D C Preparatory Academy: FY2024 Nonprofit Profile & Form 990 (EIN 02-0550253)

Revenue by fiscal year
FY2020	$49.2M
FY2021	$48.5M
FY2022	$62.3M
FY2023	$60.6M
FY2024	$68.0M
FY2024	$80.7M

Expenses by fiscal year
FY2020	$43.3M
FY2021	$42.8M
FY2022	$53.3M
FY2023	$62.8M
FY2024	$66.8M
FY2024	$66.2M

Net assets by fiscal year
FY2020	$19.9M
FY2021	$25.8M
FY2022	$39.3M
FY2023	$38.7M
FY2024	$40.8M
FY2024	$56.8M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

84%

15%

Program services 84% · $56.3M Management & general 15% · $9.8M Fundraising 1% · $703K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

28 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII

Katie Severn

Senior Advisor

$241,617Pt VII · Sec A

Laura Maestas

Chief Executive Officer

$232,036Pt VII · Sec A

Cassie Pergament

Chief Academic Officer

$219,959Pt VII · Sec A

Daniel Englender

Chief Operating Officer & Chief Financial Officer

$218,931Pt VII · Sec A

Maura Englender

Chief Talent Officer

$204,620Pt VII · Sec A

Vanessa M Gonzalez Mayol

Chief Development Officer

$186,589Pt VII · Sec A

Tara O'Flaherty

Senior Director of Schools

$185,477Pt VII · Sec A

Aliesha Maye

Chief of School Operations

$181,777Pt VII · Sec A

Laura Maestas’s $266K as Chief Executive Officer is at the 57th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

Name	FY2024	FY2024	FY2023	FY2022	FY2021	FY2020
Laura Maestas	$265,659	$232,036	$210,998	$214,105	$211,172	$204,589
Katie Severn	$236,361	$241,617	$236,057	$246,023	$226,387	$226,444
Daniel Englender	$237,654	$218,931	—	—	—	—
Cassie Pergament	$221,901	$219,959	$170,810	$129,781	$163,728	$135,033
Maura Englender	$206,965	$204,620	—	$154,031	$126,863	—
Daniel Englender Chief Oper	—	—	$196,755	$189,886	$175,971	$177,659
Tara O'Flaherty	—	$185,477	$188,752	$164,379	$161,145	$150,048
Vanessa M Gonzalez Mayol	$152,533	$186,589	—	—	—	—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See D C Preparatory Academy executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates PK3-8th grade students in Washington, D.C. through public charter schools.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $56.3M · in their own filed words · FY2023

01

At 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.

$56.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2025

Hoffmann-Niemczewski Family Foundation INCFY2025$30K

McN Build Foundation INCFY2025$10K

Total grants receivedfrom 2 funders$40K

Grants paid · 12 grants · $2.0M · 2019–2024

Unitemized GrantFY2024$25,443

DC Prep Support CorporationDC · FY2023$375,000

Unitemized GrantFY2023$16,166

DC Prep Support CorporationDC · FY2022$375,000

Unitemized GrantFY2022$25,830

Unitemized GrantFY2022$4,741

DC Prep Support CorporationDC · FY2021$375,000

Unitemized GrantFY2021$19,246

Unitemized GrantFY2021$6,238

DC Prep Support CorporationDC · FY2020$375,000

Unitemized GrantFY2020$17,265

DC Prep Support CorporationDC · FY2019$375,000

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$68.0M

Ln 12

Gifts and grantsLn 1h$63.5M

Fees for servicesLn 2g$2.9M

Investment incomeLn 3$1.7M

Money outPt IX

$66.8M

Ln 25

Programscol B$56.3M

Managementcol C$9.8M

Fundraisingcol D$703K

Owns and owesPt X

$40.8M

net assets · Ln 32

Cash and savingsLn 1–2$32.5M

Total assetsLn 16$119.8M

LiabilitiesLn 26$79.0M

PeoplePt VI, VII

28

listed · VII A

PaidVII A13

Voting boardVI 1a15

IndependentVI 1b15

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$63.5M

Government grantsLn 1e$62.2M

Noncash giftsLn 1g$10K

Fundraising eventsLn 1c$242K

Fees for servicesLn 2g$2.9M

Investment incomeLn 3$1.7M

Gains on assetsLn 7−$58

Total revenueLn 12$68.0M

Assets in detailPt X, end of year

CashLn 1$4.7M

SavingsLn 2$27.7M

Cash and savings togetherLn 1–2$32.5M

InvestmentsLn 11–13$1.3M

Land, buildings, equipmentLn 10c$71.3M

Other assetsLn 15$7.3M

Total assetsLn 16$119.8M

LiabilitiesLn 26$79.0M

Net assetsLn 32$40.8M

OperationsPt I, VI

EmployeesI 5519

VolunteersI 685

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$13.5M	$32.5M
InvestmentsLn 11–13	$15.1M	$1.3M
Land, buildings, equipmentLn 10c	$72.6M	$71.3M
Total assetsLn 16	$114.8M	$119.8M
LiabilitiesLn 26	$76.1M	$79.0M
Net assetsLn 32	$38.7M	$40.8M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$375K	$375K
Grants to domestic individualsLn 2	$16K	$16K
Pay of current officers, directors and key staffLn 5	$1.8M	$384K	$1.2M	$159K
Other salaries and wagesLn 7	$36.5M	$31.7M	$4.6M	$168K
Pension plan contributionsLn 8	$885K	$751K	$128K	$7K
Other employee benefitsLn 9	$2.9M	$2.4M	$426K	$21K
Payroll taxesLn 10	$3.0M	$2.5M	$443K	$24K
Legal feesLn 11b	$180K	$34K	$146K
Accounting feesLn 11c	$573K		$573K
Other fees for servicesLn 11g	$54K	$595	$34K	$19K
Office expensesLn 13	$847K	$593K	$127K	$127K
Information technologyLn 14	$356K	$298K	$55K	$3K
OccupancyLn 16	$6.1M	$6.0M	$96K	$21K
Depreciation, depletion and amortizationLn 22	$3.6M	$3.4M	$189K	$12K
InsuranceLn 23	$279K	$216K	$60K	$3K
Other expenses (24a–d)Ln 24	$8.3M	$7.3M	$909K	$134K
All other expensesLn 24e	$928K	$160K	$763K	$5K
Total functional expensesLn 25	$66.8M	$56.3M	$9.8M	$703K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Viewing	$68.0M	$66.8M	$1.2M	$40.8M	990 PDF
FY2023	$60.6M	$62.8M	−$2.3M	$38.7M	990 PDF
FY2022	$62.3M	$53.3M	$9.0M	$39.3M	990 PDF
FY2021	$48.5M	$42.8M	$5.7M	$25.8M	990 PDF
FY2020	$49.2M	$43.3M	$6.0M	$19.9M	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2024 990 (6 parts)

Part I · Summary $68,004,535 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $57,471,605$63,475,084

I-9 Program service revenuePrior year $2,002,759$2,891,253

I-10 Investment incomePrior year $958,273$1,672,144

I-11 Other revenuePrior year $120,665−$33,946

I-12 Total revenuePrior year $60,553,302$68,004,535

I-13 Grants and similar amounts paidPrior year $405,571$391,166

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $40,955,231$45,067,703

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $21,474,330$21,312,615

I-18 Total expensesPrior year $62,835,132$66,771,484

I-19 Revenue less expensesPrior year −$2,281,830$1,233,051

Part VI · Governance 15 of 15 board members independent, 1 to look at

VI-1a Voting members of the governing body15

VI-1b Independent voting members15

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $68,004,535 across 11 lines filed

VIII-1c Fundraising events$242,296

VIII-1e Government grants$62,162,532

VIII-1f All other contributions, gifts and grants$1,070,256

VIII-1g Noncash contributions (included above)$10,250

VIII-1h Total contributions, gifts and grants$63,475,084

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,891,253$2,891,253

VIII-3 Investment incomeExcluded from tax $1,672,202$1,672,202

VIII-7 Net gain or loss on sales of assetsExcluded from tax −$58−$58

VIII-8 Net income from fundraising eventsExcluded from tax −$43,298−$43,298

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $9,352$9,352

VIII-12 Total revenueRelated to mission $2,891,253 · Unrelated business $0 · Excluded from tax $1,638,198$68,004,535

