Nonprofit · EIN 74-2729963
TEXAS PREPARATORY SCHOOL
Tax-exempt · SAN MARCOS, TX 78667
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,540,821 | $2,464,666 | -$923,845 | $338,069 | $931,301 | -$593,232 |
| August 31, 2024 | 990 | $4,831,406 | $3,123,687 | $1,707,719 | $1,427,722 | $980,750 | $446,972 |
| August 31, 2023 | 990 | $3,674,868 | $3,176,496 | $498,372 | $2,363,409 | $1,504,459 | $858,950 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $683,243
- Program service revenue
- $857,578
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $114,477
- Other salaries and wages
- $949,267
- Salaries, compensation and benefits (total)
- $1,210,567
- Professional fundraising fees
- $0
- Legal fees
- $473,710
- Accounting fees
- $46,800
- Occupancy
- $130,850
- Depreciation
- $1,342
- Program services (functional)
- $801,559
- Management and general (functional)
- $1,663,107
Balance sheet and other
- Total assets, start of year
- $1,789,351
- Total assets, end of year
- $338,069
- Total liabilities, end of year
- $931,301
- Net assets, end of year
- -$593,232
- Land, buildings and equipment
- $14,758
- Net assets without donor restrictions
- -$593,232
- Gross receipts
- $1,540,821
- Employees
- 64
- Year formed
- 1994
- 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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK A TERRY | CEO and Superintendent Officer | 40 | $114,477 |
| ERIC P JONES | President Trustee or director, Officer | 6 | $0 |
| MARVIN C SURLES | SecretaryTreasurer Trustee or director, Officer | 6 | $0 |
990 for the year ended August 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK A TERRY | CEO and Superintendent Officer | 40 | $114,477 |
| SHIRLEY J SPRINKLES PHD | President Trustee or director, Officer | 6 | $0 |
| ERIC P JONES | Secretary Trustee or director, Officer | 6 | $0 |
| MARVIN C SURLES | Treasurer Trustee or director, Officer | 6 | $0 |
| ANDRIA WHALON | Member Trustee or director | 3 | $0 |
990 for the year ended August 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK A TERRY | CEO and Superintendent Officer | 40 | $93,987 |
| SHIRLEY J SPRINKLES PHD | President Trustee or director, Officer | 6 | $0 |
| ERIC P JONES | Secretary Trustee or director, Officer | 6 | $0 |
| MARVIN C SURLES | Treasurer Trustee or director, Officer | 6 | $0 |
| ANDRIA WHALON | Member Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1643, SAN MARCOS, TX 78667-1643
- In care of
- % MARK A TERRY
- Principal officer (990 for 2024)
- Mark A Terry, PO Box 1643, San Marcos, TX 78667
- Signed the 990
- MARK A TERRY, President
- Phone
- (512) 805-3000
- Website
- www.BGCSCT.org
- Return prepared by
- WILLIAMS TAX & FINANCIAL SERVICES INC
Mission
Our mission is to inspire and enable all young people, especially those whose need us the most to realize their full potential as a productive, responsible and caring citizen.
Program accomplishments
- Education and Career: Club members participate in programs like Junior Staff, Project Learn, Power Hour, Money Matters, Club Service Career Launch and A K thru 6th Grade Public Charter School. The Power Hour Program is in Educational Technology.Expenses $517,712 · revenue $683,243
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 74-2729963
- 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
- 1995
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J20)
- Assets (IRS master file)
- $338,069
- Income (IRS master file)
- $1,540,821
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,540,821 | $2,464,666 | $338,069 | XML |
| 990 | August 2024 | $4,831,406 | $3,123,687 | $1,427,722 | XML |
| 990 | August 2023 | $3,674,868 | $3,176,496 | $2,363,409 | XML |
| 990 | August 2022 | $2,782,340 | $2,971,170 | $753,057 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 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 74-2729963).
Questions about TEXAS PREPARATORY SCHOOL
- What is the EIN of TEXAS PREPARATORY SCHOOL?
- The employer identification number (EIN) of TEXAS PREPARATORY SCHOOL is 74-2729963.
- Is TEXAS PREPARATORY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to TEXAS PREPARATORY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEXAS 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 TEXAS PREPARATORY SCHOOL due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEXAS PREPARATORY SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of TEXAS PREPARATORY SCHOOL?
- The 990 for the year ended August 31, 2025 names Mark A Terry.
- Who are the officers and directors of TEXAS PREPARATORY SCHOOL?
- The 990 for the year ended August 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $114,477 (MARK A TERRY, CEO and Superintendent).
- How much revenue does TEXAS PREPARATORY SCHOOL have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,540,821, expenses of $2,464,666 and total assets of $338,069 at year end.
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