Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
82 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990; $44K paid to officers and key staff.
Magdy Rabeaa’s $127K as Executive Director is at the 92nd percentile of top reported officer pay among 1613 $100K–1M 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Magdy Rabeaa | $126,854 | $105,028 | $121,000 | $117,455 | — |
| Mike Van Kuelen | — | — | — | — | $44,000 |
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.
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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
Improve schools using research and best practices for student success.
Questions for Students Prepared to Succeed
Your first name shows with your question. Students Prepared to Succeed answers here, for everyone.
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Students prepared to succeed oversaw the operations of their first member charter school playing a key role in stabilizing enrollment, training and retaining staff, board oversight and establishing academic success.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $11K | $43K |
| Total assetsLn 16 | $14K | $55K |
| LiabilitiesLn 26 | $122K | $177K |
| Net assetsLn 32 | −$108K | −$122K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $44K | $0 | $44K | $0 |
| Other salaries and wagesLn 7 | $98K | $98K | $0 | $0 |
| Pension plan contributionsLn 8 | $8K | $8K | $0 | $0 |
| Other employee benefitsLn 9 | $5K | $5K | $0 | $0 |
| Payroll taxesLn 10 | $7K | $7K | $0 | $0 |
| Accounting feesLn 11c | $52K | $48K | $4K | $0 |
| Office expensesLn 13 | $600 | $0 | $600 | $0 |
| Other expenses (24a–d)Ln 24 | $51K | $50K | $542 | $0 |
| Total functional expensesLn 25 | $265K | $216K | $49K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $468K | $477K | −$10K | $328K | 990 PDF |
| FY2024 | $540K | $602K | −$62K | $337K | 990 PDF |
| FY2023 | $1.6M | $1.3M | $320K | $400K | 990 PDF |
| FY2022 | $683K | $593K | $90K | $71K | 990 PDF |
| FY2021 | $387K | $284K | $103K | −$19K | 990 PDF |
| FY2020 Viewing | $252K | $265K | −$13K | −$122K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $251,557 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 1 to look at
Part VIII · Statement of revenue $251,557 across 3 lines filed
Part IX · Statement of functional expenses $264,838 across 8 lines filed
Part X · Balance sheet $55,019 assets, 9 lines filed
Part XI · Reconciliation of net assets −$121,660 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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