Nonprofit · EIN 88-2668962
ICON PREPARATORY SCHOOL CLEVELAND
Tax-exempt · CLEVELAND, OH 44135
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,481,113 | $2,428,713 | $52,400 | $195,240 | $1,094,267 | -$899,027 |
| June 30, 2024 | 990 | $725,756 | $884,127 | -$158,371 | $195,412 | $1,146,839 | -$951,427 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $295,903
- of which government grants
- $260,911
- Program service revenue
- $2,185,210
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,301,196
- Salaries, compensation and benefits (total)
- $1,405,291
- Professional fundraising fees
- $0
- Occupancy
- $263,447
- Travel
- $12,843
- Depreciation
- $13,217
- Program services (functional)
- $2,076,138
- Management and general (functional)
- $352,575
Balance sheet and other
- Total assets, start of year
- $195,412
- Total assets, end of year
- $195,240
- Total liabilities, end of year
- $1,094,267
- Net assets, end of year
- -$899,027
- Land, buildings and equipment
- $105,140
- Net assets without donor restrictions
- -$899,027
- Gross receipts
- $2,481,113
- Employees
- 12
- Volunteers
- 10
- Year formed
- 2018
- State of legal domicile
- FL
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 |
|---|---|---|---|
| DWAYNE RAIFORD | PRESIDENT Trustee or director | 5 | $0 |
| NADINE HOLLAND | SECRETARY Trustee or director | 5 | $0 |
| JONATHAN SANDERS | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DWAYNE RAIFORD | PRESIDENT Trustee or director, Key employee | 5 | $0 |
| NADINE HOLLAND | SECRETARY Trustee or director, Key employee | 5 | $0 |
| ADAM BAILEY | DIRECTOR Trustee or director, Key employee | 5 | $0 |
| JONATHAN SANDERS | DIRECTOR Trustee or director, Key employee | 5 | $0 |
| LINTON WESTBROOK | DIRECTOR Trustee or director, Key employee | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 15204 PURITAS AVE, CLEVELAND, OH 44135-2716
- Principal officer (990 for 2024)
- DWAYNE RAIFORD, 1906 N ROME AVE, TAMPA, FL 33607
- Signed the 990
- DWAYNE RAIFORD, PRESIDENT
- Phone
- (904) 552-1005
- Website
- http://www.iconprep.org
- Return prepared by
- ROBERT I WALKER CPA
Mission
TO PROVIDE A COMPREHENSIVE COLLEGE PREPARATORY EDUCATION AND CHARACTER DEVELOPMENT TO STUDENTS THAT LEADS TO THEIR SUCCESS IN COLLEGE AND LIFE.
Program accomplishments
- TO PROVIDE A COMPREHENSIVE COLLEGE PREPARATORY EDUCATION AND CHARACTER DEVELOPMENT TO STUDENTS THAT LEADS TO THEIR SUCCESS IN COLLEGE AND LIFE.Expenses $2,076,138 · revenue $2,481,113
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
- 88-2668962
- 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)
- $195,240
- Income (IRS master file)
- $2,481,113
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,481,113 | $2,428,713 | $195,240 | XML |
| 990 | June 2024 | $725,756 | $884,127 | $195,412 | XML |
| 990-EZ | June 2023 | – | – | – | 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 88-2668962).
Questions about ICON PREPARATORY SCHOOL CLEVELAND
- What is the EIN of ICON PREPARATORY SCHOOL CLEVELAND?
- The employer identification number (EIN) of ICON PREPARATORY SCHOOL CLEVELAND is 88-2668962.
- Is ICON PREPARATORY SCHOOL CLEVELAND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to ICON PREPARATORY SCHOOL CLEVELAND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ICON PREPARATORY SCHOOL CLEVELAND 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 ICON PREPARATORY SCHOOL CLEVELAND 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 ICON PREPARATORY SCHOOL CLEVELAND 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 ICON PREPARATORY SCHOOL CLEVELAND?
- The 990 for the year ended June 30, 2025 names DWAYNE RAIFORD.
- Who are the officers and directors of ICON PREPARATORY SCHOOL CLEVELAND?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does ICON PREPARATORY SCHOOL CLEVELAND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,481,113, expenses of $2,428,713 and total assets of $195,240 at year end.
Other nonprofits in CLEVELAND
- CASE WESTERN RESERVE UNIVERSITY EIN 34-1018992 · last filed 990 for 2025
- CLEVELAND INSTITUTE OF ART EIN 34-0714334 · last filed 990 for 2025
- IMAGINE SCHOOLS INC EIN 04-3466383 · last filed 990 for 2025
- COLLEGE NOW GREATER CLEVELAND INC EIN 34-6580096 · last filed 990 for 2025
- CLEVELAND INSTITUTE OF MUSIC EIN 34-0714600 · last filed 990 for 2025
- EUCLID AVENUE DEVELOPMENT CORPORATION EIN 20-1286318 · last filed 990 for 2025
- CLEVELAND STATE UNIVERSITY FOUNDATION EIN 34-1316665 · last filed 990 for 2025
- CHILD CARE RESOURCE CENTER OF CUYAHOGA COUNTY EIN 34-1650004 · last filed 990 for 2024