Southland College Prep Charter School Inc

EIN: 271619440 501(c)(3)

Richton Park, IL

Total Revenue
$22,667,813
Total Expenses
$21,343,214
Total Assets
$16,666,625
Net Assets
$8,054,261
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IL
Principal Officer
Dr Blondean Y Davis
Phone
7087488105
Tax Period
2024-07-01 to 2025-06-30

Southland College Prep Charter School Inc, founded in 2009, is a mid-sized nonprofit that reported $22.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $21.3M left a modest 6% surplus.

Mission

Southland College Prep Charter School ("Southland") is a 9th through 12th grade school dedicated to helping students graduate from a four-year college.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $22,451,616
Program Service Revenue $216,197
Investment Income $0
Other Revenue $0
TOTAL REVENUE $22,667,813

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,001,395
Fundraising Expenses $0
Program Expenses $16,227,174
Other Expenses $10,341,819
TOTAL EXPENSES $21,343,214

Year-over-Year Comparison

2024 2023 Change
Revenue $22,667,813 $19,489,278 +0.2%
Expenses $21,343,214 $17,869,033 +0.2%
Net Income $1,324,599 $1,620,245 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
201
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Blondean Y Davis Chief Executive Officer/Director 10.00
Officer Director
$0 $0 $0
Ron Bean President 0.25
Officer Director
$0 $0 $0
Felix Simpkins Vice President 0.25
Officer Director
$0 $0 $0
Jeffrey Johnson Secretary 0.25
Officer Director
$0 $0 $0
Dr Vinnie Hall Director 0.25
Director
$0 $0 $0
Dr Barbara Meyer Director 0.25
Director
$0 $0 $0
Corey Levy Director of Operations 40.00
Highest
$208,999 $42,220 $251,219
Robert Lane Director of College Recruitment 40.00
Highest
$204,508 $41,952 $246,460
Iyuna Harris Director of Special Education 40.00
Highest
$154,228 $38,574 $192,802
Sherry Grutzius Director of Curriculum 40.00
Highest
$144,874 $0 $144,874
Robert Hall Attorney 13.00
Highest
$117,244 $0 $117,244
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $22,667,813 $21,343,214 $16,666,625 $1,324,599
2024 $19,489,278 $17,869,033 $9,198,060 $1,620,245
2023 $16,415,445 $16,299,048 $9,318,231 $116,397
2022 $14,846,011 $14,363,968 $5,970,929 $482,043
2021 $12,809,718 $11,422,293 $5,184,648 $1,387,425
2020 $11,784,854 $11,287,511 $3,828,596 $497,343
2019 $11,475,100 $11,231,850 $3,389,782 $243,250
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