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Nonprofit · EIN 26-2367774

VILLAGE PREPARATORY SCHOOL

Tax-exempt · CLEVELAND, OH 44114

Financials

$14M$10.6M2022$12.2M$12.5M2023$13M$12.9M2024
Revenue Expenses · by fiscal year end
Financials of VILLAGE PREPARATORY SCHOOL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$12,964,592$12,921,620$42,972$16,253,940$18,935,178-$2,681,238
June 30, 2024990$12,151,173$12,475,092-$323,919$16,871,437$19,579,004-$2,707,567
June 30, 2023990$13,996,463$10,592,154$3,404,309$18,552,095$20,935,743-$2,383,648
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$11,122,979
of which government grants
$11,080,053
Program service revenue
$136,437
Investment income
$400,349
Other revenue
$1,304,827

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$103,357
Other salaries and wages
$5,700,074
Salaries, compensation and benefits (total)
$6,371,159
Professional fundraising fees
$0
Occupancy
$330,265
Depreciation
$525,590
Program services (functional)
$8,393,424
Management and general (functional)
$4,528,196

Balance sheet and other

Total assets, start of year
$16,871,437
Total assets, end of year
$16,253,940
Total liabilities, end of year
$18,935,178
Net assets, end of year
-$2,681,238
Land, buildings and equipment
$1,791,758
Net assets without donor restrictions
-$3,560,331
Gross receipts
$12,964,592
Employees
185
Volunteers
0
Year formed
2008
State of legal domicile
OH

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
Amanda SchecterPrincipal
Key employee
40$103,357
Aditi GargBoard Chair
Trustee or director, Officer
0.5$0
Michelle HarrisSecretary
Trustee or director, Officer
0.5$0
Reggie NovakFinance chair
Trustee or director, Officer
0.5$0
Cecil LipscombBoard member
Trustee or director
0.5$0
Grady BurrowsBoard member
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
Marcus JohnsonPrincipal
Key employee
40$103,545
Kelly FoergPrincipal
Key employee
40$51,564
Danielle EisenbergChair
Trustee or director, Officer
0.5$0
Linda ZuccaFinance Committee Chair
Trustee or director, Officer
0.5$0
Aditi GargBoard Member
Trustee or director
0.5$0
Jim LeMayBoard Member
Trustee or director
0.5$0
Michelle HarrisBoard Member
Trustee or director
0.5$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
Kelly FoergPrincipal
Key employee
40$82,668
Marcus JonsonPrincipal
Key employee
40$80,470
Danielle EisenbergAcademic Committee Chair
Trustee or director, Officer
0.5$0
Cynthia TancerSecretary
Trustee or director, Officer
0.5$0
Linda ZuccaTreasurer
Trustee or director, Officer
0.5$0
Joy JohnsonBoard Member
Trustee or director
0.5$0
Alan S KopitBoard Member
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1415 E 36TH ST, CLEVELAND, OH 44114-4116
In care of
% MICHELE GARRISON
Principal officer (990 for 2024)
Amanda Schecter, 1415 East 36th, Cleveland, OH 44114
Signed the 990
Celeste Farmer, Treasurer
Phone
(216) 456-2070
Return prepared by
Zupka & Associates

Mission

To provide a high quality, academically rigorous education for the college bound scholar. We empower our scholars to think critically, assume social responsibility, and serve as advocates from themselves and the community.

990 for the year ended June 30, 2025

Program accomplishments

  • The School is defined by the High structured school culture found in many of our nations top-performing urban school. The School focuses on reading and math instruction integrating technology, and features two teachers in each classroom. Teachers are passionate and committed, and every minutes is used to the fullest. Although young, the scholars are held to high behavior and academic standards, and understand that they attend school with college as their long-term goal. All classrooms are named after and decorated as specific colleges as a creative way to motivate and remind scholars of their educational objectives. The School frequently assesses the students to determine with standards have been mastered and with standards deserve review and remediation.
    Expenses $7,862,538 · revenue $1,323,376
  • Expenses $544,201 · revenue $518,237

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
26-2367774
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
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$16,253,940
Income (IRS master file)
$12,964,592

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$12,964,592$12,921,620$16,253,940XML
990June 2024$12,151,173$12,475,092$16,871,437XML
990June 2023$13,996,463$10,592,154$18,552,095XML
990June 2022$13,142,444$7,817,483$16,155,164IRS
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 26-2367774).

Questions about VILLAGE PREPARATORY SCHOOL

What is the EIN of VILLAGE PREPARATORY SCHOOL?
The employer identification number (EIN) of VILLAGE PREPARATORY SCHOOL is 26-2367774.
Is VILLAGE PREPARATORY SCHOOL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to VILLAGE PREPARATORY SCHOOL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VILLAGE 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 VILLAGE 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 VILLAGE 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 VILLAGE PREPARATORY SCHOOL?
The 990 for the year ended June 30, 2025 names Amanda Schecter.
Who are the officers and directors of VILLAGE PREPARATORY SCHOOL?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $103,357 (Amanda Schecter, Principal).
How much revenue does VILLAGE PREPARATORY SCHOOL have?
On its 990 for the year ended June 30, 2025 it reported revenue of $12,964,592, expenses of $12,921,620 and total assets of $16,253,940 at year end.

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