Girls Preparatory School Inc

Organization Overview

Girls Preparatory School Inc is located in Chattanooga, TN. The organization was established in 1946. 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 06/2022, Girls Preparatory School Inc employed 296 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Girls 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 06/2022, Girls Preparatory School Inc generated $20.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $21.3m during the year ending 06/2022. While expenses have increased by 2.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE AN ACCREDITED SECONDARY SCHOOL AND TO PROVIDE QUALITY PRIVATE SCHOOL EDUCATION FOR GIRLS IN GRADES SIX THROUGH TWELVE.

Describe the Organization's Program Activity:

GIRLS PREPARATORY SCHOOL (GPS) IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL FOR GRADES SIX THROUGH TWELVE WITH APPROXIMATELY 600 STUDENTS, OF WHICH APPROXIMATELY 40% RECEIVED FINANCIAL ASSISTANCE. GPS INSPIRES EACH GIRL TO LEAD A LIFE OF INTEGRITY AND PURPOSE BY ENGAGING HER MIND, CULTIVATING HER STRENGHTHS, AND NURTURING HER SELF-CONFIDENCE AND RESPECT FOR OTHERS. IT DOES SO BY FOCUSING ON ITS VALUES OF HONOR, RESPECT, CURIOSITY, INDIVIDUALITY, AND RELATIONSHIPS. IN FISCAL YEAR 2022, GPS GRADUATED 77 STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sage Dining Services
Food Service
$709,629
Blackbaud
Software
$105,924
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$160,650
Related organizations$0
Government grants $9,789
All other contributions, gifts, grants, and similar amounts not included above$1,871,349
Noncash contributions included in lines 1a–1f $216,897
Total Revenue from Contributions, Gifts, Grants & Similar$2,041,788
Total Program Service Revenue$16,356,009
Investment income $640,593
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $62,236
Net Gain/Loss on Asset Sales $1,721,392
Net Income from Fundraising Events $70,895
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $12,118
Miscellaneous Revenue$0
Total Revenue $20,905,031

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Girls Preparatory School Inc has recieved totaling $2,500.

Awarding OrganizationAmount
Daelansa Foundation

Palm Beach, FL

PURPOSE: USE FOR THEIR STATED PURPOSE.

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$25,667,931
Earnings-$3,786,811
Net Contributions$748,295
Grants$2,544,674
Ending Balance$20,084,741

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