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Nonprofit · EIN 26-1878521

CONEY ISLAND PREP BUILDERS INC

Tax-exempt · BROOKLYN, NY 11224

Financials

$11.1M$5.2M2022$7.1M$5.8M2023$7.3M$6.3M2024
Revenue Expenses · by fiscal year end
Financials of CONEY ISLAND PREP BUILDERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,276,704$6,318,053$958,651$26,743,367$9,974,471$16,768,896
June 30, 2024990$7,126,267$5,774,988$1,351,279$25,495,094$10,140,726$15,354,368
June 30, 2023990$11,068,774$5,214,041$5,854,733$25,735,560$12,306,433$13,429,127
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,029,342
Program service revenue
$2,795,000
Investment income
$473,885
Net income from fundraising events
-$21,523
Other revenue
-$21,523

Expenses

Grants and similar amounts paid
$2,360,821
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,000
Accounting fees
$20,856
Occupancy
$1,777,093
Program services (functional)
$5,849,390
Management and general (functional)
$438,792
Fundraising (functional)
$29,871

Balance sheet and other

Total assets, start of year
$25,495,094
Total assets, end of year
$26,743,367
Total liabilities, end of year
$9,974,471
Net assets, end of year
$16,768,896
Publicly traded securities
$4,426,814
Net assets without donor restrictions
$8,777,886
Net assets with donor restrictions
$7,991,010
Gross receipts
$7,325,862
Employees
0
Volunteers
5
Year formed
2008
State of legal domicile
NY

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.

NameTitleHours / weekCompensation
JACOB MNOOKINPRESIDENT
Trustee or director, Officer
2$0
LANSING DAVISTREASURER
Trustee or director, Officer
2$0
LESLIE-BERNARD JOSEPHSECRETARY
Trustee or director, Officer
2$0
CHRISTAPHER BENSONTRUSTEE
Trustee or director
2$0
KAREN JOHNSONTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
JACOB MNOOKINPRESIDENT
Trustee or director, Officer
2$0
LANSING DAVISTREASURER
Trustee or director, Officer
2$0
LESLIE-BERNARD JOSEPHSECRETARY
Trustee or director, Officer
2$0
CHRISTAPHER BENSONTRUSTEE
Trustee or director
2$0
CARY MCCLELLANDTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
JACOB MNOOKINPRESIDENT
Trustee or director, Officer
2$0
LANSING DAVISTREASURER
Trustee or director, Officer
2$0
LESLIE-BERNARD JOSEPHSECRETARY
Trustee or director, Officer
2$0
CHRISTAPHER BENSONTRUSTEE
Trustee or director
2$0
CARY MCCLELLANDTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
626 SHEEPSHEAD BAY ROAD 560, BROOKLYN, NY 11224-0000
In care of
% NYC CHARTER CENTER
Principal officer (990 for 2024)
JACOB MNOOKIN, 626 SHEEPSHEAD BAY ROAD 560, BROOKLYN, NY 11224
Signed the 990
JACOB MNOOKIN, PRESIDENT
Phone
(929) 379-3901
Return prepared by
PKF O'CONNOR DAVIES LLP

Mission

CONEY ISLAND PREP BUILDERS, INC. IS A NON-PROFIT ORGANIZATION FOUNDED TO RAISE FUNDS AND SUPPORT CONEY ISLAND PREPARATORY PUBLIC CHARTER SCHOOL IN ITS EFFORT TO POSITIVELY IMPACT THE CONEY ISLAND COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • RAISING FUNDS AND SUPPORTING THE OPERATIONS OF CONEY ISLAND PREPARATORY PUBLIC CHARTER SCHOOL.
    Expenses $3,561,069 · grants $72,500 · revenue $2,795,000
  • QUALIFYING CONEY ISLAND PREP STUDENTS ARE PROVIDED WITH SUPPORT WITH POST-SECONDARY TUITION COSTS.
    Expenses $2,288,321 · grants $2,288,321

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-1878521
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 (B12)
Assets (IRS master file)
$26,743,367
Income (IRS master file)
$7,325,862

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,276,704$6,318,053$26,743,367IRS
990June 2024$7,126,267$5,774,988$25,495,094IRS
990June 2023$11,068,774$5,214,041$25,735,560XML
990June 2022$3,536,570$4,010,991$7,475,200IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 26-1878521).

Questions about CONEY ISLAND PREP BUILDERS INC

What is the EIN of CONEY ISLAND PREP BUILDERS INC?
The employer identification number (EIN) of CONEY ISLAND PREP BUILDERS INC is 26-1878521.
Is CONEY ISLAND PREP BUILDERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to CONEY ISLAND PREP BUILDERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CONEY ISLAND PREP BUILDERS INC 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 CONEY ISLAND PREP BUILDERS INC 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 CONEY ISLAND PREP BUILDERS INC 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 CONEY ISLAND PREP BUILDERS INC?
The 990 for the year ended June 30, 2025 names JACOB MNOOKIN.
Who are the officers and directors of CONEY ISLAND PREP BUILDERS INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does CONEY ISLAND PREP BUILDERS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,276,704, expenses of $6,318,053 and total assets of $26,743,367 at year end.

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