2026-05-15T08:08:43-05:00 2025-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2024-07-01 237412158 SHORECREST PREPARATORY SCHOOL INC SHOR 7275222111 5101 FIRST STREET NORTHEAST ST PETERSBURG FL 33703 LISA WYLIE CHIEF FINANCIAL OFFICER 7275222111 2026-05-15 1 1 MATTHEW PETROSKI P00853132 9257902600 2026-05-12 2024 2025-03-06 01:10:19Z NANCY SPENCER 5101 FIRST STREET NORTHEAST ST PETERSBURG FL 33703 39604450 0 X WWW.SHORECREST.ORG X 1923 FL SPS IS A COLLEGE PREPARATORY SCHOOL THAT EDUCATES LIFELONG LEARNERS. 21 21 341 100 0 0 2785096 3392203 33102650 33823351 1381115 1439604 58309 324254 37327170 38979412 2322009 2705412 0 0 19117776 20840868 0 0 876586 11930778 12277310 33370563 35823590 3956607 3155822 94739109 98603748 40523897 40163028 54215212 58440720 X A COLLEGE PREPARATORY SCHOOL THAT EDUCATES A DIVERSE COMMUNITY OF STUDENTS TO BECOME LIFELONG LEARNERS IN THE PURSUIT OF PERSONAL AND ACADEMIC EXCELLENCE, PHYSICAL WELL-BEING, CREATIVE ACHIEVEMENT AND THE DEVELOPMENT OF A COMMITMENT TO SOCIAL RESPONSIBILITY. 0 0 30598191 2705412 34023673 SHORECREST PREPARATORY SCHOOL EDUCATED 1,021 STUDENTS FROM PK3 THROUGH 12TH GRADE DURING THE 2024-2025 SCHOOL YEAR. THE 87 GRADUATES OF THE CLASS OF 2025 COLLECTIVELY CONTRIBUTED OVER 12,000 HOURS OF SERVICE TO THE COMMUNITY DURING THEIR TENURE AND WENT ON TO ATTEND AN IMPRESSIVE SELECTION OF COLLEGES AND UNIVERSITIES. THE YEAR BEGAN WITH THE COMPLETION OF THE CENTENNIAL STADIUM PROJECT, A NEW MULTI-SPORT TURF FIELD TO SUPPORT FOOTBALL, SOCCER, TRACK, AND THE ADDITION OF BOTH BOYS AND GIRLS LACROSSE. IN EARLY FALL, THE REGION WAS CHALLENGED BY BACK-TO-BACK HURRICANES. IN RESPONSE, THE SHORECREST COMMUNITY ESTABLISHED A DISASTER RELIEF FUND FOR IMPACTED FACULTY AND STAFF, DEMONSTRATING THE REMARKABLE RESILIENCE THAT DEFINES THE SCHOOL.ACADEMIC INNOVATION FLOURISHED WITH THE (CONTINUED ON SCHEDULE O) EXPANSION OF THE ROSS ROEDER INSTITUTE FOR FINANCIAL LITERACY, ENTREPRENEURSHIP AND ECONOMICS TO INCLUDE THE WARREN WORKSHOP, WHERE STUDENTS LEARN DIRECTLY FROM BUSINESS LEADERS. IN THE SPRING, THE 2025 SHORECREST GALA MADE HISTORY BY MARKING THE ESTABLISHMENT OF THE SCHOOL'S FIRST-EVER GENERAL ENDOWMENT. THE FUND, LAUNCHED THROUGH DONOR GIFTS TOTALING MORE THAN $2 MILLION, IS DESIGNED TO PROVIDE A PERMANENT, PREDICTABLE FUNDING STREAM THAT WILL SUPPORT INNOVATIVE EDUCATIONAL INITIATIVES AND OPPORTUNITIES FOR GENERATIONS TO COME. 30598191 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 115 0 1 341 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 FL X LISA WYLIE 7275222111 5101 FIRST STREET NORTHEAST ST PETERSBURG FL 33703 NANCY SPENCER HEAD OF SCHOOL 40.00 X 411346 0 31904 LISA WYLIE CFO 40.00 X 219356 0 15573 MICHAEL GILLIS DIRECTOR OF ADVANCEMENT 40.00 X 172212 0 23074 MARCUS HOLMES DIRECTOR OF FACILITIES 40.00 X 153500 0 16291 ANTHONY MCCALL DIRECTOR OF ATHLETICS 40.00 X 147988 0 19853 LISA BIANCO HEAD OF LOWER SCHOOL 40.00 X 129461 0 20680 KRISTINE GRANT HEAD OF MIDDLE SCHOOL 40.00 X 129204 0 19579 PAMELA H GREACEN CHAIR 1.00 X X 0 0 0 MATTHEW FREY VICE-CHAIR 1.00 X X 0 0 0 ANDREA SILVERMAN SECRETARY 1.00 