Nonprofit · EIN 23-7075014
THOMAS HEYWARD ACADEMY INC
Tax-exempt · RIDGELAND, SC 29936
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $2,151,125 | $2,169,600 | -$18,475 | $2,069,502 | $126,068 | $1,943,434 |
| May 31, 2024 | 990 | $2,073,649 | $2,050,070 | $23,579 | $2,108,388 | $146,479 | $1,961,909 |
| May 31, 2022 | 990 | $1,849,659 | $1,796,937 | $52,722 | $1,451,787 | $356,867 | $1,094,920 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $160,693
- Program service revenue
- $1,985,731
- Investment income
- $4,701
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $100,000
- Other salaries and wages
- $1,250,497
- Salaries, compensation and benefits (total)
- $1,457,778
- Professional fundraising fees
- $0
- Accounting fees
- $9,225
- Depreciation
- $85,871
- Program services (functional)
- $1,878,883
- Management and general (functional)
- $290,717
Balance sheet and other
- Total assets, start of year
- $2,108,388
- Total assets, end of year
- $2,069,502
- Total liabilities, end of year
- $126,068
- Net assets, end of year
- $1,943,434
- Land, buildings and equipment
- $1,253,066
- Gross receipts
- $2,151,125
- Employees
- 56
- Volunteers
- 10
- Year formed
- 1970
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT GIBSON III | HEADMASTER Key employee | 40 | $100,000 |
| LENA THOMAS | VICE CHAIRPERSON Trustee or director | 3 | $0 |
| TOMMY STANLEY | CHAIRPERSON Trustee or director | 5 | $0 |
| NICOLE PALAZZO | MEMBER Trustee or director | 3 | $0 |
| WARREN JOHNSON | MEMBER Trustee or director | 3 | $0 |
| JEFFERY MINGLEDORFF | TREASURER Trustee or director | 3 | $0 |
| COLBY CROSBY | MEMBER Trustee or director | 3 | $0 |
| KATIE ROUNTREE | MEMBER Trustee or director | 3 | $0 |
| KIMBERLY TAYLOR | SECRETARY Trustee or director | 3 | $0 |
990 for the year ended May 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT GIBSON III | HEADMASTER Key employee | 40 | $83,333 |
| LIBBY MALPHRUS | VICE CHAIRPERSON Trustee or director | 3 | $0 |
| BONNIE BENNETT | CHAIRPERSON Trustee or director | 5 | $0 |
| NICOLE PALAZZO | MEMBER Trustee or director | 3 | $0 |
| TOMMY STANLEY | MEMBER Trustee or director | 3 | $0 |
| JEFFERY MINGLEDORFF | TREASURER Trustee or director | 3 | $0 |
| COLBY CROSBY | MEMBER Trustee or director | 3 | $0 |
| LENA THOMAS | MEMBER Trustee or director | 3 | $0 |
| ANDREA BRETON | PTO REPRESENTATIVE Trustee or director | 5 | $0 |
| KIMBERLY TAYLOR | SECRETARY Trustee or director | 3 | $0 |
990 for the year ended May 31, 2022: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN HEROD | HEADMASTER Key employee | 40 | $60,917 |
| LIBBY MALPHRUS | VICE CHAIRPERSON Trustee or director | 3 | $0 |
| LEWIE DAVIS | CHAIRPERSON Trustee or director | 5 | $0 |
| EARL POPE | MEMBER Trustee or director | 3 | $0 |
| TOMMY STANLEY | MEMBER Trustee or director | 3 | $0 |
| JEFFERY MINGLEDORFF | MEMBER Trustee or director | 3 | $0 |
| COLBY CROSBY | MEMBER Trustee or director | 3 | $0 |
| DINAH GRETSCH | FINANCE MEMBER Trustee or director | 3 | $0 |
| PAM VAIGNEUR | PTO REPRESENTATIVE Trustee or director | 3 | $0 |
| BONNIE BENNETT | TREASURER Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 1727 MALPHRUS RD, RIDGELAND, SC 29936-5337
- Principal officer (990 for 2024)
- JAMIE BOWEN, 1727 MALPHRUS ROAD, RIDGELAND, SC 29936
- Signed the 990
- JAMI BOWEN, FINANCIAL MANAGER
- Phone
- (843) 726-3673
- Return prepared by
- RAWL & LOWTHER CPAs
Mission
EDUCATION OF STUDENTS K4-12.
Program accomplishments
- EDUCATION OF APPROXIMATELY 295 CHILDREN IN GRADES K-3 THROUGH 12.Expenses $1,878,883 · revenue $2,151,125
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7075014
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24Z)
- Assets (IRS master file)
- $2,069,502
- Income (IRS master file)
- $2,151,125
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $2,151,125 | $2,169,600 | $2,069,502 | XML |
| 990 | May 2024 | $2,073,649 | $2,050,070 | $2,108,388 | XML |
| 990 | May 2023 | $2,950,732 | $2,107,322 | $2,165,381 | IRS |
| 990 | May 2022 | $1,849,659 | $1,796,937 | $1,451,787 | XML |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7075014).
Questions about THOMAS HEYWARD ACADEMY INC
- What is the EIN of THOMAS HEYWARD ACADEMY INC?
- The employer identification number (EIN) of THOMAS HEYWARD ACADEMY INC is 23-7075014.
- Is THOMAS HEYWARD ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to THOMAS HEYWARD ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THOMAS HEYWARD ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THOMAS HEYWARD ACADEMY INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THOMAS HEYWARD ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of THOMAS HEYWARD ACADEMY INC?
- The 990 for the year ended May 31, 2025 names JAMIE BOWEN.
- Who are the officers and directors of THOMAS HEYWARD ACADEMY INC?
- The 990 for the year ended May 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $100,000 (SCOTT GIBSON III, HEADMASTER).
- How much revenue does THOMAS HEYWARD ACADEMY INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $2,151,125, expenses of $2,169,600 and total assets of $2,069,502 at year end.
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