Public Charity

PREP FOR PREP

PREP FOR PREP is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2025 filing: $11.2M revenue, $15.5M expenses, $63.0M total assets. 141 publicly reported grants to this organization, totaling roughly $16.0M, appear in IRS filings.

EIN: 132613383 NEW YORK, NY Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$11.2M
Total Expenses$15.5M
Total Assets$63.0M
Grant Records141
Funding Total$16.0M
Filing Years2020–2025

Mission

PREP FOR PREP WAS ESTABLISHED IN 1978 WITH THE OBJECTIVE OF PROVIDING EDUCATIONAL ACCESS AND OPPORTUNITY TO NEW YORK CITY'S MOST PROMISING STUDENTS TO ENABLE THEM TO BECOME LEADERS IN THEIR COMMUNITIES AND IN THE COUNTRY'S MAJOR INSTITUTIONS.

Where $100 goes at Prep for Prep

How Prep for Prep divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$14 Management running the organization
$5 Fundraising raising the next dollar

Inside the $81 for programs

$31
Preparatory programs prep redefines opportunity for top students in NYC public schools through exceptional academic and social preparedness programming a rigorous 14-month course of studythat results in placing…
39% of program spending · Reported in the filing: 200 students; 700 students
$22
Counseling prep provides individual counseling for approximately 700 students annually throughout their time (ranging from 4-6 years) in independent day and boarding schools
27% of program spending · Reported in the filing: 700 students; 600 students
$14
Leadership development prep offers leadership development and professional advancement opportunities during high school and college to roughly 1,300 students annually
17% of program spending · Reported in the filing: 1,300 students

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Alexander R Edlich
TRUSTEE Alex Clavel
TRUSTEE SINCE 10/8/24 Alexis Mulvihill
TRUSTEE Anita Volz Wien
TRUSTEE Anson H Beard
TRUSTEE Anthony Kim

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$8,281,171 88 grants
Education
$6,494,269 45 grants
International Aid & Development
$681,258 1 grant
Religion & Spirituality
$460,750 1 grant
Unspecified
$105,816 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $11.2M $15.5M $63.0M
2024 $14.4M $15.5M $63.2M
2023 $16.5M $14.9M $63.0M
2021 $11.5M $10.9M $67.7M
2020 $9.1M $12.3M $56.6M

Between 2020 and 2025, reported annual revenue grew from $9.1M to $11.2M (+22%), with total assets most recently reported at $63.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for PREP FOR PREP

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