Southland College Prep Charter School Inc
- Assets
- $9.2m
- Revenue
- $19.5m
- Investments
- $0.0
- Employees
- 184
- Location
- Richton Park, IL
- Founding
- 10/2010
- Data as of
- 06/2024
- EIN
- 27-1619440
Organization Overview
Southland College Prep Charter School Inc is located in Richton Park, IL. The organization was established in 2010. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2024, Southland College Prep Charter School Inc employed 184 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southland College Prep Charter 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 06/2024, Southland College Prep Charter School Inc generated $19.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $17.9m during the year ending 06/2024. While expenses have increased by 6.6% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SOUTHLAND COLLEGE PREP CHARTER SCHOOL ("SOUTHLAND") IS A 9TH THROUGH 12TH GRADE SCHOOL DEDICATED TO HELPING STUDENTS GRADUATE FROM A FOUR-YEAR COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHLAND COLLEGE PREP CHARTER SCHOOL IS UNIQUE IN THAT STUDENTS MUST TAKE 4 YEARS OF ENGLISH, MATHEMATICS, SCIENCE, SOCIAL SCIENCE, WORLD LANGUAGE, TECHNOLOGY, FINE ARTS, AND PHYSICAL EDUCATION IN ORDER TO GRADUATE. ALL STUDENTS ARE EXPECTED TO APPLY TO AND BE ADMITTED TO ONE OR MORE COLLEGES OR UNIVERSITIES. ONCE THERE, WE EXPECT EACH AND EVERY ONE OF THEM TO GRADUATE. BEGINNING WITH THE 2023-2024 SCHOOL YEAR, THE ENROLLMENT WAS 575 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Blondean Y Davis Chief Executive Officer | OfficerTrustee | 10 | $0 |
Ron Bean President | OfficerTrustee | 0.25 | $0 |
Felix Simpkins Vice President | OfficerTrustee | 0.25 | $0 |
Kevin Murphy Secretary Until 9/18/23 | OfficerTrustee | 0.25 | $0 |
Jeffrey Johnson Secretary | OfficerTrustee | 0.25 | $0 |
Dr Vinnie Hall Director | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Academic Approach Tutoring And Test Prep Services | 6/29/24 | $530,573 |
Phil Paige Business Ventures Ltd Transportation Services | 6/29/24 | $374,597 |
Safeway Transportation Services Llc Transportation Services | 6/29/24 | $524,732 |
Hopewell Career Academy Inc Transitional, Academic, And Therapeutic | 6/29/24 | $185,302 |
Quest Food Management Services Llc Food Service | 6/29/24 | $211,083 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,382,679 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,382,679 |
| Total Program Service Revenue | $106,599 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $19,489,278 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,136,350 |
| Pension plan accruals and contributions | $201,097 |
| Other employee benefits | $1,078,754 |
| Payroll taxes | $236,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,355 |
| Fees for services: Accounting | $31,217 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,760,402 |
| Advertising and promotion | $0 |
| Office expenses | $877,758 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,565,168 |
| Travel | $1,399,723 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $133,556 |
| Insurance | $103,380 |
| All other expenses | $161,202 |
| Total functional expenses | $17,869,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,768,925 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $496,396 |
| 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 | $28,073 |
| Net Land, buildings, and equipment | $358,652 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,546,014 |
| Total assets | $9,198,060 |
| Accounts payable and accrued expenses | $867,009 |
| Grants payable | $0 |
| Deferred revenue | $18,200 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,583,189 |
| Total liabilities | $2,468,398 |
| Net assets without donor restrictions | $6,729,662 |
| Net assets with donor restrictions | $0 |
| 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 | $9,198,060 |