Hilltop Preparatory School INC

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To provide education to students in grades 5-12 with diagnosed learning differences for higher education and successful futures.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$554K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $298K a year · 5% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$554K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $1.2M in investments, Pt X · Ln 11–13
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $86K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.6M
71% of total assets
Worth a look: liabilities are 71% of assets; over 65%.
Pt X · Ln 26
Independent board members
18
of 19 voting members
Looks good: 18 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.6M
-12% vs prior year
Spent
$5.6M
To programs
83%
Net assets
$1.5M
By yearFY2020–FY2025
Revenue
$5.6M
FY2025▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.8M
FY2021$5.2M
FY2022$5.1M
FY2023$5.4M
FY2024$6.4M
FY2025$5.6M
Expenses
$5.6M
FY2025▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.7M
FY2021$4.6M
FY2022$5.2M
FY2023$5.4M
FY2024$5.3M
FY2025$5.6M
Net assets
$1.5M
FY2025▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020−$256K
FY2021$312K
FY2022$247K
FY2023$263K
FY2024$1.3M
FY2025$1.5M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $4.6M Management & general 13% · $723K Fundraising 4% · $195K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $554K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Head of School
$218,640Pt VII · Sec A
$119,841Pt VII · Sec A
Asst. Head Student Life
$109,370Pt VII · Sec A
Asst. Head Academics
$106,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kevin Mayne’s $219K as Head of School is at the 86th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Thomas Needham———$241,567$223,757$277,828
Kevin Mayne$218,640$203,501$95,000———
Peter Cunningham$119,841——$108,696$105,045—
Pete Cunningham—$115,023$111,725———
Cynthia Falcone——$109,774———
David Van Dyke$109,370$104,118————
George Sedgwick$106,000$101,460————
Cindy Falcone———$105,714$105,650$102,978

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hilltop Preparatory School INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students with learning differences in grades 5-12 for college and future success.

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1 program · $4.6M · in their own filed words · FY2024
01

The school provides education to approximately 90 full-time students in grades 5-12 in radnor, pa.

$4.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$86K
Grants paid · 3 grants · $772K · 2019–2023
Unitemized GrantFY2023$279,150
Unitemized GrantFY2020$269,900
Unitemized GrantFY2019$223,198

