Form 990 for tax year 2022
Filed by CAPITAL PREPARATORY SCHOOLS INCORPORATED.
Totals
- Total revenue
- $6,151,269
- Total expenses
- $5,963,842
- Contributions and grants received
- $2,780,279
- Grants paid
- $326,122
- Program service revenue
- $3,360,563
- Investment income
- $0
- Other revenue
- $10,427
- Total assets, end of year
- $7,404,798
- Total liabilities, end of year
- $1,991,644
- Net assets or fund balances, end of year
- $5,413,154
- Program services expenses (Part IX)
- $3,656,015
- Management and general expenses
- $2,061,120
- Fundraising expenses
- $246,707
- Program service expenses (Part III)
- $3,656,015
Program services were 61.3% 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.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,780,279
-
2a · Program service revenue: MANAGEMENT FEES
total $3,360,563 · related or exempt $3,360,563
-
11a · Other revenue: CREDIT CARD REWARDS
total $10,427 · excluded $10,427
-
11e · Other revenue, total
$10,427
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $326,122 · program services $326,122
-
5 · Compensation of officers, directors and key employees
total $1,485,146 · program services $842,279 · management and general $569,590 · fundraising $73,277
-
7 · Other salaries and wages
total $2,590,175 · program services $1,469,456 · management and general $985,951 · fundraising $134,768
-
8 · Pension plan contributions
total $67,223 · program services $38,035 · management and general $27,171 · fundraising $2,017
-
9 · Other employee benefits
total $388,582 · program services $219,864 · management and general $157,061 · fundraising $11,657
-
10 · Payroll taxes
total $277,801 · program services $157,183 · management and general $112,284 · fundraising $8,334
-
11b · Fees: legal
total $2,900 · management and general $2,900
-
11c · Fees: accounting
total $26,024 · management and general $26,024
-
11g · Fees: other
total $123,490 · program services $59,320 · management and general $61,025 · fundraising $3,145
-
12 · Advertising and promotion
total $2,323 · program services $2,091 · management and general $232
-
13 · Office expenses
total $38,311 · program services $18,961 · management and general $13,546 · fundraising $5,804
-
14 · Information technology
total $52,735 · program services $29,838 · management and general $21,315 · fundraising $1,582
-
16 · Occupancy
total $95,916 · program services $53,147 · management and general $39,814 · fundraising $2,955
-
17 · Travel
total $60,924 · program services $34,471 · management and general $24,625 · fundraising $1,828
-
22 · Depreciation, depletion and amortization
total $5,485 · program services $3,103 · management and general $2,217 · fundraising $165
-
23 · Insurance
total $25,373 · program services $14,356 · management and general $10,256 · fundraising $761
-
24a · Other expenses: PROFESSIONAL DEVELOP.
total $231,047 · program services $229,513 · management and general $1,534 · fundraising $0
-
24b · Other expenses: SCHOOL COSTS
total $147,886 · program services $147,886
-
24c · Other expenses: FURNISHINGS
total $9,569 · program services $5,414 · management and general $3,868 · fundraising $287
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $6,810 · program services $4,976 · management and general $1,707 · fundraising $127
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,772,813 · end of year $6,213,740
-
3 · Pledges and grants receivable
beginning of year $200,000 · end of year $2,173
-
9 · Prepaid expenses and deferred charges
beginning of year $22,451 · end of year $15,365
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $5,485 · end of year $0
-
13 · Investments: program-related
beginning of year $300,000 · end of year $200,000
-
15 · Other assets
beginning of year $1,587,176 · end of year $973,520
-
17 · Accounts payable and accrued expenses
beginning of year $157,658 · end of year $91,644
-
19 · Deferred revenue
beginning of year $1,500,000 · end of year $1,900,000
-
25 · Other liabilities
beginning of year $4,540 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $4,751,868 · end of year $4,870,271
-
28 · Net assets with donor restrictions
beginning of year $473,859 · end of year $542,883
Mission and programs · 2022
Mission
TO PROVIDE ALL STUDENTS ACCESS TO A HIGH QUALITY EDUCATION BY FACILITATING AND SUPPORTING THE CREATION, OPERATION, AND MANAGEMENT OF INNOVATIVE AND EFFECTIVE SCHOOL MODELS.
Activities or mission (Part I)
TO PROVIDE ALL STUDENTS ACCESS TO A HIGH QUALITY EDUCATION.
-
CAPITAL PREPARATORY SCHOOLS, INC. PROVIDED EDUCATIONAL AND MANAGEMENT SERVICES TO THE FOLLOWING SCHOOLS: CAPITAL PREPARATORY HARBOR SCHOOL, CAPITAL PREPARATORY HARLEM CHARTER SCHOOL, AND CAPITAL PREPARATORY BRONX CHARTER SCHOOL.
Expenses $3,656,015 · Grants $326,122 · Revenue $3,360,563
As filed on the 2022 return.
