Nonprofit · EIN 85-0165745
SANTA FE PREPARATORY SCHOOL
Tax-exempt · SANTA FE, NM 87505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $21,795,620 | $34,511,180 | -$12,715,560 | $73,134,183 | $42,104,331 | $31,029,852 |
| June 30, 2024 | 990 | $11,015,323 | $19,438,460 | -$8,423,137 | $65,907,214 | $23,805,923 | $42,101,291 |
| June 30, 2023 | 990 | $15,200,830 | $19,713,283 | -$4,512,453 | $73,018,999 | $23,542,018 | $49,476,981 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,770,145
- Program service revenue
- $8,480,565
- Investment income
- $3,388,613
- Royalties
- $24,919
- Net gain from sales of assets
- $2,567,134
- Net income from fundraising events
- -$35,182
- Other revenue
- $156,297
Expenses
- Grants and similar amounts paid
- $22,295,750
- Compensation of officers, directors and key employees
- $504,118
- Other salaries and wages
- $6,069,063
- Salaries, compensation and benefits (total)
- $8,304,085
- Professional fundraising fees
- $0
- Accounting fees
- $13,415
- Occupancy
- $179,177
- Travel
- $237,698
- Depreciation
- $576,620
- Program services (functional)
- $31,412,810
- Management and general (functional)
- $2,681,050
- Fundraising (functional)
- $417,320
Balance sheet and other
- Total assets, start of year
- $65,907,214
- Total assets, end of year
- $73,134,183
- Total liabilities, end of year
- $42,104,331
- Net assets, end of year
- $31,029,852
- Land, buildings and equipment
- $8,072,716
- Publicly traded securities
- $33,407,138
- Net assets without donor restrictions
- -$1,842,315
- Net assets with donor restrictions
- $32,872,167
- Gross receipts
- $29,793,240
- Employees
- 155
- Volunteers
- 100
- Year formed
- 1961
- State of legal domicile
- NM
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 |
|---|---|---|---|---|
| AARON SCHUBACH | HEAD OF SCHO Officer | 40 | $336,784 | $14,447 |
| BRUCE SACHS | CFO Officer | 40 | $144,079 | $9,915 |
| ASHLEY SATTERTHWAITE | ASST. HEAD O Highest-paid employee | 40 | $131,482 | $14,046 |
| JOHN UTSEY | DIRECTOR OF Highest-paid employee | 40 | $131,111 | $14,046 |
| MICHAEL MCNEILL | ADVANCEMENT Highest-paid employee | 40 | $125,515 | $3,861 |
| SAM RITTER | DAVIS SCHOL. Highest-paid employee | 40 | $101,227 | $0 |
| JENNY KAUFMAN | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| SARA APRIL | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| DAVID KOCON | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BOB BORDEN | TRUSTEE Trustee or director | 3 | $0 | $0 |
| LIZ BREMNER | TRUSTEE Trustee or director | 3 | $0 | $0 |
| RANDY DRY | TRUSTEE Trustee or director | 3 | $0 | $0 |
| ALICE DUNN | TRUSTEE Trustee or director | 3 | $0 | $0 |
| DOMINIC GARCIA | TRUSTEE Trustee or director | 3 | $0 | $0 |
| ESTEVAN GONZALES | TRUSTEE Trustee or director | 3 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GUILLERMO BLEICHMAR | TRUSTEE Trustee or director | 3 | $0 |
| MIQUELA KORTE | TRUSTEE Trustee or director | 3 | $0 |
| ERIK LITZENBERG | TRUSTEE Trustee or director | 3 | $0 |
| THAO MARQUEZ | TRUSTEE Trustee or director | 3 | $0 |
| FRED NATHAN | TRUSTEE Trustee or director | 3 | $0 |
| DENNIS ROMERO | TRUSTEE Trustee or director | 3 | $0 |
| LESLIE ROSS | TRUSTEE Trustee or director | 3 | $0 |
| JENNA SCANLAN | TRUSTEE Trustee or director | 3 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AARON SCHUBACH | HEAD OF SCHO Officer | 40 | $314,862 | $63,480 |
