Through rigorous curriculum, high-quality instruction, and positive character development, Purpose Preparatory Academy charter school ensures that all kindergarten through grade four students achieve the academic skills, knowledge, and ethical foundation to be set on the path to college.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
Run by 50 volunteers and 53 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.2M a year · 16% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$831K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
10 mo
of spending, in cash
Looks good: 10.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $635K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.4M
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.1M
+11% vs prior year
Spent
$8.1M
To programs
62%
Net assets
$8.7M
By yearFY2020–FY2025
Revenue
$9.1M
FY2025▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.8M
FY2021$6.2M
FY2022$7.9M
FY2023$8.2M
FY2024$8.2M
FY2025$9.1M
Expenses
$8.1M
FY2025▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.3M
FY2021$4.2M
FY2022$5.7M
FY2023$7.3M
FY2024$7.5M
FY2025$8.1M
Net assets
$8.7M
FY2025▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.9M
FY2021$3.9M
FY2022$6.1M
FY2023$7.0M
FY2024$7.7M
FY2025$8.7M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2013.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $5.0M Management & general 38% · $3.1M Fundraising 0% · $3K

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

Something off? Claim to add context

Who runs it and what they're paid

18 people listed on the 990; $831K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Head of School
$252,976Pt VII · Sec A
Director of Academics
$131,635Pt VII · Sec A
Director of Curriculum and
$122,416Pt VII · Sec A
Dean of Scholars
$116,366Pt VII · Sec A
Director of Curriculum and
$106,530Pt VII · Sec A
Operations Manager
$101,116Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lagra Newman$252,976$191,916—$136,132$112,148$111,616
Brandy Putnam$131,635$110,016————
Shauna Russell—$123,324$100,072———
Courtney Brooks$122,416—————
Tikoya Bullock$116,366—————
Mackenzie Fox$106,530—————
Brandon Hughes$101,116—————

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 Purpose Preparatory Academy INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Educates young students with strong academics and character for college readiness.

Questions for Purpose Preparatory Academy INC

Tap to ask. Purpose Preparatory Academy INC sees how many people are interested.

Your first name shows with your question. Purpose Preparatory Academy INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $5.0M · in their own filed words · FY2024
01

Purpose prep provides an academically challenging, disciplined, and joyful elementary school to children of nashville. With an intensive focus on the acquisition of essential literacy skills, purpose prep provides targeted and rigorous instruction in each core subject to meet the academic needs of every scholar.