Listed in Part VII
-
Lisa BuffingtonLISA BUFFINGTON
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Robert TyndallROBERT TYNDALL
VICE CHAIR/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Ira RubenstalIRA RUBENSTAL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Brennan BrownBRENNAN BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Stephen PerryDR STEPHEN PERRY
CHIEF EXECUTIVE OFFICER
- Total calculated
- $270,868
- From this org
- $235,016
- From related orgs
- $0
- Other
- $35,852
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $234,809
- Bonus
- $0
- Other
- $207
- Deferred
- $9,339
- Nontaxable benefits
- $26,513
- Filer's total
- $270,868
-
Jill Cutler-HodgmanJILL CUTLER-HODGMAN
CHIEF OF STAFF
- Total calculated
- $267,349
- From this org
- $230,654
- From related orgs
- $0
- Other
- $36,695
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $230,519
- Bonus
- $0
- Other
- $135
- Deferred
- $10,182
- Nontaxable benefits
- $26,513
- Filer's total
- $267,349
-
Paula AltieriPAULA ALTIERI
CHIEF FINANCIAL OFFICER
- Total calculated
- $267,957
- From this org
- $230,906
- From related orgs
- $0
- Other
- $37,051
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $230,519
- Bonus
- $0
- Other
- $387
- Deferred
- $10,500
- Nontaxable benefits
- $26,551
- Filer's total
- $267,957
-
Ivette Rizza ChiefIVETTE RIZZA CHIEF
OPERATING OFFICER TERM THRU 9/9/22
- Total calculated
- $166,797
- From this org
- $153,104
- From related orgs
- $0
- Other
- $13,693
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $153,018
- Bonus
- $0
- Other
- $86
- Deferred
- $0
- Nontaxable benefits
- $13,693
- Filer's total
- $166,797
-
Tammy Cassile AssistantTAMMY CASSILE ASSISTANT
SUPERINTENDENT - STUDENT SUPPORT SERVICES
- Total calculated
- $205,052
- From this org
- $186,273
- From related orgs
- $0
- Other
- $18,779
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $186,138
- Bonus
- $0
- Other
- $135
- Deferred
- $9,366
- Nontaxable benefits
- $9,413
- Filer's total
- $205,052
-
Danita JonesDANITA JONES
DIRECTOR OF PROFESSIONAL LEARNING
- Total calculated
- $189,339
- From this org
- $173,728
- From related orgs
- $0
- Other
- $15,611
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $173,593
- Bonus
- $0
- Other
- $135
- Deferred
- $0
- Nontaxable benefits
- $15,611
- Filer's total
- $189,339
-
Scott WojnarowiczSCOTT WOJNAROWICZ
EXEC. DIRECTOR OF CURRICULUM & INSTRUCTION
- Total calculated
- $186,508
- From this org
- $159,941
- From related orgs
- $0
- Other
- $26,567
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $159,806
- Bonus
- $0
- Other
- $135
- Deferred
- $8,016
- Nontaxable benefits
- $18,551
- Filer's total
- $186,508
-
Kashani StokleyKASHANI STOKLEY
DIRECTOR OF NETWORK CPS
- Total calculated
- $172,721
- From this org
- $155,404
- From related orgs
- $0
- Other
- $17,317
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $155,269
- Bonus
- $0
- Other
- $135
- Deferred
- $7,942
- Nontaxable benefits
- $9,375
- Filer's total
- $172,721
-
Nordia HewittNORDIA HEWITT
LEAD DIRECTOR OF CURRICULUM
- Total calculated
- $168,253
- From this org
- $151,366
- From related orgs
- $0
- Other
- $16,887
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $151,276
- Bonus
- $0
- Other
- $90
- Deferred
- $6,077
- Nontaxable benefits
- $10,810
- Filer's total
- $168,253
-
Vijayalakshimi Montgomery-GilesVIJAYALAKSHIMI MONTGOMERY-GILES
EXEC. DIRECTOR OF NETWORK DATA
- Total calculated
- $174,733
- From this org
- $174,144
- From related orgs
- $0
- Other
- $589
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $173,757
- Bonus
- $0
- Other
- $387
- Deferred
- $0
- Nontaxable benefits
- $589
- Filer's total
- $174,733
-
John W GriffinJOHN W GRIFFIN
EXEC. DIRECTOR OF RISK AND INSURANCE MGMT
- Total calculated
- $144,302
- From this org
- $141,282
- From related orgs
- $0
- Other
- $3,020
- Hours/week
- 50
-
Jennifer A JordanJENNIFER A JORDAN
DIRECTOR OF FACILITIES & FLEET
- Total calculated
- $164,465
- From this org
- $136,236
- From related orgs
- $0
- Other
- $28,229
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $136,236
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $28,229
- Filer's total
- $164,465
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
Answered yes
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
$326,122
GENERAL OPERATING ASSISTANCE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441369349319534
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.