Fine Arts Preparatory School
- Assets
- $96.9k
- Revenue
- $349.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Moore, SC
- Founding
- Data as of
- 06/2023
- EIN
- 88-1156332
Organization Overview
Fine Arts Preparatory School is located in Moore, SC. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fine Arts 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FINE ARTS PREPARATORY SCHOOL (FAPS) IS COMMITTED TO SPARKING FAMILY AND COMMUNITY COLLABORATION TO MEET THE NON-ACADEMIC NEEDS OF OUR STUDENTS, ENABLING THEM TO EXCEL ACADEMICALLY, ARTISTICALLY, AND CONTINUALLY.COLLABORATION AND COMMUNITY INVOLVEMENT: FAPS BELIEVES THAT THE SUPPORT AND INVOLVEMENT OF FAMILIES AND THE BROADER COMMUNITY ARE ESSENTIAL COMPONENTS OF A SUCCESSFUL EDUCATIONAL EXPERIENCE. WE ACTIVELY ENCOURAGE COLLABORATION BETWEEN PARENTS, GUARDIANS, EDUCATORS, STAFF, AND COMMUNITY MEMBERS TO COLLECTIVELY SUPPORT THE HOLISTIC DEVELOPMENT OF OUR STUDENTS. NON-ACADEMIC SUPPORT: RECOGNIZING THE IMPORTANCE OF ADDRESSING NON-ACADEMIC NEEDS, FPS IS DEDICATED TO PROVIDING COMPREHENSIVE SUPPORT AND RESOURCES TO ENSURE OUR STUDENTS' ELL-BEING, EMOTIONAL GROWTH, AND SOCIAL DEVELOPMENT. WE ACKNOWLEDGE THAT FOSTERING A POSITIVE AND SUPPORTIVE ENVIRONMENT ENHANCES THE OVERALL LEARNING EXPERIENCE AND CONTRIBUTES TO THE ACADEMIC SUCCESS OF OUR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPARKING FAMILY AND COMMUNITY COLLABORATION TO MEET THE NON-ACADEMIC NEEDS OF STUDENTS, SO THEY EXCEL ACADEMICALLY, ARTISTICALLY, AND CONTINUALLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Dk Jones Chair | OfficerTrustee | 1 | $0 |
Jamez Dudley Founder | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $339,592 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,026 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $343,618 |
| Total Program Service Revenue | $0 |
| 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 | $349,285 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,970 |
| 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 | $135,089 |
| Advertising and promotion | $5,422 |
| Office expenses | $43,830 |
| Information technology | $22,022 |
| Royalties | $0 |
| Occupancy | $32,742 |
| Travel | $1,845 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,605 |
| Insurance | $38,897 |
| All other expenses | $8,981 |
| Total functional expenses | $393,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,926 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $68,495 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,457 |
| Total assets | $96,878 |
| Accounts payable and accrued expenses | $90,667 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $50,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $140,667 |
| Net assets without donor restrictions | -$43,789 |
| 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 | $96,878 |