Nonprofit · EIN 95-2001588
VALLEY PREPARATORY SCHOOL
Tax-exempt · REDLANDS, CA 92373
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,583,993 | $2,572,058 | $11,935 | $2,740,210 | $392,600 | $2,347,610 |
| June 30, 2024 | 990 | $2,616,379 | $2,596,776 | $19,603 | $2,606,158 | $283,674 | $2,322,484 |
| June 30, 2023 | 990 | $2,829,119 | $2,356,184 | $472,935 | $2,548,036 | $353,680 | $2,194,356 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,385
- Program service revenue
- $2,326,870
- Investment income
- $211,592
- Net income from fundraising events
- $37,146
- Other revenue
- $37,146
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $113,300
- Other salaries and wages
- $1,675,256
- Salaries, compensation and benefits (total)
- $1,976,247
- Professional fundraising fees
- $0
- Legal fees
- $1,215
- Accounting fees
- $45,075
- Occupancy
- $150,172
- Depreciation
- $81,709
- Program services (functional)
- $1,656,195
- Management and general (functional)
- $915,863
Balance sheet and other
- Total assets, start of year
- $2,606,158
- Total assets, end of year
- $2,740,210
- Total liabilities, end of year
- $392,600
- Net assets, end of year
- $2,347,610
- Land, buildings and equipment
- $529,923
- Publicly traded securities
- $114,729
- Net assets without donor restrictions
- $2,329,083
- Net assets with donor restrictions
- $18,527
- Gross receipts
- $2,668,864
- Employees
- 50
- Volunteers
- 50
- Year formed
- 1957
- State of legal domicile
- CA
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 |
|---|---|---|---|
| DERRICK SCHUTZ | HEAD OF SCHOOL Officer | 40 | $107,231 |
| MARY JO HOLMES | President Trustee or director, Officer | 7 | $0 |
| POORNIMA SUITER | Trustee Trustee or director | 2 | $0 |
| BRENNA GIBBS | Vice President Trustee or director, Officer | 2 | $0 |
| RONNIE DAWOOD | Trustee Trustee or director | 2 | $0 |
| AUDREY ANDRADE | Secretary Trustee or director, Officer | 2 | $0 |
| MARC SHAW | Trustee Trustee or director | 2 | $0 |
| IRVING FELDKAMP | Trustee Trustee or director | 2 | $0 |
| ROBERT HORRIGAN | Treasurer Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DERRICK SCHUTZ | HEAD OF SCHOOL Officer | 40 | $97,924 |
| MARY JO HOLMES | President Trustee or director, Officer | 7 | $0 |
| DENISE BOURNE | Vice President Trustee or director, Officer | 2 | $0 |
| BRENNA GIBBS | Secretary Trustee or director, Officer | 2 | $0 |
| ARSHAD JIFFREY | Trustee Trustee or director | 2 | $0 |
| AUDREY ANDRADE | Trustee Trustee or director, Officer | 2 | $0 |
| AL DUERBIG | Trustee Trustee or director | 2 | $0 |
| GENEVIEVE ISIDRO | Trustee Trustee or director | 2 | $0 |
| IRVING FELDKAMP | Trustee Trustee or director | 2 | $0 |
| CHERYL FLYNN | Trustee Trustee or director | 2 | $0 |
| KATHY JIFFREY | Trustee Trustee or director | 2 | $0 |
| CAITLIN ARAKAWA | Trustee Trustee or director | 2 | $0 |
| ROBERT HORRIGAN | Treasurer Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN BLACK | HEAD OF SCHOOL Officer | 40 | $153,950 |
| MARY JO HOLMES | President Trustee or director, Officer | 7 | $0 |
| DENISE BOURNE | Vice President Trustee or director, Officer | 2 | $0 |
| BRENNA GIBBS | Secretary Trustee or director, Officer | 2 | $0 |
| ARSHAD JIFFREY | Trustee Trustee or director | 2 | $0 |
| SHAHEEN ZAKARIA | Trustee Trustee or director, Officer | 2 | $0 |
