Totals
- Total revenue
- $11,015,323
- Total expenses
- $19,438,460
- Contributions and grants received
- $1,263,954
- Grants paid
- $7,647,613
- Program service revenue
- $8,033,190
- Investment income
- $1,711,700
- Other revenue
- $6,479
- Total assets, end of year
- $65,907,214
- Total liabilities, end of year
- $23,805,923
- Net assets or fund balances, end of year
- $42,101,291
- Program services expenses (Part IX)
- $16,563,188
- Management and general expenses
- $2,483,398
- Fundraising expenses
- $391,874
- Program service expenses (Part III)
- $16,563,188
Program services were 85.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,263,954
-
2a · Program service revenue: TUITION & FEES
total $7,734,692 · related or exempt $7,734,692
-
2b · Program service revenue: LUNCH REVENUE
total $298,498 · related or exempt $298,498
-
3 · Investment income
total $709,382 · excluded $709,382
-
5 · Royalties
total $243 · excluded $243
-
6a · Gross rents
real property $24,590
-
6c · Rental income or loss
real property $24,590
-
6d · Net rental income or loss
total $24,590 · excluded $24,590
-
7a · Gross sales of assets other than inventory
securities $1,098,319
-
7b · Less cost or other basis and sales expenses
securities $96,001
-
7c · Gain or loss
securities $1,002,318
-
7d · Net gain or loss
total $1,002,318 · excluded $1,002,318
-
8a · Fundraising events: gross income
$19,756
-
8b · Fundraising events: direct expenses
$244,878
-
8c · Net income from fundraising events
total -$225,122 · excluded -$225,122
-
11a · Other revenue: OTHER INCOME
total $206,768 · related or exempt $206,768
-
11e · Other revenue, total
$206,768
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $379,802 · program services $379,802
-
2 · Grants to domestic individuals
total $7,267,811 · program services $7,267,811
-
5 · Compensation of officers, directors and key employees
total $537,764 · program services $383,866 · management and general $133,501 · fundraising $20,397
-
7 · Other salaries and wages
total $5,794,451 · program services $4,141,486 · management and general $1,434,647 · fundraising $218,318
-
9 · Other employee benefits
total $1,723,642 · program services $1,218,347 · management and general $436,564 · fundraising $68,731
-
11f · Fees: investment management
total $51,783 · management and general $51,783
-
11g · Fees: other
total $293,023 · program services $207,181 · management and general $85,842
-
12 · Advertising and promotion
total $91,163 · program services $3,744 · management and general $86,513 · fundraising $906
-
13 · Office expenses
total $126,673 · program services $79,501 · management and general $9,328 · fundraising $37,844
-
14 · Information technology
total $62,346 · program services $44,629 · management and general $17,717
-
16 · Occupancy
total $190,935 · program services $134,985 · management and general $48,343 · fundraising $7,607
-
17 · Travel
total $302,287 · program services $302,037 · management and general $250
-
19 · Conferences, conventions and meetings
total $56,000 · program services $31,695 · management and general $11,260 · fundraising $13,045
-
22 · Depreciation, depletion and amortization
total $576,774 · program services $527,748 · management and general $43,258 · fundraising $5,768
-
23 · Insurance
total $296,249 · program services $209,440 · management and general $75,008 · fundraising $11,801
-
24a · Other expenses: BOOKS & MATERIALS
total $484,697 · program services $484,697
-
24b · Other expenses: DAVIS SCHOLARSHIP ADMIN
total $409,840 · program services $409,840
-
24c · Other expenses: FOOD SERVICES
total $335,497 · program services $335,497
-
24d · Other expenses: REPAIRS & MAINTENANCE
total $138,166 · program services $97,679 · management and general $34,983 · fundraising $5,504
-
24e · All other expenses
total $319,557 · program services $303,203 · management and general $14,401 · fundraising $1,953
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,525,726 · end of year $108,083
-
2 · Savings and temporary cash investments
end of year $14,407,592
-
3 · Pledges and grants receivable
beginning of year $33,887,735 · end of year $16,693,783
-
4 · Accounts receivable
beginning of year $415,709 · end of year $120,881
-
7 · Other notes and loans receivable
beginning of year $91,658 · end of year $86,364
-
9 · Prepaid expenses and deferred charges
beginning of year $197,646 · end of year -$33,295
-
10a · Land, buildings and equipment: cost or other basis
$18,564,095
-
10b · Land, buildings and equipment: accumulated depreciation
$10,720,097
-
10c · Land, buildings and equipment, net
beginning of year $8,005,113 · end of year $7,843,998
-
11 · Investments: publicly traded securities
beginning of year $22,088,426 · end of year $26,358,595
-
12 · Investments: other securities
beginning of year $2,490,773 · end of year $18,705
-
14 · Intangible assets
beginning of year $94,638 · end of year $94,638
-
15 · Other assets
beginning of year $221,575 · end of year $207,870
-
17 · Accounts payable and accrued expenses
beginning of year $704,816 · end of year -$18,525
-
18 · Grants payable
beginning of year $20,194,883 · end of year $20,194,883
-
19 · Deferred revenue
beginning of year $2,642,319 · end of year $3,629,565
-
27 · Net assets without donor restrictions
beginning of year $14,919,489 · end of year $11,091,335
-
28 · Net assets with donor restrictions
beginning of year $34,557,492 · end of year $31,009,956
Mission and programs · 2023
Mission
SANTA FE PREPARATORY SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL, GRADES 7 THROUGH 12, DEDICTAED TO EDUCATIONAL EXCELLENCE.
