Santa Fe Preparatory School
Santa Fe Preparatory School reported $21.8 million in revenue and $34.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.02 went to program services, $7.77 to management and general costs and $1.21 to fundraising. Its largest source of revenue was contributions and grants: 44.8% of the total. The highest compensation it reported for one person was $351,231 (HEAD OF SCHO). 6 people received more than $100,000 in reportable compensation. Revenue rose 47% 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 $35MFor 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 $22MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 44.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 38.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $351,231 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.02% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 6 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 10.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 17 of 17 | 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 expenseThe 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
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…
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 |
|---|---|---|---|---|
| HEAD OF SCHO Officer, 40.00 hrs/week | $336,784 | $0 | $14,447 | $351,231 |
| CFO Officer, 40.00 hrs/week | $144,079 | $0 | $9,915 | $153,994 |
| ASST. HEAD O Highest compensated employee, 40.00 hrs/week | $131,482 | $0 | $14,046 | $145,528 |
| DIRECTOR OF Highest compensated employee, 40.00 hrs/week | $131,111 | $0 | $14,046 | $145,157 |
| ADVANCEMENT Highest compensated employee, 40.00 hrs/week | $125,515 | $0 | $3,861 | $129,376 |
| DAVIS SCHOL. Highest compensated employee, 40.00 hrs/week | $101,227 | $0 | $0 | $101,227 |
6 people received more than $100,000 in reportable compensation from Santa Fe Preparatory School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $504K (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–1b17 · 17 independent
- Audited financial statements Part XII 2bNo
- 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 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 5155
- Volunteers Part I, line 6100
Private foundation grants it received
8 private foundations reported grants to Santa Fe Preparatory School totaling $8.6M 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 Santa Fe 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 Santa Fe Preparatory School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Santa Fe Preparatory School spent in FY2025, $91.02 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Equality Charter SchoolBronx, NY · revenue $22M · programs 87.1% · FY2025
- Webb InstituteGlen Cove, NY · revenue $22M · programs 80.5% · FY2025
- Lakes International Language AcademyForest Lake, MN · revenue $22M · programs 91.6% · FY2025
- The Maya Angelou Public Charter SchoolWashington, DC · revenue $22M · programs 91.5% · FY2025
- Westlake Charter SchoolSacramento, CA · revenue $22M · programs 80.8% · FY2025
Questions people ask
How much of Santa Fe Preparatory School's spending goes to programs?
In the fiscal year ending June 30, 2025, Santa Fe Preparatory School reported that 91.0% of its $34.5 million in expenses went to program services, 7.8% to management and general and 1.2% to fundraising (Form 990, Part IX).
How much does Santa Fe Preparatory School pay its top executive?
The largest total compensation Santa Fe Preparatory School reported for one person in the fiscal year ending June 30, 2025 was $351,231, for the role of HEAD OF SCHO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Santa Fe Preparatory School get its money?
Of $21.8 million in revenue in the fiscal year ending June 30, 2025, 44.8% came from contributions and grants and 38.9% from program service revenue (Form 990, Part VIII).
Is Santa Fe Preparatory School a registered charity?
The IRS lists EIN 85-0165745 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 202631349349308888 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349311848 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349316235 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349310264 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211319349304091 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349305943 · read the filing
All filings for EIN 85-0165745: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.