Hilltop Preparatory School Inc
- Assets
- $3.3m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 55
- Location
- Bryn Mawr, PA
- Founding
- 12/1971
- Data as of
- 06/2021
- EIN
- 23-1743304
Organization Overview
Hilltop Preparatory School Inc is located in Bryn Mawr, PA. The organization was established in 1971. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Hilltop Preparatory School Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hilltop Preparatory School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Hilltop Preparatory School Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $4.6m during the year ending 06/2021. While expenses have increased by 2.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION TO STUDENTS IN GRADES 5-12 WITH DIAGNOSED LEARNING DIFFERENCES FOR HIGHER EDUCATION AND SUCCESSFUL FUTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES EDUCATION TO APPROXIMATELY 90 FULL-TIME STUDENTS IN GRADES 5-12 IN RADNOR, PA.
THE SCHOOL PROVIDES EDUCATION TO APPROXIMATELY 90 FULL-TIME STUDENTS IN GRADES 5-12 IN RADNOR, PA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Needham Headmaster | OfficerTrustee | 40 | $223,757 |
Cindy Falcone Asst. Head, | 40 | $105,650 | |
Peter Cunningham Business Man | 40 | $105,045 | |
Sissy Wickes Board Chair | OfficerTrustee | 10 | $0 |
Tim Wisecarver Secretary | OfficerTrustee | 3 | $0 |
Mark Harbison Treasurer | OfficerTrustee | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $645,833 |
| All other contributions, gifts, grants, and similar amounts not included above | $533,244 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,179,077 |
| Total Program Service Revenue | $3,926,698 |
| Investment income | $5,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,655 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,162,491 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $269,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $237,525 |
| Compensation of current officers, directors, key employees. | $57,006 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,440,590 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $410,727 |
| Payroll taxes | $188,436 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,359 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,365 |
| Advertising and promotion | $0 |
| Office expenses | $97,727 |
| Information technology | $140,865 |
| Royalties | $0 |
| Occupancy | $314,652 |
| Travel | $5,617 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $81,747 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $210,996 |
| Insurance | $65,952 |
| All other expenses | $26,991 |
| Total functional expenses | $4,621,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $585,553 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $37,962 |
| Accounts receivable, net | $37,562 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $92,077 |
| Net Land, buildings, and equipment | $2,306,320 |
| Investments—publicly traded securities | $211,896 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,271,370 |
| Accounts payable and accrued expenses | $441,032 |
| Grants payable | $0 |
| Deferred revenue | $406,651 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,092,976 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,673 |
| Total liabilities | $2,959,332 |
| Net assets without donor restrictions | -$12,530 |
| Net assets with donor restrictions | $324,568 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,271,370 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hilltop Preparatory School Inc has recieved totaling $30,781.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $30,300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $481 |
Endowment Analysis
| Beg. Balance | $158,790 |
| Earnings | $21,918 |
| Net Contributions | $38,688 |
| Ending Balance | $219,396 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Variety Child Learning Center Syosset, NY | $8,356,973 | $21,867,725 |
The Hagedorn Little Village School Seaford, NY | $17,101,359 | $21,155,572 |
Summit School Upper Nyack, NY | $17,974,431 | $18,614,927 |
Steppingstone Day School Inc Kew Garden Hills, NY | $5,707,568 | $18,884,905 |
Ivymount School Inc Rockville, MD | $17,009,081 | $19,214,475 |
Kennedy Childrens Center New York, NY | $16,208,391 | $17,351,422 |
Eclc Of Nj A New Jersey Non Profit Corporation Chatham, NJ | $5,195,140 | $18,377,068 |
Kingsway Learning Center Moorestown, NJ | $5,041,618 | $18,181,631 |
Pennsylvania School For The Deaf Philadelphia, PA | $50,307,552 | $18,217,495 |
League School Brooklyn, NY | $8,003,102 | $18,878,930 |
The Jemicy School Inc Owings Mills, MD | $60,314,466 | $19,832,444 |
The Manhattan Childrens Center Inc New York, NY | $11,028,934 | $17,851,466 |