PEACE PREPRATORY ACADEMY INC Charity Report

Public IRS 990 nonprofit record

PEACE PREPRATORY ACADEMY INC

EIN 46-1175947 · Secondary & High Schools (B25)

What they do

PEACE PREPRATORY ACADEMY SEEKS to BE A PLACE THAT EDUCATES THE WHOLE CHILD, SUPPORTS THE WHOLE FAMILY, and PROVIDES GROWTH and CHANGE OPPORTUNITIES for THE WHOLE COMMUNITY IN HIGH A QUALITY, CHRIST-CENTERED LEARNING ENVIRONMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $67.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

202.13%of revenue went to mission work67.1% of expenses · Program services

23.22%of revenue went to fundraising7.7% of expenses

$301.30spent for every $100 of revenueSpending was higher than revenue this year.

75.95%of revenue went to management and office costs25.2% of expenses

$0.61in assets for every $1 spent this yearSome assets cannot be spent right away.

258.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,250,142 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $50,054 for SHANNON HOLLOMAN (PRINCIPAL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$621,027

Mission workProgram services$1,255,294202.13% of revenue67.1% of expenses

ManagementOffice and general costs$471,68675.95% of revenue25.2% of expenses

FundraisingAsking for donations$144,18923.22% of revenue7.7% of expenses

Total expenses$1,871,169301.30% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202467.1% mission

202372.1% mission

202272.1% mission

202172.2% mission

202070.0% mission

201969.8% mission

201871.6% mission

201796.6% mission

Money in and money out

Revenue$621,027

Expenses$1,871,169

Annual shortfall $1,250,142 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,255,294 · 67.1% of expenses

Management and office costs$471,686 · 25.2% of expenses

Fundraising$144,189 · 7.7% of expenses

See all reported dollar amounts

Revenue$621,027

Expenses$1,871,169

Assets$1,144,710

Income$2,999,176

Contributions$1,602,047

Mission work (program services)$1,255,294

Fundraising$144,189

Management and general$471,686

Accounting fees$57,711

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SHANNON HOLLOMANPRINCIPAL · 40 hrs/week $50,054Base $42,745 · Other $7,309

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

SHANNON HOLLOMANPRINCIPAL

ALEXIS DEGRAFFENREIDBOARD MEMBER

ANDREW HATCHETTBOARD VICE CHAIR

ANN KIMSEYBOARD MEMBER

CHARLES SHARPERBOARD MEMBER

CRAIG NORTONBOARD MEMBER

DEE HOOVERBOARD SECRETARY

DEWEY HARMSBOARD MEMBER

GARIN NARAINBOARD CHAIR

LECRAE MOOREBOARD MEMBER

MACHAMMA QUINICHETTBOARD MEMBER

PAUL ROBERTSONBOARD MEMBER

SHONDRIA COVINGTONBOARD MEMBER

TRENISE LYONSBOARD MEMBER

About this charity

Recognized since: January 2014
Location: 881 NORTH AVENUE NW, ATLANTA, GA 30318
County: Fulton
In care of: GARIN NARAIN
Primary officer: GARIN NARAIN, BOARD CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(470) 253-0826 Officer phone(404) 395-0710

Filing and classification

Latest tax year: 2024
Tax period began: August 1, 2024
Return type: 990
Tax preparer: BOOKKEEPING ILLUMINATIONS INC
NTEE classification: Secondary & High Schools (B25)
IRS tax category: Secondary & High Schools