Nonprofit · EIN 45-4568023
AMERICAN PREPARATORY EDUCATION FOUNDATION
Tax-exempt (reinstated) · DRAPER, UT 84020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $379,225 | $462,466 | -$83,241 | $2,176,327 | $4,631 | $2,171,696 |
| December 31, 2024 | 990 | $408,403 | $463,547 | -$55,144 | $2,017,729 | $2,469 | $2,015,260 |
| December 31, 2023 | 990 | $209,399 | $224,363 | -$14,964 | $1,993,698 | $0 | $1,993,698 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $346,754
- Program service revenue
- $0
- Investment income
- $61,576
- Net income from fundraising events
- -$37,510
- Other revenue
- -$29,105
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $5,016
- Other salaries and wages
- $108,130
- Salaries, compensation and benefits (total)
- $116,856
- Professional fundraising fees
- $0
- Accounting fees
- $6,290
- Depreciation
- $440
- Program services (functional)
- $281,496
- Management and general (functional)
- $157,103
- Fundraising (functional)
- $23,867
Balance sheet and other
- Total assets, start of year
- $2,017,729
- Total assets, end of year
- $2,176,327
- Total liabilities, end of year
- $4,631
- Net assets, end of year
- $2,171,696
- Land, buildings and equipment
- $1,319
- Publicly traded securities
- $1,791,522
- Net assets without donor restrictions
- $2,171,696
- Gross receipts
- $416,735
- Employees
- 4
- Volunteers
- 100
- Year formed
- 2012
- State of legal domicile
- UT
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAUREN SMITH | Executive Dir. Officer | 25 | $5,016 |
| KEVIN MCVICAR | Chairman Trustee or director, Officer | 1 | $0 |
| HOWARD HEADLEE | Director Trustee or director | 1 | $0 |
| GWENDOLYN HORTIN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| STEPHEN SMITH | Director Trustee or director | 1 | $0 |
| BRIAN HANKS | Director Trustee or director | 1 | $0 |
| PEGGY CALDA | Director Trustee or director | 1 | $0 |
| RACHANA HEGDE | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kevin McVicar | Chair Trustee or director, Officer | 1 | $0 |
| Howard Headlee | Director Trustee or director | 1 | $0 |
| Gwendolyn Hortin | Vice Chair Trustee or director, Officer | 1 | $0 |
| Stephen Smith | Director Trustee or director | 1 | $0 |
| Brian Hanks | Director Trustee or director | 1 | $0 |
| Peggy Calda | Director Trustee or director | 1 | $0 |
| Rachana Hegde | Director Trustee or director | 1 | $0 |
| Chalene Spalding | – Officer | 0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brian Hanks | Director Trustee or director | 1 | $0 |
| Peggy Daniel | Director Trustee or director | 1 | $0 |
| Rachana Hegde | Director Trustee or director | 1 | $0 |
| Stephen Smith | Director Trustee or director | 1 | $0 |
| Howard Headlee | Director Trustee or director | 1 | $0 |
| Kevin McVicar | Chair Trustee or director, Officer | 1 | $0 |
| Gwendolyn Hortin | Vice Chair Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 12894 S PONY EXPRESS RD STE 40, DRAPER, UT 84020-8328
- In care of
- % KEVIN MCVICAR
- Signed the 990
- KEVIN MCVICAR, Chairman
- Phone
- (801) 661-1928
- Return prepared by
- Gilbert & Stewart
Mission
PROVIDE ENERGY, FOCUS, AND EXPERTISE TO RAISE FUNDS FOR CAPITAL IMPROVEMENTS, PROGRAM ENHANCEMENTS, AND SCHOLARSHIPS TO STUDENTS, PARENTS, AND EDUCATORS CONNECTED WITH APA SCHOOLS. ENHANCE THE APA EXPERIENCE FOR STUDENTS THROUGH AFTERSCHOOL PROGRAMS AND COLLEGE PREPARATION.
Program accomplishments
- ALLOCATED OVER $155,000 TO SUPPORT A WORKFORCE OF MORE THAN 800 EDUCATORS AND STAFF MEMBERS THROUGH PROFESSIONAL DEVELOPMENT, TEAM-BUILDING INITIATIVES, AND PERFORMANCE-BASED INCENTIVES. THESE INVESTMENTS IMPROVED STAFF RETENTION AND INSTRUCTIONAL QUALITY, ENSURING A HIGH STANDARD OF EDUCATIONAL EXCELLENCE ACROSS ALL CAMPUSES.Expenses $155,075
- ALLOCATED OVER $100,000 ACROSS SEVEN CAMPUSES TO ENHANCE EDUCATIONAL INFRASTRUCTURE AND SUSTAIN SECONDARY EXTRACURRICULAR PROGRAMMING. THESE FUNDS SUPPORTED MINOR FACILITY MODERNIZATIONS AND HIGH-SCHOOL ATHLETIC AND MUSICAL INITIATIVES FOR HUNDREDS OF STUDENTS, SPECIFICALLY DESIGNED TO CULTIVATE CHARACTER DEVELOPMENT AND POST-SECONDARY READINESS.Expenses $108,670 · grants $25,000
- AWARDED $7,900 IN MERIT-BASED SCHOLARSHIPS TO GRADUATING SENIORS WHO DEMONSTRATED EXCEPTIONAL ACADEMIC ACHIEVEMENT AND EXEMPLARY CHARACTER. THESE AWARDS PROVIDE FINANCIAL ASSISTANCE TO SUPPORT THE TRANSITION TO HIGHER EDUCATION FOR STUDENTS WHO EMBODY THE ORGANIZATION'S CORE VALUES.Expenses $7,900
- SUPPORT FOR ZAMBIA EDUCATION PROJECT.Expenses $7,740
- HARDSHIP FUNDS TO PROVIDE RESOURCES TO HELP MEMBERS OF APA SCHOOLS WITH SIGNIFICANT EMERGENCIES.Expenses $2,111
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-4568023
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $2,176,327
- Income (IRS master file)
- $416,735
Revocation and reinstatement
- Exemption revoked
- May 15, 2015
- Posted by the IRS
- August 10, 2015
- Reinstated
- Effective May 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $379,225 | $462,466 | $2,176,327 | IRS |
| 990 | December 2024 | $408,403 | $463,547 | $2,017,729 | XML |
| 990 | December 2023 | $209,399 | $224,363 | $1,993,698 | XML |
| 990 | December 2022 | $699,099 | $215,829 | $2,008,662 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 45-4568023).
Questions about AMERICAN PREPARATORY EDUCATION FOUNDATION
- What is the EIN of AMERICAN PREPARATORY EDUCATION FOUNDATION?
- The employer identification number (EIN) of AMERICAN PREPARATORY EDUCATION FOUNDATION is 45-4568023.
- Is AMERICAN PREPARATORY EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2015 and reinstated it effective May 15, 2015.
- Are donations to AMERICAN PREPARATORY EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN PREPARATORY EDUCATION FOUNDATION 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 AMERICAN PREPARATORY EDUCATION FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN PREPARATORY EDUCATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of AMERICAN PREPARATORY EDUCATION FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $5,016 (LAUREN SMITH, Executive Dir.).
- How much revenue does AMERICAN PREPARATORY EDUCATION FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $379,225, expenses of $462,466 and total assets of $2,176,327 at year end.
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