Nonprofit · EIN 86-1903064
INNOVA PREPARATORY SCHOOL
Tax-exempt · HATTIESBURG, MS 39401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,035,105 | $1,094,799 | -$59,694 | $194,481 | $44,346 | $150,135 |
| December 31, 2024 | 990 | $1,001,047 | $965,135 | $35,912 | $230,851 | $0 | $230,851 |
| December 31, 2023 | 990 | $790,786 | $801,045 | -$10,259 | $234,939 | $0 | $234,939 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $16,799
- Program service revenue
- $1,018,188
- Investment income
- $118
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $99,048
- Other salaries and wages
- $505,131
- Salaries, compensation and benefits (total)
- $724,517
- Professional fundraising fees
- $1,265
- Legal fees
- $18,329
- Occupancy
- $135,095
- Travel
- $10,093
- Depreciation
- $18,468
- Program services (functional)
- $1,007,079
- Management and general (functional)
- $86,455
- Fundraising (functional)
- $1,265
Balance sheet and other
- Total assets, start of year
- $230,851
- Total assets, end of year
- $194,481
- Total liabilities, end of year
- $44,346
- Net assets, end of year
- $150,135
- Land, buildings and equipment
- $136,751
- Net assets without donor restrictions
- $150,135
- Gross receipts
- $1,035,105
- Employees
- 22
- Year formed
- 2021
- State of legal domicile
- MS
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR ZACH MURPHY | President Trustee or director, Officer | 40 | $0 |
| BRIDGETTE LEE | Vice President Trustee or director | 0 | $0 |
| SARON HENDERSON | Secretary Trustee or director | 0 | $0 |
| JARROD GANT | CHAIR & TREAS. Trustee or director | 0 | $0 |
| JULIE EMFINGER | MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR ZACH MURPHY | PRESIDENT Trustee or director, Officer | 40 | $101,969 |
| BRIDGETTE LEE | VICE PRESIDENT Trustee or director | 0 | $0 |
| SARON HENDERSON | SECRETARY Trustee or director | 0 | $0 |
| JOSHUA WILSON | CHAIR & TREASURER Trustee or director | 0 | $0 |
| JULIE EMFINGER | MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN E FARRELL STEVEN FARRELL MD | PRESIDENT Trustee or director, Officer | 0 | $0 |
| WENDY FARRELL | VICE PRESIDENT Trustee or director | 0 | $0 |
| AMANDA LITTLEJOHN | SECRETARY Trustee or director | 0 | $0 |
| ANDREW KHANDJIAN | DIRECTOR Trustee or director | 0 | $0 |
| JENNY GREEN | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 BROADWAY DR STE 46, HATTIESBURG, MS 39401-7572
- Principal officer (990 for 2025)
- DR ZACH MURPHY, 125 EVERGREEN CHURCH RD, SEMINARY, MS 39479
- Signed the 990
- ZACHARY MURPHY, Executive Director
- Phone
- (601) 909-6605
- Website
- HTTPS://INNOVAPREP.ORG/
- Return prepared by
- Topp McWhorter Harvey PLLC
Mission
TO PROVIDE A SAFE, NURTURING CO-EDUCATIONAL LEARNING ENVIRONMENT THAT BALANCES GIFTED EDUCATION WHILE INTEGRATING SOCIAL, EMOTIONAL, AND BEHAVIORAL SUPPORT FOR UPPER ELEMENTARY, MIDDLE OR HIGH SCHOOL STUDENTS WHO MAY NOT FULLY EXPRESS PERSONAL GIFTS AND TALENTS BECAUSE OF A SPECIFIC LEARNING DISABILITY OR RELATED HEALTH IMPAIRMENT.
Program accomplishments
- TO PROVIDE A SAFE, NURTURING CO-EDUCATIONAL LEARNING ENVIRONMENT THAT BALANCES GIFTED EDUCATION WHILE INTEGRATING SOCIAL, EMOTIONAL, AND BEHAVIORAL SUPPORT FOR UPPER ELEMENTARY, MIDDLE OR HIGH SCHOOL STUDENTS WHO MAY NOT FULLY EXPRESS PERSONAL GIFTS AND TALENTS BECAUSE OF A SPECIFIC LEARNING DISABILITY OR RELATED HEALTH IMPAIRMENT.Expenses $1,007,079 · revenue $1,019,016
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1903064
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $194,481
- Income (IRS master file)
- $1,035,105
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,035,105 | $1,094,799 | $194,481 | IRS |
| 990 | December 2024 | $1,001,047 | $965,135 | $230,851 | IRS |
| 990 | December 2023 | $790,786 | $801,045 | $234,939 | XML |
| 990 | December 2022 | $925,776 | $922,171 | $245,197 | IRS |
| 990 | December 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 86-1903064).
Questions about INNOVA PREPARATORY SCHOOL
- What is the EIN of INNOVA PREPARATORY SCHOOL?
- The employer identification number (EIN) of INNOVA PREPARATORY SCHOOL is 86-1903064.
- Is INNOVA PREPARATORY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to INNOVA PREPARATORY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INNOVA PREPARATORY SCHOOL 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 INNOVA PREPARATORY SCHOOL due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INNOVA PREPARATORY SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INNOVA PREPARATORY SCHOOL?
- The 990 for the year ended December 31, 2025 names DR ZACH MURPHY.
- Who are the officers and directors of INNOVA PREPARATORY SCHOOL?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does INNOVA PREPARATORY SCHOOL have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,035,105, expenses of $1,094,799 and total assets of $194,481 at year end.
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