Nonprofit · EIN 86-3696173
GEM PREP TWIN FALLS LLC
Also known as BARBARA A FEMREITE SOLE MBR
Tax-exempt · DEARY, ID 83823
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,269,312 | $3,323,320 | -$54,008 | $15,936,470 | $16,085,088 | -$148,618 |
| June 30, 2024 | 990 | $2,333,312 | $2,509,040 | -$175,728 | $13,487,833 | $13,582,443 | -$94,610 |
| June 30, 2023 | 990 (amended) | $784,962 | $717,318 | $67,644 | $9,845,870 | $9,777,837 | $68,033 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,101,624
- of which government grants
- $2,851,624
- Program service revenue
- $107,175
- Investment income
- $60,513
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,404,263
- Salaries, compensation and benefits (total)
- $1,783,273
- Professional fundraising fees
- $0
- Depreciation
- $133,391
- Program services (functional)
- $1,721,689
- Management and general (functional)
- $1,601,631
Balance sheet and other
- Total assets, start of year
- $13,487,833
- Total assets, end of year
- $15,936,470
- Total liabilities, end of year
- $16,085,088
- Net assets, end of year
- -$148,618
- Land, buildings and equipment
- $14,346,986
- Net assets without donor restrictions
- -$156,275
- Net assets with donor restrictions
- $7,657
- Gross receipts
- $3,269,312
- Employees
- 40
- Year formed
- 2022
- State of legal domicile
- ID
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 | From related orgs |
|---|---|---|---|---|
| JASON BRANSFORD | DIRECTOR | 5 | $0 | $186,509 |
| BRYAN FLETCHER | CFO | 5 | $0 | $135,230 |
| BARB FEMREITE | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| MASON HARPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DENNIS TURNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT LEE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DUNCAN ROBB | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| JASON BRANSFORD | DIRECTOR | 5 | $0 | $169,159 |
| BRYAN FLETCHER | CFO | 5 | $0 | $126,250 |
| BARB FEMREITE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MASON HARPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DENNIS TURNER | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT LEE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DUNCAN ROBB | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| JASON BRANSFORD | DIRECTOR | 5 | $0 | $160,409 |
| BRYAN FLETCHER | CFO | 5 | $0 | $121,500 |
| BARB FEMREITE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TERRY RYAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MASON HARPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DENNIS TURNER | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT LEE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DUNCAN ROBB | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 86, DEARY, ID 83823-0086
- Principal officer (990 for 2024)
- BARB FEMREITE, PO BOX 86, DEARY, ID 83823
- Signed the 990
- BARB FEMREITE, Chairman
- Phone
- (800) 871-5057
- Website
- WWW.GEMPREP.ORG
- Return prepared by
- Hayden Ross PLLC
Mission
PROVIDE RESOURCES AND SUPPORT TO PARENTS WHO HAVE ELECTED TO EDUCATE THEIR CHILDREN IN A PERSONALIZED, BLENDED LEARNING ENVIRONMENT.
Program accomplishments
- TO PREPARE STUDENTS FOR SUCCESS IN COLLEGE AND PROFESSIONAL TECHNICAL CAREERS BY PROVIDING A HIGH QUALITY, PERSONALIZED, RELEVANT, AND RIGOROUS EDUCATION THROUGH EXCEPTIONAL TEACHING, INNOVATIVE USES OF TECHNOLOGY, AND PARTNERSHIPS WITH FAMILIES.Expenses $1,721,689
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
- 86-3696173
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $15,936,470
- Income (IRS master file)
- $3,269,312
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,269,312 | $3,323,320 | $15,936,470 | XML |
| 990 | June 2024 | $2,333,312 | $2,509,040 | $13,487,833 | XML |
| 990 | June 2023 | $784,962 | $717,318 | $9,845,870 | XML |
| 990 | June 2022 | – | – | – | 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 86-3696173).
Questions about GEM PREP TWIN FALLS LLC
- What is the EIN of GEM PREP TWIN FALLS LLC?
- The employer identification number (EIN) of GEM PREP TWIN FALLS LLC is 86-3696173.
- Is GEM PREP TWIN FALLS LLC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to GEM PREP TWIN FALLS LLC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GEM PREP TWIN FALLS LLC 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 GEM PREP TWIN FALLS LLC 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 GEM PREP TWIN FALLS LLC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GEM PREP TWIN FALLS LLC?
- The 990 for the year ended June 30, 2025 names BARB FEMREITE.
- Who are the officers and directors of GEM PREP TWIN FALLS LLC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does GEM PREP TWIN FALLS LLC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,269,312, expenses of $3,323,320 and total assets of $15,936,470 at year end.
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