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Nonprofit · EIN 23-7126823

HILTON HEAD PREPARATORY SCHOOL

Tax-exempt · HILTON HEAD, SC 29928

Financials

$11.7M$10.5M2022$10.4M$11.6M2023$12.7M$13.4M2024
Revenue Expenses · by fiscal year end
Financials of HILTON HEAD PREPARATORY SCHOOL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$12,725,501$13,363,272-$637,771$19,700,491$5,854,651$13,845,840
June 30, 2024990$10,379,142$11,609,630-$1,230,488$19,944,946$7,762,277$12,182,669
June 30, 2023990$11,705,517$10,455,948$1,249,569$17,833,694$4,001,119$13,832,575
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,041,431
Program service revenue
$11,442,601
Investment income
$241,469
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,545,126
Other salaries and wages
$5,998,841
Salaries, compensation and benefits (total)
$7,517,576
Professional fundraising fees
$0
Legal fees
$7,172
Accounting fees
$29,145
Occupancy
$576,211
Depreciation
$385,711
Program services (functional)
$12,300,874
Management and general (functional)
$598,190
Fundraising (functional)
$464,208

Balance sheet and other

Total assets, start of year
$19,944,946
Total assets, end of year
$19,700,491
Total liabilities, end of year
$5,854,651
Net assets, end of year
$13,845,840
Land, buildings and equipment
$9,372,260
Net assets without donor restrictions
$8,853,285
Net assets with donor restrictions
$4,992,555
Gross receipts
$12,725,501
Employees
142
Volunteers
125
Year formed
1965
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
PAUL W HORGANHEAD OF SCHO
Officer
40$273,235
MARGOT BROWNCHIEF ADVANC
Officer
40$126,313
CHRISTINE MORGANCFO
Officer
40$73,535
GILLIAN ALSKOSECRETARY
Trustee or director, Officer
2$0
SAMUEL BAUERCHAIRMAN
Trustee or director, Officer
5$0
HILLARY DOLLENBERGVICE CHAIRMA
Trustee or director, Officer
2$0
LINDA FRASERTREASURER
Trustee or director, Officer
2$0
CHARLIE HARDWICKDIRECTOR
Trustee or director
2$0
ROB HATTLERDIRECTOR
Trustee or director
2$0
SYDNEY HITCHCOCKDIRECTOR
Trustee or director
2$0
PAMELA JONESDIRECTOR
Trustee or director
2$0
THOMAS H RISHER JRDIRECTOR
Trustee or director
2$0
CATHERINE SCARMANICH LEWALLENDIRECTOR
Trustee or director
2$0
JOHN W LONGDIRECTOR
Trustee or director
2$0
JAMES R RICHARDSONTRUSTEE EMER
Trustee or director
2$0
5 more people on this return
NameTitleHours / weekCompensation
LESLIE RICHARDSONDIRECTOR
Trustee or director
2$0
KELLEY STEARNSDIRECTOR
Trustee or director
2$0
JAY SUDOWSKIDIRECTOR
Trustee or director
2$0
CASS TOKARSKIDIRECTOR
Trustee or director
2$0
WALTER WILKINSDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensation
PAUL W HORGANHEAD OF SCHO
Officer
40$273,235
MARGOT BROWNCHIEF ADVANC
Officer
40$126,313
CHRISTINE MORGANCFO
Officer
40$73,535
GILLIAN ALSKOSECRETARY
Trustee or director, Officer
2$0
SAMUEL BAUERCHAIRMAN
Trustee or director, Officer
5$0
BRIAN J BERRIGANDIRECTOR
Trustee or director
2$0
HILLARY DOLLENBERGVICE CHAIRMA
Trustee or director, Officer
2$0
LINDA FRASERTREASURER
Trustee or director, Officer
2$0
CHARLIE HARDWICKDIRECTOR
Trustee or director
2$0
ROB HATTLERDIRECTOR
Trustee or director
2$0
PAMELA JONESDIRECTOR
Trustee or director
2$0
THOMAS H RISHER JRDIRECTOR
Trustee or director
2$0
CATHERINE SCARMANICH LEWALLENDIRECTOR
Trustee or director
2$0
JOHN W LONGDIRECTOR
Trustee or director
2$0
CASS TOKARSKIDIRECTOR
Trustee or director
2$0
WALTER WILKINSDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensation
PAUL W HORGANHEADMASTER
Officer
40$226,183
MARGOT BROWNCFO
Officer
40$93,234
GILLIAN ALSKOSECRETARY
Trustee or director, Officer
5$0
SAMUEL BAUERCHAIRMAN
Trustee or director, Officer
5$0
BRIAN J BERRIGANDIRECTOR
Trustee or director
1$0
HILLARY DOLLENBERGVICE CHAIRMA
Trustee or director, Officer
5$0
LINDA FRASERTREASURER
Trustee or director, Officer
5$0
CHARLIE HARDWICKDIRECTOR
Trustee or director
1$0
ROB HATTLERDIRECTOR
Trustee or director
1$0
PAMELA JONESDIRECTOR
Trustee or director
1$0
JAMES N RICHARDSON JRCHAIRMAN EME
Trustee or director, Officer
1$0
THOMAS H RISHER JRDIRECTOR
Trustee or director
1$0
CATHERINE SCARMANICH LEWALLENDIRECTOR
Trustee or director
1$0
MARK LOFYEDIRECTOR
Trustee or director
1$0
JOHN W LONGDIRECTOR
Trustee or director
1$0
CASS TOKARSKIDIRECTOR
Trustee or director
1$0
WALTER WILKINSDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
8 FOX GRAPE RD, HILTON HEAD, SC 29928-5918
Principal officer (990 for 2024)
PAUL W HORGAN, 8 FOX GRAPE ROAD, HILTON HEAD ISLAND, SC 29928
Signed the 990
LINDA FRASER, TREASURER
Phone
(843) 671-2286
Return prepared by
JUNECPA

Mission

HILTON HEAD PREPARATORY SCHOOL SEEKS TO EDUCATE COLLEGE-BOUND STUDENTS IN A SAFE ENVIRONMENT. INSTILLING PERSONAL INTEGRITY IS CENTRAL TO OUR EDUCATIONAL PURPOSE. WE STRIVE TO PREPARE A DIVERSE POPULATION OF QUALIFIED STUDENTS FOR ACADEMIC CHALLENGES, FOR A SUCCESSFUL COLLEGE EXPERIENCE, AND FOR REWARDING LIVES.

990 for the year ended June 30, 2025

Program accomplishments

  • ENROLLMENT OF APPROXIMATELY 560 STUDENTS FROM FIFTEEN MONTHS TO TWELFTH GRADE PREPARING FOR THE UNITED STATES' TOP UNIVERSITIES.
    Expenses $12,300,874 · grants $2,545,126 · revenue $11,442,601
  • OTHER PROGRAM EXPENSES

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7126823
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
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B24Z)
Assets (IRS master file)
$19,700,491
Income (IRS master file)
$12,725,501

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$12,725,501$13,363,272$19,700,491IRS
990June 2024$10,379,142$11,609,630$19,944,946XML
990June 2023$11,705,517$10,455,948$17,833,694XML
990June 2022$9,776,055$9,642,841$16,415,414IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 23-7126823).

Questions about HILTON HEAD PREPARATORY SCHOOL

What is the EIN of HILTON HEAD PREPARATORY SCHOOL?
The employer identification number (EIN) of HILTON HEAD PREPARATORY SCHOOL is 23-7126823.
Is HILTON HEAD PREPARATORY SCHOOL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to HILTON HEAD PREPARATORY SCHOOL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HILTON HEAD PREPARATORY SCHOOL 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 HILTON HEAD PREPARATORY SCHOOL due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HILTON HEAD PREPARATORY SCHOOL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HILTON HEAD PREPARATORY SCHOOL?
The 990 for the year ended June 30, 2025 names PAUL W HORGAN.
Who are the officers and directors of HILTON HEAD PREPARATORY SCHOOL?
The 990 for the year ended June 30, 2025 lists 20 people; 3 received compensation from the organization, the highest $273,235 (PAUL W HORGAN, HEAD OF SCHO).
How much revenue does HILTON HEAD PREPARATORY SCHOOL have?
On its 990 for the year ended June 30, 2025 it reported revenue of $12,725,501, expenses of $13,363,272 and total assets of $19,700,491 at year end.

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