Nonprofit · EIN 26-0524230
PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY
Tax-exempt · KANSAS CITY, MO 64108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,060,235 | $3,517,952 | $542,283 | $5,775,500 | $100,609 | $5,674,891 |
| June 30, 2024 | 990 | $2,785,357 | $3,208,017 | -$422,660 | $5,132,003 | $119,647 | $5,012,356 |
| June 30, 2023 | 990 | $2,623,064 | $2,307,161 | $315,903 | $5,488,742 | $171,683 | $5,317,059 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,147,516
- of which government grants
- $1,091,059
- Program service revenue
- $744,096
- Investment income
- $168,623
- Net gain from sales of assets
- $32,715
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $467,299
- Compensation of officers, directors and key employees
- $342,475
- Other salaries and wages
- $1,192,720
- Salaries, compensation and benefits (total)
- $1,824,425
- Professional fundraising fees
- $0
- Accounting fees
- $101,416
- Travel
- $53,440
- Depreciation
- $2,040
- Program services (functional)
- $3,176,926
- Management and general (functional)
- $214,822
- Fundraising (functional)
- $126,204
Balance sheet and other
- Total assets, start of year
- $5,132,003
- Total assets, end of year
- $5,775,500
- Total liabilities, end of year
- $100,609
- Net assets, end of year
- $5,674,891
- Publicly traded securities
- $3,834,963
- Net assets without donor restrictions
- $4,266,590
- Net assets with donor restrictions
- $1,408,301
- Gross receipts
- $4,270,006
- Employees
- 24
- Volunteers
- 1,080
- Year formed
- 2007
- State of legal domicile
- MO
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN WALLY | CEO & PRESIDENT Officer | 60 | $175,000 | $5,250 |
| DOUG ELMER | VICE PRESIDENT Officer | 60 | $157,500 | $4,725 |
| SUSAN ENGLEMANN | SR DESIGN & IMPLEMENTATION Highest-paid employee | 50 | $112,541 | $13,901 |
| ELIZABETH MCCARTHY DIRECTOR | OF COMMUNITY & INDUSTRY PARTNERSHIPS Highest-paid employee | 50 | $102,357 | $13,174 |
| CECIL CHRISTWELL | DIRECTOR OF TEACHING & LEARNING Highest-paid employee | 50 | $101,500 | $13,076 |
| MADELINE ROMIOUS | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID WARM | FINANCE CHAIR Trustee or director | 1 | $0 | $0 |
| RAY DANIELS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDRE DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOM FORRESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS GENTILE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD F HONESTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN C WIMES | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN WALLY | CEO & PRESIDENT Officer | 60 | $168,750 | $5,063 |
| DOUG ELMER | VICE PRESIDENT Officer | 60 | $155,000 | $4,650 |
| SUSAN ENGLEMANN | SR DESIGN & IMPLEMENTATION COACH Highest-paid employee | 50 | $112,541 | $12,262 |
| ELIZABETH MCCARTHY DIRECTOR | OF COMMUNITY & INDUSTRY P'SHIPS Highest-paid employee | 50 | $100,843 | $11,842 |
| MADELINE ROMIOUS | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID WARM | FINANCE CHAIR Trustee or director | 1 | $0 | $0 |
| RAY DANIELS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDRE DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOM FORRESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS GENTILE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD F HONESTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN C WIMES | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN WALLY | CEO & PRESIDENT Officer | 60 | $162,500 | $4,875 |
| DOUG ELMER | VICE PRESIDENT Officer | 60 | $152,500 | $4,575 |
| SUSAN ENGLEMANN | BENCHMARKING COACH Highest-paid employee | 40 | $113,000 | $11,891 |
| CHRIS GENTILE | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID WARM | FINANCE CHAIR Trustee or director | 1 | $0 | $0 |
| RAY DANIELS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDRE DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOM FORRESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD F HONESTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MADELINE ROMIOUS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN C WIMES | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2300 MAIN ST STE 340, KANSAS CITY, MO 64108-2414
- In care of
- % SUSAN WALLY
- Principal officer (990 for 2024)
- SUSAN WALLY, 2300 MAIN STREET 340, KANSAS CITY, MO 64108
- Signed the 990
- SUSAN WALLY, CEO & PRESIDENT
- Phone
- (816) 931-7737
- Website
- WWW.PREPKC.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
IN A WORLD WHERE ZIP CODES CAN PREDICT OUTCOMES, PREP-KC IGNITES POTENTIAL BY BRINGING EDUCATORS AND INDUSTRY PROFESSIONALS TOGETHER TO BUILD PATHS TO MEANINGFUL CAREERS FOR STUDENTS ACROSS THE HEART OF BISTATE KANSAS CITY.
