2021-05-16T20:55:22-05:00 2020-06-30 341874260 CBIZ MHM LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2019-07-01 260524230 PARTNERSHIP FOR REGIONAL EDUCATIONAL PREPARATION - KANSAS CITY INC PART 8167531000 2300 MAIN STREET NO 340 KANSAS CITY MO 64108 SUSAN WALLY PRESIDENT & CEO 8167531000 2021-05-16 1 LISA BURKE P00220718 8169455500 2021-05-05 2019 2022-09-23 18:48:47Z SUSAN WALLY 2300 MAIN STREET NO 340 KANSAS CITY MO 64108 2692143 0 X WWW.PREPKC.ORG X 2007 MO SEE SCHEDULE O 9 9 17 792 0 0 875105 1840153 322223 409778 130476 117407 0 0 1327804 2367338 0 0 0 0 1283575 1354931 0 0 123685 774955 641935 2058530 1996866 -730726 370472 5295688 5809291 97046 298619 5198642 5510672 SEE SCHEDULE O 0 0 1678137 409778 SEE SCHEDULE O 1678137 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 17 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MO X X E2E LLC NANCY MCCULLOUGH 8162894274 519 SW BOULEVARD KANSAS CITY MO 64108 CHRIS GENTILE BOARD CHAIR 1.00 X X 0 0 0 DAVID WARM DIRECTOR 1.00 X 0 0 0 RAY DANIELS DIRECTOR 1.00 X 0 0 0 RAMON MURGUIA DIRECTOR 1.00 X 0 0 0 EDWARD F HONESTY DIRECTOR 1.00 X 0 0 0 TOM FORRESTER DIRECTOR 1.00 X 0 0 0 LEO E MORTON DIRECTOR 1.00 X 0 0 0 MADELINE ROMIOUS DIRECTOR 1.00 X 0 0 0 BRIAN WIMES DIRECTOR 1.00 X 0 0 0 SUSAN WALLY PRESIDENT & CEO 60.00 X 162500 0 4875 DOUG ELMER VICE PRESIDENT 60.00 X 145000 0 4350 SUSAN ENGELMAN BENCHMARKING COACH 40.00 X 113000 0 15974 420500 0 25199 3 0 1 0 0 82599 1757554 1840153 DISTRICT COST SHARING 611710 409778 409778 409778 76607 76607 365605 324805 40800 40800 40800 2367338 409778 0 117407 318219 199937 44360 73922 1036712 975754 17972 42986 36319 36319 238 238 165070 86353 78717 32713 31070 1643 15581 13520 717 1344 TEXTBOOKS, MATERIALS, A 126776 117131 9645 CONVENING AND NETWORKIN 113411 102545 5433 5433 TUITION, REGISTRATION, 97107 97107 COACHING/TRAINING 54720 54720 1996866 1678137 195044 123685 2817947 2893308 170000 595231 64170 75854 134533 117482 20400 10200 12239 10200 2035865 2069823 60934 47393 5295688 5809291 97046 37679 0 32240 0 228700 97046 298619 X 4881266 4708855 317376 801817 5198642 5510672 5295688 5809291 370472 23077 -81519 0 X 0 1 X 1 0 X 1128299 1487297 1180321 875105 1840153 6511175 1128299 1487297 1180321 875105 1840153 6511175 3335325 3175850 53187 57726 79076 105383 76607 371979 3365 2235 5600 6888754 0.46100 0.50950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20400 10200 10200 10200 PPP LOAN PAYABLE 228700 228700 X 2390177 23077 23077 2367100 238 238 2367338 2078147 81519 81519 1996628 238 238 1996866 PART X, LINE 2: THE ORGANIZATION HAS BEEN GRANTED EXEMPTION FROM INCOME TAXES BY THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. MANAGEMENT HAS ASSESSED THE EXPOSURE OF THE ORGANIZATION TO ANY UNCERTAIN TAX POSITIONS