Form 990 for tax year 2022

Totals

Total revenue

$2,623,064

Total expenses

$2,307,161

Contributions and grants received

$2,142,062

Grants paid

$81,257

Program service revenue

$376,308

Investment income

$104,694

Other revenue

$0

Total assets, end of year

$5,488,742

Total liabilities, end of year

$171,683

Net assets or fund balances, end of year

$5,317,059

Program services expenses (Part IX)

$1,978,115

Management and general expenses

$203,194

Fundraising expenses

$125,852

Program service expenses (Part III)

$1,978,115

Program services were 85.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• PREP-KC PARTNERS WITH SIX SCHOOL DISTRICTS AND FOUR CHARTER SCHOOLS ON BOTH SIDES OF THE STATE LINE. TOGETHER, THESE DISTRICTS SERVE 67,000 STUDENTS AND PRODUCE OVER 3,800 ANNUAL HIGH SCHOOL GRADUATES; 80% IDENTIFY AS STUDENTS OF COLOR, AND 84% ARE LOW-INCOME. PREP-KC'S PARTNER SCHOOLS SERVE 19 OF THE 20 ZIP CODES WITH THE LOWEST MEDIAN HOUSEHOLD INCOME IN THE 9-COUNTY METROPOLITAN AREA. ALL REPRESENT DIVERSE, CULTURALLY RICH, AND TALENTED COMMUNITIES. (CONTINUED ON SCHEDULE O)SINCE 2019, PREP-KC HAS MADE IT OUR PRIORITY TO HELP STUDENTS FROM THE REGION'S URBAN HIGH SCHOOLS EARN MARKET VALUE ASSETS (MVAS) THAT WILL BOOST THEIR CHANCES OF SUCCESS IN COLLEGE AND THEIR CAREERS. MVAS ARE UNIQUE ASSETS THAT GIVE HIGH SCHOOL STUDENTS A COMPETITIVE EDGE AS THEY TRANSITION TO COLLEGE AND THE WORKFORCE. PREP-KC FIRST USED THE TERM "MARKET VALUE ASSETS" TO DESCRIBE THIS SET OF EXPERIENCES IN 2016 AND IS PLEASED THAT THE CONCEPT HAS SINCE BEEN ADOPTED REGIONALLY BY THE KAUFFMAN FOUNDATION'S REALWORLD LEARNING INITIATIVE, KC RISING'S PLAN FOR REGIONAL ECONOMIC COMPETITIVENESS, AND K-12 EDUCATION POLICY IN KANSAS AND MISSOURI. PREP-KC CURRENTLY TRACKS THE FOLLOWING MVAS EARNED BY STUDENTS ATTENDING OUR 20-PARTNER URBAN HIGH SCHOOLS: 1) NINE OR MORE COLLEGE CREDITS EARNED IN HIGH SCHOOL, 2) AN INDUSTRY-RECOGNIZED CREDENTIAL EARNED IN HIGH SCHOOL, 3) COMPLETION OF AN INTERNSHIP OR CLIENT-CONNECTED PROJECT IN HIGH SCHOOL, OR 4) COMPLETION OF AN ENTREPRENEURIAL EXPERIENCE IN HIGH SCHOOL.AS WE APPROACH THE FINAL YEAR OF OUR SIX-YEAR STRATEGIC PLAN FOCUSED ON MARKET VALUE ASSET ATTAINMENT, WE HAVE SEEN SUBSTANTIAL PROGRESS TOWARD HELPING 10,000 GRADUATES EARN AN MVA BY 2025. OVER 6,213 GRADUATES FROM THE CLASSES OF 2019-2023 ARE ALREADY BENEFITING FROM THESE OPPORTUNITIES, AND PREP-KC IS ON A PATH TO EXCEEDING OUR 10,000 MVA TARGET BY 2025. WE HAVE ALSO BEGUN DOCUMENTING THE STORIES OF STUDENTS FROM OUR URBAN HIGH SCHOOLS WHO HAVE GRADUATED AND ARE BENEFITING FROM THEIR MVAS.SINCE FIRST IMPLEMENTING THE CONNECTOR PLATFORM IN 2018, URBAN SCHOOLS' INTEREST IN CONNECTING THEIR STUDENTS WITH INDUSTRY PROFESSIONALS IN THE CLASSROOM HAS SOARED. DURING THE 2022-2023 SCHOOL YEAR, WE HOSTED 1,949 CONNECTOR SESSIONS THAT LOGGED 38,980 STUDENT VIEWS. THESE SESSIONS FEATURED A DIVERSE SET OF INDUSTRY PROFESSIONALS, WITH 40% OF CONNECTOR SESSIONS FEATURING A PROFESSIONAL OF COLOR. WITH COACHING FROM PREP-KC, KANSAS CITY, KANSAS, AND HICKMAN MILLS USED THE CONNECTOR TO ENSURE THAT OVER 90% OF THEIR PRE-K THROUGH 5TH-GRADE STUDENTS ENGAGED WITH MULTIPLE INDUSTRY