Harvey School FY2020 filing

Tax-deductible

Katonah, NY501(c)(3)Since 1916EducationEIN 13-1740454Revenue $18.4M in FY2020

On file with the IRSharveyschool.org260 Jay St, 10536-3707 · Katonah, NYTax-exempt since Dec 1946School — 170(b)(1)(A)(ii)

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A coeducational college-preparatory School for students in grades 6-12.

501(c)(3) charity; gifts are tax-deductible.
64¢ of each $1 spent went to programs.
$1.3M 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

FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $1.2M a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
64%
of spending
Worth a look: 64% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 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
$12.8M
46% of total assets
Looks good: liabilities are 46% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 22 voting members
Looks good: 21 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$18.4M
Spent
$17.9M
To programs
64%
Net assets
$15.1M
By yearFY2020–FY2024
Revenue
$18.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$18.4M
FY2021$20.0M
FY2022$22.5M
FY2023$21.8M
FY2024$22.4M
Expenses
$17.9M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$17.9M
FY2021$17.7M
FY2022$19.7M
FY2023$21.5M
FY2024$22.6M
Net assets
$15.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$15.1M
FY2021$16.9M
FY2022$19.1M
FY2023$20.0M
FY2024$20.8M

From the FY2020 Form 990 (year ending June 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1946.

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

Where the money goes

64 cents of each dollar spent went to programs.

Program services 64% · $11.4M Management & general 31% · $5.5M Fundraising 6% · $989K

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

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Who runs it and what they're paid

29 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President & Head of School
$285,000Pt VII · Sec A
Head of Upper School
$149,590Pt VII · Sec A
Director of Admissions
$149,572Pt VII · Sec A
Former Headmaster
$145,000Pt VII · Sec A
Director of Finance & Operations
$142,551Pt VII · Sec A
Head of Middle School
$140,683Pt VII · Sec A
Director of Development
$139,018Pt VII · Sec A
Director of Buildings & Grounds
$134,355Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
William J Knauer$305,978$290,733$289,044$280,493$285,000
Philip Lazzaro$157,626$152,508$147,822$146,970$149,590
Alexander Brooks-Barr$153,000————
Brendan Byrne$152,949$148,075$143,051$140,670$140,683
William Porter————$149,572
James Skrip—$146,914$143,467$142,792$142,551
Barry Fenstermacher——$143,368$143,368$145,000
Barry W Fenstermacher—$143,368———

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates middle and high school students for college.

Provided by the organization

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3 programs · $11.4M · in their own filed words · FY2019
01

Educational and Scholastic Programs

The harvey school offers a traditional college-preparatory curriculum for grades 6-12, with an optional 5-DAY residential program for students in grades 9-12, that inspires critical and creative thinking while instilling and nurturing the values of self-respect and self-reliance.

$10.4Mprogram expense
02

Summer Programs

Children in grades 2-9 can pursue their passion, choosing from programs and activities that fit their interests. Guided by skilled educators and experienced professionals, children develop the confidence that comes from mastering new pursuits and meeting others with similar interests.

$537Kprogram expense
03

Ice Skating Rink Programs

The fully enclosed ice rink is home to harvey hockey and also offers a variety of instructional skating programs including figure, free style, hockey and recreational skating. The arena operates all year round and was built to serve not only the harvey community but the greater bedford-katonah community.

$439Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$5K
Grants paid · 2 grants · $5.2M · 2019–2020
Unitemized GrantFY2020$2,494,103
Unitemized GrantFY2019$2,723,057

