Highland Prep
- Assets
- $14.1m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 49
- Location
- Surprise, AZ
- Founding
- 03/2018
- Data as of
- 06/2021
- EIN
- 47-4021506
Organization Overview
Highland Prep is located in Surprise, AZ. The organization was established in 2018. 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, Highland Prep employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Highland Prep 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, Highland Prep generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.0% each year . All expenses for the organization totaled $3.6m during the year ending 06/2021. While expenses have increased by 40.9% per year over the past 4 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
HIGHLAND PREP IS A SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) COLLEGE-PREPARATORY HIGH SCHOOL. HIGHLAND PREP FEATURES A RIGOROUS ACADEMIC PROGRAM WITH AN EMPHASIS ON 21ST CENTURY PREPARATION DEFINED BY CRITICAL THINKING AND INQUIRY LEARNING. HIGHLAND PREP BELIEVES IN TYING COURSE CONTENT TO INTERRELATED THEMES TO INCREASE RELEVANCE AND APPLICATION IN THE INTEREST OF PREPARING STUDENTS TO SUCCEED IN THE FUTURE GLOBAL ARENA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 430 9TH AND 12TH GRADE STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Kerry Clark Director | OfficerTrustee | 2 | $0 |
Don Enz Director | Trustee | 2 | $0 |
Bill Bressler Director | Trustee | 2 | $0 |
Annie Gilbert Director | Trustee | 2 | $0 |
Scott Kies Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,414,886 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,450,886 |
| Total Program Service Revenue | $61,223 |
| Investment income | $42 |
| 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 | $4,512,151 |
| 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 | $1,619,114 |
| Pension plan accruals and contributions | $54,926 |
| Other employee benefits | $3,249 |
| Payroll taxes | $123,862 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $138 |
| Fees for services: Accounting | $35,906 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $166,796 |
| Advertising and promotion | $26,176 |
| Office expenses | $421,616 |
| Information technology | $124,818 |
| Royalties | $0 |
| Occupancy | $222,431 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $835 |
| Interest | $435,832 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $317,188 |
| Insurance | $40,014 |
| All other expenses | $0 |
| Total functional expenses | $3,592,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,826,438 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $16,456 |
| 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 | $5,811 |
| Net Land, buildings, and equipment | $10,216,770 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,065,475 |
| Accounts payable and accrued expenses | $456,818 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $11,634,796 |
| 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 | $230,648 |
| Total liabilities | $12,322,262 |
| Net assets without donor restrictions | $1,743,213 |
| 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 | $14,065,475 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Highland Prep has recieved totaling $36,000.
| Awarding Organization | Amount |
|---|---|
A For Arizona Phoenix, AZ PURPOSE: TO PROVIDE SEED FUNDING TO FUEL INNOVATION IN COMMUNITIES MOST SIGNIFICANTLY IMPACTED BY COVID-19 AND DEVELOP PROMISING STUDENT-CENTERED MODELS FOR OTHERS TO SCALE. | $36,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Synergy Academies Los Angeles, CA | $22,403,920 | $21,618,793 |
San Diego Jewish Academy San Diego, CA | $60,657,178 | $18,702,706 |
Curtis School Foundation Los Angeles, CA | $75,927,733 | $19,348,920 |
Excel Academy Charter Schools San Marcos, CA | $11,403,735 | $18,058,297 |
Le Lycee Francais De Los Angeles Los Angeles, CA | $97,517,378 | $23,043,510 |
Willows Community School Culver City, CA | $69,044,375 | $19,353,304 |
Association Of Christian Schools International Colorado Springs, CO | $18,742,731 | $17,834,465 |
Hawking Steam Charter Schools Inc Chula Vista, CA | $87,803,315 | $18,115,527 |
Stem Preparatory Schools Inc Los Angeles, CA | $15,250,781 | $22,306,511 |
San Jacinto Valley Academy Inc San Jacinto, CA | $34,100,540 | $18,923,540 |
Educational Enrichment Systems Inc San Diego, CA | $11,058,337 | $15,963,702 |
Drew School San Francisco, CA | $38,712,933 | $16,113,133 |