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Nonprofit · EIN 23-7412158

SHORECREST PREPARATORY SCHOOL INC

Tax-exempt · ST PETERSBURG, FL 33703

Financials

$34.2M$30.3M2022$37.3M$33.4M2023$39M$35.8M2024
Revenue Expenses · by fiscal year end
Financials of SHORECREST PREPARATORY SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$38,979,412$35,823,590$3,155,822$98,603,748$40,163,028$58,440,720
June 30, 2024990$37,327,170$33,370,563$3,956,607$94,739,109$40,523,897$54,215,212
June 30, 2023990$34,222,865$30,305,411$3,917,454$87,773,351$38,403,942$49,369,409
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,392,203
Program service revenue
$33,823,351
Investment income
$1,439,604
Net rental income
$74,322
Net gain from sales of assets
$78,037
Net income from fundraising events
$34,911
Net income from gaming
$14,699
Other revenue
$324,254

Expenses

Grants and similar amounts paid
$2,705,412
Compensation of officers, directors and key employees
$758,417
Other salaries and wages
$14,495,923
Salaries, compensation and benefits (total)
$20,840,868
Professional fundraising fees
$0
Legal fees
$32,387
Accounting fees
$87,947
Occupancy
$697,492
Travel
$130,150
Depreciation
$2,736,416
Program services (functional)
$30,598,191
Management and general (functional)
$4,348,813
Fundraising (functional)
$876,586

Balance sheet and other

Total assets, start of year
$94,739,109
Total assets, end of year
$98,603,748
Total liabilities, end of year
$40,163,028
Net assets, end of year
$58,440,720
Land, buildings and equipment
$32,608,517
Publicly traded securities
$13,863,847
Net assets without donor restrictions
$50,090,552
Net assets with donor restrictions
$8,350,168
Gross receipts
$39,604,450
Employees
341
Volunteers
100
Year formed
1923
State of legal domicile
FL

