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Greystone Preparatory School Inc

  • Kerrville, TX
  • Tax-exempt since April 2003
  • EIN: 52-2377318

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Secondary, High School (NTEE)

Donations to this organization are tax deductible.

Details

According to its July 2024 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$1.61k (2024)

Expenses
$236k (2024)

Total Assets
$38.3k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,612
Expenses
$236,193
Net Income
-$234,581
Net Assets
$38,260
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $106
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,506
93.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $100,000
42.3%
Assets/Debt
Total Assets $38,260
Total Liabilities $0
Net Assets $38,260
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Bg David N Blackorby Usa Ret (Finance Committee Chairman) $0 $0 $0
Bg Jim Bisson James J Usa Retired (Student Affairs Committee) $0 $0 $0
Mg Eddy M Spurgin Usa Ret (Board Of Directors) $0 $0 $0
Patricia Trish M Anslow Usa Ret (Personnel Committee Chairm) $0 $0 $0
Radm Stephanie Keck Usn Retired (Recruiting Committee Chair) $0 $0 $0
Mg William D Bill Wofford Usa Ret (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on Jan. 29, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$161,085
Expenses
$177,852
Net Income
-$16,767
Net Assets
$272,840
Notable Sources of Revenue Percent of Total Revenue
Contributions $46
0.0%
Program Services $136,667
84.8%
Investment Income $529
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $23,843
14.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $82,881
46.6%
Professional Fundraising Fees $0
Other Salaries and Wages $50,000
28.1%
Assets/Debt
Total Assets $274,966
Total Liabilities $2,126
Net Assets $272,840
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Bg David N Blackorby Usa Ret (Finance Committee Chairman) $0 $0 $0
Bg Jim Bisson James J Usa Retired (Student Affairs Committee) $0 $0 $0
Mg Eddy M Spurgin Usa Ret (Board Of Directors) $0 $0 $0
Patricia Trish M Anslow Usa Ret (Personnel Committee Chairm) $0 $0 $0
Radm Stephanie Keck Usn Retired (Recruiting Committee Chair) $0 $0 $0
Mg William D Bill Wofford Usa Ret (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 1, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$203,667
Expenses
$202,592
Net Income
$1,075
Net Assets
$289,607
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,133
3.0%
Program Services $200,000
98.2%
Investment Income $3,311
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,777
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $99,000
48.9%
Professional Fundraising Fees $0
Other Salaries and Wages $50,000
24.7%
Assets/Debt
Total Assets $294,323
Total Liabilities $4,716
Net Assets $289,607
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Cdr David Bailey Usn Ret (Executive Director) $99,000 $0 $0
Bg David N Blackorby Usa Ret (Finance Committee Chairman) $0 $0 $0
Bg Jim Bisson James J Usa Retired (Student Affairs Committee Chairman) $0 $0 $0
Mg Eddy M Spurgin Usa Ret (Board Of Directors) $0 $0 $0
Lt Col John Young Usmc Ret (Board Of Directors) $0 $0 $0
Csm Danny Dean Herbert D (Personnel Committee Chairman) $0 $0 $0
Radm Stephanie Keck Usn Retired (Recruiting Committee Chairman) $0 $0 $0
Mg William D Bill Wofford Usa Ret (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 29, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$200,152
Expenses
$235,148
Net Income
-$34,996
Net Assets
$286,777
Notable Sources of Revenue Percent of Total Revenue
Contributions $34
0.0%
Program Services $200,000
99.9%
Investment Income $118
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $114,593
48.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $293,268
Total Liabilities $6,491
Net Assets $286,777
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Cdr David Bailey Usn Ret (Executive Director) $118,093 $0 $0
Virginia Spikes (Secretary) $7,100 $0 $0
Col Bill Crum Usaf Ret (Chairman Emeritus) $0 $0 $0
Bg Jim Bisson James J Usa Retired (Board Of Directors) $0 $0 $0
Brian Shirley (Board Of Directors) $0 $0 $0
Lt Col John Young Usmc Ret (Board Of Directors) $0 $0 $0
Csm Danny Dean Herbert D (Board Of Directors) $0 $0 $0
Radm Stephanie Keck Usn Retired (Board Of Directors) $0 $0 $0
Jack Teer Usmc Retired (Vice Chairman Emeritus) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 25, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$281,415
Expenses
$324,231
Net Income
-$42,816
Net Assets
$321,772
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,646
5.2%
Program Services $264,375
93.9%
Investment Income $2,394
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $105,000
32.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $332,852
Total Liabilities $11,080
Net Assets $321,772
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cdr David Bailey Usn Ret (Executive Director) $105,000 $0 $0
Virginia Spikes (Secretary) $7,100 $0 $0
Col Bill Crum Usaf Ret (Chairman Emeritus) $0 $0 $0
Nancy Dickinson (Community Relations) $0 $0 $0
Brian Shirley (Board Of Directors) $0 $0 $0
Lt Col John Young Usmc Ret (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$339,735
Expenses
$300,552
Net Income
$39,183
Net Assets
$364,589
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,411
2.5%
Program Services $329,000
96.8%
Investment Income $2,324
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $105,000
34.9%
Professional Fundraising Fees $0
Other Salaries and Wages $57,751
19.2%
Assets/Debt
Total Assets $380,636
Total Liabilities $16,047
Net Assets $364,589
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Cdr David Bailey Usn Ret (Executive Director) $105,000 $0 $0
Virginia Spikes (Secretary) $7,100 $0 $0
Col Bill Crum Usaf Ret (Chairman Emeritus) $0 $0 $0
Nancy Dickinson (Board Of Directors) $0 $0 $0
Brian Shirley (Board Of Directors) $0 $0 $0
Lt Col John Young Usmc Ret (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on Dec. 9, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$409,718
Expenses
$378,851
Net Income
$30,867
Net Assets
$324,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,875
3.4%
Program Services $393,625
96.1%
Investment Income $2,218
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $105,000
27.7%
Professional Fundraising Fees $0
Other Salaries and Wages $110,251
29.1%
Assets/Debt
Total Assets $346,479
Total Liabilities $22,117
Net Assets $324,362
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Cdr David Bailey Usn Ret (Executive Director) $105,000 $0 $0
Virginia Spikes (Secretary) $7,100 $0 $0
Col Bill Crum Usaf Ret (Chairman Emeritus) $0 $0 $0
Nancy Dickinson (Board Of Directors) $0 $0 $0
Brian Shirley (Board Of Directors) $0 $0 $0
Hank Moody (Treasurer) $0 $0 $0
Jack Teer (Vice Chairman) $0 $0 $0
Lt Col John Young Usmc Ret (Board Of Directors) $0 $0 $0
Rdml Tilghman Payne Usn Ret (Chairman) $0 $0 $0
Tim Drummond (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on Dec. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$517,646
Expenses
$438,722
Net Income
$78,924
Net Assets
$293,438
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,816
4.8%
Program Services $487,627
94.2%
Investment Income $661
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,542
0.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $105,000
23.9%
Professional Fundraising Fees $0
Other Salaries and Wages $182,507
41.6%
Assets/Debt
Total Assets $322,595
Total Liabilities $29,157
Net Assets $293,438
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
David Bailey (Executive Director) $102,083 $102,083 $0
Virginia Spikes (Secretary) $6,808 $0 $0
Col Bill Crum Usaf Ret (Chairman Emeritus) $0 $0 $0
Nancy Dickinson (Board Of Directors) $0 $0 $0
Brian Shirley (Board Of Directors) $0 $0 $0
Hank Moody (Treasurer) $0 $0 $0
Jack Teer (Vice Chairman) $0 $0 $0
John Young (Board Of Directors) $0 $0 $0
Admiral Tilghman Payne (Chairman) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 26, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$449,572
Expenses
$436,918
Net Income
$12,654
Net Assets
$214,514
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,696
2.8%
Program Services $436,745
97.1%
Investment Income $131
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,000
22.9%
Professional Fundraising Fees $0
Other Salaries and Wages $175,666
40.2%
Assets/Debt
Total Assets $220,353
Total Liabilities $5,839
Net Assets $214,514
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
David Bailey (Executive Director) $100,000 $0 $0
Virginia Spikes (Secretary) $6,600 $0 $0
Col Bill Crum Usaf Ret (Chairmain Of The Board) $0 $0 $0
Nancy Dickinson (Board Of Directors) $0 $0 $0
Brian Shirley (Board Of Directors) $0 $0 $0
Hank Moody (Treasurer) $0 $0 $0
Jack Teer (Vice Chairman) $0 $0 $0
Captain Fred Vogt Usn Ret (Board Of Directors) $0 $0 $0
Jeanne Rowland (Board Of Directors) $0 $0 $0
John Young (Board Of Directors) $0 $0 $0
Tilghman Payne (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 29, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$589,888
Expenses
$526,031
Net Income
$63,857
Net Assets
$201,860
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,892
3.4%
Program Services $569,875
96.6%
Investment Income $121
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,000
19.0%
Professional Fundraising Fees $0
Other Salaries and Wages $226,980
43.1%
Assets/Debt
Total Assets $209,025
Total Liabilities $7,165
Net Assets $201,860