-
THE SCHOOL PROVIDES A COLLEGE PREPARATORY EDUCATION TO APPROXIMATELY 330 STUDENTS IN GRADES 7 THROUGH 12. THE SCHOOL ALSO HOSTS THE EE FORD SUMMER TEACHERS COLLOQUIUM SERVING APPROXIMATELY 40 TEACHERS.
Expenses $7,921,860 · Revenue $8,239,958
-
DAVIS NEW MEXICO SCHOLARS AND BREAKTHROUGH SANTA FE (BREAKTHROUGH): BREAKTHROUGH IS A PREP PROGRAM THAT ASSIST STUDENTS IN GRADES 7 THROUGH 12 FROM UNDERSERVED PUBLIC SCHOOLS TO BECOME THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE. STUDENTS COMMIT TO THE PROGRAM FOR 6 YEARS AND PARTICIPATE IN SUMMER PROGRAMMING, SCHOOL YEAR SUPPORT, AND ONE-ON-ONE COLLEGE COUNSELING. BREAKTHROUGH SANTA FE ALSO PARTNERS WITH THE SHELBY CULLOM DAVIS CHARITABLE FUND, INC. TO ADMINISTER AND AWARD FULL-TUITION COLLEGE SCHOLARSHIPS TO STUDENTS PARTICIPATING IN THE DAVIS NEW MEXICO SCHOLARS PROGRAM (DAVIS NEW MEXICO). AS OF JUNE 30, 2024, APPROXIMATELY 137 DAVIS NEW MEXICO SCHOLARSHIP RECIPIENTS ARE ENROLLED IN COLLEGE.
Expenses $8,641,328 · Grants $7,647,613
As filed on the 2023 return.
Listed in Part VII
-
Aaron SchubachAARON SCHUBACH
HEAD OF SCHO
- Total calculated
- $378,342
- From this org
- $314,862
- From related orgs
- $0
- Other
- $63,480
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $314,862
- Bonus
- not reported
- Other
- not reported
- Deferred
- $18,716
- Nontaxable benefits
- $44,764
- Filer's total
- $378,342
-
Bruce SachsBRUCE SACHS
CFO
- Total calculated
- $159,422
- From this org
- $131,221
- From related orgs
- $0
- Other
- $28,201
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,221
- Bonus
- not reported
- Other
- not reported
- Deferred
- $10,525
- Nontaxable benefits
- $17,676
- Filer's total
- $159,422
-
Jenny KaufmanJENNY KAUFMAN
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Sara AprilSARA APRIL
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
David KoconDAVID KOCON
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Bob BordenBOB BORDEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Liz BremnerLIZ BREMNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Randy DryRANDY DRY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Alice DunnALICE DUNN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Dominic GarciaDOMINIC GARCIA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Estevan GonzalesESTEVAN GONZALES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Guillermo BleichmarGUILLERMO BLEICHMAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Miquela KorteMIQUELA KORTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Erik LitzenbergERIK LITZENBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Thao MarquezTHAO MARQUEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Fred NathanFRED NATHAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Dennis RomeroDENNIS ROMERO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Leslie RossLESLIE ROSS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Jenna ScanlanJENNA SCANLAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Michael McNeillMICHAEL MCNEILL
ADVANCEMENT
- Total calculated
- $134,544
- From this org
- $130,172
- From related orgs
- $0
- Other
- $4,372
- Hours/week
- 40
-
John UtseyJOHN UTSEY
DIRECTOR OF
- Total calculated
- $194,096
- From this org
- $120,415
- From related orgs
- $0
- Other
- $73,681
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $120,415
- Bonus
- not reported
- Other
- not reported
- Deferred
- $9,245
- Nontaxable benefits
- $64,436
- Filer's total
- $194,096
-
Catherine McKenzieCATHERINE MCKENZIE
LIBRARY DIRE
- Total calculated
- $109,628
- From this org
- $105,256
- From related orgs
- $0
- Other
- $4,372
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Discretionary spending account
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$30,000
COLLEGE READINESS
-
COLLEGE READINESS
-
POJOAQUE VALLEY SCHOOLS
$30,000
COLLEGE READINESS
-
SANTA FE PUBLIC SCHOOLS AVID PROGRA
$30,000
COLLEGE READINESS
-
SOUTH VALLEY ACADEMY
$30,000
COLLEGE READINESS
-
THE MASTERS PROGRAM
$30,000
COLLEGE READINESS
-
UPWARD BOUND ESPANOLA
$30,000
COLLEGE READINESS
-
$20,000
COLLEGE READINESS
-
$12,800
COLLEGE READINESS
-
ACADEMY FOR TECHNOLOGY AND
$10,000
COLLEGE READINESS
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531349349311848
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.