AND HAS CONCLUDED THAT NO MATERIAL UNCERTAIN TAX POSITIONS EXISTED AS OF JUNE 30, 2020 AND 2019. X X X X 0 0 0 0 0 0 0 0 0 SUSAN WALLY PRESIDENT & CEO 162500 0 0 0 0 0 4875 0 0 0 167375 0 0 0 FORM 990, PART I, LINE 1 PREP-KC FOCUSES ON PROVIDING STUDENTS FROM KANSAS CITY'S BI-STATE URBAN SCHOOL DISTRICTS WITH OPPORTUNITIES TO SUCCEED IN COLLEGE AND THEIR CAREERS. WORKING WITH THESE URBAN DISTRICTS, PREP-KC SUPPORTS AT-SCALE IMPROVEMENTS IN UNDERSERVED STUDENTS' OUTCOMES, MOST OF WHOM ARE FIRST-GENERATION COLLEGE-GOERS. PREP-KC INVESTS IN RESEARCH-BASED STRATEGIES THAT WILL PREPARE STUDENTS FOR CAREERS IN HIGH-DEMAND, WELL PAYING JOBS IN THE KANSAS CITY REGION. PREP-KC PARTNERS WITH SIX SCHOOL DISTRICTS AND FOUR CHARTER SCHOOLS ON BOTH SIDES OF THE STATE LINE. TOGETHER, THESE DISTRICTS SERVE OVER 70,000 STUDENTS AND PRODUCE OVER 2,900 ANNUAL HIGH SCHOOL GRADUATES; 81% OF THESE STUDENTS IDENTIFY AS STUDENTS OF COLOR, AS 88% LOW-INCOME. BY PROVIDING STUDENTS FROM THESE URBAN SCHOOLS WITH OPPORTUNITIES TO PREPARE FOR POSTSECONDARY EDUCATION AND MEANINGFUL CAREERS, PREP-KC'S WORK OFFERS A PATH TO ECONOMIC OPPORTUNITY. IT ALSO EXPANDS AND DIVERSIFIES THE REGION'S HOMEGROWN TALENT PIPELINE. FORM 990, PART III, LINE 4A SINCE ITS FOUNDING IN 2006, PREP-KC HAS BEEN DEVELOPING AND PILOTING AT-SCALE STRATEGIES TO IMPROVE STUDENT OUTCOMES IN THE BI-STATE REGION'S URBAN SCHOOL DISTRICTS. AS PREP-KC MEASURED PROGRESS SUCH AS HIGH SCHOOL GRADUATION RATES, IT BECAME CLEAR THAT A HIGH SCHOOL DIPLOMA IS NOT ENOUGH TO PROVIDE STUDENTS FROM LOW-INCOME BACKGROUNDS THE PREPARATION, EXPERIENCE, AND RELATIONSHIPS THEY NEED TO SUCCEED AFTER HIGH SCHOOL, AND TO GAIN ACCESS TO HIGH-GROWTH, HIGH-DEMAND CAREERS IN OUR REGION'S ECONOMY. TO ACHIEVE THESE GOALS, EVERY STUDENT NEEDS ACCESS TO INFORMATION, RESOURCES, AND OPPORTUNITIES TO PREPARE FOR COLLEGE AND CAREER SUCCESS. THESE SUPPORTS ARE ESPECIALLY CRITICAL--BUT TOO OFTEN UNAVAILABLE-- TO YOUNG PEOPLE GROWING UP IN THE HISTORICALLY UNDERSERVED NEIGHBORHOODS SERVED BY PREP-KC'S PARTNER SCHOOLS. THIS OPPORTUNITY GAP FOR STUDENTS IN UNDERSERVED COMMUNITIES LIMITS THESE YOUNG PEOPLE'S OPTIONS AFTER HIGH SCHOOL IN AN ERA WHERE A HIGH SCHOOL DIPLOMA PROVIDES NO GUARANTEE OF MEANINGFUL EMPLOYMENT OR ECONOMIC SECURITY. IN 2011, PREP-KC CREATED AND PILOTED STRATEGIES TO HELP COHORTS OF STUDENTS IN URBAN HIGH SCHOOLS GO BEYOND THE STANDARD REQUIREMENTS FOR A DIPLOMA AND DEVELOP CONCRETE EVIDENCE OF THEIR COLLEGE AND CAREER READINESS. AS WE TRACKED IMPACT DATA AND LEARNED FIRST-HAND FROM OUR STUDENTS' SUCCESS, PREP-KC INITIATED THE PHRASE "MARKET VALUE ASSETS" (MVA) TO DESCRIBE THE RIGOROUS EXPERIENCES THAT ALIGN STUDENTS' HIGH SCHOOL EDUCATION WITH POSTSECONDARY INSTITUTIONS' EXPECTATIONS AND THE 21ST-CENTURY