Nonprofit · EIN 27-1088745
PARNASSUS PREPARATORY SCHOOL
Tax-exempt · MAPLE GROVE, MN 55369
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,000,156 | $18,805,844 | $194,312 | $12,702,443 | $10,145,539 | $2,556,904 |
| June 30, 2024 | 990 | $18,510,542 | $17,422,926 | $1,087,616 | $13,167,126 | $10,611,563 | $2,555,563 |
| June 30, 2023 | 990 | $17,090,519 | $16,052,437 | $1,038,082 | $13,536,734 | $11,894,630 | $1,642,104 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $18,531,049
- of which government grants
- $18,447,596
- Program service revenue
- $222,776
- Investment income
- $237,285
- Other revenue
- $9,046
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $478,299
- Other salaries and wages
- $7,905,674
- Salaries, compensation and benefits (total)
- $11,040,081
- Professional fundraising fees
- $0
- Occupancy
- $2,682,296
- Travel
- $77,414
- Depreciation
- $254,610
- Program services (functional)
- $16,494,792
- Management and general (functional)
- $2,311,052
Balance sheet and other
- Total assets, start of year
- $13,167,126
- Total assets, end of year
- $12,702,443
- Total liabilities, end of year
- $10,145,539
- Net assets, end of year
- $2,556,904
- Land, buildings and equipment
- $1,536,221
- Gross receipts
- $19,000,156
- Employees
- 166
- Volunteers
- 75
- Year formed
- 2009
- State of legal domicile
- MN
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CONSTANCE FORD | EXECUTIVE DIRECTOR Highest-paid employee | 50 | $186,990 | $32,122 |
| KATHERINE GOOD | INTERIM EXECUTIVE DIRECTOR Highest-paid employee | 50 | $124,809 | $34,993 |
| BARBARA ROSE | DIRECTOR Trustee or director | 40 | $76,953 | $22,432 |
| GREGORY FRIESS | BOARD CHAIR AND TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| BENJAMIN ARK | VICE CHAIR DIRECTOR Trustee or director, Officer | 10 | $0 | $0 |
| KENNETH ZIGRINO | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| SURBHI BARBER | DIRECTOR Trustee or director | 10 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CONSTANCE FORD | EXECUTIVE DIRECTOR Officer | 50 | $177,687 | $29,694 |
| BARBARA ROSE | DIRECTOR AND EMPLOYEE Trustee or director | 40 | $66,163 | $21,385 |
| GREGORY FRIESS | BOARD CHAIR AND TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| BENJAMIN ARK | VICE CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| KENNETH ZIGRINO | BOARD SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| SURBHI BARBER | DIRECTOR Trustee or director | 10 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CONSTANCE FORD | EXECUTIVE DIRECTOR Officer | 50 | $147,000 | $24,089 |
| BARBARA ROSE | DIRECTOR AND EMPLOYEE Trustee or director | 40 | $64,116 | $15,936 |
| GREGORY FRIESS | BOARD CHAIR AND TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| KENNETH ZIGRINO | BOARD SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| RAVI SHANDBHAG | DIRECTOR Trustee or director | 10 | $0 | $0 |
| BENJAMIN ARK | DIRECTOR Trustee or director | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11201 96TH AVE N, MAPLE GROVE, MN 55369-3676
- In care of
- % LAURA M BOTTENFIELD
- Principal officer (990 for 2024)
- KATHERINE GOOD, 11201 96TH AVENUE NORTH, MAPLES GROVE, MN 55369
- Signed the 990
- KATHERINE GOOD, INTERIM EXECUTIVE DIRECTOR
- Phone
- (763) 496-1416
- Website
- WWW.PARNASSUSPREP.COM
- Return prepared by
- THOMAS & COMPANY CPA PA
Mission
THE MISSION OF PARNASSUS PREPARATORY SCHOOL IS TO PROVIDE STUDENTS WITH A CLASSICAL EDUCATION, GROUNDED IN THE CLASSICAL TRIVIUM, THAT DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT.
Program accomplishments
- PARNASSUS PREPARATORY SCHOOL SERVES A HIGHLY DIVERSE GROUP OF STUDENTS FROM AROUND THE NORTHWEST SUBURBS OF THE TWIN CITIES AND DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT. THE SCHOOL'S ACADEMIC PROGRAM IS STRUCTURED THROUGH A CLASSICAL EDUCATION FRAMEWORK THAT IS CENTERED ON THE LIBERAL ARTS. PARNASSUS' PROGRAM ENGAGES STUDENTS IN LATIN, GREEK, ENGLISH LITERATURE, MATHEMATICS, SCIENCES, FORMAL LOGIC, PHILOSOPHY, SPANISH, HISTORY, GEOGRAPHY, ART,HISTORY, MUSIC, ARTS, AND THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.Expenses $16,494,792
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1088745
- 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
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $12,702,443
- Income (IRS master file)
- $19,000,156
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $19,000,156 | $18,805,844 | $12,702,443 | XML |
| 990 | June 2024 | $18,510,542 | $17,422,926 | $13,167,126 | IRS |
| 990 | June 2023 | $17,090,519 | $16,052,437 | $13,536,734 | XML |
| 990 | June 2022 | $16,239,729 | $15,805,767 | $11,987,253 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 27-1088745).
Questions about PARNASSUS PREPARATORY SCHOOL
- What is the EIN of PARNASSUS PREPARATORY SCHOOL?
- The employer identification number (EIN) of PARNASSUS PREPARATORY SCHOOL is 27-1088745.
- Is PARNASSUS PREPARATORY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to PARNASSUS PREPARATORY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARNASSUS 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 PARNASSUS 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 PARNASSUS 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 PARNASSUS PREPARATORY SCHOOL?
- The 990 for the year ended June 30, 2025 names KATHERINE GOOD.
- Who are the officers and directors of PARNASSUS PREPARATORY SCHOOL?
- The 990 for the year ended June 30, 2025 lists 7 people; 3 received compensation from the organization, the highest $186,990 (CONSTANCE FORD, EXECUTIVE DIRECTOR).
- How much revenue does PARNASSUS PREPARATORY SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,000,156, expenses of $18,805,844 and total assets of $12,702,443 at year end.
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