EIN 20-0138672

Urban Prep Academies

IRS 501(c) type
501(c)(3)
Num. employees
158
Year formed
2002
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Urban Prep Academies is a nonprofit organization that operates a network of free open-enrollment public all-male college-preparatory high schools in Chicago. Their mission is to provide a comprehensive, high-quality education.
Total revenues
$8,277,718
2023
Total expenses
$9,185,331
2023
Total assets
$2,325,282
2023
Num. employees
158
2023

Program areas at Urban Prep Academies

During the year, Urban Prep has enrolled over 1200 Students; Achieved the highest college acceptance rates (100%) and college enrollment rates (98%) among Chicago Public Schools; Provided targeted Mentoring and Tutoring to appoximately 400 9th grade students; Provided Post High School counseling to over 200 graduates.

Who funds Urban Prep Academies

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Quest Foundation (KQF)Operate A Network of All-Boys Public Schools$50,000
Meg and Tim Callahan Family FoundationCharitable Event$25,000
Meg and Tim Callahan Family FoundationChristmas Meals To Up Families Fund$13,300
...and 5 more grants received

Personnel at Urban Prep Academies

NameTitleCompensation
Timothy J KingBoard Chair and Chief Executive Officer / Board President and Chief Executive Officer$220,000
Troy BoydChief Operating Officer$130,050
Daryll LaceyPrincipal$109,242
Joffrey BywaterPrincipal - B'ville$126,100
Othiniel MahonePrincipal$125,000
...and 9 more key personnel

Financials for Urban Prep Academies

RevenuesFYE 06/2023
Total grants, contributions, etc.$8,143,733
Program services$37,209
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$96,776
Total revenues$8,277,718

Form 990s for Urban Prep Academies

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-20990View PDF
2022-062023-05-26990View PDF
2021-062021-11-03990View PDF
2020-062021-04-02990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s
Data update history
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 6, 2024
Updated personnel
Identified 3 new personnel
December 23, 2023
Received grants
Identified 3 new grant, including a grant for $25,000 from Meg and Tim Callahan Family Foundation
August 1, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 22, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
SchoolsK-12 schoolsCharities
Issues
Education
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
420 N Wabash Ave
Chicago, IL 60611
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
urbanprep.org/ 
Phone
(312) 276-0259
Facebook page
UrbanPrepAcademies 
Twitter profile
@urbanprep 
IRS details
EIN
20-0138672
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B25: High School
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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