Program accomplishments
- PREP-KC PARTNERS WITH SIX SCHOOL DISTRICTS AND THREE CHARTER SCHOOLS, ENROLLING OVER 66,000 STUDENTS AND GRADUATING WITH APPROXIMATELY 3,900 HIGH SCHOOL STUDENTS ANNUALLY. 82% OF STUDENTS IDENTIFY AS STUDENTS OF COLOR, AND 86% COME FROM LOW-INCOME HOUSEHOLDS. OUR PARTNER SCHOOLS SERVE 19 OF THE 20 ZIP CODES WITH THE LOWEST MEDIAN HOUSEHOLD INCOMES IN THE NINE-COUNTY METROPOLITAN AREA. (CONTINUED ON SCHEDULE O) MARKET VALUE ASSETS (MVA) AND SCHOOL REDESIGN:MARKET VALUE ASSETS (MVAS) ARE MEASURABLE, CAREER-CONNECTED EXPERIENCES THAT HELP STUDENTS PREPARE FOR COLLEGE, CAREER, AND LIFE. PREP-KC TRACKS FOUR TYPES OF MVAS FOR STUDENTS IN OUR 21 PARTNER HIGH SCHOOLS: 1. NINE OR MORE COLLEGE CREDITS EARNED IN HIGH SCHOOLS 2. AN INDUSTRY-RECOGNIZED CREDENTIAL 3. COMPLETION OF AN INTERNSHIP OR CLIENT-CONNECTED PROJECT 4. COMPLETION OF AN ENTREPRENEURIAL EXPERIENCE SINCE 2019, PREP-KC HAS IMPLEMENTED A MULTI-FACETED APPROACH TO EXPAND MVA ATTAINMENT. THIS WORK INCLUDES REDESIGNING HIGH SCHOOLS TO PROVIDE "WALL TO WALL" MVA OPPORTUNITIES, ENSURING THAT STUDENTS HAVE MULTIPLE WAYS TO EARN MVAS THROUGH CAREER PATHWAYS, DUAL-CREDIT COURSES, APPRENTICESHIPS, AND STUDENT-RUN ENTERPRISES. PERSONALIZED MVA PLANNING SUPPORTS EACH STUDENT'S POSTSECONDARY ASPIRATIONS, WHILE SCHOOL STRUCTURES ARE ALIGNED TO INTEGRATE MVAS INTO THE CURRICULUM AND SCHEDULE. PREP-KC'S INITIATIVES HAVE RESULTED IN 11,627 GRADUATES EARNING AN MVA THROUGH 2025, EXCEEDING THE ORIGINAL SIX-YEAR TARGET OF 10,000 MVAS. BY 2025, 74% OF GRADUATES EARNED AT LEAST ONE MVA. STUDENTS WHO EARN MVAS ARE MORE LIKELY TO ENROLL IN COLLEGE, PERSIST THROUGH THEIR SECOND YEAR, AND GRADUATE THAN PEERS WHO DID NOT EARN AN MVA. PREP-KC CONTINUES TO SCALE MVA ATTAINMENT THROUGH SCHOOL REDESIGN STRATEGIES THAT EMBED CAREER EXPLORATION, PROJECT-BASED LEARNING, AND INDUSTRY MENTORSHIP INTO DAILY INSTRUCTION. BY 2030, EVERY STUDENT GRADUATING FROM A PARTNER HIGH SCHOOL WILL EARN AT LEAST ONE MVA ALIGNED WITH THEIR POSTSECONDARY ASPIRATIONS. THESE REDESIGN EFFORTS ALSO INCLUDE INTEGRATING EARLY COLLEGE AND CAREER EXPERIENCES FOR ELEMENTARY AND MIDDLE SCHOOL STUDENTS, SUPPORTING PERSONALIZED PLANS FOR HIGH SCHOOL AND BEYOND. PATHWAYS TO TECHNOLOGY:PREP-KC'S PATHWAYS TO TECHNOLOGY PROGRAM PROVIDES HIGH SCHOOL STUDENTS WITH COURSEWORK AND HANDS-ON EXPERIENCE IN TECHNOLOGY FIELDS. STUDENTS ATTEND CLASSES ONSITE AT ORACLE'S SOUTH KANSAS CITY CAMPUS. SINCE 2017, 89% OF PARTICIPANTS HAVE IDENTIFIED AS BLACK, LATINX, OR A PERSON OF COLOR, AND 37% ARE FEMALE. PROJECT POLARIS ENABLES STUDENTS TO DEVELOP OPEN-SOURCE SOFTWARE SOLUTIONS FOR NONPROFIT AND COMMUNITY PARTNERS, PROVIDING THEM WITH FUNCTIONAL, REAL-WORLD TECHNOLOGY EXPERIENCE.MATH RELAYS: PREP-KC HOSTS MATH RELAYS FOR STUDENTS IN GRADES 5-12. THESE EVENTS PROVIDE INDIVIDUAL AND TEAM CHALLENGES IN ALGEBRA, GEOMETRY, DATA, AND NUMBER SENSE AT LEVELS ALIGNED TO STUDENTS' CURRENT MATH COURSES. LAST YEAR, OVER 1,000 STUDENTS PARTICIPATED. THE PROGRAM EMPHASIZES LOGIC, PROBLEM-SOLVING, AND COLLABORATION, BUILDING FOUNDATIONAL SKILLS THAT SUPPORT COLLEGE READINESS AND CAREER PREPARATION.COLLEGE AND CAREER EXPLORATION: PREP-KC SUPPORTS STUDENTS IN GRADES 3-8 IN EXPLORING A WIDE RANGE OF OCCUPATIONS THROUGH INTERACTIONS WITH INDUSTRY PROFESSIONALS. IN THE 2024-2025 SCHOOL YEAR, 7,188 STUDENTS PARTICIPATED IN IN-PERSON EVENTS, AND 16,750 PARTICIPATED VIRTUALLY. A TOTAL OF 1,080 VOLUNTEERS REPRESENTING 411 BUSINESSES ENGAGED WITH STUDENTS, CONTRIBUTING OVER 4,130 HOURS OF VOLUNTEER SERVICE. THESE ACTIVITIES HELP STUDENTS DEVELOP AWARENESS OF CAREER PATHWAYS