X X 0 0 0 ADAM BEFELER MD TREASURER 1.00 X X 0 0 0 REBECCA ARMACOST TRUSTEE 1.00 X 0 0 0 MOHIT BANSAL TRUSTEE 1.00 X 0 0 0 WILLIAM T CONROY TRUSTEE 1.00 X 0 0 0 JEFF FREEDMAN TRUSTEE 1.00 X 0 0 0 CORY G GAFFNEY TRUSTEE 1.00 X 0 0 0 NATALIE GEBICKE TRUSTEE 1.00 X 0 0 0 JASON GREEN TRUSTEE 1.00 X 0 0 0 DARLA BROWNING-HUTTON TRUSTEE 1.00 X 0 0 0 ALEX LAVOIE TRUSTEE 1.00 X 0 0 0 ISAAC MCKINNEY III TRUSTEE 1.00 X 0 0 0 ADAM PRAWER MD TRUSTEE 1.00 X 0 0 0 JENINE RABIN TRUSTEE 1.00 X 0 0 0 SARAH LIND RIBEIRO EDD TRUSTEE 1.00 X 0 0 0 BRENT RICHARD TRUSTEE 1.00 X 0 0 0 MICHAEL SHER TRUSTEE 1.00 X 0 0 0 DAVID VETTER TRUSTEE 1.00 X 0 0 0 SHERRY WILLIAMS TRUSTEE 1.00 X 0 0 0 1363067 0 146954 17 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICES 1542802 EMERALD FACILITY MANAGEMENT PO BOX 8460 SEMINOLE FL 33775 JANITORIAL / CLEANING SERVICES 461888 FIRST CLASS COACH COMPANY 4783 37TH STREET N ST PETE FL 33714 BUS TRANSPORTATION 202097 PAINT BLUE COMPANY 10921 ENDEAVOUR WAY SUITE A2 SEMINOLE FL 33777 COMMERCIAL PAINTING 161008 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 145283 5 349724 3042479 23160 3392203 TUITION AND FEES 611710 30940389 30940389 AFTER SCHOOL AND SUMME 611710 1903293 1903293 TUTORING AND STUDY PRO 611710 672528 672528 STUDENT FEES 611710 255149 255149 ATHLETIC PROGRAMS 611710 51992 51992 33823351 1361567 1361567 74322 0 74322 74322 74322 321548 46667 191221 98957 130327 -52290 78037 78037 366045 349724 331134 34911 34911 18425 3726 14699 14699 MISCELLANEOUS INCOME 900099 194655 194655 FINANCE CHARGES 900099 5667 5667 200322 38979412 34023673 0 1563536 2705412 2705412 758417 101758 605781 50878 14495923 12524787 1599978 371158 860231 682994 139940 37297 3632983 2826515 651187 155281 1093314 918011 145435 29868 32387 32387 87947 87947 26207 26207 2250458 1640627 449693 160138 252150 179886 59737 12527 37543 35391 1454 698 364942 260353 86459 18130 697492 645247 47119 5126 130150 92285 31855 6010 80262 59553 20556 153 312859 294888 16671 1300 2736416 2579224 145819 11373 1784096 1682531 94217 7348 FOOD SUPPLIES/SERVICES 1500226 1497186 3040 STUDENT ACTIVITIES 775733 772129 3373 231 MINOR EQUIPMENT 483737 456009 18734 8994 OTHER EXPENSES 468840 388729 80111 255865 254676 1113 76 35823590 30598191 4348813 876586 3609860 3988897 34356072 33190776 1167937 2325035 242571 183605 162365 90612 58602 88064 739119 900968 57944717 25336200 32221353 32608517 11153171 13863847 202047 218136 10826012 11145291 94739109 98603748 2958454 2580153 16218786 16729262 10534789 10199233 550919 524863 10260949 10129517 40523897 40163028 X 48359143 50090552 5856069 8350168 54215212 58440720 94739109 98603748 X 3155822 1053597 16089 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11153171 1218487 1813736 321547 13863847 9293422 765461 1180178 85890 11153171 8233359 216000 868731 24668 9293422 9155433 414273 -1298408 37939 8233359 6542902 390082 2245405 22956 9155433 0.61536 0.28805 0.09659 0 0 424465 424465 41233283 16898991 24334292 4331165 1246520 3084645 11228642 7190689 4037953 727162 727162 32608517 OTHER ASSETS 562545 CONTRACTUAL TUITION RECEIVABLE 10081891 RIGHT-OF-USE ASSET 500855 11145291 UNCLAIMED PROPERTY 4317 FUNDS HELD FOR OTHERS 1136 CONTRACTUAL DEFERRED TUITION 10081891 REFUNDABLE RENT 42173 10129517 X 37395767 1053596 -2689323 -1635727 39031494 26207 -78289 -52082 38979412 33170259 0 33170259 26207 2627124 2653331 35823590 PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS INTENDED TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO SUPPORT THE SCHOOL'S CHARITABLE AND EDUCATIONAL PROGRAMS. