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Intrepid College Preparatory Incorporated

EIN 45-4616636 · Nashville, TN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceGood80 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SEE SCHEDULE O.

Income
$15.3 million
Spending
$14.4 million
Spent on programs
67%
Reserves
3.8 months of spending
Largest source of income
government grants, 96%
Employees
123
Volunteers
0
Highest pay
$232,170, ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 75 out of 100. Higher than 67% of charities in its peer group (education, $10m to $100m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.8 months of spending.

  • Debt

    10 of 20

    It owes 31% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 6% of income.

  • Income trend

    15 of 15

    Income rose 2% on the year before.

  • Spending floor

    15 of 15

    67% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 80 out of 100. Higher than 11% of charities in its peer group (education, $10m to $100m).

  • Independent board

    5 of 25

    0 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $9.6 million spent. INTREPID COLLEGE PREPARATORY CHARTER SCHOOL IS A HIGH PERFORMING CHARTER SCHOOL EDUCATING STUDENTS IN NASHVILLE'S LOWEST INCOME AND MOST EDUCATIONALLY UNDERSERVED COMMUNITIES IN SOUTHEAST NASHVILLE. OUR MISSION IS TO ENSURE THAT OUR SCHOLARS, EDUCATORS, AND FAMILIES HAVE THE OPPORTUNITY TO UNLOCK AN UNLIMITED FUTURE. BY PROVIDING RIGOROUS ACADEMIC INSTRUCTION AND CREATING POWERFUL RELATIONSHIPS AMONGST OUR COMMUNITY'S MEMBERS, WE IGNITE PASSION, SEEK KNOWLEDGE, AND INSPIRE THE BRAVERY NEEDED TO HAVE A PROFOUND IMPACT IN OUR WORLD. THE SCHOOL HAS GROWN FROM A CAMPUS SERVING 84 STUDENTS IN FIFTH GRADE IN 2013 TO A CAMPUS SERVING APPROXIMATELY 860 STUDENTS IN GRADES FIVE THROUGH TWELVE. ON THE 2024 TNREADY STATE ASSESSMENT, INTREPID EARNED LEVEL 5 GROWTH RATINGS IN ELA, MATH AND SCIENCE. INTREPID ALSO SCORED OVERALL LEVEL 5 IN ENGLISH, US HISTORY, AND BIOLOGY EOC EXAMS. INTREPID COLLEGE PREP CURRENTLY HAS A 95.9% GRADUATION RATE WITH 74.3% POSTSECONDARY ENROLLMENT

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2012.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.