Providence Preparatory School
- Assets
- $1.3m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 114
- Location
- Belton, TX
- Founding
- 10/2013
- Data as of
- 06/2021
- EIN
- 27-3267917
Organization Overview
Providence Preparatory School is located in Belton, TX. The organization was established in 2013. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Providence Preparatory School employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Preparatory School 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, Providence Preparatory School generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 13.7% 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
PROVIDENCE PREPARATORY SCHOOL IS A CHRISTIAN, CLASSICAL, COLLABORATIVE PRE K THROUGH GRADE 12 SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDENCE PREPARATORY SCHOOL IS A CHRISTIAN, CLASSICAL, COLLABORATIVE PREK-12 SCHOOL.
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 |
|---|---|---|---|
Brett Billman Head Of School | Officer | 50 | $84,504 |
Shannon Morrison Director Of Operations | Officer | 50 | $44,208 |
Christy Porterfield Director | Trustee | 20 | $23,710 |
Brad Almond PHD Founding Director | Trustee | 8 | $6,051 |
Maci Barnett MD President | OfficerTrustee | 15 | $0 |
Matt Avery Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,577 |
| Noncash contributions included in lines 1a–1f | $3,360 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,577 |
| Total Program Service Revenue | $1,623,871 |
| Investment income | $1,223 |
| 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 | $17,083 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,769,916 |
| 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 | $1,323,155 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $28,105 |
| Other employee benefits | $8,729 |
| Payroll taxes | $103,052 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,743 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,255 |
| Advertising and promotion | $542 |
| Office expenses | $20,876 |
| Information technology | $24,808 |
| Royalties | $0 |
| Occupancy | $100,868 |
| Travel | $86 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,134 |
| Interest | $630 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,838 |
| Insurance | $11,676 |
| All other expenses | $28,719 |
| Total functional expenses | $1,774,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $628,093 |
| Savings and temporary cash investments | $426,218 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,180 |
| Net Land, buildings, and equipment | $217,469 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,273,960 |
| Accounts payable and accrued expenses | $34,732 |
| Grants payable | $0 |
| Deferred revenue | $574,304 |
| 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 | $0 |
| Total liabilities | $609,036 |
| Net assets without donor restrictions | $0 |
| 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 | $664,924 |
| Total liabilities and net assets/fund balances | $1,273,960 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Providence Preparatory School has recieved totaling $269.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $269 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Delta Inc Helena, AR | $23,299,418 | $20,055,239 |
Baton Rouge Christian Education Foundation Inc Baton Rouge, LA | $25,217,556 | $20,900,810 |
Alcuin School Dallas, TX | $59,182,125 | $20,381,763 |
Oakridge School Inc Arlington, TX | $19,389,993 | $20,174,539 |
Pulaski Academy Little Rock, AR | $31,968,373 | $17,811,246 |
Education Service Center Region Ii Of Texas Corpus Christi, TX | $24,486,082 | $17,593,515 |
The Woodlands Christian Academy The Woodlands, TX | $44,326,696 | $20,493,923 |
Odyssey 2020 Academy Inc Galveston, TX | $23,994,459 | $17,751,222 |
El Paso Education Initiative Inc El Paso, TX | $37,947,839 | $17,386,289 |
Episcopal Collegiate School Little Rock, AR | $113,498,551 | $17,410,081 |
Energized For Excellence Academy Houston, TX | $1,351,482 | $18,898,659 |
Houston Gateway Academy Inc Houston, TX | $78,886,053 | $32,736,217 |