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2025, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE CONSIDERED NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -2,705,412. CHANGE IN VALUE OF REMAINDER TRUST 16,089. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -78,289. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -78,288. FINANCIAL AID 2,705,412. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NON-DISCRIMINATION POLICY IS PUBLICIZED ON THE SCHOOL'S WEBSITE HOMEPAGE AS WELL AS IN OTHER AREAS THROUGHOUT THE WEBSITE. IN ADDITION, THE POLICY IS PUBLISHED IN ALL FAMILY HANDBOOKS. SCHEDULE E, PART I, LINE 6 SHORECREST RECEIVED FLORIDA TAX CREDIT PAYMENTS ON BEHALF OF STUDENTS. THE SHORECREST GALA 618313 340234 278079 68237 31345 122296 26893 16695 SHORE TO SHORECREST 5K 39149 0 39149 290 0 590 24317 3 58307 9490 48817 406 4801 17310 2200 15754 715769 349724 366045 68643 36436 139606 29683 56766 331134 34911 18425 3726 0 18425 3726 3726 14699 FL 0 A RAFFLE WAS CONDUCTED IN CONNECTION WITH THE ORGANIZATION'S ANNUAL CHARITY GALA. THE RAFFLE WAS CONDUCTED IN COMPLIANCE WITH APPLICABLE FLORIDA STATUTES. NO SEPARATE RAFFLE LICENSE WAS REQUIRED UNDER FLORIDA LAW DUE TO THE ORGANIZATION'S 501(C)(3) TAXEXEMPT STATUS. 0 0 0 0.00000 1.00000 ADVANCEMENT TEAM 5101 1ST ST NE ST PETERSBURG FL 33703 0 ADVANCEMENT TEAM FOR THE ONLINE RAFFLE THE SCHOOL USES A FUNDRAISING SOFTWARE PLATFORM TO TRACK RAFFLE PROCEEDS, AND THE ADVANCEMENT TEAM CONDUCTS THE WINNER DRAWING AT THE SCHOOL'S GALA. 0 1 0 0 TRUSTEE SCHOLARSHIP 8 0 230873 FMV TUITION FINANCIAL AID 180 0 2474539 FMV TUITION PART I, LINE 2: THE SCHOOL USES FACTS GRANT & AID TO ASSESS NEED-BASED FINANCIAL AID. THE HEAD OF SCHOOL, CFO AND ADMISSIONS DIRECTOR MAKE FINANCIAL AID AWARD DECISIONS WITHIN THE LIMITS SET BY THE FINANCE COMMITTEE AND BOARD OF TRUSTEES. GRANTS ISSUED TO STUDENTS MUST BE USED FOR TUITION. THE STUDENT HAS NO DISCRETION TO USE THE FUNDS FOR A NON-EDUCATIONAL PURPOSE. X X 0 1 X X X 0 0 0 0 0 0 0 1 0 NANCY SPENCER HEAD OF SCHOOL 348185 0 13161 0 50000 0 21949 0 9955 0 443250 0 0 0 LISA WYLIE CFO 213703 0 5653 0 0 0 14959 0 614 0 234929 0 0 0 MICHAEL GILLIS DIRECTOR OF ADVANCEMENT 171501 0 711 0 0 0 13140 0 9934 0 195286 0 0 0 MARCUS HOLMES DIRECTOR OF FACILITIES 123311 0 8211 0 21978 0 7428 0 8863 0 169791 0 0 0 ANTHONY MCCALL DIRECTOR OF ATHLETICS 138677 0 711 0 8600 0 10316 0 9537 0 167841 0 0 0 LISA BIANCO HEAD OF LOWER SCHOOL 128750 0 711 0 0 0 11166 0 9514 0 150141 0 0 0 PART I, LINE 1A ALL ELIGIBLE EMPLOYEES RECEIVED A DISASTER RELIEF BONUS THAT WAS GROSSED UP $500 NET FOR FULLTIME EMPLOYEES, AND $250 NET FOR PART