| ADRIAN STEVENS | Trustee Trustee or director | 2 | $0 |
| FARZAD FAROKI | Trustee Trustee or director | 2 | $0 |
| IRVING FELDKAMP | Trustee Trustee or director | 2 | $0 |
| CHERYL FLYNN | Trustee Trustee or director | 2 | $0 |
| KATHY JIFFREY | Trustee Trustee or director | 2 | $0 |
| ROBERT HORRIGAN | Treasurer Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1605 FORD ST, REDLANDS, CA 92373-7130
- In care of
- % JOHN BLACK
- Principal officer (990 for 2024)
- MARY JO HOLMES, 1605 FORD STREET, REDLANDS, CA 92373
- Signed the 990
- DERRICK SCHUTZ, HEAD OF SCHOOL
- Phone
- (909) 793-3063
- Return prepared by
- David Raff & Company
California records
California keeps its own records of charities and corporations. Search them by EIN 95-2001588 or by the name VALLEY PREPARATORY SCHOOL.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE MISSION OF VALLEY PREPARATORY SCHOOL IS TO INSPIRE EACH STUDENT TO REACH HIS/HER POTENTIAL THROUGH A STUDENT-CENTERED, ENRICHED COLLEGE PREPARATORY EDUCATIONAL PROGRAM FOR GRADES PRE-SCHOOL THROUGH EIGHT.
Program accomplishments
- PRIMARY EDUCATION FOR PRESCHOOL THROUGH EIGHTH GRADE. AVERAGE ENROLLMENT IS 141 STUDENTS.Expenses $1,656,195
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
- 95-2001588
- 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
- 1959
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24Z)
- Assets (IRS master file)
- $2,740,210
- Income (IRS master file)
- $2,668,864
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,583,993 | $2,572,058 | $2,740,210 | IRS |
| 990 | June 2024 | $2,616,379 | $2,596,776 | $2,606,158 | IRS |
| 990 | June 2023 | $2,829,119 | $2,356,184 | $2,548,036 | XML |
| 990 | June 2022 | $2,562,121 | $2,120,845 | $1,820,330 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 95-2001588).
Questions about VALLEY PREPARATORY SCHOOL
- What is the EIN of VALLEY PREPARATORY SCHOOL?
- The employer identification number (EIN) of VALLEY PREPARATORY SCHOOL is 95-2001588.
- Is VALLEY PREPARATORY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to VALLEY PREPARATORY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY 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 VALLEY PREPARATORY SCHOOL 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 VALLEY PREPARATORY SCHOOL 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 VALLEY PREPARATORY SCHOOL?
- The 990 for the year ended June 30, 2025 names MARY JO HOLMES.
- Who are the officers and directors of VALLEY PREPARATORY SCHOOL?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $107,231 (DERRICK SCHUTZ, HEAD OF SCHOOL).
- How much revenue does VALLEY PREPARATORY SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,583,993, expenses of $2,572,058 and total assets of $2,740,210 at year end.
Other nonprofits in REDLANDS
- UNIVERSITY OF REDLANDS EIN 95-1643389 · last filed 990 for 2025
- SAGE OAK CHARTER SCHOOL EIN 47-4121914 · last filed 990 for 2025
- GORMAN LEARNING CENTER INC EIN 94-3356128 · last filed 990 for 2025
- REDLANDS CHRISTIAN SCHOOL EIN 95-1831078 · last filed 990 for 2025
- COMMUNITY CHRISTIAN COLLEGE EIN 33-0620701 · last filed 990 for 2025
- MONTESSORI IN REDLANDS INC EIN 95-3036995 · last filed 990 for 2025
- THE GROVE SCHOOL EIN 33-0829596 · last filed 990 for 2025
- GROWING INLAND ACHIEVEMENT EIN 85-1010439 · last filed 990 for 2024