IN HEALTHCARE, TECHNOLOGY, BUSINESS, AND SKILLED TRADES.DATA SCIENCE: PREP-KC'S DATA IN ACTION INITIATIVE PROVIDES EIGHTH-GRADE STUDENTS WITH PROJECT-BASED DATA SCIENCE INSTRUCTION. STUDENTS ENGAGE WITH AUTHENTIC DATASETS, WORK WITH INDUSTRY PROFESSIONALS, AND DEVELOP DATA ANALYTICS SKILLS. IN THE 2024-2025 SCHOOL YEAR, 747 STUDENTS ENROLLED IN THE COURSE, AND 307 EARNED AN INDUSTRY-RECOGNIZED DATA ANALYTICS CREDENTIAL. TEACHERS RECEIVE PROFESSIONAL DEVELOPMENT AND JOB-EMBEDDED COACHING TO SUPPORT CURRICULUM INTEGRATION AND REAL-WORLD LEARNING EXPERIENCES.IMPACT:PREP-KC'S PROGRAMS HAVE CONTRIBUTED TO MEASURABLE, REGION-WIDE IMPROVEMENTS: - MVA ATTAINMENT INCREASED FROM 26% IN 2019 TO 74% IN 2025 - 11,627 GRADUATES HAVE EARNED AT LEAST ONE MVA THROUGH 2025 - STUDENTS WHO EARN MVAS ARE MORE LIKELY TO ENROLL IN COLLEGE, PERSIST THROUGH THEIR SECOND YEAR, AND GRADUATE THAN PEERS WHO DID NOT EARN AN MVA. - OVER 22,000 ELEMENTARY AND MIDDLE SCHOOL STUDENTS PARTICIPATE ANNUALLY IN EARLY COLLEGE AND CAREER EXPERIENCES. - MORE THAN 1,100 INDUSTRY VOLUNTEERS REPRESENTING OVER 400 EMPLOYERS SUPPORT HANDS-ON LEARNING ACROSS THE REGION.FUNDING AND SUSTAINABILITY:PREP-KC FUNDS ITS WORK THROUGH A COMBINATION OF PRIVATE FUNDRAISING, COST-SHARING AGREEMENTS WITH PARTNER SCHOOL DISTRICTS, AND EARNED INCOME FROM CONSULTING SERVICES. APPROXIMATELY 64% OF OPERATING REVENUE COMES FROM PRIVATE FUNDRAISING, AND 36% COMES FROM EARNED INCOME. PREP-KC MAINTAINS A BOARD-DESIGNATED RESERVE AND LEVERAGES A TRAIN-THE-TRAINER MODEL TO ENSURE DISTRICT STAFF CAN SUSTAIN PROGRAM ACTIVITIES INDEPENDENTLY. THESE MEASURES SUPPORT LONG-TERM STABILITY AND ALLOW PROGRAMS TO CONTINUE SERVING STUDENTS EVEN IN THE EVENT OF FUNDING FLUCTUATIONS.Expenses $3,176,926 · grants $467,299 · revenue $744,096
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 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0524230
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $5,775,500
- Income (IRS master file)
- $4,270,006
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,060,235 | $3,517,952 | $5,775,500 | IRS |
| 990 | June 2024 | $2,785,357 | $3,208,017 | $5,132,003 | IRS |
| 990 | June 2023 | $2,623,064 | $2,307,161 | $5,488,742 | XML |
| 990 | June 2022 | $1,728,820 | $2,119,614 | $4,974,693 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 26-0524230).
Questions about PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY
- What is the EIN of PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY?
- The employer identification number (EIN) of PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY is 26-0524230.
- Is PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY 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 PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY 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 PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY?
- The 990 for the year ended June 30, 2025 names SUSAN WALLY.
- Who are the officers and directors of PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY?
- The 990 for the year ended June 30, 2025 lists 13 people; 5 received compensation from the organization, the highest $175,000 (SUSAN WALLY, CEO & PRESIDENT).
- How much revenue does PARTNERSHIP FOR REGIONALEDUCATIONAL PREPARATION-KANSAS CITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,060,235, expenses of $3,517,952 and total assets of $5,775,500 at year end.
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- KANSAS CITY ART INSTITUTE EIN 44-0546278 · last filed 990 for 2025
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