Our mission is to partner with individuals, schools, and organizations to lead schools that are 1) designed on evidence-based research and best practices and also where we research new innovative models 2) places where services are provided in a cost-effective manner, and 3) organizations where Students are successful learners and on a path to be active and effective citizens.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$105K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
3 of 6
filings with a surplus
Average surplus $71K a year · 11% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$105K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $70K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$120K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
+131% vs prior year
Spent
$1.3M
To programs
92%
Net assets
$400K
By yearFY2020–FY2025
Revenue
$1.6M
FY2023▲ +131%
Tap a bar for its year
Revenue by fiscal year
FY2020$252K
FY2021$387K
FY2022$683K
FY2023$1.6M
FY2024$540K
FY2025$468K
Expenses
$1.3M
FY2023▲ +112%
Tap a bar for its year
Expenses by fiscal year
FY2020$265K
FY2021$284K
FY2022$593K
FY2023$1.3M
FY2024$602K
FY2025$477K
Net assets
$400K
FY2023▲ +467%
Tap a bar for its year
Net assets by fiscal year
FY2020−$122K
FY2021−$19K
FY2022$71K
FY2023$400K
FY2024$337K
FY2025$328K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

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

92 cents of each dollar spent went to programs.

Program services 92% · $1.2M Management & general 8% · $105K

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

4 people listed on the 990; $105K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$105,028Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
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.

See Students Prepared to Succeed executive salaries →

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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.

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Provided by the organization

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1 program · $1.2M · in their own filed words · FY2022
01

Students prepared to succeed champions the advancement of partner charter schools by providing support across various operational and educational facets. By fostering close collaborations with school boards, we enhance teacher training, promote effective staff retention and recruitment strategies, student enrollment, and uphold high…

$1.2Mprogram 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 · FY2022
Total grants receivedfrom 1 funder$70K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.5M
Other incomeLn 4–11$35K
Investment incomeLn 3$4K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.2M
Managementcol C$105K
Owns and owesPt X
$400K
net assets · Ln 32
Cash and savingsLn 1–2$224K
Total assetsLn 16$520K
LiabilitiesLn 26$120K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$4K
Other incomeLn 4–11$35K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$224K
Cash and savings togetherLn 1–2$224K
Other assetsLn 15$39K
Total assetsLn 16$520K
LiabilitiesLn 26$120K
Net assetsLn 32$400K
OperationsPt I, VI
EmployeesI 54
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$188K$224K
Total assetsLn 16$234K$520K
LiabilitiesLn 26$163K$120K
Net assetsLn 32$71K$400K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$139K$139K
Other salaries and wagesLn 7$553K$541K$12K
Pension plan contributionsLn 8$146K$146K$529
Other employee benefitsLn 9$7K$6K$335
Payroll taxesLn 10$57K$55K$1K
Legal feesLn 11b$12K$12K
Accounting feesLn 11c$84K$79K$6K
Other fees for servicesLn 11g$216K$148K$69K
Advertising and promotionLn 12$700$700
Office expensesLn 13$873$841$32
TravelLn 17$1K$1K
InsuranceLn 23$440$418$22
Other expenses (24a–d)Ln 24$43K$40K$3K
All other expensesLn 24e$51$49$2
Total functional expensesLn 25$1.3M$1.2M$105K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $468K$477K−$10K$328K 990 PDF
FY2024 $540K$602K−$62K$337K 990 PDF
FY2023 Viewing $1.6M$1.3M$320K$400K 990 PDF
FY2022 $683K$593K$90K$71K 990 PDF
FY2021 $387K$284K$103K−$19K 990 PDF
FY2020 $252K$265K−$13K−$122K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,580,272 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $682,754$1,541,616
I-10 Investment incomePrior year $5$3,551
I-11 Other revenuePrior year $0$35,105
I-12 Total revenuePrior year $682,759$1,580,272
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 $377,269$901,747
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $215,853$358,611
I-18 Total expensesPrior year $593,122$1,260,358
I-19 Revenue less expensesPrior year $89,637$319,914
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,580,272 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,541,616$1,541,616
VIII-3 Investment incomeExcluded from tax $3,551$3,551
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $35,105$35,105
VIII-12 Total revenueRelated to mission $1,576,721 · Unrelated business $0 · Excluded from tax $3,551$1,580,272
Part IX · Statement of functional expenses $1,260,358 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $138,790$138,790
IX-7 Other salaries and wagesPrograms $540,981 · Management $12,094$553,075
IX-8 Pension plan contributionsPrograms $145,824 · Management $529$146,353
IX-9 Other employee benefitsPrograms $6,481 · Management $335$6,816
IX-10 Payroll taxesPrograms $55,473 · Management $1,240$56,713
IX-11b Legal feesManagement $11,688$11,688
IX-11c Accounting feesPrograms $78,670 · Management $5,774$84,444
IX-11g Other fees for servicesPrograms $147,741 · Management $68,583$216,324
IX-12 Advertising and promotionManagement $700$700
IX-13 Office expensesPrograms $841 · Management $32$873
IX-17 TravelManagement $1,116$1,116
IX-23 InsurancePrograms $418 · Management $22$440
IX-24 Other expenses (24a–d)Programs $39,960 · Management $3,015$42,975
IX-24e All other expensesPrograms $49 · Management $2$51
IX-25 Total functional expensesPrograms $1,155,228 · Management $105,130 · Fundraising $0$1,260,358
Part X · Balance sheet $519,702 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $187,579$224,192
X-4 Accounts receivableStart of year $46,270$256,864
X-15 Other assetsStart of year $0$38,646
X-16 Total assetsStart of year $233,849$519,702
X-17 Accounts payable and accrued expensesStart of year $71,316$120,006
X-26 Total liabilitiesStart of year $163,316$120,006
X-27 Net assets without donor restrictionsStart of year $70,533$399,696
X-32 Total net assets or fund balancesStart of year $70,533$399,696
X-33 Total liabilities and net assetsStart of year $233,849$519,702
Part XI · Reconciliation of net assets $399,696 net assets at year end
XI-1 Total revenue$1,580,272
XI-2 Total expenses$1,260,358
XI-3 Revenue less expenses$319,914
XI-4 Net assets at start of year$70,533
XI-8 Prior period adjustments$9,249
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$399,696

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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