Bradford Preparatory School

EIN: 460751662 501(c)(3) Education

Charlotte, NC

Total Revenue
$18,775,881
Total Expenses
$17,218,622
Total Assets
$45,872,367
Net Assets
$6,689,131
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NC
Principal Officer
Dave Kapka
Phone
7045490080
Tax Period
2024-07-01 to 2025-06-30

Bradford Preparatory School, founded in 2012, is a mid-sized nonprofit in the Education sector that reported $18.8M in total revenue in fiscal year 2024. Expenses of $17.2M left a modest 8% surplus.

Mission

Bradford is a college preparatory school committed to academic excellence, nurturing personal relationships, and inspiring a growing passion for creativity and learning in all of our students.

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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 $17,649,364
Program Service Revenue $723,219
Investment Income $0
Other Revenue $403,298
TOTAL REVENUE $18,775,881

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,980,346
Fundraising Expenses $0
Program Expenses $11,622,652
Other Expenses $6,238,276
TOTAL EXPENSES $17,218,622

Year-over-Year Comparison

2024 2023 Change
Revenue $18,775,881 $18,487,005 +0.0%
Expenses $17,218,622 $17,406,716 0.0%
Net Income $1,557,259 $1,080,289 +0.4%
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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Governance

Voting Members
12
Independent Members
12
Employees
261
Volunteers
100

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
16
$459,252
Key Employees
4
$459,252
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kelly Painter Executive Director 40.00
Director Key Emp
$115,830 $0 $115,830
Brenda Robinson Finance Director 40.00
Director Key Emp
$88,739 $0 $88,739
Karin Drescher Operations director 40.00
Director Key Emp
$114,533 $0 $114,533
Stephen Gay Head of School 40.00
Director Key Emp
$140,150 $0 $140,150
Britany Blaney Member 2.00
Director
$0 $0 $0
Jason Darling Member 2.00
Director
$0 $0 $0
Elizabeth Moser Member 2.00
Director
$0 $0 $0
Joshua Dzyak Vice Chair 2.00
Officer Director
$0 $0 $0
Melissa Ramirez Member 2.00
Director
$0 $0 $0
Amanda Galindo Chair 2.00
Officer Director
$0 $0 $0
Justin Griffith Member 2.00
Director
$0 $0 $0
Maeghan Iddings Secretary 2.00
Officer Director
$0 $0 $0
Dave Kapka Treasurer 2.00
Officer Director
$0 $0 $0
James Lorello Member 2.00
Director
$0 $0 $0
Fernanrdo Pena Jr Member 2.00
Director
$0 $0 $0
Rachel Pierson-Bonin Member 2.00
Director
$0 $0 $0
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 $18,775,881 $17,218,622 $45,872,367 $1,557,259
2024 $18,487,005 $17,406,716 $44,967,895 $1,080,289
2023 $17,012,811 $16,498,072 $44,411,967 $514,739
2022 $16,692,910 $15,668,348 $43,531,972 $1,024,562
2021 $15,258,400 $14,631,222 $38,398,156 $627,178
2020 $13,512,621 $13,342,701 $37,671,852 $169,920
2019 $12,454,950 $12,167,279 $2,576,284 $287,671
2018 $9,747,748 $9,139,793 $2,190,948 $607,955
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