The Pegasus School
The Pegasus School reported $22.2 million in revenue and $21.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.24 went to program services, $17.65 to management and general costs and $3.11 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.1% of the total. The highest compensation it reported for one person was $362,562 (CFO). 41 people received more than $100,000 in reportable compensation. Revenue rose 25% 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 $22MFor 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 $22M- Contributions & grants (non-government)$8.31 $1.9M
- Program service revenue$87.70 $20M
- Investment income$3.99 $900K
Other revenue was negative: −$347K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.36 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 8.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 89.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $362,562 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.68% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 41 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 24.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 18 of 18 | 100.0% |
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 expenseDuring the 24-25 school year, the Pegasus School provided independent educational services to approximately 595 children from pre-kindergarten through eighth grade at its campus in huntington beach, california. The school offered regular school year, summer programs, and numerous opportunities for students to actively participate in a challenging educational environment
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CFO Officer, 40.00 hrs/week | $303,437 | $0 | $59,125 | $362,562 |
| HEAD OF SCHOOL (THRU 6/30/24) Officer, 40.00 hrs/week | $312,846 | $0 | $40,449 | $353,295 |
| ASSOCIATE HEAD OF SCHOOL Highest compensated employee, 40.00 hrs/week | $183,634 | $0 | $57,297 | $240,931 |
| HEAD OF SCHOOL (START 7/1/2024) Officer, 40.00 hrs/week | $214,100 | $0 | $6,818 | $220,918 |
| MIDDLE SCHOOL DIRECTOR Highest compensated employee, 40.00 hrs/week | $146,598 | $0 | $70,849 | $217,447 |
| IT DIRECTOR Highest compensated employee, 40.00 hrs/week | $177,357 | $0 | $22,187 | $199,544 |
| LOWER SCHOOL DIRECTOR Highest compensated employee, 40.00 hrs/week | $168,383 | $0 | $24,508 | $192,891 |
| DIRECTOR OF ENROLLMENT AND Highest compensated employee, 40.00 hrs/week | $152,668 | $0 | $27,290 | $179,958 |
41 people received more than $100,000 in reportable compensation from The Pegasus School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $789K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b18 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- 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 5173
- Volunteers Part I, line 670
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| COMMERCIAL BUILDERS INC General contractor - construction | $434,476 |
| JFK TRANSPORTATION CO Bus transportation | $238,907 |
| FUENTES MAINTENANCE LLC Custodial services | $175,154 |
| THE RESORT AT PELICAN HILL Facilities for golf tournament | $146,106 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to The Pegasus School totaling $304K 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 The Pegasus 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 The Pegasus School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Pegasus School spent in FY2025, $79.24 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Ernst & Young FoundationNew York, NY · revenue $22M · programs 99.7% · FY2025
- New Paradigm for EducationDetroit, MI · revenue $22M · programs 77.2% · FY2025
- Fayetteville Area Health Education FoundationFayetteville, NC · revenue $22M · programs 91.3% · FY2025
- Early Learning Coalition of Marion CountyOcala, FL · revenue $22M · programs 95.6% · FY2025
- Sicangu Oyate HoSaint Francis, SD · revenue $22M · programs 87.0% · FY2025
Questions people ask
How much of The Pegasus School's spending goes to programs?
In the fiscal year ending June 30, 2025, The Pegasus School reported that 79.2% of its $21.6 million in expenses went to program services, 17.6% to management and general and 3.1% to fundraising (Form 990, Part IX).
How much does The Pegasus School pay its top executive?
The largest total compensation The Pegasus School reported for one person in the fiscal year ending June 30, 2025 was $362,562, for the role of CFO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Pegasus School get its money?
Of $22.2 million in revenue in the fiscal year ending June 30, 2025, 8.4% came from contributions and grants and 89.1% from program service revenue (Form 990, Part VIII).
Is The Pegasus School a registered charity?
The IRS lists EIN 33-0162184 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 202631329349303313 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349308886 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431299349301598 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202322419349301132 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231339349310663 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101329349304490 · read the filing
All filings for EIN 33-0162184: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.