| JOHN UTSEY | DIRECTOR OF Highest-paid employee | 40 | $120,415 | $73,681 |
| BRUCE SACHS | CFO Officer | 40 | $131,221 | $28,201 |
| MICHAEL MCNEILL | ADVANCEMENT Highest-paid employee | 40 | $130,172 | $4,372 |
| CATHERINE MCKENZIE | LIBRARY DIRE Highest-paid employee | 40 | $105,256 | $4,372 |
| JENNY KAUFMAN | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| SARA APRIL | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| DAVID KOCON | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BOB BORDEN | TRUSTEE Trustee or director | 3 | $0 | $0 |
| LIZ BREMNER | TRUSTEE Trustee or director | 3 | $0 | $0 |
| RANDY DRY | TRUSTEE Trustee or director | 3 | $0 | $0 |
| ALICE DUNN | TRUSTEE Trustee or director | 3 | $0 | $0 |
| DOMINIC GARCIA | TRUSTEE Trustee or director | 3 | $0 | $0 |
| ESTEVAN GONZALES | TRUSTEE Trustee or director | 3 | $0 | $0 |
| GUILLERMO BLEICHMAR | TRUSTEE Trustee or director | 3 | $0 | $0 |
| MIQUELA KORTE | TRUSTEE Trustee or director | 3 | $0 | $0 |
| ERIK LITZENBERG | TRUSTEE Trustee or director | 3 | $0 | $0 |
| THAO MARQUEZ | TRUSTEE Trustee or director | 3 | $0 | $0 |
| FRED NATHAN | TRUSTEE Trustee or director | 3 | $0 | $0 |
| DENNIS ROMERO | TRUSTEE Trustee or director | 3 | $0 | $0 |
| LESLIE ROSS | TRUSTEE Trustee or director | 3 | $0 | $0 |
| JENNA SCANLAN | TRUSTEE Trustee or director | 3 | $0 | $0 |
990 for the year ended June 30, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AARON SCHUBACH | HEAD OF SCHO Officer | 40 | $284,784 | $38,237 |
| ELICIA MONTOYA | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| JENNY KAUFMAN | VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| DAVID KOCON | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| LEAH SWANSON | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| SARA APRIL | TRUSTEE Trustee or director | 3 | $0 | $0 |
| STEPHEN BADGER | TRUSTEE Trustee or director | 3 | $0 | $0 |
| LIZ BREMNER | TRUSTEE Trustee or director | 3 | $0 | $0 |
| ALEJANDRA CASTILLO | TRUSTEE Trustee or director | 3 | $0 | $0 |
| JOSIAH CHILD | TRUSTEE Trustee or director | 3 | $0 | $0 |
| RANDY DRY | TRUSTEE Trustee or director | 3 | $0 | $0 |
| EDWARD GALE | TRUSTEE Trustee or director | 3 | $0 | $0 |
| DOMINIC GARCIA | TRUSTEE Trustee or director | 3 | $0 | $0 |
| ESTEVAN GONZALES | TRUSTEE Trustee or director | 3 | $0 | $0 |
| MIQUELA SALAZAR KORTE | TRUSTEE Trustee or director | 3 | $0 | $0 |
| CHRISTINE LEHMAN | TRUSTEE Trustee or director | 3 | $0 | $0 |
| THAO MARQUEZ | TRUSTEE Trustee or director | 3 | $0 | $0 |
| SUZANNE MOSS | TRUSTEE Trustee or director | 3 | $0 | $0 |
| JOOHEE RAND | TRUSTEE Trustee or director | 3 | $0 | $0 |
| CAROL ROMERO-WIRTH | TRUSTEE Trustee or director | 3 | $0 | $0 |
| JENNA SCANLAN | TRUSTEE Trustee or director | 3 | $0 | $0 |
| WARREN THOMPSON | TRUSTEE Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 CAMINO DE LA CRUZ BLANCA, SANTA FE, NM 87505-0396
- Principal officer (990 for 2024)
- AARON SCHUBACH, 1101 CAMINO DE LA CRUZ BLANCA, SANTA FE, NM 87505
- Signed the 990
- AARON SCHUBACH, HEAD OF SCHOOL
- Phone
- (505) 982-1829
- Website
- SFPREP.ORG
- Return prepared by
- HINKLE LANDERS PC
Mission
SANTA FE PREPARATORY SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL, GRADES 7 THROUGH 12, DEDICTAED TO EDUCATIONAL EXCELLENCE.
