Skip to main content

Nonprofit · EIN 74-1815978

VANGUARD COLLEGE PREPARATORY SCHOOL

Tax-exempt · WACO, TX 76710

Financials

$6M$5.1M2022$6.4M$5.7M2023$6.5M$6.3M2024
Revenue Expenses · by fiscal year end
Financials of VANGUARD COLLEGE PREPARATORY SCHOOL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$6,496,991$6,332,565$164,426$10,690,477$6,738,588$3,951,889
July 31, 2024990$6,411,466$5,718,603$692,863$10,807,415$7,024,314$3,783,101
July 31, 2023990$6,006,363$5,102,262$904,101$6,388,902$3,305,737$3,083,165
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$1,202,763
Program service revenue
$5,280,652
Investment income
$35,118
Net gain from sales of assets
$2,129
Net income from fundraising events
-$24,598
Net income from sales of inventory
$3,056
Other revenue
-$21,542

Expenses

Grants and similar amounts paid
$935,033
Compensation of officers, directors and key employees
$162,176
Other salaries and wages
$2,403,227
Salaries, compensation and benefits (total)
$2,940,377
Professional fundraising fees
$0
Accounting fees
$42,281
Occupancy
$406,832
Depreciation
$377,781
Program services (functional)
$4,600,807
Management and general (functional)
$1,554,210
Fundraising (functional)
$177,548

Balance sheet and other

Total assets, start of year
$10,807,415
Total assets, end of year
$10,690,477
Total liabilities, end of year
$6,738,588
Net assets, end of year
$3,951,889
Land, buildings and equipment
$8,820,118
Publicly traded securities
$16,377
Net assets without donor restrictions
$3,951,889
Gross receipts
$6,548,450
Employees
50
Volunteers
165
Year formed
1973
State of legal domicile
TX

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BILL BORGHEAD OF SCHOOL
Officer
40$162,176
CHRISTY HOLZEPAST CHAIR
Trustee or director, Officer
2$0
LIBBY STARRSECRETARY
Trustee or director, Officer
2$0
CASEY ROLLINSVICE-CHAIR
Trustee or director, Officer
2$0
MATT MORRISONCHAIRMAN
Trustee or director, Officer
2$0
JED COLEBOARD TRUSTEE
Trustee or director
2$0
KIM ZANDERBOARD TRUSTEE
Trustee or director
2$0
MELANIE CHATMASBOARD TRUSTEE
Trustee or director
2$0
TANNER MOOREBOARD TRUSTEE
Trustee or director
2$0
MITCHELL HORNERTREASURER
Trustee or director, Officer
2$0
JOHN PEGREAMBOARD TRUSTEE
Trustee or director
2$0
CAMILLE WILDERBOARD TRUSTEE
Trustee or director
2$0
JESSICA MEEHANBOARD TRUSTEE
Trustee or director
2$0
NANCY MCEACHERNBOARD TRUSTEE
Trustee or director
2$0
HERMINEH MORADIBOARD TRUSTEE
Trustee or director
2$0
990 for the year ended July 31, 2024: 16 people
NameTitleHours / weekCompensation
BILL BORGHEAD OF SCHOOL
Officer
40$151,159
SHANNA MATTSONPAST CHAIR
Trustee or director, Officer
2$0
EMILY OFFILLSECRETARY
Trustee or director, Officer
2$0
MATT MORRISONVICE-CHAIR
Trustee or director, Officer
2$0
CHRISTY HOLZECHAIRMAN
Trustee or director, Officer
2$0
JED COLEBOARD TRUSTEE
Trustee or director
2$0
DARIN DAVISBOARD TRUSTEE
Trustee or director
2$0
ROBB FITZKEBOARD TRUSTEE
Trustee or director
2$0
RYAN LINDSEYBOARD TRUSTEE
Trustee or director
2$0
CASEY ROLLINSTREASURER
Trustee or director, Officer
2$0
KIM ZANDERBOARD TRUSTEE
Trustee or director
2$0
KATHERINE HAYNESBOARD TRUSTEE
Trustee or director
2$0
SUZANNE KELLYBOARD TRUSTEE
Trustee or director
2$0
GAY PADGETTBOARD TRUSTEE
Trustee or director
2$0
LIBBY STARRBOARD TRUSTEE
Trustee or director
2$0
MITCHELL HORNERBOARD TRUSTEE
Trustee or director
2$0
990 for the year ended July 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
BILL BORGHEAD OF SCHOOL
Officer
40$158,414$15,950
SHANNA MATTSONPAST CHAIRMAN
Trustee or director, Officer
2$0$0
EMILY OFFILLSECRETARY
Trustee or director, Officer
2$0$0
MATT MORRISONVICE-CHAIR,TREASURER
Trustee or director, Officer
2$0$0
CHRISTY HOLZECHAIRMAN
Trustee or director, Officer
2$0$0
JED COLEBOARD TRUSTEE
Trustee or director
2$0$0
DARIN DAVISBOARD TRUSTEE
Trustee or director
2$0$0
ROBB FITZKEBOARD TRUSTEE
Trustee or director
2$0$0
RYAN LINDSEYBOARD TRUSTEE
Trustee or director
2$0$0
CASEY ROLLINSBOARD TRUSTEE
Trustee or director
2$0$0
JESSICA BURCHBOARD TRUSTEE
Trustee or director
2$0$0
KATHERINE HAYNESBOARD TRUSTEE
Trustee or director
2$0$0
SUZANNE KELLYBOARD TRUSTEE
Trustee or director
2$0$0
GAY PADGETTBOARD TRUSTEE
Trustee or director
2$0$0
LIBBY STARRBOARD TRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
2517 MOUNT CARMEL DR, WACO, TX 76710-1507
Principal officer (990 for 2024)
JOHNNY GRAHAM, 2517 MOUNT CARMEL, WACO, TX 76710
Signed the 990
JOHNNY GRAHAM, HEAD OF SCHOOL
Phone
(254) 772-8111
Return prepared by
JRBT PC

