Gulliver Preparatory School Inc
- Assets
- $244.1m
- Revenue
- $97.5m
- Investments
- $0.0
- Employees
- 694
- Location
- Miami, FL
- Founding
- 03/2000
- Data as of
- 06/2022
- EIN
- 65-0900712
Organization Overview
Gulliver Preparatory School Inc is located in Miami, FL. The organization was established in 2000. 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, Gulliver Preparatory School Inc employed 694 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulliver 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, Gulliver Preparatory School Inc generated $97.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $82.0m during the year ending 06/2022. While expenses have increased by 3.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AN ACADEMIC COMMUNITY DEVOTED TO EDUCATIONAL EXCELLENCE, WITH A PERSONAL TOUCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUCCESSFULLY OPERATED A PRIVATE SCHOOL WHICH PROVIDES EDUCATIONAL SERVICES TO APPROXIMATELY 2,233 STUDENTS FROM PRIMARY THROUGH TWELFTH GRADE FOR AN ENTIRE SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Signorello Chair | OfficerTrustee | 1 | $0 |
Ann Olazabal Treasurer | OfficerTrustee | 1 | $0 |
Darlene Boytell-Perez Trustee | Trustee | 1 | $0 |
Scott Davidson Vice Chair | OfficerTrustee | 1 | $0 |
Gustavo Antorcha Trustee | Trustee | 1 | $0 |
Adriana Grineberg Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nv2a Group Llc Contractor | 6/29/22 | $15,316,924 |
Sage Dining Services Inc Dining Services | 6/29/22 | $2,927,304 |
Camcom Group Contractor | 6/29/22 | $1,474,736 |
Wcb Group Inc Maintenance | 6/29/22 | $481,504 |
Zyscovich Inc Architect | 6/29/22 | $1,159,305 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,055,442 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,988,636 |
| Noncash contributions included in lines 1a–1f | $208,375 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,044,078 |
| Total Program Service Revenue | $92,474,256 |
| Investment income | $1,954,491 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$282,783 |
| Net Income from Fundraising Events | -$700,846 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,389 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,492,585 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $152,500 |
| Grants and other assistance to domestic individuals. | $11,730,716 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,436,445 |
| Compensation of current officers, directors, key employees. | $1,436,445 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,591,710 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,949,119 |
| Payroll taxes | $2,571,216 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $894,106 |
| Advertising and promotion | $832,780 |
| Office expenses | $0 |
| Information technology | $1,530,761 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,615,205 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,731,459 |
| Insurance | $1,634,800 |
| All other expenses | $358,788 |
| Total functional expenses | $82,022,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,115,300 |
| Savings and temporary cash investments | $2,686,467 |
| Pledges and grants receivable | $2,641,573 |
| Accounts receivable, net | $77,817 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $111,100 |
| Prepaid expenses and deferred charges | $1,321,463 |
| Net Land, buildings, and equipment | $103,515,330 |
| Investments—publicly traded securities | $52,524,397 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,964,907 |
| Other assets | $167,281 |
| Total assets | $244,125,635 |
| Accounts payable and accrued expenses | $8,129,162 |
| Grants payable | $0 |
| Deferred revenue | $50,303,332 |
| Tax-exempt bond liabilities | $57,017,914 |
| 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 | $60,000 |
| Total liabilities | $115,510,408 |
| Net assets without donor restrictions | $119,330,769 |
| Net assets with donor restrictions | $9,284,458 |
| 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 | $244,125,635 |