Nonprofit · EIN 85-3931348
ESSENCE PREP INC
Tax-exempt · SAN ANTONIO, TX 78212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,873,671 | $9,175,566 | -$2,301,895 | $28,408,923 | $30,263,407 | -$1,854,484 |
| June 30, 2024 | 990 | $4,530,400 | $5,224,647 | -$694,247 | $29,617,451 | $29,170,040 | $447,411 |
| June 30, 2023 | 990 | $4,295,871 | $2,712,187 | $1,583,684 | $29,567,266 | $28,425,608 | $1,141,658 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,681,383
- of which government grants
- $4,755,044
- Program service revenue
- $1,630
- Investment income
- $116,232
- Other revenue
- $74,426
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $133,444
- Other salaries and wages
- $3,173,230
- Salaries, compensation and benefits (total)
- $3,974,724
- Professional fundraising fees
- $0
- Legal fees
- $74,554
- Accounting fees
- $29,000
- Travel
- $46,912
- Depreciation
- $1,086,160
- Program services (functional)
- $6,831,000
- Management and general (functional)
- $2,239,307
- Fundraising (functional)
- $105,259
Balance sheet and other
- Total assets, start of year
- $29,617,451
- Total assets, end of year
- $28,408,923
- Total liabilities, end of year
- $30,263,407
- Net assets, end of year
- -$1,854,484
- Land, buildings and equipment
- $26,260,717
- Net assets without donor restrictions
- -$1,854,484
- Gross receipts
- $6,873,671
- Employees
- 63
- Volunteers
- 143
- Year formed
- 2020
- State of legal domicile
- TX
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 |
|---|---|---|---|
| AKEEM BROWN | CEO/SUPERINTEND Officer | 40 | $133,444 |
| BRIAN DILLARD | Chairman Trustee or director, Officer | 2 | $0 |
| KANWAL S LOPEZ | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| JACKIE GORMAN | Secretary Trustee or director, Officer | 2 | $0 |
| DR CYNTHIA WARRICK | BOARD MEMBER Trustee or director | 2 | $0 |
| DR HENRI MUNOZ | BOARD MEMBER Trustee or director | 2 | $0 |
| MIKE FRISBIE | BOARD MEMBER Trustee or director | 2 | $0 |
| LUCINDA VIGIL | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AKEEM BROWN | CEO/SUPERINTEND Officer | 40 | $120,988 |
| BRIAN DILLARD | Chairman Trustee or director, Officer | 2 | $0 |
| KANWAL S LOPEZ | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| JACKIE GORMAN | Secretary Trustee or director, Officer | 2 | $0 |
| GEORGE PEDRAZA | FORMER TREASUR Trustee or director, Officer | 2 | $0 |
| HENRIETTA MUNOZ | BOARD MEMBER Trustee or director | 2 | $0 |
| CYNTHIA WARRICK | BOARD MEMBER Trustee or director | 2 | $0 |
| MIKE FRISBIE | BOARD MEMBER Trustee or director | 2 | $0 |
| MARQUES MITCHELL | BOARD MEMBER Trustee or director | 2 | $0 |
| LUCINDA VIGIL | Treasurer Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AKEEM BROWN | SUPERINTENDENT Officer | 40 | $116,240 |
| BRIAN DILLARD | Chairman Trustee or director, Officer | 2 | $0 |
| KANWAL S LOPEZ | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| JACKIE GORMAN | Secretary Trustee or director, Officer | 2 | $0 |
| GEORGE PEDRAZA | Treasurer Trustee or director, Officer | 2 | $0 |
| HENRIETTA MUNOZ | BOARD MEMBER Trustee or director | 2 | $0 |
| KIM ABERNETHY | BOARD MEMBER Trustee or director | 2 | $0 |
| MIKE FRISBIE | BOARD MEMBER Trustee or director | 2 | $0 |
| MARQUES MITCHELL | BOARD MEMBER Trustee or director | 2 | $0 |
| MARY GRADNEY | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 200 MELROSE PL UNIT 500, SAN ANTONIO, TX 78212-4055
- Principal officer (990 for 2024)
- AKEEM BROWN, 723 SE LOOP 410, SAN ANTONIO, TX 78220
- Signed the 990
- AKEEM BROWN, CEO & SUPERINTENDENT
- Phone
- (210) 997-5636
- Website
- ESSENCEPREPSA.ORG
- Return prepared by
- SCHRIVER CARMONA & COMPANY PLLC
Mission
Developing leading agents of changeEssence Preparatory Public School, through rigorous academics, intentional character development, and cultivating student knowledge of self, prepares all kindergarten through eighth grade students for high school, college, and beyond as leading agents of change in their communities.
Program accomplishments
- Essence Preparatory Charter School ("Essence Prep") prepares kindergarten through eighth-grade scholars for high school, college, and beyond. We employ a student-centered approach, where rigorous academics, character development, and a structured environment build a strong foundation. Cultivating our scholars' knowledge of self is an essential step in preparing them for a future full of possibilities. At Essence Prep, every scholar makes a Journey of Self-Discovery, and it underpins everything we do. "Social-emotional learning" (SEL) is ubiquitous in schools these days but, it is clear to our team that something is lacking from existing programs. Educators have the best intentions to launch SEL programming for positive outcomes. Yet our team knows what most educators do not: real social-emotional learning starts from a deep and genuine understanding of one's self. Scholars can only be expected to uncover deep sociological or emotional truths in their world once they truly understand their own minds, bodies, and places in the world. This is especially true of the scholars we aim to serve.Expenses $6,831,000
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
- 85-3931348
- 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
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $28,408,923
- Income (IRS master file)
- $6,873,671
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,873,671 | $9,175,566 | $28,408,923 | IRS |
| 990 | June 2024 | $4,530,400 | $5,224,647 | $29,617,451 | IRS |
| 990 | June 2023 | $4,295,871 | $2,712,187 | $29,567,266 | XML |
| 990 | August 2022 | $1,506,948 | $1,506,730 | $1,063,372 | 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 85-3931348).
Questions about ESSENCE PREP INC
- What is the EIN of ESSENCE PREP INC?
- The employer identification number (EIN) of ESSENCE PREP INC is 85-3931348.
- Is ESSENCE PREP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to ESSENCE PREP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ESSENCE PREP 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 ESSENCE PREP 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 ESSENCE PREP 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 ESSENCE PREP INC?
- The 990 for the year ended June 30, 2025 names AKEEM BROWN.
- Who are the officers and directors of ESSENCE PREP INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $133,444 (AKEEM BROWN, CEO/SUPERINTEND).
- How much revenue does ESSENCE PREP INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,873,671, expenses of $9,175,566 and total assets of $28,408,923 at year end.
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