEvent1Nm
Gross Receipts Event1$327,546GrossReceiptsEvent1Amt
Charitable Contri Event1$312,918CharitableContriEvent1Amt
Gross Revenue Event1$14,628GrossRevenueEvent1Amt
Rent Facility Costs Event1$19,745RentFacilityCostsEvent1Amt
Food And Beverage Event1$28,285FoodAndBeverageEvent1Amt
Entertainment Event1$5,975EntertainmentEvent1Amt
Other Direct Expenses Event1$5,298OtherDirectExpensesEvent1Amt
Gross Receipts Total$327,546GrossReceiptsTotalAmt
Charitable Contributions Tot$312,918CharitableContributionsTotAmt
Gross Revenue Total Events$14,628GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$19,745RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$28,285FoodAndBeverageTotalEventsAmt
Entertainment Total Events$5,975EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$5,298OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$59,303DirectExpenseSummaryEventsAmt
Net Income Summary-$44,675NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION ASSISTANCE, TEXT BOOKS, GIFT CARDS, & OTHER SUPPORTGrantTypeTxt
Recipient122RecipientCnt
Cash Grant$25,443CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationA SCHOLARSHIP COMMITTEE (CURRENTLY MADE UP OF THE CEO, CHIEF DEVELOPMENT OFFICER, DIRECTOR OF HIGH SCHOOL PLACEMENT, DIRECTOR OF PREPNEXT, AND ALUMNI SUPPORT COUNSELORS) REVIEWS REQUESTS FROM THE FAMILIES OF ALUMNI STUDENTS WHO REQUIRE FINANCIAL SUPPORT IN ORDER TO ATTEND AN OUTSTANDING HIGH SCHOOL OR COLLEGE. IN ALL CASES, THE FUNDS ADDRESS THE SHORTFALL BETWEEN THE SCHOLARSHIP OFFER THE ALUMNI STUDENT HAS RECEIVED FROM THE INSTITUTION AND THE ACTUAL COST OF TUITION AND ASSOCIATED COSTS. THE FUNDS ARE SENT DIRECTLY TO THE SCHOOL WITH A LETTER DETAILING THE PURPOSE OF THE FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LAURA MAESTAS
CHIEF EXECUTIVE OFFICER$255,659$0$10,000$0$0$0$13,311$0$1,268$0$280,238$0$0$0
KATIE SEVERN
SENIOR ADVISOR$233,861$0$0$0$2,500$0$12,300$0$12,511$0$261,172$0$0$0
DANIEL ENGLENDER
COO & CFO$235,154$0$0$0$2,500$0$12,195$0$8,511$0$258,360$0$0$0
CASSIE PERGAMENT
CHIEF ACADEMIC OFFICER$219,401$0$0$0$2,500$0$11,141$0$1,268$0$234,310$0$0$0
MAURA ENGLENDER
CHIEF TALENT OFFICER$204,465$0$0$0$2,500$0$10,379$0$7,728$0$225,072$0$0$0
ALIESHA MAYE
CHIEF OF SCHOOL OPERATIONS$184,082$0$0$0$2,500$0$9,264$0$8,511$0$204,357$0$0$0
EMMA BIVONA
MANAGING DIRECTOR OF SCHOOLS$166,655$0$0$0$4,250$0$8,552$0$7,728$0$187,185$0$0$0
KATHERINE KUZMA
PRINCIPAL$162,020$0$0$0$5,000$0$8,376$0$7,728$0$183,124$0$0$0
MARY PENDLETON
SENIOR DIRECTOR OF PROGRAM$167,052$0$0$0$4,250$0$2,600$0$7,728$0$181,630$0$0$0
SHAUNTE EDMONDS
MANAGING DIRECTOR OF SCHOOLS$165,985$0$0$0$5,250$0$0$0$7,728$0$178,963$0$0$0
DESIREE TUCKER OKAH-AVAE
PRINCIPAL$148,355$0$0$0$11,729$0$4,837$0$7,728$0$172,649$0$0$0
VANESSA M GONZALEZ MAYOL
CHIEF DEVELOPMENT OFFICER$150,033$0$0$0$2,500$0$7,932$0$8,164$0$168,629$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationALL BONUSES PAID TO DC PREP'S OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED IN FORM 990, PART VII, SECTION A FOR THE 2024 CALENDAR YEAR WERE BASED ON AN APPRAISAL OF HIS/HER PERFORMANCE FOR THE YEAR ENDED JUNE 30, 2023 OR JUNE 30, 2024.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DISTRICT OF COLUMBIA
A5360011312021-12-15$52,000,000REPAY OUTSTANDING BONDS (A & B) AND NMTC LOANS & FINANCE RENOV. OF SCHOOL000
DISTRICT OF COLUMBIA
B5360011312024-07-10$36,550,000REPAY OUTSTANDING NMTC LOANS & FINANCE RENOVATION OF 2330 POMEROY, PHASE 2000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndUnspentUnspentAmt
