STATESMEN COLLEGE PREPARATORY ACADEMY FOR BOYS Charity Report

Public IRS 990 nonprofit record

STATESMEN COLLEGE PREPARATORY ACADEMY FOR BOYS

EIN 82-1901942 · Elementary & Secondary Schools (B20)

What they do

to CREATE A BOY-FRIENDLY, PEDAGOGY-INFORMED ACADEMIC ENVIRONMENT WITHIN WHICH YOUNG MEN ARE EQUIPPED WITH THE ACADEMIC SKILLS, SOCIAL COMPETENCIES, and PERSONAL DEVELOPMENT NECESSARY to NAVIGATE LIFE CHALLENGES, ATTEND and COMPLETE THE COLLEGE of THEIR CHOICE, and RETURN to BECOME THE PREMIER AGENTS of SOCIAL CHANGE WITHIN and for THE COMMUNITIES THEY SERVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.30 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 leaders12 people are listed in the latest report.

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

Money made simple

79.66%of revenue went to mission work88.3% of expenses · Program services

2.44%of revenue went to fundraising2.7% of expenses

$90.21spent for every $100 of revenueRevenue covered expenses this year.

8.11%of revenue went to management and office costs9.0% of expenses

$0.68in assets for every $1 spent this yearSome assets cannot be spent right away.

18.5%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.

Pay context: The highest compensation shown in this filing is $247,963 for SHAWN HARDNETT (FOUNDER AND EXECUTIVE DIRECTOR). 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$12,070,542

Mission workProgram services$9,615,25779.66% of revenue88.3% of expenses

ManagementOffice and general costs$978,7478.11% of revenue9.0% of expenses

FundraisingAsking for donations$294,3652.44% of revenue2.7% of expenses

Revenue left after expensesReported annual surplus$1,182,1739.79% of revenueShown in gray on the chart

Total expenses$10,888,36990.21% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 88.3% mission · 9.0% management · 2.7% fundraisingTotal expenses: 90.21% of revenue

2023Expense mix: 88.7% mission · 7.5% management · 3.8% fundraisingTotal expenses: 95.09% of revenue

2022Expense mix: 89.3% mission · 7.9% management · 2.8% fundraisingTotal expenses: 92.93% of revenue

2021Expense mix: 88.1% mission · 10.4% management · 1.5% fundraisingTotal expenses: 91.74% of revenue

2020Expense mix: 89.2% mission · 9.4% management · 1.5% fundraisingTotal expenses: 73.11% of revenue

2019Expense mix: 86.9% mission · 11.4% management · 1.7% fundraisingTotal expenses: 98.98% of revenue

2017Expense mix: 84.2% mission · 13.4% management · 2.4% fundraisingTotal expenses: 70.01% of revenue

Money in and money out

Revenue$12,070,542

Expenses$10,888,369

Annual surplus $1,182,173 Revenue was higher than expenses 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)$9,615,257 · 88.3% of expenses

Management and office costs$978,747 · 9.0% of expenses

Fundraising$294,365 · 2.7% of expenses

See all reported dollar amounts

Revenue$12,070,542

Expenses$10,888,369

Assets$7,390,725

Income$12,070,542

Contributions$2,234,307

Mission work (program services)$9,615,257

Fundraising$294,365

Management and general$978,747

Accounting fees$167,427

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

SHAWN HARDNETTFOUNDER AND EXECUTIVE DIRECTOR · 40 hrs/week $247,963Base $230,183 · Other $17,780

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 (12)

SHAWN HARDNETTFOUNDER AND EXECUTIVE DIRECTOR

ALICIA R ADAMSACADEMIC & PROGRAM EXCELLENCE CO-CHAIR

BARBARA WILLIAMSTRUSTEE

BERNARD WOOLFEYTRUSTEE

BISI OYEDALETRUSTEE

GREG VAN HOUTENSECRETARY

JUAN PAGANTREASURER & FINANCE CHAIR

NICOLE SOLOMON MITCHELLBOARD CHAIR

RAY D MCKENZIEACADEMIC & PROGRAM EXCELLENCE CO-CHAIR

RAYMOND A WEEDEN JRBOARD VICE CHAIR

SAMANTHA BARBEETRUSTEE

SATIRA STREETER CORBITTTRUSTEE

About this charity

Recognized since: January 2017
Location: 4600 LIVINGSTON RD SE, WASHINGTON, DC 20032-3136
County: District of Columbia
In care of: SHAWN HARDNETT
Primary officer: SHAWN HARDNETT, CEO/FOUNDER/HEAD OF SCHOOL

How to reach them

WebsiteVisit the charity’s website Emailinformation@statesmenboys.org Phone(202) 505-9072

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: SB & COMPANY LLC
NTEE classification: Elementary & Secondary Schools (B20)
IRS tax category: Elementary & Secondary Schools