WORKFORCE NEEDS. THESE ASSETS HAVE TANGIBLE, EVIDENCE-BASED VALUE TO STUDENTS' PROSPECTS FOR POSTSECONDARY ACCESS AND ATTAINMENT AND SUCCESS IN ENTERING HIGH-GROWTH, HIGH-DEMAND CAREER PATHWAYS. PREP-KC ALSO FOUND THAT ATTAINING AN MVA INCREASED HIGH SCHOOL GRADUATION RATES, DOUBLED POSTSECONDARY ENROLLMENT, AND INCREASED POSTSECONDARY PERSISTENCE FOR STUDENTS. MVAS ARE THOSE ASSETS THAT HAVE TANGIBLE, EVIDENCE-BASED VALUE TO STUDENTS' PROSPECTS FOR POSTSECONDARY ACCESS AND ATTAINMENT, AND SUCCESS IN ENTERING HIGH-GROWTH, HIGH-DEMAND CAREER PATHWAYS. PREP-KC NOW INVESTS IN AND MEASURES THE FOLLOWING FOUR MVAS: 1) AT LEAST NINE COLLEGE CREDITS EARNED DURING HIGH SCHOOL; 2) AN INDUSTRY RECOGNIZED CREDENTIAL EARNED DURING HIGH SCHOOL; 3) COMPLETION OF A RIGOROUS INTERNSHIP OR CLIENT PROJECT DURING HIGH SCHOOL; OR 4) RECEIVING A KC SCHOLARS OR HONEYWELL HOPE SCHOLARSHIP (THESE HIGH-VALUE SCHOLARSHIPS PROVIDE INTENSIVE SUPPORTS FOR STUDENTS DURING THE POSTSECONDARY APPLICATION, ADMISSIONS, AND TRANSITION PROCESSES.) CURRENTLY, APPROXIMATELY 34% (943 OUT OF 2800) OF PREP-KC PARTNER HIGH SCHOOL GRADUATES EARN A MARKET VALUE ASSET. PREP-KC IS PRESENTLY ENGAGING IN AN INTENSIVE, ORGANIZATION-WIDE EFFORT TO INCREASE GRADUATES' PERCENTAGE OF EARNING A MARKET VALUE ASSET TO 85% (2400 OUT OF APPROXIMATELY 2800) BY 2025. THIS STRATEGIC INITIATIVE WILL HELP OVER 10,000 STUDENTS FROM URBAN SCHOOLS EARN THESE HIGH-VALUE ASSETS BY 2025. AS THE REGION'S FIRST ORGANIZATION TO FOCUS OUR WORK ON HELPING STUDENTS ATTAIN MVAS, PREP-KC IS EXCITED THAT KC RISING AND THE EWING MARION KAUFFMAN FOUNDATION'S REAL WORLD LEARNING INITIATIVE HAVE ADOPTED THE CONCEPT OF MARKET VALUE ASSETS ACROSS THE BI-STATE REGION. OVER THE NEXT SEVERAL YEARS, PREP-KC IS POSITIONED TO PLAY A SIGNIFICANT ROLE AS A SOURCE OF TECHNICAL ASSISTANCE AND STRATEGIC CONSULTATION IN THESE REGIONAL EFFORTS. DURING THE PANDEMIC, PREP-KC HAS ALSO HELPED TEACHERS AND SCHOOLS FIND WAYS TO CONTINUE OFFERING STUDENTS THE OPPORTUNITY TO EARN MARKET VALUE ASSETS IN A REMOTE SETTING. DESPITE THE CHALLENGES PRESENTED BY SCHOOL CLOSURES, PREP-KC'S PARTNER DISTRICTS WERE ABLE TO INCREASE THE NUMBER OF GRADUATES FROM THE CLASS OF 2019 EARNING MARKET VALUE ASSETS (703) AND THE CLASS OF 2020 (943). DUAL ENROLLMENT COLLEGE COURSES, CLIENT PROJECTS, AND SOME INTERNSHIPS HAVE TRANSLATED WELL TO THE VIRTUAL ENVIRONMENT. HOWEVER, MOST INDUSTRY-RECOGNIZED CREDENTIALS REQUIRE SPECIALIZED EQUIPMENT OR WORKPLACE-BASED PRACTICAL TRAINING. THEREFORE, CERTIFICATION PROVIDERS TEMPORARILY SCALED BACK THESE PROGRAMS SINCE THE START OF THE PANDEMIC. PREP-KC HELPED SCHOOLS INTEGRATE MARKET VALUE ASSETS INTO THE REMOTE ENVIRONMENT FOR THE 2020-2021 SCHOOL YEAR. THIS WORK INCLUDES EARLY EFFORTS TO CREATE UNIVERSAL