Nonprofit · EIN 57-0886152
COLLETON PREPARATORY ACADEMY INC
Tax-exempt · WALTERBORO, SC 29488
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,556,517 | $3,572,853 | -$16,336 | $2,034,248 | $1,404,739 | $629,509 |
| June 30, 2024 | 990 | $4,215,353 | $3,203,882 | $1,011,471 | $2,181,845 | $1,536,000 | $645,845 |
| June 30, 2023 | 990 | $3,029,779 | $3,251,923 | -$222,144 | $1,129,161 | $1,494,787 | -$365,626 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $35,392
- Program service revenue
- $3,471,841
- Investment income
- $49,284
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,386,007
- Salaries, compensation and benefits (total)
- $2,628,093
- Professional fundraising fees
- $0
- Accounting fees
- $47,777
- Occupancy
- $441,926
- Depreciation
- $23,861
- Program services (functional)
- $2,972,856
- Management and general (functional)
- $599,997
Balance sheet and other
- Total assets, start of year
- $2,181,845
- Total assets, end of year
- $2,034,248
- Total liabilities, end of year
- $1,404,739
- Net assets, end of year
- $629,509
- Land, buildings and equipment
- $370,237
- Gross receipts
- $3,556,517
- Employees
- 111
- Volunteers
- 250
- Year formed
- 1991
- State of legal domicile
- SC
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATH GRIFFITH | DIRECTOR Trustee or director | 2 | $0 |
| RICHARD BRELAND | DIRECTOR Trustee or director | 2 | $0 |
| TIMMY BENTON | DIRECTOR Trustee or director, Officer | 3 | $0 |
| ROGER ODUM | DIRECTOR Trustee or director | 2 | $0 |
| CHARLES A SPEARS | DIRECTOR Trustee or director | 2 | $0 |
| MARIE HOWELL | DIRECTOR Trustee or director, Officer | 3 | $0 |
| CHAD ARANEO | DIRECTOR Trustee or director, Officer | 3 | $0 |
| TOMMY MURRAY | DIRECTOR Trustee or director | 2 | $0 |
| JOSH WHITE | DIRECTOR Trustee or director | 2 | $0 |
| EVERETTE BOOTLE | DIRECTOR Trustee or director | 2 | $0 |
| TOMMY CARROLL | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EVERETTE BOOTLE | DIRECTOR Trustee or director | 2 | $0 |
| JOSH WHITE | DIRECTOR Trustee or director | 2 | $0 |
| TOMMY MURRAY | DIRECTOR Trustee or director | 2 | $0 |
| ROGER ODUM | DIRECTOR Trustee or director | 2 | $0 |
| RICHARD BRELAND | DIRECTOR Trustee or director | 2 | $0 |
| HEATH GRIFFITH | DIRECTOR Trustee or director | 2 | $0 |
| TIMMY BENTON | DIRECTOR Trustee or director | 2 | $0 |
| TOMMY CARROLL | DIRECTOR Trustee or director, Officer | 3 | $0 |
| CHARLES A SPEARS | DIRECTOR Trustee or director, Officer | 3 | $0 |
| MARIE HOWELL | DIRECTOR Trustee or director, Officer | 3 | $0 |
| CHAD ARANEO | DIRECTOR Trustee or director, Officer | 3 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBIN CROSBY | DIRECTOR Trustee or director | 2 | $0 |
| CHARLES A SPEARS | DIRECTOR Trustee or director | 2 | $0 |
| ROGER ODUM | DIRECTOR Trustee or director | 2 | $0 |
| CHAD ARANEO | DIRECTOR Trustee or director | 2 | $0 |
| MARIE HOWELL | DIRECTOR Trustee or director | 2 | $0 |
| LORI BELL | DIRECTOR Trustee or director | 2 | $0 |
| TIMMY BENTON | DIRECTOR Trustee or director | 2 | $0 |
| WESLEY JONES | DIRECTOR Trustee or director | 2 | $0 |
| EVERETTE BOOTLE | DIRECTOR Trustee or director | 2 | $0 |
| HEATH GRIFFITH | CHAIRMAN Trustee or director | 3 | $0 |
