Nonprofit · EIN 23-2954170
PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND
Tax-exempt · PHILADELPHIA, PA 19145
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $12,808,356 | $9,545,355 | $3,263,001 | $16,023,808 | $7,200,084 | $8,823,724 |
| June 30, 2023 | 990 | $11,328,139 | $8,523,361 | $2,804,778 | $13,174,621 | $7,613,898 | $5,560,723 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $12,260,862
- Investment income
- $547,494
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $175,122
- Other salaries and wages
- $5,301,588
- Salaries, compensation and benefits (total)
- $7,678,659
- Professional fundraising fees
- $0
- Legal fees
- $78,678
- Accounting fees
- $145,680
- Occupancy
- $210,000
- Travel
- $14,400
- Depreciation
- $117,396
- Program services (functional)
- $6,431,556
- Management and general (functional)
- $3,113,799
Balance sheet and other
- Total assets, start of year
- $13,174,621
- Total assets, end of year
- $16,023,808
- Total liabilities, end of year
- $7,200,084
- Net assets, end of year
- $8,823,724
- Land, buildings and equipment
- $333,248
- Net assets without donor restrictions
- $8,501,661
- Net assets with donor restrictions
- $322,063
- Gross receipts
- $12,808,356
- Employees
- 101
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David P Wright | CEO Officer, Key employee, Highest-paid employee | 40 | $175,122 |
| Jo Ann Moore | Principal Highest-paid employee | 40 | $160,487 |
| Katie Braymiller | Assistant Principal Highest-paid employee | 40 | $121,473 |
| Simrit Singh | Business Manager Highest-paid employee | 40 | $106,763 |
| Jeremy Kane | Maintenance Highest-paid employee | 40 | $103,695 |
| Amanjot Kaur | Business Manager Highest-paid employee, Former | 40 | $57,489 |
| Frederic Musilli | President Trustee or director | 1 | $0 |
| Jennifer Massenburg | Vice President Trustee or director | 1 | $0 |
| Christine Formosa | Secretary Trustee or director | 1 | $0 |
| Michael Giagiordano II | Treasurer Trustee or director | 1 | $0 |
| Vincent Melchiorre | Member Trustee or director | 1 | $0 |
| Dyana Baurley | Member Trustee or director | 1 | $0 |
| Mark Rago | Member Trustee or director, Former | 1 | $0 |
| Deardra Blow | Member Trustee or director | 1 | $0 |
| Damaris Garcia Esq | Member Trustee or director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Annette Kelly | Member Trustee or director | 1 | $0 |
| Carmella Granger | Member Trustee or director | 1 | $0 |
| Bria Young | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David P Wright | CEO Officer, Key employee, Highest-paid employee | 40 | $160,200 |
| Jo Ann Moore | Principal Highest-paid employee | 40 | $152,095 |
| Amanjot Kaur | Business Manager Highest-paid employee | 40 | $99,732 |
| Diane Bridges | Assistant Principal Highest-paid employee | 40 | $70,922 |
| Frederic Musilli | President Trustee or director | 1 | $0 |
| Jennifer Massenburg | Vice President Trustee or director | 1 | $0 |
| Christine Formosa | Secretary Trustee or director | 1 | $0 |
| Danee Wright | Member Trustee or director, Former | 1 | $0 |
| Michael Giagiordano II | Treasurer Trustee or director | 1 | $0 |
| Vincent Melchiorre | Member Trustee or director | 1 | $0 |
| Gloria Wallace | Member Trustee or director, Former | 1 | $0 |
| Nakia Carr | CPAC Member Trustee or director, Former | 1 | $0 |
| Dyana Baurley | Member Trustee or director | 1 | $0 |
| Deardra Blow | CPAC Member Trustee or director | 1 | $0 |
| Damaris Garcia | Member Trustee or director | 1 | $0 |
| Lewis Maye | CPAC Member Trustee or director | 1 | $0 |
| Bria Young | Member Trustee or director | 1 | $0 |
| Annette Kelly | Member Trustee or director | 1 | $0 |
| Carmella Granger | Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1928 POINT BREEZE AVE, PHILADELPHIA, PA 19145-2612
- In care of
- % DIANNE MARIUTTI
- Principal officer (990 for 2023)
- Fred Musilli, 1928 Point Breeze Ave, Philadelphia, PA 19145
- Signed the 990
- Frederic Musilli, Chairman
- Phone
- (215) 463-8503
- Return prepared by
- ANTHONY REPICE
Mission
Basic education for High School students
Program accomplishments
- The Preparatory Charter School is an independent Charter School with a primary purpose: to provide education to grades nine through twelve with unique support services to facilitate this goal.Expenses $6,431,556 · revenue $12,808,356
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2954170
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25)
- Assets (IRS master file)
- $16,023,808
- Income (IRS master file)
- $12,808,356
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $12,808,356 | $9,545,355 | $16,023,808 | XML |
| 990 | June 2023 | $11,328,139 | $8,523,361 | $13,174,621 | XML |
| 990 | June 2022 | $11,236,766 | $7,805,586 | $11,082,122 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2954170).
Questions about PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND
- What is the EIN of PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND?
- The employer identification number (EIN) of PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND is 23-2954170.
- Is PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND?
- The 990 for the year ended June 30, 2024 names Fred Musilli.
- Who are the officers and directors of PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND?
- The 990 for the year ended June 30, 2024 lists 18 people; 6 received compensation from the organization, the highest $175,122 (David P Wright, CEO).
- How much revenue does PREPARATORY CHAPTER SCHOOL OF MATHMATICS SCIENCE TECHNOLOGY AND have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $12,808,356, expenses of $9,545,355 and total assets of $16,023,808 at year end.
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