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South Carolina · Nonprofit

Carolina International Prep School

Carolina International Prep School (South Carolina) receives grants from 2 organizations whose IRS filings report $819 to it, the largest being GE AEROSPACE FOUNDATION ($695). 2 of them have funded it in more than one year.

Revenue FY2025
$1.0M
Funders on record
2
Grants received
$819
Net assets
$860k
2/2 repeat funderspeak grant-dependency 0%
01What it does

What Carolina International Prep School does

Mission

Carolina prep is a school for preschool through primary formed to build a diverse, positive, stimulating learning environment which values excellence in academics, leadership, and service.

As stated on its FY2025 Form 990.

Program

  1. To build a diverse, positive, stimulating learning environment which values excellence in academics, leadership, and service. Sevenity-seven students enrolled currently.

    $967,288 spent$645,820 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $967,288.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.2M) Expenses 100 ($1.3M) Net assets 100 ($457k)2018 Revenue 94 ($1.2M) Expenses 86 ($1.1M) Net assets 118 ($539k)2019 Revenue 96 ($1.2M) Expenses 87 ($1.1M) Net assets 140 ($638k)2020 Revenue 88 ($1.1M) Expenses 84 ($1.0M) Net assets 149 ($679k)2021 Revenue 79 ($976k) Expenses 65 ($819k) Net assets 183 ($836k)2022 Revenue 98 ($1.2M) Expenses 78 ($981k) Net assets 234 ($1.1M)2023 Revenue 77 ($952k) Expenses 83 ($1.0M) Net assets 214 ($975k)2024 Revenue 73 ($901k) Expenses 74 ($931k) Net assets 207 ($946k)2025 Revenue 85 ($1.0M) Expenses 90 ($1.1M) Net assets 188 ($860k)
'17'18'19'20'21'22'23'24'25
Revenue (85)Expenses (90)Net assets (188)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.8M to $1.6M (−9%).

$1.8M
$1.7M
$1.8M
$1.9M
$1.9M
$2.0M
$1.9M
$1.8M
$1.6M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 15% · 2022 10% · 2025 9%. Grants only. Government contracts and fees sit inside program revenue.

9% of Carolina International Prep School’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$15k
’17
$82k
’18
$99k
’19
$41k
’20
$157k
’21
$233k
’22
−$94k
’23
−$30k
’24
−$86k
’25
3.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Sung Chong

Board chair and secretary

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed478866856
Joined·+5+2+2+3+3+2+0+3
No longer listed·21253032
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $619 → $26.

Funder
'20
'21
'22
'23
total
funders
2
2
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Carolina International Prep School’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Carolina International Prep School leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

85%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 93% · 2021 76% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Carolina International Prep School draws 100% of its grant income from funders outside South Carolina, across 1 state in all.

CT

In-state vs out-of-state, by year

’20
’21
South Carolina out of state home

Funder states come from each funder’s own filing. $124 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Carolina International Prep School's revenue fell 15% between 2017 and 2025.

Operating margin−8% · bottom quartile
Months of reserve3.0mo · below the median
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like Carolina International Prep School

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

SC

Screen this organization

A dated, signed PDF of the compliance screen for Carolina International Prep School: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Carolina International Prep School?
Carolina International Prep School (South Carolina) receives grants from 2 organizations whose IRS filings report $819 to it, the largest being GE AEROSPACE FOUNDATION ($695). 2 of them have funded it in more than one year.
How many funders does Carolina International Prep School have?
IRS filings report 2 organizations giving $819 in grants to Carolina International Prep School, 2 of which have funded it in more than one year.
Who is the largest funder of Carolina International Prep School?
GE AEROSPACE FOUNDATION is the largest funder on record, with $695 in grants. The full list of funders is on this page.
How can an organization like Carolina International Prep School find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Carolina International Prep School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing