990 Scout/ Prep for Prep/ Financials

Financial Information for Prep for Prep

Prep for Prep's annual revenue was $11.2M in tax year 2024, reported on their IRS Form 990. They spent $15.5M in total expenses. 83% went to programs and services.

Financial Breakdown

What is Prep for Prep's total annual expenses?

Prep for Prep spent $15.5M in tax year 2024, according to their IRS Form 990 filing.

How much of Prep for Prep's budget goes to programs?

Prep for Prep spent $12.8M (83% of expenses) on programs and services in tax year 2024.

How much does Prep for Prep spend on overhead?

Prep for Prep's overhead in tax year 2024 includes administrative (14%) and fundraising (3%) of their expenses.

What is Prep for Prep's net worth?

Prep for Prep had net assets of $61.8M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.