TIME EMPLOYEES. THE SCHOOL PROVIDED A HOUSING ALLOWANCE FOR PERSONAL USE TO MARCUS HOLMES, DIRECTOR OF FACILITIES. THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION IN THE AMOUNT OF $21,978.39 FOR THE 6/30/2025 FISCAL YEAR END. PART I, LINE 7 NANCY SPENCER RECEIVED A DISCRETIONARY BONUS OF $12,500, WHICH WAS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES. MARCUS HOLMES RECEIVED A DISCRETIONARY BONUS OF $7,500, AND LISA WYLIE RECEIVED A DISCRETIONARY BONUS OF $5,000; BOTH BONUSES WERE DETERMINED BY THE HEAD OF SCHOOL. ON OCTOBER 25, ALL ELIGIBLE EMPLOYEES RECEIVED A BONUS THAT WAS GROSSED UP TO PROVIDE NET AMOUNTS OF $500 FOR FULL-TIME EMPLOYEES AND $250 FOR PART-TIME EMPLOYEES. THIS BONUS WAS PROVIDED FOR DISASTER RELIEF PURPOSES IN LIEU OF THE NORMAL HOLIDAY BONUSES THAT ARE TYPICALLY PAID IN DECEMBER AND WAS APPROVED BY THE BOARD OF TRUSTEES. A PINELLAS COUNTY EDUCATIONAL FACILITIES AUTHORITY 596000800 2021-02-25 7211000 REFINANCE & CONSTRUCT CHARGER COMMONS 0 0 0 B PINELLAS COUNTY EDUCATIONAL FACILITIES AUTHORITY 596000800 2015-05-01 8100000 REFINANCE & CONSTRUCT EDUCATIONAL FACILITIES 0 0 0 A 2787108 7211000 7211000 2049 1 0 1 0 B 2079754 8100000 8100000 2030 1 0 1 0 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 0 A 0 B 0 NANCY SPENCER HEAD OF SCHOOL HOUSING LOAN X 150000 90612 0 1 1 90612 ANNE MICHELLE FREY FAMILY MEMBER OF MATTHEW FREY, TRUSTEE 98139 EMPLOYMENT 0 DONNA CONROY FAMILY MEMBER OF WILLIAM CONROY, TRUSTEE 62078 EMPLOYMENT 0 FORM 990, PART VI, SECTION B, LINE 11B THE CFO, THE CONTROLLER, HEAD OF SCHOOL, AND BOARD OF TRUSTEES REVIEW THE FORM 990 BEFORE FILING WITH THE IRS. EACH TRUSTEE IS THEN PROVIDED A REVIEWED FORM 990 WITHOUT SCHEDULE B FOR THE PROTECTION OF DONOR CONFIDENTIALITY. FORM 990, PART VI, SECTION B, LINE 12C IF A CONFLICT OF INTEREST EXISTS, THE TRUSTEE SHALL INFORM THE BOARD IMMEDIATELY AND SHALL NOT PARTICIPATE IN ANY DISCUSSION OR VOTE WITH RESPECT TO THE CONFLICTED TRANSACTION. IF AN ENTITY RELATED TO THE TRUSTEE OR THE TRUSTEE'S FAMILY IS NEGOTIATING A TRANSACTION OR ARRANGEMENT, THE SCHOOL MUST SOLICIT AT LEAST ONE OTHER BID. THE CONFLICT OF INTEREST STATEMENT IS COMMUNICATED TO FACULTY AND STAFF IN THE EMPLOYEE HANDBOOK. ALL FACULTY AND STAFF RECEIVE AND ARE REQUIRED TO SIGN A FORM ACKNOWLEDGING RECEIPT OF THE HANDBOOK ON AN ANNUAL BASIS. THE BOARD CHAIR OR EXECUTIVE COMMITTEE WOULD ADDRESS ANY POTENTIAL CONFLICTS WHICH MAY ARISE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY THE BOARD OF TRUSTEES. THE BOARD RELIES UPON COMPARABILITY DATA INCLUDING STATISTICAL COMPENSATION DATA FROM THE NAIS WEBSITE FOR SCHOOLS IN THE SOUTHEAST WITH GREATER THAN 700 STUDENTS ENROLLED. THE BOARD OF TRUSTEES DOCUMENTS THE BASIS FOR ITS DETERMINATION IN MEETING MINUTES CONCURRENTLY WITH MAKING ITS DETERMINATION. WHEN DETERMINING COMPENSATION FOR OFFICERS, THE HEAD OF SCHOOL RELIES UPON COMPARABILITY DATA INCLUDING STATISTICAL COMPENSATION DATA FROM THE NAIS WEBSITE FOR SCHOOLS IN THE SOUTHEAST WITH GREATER THAN 700 STUDENTS ENROLLED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF REMAINDER TRUST 16,089.