Nonprofit · EIN 52-0903685
WORCESTER PREPARATORY SCHOOL INC
Tax-exempt · BERLIN, MD 21811
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $9,396,151 | $8,732,491 | $663,660 | $19,871,343 | $1,252,359 | $18,618,984 |
| June 30, 2023 | 990 | $9,264,856 | $8,434,641 | $830,215 | $18,834,154 | $1,141,762 | $17,692,392 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $172,118
- Program service revenue
- $8,304,938
- Investment income
- $773,319
- Net gain from sales of assets
- $31,180
- Net income from fundraising events
- $145,776
- Other revenue
- $145,776
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $4,842,521
- Salaries, compensation and benefits (total)
- $5,409,928
- Professional fundraising fees
- $0
- Accounting fees
- $12,500
- Travel
- $24,804
- Depreciation
- $338,396
- Program services (functional)
- $5,998,178
- Management and general (functional)
- $2,550,274
- Fundraising (functional)
- $184,039
Balance sheet and other
- Total assets, start of year
- $18,834,154
- Total assets, end of year
- $19,871,343
- Total liabilities, end of year
- $1,252,359
- Net assets, end of year
- $18,618,984
- Land, buildings and equipment
- $4,669,770
- Net assets without donor restrictions
- $17,812,580
- Net assets with donor restrictions
- $806,404
- Gross receipts
- $9,462,981
- Employees
- 167
- Year formed
- 1969
- State of legal domicile
- MD
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOHN MCDONALD | HEADMASTER Highest-paid employee | 45 | $175,000 |
| SANDY COOPER | BUSINESS MAN Trustee or director | 40 | $71,000 |
| ANN BATEMAN | TRUSTEE Trustee or director | – | $0 |
| TODD BURBAGE | TRUSTEE Trustee or director | – | $0 |
| MATTHEW GIARDINA | TRUSTEE Trustee or director | – | $0 |
| J STEVEN GREEN | TRUSTEE Trustee or director | – | $0 |
| REESE CROPPER III | TRUSTEE Trustee or director | – | $0 |
| WILLIAM E ESHAM III | TRUSTEE & AS Trustee or director, Officer | – | $0 |
| CHARLES R JENKINS | PRESIDENT Trustee or director, Officer | – | $0 |
| WILLIAM E ESHAM JR | SECRETARY/TR Trustee or director, Officer | – | $0 |
| STEPHEN T LEWIS | TRUSTEE Trustee or director | – | $0 |
| KATHY MARSHALL | TRUSTEE Trustee or director | – | $0 |
| NICOLE S MILLER | TRUSTEE Trustee or director | – | $0 |
| S ALEXANDER MOORE | TRUSTEE Trustee or director | – | $0 |
| CHARLES NICHOLS | TRUSTEE & AS Trustee or director, Officer | – | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MITCHELL M PARKER | TRUSTEE Trustee or director | – | $0 |
| G TROY PURNELL | TRUSTEE Trustee or director | – | $0 |
| GEORGE A PURNELL | TRUSTEE Trustee or director | – | $0 |
| MITCHELL TRUIT | TRUSTEE Trustee or director | – | $0 |
| EMILY W TUNIS | TRUSTEE Trustee or director | – | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOHN MCDONALD | HEADMASTER Highest-paid employee | 45 | $172,500 |
| SANDY COOPER | BUSINESS MAN Trustee or director | 40 | $150,500 |
| ANN BATEMAN | TRUSTEE Trustee or director | – | $0 |
| TODD BURBAGE | TRUSTEE Trustee or director | – | $0 |
| CATHY DAVIES-HARMON | TRUSTEE Trustee or director | – | $0 |
| J STEVEN GREEN | TRUSTEE Trustee or director | – | $0 |
| STEPHEN HAMMOND | TRUSTEE Trustee or director | – | $0 |
| REESE CROPPER III | TRUSTEE Trustee or director | – | $0 |
| WILLIAM E ESHAM III | TRUSTEE & AS Trustee or director, Officer | – | $0 |
| CHARLES R JENKINS | PRESIDENT Trustee or director, Officer | – | $0 |
| LAURA JENKINS | TRUSTEE Trustee or director | – | $0 |
| WILLIAM E ESHAM JR | SECRETARY/TR Trustee or director, Officer | – | $0 |
| LLOYD LEWIS | TRUSTEE Trustee or director | – | $0 |
| KATHY MARSHALL | TRUSTEE Trustee or director | – | $0 |
| S ALEXANDER MOORE | TRUSTEE Trustee or director | – | $0 |
| CHARLES NICHOLS | TRUSTEE & AS Trustee or director, Officer | – | $0 |
| MITCHELL M PARKER | TRUSTEE Trustee or director | – | $0 |
| G TROY PURNELL | TRUSTEE Trustee or director | – | $0 |
| GEORGE A PURNELL | TRUSTEE Trustee or director | – | $0 |
| MITCHELL TRUIT | TRUSTEE Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 508 S MAIN ST, BERLIN, MD 21811-1410
- Principal officer (990 for 2023)
- WILLIAM E ESHAM JR, P O BOX 77, BERLIN, MD 21811
- Signed the 990
- WILLIAM E ESHAM JR, SECRETARY/TREASURER
- Phone
- (410) 641-3575
- Website
- WWW.WORCESTERPREP.ORG
- Return prepared by
- FAW CASSON & CO LLP
Mission
TO PROVIDE EDUCATION
Program accomplishments
- OPERATION OF EDUCATION FACILITY - 550 STUDENTS, APPROXIMATELY 42 FULL-TIME TEACHERS AND 25 ADMINISTRATORS AND STAFF. AWARDS OF EXCELLENCE PROVIDED TO STUDENTS OF PARTICULAR MERIT.Expenses $5,998,178 · revenue $8,304,415
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 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-0903685
- 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
- 1970
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24Z)
- Assets (IRS master file)
- $19,871,343
- Income (IRS master file)
- $9,462,981
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $9,396,151 | $8,732,491 | $19,871,343 | IRS |
| 990 | June 2023 | $9,264,856 | $8,434,641 | $18,834,154 | XML |
| 990 | June 2022 | $7,943,291 | $7,314,817 | $17,480,542 | IRS |
| 990 | June 2021 | – | – | – | 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 52-0903685).
Questions about WORCESTER PREPARATORY SCHOOL INC
- What is the EIN of WORCESTER PREPARATORY SCHOOL INC?
- The employer identification number (EIN) of WORCESTER PREPARATORY SCHOOL INC is 52-0903685.
- Is WORCESTER PREPARATORY SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to WORCESTER PREPARATORY SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WORCESTER PREPARATORY SCHOOL INC 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 WORCESTER PREPARATORY SCHOOL INC 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 WORCESTER PREPARATORY SCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of WORCESTER PREPARATORY SCHOOL INC?
- The 990 for the year ended June 30, 2024 names WILLIAM E ESHAM JR.
- Who are the officers and directors of WORCESTER PREPARATORY SCHOOL INC?
- The 990 for the year ended June 30, 2024 lists 20 people; 2 received compensation from the organization, the highest $175,000 (DR JOHN MCDONALD, HEADMASTER).
- How much revenue does WORCESTER PREPARATORY SCHOOL INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $9,396,151, expenses of $8,732,491 and total assets of $19,871,343 at year end.
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