ASU PREPARATORY ACADEMY INC

TEMPE, AZ, 85287 (480) 727-5809 Est. 2007 EIN 26-0664313

B29 - Charter Schools 990 - Public charity return 501(c)(3)

asuprep.asu.edu

Mission

OUR MISSION IS TO AFFORD STUDENTS AN OPTIMUM ENVIRONMENT FOR LEARNING, HELP THEM ACHIEVE THEIR POTENTIAL AND ENSURE THE APPROPRIATE LEVEL OF COLLEGE READINESS.

Financials

Total Revenue

$82,625,017

Total Expenses

$87,114,925

Net Assets

$20,946,008

1,025 employees 278 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

2.9 months Low

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 0.3%

Expenses ↓ 0.9%

Revenue Sources

Contributions 98.0% Earned revenue 1.1% Other 1.0%

Expense Breakdown

Program 69.1% Management 30.9%

Officers & Key Employees (14)

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Grants Received (31)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$82,625,017 ↑	$87,114,925	$20,946,008
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$82,416,980 ↑	$87,879,355	$25,435,916
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$76,710,496 ↓	$78,160,954	$31,082,166
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$81,078,916 ↑	$70,950,080	$33,614,203
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$66,068,953 ↑	$54,381,602	$24,463,267
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$40,852,176 ↑	$40,398,428	$12,775,916
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$29,860,612	$30,870,884	$9,879,558