$5.0Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
50can INCFY2024$280K
Total grants receivedfrom 4 funders$635K
See all 4 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$9.1M
Ln 12
Gifts and grantsLn 1h$8.8M
Investment incomeLn 3$239K
Other incomeLn 4–11$45K
Money outPt IX
$8.1M
Ln 25
Programscol B$5.0M
Managementcol C$3.1M
Fundraisingcol D$3K
Owns and owesPt X
$8.7M
net assets · Ln 32
Cash and savingsLn 1–2$7.0M
Total assetsLn 16$12.1M
LiabilitiesLn 26$3.4M
PeoplePt VI, VII
18
listed · VII A
PaidVII A6
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.8M
Government grantsLn 1e$7.6M
Investment incomeLn 3$239K
Other incomeLn 4–11$45K
Total revenueLn 12$9.1M
Assets in detailPt X, end of year
CashLn 1$7.0M
Cash and savings togetherLn 1–2$7.0M
Land, buildings, equipmentLn 10c$4.0M
Other assetsLn 15$475K
Total assetsLn 16$12.1M
LiabilitiesLn 26$3.4M
Net assetsLn 32$8.7M
OperationsPt I, VI
EmployeesI 553
VolunteersI 650
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
LineStart FY25End FY25
Cash and savingsLn 1–2$6.6M$7.0M
Land, buildings, equipmentLn 10c$4.0M$4.0M
Total assetsLn 16$11.7M$12.1M
LiabilitiesLn 26$4.0M$3.4M
Net assetsLn 32$7.7M$8.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$984K$592K$391K
Other salaries and wagesLn 7$3.7M$2.2M$1.5M
Management feesLn 11a$1.1M$662K$411K
Office expensesLn 13$111K$111K
OccupancyLn 16$373K$199K$174K
TravelLn 17$367K$367K
InterestLn 20$90K$90K
Depreciation, depletion and amortizationLn 22$254K$216K$38K
InsuranceLn 23$41K$41K
Other expenses (24a–d)Ln 24$1.1M$708K$348K$3K
All other expensesLn 24e$66K$66K
Total functional expensesLn 25$8.1M$5.0M$3.1M$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $9.1M$8.1M$984K$8.7M 990 PDF
FY2024 $8.2M$7.5M$741K$7.7M 990 PDF
FY2023 $8.2M$7.3M$913K$7.0M 990 PDF
FY2022 $7.9M$5.7M$2.2M$6.1M 990 PDF
FY2021 $6.2M$4.2M$2.0M$3.9M 990 PDF
FY2020 $4.8M$4.3M$495K$1.9M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $9,112,259 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,934,985$8,829,156
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $276,402$238,567
I-11 Other revenuePrior year $27,269$44,536
I-12 Total revenuePrior year $8,238,656$9,112,259
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 $4,200,140$4,694,473
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,297,597$3,433,515
I-18 Total expensesPrior year $7,497,737$8,127,988
I-19 Revenue less expensesPrior year $740,919$984,271
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
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
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $9,112,259 across 6 lines filed
VIII-1e Government grants$7,610,533
VIII-1f All other contributions, gifts and grants$1,218,623
VIII-1h Total contributions, gifts and grants$8,829,156
VIII-3 Investment incomeExcluded from tax $238,567$238,567
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $44,536$44,536
VIII-12 Total revenueRelated to mission $44,536 · Unrelated business $0 · Excluded from tax $238,567$9,112,259
Part IX · Statement of functional expenses $8,127,988 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $592,457 · Management $391,048$983,505
IX-7 Other salaries and wagesPrograms $2,235,467 · Management $1,475,501$3,710,968
IX-11a Management feesPrograms $662,022 · Management $410,867$1,072,889
IX-13 Office expensesManagement $110,541$110,541
IX-16 OccupancyPrograms $199,398 · Management $174,042$373,440
IX-17 TravelPrograms $367,420$367,420
IX-20 InterestManagement $89,514$89,514
IX-22 Depreciation, depletion and amortizationPrograms $216,011 · Management $38,120$254,131
IX-23 InsuranceManagement $41,208$41,208
IX-24 Other expenses (24a–d)Programs $707,607 · Management $347,993 · Fundraising $2,606$1,058,206
IX-24e All other expensesPrograms $66,166$66,166
IX-25 Total functional expensesPrograms $5,046,548 · Management $3,078,834 · Fundraising $2,606$8,127,988
Part X · Balance sheet $12,137,043 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $6,589,054$7,040,405
X-4 Accounts receivableStart of year $114,338$70,674
X-9 Prepaid expenses and deferred chargesStart of year $667,002$570,779
X-10c Land, buildings and equipment, netStart of year $3,997,750$3,979,852
X-15 Other assetsStart of year $316,479$475,333
X-16 Total assetsStart of year $11,684,623$12,137,043
X-17 Accounts payable and accrued expensesStart of year $415,911$305,805
X-25 Other liabilitiesStart of year $691,022$426,836
X-26 Total liabilitiesStart of year $3,972,467$3,440,584
X-27 Net assets without donor restrictionsStart of year $285,882$444,985
X-28 Net assets with donor restrictionsStart of year $7,426,274$8,251,474
X-32 Total net assets or fund balancesStart of year $7,712,156$8,696,459
X-33 Total liabilities and net assetsStart of year $11,684,623$12,137,043
Part XI · Reconciliation of net assets $8,696,459 net assets at year end
XI-1 Total revenue$9,112,259
XI-2 Total expenses$8,127,988
XI-3 Revenue less expenses$984,271
XI-4 Net assets at start of year$7,712,156
XI-8 Prior period adjustments$32
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,696,459

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · 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.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.