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Granada Preparatory School Inc

EIN 95-3257811 · Chatsworth, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak44 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

GRANADA PREPARATORY SCHOOL IS AN INTERNATIONAL BACCALAURATE WORLD SCHOOL THAT SEEKS TO ENCOURAGE STUDENTS' PERSONAL DEVELOPMENT AND ACADEMIC ACHIEVEMENT WITH THE GOAL OF BECOMING THOUGHFUL LEADERS IN SOCIETY AND THE WORLD.

Income
$2.3 million
Spending
$2.5 million
Spent on programs
87%
Reserves
1 months of spending
Largest source of income
fees for its services, 98%
Employees
64
Volunteers
20
Highest pay
$103,507, head of school

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 44 out of 100. Higher than 20% of charities in its peer group (education, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.0 months of spending.

  • Debt

    5 of 20

    It owes 74% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 5% of income.

  • Income trend

    10 of 15

    Income fell 3% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 85 out of 100. Higher than 47% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $2.1 million spent. GRANADA PREPARTORY SCHOOL IS THE RESULT OF THE UNION OF TWO OUTSTANDING SCHOOLS THAT HAVE BEEN OPERATING IN THE SAN FERNANDO VALLEY FOR OVER 40 YEARS.CHATSWORTH HILLS ACADEMY HAS BEEN EDUCATING STUDENTS FROM PRESCHOOL TO 8TH GRADE SINCE 1977 AND IS A DESIGNATED WORLD SCHOOL, AUTHORIZED BY THE INTERNATIONAL BACCALAUREATE OFFICE FOR BOTH THE PRIMARY YEARS PROGRAM (PYP) AND MIDDLE YEARS PROGRAM (MYP). THE IB IS CONSIDERED TO BE THE GOLD STANDARD IN THE WORLD OF EDUCATION TODAY AND ENSURES THAT STUDENTS ARE PREPARED FOR SUCCESS IN THE TOP HIGH SCHOOL AND POST SECONDARY PROGRAMS IN THE USA AND BEYOND.FIRST PRESBYTERIAN SCHOOL HAS AN OUTSTANDING PRESCHOOL PROGRAM AND IS KNOWN FOR TEACHING STRONG PERSONAL VALUES AND CREATING A WARM AND CARING COMMUNITY.GRANADA PREPARTORY SCHOOL COMBINES THE STRENGTHS OF BOTH SCHOOLS WITH A COMMON VISION THAT OUR STUDENTS WILL BE KIND, CREATIVE, COMPASSIONATE, LIFE-LONG LEARNERS INSPIRED TO TAKE SHARED GUARDIANSHIP OF THE PLANET AND CREATE A BETTER WORLD. FORM 990, PART VI, SECTION A, LINE 8B:THE SCHOOL DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ONBEHALF OF THE GOVERNING BODY.FORM 990, PART VI, SECTION B, LINE 11B:THE HEAD OF SCHOOL, BUSINESS MANAGER, AND TREASURER REVIEW THE TAX RETURNSPRIOR TO FILING. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE BOARDOF TRUSTEES PRIOR TO FILING.FORM 990, PART VI, SECTION B, LINE 12C:OFFICERS, DIRECTORS AND TRUSTEES SIGN THE CONFLICT OF INTERESTREPRESENTATION ANNUALLY. NO BUSINESS IS TRANSACTED WITH OFFICERS, DIRECTORSOR TRUSTEES WITHOUT CLEAR DISCLOSURE OF THE POTENTIAL CONFLICT AND WAIVERTHEREOF BY THE BOARD. IF AN INDIVIDUAL BELIEVES THAT HE OR SHE MAY HAVE ACONFLICT OF INTEREST, THE INDIVIDUAL MUST PROMPTLY AND FULLY DISCLOSE TOTHE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES AND SHALL REFRAIN FROMPARTICIPATING IN ANY WAY IN THE MATTER IN WHICH THE CONFLICT RELATES UNTILTHE CONFLICT HAS BEEN RESOLVED. THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEW, EVALUATION AND MAKE A RECOMMENDATION TO THE BOARD OFTRUSTEES FOR FINAL DECISION. AN INTERESTED TRUSTEE WILL NOT PARTICIPATE INTHE FINAL DECISION.FORM 990, PART VI, SECTION B, LINE 15:THE PROCESS FOR DETERMINING THE HEADMASTERS COMPENSATION INCLUDES THECOLLECTION OF COMPARABILITY DATA FROM OTHER SIMILAR LOCAL INDEPENDENTSCHOOLS FOR HEAD OF SCHOOL POSITIONS, AS WELL AS COMPARABILITY DATAPROVIDED BY INDEPENDENT SCHOOL MANAGEMENT. SUCH INFORMATION ISREVIEWED BY THE SCHOOLS FINANCE COMMITTEE AND A RECOMMENDED COMPENSATIONAMOUNT IS DETERMINED AND THEN APPROVED BY THE BOARD. THE HEAD OF SCHOOL SETS THE COMPENSATION FOR ALL OTHER EMPLOYEES IN CONJUCTION WITH THE FINANCE COMMITTEE AND BOARD APPROVED BUDGET.FORM 990, PART VI, SECTION C, LINE 19:THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, ANDFINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE SCHOOLSBUSINESS OFFICE.

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1980.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.