Charity Search / FRIENDS OF THE PREPARATORY CHARTER SCHOOL
Arts, Culture & Humanities (A11) 990 on File

FRIENDS OF THE PREPARATORY CHARTER SCHOOL

EIN: 56-2428125 · PHILADELPHIA, PA 19145-2612 · United States · FY 2025 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$477K
Total Revenue
$471K
Total Expenses
$2.1M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.0%
Fundraising Efficiency N/A
Operating Reserve 54.38x
Liability-to-Asset 71.9%
Revenue Diversification 92.5%
Compared with Peers
FY 2025
Compared with 7,068 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
93.0% 81.9%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
7.0% 13.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
54.4 mo 9.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
71.9% 1.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
92.5% 77.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
80.5% 6.7%
P10P90
Expense growth
Year over year expense growth
49.6% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
1.3% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $477K $471K $2.1M 93.0% 0
2024 $265K $315K $2.1M 85.3% 0
2023 $245K $327K $2.2M 92.8% 0
2021 $216K $298K $2.3M 98.0% 0
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Organization Details
EIN
56-2428125
State
PA
City
PHILADELPHIA
ZIP
19145-2612
Classification
A11
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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