Northridge Preparatory School Inc
- Assets
- $7.5m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 108
- Location
- Niles, IL
- Founding
- 02/2011
- Data as of
- 06/2022
- EIN
- 80-0597509
Organization Overview
Northridge Preparatory School Inc is located in Niles, IL. The organization was established in 2011. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Northridge Preparatory School Inc employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northridge 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, Northridge Preparatory School Inc generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $6.2m during the year ending 06/2022. While expenses have increased by 10.5% 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
EDUCATION, GRADES 6-12
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHRIDGE PREPARATORY SCHOOL IS AN INDEPENDENT SCHOOL GRADES 6-12. ENROLLMENT IS APPROXIMATELY 316 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Niall Fagan Headmaster | 40 | $139,216 | |
Hugo Chong Director Of Business Operation | 40 | $135,023 | |
Will Rey Athletic Director | 40 | $113,406 | |
Joseph Lechner High School Faculty Member | 40 | $111,998 | |
Robert T Barder College Counselor | 40 | $108,323 | |
Jeremy Potempa Director Of It & Data | Trustee | 40 | $103,379 |
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 | $1,297,251 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,297,251 |
| Total Program Service Revenue | $5,368,053 |
| Investment income | $20,859 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $909,814 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,595,977 |
| 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 | $3,120,954 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,031,696 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $54,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $177,272 |
| Advertising and promotion | $19,841 |
| Office expenses | $140,591 |
| Information technology | $143,512 |
| Royalties | $0 |
| Occupancy | $186,941 |
| Travel | $40,182 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $50,512 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $206,058 |
| Insurance | $53,551 |
| All other expenses | $0 |
| Total functional expenses | $6,174,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,768,130 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $75,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,281,218 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,370,599 |
| Total assets | $7,494,947 |
| Accounts payable and accrued expenses | $128,746 |
| Grants payable | $0 |
| Deferred revenue | $439,045 |
| 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 | $1,222,613 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $101,682 |
| Total liabilities | $1,892,086 |
| Net assets without donor restrictions | $5,340,238 |
| Net assets with donor restrictions | $262,623 |
| 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 | $7,494,947 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Northridge Preparatory School Inc has recieved totaling $215,608.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $170,900 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: EDUCATION | $11,000 |
Helen Brach Foundation Chicago, IL PURPOSE: SUPPORT TO COVER THE ANNUAL TUITION SHORTFALL | $10,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,606 |
Knights Of Columbus Charitable Fund Inc New Haven, CT PURPOSE: GENERAL PURPOSE | $6,000 |
Irish Fellowship Educational & Cultural Foundation Western Springs, IL PURPOSE: TO PROVIDE NEED-BASED EDUCATIONAL ASSISTANCE | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wheaton Academy West Chicago, IL | $41,216,883 | $18,989,425 |
Lexington School Inc Lexington, KY | $82,981,335 | $20,273,926 |
Westminster Christian Academy Association Town Country, MO | $72,930,151 | $20,133,441 |
Barstow School Kansas City, MO | $36,041,263 | $20,616,227 |
St Johns Northwestern Military Academy Inc Delafield, WI | $17,393,633 | $8,781,742 |
Trinity Schools Inc South Bend, IN | $7,029,834 | $13,749,929 |
Conserve School Corporation Land O Lakes, WI | $44,507,562 | $11,154,750 |
North Lawndale College Preparatory Charter High School Chicago, IL | $2,962,197 | $11,158,791 |
Whitfield School Inc Saint Louis, MO | $28,107,434 | $12,277,432 |
National Federation Of State High School Associations Indianapolis, IN | $27,763,480 | $13,615,729 |
Chicago High School For The Arts Chicago, IL | $2,941,878 | $11,358,918 |
Illinois High School Association Bloomington, IL | $9,005,242 | $12,463,504 |