Program accomplishments
- THE SCHOOL PROVIDES A COLLEGE PREPARATORY EDUCATION TO APPROXIMATELY 330 STUDENTS IN GRADES 7 THROUGH 12. THE SCHOOL ALSO HOSTS THE EE FORD SUMMER TEACHERS COLLOQUIUM SERVING APPROXIMATELY 40 TEACHERS.Expenses $8,336,753 · revenue $8,480,565
- DAVIS NEW MEXICO SCHOLARS AND BREAKTHROUGH SANTA FE (BREAKTHROUGH): BREAKTHROUGH IS A PREP PROGRAM THAT ASSIST STUDENTS IN GRADES 7 THROUGH 12 FROM UNDERSERVED PUBLIC SCHOOLS TO BECOME THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE. STUDENTS COMMIT TO THE PROGRAM FOR 6 YEARS AND PARTICIPATE IN SUMMER PROGRAMMING, SCHOOL YEAR SUPPORT, AND ONE-ON-ONE COLLEGE COUNSELING. BREAKTHROUGH SANTA FE ALSO PARTNERS WITH THE SHELBY CULLOM DAVIS CHARITABLE FUND, INC. TO ADMINISTER AND AWARD FULL-TUITION COLLEGE SCHOLARSHIPS TO STUDENTS PARTICIPATING IN THE DAVIS NEW MEXICO SCHOLARS PROGRAM (DAVIS NEW MEXICO). AS OF JUNE 30, 2024, APPROXIMATELY 137 DAVIS NEW MEXICO SCHOLARSHIP RECIPIENTS ARE ENROLLED IN COLLEGE.Expenses $23,076,057 · grants $22,295,750
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
- 85-0165745
- 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
- 1963
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B250)
- Assets (IRS master file)
- $73,134,183
- Income (IRS master file)
- $29,793,240
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $21,795,620 | $34,511,180 | $73,134,183 | IRS |
| 990 | June 2024 | $11,015,323 | $19,438,460 | $65,907,214 | IRS |
| 990 | June 2023 | $15,200,830 | $19,713,283 | $73,018,999 | XML |
| 990 | June 2022 | $20,700,006 | $21,248,117 | $76,530,803 | 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 85-0165745).
Questions about SANTA FE PREPARATORY SCHOOL
- What is the EIN of SANTA FE PREPARATORY SCHOOL?
- The employer identification number (EIN) of SANTA FE PREPARATORY SCHOOL is 85-0165745.
- Is SANTA FE PREPARATORY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to SANTA FE PREPARATORY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SANTA FE 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 SANTA FE 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 SANTA FE 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 SANTA FE PREPARATORY SCHOOL?
- The 990 for the year ended June 30, 2025 names AARON SCHUBACH.
- Who are the officers and directors of SANTA FE PREPARATORY SCHOOL?
- The 990 for the year ended June 30, 2025 lists 23 people; 6 received compensation from the organization, the highest $336,784 (AARON SCHUBACH, HEAD OF SCHO).
- How much revenue does SANTA FE PREPARATORY SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $21,795,620, expenses of $34,511,180 and total assets of $73,134,183 at year end.
Other nonprofits in SANTA FE
- SANTA FE INDIAN SCHOOL EIN 85-0346497 · last filed 990 for 2025
- INSTITUTE OF AMERICAN INDIAN & ALASKA NATIVE CULTURE & ARTS EIN 85-0365964 · last filed 990 for 2025
- COLLABORATIVE FOR HIGHER EDUCATION SHARED SERVICES EIN 86-2790933 · last filed 990 for 2025
- SOUTHWESTERN COLLEGE EIN 85-0271348 · last filed 990 for 2025
- INSTITUTE OF AMERICAN INDIAN ARTS TRUST EIN 85-0377670 · last filed 990 for 2025
- COMMUNITIES IN SCHOOLS OF NEW MEXICO EIN 85-0481104 · last filed 990 for 2025
- SANTA FE COMMUNITY COLLEGE FOUNDATION EIN 20-1594570 · last filed 990 for 2025
- NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE EIN 26-4764395 · last filed 990 for 2025