Civic Intelligence

Village Preparatory School

990 • Fiscal year 2018 • EIN 26-2367774

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 24, 2019

Organization Profilewww.theprepschools.org
1415 East 36th StreetCleveland, OH 44114

(216) 456-2070

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

2.07x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

1.40x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

89th percentile

45%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

24th percentile

$51,180

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

69th percentile

7.9%

Faster asset growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

27th percentile

-4.6%

Faster revenue growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$3,347,101

Up $244,386 (+7.9%) from 2017

Net Assets

Up

-$3,582,121

Up $916,264 (+20%) from 2017

Liabilities

Down

$6,929,222

Down $671,878 (-8.8%) from 2017

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin89th percentile

Revenue

Down

$4,941,446

Down $236,733 (-4.6%) from 2017

Expenses

Down

$2,739,872

Down $2,765,960 (-50%) from 2017

Net Income

Up

$2,201,574

Up $2,529,227 (+772%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10M-$20MAssets 2017: $3,102,715Liabilities 2017: $7,601,100Net Assets 2017: -$4,498,3852017Assets 2018: $3,347,101Liabilities 2018: $6,929,222Net Assets 2018: -$3,582,1212018Assets 2019: $3,675,372Liabilities 2019: $6,622,421Net Assets 2019: -$2,947,0492019Assets 2020: $7,795,759Liabilities 2020: $20,378,452Net Assets 2020: -$12,582,6932020Assets 2021: $9,055,920Liabilities 2021: $20,167,838Net Assets 2021: -$11,111,9182021Assets 2022: $16,155,164Liabilities 2022: $21,942,121Net Assets 2022: -$5,786,9572022Assets 2025: $16,253,940Liabilities 2025: $18,935,178Net Assets 2025: -$2,681,2382025

Highlighted filing

2018

Assets$3,347,101
Liabilities$6,929,222
Net Assets-$3,582,121
Open 2018 Filing

Operations Trend

Revenue Growth27th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2017: $5,178,179Expenses 2017: $5,505,832Net Income 2017: -$327,6532017Revenue 2018: $4,941,446Expenses 2018: $2,739,872Net Income 2018: $2,201,5742018Revenue 2019: $5,152,421Expenses 2019: $4,517,349Net Income 2019: $635,0722019Revenue 2020: $8,657,531Expenses 2020: $9,150,414Net Income 2020: -$492,8832020Revenue 2021: $9,599,473Expenses 2021: $8,128,698Net Income 2021: $1,470,7752021Revenue 2022: $13,142,444Expenses 2022: $7,817,483Net Income 2022: $5,324,9612022Revenue 2025: $12,964,592Expenses 2025: $12,921,620Net Income 2025: $42,9722025

Highlighted filing

2018

Revenue$4,941,446
Expenses$2,739,872
Net Income$2,201,574
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 24, 2019
Return Version
2017v2.2
Gross Receipts
$9,503,162
Mission and Program Overview

Mission

To provide a high quality, academically rigorous education for the college bound scholar. We empower our scholars to think critically, assume social responsibility, and serve as advocates from themselves and the community.

The Prep Schools' mission is to seek to provide a high quality, academically rigorous education for the college bound scholar. We empower our scholars to think critically, assume social responsibility, and serve as advocates for themselves and the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$516,308$591,328▲ $75,020
Pledges and Grants Receivable$46,261$380,540▲ $334,279
Land, Buildings, and Equipment, Net$303,712$287,340▼ $16,372
Accounts Receivable$383,730$26,756▼ $356,974
Prepaid Expenses and Deferred Charges$5,513--
Total Assets$3,102,715$3,347,101▲ $244,386
Other Assets Total$1,847,191$2,061,137▲ $213,946
Liabilities
Other Liabilities$7,160,172$6,519,772▼ $640,400
Accounts Payable and Accrued Expenses$440,928$405,737▼ $35,191
Grants Payable-$3,713-
Total Liabilities$7,601,100$6,929,222▼ $671,878
Net Assets / Fund Balance
Unrestricted Net Assets$-4,498,385$-3,582,121▲ $916,264
Total Net Assets Fund Balance$-4,498,385$-3,582,121▲ $916,264
Total Liabilities and Net Assets / Fund Balance$3,102,715$3,347,101▲ $244,386

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$6,147-
Other Land Buildings$0--
Land$0--
Equipment$0$36,889-
Leasehold Improvements$287,340$40,109-
Other Assets Org$55,321--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017----$0
2016----$0
2015----$0
2014----$0
2013----$0
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Akida ParikhDirector of OperationsFT$51,180$51,180
Randall YatesPrincipalPT$41,505$41,505

