Achieve Career Preparatory Academy: Nonprofit Profile, Financials & Form 990 (EIN 26-4456982)

Revenue by fiscal year
FY2020	$1.7M
FY2021	$1.5M
FY2022	$2.0M
FY2023	$1.9M
FY2024	$0

Expenses by fiscal year
FY2020	$1.4M
FY2021	$1.6M
FY2022	$1.9M
FY2023	$1.6M
FY2024	$24K

Net assets by fiscal year
FY2020	−$1.9M
FY2021	−$2.0M
FY2022	−$1.9M
FY2023	−$1.6M
FY2024	$0

Is it real?

Yes. Exemption reinstated (2011-11-15). Per the IRS revocation list. Latest filing on record: FY2024.

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

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $24K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

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

Rachel Hannon

President

$0Pt VII · Sec A

Jacqueline Banks

Vice President

$0Pt VII · Sec A

Diana Bush

Secretary

$0Pt VII · Sec A

Vincent Ricardi

Treasurer

$0Pt VII · Sec A

See Achieve Career Preparatory Academy executive salaries →

Questions the 990 asks

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

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers students to become lifelong learners and make positive life choices.

Questions for Achieve Career Preparatory Academy

Tap to ask. Achieve Career Preparatory Academy sees how many people are interested.

Your first name shows with your question. Achieve Career Preparatory Academy answers here, for everyone.

1 program · $24K · in their own filed words · FY2023

01

To provide education to at-risk students in toledo, ohio and the surrounding area.

$24Kprogram expense

Funders

Who pays for it.

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

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs

Year ending Jun 2023 · $981K federal money spent

Education Stabilization FundDepartment of Education · ALN 84.425 · Through Ohio Department of Education and Workforce$676K

Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through Ohio Department of Education and Workforce$193K

Special Education_grants to StatesDepartment of Education · ALN 84.027 · Through Ohio Department of Education and Workforce$74K

National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through Ohio Department of Education and Workforce$29K

Student Support and Academic Enrichment ProgramDepartment of Education · ALN 84.424 · Through Ohio Department of Education and Workforce$3K

Plus 3 smaller programs.

The auditor reported: doubt the group can keep going.

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$0

Ln 12

Money outPt IX

$24K

Ln 25

Programscol B$24K

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

4

listed · VII A

PaidVII A0

Voting boardVI 1a4

IndependentVI 1b4

2In more detail

Revenue in detailPt VIII

Total revenueLn 12$0

Assets in detailPt X, end of year

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 50

VolunteersI 64

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14No

3Year over year

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

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$221K	$0
InvestmentsLn 11–13		$0
Land, buildings, equipmentLn 10c		$0
Total assetsLn 16	$1.0M	$0
LiabilitiesLn 26	$2.6M	$0
Net assetsLn 32	−$1.6M	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Accounting feesLn 11c	$17K	$17K
Other fees for servicesLn 11g	$3K	$3K
Advertising and promotionLn 12	$26	$26
Office expensesLn 13	$3K	$3K
OccupancyLn 16	$601	$601
Total functional expensesLn 25	$24K	$24K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest ViewingFiled with the IRS May 15, 2025	$0	$24K	−$24K	$0	990 PDF
FY2023Filed with the IRS May 17, 2024	$1.9M	$1.6M	$296K	−$1.6M	990 PDF
FY2022Filed with the IRS May 15, 2023	$2.0M	$1.9M	$85K	−$1.9M	990 PDF
FY2021Filed with the IRS May 16, 2022	$1.5M	$1.6M	−$160K	−$2.0M	990 PDF
FY2020Filed with the IRS May 6, 2021	$1.7M	$1.4M	$230K	−$1.9M	990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $0 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,858,458$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $36,329$0

I-11 Other revenuePrior year $36,023$0

I-12 Total revenuePrior year $1,930,810$0

I-13 Grants and similar amounts paidPrior year $0$0

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

I-15 Salaries and benefitsPrior year $0$0

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

I-17 Other expensesPrior year $1,634,946$23,640

I-18 Total expensesPrior year $1,634,946$23,640

I-19 Revenue less expensesPrior year $295,864−$23,640

Part VI · Governance 4 of 4 board members independent, 2 to look at

VI-1a Voting members of the governing body4

VI-1b Independent voting members4

VI-14 Document retention and destruction policyNo

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

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

Part VIII · Statement of revenue $0 across 1 lines filed

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0

Part IX · Statement of functional expenses $23,640 across 5 lines filed

IX-11c Accounting feesPrograms $17,019$17,019

IX-11g Other fees for servicesPrograms $3,292$3,292

IX-12 Advertising and promotionPrograms $26$26

IX-13 Office expensesPrograms $2,702$2,702

IX-16 OccupancyPrograms $601$601

IX-25 Total functional expensesPrograms $23,640 · Management $0 · Fundraising $0$23,640

Part X · Balance sheet $0 assets, 23 lines filed

X-1 Cash, non-interest-bearingStart of year $220,746$0

X-2 Savings and temporary cash investments$0

X-3 Pledges and grants receivableStart of year $206,121$0

X-4 Accounts receivableStart of year $7,891$0

X-5 Loans to officers and key people$0

X-6 Loans to other insiders$0

X-7 Notes and loans receivable$0

X-8 Inventories for sale or use$0

X-9 Prepaid expenses and deferred charges$0

X-10c Land, buildings and equipment, net$0

X-11 Publicly traded securities$0

X-12 Other securities$0

X-13 Program-related investments$0

X-14 Intangible assets$0

X-15 Other assetsStart of year $568,813$0

X-16 Total assetsStart of year $1,003,571$0

X-25 Other liabilitiesStart of year $1,208,959$0

X-26 Total liabilitiesStart of year $2,643,431$0

X-29 Capital stock or trust principalStart of year $0$0

X-30 Paid-in or capital surplusStart of year $0$0

X-31 Retained earnings or endowmentStart of year −$1,639,860$0

X-32 Total net assets or fund balancesStart of year −$1,639,860$0

X-33 Total liabilities and net assetsStart of year $1,003,571$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$0

XI-2 Total expenses$23,640

XI-3 Revenue less expenses−$23,640

XI-4 Net assets at start of year−$1,639,860

XI-9 Other changes in net assets$1,663,500

XI-10 Net assets at end of year$0

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

Compare with another nonprofit

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.

Achieve Career Preparatory Academy

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Achieve Career Preparatory Academy

Funders

Federal money

By the numbers

Filing history

Schedules filed Part IV