YORK PREPARATORY ACADEMY INC Charity Report

Public IRS 990 nonprofit record

YORK PREPARATORY ACADEMY INC

EIN 36-4641998 · Charter Schools (B29)

What they do

THE MISSION of THE YORK PREPARATORY ACADEMY (YPA) is for THE FACULTY, STAFF, STUDENTS, PARENTS, and COMMUNITY to PROVIDE AN ENGAGED LEARNING ENVIRONMENT THAT LEADS to THE SUCCESS of EACH INDIVIDUAL STUDENT, WHILE ALSO CHALLENGING THESE STUDENTS to BECOME LIFE-LONG LEARNERS, INDEPENDENT THINKERS, RESPECTFUL INDIVIDUALS, and RESPONSIBLE CITIZENS THUS PREPARING THEM for A 21ST CENTURY GLOBAL ECONOMY WITH THIS MISSION, IN ACCORDANCE WITH THE SOUTH CAROLINA CHARTER SCHOOLS ACT, YPA WILL IMPROVE STUDENT LEARNING, INCREASE LEARNING OPPORTUNITIES, UTILIZE PRODUCTIVE TEACHING METHODS, ESTABLISH NEW FORMS of ACCOUNTABILITY for SCHOOLS, CREATE NEW PROFESSIONAL OPPORTUNITIES for TEACHERS. to SUCCEED IN THIS MISSION, THE INDIVIDUAL NEED of EACH LEARNER is THE CORE of YPAS MISSION STRIVING TOWARD SOUTH CAROLINAS GOAL of ACHIEVING EXCELLENCE THROUGH INDIVIDUAL SUCCESSES WITH EVERY CHILD SERVED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.33%of revenue went to mission work72.6% of expenses · Program services

$102.42spent for every $100 of revenueSpending was higher than revenue this year.

28.09%of revenue went to management and office costs27.4% of expenses

$1.67in assets for every $1 spent this yearSome assets cannot be spent right away.

92.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $545,197 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $231,349 for BRIAN MYRUP (MANAGING DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$22,558,300

Mission workProgram services$16,767,53074.33% of revenue72.6% of expenses

ManagementOffice and general costs$6,335,96728.09% of revenue27.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$23,103,497102.42% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 72.6% mission · 27.4% management · 0.0% fundraisingTotal expenses: 102.42% of revenue

2023Expense mix: 75.2% mission · 24.8% management · 0.0% fundraisingTotal expenses: 120.98% of revenue

2022Expense mix: 74.4% mission · 25.6% management · 0.0% fundraisingTotal expenses: 99.57% of revenue

2021Expense mix: 91.2% mission · 8.8% management · 0.0% fundraisingTotal expenses: 100.72% of revenue

2020Expense mix: 90.5% mission · 9.5% management · 0.0% fundraisingTotal expenses: 92.34% of revenue

2019Expense mix: 91.0% mission · 9.0% management · 0.0% fundraisingTotal expenses: 93.30% of revenue

2018Expense mix: 85.1% mission · 14.9% management · 0.0% fundraisingTotal expenses: 94.55% of revenue

2017Expense mix: 86.4% mission · 13.6% management · 0.0% fundraisingTotal expenses: 89.88% of revenue

Money in and money out

Revenue$22,558,300

Expenses$23,103,497

Annual shortfall $545,197 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$16,767,530 · 72.6% of expenses

Management and office costs$6,335,967 · 27.4% of expenses

See all reported dollar amounts

Revenue$22,558,300

Expenses$23,103,497

Assets$38,539,828

Income$22,558,300

Contributions$20,883,662

Mission work (program services)$16,767,530

Management and general$6,335,967

Stocks and bonds$3,312,205

Accounting fees$41,625

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRIAN MYRUPMANAGING DIRECTOR · 40 hrs/week $231,349Base $210,956 · Other $20,393

KIM TAYLORCFO · 40 hrs/week $166,920Base $149,778 · Other $17,142

LANNY ADAMSONDIRECTOR OF STUDENT AND FAMILY SUPPORT · 40 hrs/week $160,351Base $143,371 · Other $16,980

SCOTT BARRDIRECTOR OF SPECIAL SERVICES · 40 hrs/week $138,919Base $117,525 · Other $21,394

RICHARD SHEPARDHIGH SCHOOL PRINCIPAL · 40 hrs/week $131,985Base $110,924 · Other $21,061

JENNIFER MCGUGANELEMENTARY PRINCIPAL · 40 hrs/week $130,841Base $115,280 · Other $15,561

RYAN BRIDGESDIRECTOR OF OPERATIONS · 40 hrs/week $121,726Base $110,234 · Other $11,492

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

BRIAN MYRUPMANAGING DIRECTOR

KIM TAYLORCFO

LANNY ADAMSONDIRECTOR OF STUDENT AND FAMILY SUPPORT

SCOTT BARRDIRECTOR OF SPECIAL SERVICES

RICHARD SHEPARDHIGH SCHOOL PRINCIPAL

JENNIFER MCGUGANELEMENTARY PRINCIPAL

RYAN BRIDGESDIRECTOR OF OPERATIONS

CRAIG CRAZEMEMBER AT LARGE

GWEN MUGABEMEMBER AT LARGE

IAN LAWRENCEFINANCE CHAIR

JOE MEDLINSECRETARY

KATIE FOWLERMEMBER AT LARGE

SCOTT SMITHCHAIR

STACY CHALMERSVICE CHAIR

About this charity

Recognized since: January 2011
Location: 1047 GOLDEN GATE COURT, ROCK HILL, SC 29732
County: York
In care of: IAN LAWRENCE
Primary officer: IAN LAWRENCE, FINANCE CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(803) 325-9719

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: VERIS LLC
NTEE classification: Charter Schools (B29)
IRS tax category: Charter Schools