THE ORGANIZATION IS DEVOTED TO SUPPORTING SINGLE SEX EDUCATIONAL POLICIES, PRACTICES AND STRUCTURES THAT LEAD TO INCREASED ACADEMIC SUCCESS AMONG BOYS AND YOUNG MEN. SPECIFICALLY, THE ORGANIZATION WILLACT AS THE SPONSOR OF A PUBLIC CHARTER SCHOOL (PREP PUBLIC SCHOOLS) CREATED PURSUANT TO THE TENNESSEEPUBLIC CHARTER SCHOOL ACT OF 2002.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.7M
+12.5% YoY
Annual Giving
$298K
Grant Count
2
Avg Grant Size
$149K
About Friends of Chattanooga Prep Inc
Based on IRS filings
Friends of Chattanooga Prep Inc is a nonprofit organization focused on Education, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.7M in total assets. In 2024, it awarded 2 grants totaling $298K. Net investment income was $2.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,704,343 | $17,507,883 | $13,976,091 |
| Revenue | $943,120 | $4,899,967 | $1,097,526 |
| Expenses | $1,208,783 | $744,673 | $552,357 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TED ALLING | CHAIR | 5 | — |
| SUE ANNE WELLS | DIRECTOR | 1 | — |
| JACK STUDOR | DIRECTOR | 1 | — |
| KELLY ALLING | DIRECTOR | 1 | — |
| DAVID CAINES | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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