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$18.4M
Ln 12
Fees for servicesLn 2g$16.9M
Gifts and grantsLn 1h$1.3M
Other incomeLn 4–11$157K
Money outPt IX
$17.9M
Ln 25
Programscol B$11.4M
Managementcol C$5.5M
Fundraisingcol D$989K
Owns and owesPt X
$15.1M
net assets · Ln 32
Cash and savingsLn 1–2$4.5M
Total assetsLn 16$27.9M
LiabilitiesLn 26$12.8M
PeoplePt VI, VII
29
listed · VII A
PaidVII A8
Voting boardVI 1a22
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$16.9M
Investment incomeLn 3$75K
Other incomeLn 4–11$157K
Gains on assetsLn 7$8K
Total revenueLn 12$18.4M
Assets in detailPt X, end of year
CashLn 1$1.6M
SavingsLn 2$2.9M
Cash and savings togetherLn 1–2$4.5M
InvestmentsLn 11–13$6.0M
Land, buildings, equipmentLn 10c$16.1M
Other assetsLn 15$2K
Total assetsLn 16$27.9M
LiabilitiesLn 26$12.8M
Net assetsLn 32$15.1M
OperationsPt I, VI
EmployeesI 5185
VolunteersI 640
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 FY20End FY20
Cash and savingsLn 1–2$3.5M$4.5M
InvestmentsLn 11–13$6.0M$6.0M
Land, buildings, equipmentLn 10c$16.4M$16.1M
Total assetsLn 16$27.0M$27.9M
LiabilitiesLn 26$12.6M$12.8M
Net assetsLn 32$14.4M$15.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2.7M$2.7M
Pay of current officers, directors and key staffLn 5$479K$462K$16K
Other salaries and wagesLn 7$7.7M$5.3M$2.0M$413K
Pension plan contributionsLn 8$208K$164K$36K$9K
Other employee benefitsLn 9$1.3M$944K$274K$51K
Payroll taxesLn 10$658K$479K$153K$27K
Legal feesLn 11b$11K$657$9K$2K
Accounting feesLn 11c$45K$3K$36K$6K
Other fees for servicesLn 11g$100K$6K$80K$14K
Advertising and promotionLn 12$241K$14K$193K$34K
Office expensesLn 13$740K$44K$592K$104K
OccupancyLn 16$280K$17K$224K$39K
InterestLn 20$281K$17K$225K$39K
Depreciation, depletion and amortizationLn 22$717K$43K$573K$102K
InsuranceLn 23$189K$11K$151K$26K
Other expenses (24a–d)Ln 24$1.8M$1.4M$363K$64K
All other expensesLn 24e$440K$302K$95K$44K
Total functional expensesLn 25$17.9M$11.4M$5.5M$989K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $22.4M$22.6M−$201K$20.8M 990 PDF
FY2023 $21.8M$21.5M$294K$20.0M 990 PDF
FY2022 $22.5M$19.7M$2.9M$19.1M 990 PDF
FY2021 $20.0M$17.7M$2.2M$16.9M 990 PDF
FY2020 Viewing $18.4M$17.9M$570K$15.1M 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 FY2020 990 (6 parts)
Part I · Summary $18,435,312 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,738,920$1,291,407
I-9 Program service revenuePrior year $17,232,300$16,911,621
I-10 Investment incomePrior year $177,449$75,173
I-11 Other revenuePrior year $283,057$157,111
I-12 Total revenuePrior year $19,431,726$18,435,312
I-13 Grants and similar amounts paidPrior year $2,605,918$2,723,057
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $10,179,199$10,316,852
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,622,285$4,825,419
I-18 Total expensesPrior year $18,407,402$17,865,328
I-19 Revenue less expensesPrior year $1,024,324$569,984
Part VI · Governance 21 of 22 board members independent, 1 to look at
VI-1a Voting members of the governing body22
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $18,435,312 across 7 lines filed
VIII-1f All other contributions, gifts and grants$1,291,407
VIII-1h Total contributions, gifts and grants$1,291,407
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $16,678,895 · Unrelated business $232,726$16,911,621
VIII-3 Investment incomeExcluded from tax $66,999$66,999
VIII-6 Net rental income or lossExcluded from tax $157,111$157,111
VIII-7 Net gain or loss on sales of assetsExcluded from tax $8,174$8,174
