Nonprofit · EIN 01-0851252
PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC
Also known as PROSPECT HILL ACADEMY FOUNDATION
Tax-exempt · CAMBRIDGE, MA 02139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $754,658 | $468,950 | $285,708 | $2,977,768 | $0 | $2,977,768 |
| June 30, 2024 | 990 | $741,172 | $83,561 | $657,611 | $2,692,060 | $0 | $2,692,060 |
| June 30, 2023 | 990 | $435,631 | $376,019 | $59,612 | $2,147,037 | $112,588 | $2,034,449 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $484,531
- Program service revenue
- $0
- Investment income
- $270,127
- Net gain from sales of assets
- $257,954
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $433,316
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $433,316
- Management and general (functional)
- $35,634
Balance sheet and other
- Total assets, start of year
- $2,692,060
- Total assets, end of year
- $2,977,768
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,977,768
- Publicly traded securities
- $2,965,389
- Net assets without donor restrictions
- $2,545,008
- Net assets with donor restrictions
- $432,760
- Gross receipts
- $756,974
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2005
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HALEY ADAMS | CHAIR Trustee or director, Officer | 0.5 | $0 |
| MATT BREWSTER | TREASURER Trustee or director, Officer | 0.5 | $0 |
| BODE TUNDE-LUKAN | CLERK Trustee or director, Officer | 0.5 | $0 |
| JAMES ADAMS | MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HALEY ADAMS | CHAIR Trustee or director, Officer | 0.5 | $0 |
| STEPHANIE DEERING | MEMBER/TREASURER Trustee or director, Officer | 0.5 | $0 |
| BODE TUNDE-LUKAN | CLERK Trustee or director, Officer | 0.5 | $0 |
| JAMES ADAMS | MEMBER AT LARGE Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HALEY ADAMS | CHAIR Trustee or director, Officer | 0.5 | $0 |
| STEPHANIE DEERING | MEMBER/TREASURER Trustee or director, Officer | 0.5 | $0 |
| BODE TUNDE-LUKAN | CLERK Trustee or director, Officer | 0.5 | $0 |
| JAMES ADAMS | MEMBER AT LARGE Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 50 ESSEX ST, CAMBRIDGE, MA 02139-2602
- In care of
- % SUSAN ISTOCK
- Principal officer (990 for 2024)
- HALEY ADAMS, 50 ESSEX STREET, CAMBRIDGE, MA 02139
- Signed the 990
- HALEY ADAMS, CHAIR
- Phone
- (617) 284-7800
- Website
- WWW.PROSPECTHILLACADEMY.ORG
- Return prepared by
- AAFCPAS INC
Mission
THE PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION WILL SOLICIT FUNDS FROM DIVERSE SOURCES IN AN HONEST AND ETHICAL MANNER WITH THE SOLE PURPOSE OF PROVIDING FINANCIAL SUPPORT TO AID PROSPECT HILL ACADEMY CHARTER SCHOOL IN FULFILLING ITS MISSION TO PREPARE STUDENTS FOR SUCCESS IN COLLEGE, INSPIRE A LIFELONG LOVE OF LEARNING, AND FOSTER RESPONSIBLE CITIZENSHIP.
Program accomplishments
- GRANTS AWARDED TO PROVIDE FINANCIAL SUPPORT AND AID TO PROSPECT HILL ACADEMY CHARTER SCHOOL.Expenses $433,316 · grants $433,316
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0851252
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B112)
- Assets (IRS master file)
- $2,977,768
- Income (IRS master file)
- $756,974
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $754,658 | $468,950 | $2,977,768 | XML |
| 990 | June 2024 | $741,172 | $83,561 | $2,692,060 | XML |
| 990 | June 2023 | $435,631 | $376,019 | $2,147,037 | XML |
| 990 | June 2022 | $451,363 | $231,757 | $1,908,705 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0851252).
Questions about PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC
- What is the EIN of PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC?
- The employer identification number (EIN) of PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC is 01-0851252.
- Is PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names HALEY ADAMS.
- Who are the officers and directors of PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PROSPECT HILL ACADEMY CHARTER SCHOOL FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $754,658, expenses of $468,950 and total assets of $2,977,768 at year end.
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