Board Members and Trustees

NameTitle
Alan KopitBoard Chair
Andrew LeeBoard Member
Bradley SchlangBoard Member
Danielle EisenbergBoard Member
Dennis SutcliffeBoard Member
Eric BaumgartnerBoard Member
Jeffrey FastBoard Member
Kristen San MarcoBoard Member
Marsha Jo FrenchBoard Member
Montrie Rucker AdamsBoard Member
Sam SteinhouseBoard Member
Sean KellyBoard Member
Terrance RobinsonBoard Member
Wendy NealBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,561,716
Program Service Revenue
$75,359
Investment Income
$0
Other Revenue
$304,371
All Other Contributions
$81,200
Change in Net Assets
$2,201,574

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,941,446
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,941,446
Total Revenue per Form 990
$4,941,446
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,987,814
Salaries, Compensation, and Employee Benefits$752,058
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,939,787$264,516-$2,204,303
Fees for Services Other$781,242$77,373-$858,615
Fees for Services Management-$649,232-$649,232
Occupancy$238,983$32,589-$271,572
Other Employee Benefits$213,683$29,138-$242,821
Current Officers, Directors, Trustees, and Key Employees$81,562$11,123-$92,685
Other Expenses$33,046$4,506-$37,552
Conferences and Meetings$22,543$3,074-$25,617
Depreciation Depletion$16,372--$16,372
Pension Plan Contributions$-1,573,221$-214,530-$-1,787,751
Total Functional Expenses$1,874,767$865,105$0$2,739,872

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,739,872
Total Expenses per Audited Statements$2,739,872
Total Expenses per Form 990$2,739,872
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$5,140,751
Net OPEB Liability$1,003,230
Deferred Inflows Pension$247,565
Deferred Inflows OPEB$128,226
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI, Line 19

“Documents are available upon request.”

Part VI, Line15a/15B

“The Organization's Board of Directors determines appropriate compensation using comparability data.”

Part VI, Line 12C

“The Organization's Board and management reviews compliance with the conflicts of interest policy.”

Part VI, Line 11B

“Form 990 is sent to the Finance committee of the Board for review and acceptance.”

Part VI, Line 3

“Management Company: Breakthrough Charter Schools Services: Administration, Operations, Human Resources, Student Recruitment, Information Technology Support, Finance and Accounting.”

Filing and Contact Details

Filer

Filer Name
Village Preparatory School
EIN
26-2367774
Phone
2164562070
Address
1415 East 36th Street, Cleveland, OH 44114

Signing Officer

Name
James G Zupka
Title
Partner
Signed
2019-01-24
Discuss with paid preparer
No

Organization Details

Formed
2008
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
65
Volunteers
24

Preparer

Firm
James G Zupka CPA Inc
Address
5240 East 98th Street, Garfield Heights, OH 44125
Preparer
James G Zupka
Phone
2164756136
Supplemental Narrative

Additional Explanations

Part IX, Line 11G

“Professional and Technical Service $506,901; Communications $4,509; Utilities $55,254; Contracted Craft and Trade Service $214,527; Pupil Transportation $77,424”