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.6M
Ln 12
Fees for servicesLn 2g$5.1M
Gifts and grantsLn 1h$382K
Other incomeLn 4–11$92K
Money outPt IX
$5.6M
Ln 25
Programscol B$4.6M
Managementcol C$723K
Fundraisingcol D$195K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$722K
Total assetsLn 16$5.0M
LiabilitiesLn 26$3.6M
PeoplePt VI, VII
24
listed · VII A
PaidVII A4
Voting boardVI 1a19
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$382K
Fees for servicesLn 2g$5.1M
Investment incomeLn 3$49K
Other incomeLn 4–11$92K
Total revenueLn 12$5.6M
Assets in detailPt X, end of year
CashLn 1$722K
Cash and savings togetherLn 1–2$722K
InvestmentsLn 11–13$1.2M
Land, buildings, equipmentLn 10c$2.6M
Other assetsLn 15$148K
Total assetsLn 16$5.0M
LiabilitiesLn 26$3.6M
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 571
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$488K$445K$414K$391K$257K
Given inLn 1b$7K−$5K−$725$167K−$4K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.3M$722K
InvestmentsLn 11–13$372K$1.2M
Land, buildings, equipmentLn 10c$2.6M$2.6M
Total assetsLn 16$4.6M$5.0M
LiabilitiesLn 26$3.3M$3.6M
Net assetsLn 32$1.3M$1.5M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$272K$272K
Pay of current officers, directors and key staffLn 5$253K$189K$63K
Pay of disqualified personsLn 6$2.8M$2.4M$337K$110K
Pension plan contributionsLn 8$116K$98K$14K$5K
Other employee benefitsLn 9$318K$267K$39K$12K
Payroll taxesLn 10$226K$188K$29K$8K
Accounting feesLn 11c$39K$39K
Investment management feesLn 11f$5K$5K
Other fees for servicesLn 11g$33K$11K$22K
Office expensesLn 13$182K$152K$29K$601
Information technologyLn 14$244K$171K$61K$12K
OccupancyLn 16$330K$290K$38K$1K
Conferences, conventions and meetingsLn 19$19K$19K
InterestLn 20$94K$88K$5K$370
Depreciation, depletion and amortizationLn 22$218K$205K$12K$861
InsuranceLn 23$86K$81K$5K$338
Other expenses (24a–d)Ln 24$221K$211K$10K
All other expensesLn 24e$95K$35K$25K$35K
Total functional expensesLn 25$5.6M$4.6M$723K$195K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Nov 10, 2025 $5.6M$5.6M$80K$1.5M 990 PDF
FY2024Filed with the IRS Jan 15, 2025 $6.4M$5.3M$1.1M$1.3M 990 PDF
FY2023Filed with the IRS Feb 5, 2024 $5.4M$5.4M$3K$263K 990 PDF
FY2022Filed with the IRS May 15, 2023 $5.1M$5.2M−$25K$247K 990 PDF
FY2021Filed with the IRS Feb 11, 2022 $5.2M$4.6M$541K$312K 990 PDF
FY2020Filed with the IRS May 14, 2021 $4.8M$4.7M$139K−$256K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $5,643,221 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,238,843$381,963
I-9 Program service revenuePrior year $5,075,244$5,119,722
I-10 Investment incomePrior year $27,043$49,086
I-11 Other revenuePrior year $43,355$92,450
I-12 Total revenuePrior year $6,384,485$5,643,221
I-13 Grants and similar amounts paidPrior year $279,150$271,900
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,565,968$3,727,471
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,487,690$1,564,153
I-18 Total expensesPrior year $5,332,808$5,563,524
I-19 Revenue less expensesPrior year $1,051,677$79,697
Part VI · Governance 18 of 19 board members independent, 2 to look at
VI-1a Voting members of the governing body19
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,643,221 across 7 lines filed
VIII-1f All other contributions, gifts and grants$381,963
VIII-1h Total contributions, gifts and grants$381,963
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,119,722$5,119,722
VIII-3 Investment incomeExcluded from tax $49,086$49,086
VIII-6 Net rental income or lossExcluded from tax $33,028$33,028
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $59,422$59,422
VIII-12 Total revenueRelated to mission $5,179,144 · Unrelated business $0 · Excluded from tax $82,114$5,643,221
Part IX · Statement of functional expenses $5,563,524 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $271,900$271,900
IX-5 Pay of current officers, directors and key staffPrograms $189,420 · Management $63,140$252,560
IX-6 Pay of disqualified personsPrograms $2,367,576 · Management $337,080 · Fundraising $110,028$2,814,684
IX-8 Pension plan contributionsPrograms $97,854 · Management $13,723 · Fundraising $4,598$116,175
IX-9 Other employee benefitsPrograms $267,336 · Management $38,883 · Fundraising $12,224$318,443
IX-10 Payroll taxesPrograms $188,263 · Management $29,174 · Fundraising $8,172$225,609
IX-11c Accounting feesManagement $38,535$38,535
IX-11f Investment management feesManagement $5,204$5,204
IX-11g Other fees for servicesPrograms $10,945 · Management $21,916$32,861
IX-13 Office expensesPrograms $151,742 · Management $29,167 · Fundraising $601$181,510
IX-14 Information technologyPrograms $170,584 · Management $60,923 · Fundraising $12,185$243,692
IX-16 OccupancyPrograms $290,412 · Management $38,106 · Fundraising $1,129$329,647
IX-19 Conferences, conventions and meetingsPrograms $18,918$18,918
IX-20 InterestPrograms $88,322 · Management $5,225 · Fundraising $370$93,917
IX-22 Depreciation, depletion and amortizationPrograms $205,421 · Management $12,153 · Fundraising $861$218,435
IX-23 InsurancePrograms $80,595 · Management $4,768 · Fundraising $338$85,701
IX-24 Other expenses (24a–d)Programs $210,762 · Fundraising $10,145$220,907
IX-24e All other expensesPrograms $35,154 · Management $25,006 · Fundraising $34,666$94,826
IX-25 Total functional expensesPrograms $4,645,204 · Management $723,003 · Fundraising $195,317$5,563,524
Part X · Balance sheet $5,019,235 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,343,671$721,951
X-3 Pledges and grants receivableStart of year $59,802$37,941
X-4 Accounts receivableStart of year $96,374$118,863
X-9 Prepaid expenses and deferred chargesStart of year $99,035$152,602
X-10c Land, buildings and equipment, netStart of year $2,572,762$2,646,882
X-11 Publicly traded securitiesStart of year $372,001$1,193,039
X-15 Other assetsStart of year $53,598$147,957
X-16 Total assetsStart of year $4,597,243$5,019,235
X-17 Accounts payable and accrued expensesStart of year $432,609$467,384
X-19 Deferred revenueStart of year $342,052$617,633
X-25 Other liabilitiesStart of year $51,094$146,705
X-26 Total liabilitiesStart of year $3,254,532$3,559,117
X-27 Net assets without donor restrictionsStart of year $66,649$103,907
X-28 Net assets with donor restrictionsStart of year $1,276,062$1,356,211
X-32 Total net assets or fund balancesStart of year $1,342,711$1,460,118
X-33 Total liabilities and net assetsStart of year $4,597,243$5,019,235
Part XI · Reconciliation of net assets $1,460,118 net assets at year end
XI-1 Total revenue$5,643,221
XI-2 Total expenses$5,563,524
XI-3 Revenue less expenses$79,697
XI-4 Net assets at start of year$1,342,711
XI-5 Net unrealized gains (losses) on investments$37,710
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,460,118

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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