GIRLS PREPARATORY SCHOOL INC

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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

1906

Legal Domicile

Principal Officer

MR MARK VOSSKAMP

Phone

4236347600

Tax Period

2023-07-01 to 2024-06-30

GIRLS PREPARATORY SCHOOL INC, founded in 1906, is a mid-sized nonprofit in the Education sector that reported $31.7M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.3M, a strong 26% operating margin.

Mission

GIRLS PREPARATORY SCHOOL INSPIRES EACH GIRL TO LEAD A LIFE OF INTEGRITY AND PURPOSE BY ENGAGING HER MIND, CULTIVATING HER STRENGTHS, AND NURTURING HER SELF-CONFIDENCE AND RESPECT FOR OTHERS.

Program Service Accomplishments

Program 1

Expenses: $17,146,824 Revenue: $17,943,450

GIRLS PREPARATORY SCHOOL (GPS) IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL FOR GRADES SIX THROUGH TWELVE WHERE APPROXIMATELY 50%OF STUDENTS RECEIVED FINANCIAL ASSISTANCE. GPS INSPIRES EACH GIRL TO LEAD A LIFE OF INTEGRITY AND PURPOSE BY ENGAGING HER MIND,CULTIVATING HER STRENGHTHS, AND NURTURING HER SELF-CONFIDENCE AND RESPECT FOR OTHERS. IT DOES SO BY FOCUSING ON ITS VALUES OF HONOR, RESPECT, CURIOSITY, INDIVIDUALITY, AND RELATIONSHIPS. IN FISCAL YEAR 2024, GPS GRADUATED 85 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,284,962

Program Service Revenue $17,832,618

Investment Income $1,048,650

Other Revenue $581,798

TOTAL REVENUE $31,748,028

Expense Breakdown

Grants Paid $4,194,830

Salaries & Benefits $10,841,977

Fundraising Expenses $1,664,830

Program Expenses $17,146,824

Other Expenses $8,438,485

TOTAL EXPENSES $23,475,292

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,748,028	$24,457,540	+0.3%
Expenses	$23,475,292	$22,470,880	+0.0%
Net Income	$8,272,736	$1,986,660	+3.2%

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

Governance

Voting Members

Independent Members

Employees

352

Volunteers

270

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

$627,965

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLINE CAULKINS BENTLEY	TRUSTEE	1.00	Director	$0	$0	$0
GLENN BREAZEALE JR	TRUSTEE	1.00	Director	$0	$0	$0
JEFF BURNS	TRUSTEE	1.00	Director	$0	$0	$0
ELOUISE BUSBY	TRUSTEE	1.00	Director	$0	$0	$0
LAUREL CARNEY PHD	TRUSTEE	1.00	Director	$0	$0	$0
ALLISON COWAN CARROLL	TRUSTEE	1.00	Director	$0	$0	$0
R ALLEN COFFMAN JR	TRUSTEE	1.00	Director	$0	$0	$0
AIMEE OWINGS HARVEY	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER KLINE	TRUSTEE	1.00	Director	$0	$0	$0
BETH STEELE NEWBOLD	TRUSTEE	1.00	Director	$0	$0	$0
ANDREA SAUL NOSBUSCH	TRUSTEE	1.00	Director	$0	$0	$0
ASHLEY MOORE PALMER	TRUSTEE	1.00	Director	$0	$0	$0
HAMP JOHNSTON JR	TRUSTEE	1.00	Director	$0	$0	$0
MARY P TANNER PHD	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN THOMAS	TRUSTEE	1.00	Director	$0	$0	$0
KAREN C WELBORN	TRUSTEE	1.00	Director	$0	$0	$0
CAROLYN CHANDLER	TRUSTEE	1.00	Director	$0	$0	$0
BLAIR BENNINGTON CANNON	TRUSTEE	1.00	Director	$0	$0	$0
AUSTIN P WATSON	TRUSTEE	1.00	Director	$0	$0	$0
AMY ARROWSMITH	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
ASHLEY ROWLAND DAVENPORT	VICE CHAIR	2.00	Officer Director	$0	$0	$0
CLAY P WATSON	FORMER BOARD CHAIR	2.00	Officer Director	$0	$0	$0
JIMMY SCOTCHIE	TREASURER	2.00	Officer Director	$0	$0	$0
DORI THORNTON WALLER	SECRETARY/RECORDER	2.00	Officer Director	$0	$0	$0
MEGAN COVER	HEAD OF SCHOOL	65.00	Officer	$378,067	$43,723	$421,790
MARK VOSSKAMP	CFO/COO	48.00	Officer	$190,046	$16,129	$206,175
ALI GANT	CHIEF ADVANCEMENT OFFICER	48.00	Highest	$173,288	$28,059	$201,347
BETH WILSON	HEAD OF UPPER SCHOOL	48.00	Highest	$147,804	$7,018	$154,822
JAMES WATTS	ATHLETIC DIRECTOR	48.00	Highest	$119,953	$23,446	$143,399
ANDREW REICH	DIR OF COLLEGE COUNSELING	40.00	Highest	$109,573	$11,399	$120,972

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	No data	No data	No data	No data
2024	$31,748,028	$23,475,292	$77,322,650	$8,272,736
2023	$24,457,540	$22,470,880	$66,448,337	$1,986,660
2022	$20,905,031	$21,304,380	$62,392,596	$-399,349
2021	$22,800,859	$19,951,559	$71,567,116	$2,849,300
2020	$19,595,117	$19,864,912	$57,361,303	$-269,795
2019	$18,958,585	$20,180,149	$58,902,143	$-1,221,564
2018	$16,947,384	$19,387,620	$59,470,366	$-2,440,236