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Education · 2023 Form 990

Yes Prep Public Schools Inc: $263.0M Revenue, $243.1M Expenses

Houston, Texas · EIN 760563835 · Filing year 2023

Yes Prep Public Schools Inc reported $263.0M in total revenue, $243.1M in total expenses, and $429.6M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.1M (0.81% of revenue). NonprofitTruth efficiency grade: A (92/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
A
Efficiency Score
92/100

Key Facts (2023 Form 990)

Total Revenue
$263.0M
Total Expenses
$243.1M
Total Assets
$429.6M
Reserve Months
21.2 months
Surplus / (Deficit)
$19.9M
EIN
760563835
Latest 990 Year
2023
Current-Officer Compensation
$2.1M
Officer Comp % of Revenue
0.81%

On the NonprofitTruth efficiency rubric, Yes Prep Public Schools Inc pulls an A — the highest available grade. The 92/100 composite reflects strong financial reserves, controlled officer compensation, and the kind of multi-year financial discipline that grant-makers look for.

Annual revenue at Yes Prep Public Schools Inc runs $263.0M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. On the reserves factor, Yes Prep Public Schools Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Yes Prep Public Schools Inc reported $263.0M in 2023, up notably from the start of the window. Officer compensation is modest relative to organizational size: Yes Prep Public Schools Inc reports $2.1M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $263.0M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Yes Prep Public Schools Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$263.0M
Revenue
$243.1M
Expenses
$429.6M
Total Assets
$2.1M
Officer Compensation

How Yes Prep Public Schools Inc Compares

Yes Prep Public Schools Inc earns a NonprofitTruth efficiency grade of A (92/100). That is 28 points above the Education category average. Compensation for current officers and key employees represents 0.81% of total revenue. The organization holds 21.2 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$243.1M
Total Expenses
Filing year 2023
$2.1M
Officer Compensation
0.81% of revenue
21.2 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Yes Prep Public Schools Inc reported $263.0M in revenue against $243.1M in total functional expenses for filing year 2023, holding roughly 21.2 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $2.1M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.81% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Yes Prep Public Schools Inc has a NonprofitTruth Efficiency Score of A (92/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Yes Prep Public Schools Inc, Donor FAQ

Yes Prep Public Schools Inc has a NonprofitTruth Efficiency Score of A (92/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Yes Prep Public Schools Inc reports $2.1M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.81% of the organization's $263.0M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Yes Prep Public Schools Inc reported $263.0M in annual revenue and $243.1M in total expenses for filing year 2023. The organization holds $429.6M in total assets.

Yes Prep Public Schools Inc holds approximately 21.2 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its A efficiency grade.

Yes Prep Public Schools Inc is a registered 501(c) organization with EIN 760563835, based in Houston, Texas. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.