Charity Impact Media

Home › Education

Girls Preparatory School

Chattanooga, TN · EIN 62-0475682 · 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

Girls Preparatory School reported $41.1 million in revenue and $24.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $71.90 went to program services, $21.51 to management and general costs and $6.59 to fundraising. Its largest source of revenue was contributions and grants: 50.2% of the total. The highest compensation it reported for one person was $455,545 (HEAD OF SCHOOL). 6 people received more than $100,000 in reportable compensation. Revenue rose 110% 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 $24M

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 $41M

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)
71.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
21.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
6.6%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
50.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
44.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$455,545$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.88%1.28%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
37.813.3
Independent voting board members
Part VI 1a–1b
24 of 24100.0%

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
$17M expenses · 100.0% of program spending · grants $4.0M · revenue $18M

Girls Preparatory School (gps) is an independent college Preparatory School for grades six through twelve where approximately 40% of students received financial assistance. Gps inspires each girl to lead a life of integrity and purpose by engaging her mind,cultivating her strenghths, and nurturing her self-confidence and respect for others. It does so by focusing on its values of honor, respect, curiosity, individuality, and relationships. In fiscalyear 2025, gps graduated 72 students

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 SCHOOL
Officer, 65.00 hrs/week
$401,556$0$53,989$455,545
CFO/COO
Officer, 48.00 hrs/week
$237,664$0$17,090$254,754
CHIEF ADVANCEMENT OFFICER
Highest compensated employee, 48.00 hrs/week
$184,336$0$27,246$211,582
HEAD OF UPPER SCHOOL
Highest compensated employee, 48.00 hrs/week
$154,709$0$7,153$161,862
DIR OF COLLEGE COUNSELING
Highest compensated employee, 40.00 hrs/week
$110,033$0$20,889$130,922
HEAD OF MIDDLE SCHOOL
Highest compensated employee, 48.00 hrs/week
$107,998$0$19,156$127,154

6 people received more than $100,000 in reportable compensation from Girls Preparatory School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$41M$24M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$41M$24M71.9%$76M$455,545
FY2024 ⓘ$32M$23M73.0%$58M$421,790
FY2023 ⓘ$24M$22M72.4%$47M$361,173
FY2022 ⓘ$21M$21M73.2%$43M$195,836
FY2021 ⓘ$23M$20M73.6%$52M$186,136
FY2020 ⓘ$20M$20M73.2%$40M$410,076

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–1b24 · 24 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 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • 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 14bYes
  • Employees Part I, line 5368
  • Volunteers Part I, line 6275

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SAGE DINING SERVICES INC
Food service
$832,733
BASELINE SPORTS CONSTRUCTION LLC
Construction
$473,678
BEYNON SPORTS SURFACES INC
Construction
$425,285
ACADEMY TRAVEL INC
Student travel
$264,783
HORD COPLAN MACHT INC
Architecture design and planning
$208,746

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Private foundation grants it received

20 private foundations reported grants to Girls Preparatory School totaling $379K 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 Girls 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 Girls 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 Tennessee

Questions people ask

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

In the fiscal year ending June 30, 2025, Girls Preparatory School reported that 71.9% of its $24.2 million in expenses went to program services, 21.5% to management and general and 6.6% to fundraising (Form 990, Part IX).

How much does Girls Preparatory School pay its top executive?

The largest total compensation Girls Preparatory School reported for one person in the fiscal year ending June 30, 2025 was $455,545, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Girls Preparatory School get its money?

Of $41.1 million in revenue in the fiscal year ending June 30, 2025, 50.2% came from contributions and grants and 44.5% from program service revenue (Form 990, Part VIII).

Is Girls Preparatory School a registered charity?

The IRS lists EIN 62-0475682 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 202542939349300899 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443109349303499 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303119349302920 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202243159349305414 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202123199349307867 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202033219349302238 · read the filing

All filings for EIN 62-0475682: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.