Nonprofit · EIN 57-0886152
COLLETON PREPARATORY ACADEMY INC
Tax-exempt · WALTERBORO, SC 29488
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,556,517 | $3,572,853 | -$16,336 | $2,034,248 | $1,404,739 | $629,509 |
| June 30, 2024 | 990 | $4,215,353 | $3,203,882 | $1,011,471 | $2,181,845 | $1,536,000 | $645,845 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $35,392
- Program service revenue
- $3,471,841
- Investment income
- $49,284
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,386,007
- Salaries, compensation and benefits (total)
- $2,628,093
- Professional fundraising fees
- $0
- Accounting fees
- $47,777
- Occupancy
- $441,926
- Depreciation
- $23,861
- Program services (functional)
- $2,972,856
- Management and general (functional)
- $599,997
Balance sheet and other
- Total assets, start of year
- $2,181,845
- Total assets, end of year
- $2,034,248
- Total liabilities, end of year
- $1,404,739
- Net assets, end of year
- $629,509
- Land, buildings and equipment
- $370,237
- Gross receipts
- $3,556,517
- Employees
- 111
- Volunteers
- 250
- Year formed
- 1991
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATH GRIFFITH | DIRECTOR Trustee or director | 2 | $0 |
| RICHARD BRELAND | DIRECTOR Trustee or director | 2 | $0 |
| TIMMY BENTON | DIRECTOR Trustee or director, Officer | 3 | $0 |
| ROGER ODUM | DIRECTOR Trustee or director | 2 | $0 |
| CHARLES A SPEARS | DIRECTOR Trustee or director | 2 | $0 |
| MARIE HOWELL | DIRECTOR Trustee or director, Officer | 3 | $0 |
| CHAD ARANEO | DIRECTOR Trustee or director, Officer | 3 | $0 |
| TOMMY MURRAY | DIRECTOR Trustee or director | 2 | $0 |
| JOSH WHITE | DIRECTOR Trustee or director | 2 | $0 |
| EVERETTE BOOTLE | DIRECTOR Trustee or director | 2 | $0 |
| TOMMY CARROLL | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EVERETTE BOOTLE | DIRECTOR Trustee or director | 2 | $0 |
| JOSH WHITE | DIRECTOR Trustee or director | 2 | $0 |
| TOMMY MURRAY | DIRECTOR Trustee or director | 2 | $0 |
| ROGER ODUM | DIRECTOR Trustee or director | 2 | $0 |
| RICHARD BRELAND | DIRECTOR Trustee or director | 2 | $0 |
| HEATH GRIFFITH | DIRECTOR Trustee or director | 2 | $0 |
| TIMMY BENTON | DIRECTOR Trustee or director | 2 | $0 |
| TOMMY CARROLL | DIRECTOR Trustee or director, Officer | 3 | $0 |
| CHARLES A SPEARS | DIRECTOR Trustee or director, Officer | 3 | $0 |
| MARIE HOWELL | DIRECTOR Trustee or director, Officer | 3 | $0 |
| CHAD ARANEO | DIRECTOR Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 165 ACADEMY RD, WALTERBORO, SC 29488-8252
- In care of
- % JILL B BURTTRAM
- Signed the 990
- JILL B BURTTRAM, HEAD OF SCHOOL
- Phone
- (843) 538-8959
- Return prepared by
- Wallings Accounting & Tax Service
Mission
THE ACADEMY ENABLES STUDENTS IN GRADES K4-12(0-3 YRS OLD HAVE ALSO BEEN ADDED) TO OBTAIN A QUALITY EDUCATION. STUDENTS BENEFIT FROM SMALL CLASS SIZES AND HAVE THE ABILITY TO PARTICIPATE IN A VARIETY OF CLUBS AND ACTIVITIES. THERE WERE 550 STUDENTS THIS YEAR.
Program accomplishments
- THE ACADEMY ENABLED 550 STUDENTS IN GRADES K4-12 (0-3 YEARS OLD HAVE BEEN ADDED) TO OBTAIN A QUALITY EDUCATION. STUDENTS BENEFIT FROM SMALL CLASS SIZE AND HAVE THE ABILITY TO PARTICIPATE IN A VARIETY OF CLUBS AND ACTIVITES.Expenses $2,972,856
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
- 57-0886152
- 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
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24Z)
- Assets (IRS master file)
- $2,034,248
- Income (IRS master file)
- $3,556,517
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $3,029,779 | $3,251,923 | $1,129,161 | IRS |
| 990 | June 2022 | $2,813,823 | $2,670,701 | $3,363,120 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about COLLETON PREPARATORY ACADEMY INC
- What is the EIN of COLLETON PREPARATORY ACADEMY INC?
- The employer identification number (EIN) of COLLETON PREPARATORY ACADEMY INC is 57-0886152.
- Is COLLETON PREPARATORY ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to COLLETON PREPARATORY ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLLETON PREPARATORY ACADEMY 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 COLLETON PREPARATORY ACADEMY 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 COLLETON PREPARATORY ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of COLLETON PREPARATORY ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does COLLETON PREPARATORY ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,556,517, expenses of $3,572,853 and total assets of $2,034,248 at year end.
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- GOLDEN EXTENSION EIN 57-0916470 · last filed 990-EZ for 2026
- FRIENDS OF THE COLLETON COUNTY MEMORIAL LIBRARY EIN 57-1037500 · last filed 990-N for 2024
- LOWCOUNTRY LADIES OF SOUTH CAROLINA EIN 32-0196978 · last filed 990-N for 2025