A$51,553,662$922,939$20,721,874$29,908,8502022Yes (1)0Yes (1)Yes (1)
B$36,550,000$707,610$7,404,275$12,153,000Yes (1)00Yes (1)$16,285,115

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000000Yes (1)
B000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
EAGLE BANK
A0Yes (1)Yes (1)0Yes (1)Yes (1)20.0000000000000000Yes (1)
PINNACLE
B0Yes (1)Yes (1)0Yes (1)Yes (1)17.4000000000000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$31,211NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION REPORTS NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2DANIEL ENGLENDER, MAURA ENGLENDER, FAMILY RELATIONSHIP
FORM 990, PART VI, SECTION B, LINE 11BTHE INFORMATION TO COMPLETE THE FEDERAL FORM 990 IS PROVIDED TO THE PREPARER BY DC PREP'S CONTRACTED ACCOUNTING SERVICE, IT'S DIRECTOR OF FINANCE, CFO, AND CEO. ONCE THE INITIAL DRAFT FEDERAL FORM 990 IS COMPLETED, IT IS CIRCULATED TO THE AUDIT COMMITTEE FOR REVIEW AND ACCEPTANCE, FOLLOWED BY THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CTHE MEMBERS OF DC PREP'S BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES COMPLETE A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS THAT IS REVIEWED BY THE BOARD CHAIRMAN AND CEO FOR ANY POTENTIAL CONFLICTS. ANY BOARD MEMBER WHO BELIEVES HIMSELF OR HERSELF TO HAVE A CONFLICT OF INTEREST IN A DECISION ON A SPECIFIC MATTER IS REQUIRED TO RECUSE HIMSELF OR HERSELF FROM THE DISCUSSION AND VOTE ON SAID MATTER.
FORM 990, PART VI, SECTION B, LINE 15THE CEO WORKS WITH MEMBERS OF THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS, USING COMPARATIVE COMPENSATION DATA OF ORGANIZATIONS OF SIMILAR SIZE IN THE CHARTER MANAGEMENT ORGANIZATION INDUSTRY, TO DETERMINE ANNUAL COMPENSATION OF OFFICERS AND KEY EMPLOYEES. COMPENSATION OF THE CEO IS PRESENTED TO THE BOARD OF DIRECTORS BY THE CHAIR OF THE GOVERNANCE COMMITTEE IN EXECUTIVE SESSION OF A REGULARLY SCHEDULED BOARD MEETING. THE CEO IS NOT PRESENT FOR THE DISCUSSION. AS IT TAKES PLACE IN EXECUTIVE SESSION, THE NOTES FROM THAT DISCUSSION ARE NOT A PART OF THE REGULAR MINUTES FOR THE BOARD MEETING. THE CHAIR OF THE GOVERNANCE COMMITTEE MAINTAINS A WRITTEN DESCRIPTION OF THAT DISCUSSION THAT INCLUDES THOSE BOARD MEMBERS PRESENT AND ACKNOWLEDGES THEIR UNANIMOUS DECISION. TO DRAW UP ITS RECOMMENDATION FOR COMPENSATION, THE GOVERNANCE COMMITTEE MAKES USE OF DATA OF COMPARABLE ORGANIZATIONS (MULTIPLE-CAMPUS CHARTER SCHOOLS) BASED ON RESEARCH CONDUCTED ON CHARTER SCHOOLS BY EDUCATION ORGANIZATIONS AND GROUPS. THE DATA SHOWS THAT THE CEO'S COMPENSATION IS GENERALLY IN LINE WITH ORGANIZATIONS OF SIMILAR SIZE AND ACHIEVEMENT.
FORM 990, PART VI, SECTION C, LINE 19THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALSO, MANY OF THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE FROM THE DC PUBLIC CHARTER SCHOOL BOARD, DC PREP'S AUTHORIZER.
FORM 990, PART XI, LINE 9:TRANSFER OF ASSETS FROM SUPPORT CORP 3,100,763.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1DC PREP SUPPORT CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1707 EDGEWOOD STREET NEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20017ZIPCd
FieldValueIRS element (for citing)
EIN821574134EIN
Primary ActivitiesTO SUPPORT D.C. PREPARATORY ACADEMYPrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1DC PREPARATORY ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1DC PREP SUPPORT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeSTransactionTypeTxt
Involved$3,101,763InvolvedAmt
Method Of Amount DeterminationCOST VALUEMethodOfAmountDeterminationTxt