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 / weekCompensationOther / benefits
NANCY SPENCERHEAD OF SCHOOL
Officer
40$411,346$31,904
LISA WYLIECFO
Officer
40$219,356$15,573
MICHAEL GILLISDIRECTOR OF ADVANCEMENT
Highest-paid employee
40$172,212$23,074
MARCUS HOLMESDIRECTOR OF FACILITIES
Highest-paid employee
40$153,500$16,291
ANTHONY MCCALLDIRECTOR OF ATHLETICS
Highest-paid employee
40$147,988$19,853
LISA BIANCOHEAD OF LOWER SCHOOL
Highest-paid employee
40$129,461$20,680
KRISTINE GRANTHEAD OF MIDDLE SCHOOL
Highest-paid employee
40$129,204$19,579
PAMELA H GREACENCHAIR
Trustee or director, Officer
1$0$0
MATTHEW FREYVICE-CHAIR
Trustee or director, Officer
1$0$0
ANDREA SILVERMANSECRETARY
Trustee or director, Officer
1$0$0
ADAM BEFELER MDTREASURER
Trustee or director, Officer
1$0$0
REBECCA ARMACOSTTRUSTEE
Trustee or director
1$0$0
MOHIT BANSALTRUSTEE
Trustee or director
1$0$0
WILLIAM T CONROYTRUSTEE
Trustee or director
1$0$0
JEFF FREEDMANTRUSTEE
Trustee or director
1$0$0
13 more people on this return
NameTitleHours / weekCompensation
CORY G GAFFNEYTRUSTEE
Trustee or director
1$0
NATALIE GEBICKETRUSTEE
Trustee or director
1$0
JASON GREENTRUSTEE
Trustee or director
1$0
DARLA BROWNING-HUTTONTRUSTEE
Trustee or director
1$0
ALEX LAVOIETRUSTEE
Trustee or director
1$0
ISAAC MCKINNEY IIITRUSTEE
Trustee or director
1$0
ADAM PRAWER MDTRUSTEE
Trustee or director
1$0
JENINE RABINTRUSTEE
Trustee or director
1$0
SARAH LIND RIBEIRO EDDTRUSTEE
Trustee or director
1$0
BRENT RICHARDTRUSTEE
Trustee or director
1$0
MICHAEL SHERTRUSTEE
Trustee or director
1$0
DAVID VETTERTRUSTEE
Trustee or director
1$0
SHERRY WILLIAMSTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 27 people
NameTitleHours / weekCompensationOther / benefits
NANCY SPENCERHEAD OF SCHOOL
Officer
40$345,556$41,388
LISA WYLIECFO
Officer
40$214,861$14,691
MICHAEL GILLISDIRECTOR OF ADVANCEMENT
Highest-paid employee
40$164,929$34,207
ANTHONY MCCALLDIRECTOR OF ATHLETICS
Highest-paid employee
40$142,576$23,450
KRISTINE GRANTHEAD OF MIDDLE SCHOOL
Highest-paid employee
40$121,074$24,471
LISA BIANCOHEAD OF LOWER SCHOOL
Highest-paid employee
40$125,275$10,723
MARCUS HOLMESDIRECTOR OF FACILITIES
Highest-paid employee
40$118,735$7,853
WILLIAM T CONROYCHAIR
Trustee or director, Officer
1$0$0
PAMELA H GREACENVICE-CHAIR
Trustee or director, Officer
1$0$0
MATTHEW FREYTREASURER
Trustee or director, Officer
1$0$0
ANDREA SILVERMANSECRETARY
Trustee or director, Officer
1$0$0
REBECCA ARMACOSTTRUSTEE
Trustee or director
1$0$0
MOHIT BANSALTRUSTEE
Trustee or director
1$0$0
ADAM BEFELERTRUSTEE
Trustee or director
1$0$0
DARLA BROWNING-HUTTONTRUSTEE
Trustee or director
1$0$0
JEFF FREEDMANTRUSTEE
Trustee or director
1$0$0
CORY G GAFFNEYTRUSTEE
Trustee or director
1$0$0
NATALIE GEBICKETRUSTEE
Trustee or director
1$0$0
JASON GREENTRUSTEE
Trustee or director
1$0$0
ALEX LAVOIETRUSTEE
Trustee or director
1$0$0
ISAAC MCKINNEY IIITRUSTEE
Trustee or director
1$0$0
ADAM PRAWERTRUSTEE
Trustee or director
1$0$0
JENINE RABINTRUSTEE
Trustee or director
1$0$0
SARAH L RIBEIROTRUSTEE
Trustee or director
1$0$0
BRENT RICHARDTRUSTEE
Trustee or director
1$0$0
DAVID VETTERTRUSTEE
Trustee or director
1$0$0
SHERRY WILLIAMSTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 31 people
NameTitleHours / weekCompensationOther / benefits
NANCY SPENCERHEAD OF SCHOOL
Officer
40$324,189$27,734
LISA WYLIECFO
Officer
40$201,838$15,099
MICHAEL GILLISDIRECTOR OF ADVANCEMENT
Highest-paid employee
40$159,252$18,444
ANTHONY MCCALLDIRECTOR OF ATHLETICS
Highest-paid employee
40$137,836$15,384
LISA BIANCOHEAD OF LOWER SCHOOL
Highest-paid employee
40$120,731$16,774
KRISTINE GRANTHEAD OF MIDDLE SCHOOL
Highest-paid employee
40$114,925$15,697
MARCUS HOLMESDIRECTOR OF FACILITIES
Highest-paid employee
40$113,169$7,635
WILLIAM T CONROYCHAIR
Trustee or director, Officer
1$0$0
PAMELA H GREACENVICE-CHAIR
Trustee or director, Officer
1$0$0
MATTHEW FREYTREASURER
Trustee or director, Officer
1$0$0
ANDREA SILVERMANSECRETARY
Trustee or director, Officer
1$0$0
REBECCA ARMACOSTTRUSTEE
Trustee or director
1$0$0
ADAM BEFELERTRUSTEE
Trustee or director
1$0$0
DARLA BROWNING-HUTTONTRUSTEE
Trustee or director
1$0$0
TREVOR BURGESSTRUSTEE (LEFT 08/22)
Trustee or director
1$0$0
JEFF FREEDMANTRUSTEE
Trustee or director
1$0$0
CORY G GAFFNEYTRUSTEE
Trustee or director
1$0$0
NATALIE GEBICKETRUSTEE
Trustee or director
1$0$0
JASON GREENTRUSTEE
Trustee or director
1$0$0
COURT JAMESTRUSTEE (LEFT 08/22)
Trustee or director
1$0$0
CRISTIN C KEANETRUSTEE
Trustee or director
1$0$0
ALEX LAVOIETRUSTEE
Trustee or director
1$0$0
TIMOTHY L MAINTRUSTEE
Trustee or director
1$0$0
ISAAC MCKINNEY IIITRUSTEE
Trustee or director
1$0$0
BETH MIYASHIRO VIVIOTRUSTEE
Trustee or director
1$0$0
JENNIFER PHELPSTRUSTEE
Trustee or director
1$0$0
ADAM PRAWERTRUSTEE (START 08/22)
Trustee or director
1$0$0
JENINE RABINTRUSTEE (START 08/22)
Trustee or director
1$0$0
SARAH L RIBEIROTRUSTEE
Trustee or director
1$0$0
BRENT RICHARDTRUSTEE (START 09/22)
Trustee or director
1$0$0
NIKKI REGALO PAGANOTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
5101 1ST ST NE, ST PETERSBURG, FL 33703-3009
In care of
% LISA WYLIE
Mailing address (990-N for 2009)
5101 First Street NE, St Petersburg FL 33703
Principal officer (990 for 2024)
NANCY SPENCER, 5101 FIRST STREET NORTHEAST, ST PETERSBURG, FL 33703
Principal officer (990-N for 2009)
Shorecrest Preparatory School, 5101 First Street NE, St Petersburg FL 33703
Signed the 990
LISA WYLIE, CHIEF FINANCIAL OFFICER
Phone
(727) 522-2111
Return prepared by
ARMANINO ADVISORY LLC