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$485,362
Expenses
$477,087
Net Income
$8,275
Net Assets
$138,002
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,796
4.1%
Program Services $458,250
94.4%
Investment Income $101
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $7,215
1.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,000
21.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $144,795
Total Liabilities $6,793
Net Assets $138,002

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$501,451
Expenses
$469,828
Net Income
$31,623
Net Assets
$129,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $33,862
6.8%
Program Services $467,500
93.2%
Investment Income $89
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,000
21.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $136,086
Total Liabilities $6,359
Net Assets $129,727

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$355,393
Expenses
$316,037
Net Income
$39,356
Net Assets
$98,104
Notable Sources of Revenue Percent of Total Revenue
Contributions $34,607
9.7%
Program Services $320,584
90.2%
Investment Income $202
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $90,000
28.5%
Professional Fundraising Fees $0
Other Salaries and Wages $110,078
34.8%
Assets/Debt
Total Assets $126,397
Total Liabilities $28,293
Net Assets $98,104

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$351,942
Expenses
$313,658
Net Income
$38,284
Net Assets
$58,748
Notable Sources of Revenue Percent of Total Revenue
Contributions $34,093
9.7%
Program Services $317,734
90.3%
Investment Income $115
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $90,000
28.7%
Professional Fundraising Fees $0
Other Salaries and Wages $116,000
37.0%
Assets/Debt
Total Assets $98,587
Total Liabilities $39,839
Net Assets $58,748

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending July
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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