Part IX · Statement of functional expenses $66,771,484 across 17 lines filed

IX-1 Grants to domestic organizationsPrograms $375,000$375,000

IX-2 Grants to domestic individualsPrograms $16,166$16,166

IX-5 Pay of current officers, directors and key staffPrograms $383,512 · Management $1,215,904 · Fundraising $158,688$1,758,104

IX-7 Other salaries and wagesPrograms $31,713,019 · Management $4,645,162 · Fundraising $167,508$36,525,689

IX-8 Pension plan contributionsPrograms $750,631 · Management $127,914 · Fundraising $6,920$885,465

IX-9 Other employee benefitsPrograms $2,449,097 · Management $426,134 · Fundraising $21,252$2,896,483

IX-10 Payroll taxesPrograms $2,535,315 · Management $442,833 · Fundraising $23,814$3,001,962

IX-11b Legal feesPrograms $34,166 · Management $145,571$179,737

IX-11c Accounting feesManagement $572,593$572,593

IX-11g Other fees for servicesPrograms $595 · Management $33,921 · Fundraising $19,326$53,842

IX-13 Office expensesPrograms $592,928 · Management $127,056 · Fundraising $127,056$847,040

IX-14 Information technologyPrograms $297,741 · Management $54,794 · Fundraising $3,046$355,581

IX-16 OccupancyPrograms $6,010,281 · Management $96,274 · Fundraising $21,042$6,127,597

IX-22 Depreciation, depletion and amortizationPrograms $3,433,015 · Management $188,668 · Fundraising $12,170$3,633,853

IX-23 InsurancePrograms $216,262 · Management $59,603 · Fundraising $3,313$279,178

IX-24 Other expenses (24a–d)Programs $7,292,158 · Management $908,877 · Fundraising $134,175$8,335,210

IX-24e All other expensesPrograms $159,670 · Management $763,210 · Fundraising $5,104$927,984

IX-25 Total functional expensesPrograms $56,259,556 · Management $9,808,514 · Fundraising $703,414$66,771,484

Part X · Balance sheet $119,804,392 assets, 16 lines filed

X-1 Cash, non-interest-bearingStart of year $12,321,628$4,747,741

X-2 Savings and temporary cash investmentsStart of year $1,181,228$27,731,506

X-3 Pledges and grants receivableStart of year $4,811,814$4,750,185

X-4 Accounts receivableStart of year $462,589$650,221

X-9 Prepaid expenses and deferred chargesStart of year $621,822$1,995,691

X-10c Land, buildings and equipment, netStart of year $72,622,395$71,272,400

X-11 Publicly traded securitiesStart of year $15,119,915$1,317,165

X-15 Other assetsStart of year $7,683,230$7,339,483

X-16 Total assetsStart of year $114,824,621$119,804,392

X-17 Accounts payable and accrued expensesStart of year $4,165,562$4,319,841

X-20 Tax-exempt bond liabilitiesStart of year $48,894,672$51,553,662

X-26 Total liabilitiesStart of year $76,122,578$79,018,807

X-27 Net assets without donor restrictionsStart of year $38,667,728$40,253,934

X-28 Net assets with donor restrictionsStart of year $34,315$531,651

X-32 Total net assets or fund balancesStart of year $38,702,043$40,785,585

X-33 Total liabilities and net assetsStart of year $114,824,621$119,804,392

Part XI · Reconciliation of net assets $40,785,585 net assets at year end

XI-1 Total revenue$68,004,535

XI-2 Total expenses$66,771,484

XI-3 Revenue less expenses$1,233,051

XI-4 Net assets at start of year$38,702,043

XI-5 Net unrealized gains (losses) on investments$850,491

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$40,785,585

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

D C Preparatory Academy FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Compensation history total reportable pay by year · 8 named individuals · Part VII

Questions the 990 asks

Programs and updates

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV

D C Preparatory Academy FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Compensation history total reportable pay by year · 8 named individuals · Part VII

Questions the 990 asks

Programs and updates

Funders

Grants

Related Organizations

By the numbers

Filing history

Schedules filed Part IV