Mission

VANGUARD COLLEGE PREPARATORY SCHOOL IS A NON-PAROCHIAL, INDEPENDENT SCHOOL THAT PREPARES STUDENTS FOR ACADEMIC SUCCESS AND FULFILLING LIVES. THE FOUNDATION OF THE VANGUARD EXPERIENCE IS BASED ON THE CORE VALUES OF RIGOR, RESPONSIBILITY AND RESPECT. THE COMMUNITY OF VANGUARD STUDENTS, FACULTY, ADMINISTRATORS AND PARENTS IS COMMITTED TO A PERSONALIZED LEARNING EXPERIENCE THAT PREPARES EACH STUDENT TO EXCEL AT THE COLLEGIATE LEVEL.

990 for the year ended July 31, 2025

Program accomplishments

  • OPERATION OF COLLEGE PREPATORY SCHOOL FOR GRADES 7 THROUGH 12. DURING THE 2024-2025 SCHOOL YEAR, VANGUARD PROVIDED EDUCATIONAL SERVICES TO 293 STUDENTS.
    Expenses $4,600,807 · grants $935,033 · revenue $5,280,652

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
74-1815978
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
July
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B25)
Assets (IRS master file)
$10,690,477
Income (IRS master file)
$6,548,450

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$6,496,991$6,332,565$10,690,477XML
990July 2024$6,411,466$5,718,603$10,807,415XML
990July 2023$6,006,363$5,102,262$6,388,902XML
990July 2022$4,734,020$4,368,910$4,791,105IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 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 74-1815978).

Questions about VANGUARD COLLEGE PREPARATORY SCHOOL

What is the EIN of VANGUARD COLLEGE PREPARATORY SCHOOL?
The employer identification number (EIN) of VANGUARD COLLEGE PREPARATORY SCHOOL is 74-1815978.
Is VANGUARD COLLEGE PREPARATORY SCHOOL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to VANGUARD COLLEGE PREPARATORY SCHOOL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VANGUARD COLLEGE 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 VANGUARD COLLEGE PREPARATORY SCHOOL due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VANGUARD COLLEGE PREPARATORY SCHOOL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of VANGUARD COLLEGE PREPARATORY SCHOOL?
The 990 for the year ended July 31, 2025 names JOHNNY GRAHAM.
Who are the officers and directors of VANGUARD COLLEGE PREPARATORY SCHOOL?
The 990 for the year ended July 31, 2025 lists 15 people; 1 received compensation from the organization, the highest $162,176 (BILL BORG, HEAD OF SCHOOL).
How much revenue does VANGUARD COLLEGE PREPARATORY SCHOOL have?
On its 990 for the year ended July 31, 2025 it reported revenue of $6,496,991, expenses of $6,332,565 and total assets of $10,690,477 at year end.

Other nonprofits in WACO

All nonprofits in WACO · Texas · Education