Santa Fe Preparatory School
- Assets
- $79.1m
- Revenue
- $36.1m
- Investments
- $0.0
- Employees
- 153
- Location
- Santa Fe, NM
- Founding
- 09/1963
- Data as of
- 06/2021
- EIN
- 85-0165745
Organization Overview
Santa Fe Preparatory School is located in Santa Fe, NM. The organization was established in 1963. 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 06/2021, Santa Fe Preparatory School employed 153 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Fe Preparatory School 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, Santa Fe Preparatory School generated $36.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $19.2m during the year ending 06/2021. While expenses have increased by 12.2% per year over the past 6 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.
Since 2017, Santa Fe Preparatory School has awarded 54 individual grants totaling $1,250,914. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SANTA FE PREPARATORY SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL, GRADES 7 THROUGH 12, DEDICATED TO EDUCATIONAL EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES A COLLEGE PREPARATORY EDUCATION TO 330 STUDENTS IN GRADES 7 THROUGH 12. THE SCHOOL ALSO HOSTS THE EE FORD SUMMER TEACHERS COLLOQUIUM SERVING 40 TEACHERS.
DAVIS NEW MEXICO SCHOLARS AND BREAKTHROUGH SANTA FE (BREAKTHROUGH): BREAKTHROUGH IS A PREP PROGRAM THAT ASSISTS STUDENTS IN GRADES 7 THROUGH 12 FROM UNDERSERVED PUBLIC SCHOOLS TO BECOME THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE. STUDENTS COMMIT TO THE PROGRAM FOR 6 YEARS AND PARTICIPATE IN SUMMER PROGRAMING, SCHOOL YEAR SUPPORT, AND ONE-ON-ONE COLLEGE COUNSELING. BREAKTHROUGH SANTA FE ALSO PARTNERS WITH THE SHELBY CULLOM DAVIS CHARITABLE FUND, INC. TO ADMINISTER AND AWARD FULL-TUITION COLLEGE SCHOLARSHIPS TO STUDENTS PARTICIPATING IN THE DAVIS NEW MEXICO SCHOLARS PROGRAM (DAVIS NEW MEXICO). AS OF JUNE 30, 2021, 141 DAVIS NEW MEXICO SCHOLARSHIP RECEIPIENTS ARE ENROLLED IN COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Leonard Past Head Of | Officer | 40 | $843,276 |
Aaron Schubach Head Of Scho | Officer | 40 | $149,492 |
Susan Matthews Director Of | 40 | $135,471 | |
Bruce Sachs Director Of | Officer | 40 | $116,711 |
John Utsey Dir Of Techn | 40 | $110,189 | |
Kristina Alley Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $80,995 |
| Related organizations | $0 |
| Government grants | $855,277 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,382,410 |
| Noncash contributions included in lines 1a–1f | $29,402 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,318,682 |
| Total Program Service Revenue | $8,155,637 |
| Investment income | $346,433 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $899 |
| Net Rental Income | $1,500 |
| Net Gain/Loss on Asset Sales | $1,313,817 |
| Net Income from Fundraising Events | -$18,952 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,111,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $267,975 |
| Grants and other assistance to domestic individuals. | $9,199,174 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $482,774 |
| Compensation of current officers, directors, key employees. | $285,642 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,046,836 |
| Pension plan accruals and contributions | $280,035 |
| Other employee benefits | $1,260,288 |
| Payroll taxes | $400,095 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,402 |
| Fees for services: Accounting | $40,291 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,622 |
| Fees for services: Other | $65,013 |
| Advertising and promotion | $104,283 |
| Office expenses | $498,704 |
| Information technology | $106,967 |
| Royalties | $11,773 |
| Occupancy | $296,202 |
| Travel | $19,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,428 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $552,829 |
| Insurance | $94,875 |
| All other expenses | $123,864 |
| Total functional expenses | $19,164,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,684,312 |
| Savings and temporary cash investments | $61,726 |
| Pledges and grants receivable | $33,292,816 |
| Accounts receivable, net | $106,959 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $134,353 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $397,166 |
| Net Land, buildings, and equipment | $8,707,795 |
| Investments—publicly traded securities | $25,602,011 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $107,256 |
| Other assets | $19,455 |
| Total assets | $79,113,849 |
| Accounts payable and accrued expenses | $712,914 |
| Grants payable | $17,235,890 |
| Deferred revenue | $2,447,801 |
| 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 | $0 |
| Total liabilities | $20,396,605 |
| Net assets without donor restrictions | $23,202,098 |
| Net assets with donor restrictions | $35,515,146 |
| 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 | $79,113,849 |
Grants Awarded
Over the last fiscal year, Santa Fe Preparatory School has awarded $267,975 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Fe, NM PURPOSE: COLLEGE READINESS | $30,000 |
SOUTH VALLEY ACADEMY PURPOSE: COLLEGE READINESS | $30,000 |
SANTA FE PUBLIC SCHOOLS AVID PRGRM PURPOSE: COLLEGE READINESS | $30,000 |
Tesuque, NM PURPOSE: COLLEGE READINESS | $30,000 |
Pena Blanca, NM PURPOSE: COLLEGE READINESS | $30,000 |
Albuquerque, NM PURPOSE: COLLEGE READINESS | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Santa Fe Preparatory School has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Dry Fam Charitable Foundation Tr Philadelphia, PA PURPOSE: EDUCATIONAL PURPOSES | $5,000 |
Endowment Analysis
| Beg. Balance | $21,480,355 |
| Earnings | $5,772,876 |
| Net Contributions | $33,200 |
| Grants | -$971,140 |
| Ending Balance | $26,315,291 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Awty International School Houston, TX | $207,829,354 | $57,840,310 |
Colorado Springs Early Colleges Fort Collins, CO | $35,604,171 | $48,955,771 |
Albuquerque Academy Hcsr Albuquerque, NM | $165,817,111 | $34,153,293 |
Kent Denver Country Day School Englewood, CO | $152,128,736 | $28,714,995 |
Santa Fe Indian School Santa Fe, NM | $90,382,939 | $26,366,608 |
Santa Fe Preparatory School Santa Fe, NM | $79,113,849 | $36,111,805 |
Fountain Valley School Of Colorado Colorado Springs, CO | $92,362,981 | $24,818,046 |
Wasatch Academy Mt Pleasant, UT | $45,866,695 | $17,823,805 |
Marine Military Academy Inc Harlingen, TX | $47,303,872 | $14,319,783 |
South Texas Educational Technologies Inc Weslaco, TX | $17,267,724 | $15,758,985 |
Akibayavneh Academy Dallas, TX | $13,685,007 | $15,057,848 |
Navajo Preparatory School Inc Farmington, NM | $37,567,327 | $9,309,197 |