EIN 02-0550253

DC Prep

IRS 501(c) type
501(c)(3)
Num. employees
515
Year formed
2001
Most recent tax filings
2023-06-01
NTEE code, primary
Description
DC Prep's mission is to bridge the educational divide in Washington, DC by increasing the number of students from underserved communities with the academic preparation and personal character to succeed in competitive high schools and colleges.
Also known as...
DC Preparatory Academy
Total revenues
$60,553,302
2023
Total expenses
$62,835,132
2023
Total assets
$114,824,621
2023
Num. employees
515
2023

Program areas at DC Prep

At DC prep, our vision is that every child will be prepared academically and socially for a successful future. We have big dreams for our students and make those dreams a reality through daily effort, focus, and support of one another and our students and families. DC prep currently operates six tuition-free public charter schools that are open to any child in Washington, enrolling more than 2,100 students in grades preschool through 8th grade. Historically, 89% of DC prep students are african-american and 7% are hispanic; over 60% of students are considered "at risk" because they are homeless, in foster care, or their families qualify for government assistance.dc prep has a twin focus on high-quality, rigorous academics and holistic social-emotional growth. During our 20 years as a charter network, we have achieved significant results across student outcomes (including alumni success), quality reports, and awards and recognitions. In our 21-year history, DC prep has consistently been among the highest performing networks of public charter schools in our nation's capital. Our 2023 parcc assessment results demonstrated that DC prep students grew at a faster pace post-pandemic than students citywide. One-hundred percent of our alumni have been accepted to a college-preparatory high school, earning a cumulative $13 million in scholarship support. Our all-time high school graduation rate is 95%, compared to the citywide rate of 75%. Our alumni graduate college at four times the rate of their peers, both locally and nationally.all DC public charter schools must undergo the accreditation process every five years to remain eligible for operation in the city. The accreditation process is conducted by an independent third-party accreditation organization to evaluate an lea's performance against a number of performance standards evaluating leadership, learning, and resource capacity. In its most recent accreditation review by cognia, DC prep earned an index of education quality (ieq) score of 387 out of a possible 400 points. The five-year average of institutions in cognia's accreditation network is 278-283.the DC office of the state superintendent of education (osse) releases an annual assessment of school performance. The DC school report card is designed to provide community members and families with high-quality information and school performance data for all public schools in DC. Summative school performance scores are calculated using a number of measures. In 2023, all three of DC prep's middle school campuses scored in the top 10% of middle schools in the city; our edgewood middle campus received the highest summative score of any middle school in the city. Each year, the DC public charter school board issues an overall ranking of schools' academic and culture progress, ranking each school between tier 1 (the highest) and tier 3 (the lowest). All five DC prep campuses open at the time earned a tier 1 ranking on the 2019 school quality reports, the highest ranking (amc did not open until 2020). The DC pcsb has not issued tier rankings since 2019 due to the impact of the pandemic.

Grants made by DC Prep

GranteeGrant descriptionAmount
DC Prep Support CorporationSinking Fund Payments for Aec's Loan$375,000

Who funds DC Prep

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
MPG FoundationPublic Charity$100,000
Boone Family Foundation2022 General Operating Support$75,000
Greater Washington Community FoundationGeneral Support$70,000
...and 15 more grants received

Personnel at DC Prep

NameTitleCompensation
Laura MaestasChief Executive Officer$210,998
Dan EnglenderChief Operations and Financial Officer
Daniel Englender Chief OperOfficer and Chief Financial Officer and Treasurer$196,755
Barry BrinkleyChief of Staff$151,950
Neils Ribeiro-YemofioChief of External Affairs$155,541
...and 17 more key personnel

Financials for DC Prep

RevenuesFYE 06/2023
Total grants, contributions, etc.$57,471,605
Program services$2,002,759
Investment income and dividends$932,694
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$25,579
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$120,665
Total revenues$60,553,302

Form 990s for DC Prep

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-11990View PDF
2020-062021-05-11990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s

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Lisa AcademyLittle Rock, AR$42,349,077
Phillips Exeter Academy (PEA)Exeter, NH$153,586,037
Rex and Margaret Fortune School of EducationSacramento, CA$45,742,933
Norwich Free Academy (NFA)Norwich, CT$46,787,226
KIPP Metro Atlanta SchoolsAtlanta, GA$130,634,197
Groton SchoolGroton, MA$54,693,070
Herron High SchoolIndianapolis, IN$25,203,989
Christ Church Episcopal School (CCES)Greenville, SC$35,661,542
Fryeburg AcademyFryeburg, ME$21,265,735
Data update history
October 14, 2024
Updated personnel
Identified 1 new personnel
September 21, 2024
Received grants
Identified 4 new grant, including a grant for $70,000 from Greater Washington Community Foundation
July 18, 2024
Updated personnel
Identified 4 new personnel
July 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 9, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsK-12 schoolsHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
707 Edgewood St Ne
Washington, DC 20017
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
dcprep.org/ 
Phone
(202) 635-4590
IRS details
EIN
02-0550253
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B25: High School
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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