Nonprofit · EIN 87-3535360
PREMIER PREP ONLINE ACADEMY
Tax-exempt · GILBERT, AZ 85234
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,686,908 | $2,246,272 | $440,636 | $839,838 | $222,745 | $617,093 |
| June 30, 2024 | 990 | $1,577,749 | $1,281,604 | $296,145 | $423,995 | $247,537 | $176,458 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,594,684
- of which government grants
- $2,544,734
- Program service revenue
- $92,224
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $227,120
- Other salaries and wages
- $601,051
- Salaries, compensation and benefits (total)
- $987,747
- Professional fundraising fees
- $0
- Legal fees
- $1,476
- Accounting fees
- $24,446
- Occupancy
- $282,080
- Travel
- $132,684
- Depreciation
- $3,980
- Program services (functional)
- $1,525,695
- Management and general (functional)
- $720,577
Balance sheet and other
- Total assets, start of year
- $423,995
- Total assets, end of year
- $839,838
- Total liabilities, end of year
- $222,745
- Net assets, end of year
- $617,093
- Land, buildings and equipment
- $29,938
- Net assets without donor restrictions
- $541,769
- Net assets with donor restrictions
- $75,324
- Gross receipts
- $2,686,908
- Employees
- 14
- Year formed
- 2021
- State of legal domicile
- AZ
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 |
|---|---|---|---|
| Erik Gray | President Trustee or director, Officer | 40 | $113,560 |
| Sarah Williams | Vice President Trustee or director, Officer | 40 | $113,560 |
| Mark Earle | Director Trustee or director | 1 | $0 |
| Michael Walker | Director Trustee or director | 1 | $0 |
| Nick Schuermann | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Erik Gray | Director Trustee or director | 40 | $52,564 |
| Sarah Williams | Director Trustee or director | 40 | $52,564 |
| Mark Earle | Director Trustee or director | 1 | $0 |
| Michael Walker | Director Trustee or director | 1 | $0 |
| Nick Schuermann | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 459 N GILBERT RD STE A198, GILBERT, AZ 85234-4758
- In care of
- % ERIK GRAY
- Signed the 990
- Erik Gray, Director
- Return prepared by
- HEATHER N HOLCOMB
Mission
Premier Prep Online Academy equips talent-driven students through high quality education and personal development and prepares them with a foundation for life-long learning to be productive, engaged citizens.
Program accomplishments
- Premier Prep Online Academy equips talent-driven students through high quality education and personal development and prepares them with a foundation for life-long learning to be productive, engaged citizens.Expenses $1,525,695
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
- 87-3535360
- 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
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $839,838
- Income (IRS master file)
- $2,686,908
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,686,908 | $2,246,272 | $839,838 | IRS |
| 990 | June 2024 | $1,577,749 | $1,281,604 | $423,995 | 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 87-3535360).
Questions about PREMIER PREP ONLINE ACADEMY
- What is the EIN of PREMIER PREP ONLINE ACADEMY?
- The employer identification number (EIN) of PREMIER PREP ONLINE ACADEMY is 87-3535360.
- Is PREMIER PREP ONLINE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to PREMIER PREP ONLINE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PREMIER PREP ONLINE ACADEMY 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 PREMIER PREP ONLINE ACADEMY 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 PREMIER PREP ONLINE ACADEMY 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 PREMIER PREP ONLINE ACADEMY?
- The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $113,560 (Erik Gray, President).
- How much revenue does PREMIER PREP ONLINE ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,686,908, expenses of $2,246,272 and total assets of $839,838 at year end.
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