Public Charity

FRIENDS OF CHATTANOOGA PREP INC

FRIENDS OF CHATTANOOGA PREP INC is a Public Charity headquartered in CHATTANOOGA, TN. Financial data from the 2024 filing: $943K revenue, $1.2M expenses, $19.7M total assets. 18 publicly reported grants to this organization, totaling roughly $3.4M, appear in IRS filings.

EIN: 813512599 CHATTANOOGA, TN Latest filing: 2024
Total Revenue$943K
Total Expenses$1.2M
Total Assets$19.7M
Grant Records18
Funding Total$3.4M
Filing Years2020–2024

Mission

THE ORGANIZATION IS DEVOTED TO SUPPORTING SINGLE SEX EDUCATIONAL POLICIES, PRACTICES AND STRUCTURES THAT LEAD TO INCREASED ACADEMIC SUCCESS AMONG BOYS AND YOUNG MEN. SPECIFICALLY, THE ORGANIZATION WILLACT AS THE SPONSOR OF A PUBLIC CHARTER SCHOOL (PREP PUBLIC SCHOOLS) CREATED PURSUANT TO THE TENNESSEEPUBLIC CHARTER SCHOOL ACT OF 2002.

Sample Grants Received

2024
ORGANIZATIONAL SUPPORT
$27,750
2024
UNRESTRICTED GENERAL SUPPORT
$25,000
2023
FOR THE SUPPORT OF THE ORGANIZATION
$864,516
2023
IN FURTHERANCE OF FOUNDATION'S PURPOSES
$55,000
2023
UNRESTRICTED GENERAL SUPPORT
$50,000

Showing up to 5 of 18 total records — full history available with membership.

Officers & Directors

DIRECTOR David Caines
DIRECTOR Jack Studor
DIRECTOR Kelly Alling
DIRECTOR Sue Anne Wells
CHAIR Ted Alling

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR THE SUPPORT OF THE ORGANIZATION
$2,445,255 5 grants
For grant recipient's exempt purposes
$610,000 3 grants
GENERAL USE AND/OR SPECIAL FUND/PROJECT
$95,000 2 grants
IN FURTHERANCE OF FOUNDATION'S PURPOSES
$81,900 4 grants
UNRESTRICTED GENERAL SUPPORT
$75,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $943K $1.2M $19.7M
2023 $4.9M $745K $17.5M
2022 $1.1M $552K $14.0M
2021 $1.2M $368K $12.3M
2020 $121K $275K $8.2M

Between 2020 and 2024, reported annual revenue grew from $121K to $943K (+678%), with total assets most recently reported at $19.7M.

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

See the full picture for FRIENDS OF CHATTANOOGA PREP INC

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