ACCESS TO MARKET VALUE ASSETS FOR ALL SENIORS AT SEVERAL OF OUR PARTNER SCHOOLS. CLIENT PROJECTS GREW SUBSTANTIALLY THIS YEAR, OFFERING MANY STUDENTS THE OPPORTUNITY TO COMPLETE AUTHENTIC PROBLEMS ON BEHALF OF INDUSTRY PARTNERS. ADDITIONALLY, SOME SCHOOLS HAVE BUILT SCALED-BACK INTERNSHIPS AND CLIENT PROJECTS INTO MIDDLE SCHOOL STUDENTS' COURSES TO PREPARE THEM FOR MORE RIGOROUS MVA OPPORTUNITIES NEXT YEAR. THE CONNECTOR PLATFORM HAS BECOME A CRITICAL COMPONENT OF PREP-KC'S EFFORTS TO INTEGRATE INDUSTRY PROFESSIONALS INTO THE CLASSROOM, BOTH DURING THE PANDEMIC AND AFTER SCHOOLS REOPEN. SINCE THE COVID-19 PANDEMIC SHUTTERED SCHOOL BUILDINGS IN EARLY MARCH, PREP-KC HAS DEDICATED OUR TIME AND ENERGY TO HELPING OUR SCHOOL PARTNERS TRANSITION TO VIRTUAL LEARNING ENVIRONMENTS AND PROVIDE CONTINUITY FOR STUDENTS AND TEACHERS. THROUGH APRIL 1, 2021, 831 TEACHERS HAVE PARTICIPATED IN 624 CONNECTOR SESSIONS, LOGGING AN ESTIMATED 15,600 STUDENT VIEWS DURING THE 2020-2021 SCHOOL YEAR. CONNECTOR USAGE SHOWS SUBSTANTIAL GROWTH IN THE PAST YEAR COMPARED TO 215 TEACHERS PARTICIPATING IN 375 CONNECTOR SESSIONS THAT RECORDED AN ESTIMATED 9,375 STUDENT VIEWS DURING THE 2019-2020 SCHOOL YEAR. AS PART OF OUR ONGOING EFFORTS TO ENSURE THAT EVERY STUDENT HAS A STRONG ACADEMIC FOUNDATION, PREP-KC WILL CONTINUE TO STRENGTHEN OUR K-3 LITERACY BENCHMARKING WORK ACROSS AN ESTIMATED 235 CLASSROOMS THAT WILL SERVE AT LEAST 4,000 STUDENTS NEXT YEAR. K-3 LITERACY BENCHMARKING HAS ALREADY DELIVERED PROMISING EARLY RESULTS DURING THE FIRST PHASE OF THE INITIATIVE. OVER THE PAST FOUR YEARS, PREP-KC PARTNER SCHOOLS IMPLEMENTING PREP-KC'S K-3 LITERACY BENCHMARKING INITIATIVE CUT THE PROFICIENCY GAP IN 3RD-GRADE READING SCORES IN HALF. PREP-KC HAS SPENT 15 YEARS BUILDING A ROBUST AND DIVERSE NETWORK OF BUSINESS AND INDUSTRYPROFESSIONALS COMMITTED TO VOLUNTEERING THEIR TIME, ENERGY, AND EXPERTISE TO HELP STUDENTS ATTENDING PREP-KC'S PARTNER SCHOOLS PREPARE FOR COLLEGE AND CAREER SUCCESS. DURING THE 2019-2020 SCHOOL YEAR, PREP-KC ENGAGED 792 INDUSTRY VOLUNTEERS FROM 223 BUSINESS AND POSTSECONDARY INSTITUTIONS WHO REACHED 8,429 STUDENTS THROUGH VIRTUAL (DUE TO COVID-19) CER EXPLORATION AND PREPARATION ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S OFFICERS WILL REVIEW THE FORM 990 PRIOR TO FILING THE RETURNS WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. IF INTERESTS ARISE DURING THE YEAR THEY MUST NOTIFY THE CORPORATION'S BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE AS SOON AS SUCH KNOWLEDGE OF ANY POTENTIAL CONFLICTS ARISE. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO OF THE ORGANIZATION WAS DETERMINED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC FOR REVIEW AT THEIR OFFICES FROM 8 A.M. - 5 P.M., MONDAY THROUGH FRIDAY.