PROFESSIONALS EACH SCHOOL YEAR, AND OUR OTHER PARTNER DISTRICTS HAVE ADOPTED CONNECTOR IMPLEMENTATION PLANS BASED ON THE SUCCESS OF THESE EARLY ADOPTER DISTRICTS.IN PARTNERSHIP WITH ORACLE CERNER, PREP-KC DESIGNED THE PATHWAYS TO TECHNOLOGY PROGRAM TO GIVE HIGH SCHOOL STUDENTS A HEAD START ON A POSTSECONDARY DEGREE AND A CAREER IN TECHNOLOGY-RELATED FIELDS. DATA INDICATES THAT FIRST-GENERATION COLLEGE-GOERS AND LOW-INCOME STUDENTS OFTEN LACK ACCESS TO INFORMATION AND EXPERIENCES THAT PREPARE THEM FOR CAREER SUCCESS. FOR THE PAST FOUR YEARS, PATHWAYS TO TECHNOLOGY HAS HELPED CLOSE EQUITY AND ACCESS GAPS FOR STUDENTS IN THE REGION'S URBAN SCHOOL DISTRICTS BY PROVIDING ACCESS TO A SET OF EXPERIENCES THAT PREPARE THEM TO BE SUCCESSFUL IN COLLEGE AND THE HIGH-GROWTH TECH INDUSTRY AREAS WHERE NEARLY FOUR THOUSAND JOBS GO UNFILLED YEARLY IN KANSAS CITY ALONE.THIRTY-FOUR STUDENTS THROUGHOUT THE SCHOOL YEAR PARTICIPATED IN THE PATHWAYS TO TECHNOLOGY PROGRAM IN SOME CAPACITY, EITHER BY ENROLLING IN A COLLEGE-LEVEL COMPUTER PROGRAMMING COURSE (3 CREDIT HOURS) TAUGHT ON-SITE AT ORACLE CERNER, ENGAGING IN A CLIENT-CENTERED PROJECT, OR COMPLETING AN INTERNSHIP WITH A LOCAL BUSINESS. ALONG WITH TECHNICAL SKILLS, PATHWAYS TO TECHNOLOGY ALLOWED STUDENTS TO EXPLORE CAREERS FURTHER AND ENRICH THEIR LEARNING EXPERIENCES BY HEARING FROM PROFESSIONALS IN VARIOUS COMPUTER SCIENCE FIELDS, SHARING THEIR EXPERIENCES, AND LEARNING WITH OTHERS. STUDENTS FROM CENTER, CENTRAL, EAST (KCPS), GRANDVIEW, AND RUSKIN (HICKMAN MILLS) HIGH SCHOOLS PARTICIPATED IN THE PROGRAM.PREP-KC IS PROUD OF OUR WORK BUILDING THE FOUNDATION OF A ROBUST LITERACY ECOSYSTEM IN THE HICKMAN MILLS SCHOOL DISTRICT OVER THE PAST THREE YEARS. OUR WORK HAS RESULTED IN THE DISTRICT DEVELOPING A COMPREHENSIVE, DISTRICT-WIDE APPROACH TO K-5 LITERACY INSTRUCTION THAT TEACHERS CONSISTENTLY IMPLEMENT ACROSS ALL CLASSROOMS. PREP-KC HELPED THE DISTRICT BUILD A COMPREHENSIVE SUPPORT SYSTEM FOR THIS LITERACY APPROACH THAT INCLUDED PEER LEADERS, INSTRUCTIONAL COACHES, AND ADMINISTRATORS TRAINED IN THE LITERACY MODEL. FOR THE FIRST TIME IN THE DISTRICT'S RECENT HISTORY, HICKMAN MILLS HAS THE FOUNDATIONAL COMPONENTS TO CONSISTENTLY PROVIDE ALL STUDENTS WITH HIGH-QUALITY, EVIDENCE-BASED LITERACY INSTRUCTION IN GRADES K-5. BASED ON THIS PROGRESS OVER THE PAST THREE YEARS, THE HICKMAN MILLS SUPERINTENDENT HAS RECOMMITTED TO EARLY LITERACY AS A TOP PRIORITY FOR THE DISTRICT AND INCLUDED PRE-K LITERACY IN THIS INITIATIVE TO ACCELERATE READING ACHIEVEMENT IN THE PRIMARY GRADES.HICKMAN MILLS 2023 3RD GRADE READING SCORES ON THE MISSOURI STATE ASSESSMENT REFLECT A 6.2-POINT IMPROVEMENT OVER THE 30.5-POINT GAP BETWEEN BASELINE HICKMAN MILLS STATE READING ASSESSMENT SCORES AND STATEWIDE PROFICIENCY RATES COLLECTED IN 2019.

  Expenses $1,978,115 · Grants $81,257 · Revenue $376,308

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• UMKC SCHOOL OF NURSING AND HEALTH STUDIES

  $10,000

  SPECIALIZED SUMMER PROGRAM FOR HEALTHSTART STUDENTS

Provenance

Return type

form_990

Tax year

2022

Filed

10 May 2024

IRS schema version

2022v5.0

Source object

202421349349303997

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