VIII-12 Total revenueRelated to mission $16,678,895 · Unrelated business $232,726 · Excluded from tax $232,284$18,435,312
Part IX · Statement of functional expenses $17,865,328 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $2,723,057$2,723,057
IX-5 Pay of current officers, directors and key staffManagement $462,129 · Fundraising $16,494$478,623
IX-7 Other salaries and wagesPrograms $5,266,480 · Management $2,023,014 · Fundraising $412,728$7,702,222
IX-8 Pension plan contributionsPrograms $163,781 · Management $35,505 · Fundraising $8,561$207,847
IX-9 Other employee benefitsPrograms $944,387 · Management $274,102 · Fundraising $51,298$1,269,787
IX-10 Payroll taxesPrograms $478,901 · Management $152,743 · Fundraising $26,729$658,373
IX-11b Legal feesPrograms $657 · Management $8,760 · Fundraising $1,533$10,950
IX-11c Accounting feesPrograms $2,687 · Management $35,835 · Fundraising $6,271$44,793
IX-11g Other fees for servicesPrograms $6,007 · Management $80,091 · Fundraising $14,016$100,114
IX-12 Advertising and promotionPrograms $14,476 · Management $193,012 · Fundraising $33,777$241,265
IX-13 Office expensesPrograms $44,422 · Management $592,017 · Fundraising $103,651$740,090
IX-16 OccupancyPrograms $16,775 · Management $223,668 · Fundraising $39,142$279,585
IX-20 InterestPrograms $16,883 · Management $225,113 · Fundraising $39,395$281,391
IX-22 Depreciation, depletion and amortizationPrograms $42,941 · Management $572,542 · Fundraising $101,820$717,303
IX-23 InsurancePrograms $11,333 · Management $151,107 · Fundraising $26,444$188,884
IX-24 Other expenses (24a–d)Programs $1,354,036 · Management $363,179 · Fundraising $63,557$1,780,772
IX-24e All other expensesPrograms $301,580 · Management $95,049 · Fundraising $43,643$440,272
IX-25 Total functional expensesPrograms $11,388,403 · Management $5,487,866 · Fundraising $989,059$17,865,328
Part X · Balance sheet $27,923,976 assets, 19 lines filed
Asset lines not itemized here account for $40,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $829,086$1,610,191
X-2 Savings and temporary cash investmentsStart of year $2,658,872$2,882,410
X-3 Pledges and grants receivableStart of year $699,306$524,541
X-4 Accounts receivableStart of year $272,373$491,580
X-8 Inventories for sale or useStart of year $62,185$64,009
X-9 Prepaid expenses and deferred chargesStart of year $109,693$135,668
X-10c Land, buildings and equipment, netStart of year $16,357,606$16,126,789
X-11 Publicly traded securitiesStart of year $5,935,718$5,965,867
X-12 Other securitiesStart of year $51,995$80,621
X-15 Other assetsStart of year $2,300$2,300
X-16 Total assetsStart of year $27,031,134$27,923,976
X-17 Accounts payable and accrued expensesStart of year $908,363$780,298
X-19 Deferred revenueStart of year $5,160,718$4,077,372
X-24 Unsecured notes and loans payable$1,796,900
X-26 Total liabilitiesStart of year $12,596,217$12,846,405
X-27 Net assets without donor restrictionsStart of year $6,620,337$6,788,048
X-28 Net assets with donor restrictionsStart of year $7,814,580$8,289,523
X-32 Total net assets or fund balancesStart of year $14,434,917$15,077,571
X-33 Total liabilities and net assetsStart of year $27,031,134$27,923,976
Part XI · Reconciliation of net assets $15,077,571 net assets at year end
XI-1 Total revenue$18,435,312
XI-2 Total expenses$17,865,328
XI-3 Revenue less expenses$569,984
XI-4 Net assets at start of year$14,434,917
XI-5 Net unrealized gains (losses) on investments$72,670
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$15,077,571

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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