Success School FY2023 filing

Tax-deductible

Surprise, AZ501(c)(3)Since 2001EducationEIN 86-1023123

To empower all students to be responsible and successful citizens

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$309K 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

FY2023 · 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 5
filings with a surplus
Average surplus $652K a year · 5% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$309K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$15.6M
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.1M
+15% vs prior year
Spent
$12.2M
To programs
95%
Net assets
$3.3M
By yearFY2021–FY2025
Revenue
$13.1M
FY2023▲ +15%
Revenue by fiscal year
FY2021$9.6M
FY2022$11.4M
FY2023$13.1M
FY2024$12.9M
FY2025$12.8M
Expenses
$12.2M
FY2023▲ +10%
Expenses by fiscal year
FY2021$8.7M
FY2022$11.1M
FY2023$12.2M
FY2024$12.1M
FY2025$12.4M
Net assets
$3.3M
FY2023▲ +39%
Net assets by fiscal year
FY2021$2.1M
FY2022$2.4M
FY2023$3.3M
FY2024$4.1M
FY2025$4.5M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2001.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $11.6M Management & general 4% · $502K Fundraising 1% · $91K

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

Who runs it and what they're paid

8 people listed on the 990; $309K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
VP/Chief Academic Officer
$125,337Pt VII · Sec A
President/CEO
$103,565Pt VII · Sec A
Dir Enrollment & Communcations
$80,368Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Henderson H’s $149K as VP/Chief Academic Officer is at the 15th percentile of top reported officer pay among 3683 $10–100M 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Henderson H$148,999$142,800$125,337$124,645$123,750
Holdaway M$147,241$123,855$103,565$116,874$118,058
Montenegro M—$90,700$80,368$66,568—

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.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering all students to become responsible and successful citizens.

Provided by the organization

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1 program service account for $11.6M of program spending, described in the organization's own filed words · FY2022.
01

Education k through 8, serving approximately 950 students.

$11.6Mprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Gcon GivesFY2025$5K
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$13.1M
Ln 12
Fees for servicesLn 2g$7.9M
Gifts and grantsLn 1h$5.0M
Other incomeLn 4–11$215K
Money outPt IX
$12.2M
Ln 25
Programscol B$11.6M
Managementcol C$502K
Fundraisingcol D$91K
Owns and owesPt X
$3.3M
net assets · Ln 32
Cash and savingsLn 1–2$4.6M
Total assetsLn 16$18.9M
LiabilitiesLn 26$15.6M
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.0M
Government grantsLn 1e$4.9M
Fees for servicesLn 2g$7.9M
Other incomeLn 4–11$215K
Total revenueLn 12$13.1M
Assets in detailPt X, end of year
CashLn 1$4.6M
Cash and savings togetherLn 1–2$4.6M
Land, buildings, equipmentLn 10c$14.1M
Other assetsLn 15$71K
Total assetsLn 16$18.9M
LiabilitiesLn 26$15.6M
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 5147
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$3.3M$4.6M
Land, buildings, equipmentLn 10c$14.4M$14.1M
Total assetsLn 16$18.3M$18.9M
LiabilitiesLn 26$16.0M$15.6M
Net assetsLn 32$2.4M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$309K$206K$104K
Other salaries and wagesLn 7$6.2M$6.1M$88K
Pension plan contributionsLn 8$641K$560K$80K
Other employee benefitsLn 9$457K$456K$409
Payroll taxesLn 10$1.2M$1.1M$23K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$17K$17K
Other fees for servicesLn 11g$117K$117K
Advertising and promotionLn 12$80K$80K
InterestLn 20$720K$720K
Depreciation, depletion and amortizationLn 22$552K$552K
InsuranceLn 23$67K$67K
Other expenses (24a–d)Ln 24$1.4M$1.3M$7K$73K
All other expensesLn 24e$535K$454K$64K$17K
Total functional expensesLn 25$12.2M$11.6M$502K$91K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.8M$12.4M$405K$4.5M 990 PDF
FY2024 $12.9M$12.1M$820K$4.1M 990 PDF
FY2023 Viewing $13.1M$12.2M$924K$3.3M 990 PDF
FY2022 $11.4M$11.1M$274K$2.4M 990 PDF
FY2021 $9.6M$8.7M$835K$2.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $13,126,605 across 6 lines filed
VIII-1e Government grants$4,927,941
VIII-1f All other contributions, gifts and grants$79,991
VIII-1h Total contributions, gifts and grants$5,007,932
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,903,316$7,903,316
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $215,357$215,357
VIII-12 Total revenueRelated to mission $8,118,673 · Unrelated business $0 · Excluded from tax $0$13,126,605
Part IX · Statement of functional expenses $12,202,633 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $205,705 · Management $103,565$309,270
IX-7 Other salaries and wagesPrograms $6,079,908 · Management $87,521$6,167,429
IX-8 Pension plan contributionsPrograms $560,390 · Management $80,235$640,625
IX-9 Other employee benefitsPrograms $456,117 · Management $409$456,526
IX-10 Payroll taxesPrograms $1,137,877 · Management $23,093$1,160,970
IX-11b Legal feesManagement $3,060$3,060
IX-11c Accounting feesManagement $16,555$16,555
IX-11g Other fees for servicesManagement $116,813$116,813
IX-12 Advertising and promotionPrograms $79,521$79,521
IX-20 InterestPrograms $719,729$719,729
IX-22 Depreciation, depletion and amortizationPrograms $551,520$551,520
IX-23 InsurancePrograms $67,282$67,282
IX-24 Other expenses (24a–d)Programs $1,298,157 · Management $7,243 · Fundraising $73,259$1,378,659
IX-24e All other expensesPrograms $453,575 · Management $63,788 · Fundraising $17,311$534,674
IX-25 Total functional expensesPrograms $11,609,781 · Management $502,282 · Fundraising $90,570$12,202,633
Part X · Balance sheet $18,912,269 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $3,250,029$4,617,222
X-4 Accounts receivableStart of year $585,752$161,210
X-10c Land, buildings and equipment, netStart of year $14,421,775$14,062,423
X-15 Other assetsStart of year $51,585$71,414
X-16 Total assetsStart of year $18,309,141$18,912,269
X-17 Accounts payable and accrued expensesStart of year $1,261,281$1,458,044
X-26 Total liabilitiesStart of year $15,950,375$15,629,531
X-27 Net assets without donor restrictionsStart of year $2,358,366$3,282,338
X-28 Net assets with donor restrictionsStart of year $400$400
X-32 Total net assets or fund balancesStart of year $2,358,766$3,282,738
X-33 Total liabilities and net assetsStart of year $18,309,141$18,912,269
Part XI · Reconciliation of net assets $3,282,738 net assets at year end
XI-1 Total revenue$13,126,605
XI-2 Total expenses$12,202,633
XI-3 Revenue less expenses$923,972
XI-4 Net assets at start of year$2,358,766
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,282,738

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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