San Antonio Preparatory Inc
- Assets
- $2.6m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 30
- Location
- San Antonio, TX
- Founding
- 03/2019
- Data as of
- 06/2023
- EIN
- 83-2414881
Organization Overview
San Antonio Preparatory Inc is located in San Antonio, TX. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, San Antonio Preparatory Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Antonio Preparatory 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 06/2023, San Antonio Preparatory Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.2% each year . All expenses for the organization totaled $3.1m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SAN ANTONIO PREPARATORY CHARTER SCHOOL PROVIDES A COLLEGE PREPARAORY EDUCATION THROUGH HIGH QUALITY INSTRUCTION AND RIGOROUS CURRICULUM INSIDE A CHALLENGING AND SUPPORTIVE LEARNING ENVIRONMENT ENSURING ALL STUDENTS CAN LEARN, GROW, AND THRIVE. WE ARE SA PREP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ADDITIONAL DATA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xavier Toson Chair | OfficerTrustee | 2 | $0 |
Earl Blanche Tresurer | OfficerTrustee | 2 | $0 |
Milton Harris Director | OfficerTrustee | 2 | $0 |
Douglas Ray Director | Trustee | 2 | $0 |
Stephanie Hall-Furman CEO | Officer | 55 | $120,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Charter Schools Development Corp Computer To District Check,lease Paymen | 6/29/23 | $452,394 |
Selrico Services Inc Internet Connectivity/support Services | 6/29/23 | $169,548 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,338,348 |
| All other contributions, gifts, grants, and similar amounts not included above | $551,809 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,890,157 |
| Total Program Service Revenue | $256,262 |
| Investment income | $0 |
| 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 | $3,146,419 |
| 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 | $1,294,561 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $194,835 |
| Payroll taxes | $22,377 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,576 |
| Fees for services: Accounting | $26,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,291 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $701,318 |
| Travel | $77,614 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,942 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,618 |
| Insurance | $54,251 |
| All other expenses | $324,181 |
| Total functional expenses | $3,143,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $413,592 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $571,847 |
| 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 | $3,857 |
| Net Land, buildings, and equipment | $52,397 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,570,613 |
| Total assets | $2,612,306 |
| Accounts payable and accrued expenses | $336,282 |
| Grants payable | $0 |
| Deferred revenue | $150,000 |
| 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 | $1,657,575 |
| Total liabilities | $2,143,857 |
| Net assets without donor restrictions | $468,449 |
| 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 | $2,612,306 |