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New Mexico · Nonprofit

SANTA FE PREPARATORY SCHOOL

SANTA FE PREPARATORY SCHOOL (New Mexico) receives grants from 51 organizations whose IRS filings report $43,517,154 to it, the largest being Shelby Cullom Davis Charitable Fund Inc ($38,154,837). 31 of them have funded it in more than one year.

Revenue FY2025
$22M
Funders on record
51
Grants received
$44M
Net assets
$31M
31/51 repeat funderspeak grant-dependency 58%
01What it does

What Santa Fe Preparatory School does

Mission

Santa Fe Preparatory School is an independent co-educational college preparatory day school, grades 7 through 12, dedictaed to educational excellence.

As stated on its FY2025 Form 990.

Programs

  1. The school provides a college preparatory education to approximately 330 students in grades 7 through 12. The school also hosts the ee ford summer teachers colloquium serving approximately 40 teachers.

    $8,336,753 spent$8,480,565 earned by the program
    27% of program spending
  2. Davis new mexico scholars and breakthrough santa fe (breakthrough): breakthrough is a prep program that assist students in grades 7 through 12 from underserved public schools to become the first in their families to go to college. Students commit to the program for 6 years and participate in summer programming, school year support, and one-on-one college counseling. Breakthrough santa fe also partners with the shelby cullom davis charitable fund, inc. To administer and award full-tuition college scholarships to students participating in the davis new mexico scholars program (davis new mexico). As of june 30, 2024, approximately 137 davis new mexico scholarship recipients are enrolled in college.

    $23,076,057 spentof which $22,295,750 as grants
    73% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $31,412,810.

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 ($21M) Expenses 100 ($20M) Net assets 100 ($32M)2018 Revenue 50 ($11M) Expenses 77 ($15M) Net assets 88 ($28M)2019 Revenue 137 ($29M) Expenses 86 ($17M) Net assets 128 ($40M)2020 Revenue 69 ($15M) Expenses 84 ($17M) Net assets 119 ($38M)2021 Revenue 169 ($36M) Expenses 97 ($19M) Net assets 186 ($59M)2022 Revenue 97 ($21M) Expenses 107 ($21M) Net assets 167 ($53M)2023 Revenue 71 ($15M) Expenses 100 ($20M) Net assets 157 ($49M)2024 Revenue 51 ($11M) Expenses 98 ($19M) Net assets 133 ($42M)2025 Revenue 102 ($22M) Expenses 175 ($35M) Net assets 98 ($31M)
'17'18'19'20'21'22'23'24'25
Revenue (102)Expenses (175)Net assets (98)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 2020 to 2021, from $56M to $79M (+41%).

$43M
$42M
$57M
$56M
$79M
$77M
$73M
$66M
$73M
'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 2%. Grants only. Government contracts and fees sit inside program revenue.

45% of SANTA FE PREPARATORY SCHOOL’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

$1.6M
’17
−$4.5M
’18
$12M
’19
−$1.8M
’20
$17M
’21
−$548k
’22
−$4.5M
’23
−$8.4M
’24
−$13M
’25
5.3
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

Jenny Kaufman

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed272624242621222223
Joined·+5+4+3+3+3+8+11+2
No longer listed·663187111
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 15 funders to 21 funders, grant income rose $475k → $8.9M.

16 of 51 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $135k from one payer (the same organization on both sides, largest Santa Fe Preparatory School). These are real filings, and they are not money SANTA FE PREPARATORY SCHOOL raised.

From the IRS filings of SANTA FE PREPARATORY SCHOOL’s funders (the co-funder graph). Top 30 of 51 funders by total. 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

SANTA FE PREPARATORY SCHOOL leans on a few funders — its largest provides 88% of grant income and the top three 91%; half comes from just 1 funder.

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

88%
largest funder
91%
top three
~1
effective funders

Largest funder’s share by year: 2017 25% · 2018 26% · 2019 21% · 2020 89% · 2021 92% · 2022 93% · 2023 90% — 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.

How long its funders stay

54% of SANTA FE PREPARATORY SCHOOL's funders are still giving 3 years after their first grant; 61% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

SANTA FE PREPARATORY SCHOOL draws 98% of its grant income from funders outside New Mexico, across 17 states in all.

WA
MN
IL
WI
NY
MA
NV
PA
NJ
CT
CA
CO
DE
NM
KS
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
New Mexico out of state home

Funder states come from each funder’s own filing. $3.3M arriving through sponsors registered in 12 states 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

SANTA FE PREPARATORY SCHOOL is better cushioned than half of the 3,758 education nonprofits its size.

Operating margin−58% · bottom quartile
Months of reserve5.3mo · above the median
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like SANTA FE PREPARATORY 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 New Mexico

Nationally

05Profile & governance

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

Where the money goes

91% of spending goes to programs.

Program 91%Management 8%Fundraising 1%

Governance

17
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for SANTA FE PREPARATORY 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.

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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 SANTA FE PREPARATORY SCHOOL?
SANTA FE PREPARATORY SCHOOL (New Mexico) receives grants from 51 organizations whose IRS filings report $43,517,154 to it, the largest being Shelby Cullom Davis Charitable Fund Inc ($38,154,837). 31 of them have funded it in more than one year.
How many funders does SANTA FE PREPARATORY SCHOOL have?
IRS filings report 51 organizations giving $43,517,154 in grants to SANTA FE PREPARATORY SCHOOL, 31 of which have funded it in more than one year.
Who is the largest funder of SANTA FE PREPARATORY SCHOOL?
Shelby Cullom Davis Charitable Fund Inc is the largest funder on record, with $38,154,837 in grants. The full list of funders is on this page.
How can an organization like SANTA FE PREPARATORY SCHOOL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 51 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