Mission

A COLLEGE PREPARATORY SCHOOL THAT EDUCATES A DIVERSE COMMUNITY OF STUDENTS TO BECOME LIFELONG LEARNERS IN THE PURSUIT OF PERSONAL AND ACADEMIC EXCELLENCE, PHYSICAL WELL-BEING, CREATIVE ACHIEVEMENT AND THE DEVELOPMENT OF A COMMITMENT TO SOCIAL RESPONSIBILITY.

990 for the year ended June 30, 2025

Program accomplishments

  • SHORECREST PREPARATORY SCHOOL EDUCATED 1,021 STUDENTS FROM PK3 THROUGH 12TH GRADE DURING THE 2024-2025 SCHOOL YEAR. THE 87 GRADUATES OF THE CLASS OF 2025 COLLECTIVELY CONTRIBUTED OVER 12,000 HOURS OF SERVICE TO THE COMMUNITY DURING THEIR TENURE AND WENT ON TO ATTEND AN IMPRESSIVE SELECTION OF COLLEGES AND UNIVERSITIES. THE YEAR BEGAN WITH THE COMPLETION OF THE CENTENNIAL STADIUM PROJECT, A NEW MULTI-SPORT TURF FIELD TO SUPPORT FOOTBALL, SOCCER, TRACK, AND THE ADDITION OF BOTH BOYS AND GIRLS LACROSSE. IN EARLY FALL, THE REGION WAS CHALLENGED BY BACK-TO-BACK HURRICANES. IN RESPONSE, THE SHORECREST COMMUNITY ESTABLISHED A DISASTER RELIEF FUND FOR IMPACTED FACULTY AND STAFF, DEMONSTRATING THE REMARKABLE RESILIENCE THAT DEFINES THE SCHOOL.ACADEMIC INNOVATION FLOURISHED WITH THE (CONTINUED ON SCHEDULE O) EXPANSION OF THE ROSS ROEDER INSTITUTE FOR FINANCIAL LITERACY, ENTREPRENEURSHIP AND ECONOMICS TO INCLUDE THE WARREN WORKSHOP, WHERE STUDENTS LEARN DIRECTLY FROM BUSINESS LEADERS. IN THE SPRING, THE 2025 SHORECREST GALA MADE HISTORY BY MARKING THE ESTABLISHMENT OF THE SCHOOL'S FIRST-EVER GENERAL ENDOWMENT. THE FUND, LAUNCHED THROUGH DONOR GIFTS TOTALING MORE THAN $2 MILLION, IS DESIGNED TO PROVIDE A PERMANENT, PREDICTABLE FUNDING STREAM THAT WILL SUPPORT INNOVATIVE EDUCATIONAL INITIATIVES AND OPPORTUNITIES FOR GENERATIONS TO COME.
    Expenses $30,598,191 · grants $2,705,412 · revenue $34,023,673

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
23-7412158
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
1975
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$98,603,748
Income (IRS master file)
$39,604,450

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$38,979,412$35,823,590$98,603,748IRS
990June 2024$37,327,170$33,370,563$94,739,109IRS
990June 2023$34,222,865$30,305,411$87,773,351XML
990June 2022$30,198,380$27,243,250$81,259,238IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2009
Officer: Shorecrest Preparatory School
June 30, 2010≤ $50,000 receipts––e-Postcard

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 23-7412158).

Questions about SHORECREST PREPARATORY SCHOOL INC

What is the EIN of SHORECREST PREPARATORY SCHOOL INC?
The employer identification number (EIN) of SHORECREST PREPARATORY SCHOOL INC is 23-7412158.
Is SHORECREST PREPARATORY SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to SHORECREST PREPARATORY SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SHORECREST PREPARATORY SCHOOL 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 SHORECREST PREPARATORY SCHOOL INC 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 SHORECREST PREPARATORY SCHOOL INC 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 SHORECREST PREPARATORY SCHOOL INC?
The 990 for the year ended June 30, 2025 names NANCY SPENCER.
Who are the officers and directors of SHORECREST PREPARATORY SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 28 people; 7 received compensation from the organization, the highest $411,346 (NANCY SPENCER, HEAD OF SCHOOL).
How much revenue does SHORECREST PREPARATORY SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $38,979,412, expenses of $35,823,590 and total assets of $98,603,748 at year end.

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