BUFFALO PREP INC

BUFFALO, NY, 14214-0000 (716) 829-3605 Est. 1989 EIN 16-1359846

Form 990 501(c)(3)

WWW.BUFFALOPREP.COM

Mission

WITH A FOCUS ON RACIALLY AND CULTURALLY AFFIRMING PRACTICES, BUFFALO PREP ADVOCATES FOR EDUCATIONAL ACCESS AND EQUITY AND PROVIDES PROGRAMMING TO ACADEMICALLY AMBITIOUS SCHOLARS OF COLOR. WE STRIVE TO NURTURE OUR SCHOLARS' BRILLIANCE WHILE EMPOWERING THEM TO ENGAGE CIVICALLY AS THEIR AUTHENTIC SELVES.

Financials

Total Revenue

$2,973,164

Total Expenses

$2,447,378

Net Assets

$6,353,632

94 employees 85 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

2.6 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 25.2%

Expenses ↑ 1.0%

Revenue Sources

Contributions 100.7% Earned revenue 0.2% Investment 0.8%

Expense Breakdown

Program 82.1% Management 7.3% Fundraising 10.6%

Officers & Key Employees (24)

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Grants Received (45)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$2,973,164 ↑	$2,447,378	$6,353,632
2022 Form 990	$2,374,083 ↑	$2,423,569	$5,628,467
2021 Form 990	$2,229,642 ↑	$2,070,118	$5,445,172
2020 Form 990	$1,860,239 ↓	$1,600,111	$5,558,674
2019 Form 990	$2,409,672	$1,470,910	$4,694,884