Raw XML AppendixShowing 400 of 610 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0440928
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0405737
IRS990/AccountsReceivableGrp/BOYAmt0383730
IRS990/AccountsReceivableGrp/EOYAmt026756
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Prep Schools' mission is to seek to provide a high quality, academically rigorous education for the college bound scholar. We empower our scholars to think critically, assume social responsibility, and serve as advocates for themselves and the community.
IRS990/AllOtherContributionsAmt081200
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Doug Mangen
IRS990/BooksInCareOfDetail/PhoneNum02164562086
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03615 Superior Avenue Ste 4403A
IRS990/BooksInCareOfDetail/USAddress/CityNm0Cleveland
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044114
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0516308
IRS990/CashNonInterestBearingGrp/EOYAmt0591328
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt011123
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt081562
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt092685
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03074
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt022543
IRS990/ConferencesMeetingsGrp/TotalAmt025617
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04561716
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01987814
IRS990/CYOtherRevenueAmt0304371
IRS990/CYProgramServiceRevenueAmt075359
IRS990/CYRevenuesLessExpensesAmt02201574
IRS990/CYSalariesCompEmpBnftPaidAmt0752058
IRS990/CYTotalExpensesAmt02739872
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04941446
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt016372
IRS990/DepreciationDepletionGrp/TotalAmt016372
IRS990/Desc0The School is defined by the highly structured school culture found in many of our nation's top-performing urban schools. The School focuses on reading and math instruction integrating technology, and features two teachers in each classroom. Teachers are passionate and committed, and every minute is used to the fullest. Although young, the scholars are held to high behavioral and academic standards, and understand that they attend school with college as their long-term goal. All classrooms are named after and decorated as specific colleges as a creative way to motivate and remind scholars of their educational objectives. The school frequently assesses the students to determine which standards have been mastered and which standards deserve review and remediation.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt065
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01660931
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0649232
IRS990/FeesForServicesManagementGrp/TotalAmt0649232
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt077373
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0781242
IRS990/FeesForServicesOtherGrp/TotalAmt0858615
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt3.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt4.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt5.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt6.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt7.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt8.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt9.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt15.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1320
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0Dennis Sutcliffe
IRS990/Form990PartVIISectionAGrp/PersonNm1Eric Baumgartner
IRS990/Form990PartVIISectionAGrp/PersonNm2Kristen San Marco
IRS990/Form990PartVIISectionAGrp/PersonNm3Alan Kopit
IRS990/Form990PartVIISectionAGrp/PersonNm4Danielle Eisenberg
IRS990/Form990PartVIISectionAGrp/PersonNm5Bradley Schlang
IRS990/Form990PartVIISectionAGrp/PersonNm6Jeffrey Fast
IRS990/Form990PartVIISectionAGrp/PersonNm7Marsha Jo French
IRS990/Form990PartVIISectionAGrp/PersonNm8Sean Kelly
IRS990/Form990PartVIISectionAGrp/PersonNm9Wendy Neal
IRS990/Form990PartVIISectionAGrp/PersonNm10Sam Steinhouse
IRS990/Form990PartVIISectionAGrp/PersonNm11Terrance Robinson
IRS990/Form990PartVIISectionAGrp/PersonNm12Andrew Lee
IRS990/Form990PartVIISectionAGrp/PersonNm13Randall Yates
IRS990/Form990PartVIISectionAGrp/PersonNm14Akida Parikh
IRS990/Form990PartVIISectionAGrp/PersonNm15Montrie Rucker Adams
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1341505
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1451180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt09948
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt04470568
IRS990/GrantsPayableGrp/EOYAmt03713
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt09503162
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt083145
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0303712
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0287340
IRS990/LandBldgEquipCostOrOtherBssAmt0370485
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Prep School's mission is to seek to provide a high quality, academically rigorous education for the college bound scholar. We empower our scholars to think critically, assume social responsibility, and serve as advocates for themselves and the community.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-4498385
IRS990/NetAssetsOrFundBalancesEOYAmt0-3582121
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt032589
IRS990/OccupancyGrp/ProgramServicesAmt0238983
IRS990/OccupancyGrp/TotalAmt0271572
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01847191
IRS990/OtherAssetsTotalGrp/EOYAmt02061137
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt029138
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0213683
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0242821
IRS990/OtherExpensesGrp/Desc0Materials and Supplies
IRS990/OtherExpensesGrp/Desc1Equipment
IRS990/OtherExpensesGrp/Desc2Other
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07357
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1727
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24506
IRS990/OtherExpensesGrp/ProgramServicesAmt0115436
IRS990/OtherExpensesGrp/ProgramServicesAmt15334
IRS990/OtherExpensesGrp/ProgramServicesAmt233046
IRS990/OtherExpensesGrp/TotalAmt0122793
IRS990/OtherExpensesGrp/TotalAmt16061
IRS990/OtherExpensesGrp/TotalAmt237552
IRS990/OtherLiabilitiesGrp/BOYAmt07160172
IRS990/OtherLiabilitiesGrp/EOYAmt06519772
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Property Taxes
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0304371
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0304371
IRS990/OtherRevenueTotalAmt0304371
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0264516
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01939787
IRS990/OtherSalariesAndWagesGrp/TotalAmt02204303
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0-214530
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0-1573221
IRS990/PensionPlanContributionsGrp/TotalAmt0-1787751
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt046261
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0380540
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05513
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Randy Yates
IRS990/PriorPeriodAdjustmentsAmt0-1285310
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Extracurricular Activities
IRS990/ProgramServiceRevenueGrp/Desc1Other Operating Activities
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06164
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt169195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06164
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt169195
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0213836
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04517796
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02065803
IRS990/PYOtherRevenueAmt0340927
IRS990/PYProgramServiceRevenueAmt0319456
IRS990/PYRevenuesLessExpensesAmt0-327653
IRS990/PYSalariesCompEmpBnftPaidAmt03440029
IRS990/PYTotalExpensesAmt05505832
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05178179
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02201574
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0379730
IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt00
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06147
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt06147
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/EndingBalanceAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036889
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt036889
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02739872
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0287340
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt040109

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,347,101
Liabilities
$6,929,222
Net assets
-$3,582,121
Revenue
$4,941,446
Expenses
$2,739,872
Net income
$2,201,574
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$18.9$2.68$13.0$12.9$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$21.9$5.79$13.1$7.82$5.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.06$20.2$11.1$9.60$8.13$1.47
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.80$20.4$12.6$8.66$9.15$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.68$6.62$2.95$5.15$4.52$0.64
2018Detailed filing. Detailed filing data is available for this year.$3.35$6.93$3.58$4.94$2.74$2.20
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$7.60$4.50$5.18$5.51$0.33