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Hilton Head Preparatory School

Hilton Head Lsland, SC · EIN 23-7126823 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Hilton Head Preparatory School reported $12.7 million in revenue and $13.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.05 went to program services, $4.48 to management and general costs and $3.47 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.9% of the total. The highest compensation it reported for one person was $273,235 (HEAD OF SCHO). 2 people received more than $100,000 in reportable compensation. Revenue rose 30% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $13M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
4.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.45$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
8.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
89.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$273,235$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.04%1.28%
People paid over $100,000
Part VII, line 2
28
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.413.3
Independent voting board members
Part VI 1a–1b
16 of 16100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$12M expenses · 100.0% of program spending · grants $2.5M · revenue $11M

Enrollment of approximately 560 students from fifteen months to twelfth grade preparing for the united states' top universities

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHO
Officer, 40.00 hrs/week
$273,235$0$0$273,235
CHIEF ADVANC
Officer, 40.00 hrs/week
$126,313$0$0$126,313
CFO
Officer, 40.00 hrs/week
$73,535$0$0$73,535

2 people received more than $100,000 in reportable compensation from Hilton Head Preparatory School (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$13M$13M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$13M$13M92.0%$14M$273,235
FY2024 ⓘ$10M$12M90.5%$12M$273,235
FY2023 ⓘ$12M$10M92.5%$14M$226,183
FY2022 ⓘ$9.8M$9.6M92.0%$12M$128,500
FY2021 ⓘ$9.0M$9.3M92.5%$11M$306,603
FY2020 ⓘ$9.8M$9.4M93.8%$11M$273,430

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 16 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5142
  • Volunteers Part I, line 6125

Private foundation grants it received

4 private foundations reported grants to Hilton Head Preparatory School totaling $11,779 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Hilton Head Preparatory School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hilton Head Preparatory School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in South Carolina

Questions people ask

How much of Hilton Head Preparatory School's spending goes to programs?

In the fiscal year ending June 30, 2025, Hilton Head Preparatory School reported that 92.0% of its $13.4 million in expenses went to program services, 4.5% to management and general and 3.5% to fundraising (Form 990, Part IX).

How much does Hilton Head Preparatory School pay its top executive?

The largest total compensation Hilton Head Preparatory School reported for one person in the fiscal year ending June 30, 2025 was $273,235, for the role of HEAD OF SCHO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Hilton Head Preparatory School get its money?

Of $12.7 million in revenue in the fiscal year ending June 30, 2025, 8.2% came from contributions and grants and 89.9% from program service revenue (Form 990, Part VIII).

Is Hilton Head Preparatory School a registered charity?

The IRS lists EIN 23-7126823 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349308163 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540979349301419 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349311376 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349317938 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221319349305297 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101319349302750 · read the filing

All filings for EIN 23-7126823: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.