| JOSH WHITE | SECRETARY Trustee or director, Officer | 2 | $0 |
| RICHARD BRELAND | DIRECTOR Trustee or director, Officer | 2 | $0 |
| TOMMY CARROLL | VICE-CHAIRMAN Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 165 ACADEMY RD, WALTERBORO, SC 29488-8252
- In care of
- % JILL B BURTTRAM
- Signed the 990
- JILL B BURTTRAM, HEAD OF SCHOOL
- Phone
- (843) 538-8959
- Website
- WWW.COLLETONPREP.ORG
- Return prepared by
- Wallings Accounting & Tax Service
Mission
THE ACADEMY ENABLES STUDENTS IN GRADES K4-12(0-3 YRS OLD HAVE ALSO BEEN ADDED) TO OBTAIN A QUALITY EDUCATION. STUDENTS BENEFIT FROM SMALL CLASS SIZES AND HAVE THE ABILITY TO PARTICIPATE IN A VARIETY OF CLUBS AND ACTIVITIES. THERE WERE 550 STUDENTS THIS YEAR.
Program accomplishments
- THE ACADEMY ENABLED 550 STUDENTS IN GRADES K4-12 (0-3 YEARS OLD HAVE BEEN ADDED) TO OBTAIN A QUALITY EDUCATION. STUDENTS BENEFIT FROM SMALL CLASS SIZE AND HAVE THE ABILITY TO PARTICIPATE IN A VARIETY OF CLUBS AND ACTIVITES.Expenses $2,972,856
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 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 57-0886152
- 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
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24Z)
- Assets (IRS master file)
- $2,034,248
- Income (IRS master file)
- $3,556,517
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,556,517 | $3,572,853 | $2,034,248 | IRS |
| 990 | June 2024 | $4,215,353 | $3,203,882 | $2,181,845 | IRS |
| 990 | June 2023 | $3,029,779 | $3,251,923 | $1,129,161 | XML |
| 990 | June 2022 | $2,813,823 | $2,670,701 | $3,363,120 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 57-0886152).
Questions about COLLETON PREPARATORY ACADEMY INC
- What is the EIN of COLLETON PREPARATORY ACADEMY INC?
- The employer identification number (EIN) of COLLETON PREPARATORY ACADEMY INC is 57-0886152.
- Is COLLETON PREPARATORY ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to COLLETON PREPARATORY ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLLETON PREPARATORY ACADEMY 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 COLLETON PREPARATORY ACADEMY 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 COLLETON PREPARATORY ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of COLLETON PREPARATORY ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does COLLETON PREPARATORY ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,556,517, expenses of $3,572,853 and total assets of $2,034,248 at year end.
Other nonprofits in WALTERBORO
- SCAGO EDUCATIONAL FACILITIES CORPORATION FOR COLLETON SCHOOL DI EIN 14-1984337 · last filed 990 for 2025
- NORTH WALTERBORO CHRISTIAN ACADEMY EIN 92-2530075 · last filed 990 for 2024
- COLLETON TRAINING COLLETON HIGH SCHOOL ALUMNI ASSOCIATION INC EIN 33-1046823 · last filed 990-N for 2024
- SOUTH CAROLINA STATE UNIVERSITY COLLETON COUNTY CHAPTER EIN 47-3127874 · last filed 990-N for 2023
- IRENE HUGINE EDUCATION FOUNDATION EIN 39-3582800 · last filed 990-N for 2025
- GOLDEN EXTENSION EIN 57-0916470 · last filed 990-EZ for 2026
- FRIENDS OF THE COLLETON COUNTY MEMORIAL LIBRARY EIN 57-1037500 · last filed 990-N for 2024
- LOWCOUNTRY LADIES OF SOUTH CAROLINA EIN 32-0196978 · last filed 990-N for 2025