Harvey School FY2023 filing

Tax-deductible

Katonah, NY501(c)(3)Since 1916EducationEIN 13-1740454Revenue $21.8M in FY2023

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.
76¢ 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

FY2023 · 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
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 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
$12.4M
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 21 voting members
Looks good: 20 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21.8M
-3% vs prior year
Spent
$21.5M
To programs
76%
Net assets
$20.0M
By yearFY2020–FY2024
Revenue
$21.8M
FY2023▼ -3%
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
$21.5M
FY2023▲ +9%
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
$20.0M
FY2023▲ +5%
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 FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 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

76 cents of each dollar spent went to programs.

Program services 76% · $16.2M Management & general 18% · $3.8M Fundraising 7% · $1.5M

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

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

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President & Head of School
$290,733Pt VII · Sec A
Head of Upper School
$152,508Pt VII · Sec A
Head of Middle School
$148,075Pt VII · Sec A
Dir of Fin & Ops -Resigned Dec '22
$146,914Pt VII · Sec A
Former Headmaster
$143,368Pt VII · Sec A
Director of Buildings & Grounds
$137,279Pt VII · Sec A
Director of Development
$136,875Pt VII · Sec A
Chairman of the Performing Arts
$131,869Pt 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 · $16.2M · in their own filed words · FY2022
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.

$15.5Mprogram expense
02

Summer Programs

Children in grades 1-9 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.

$390Kprogram 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, sync, 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.

$390Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$21.8M
Ln 12
Fees for servicesLn 2g$19.7M
Gifts and grantsLn 1h$1.9M
Investment incomeLn 3$115K
Money outPt IX
$21.5M
Ln 25
Programscol B$16.2M
Managementcol C$3.8M
Fundraisingcol D$1.5M
Owns and owesPt X
$20.0M
net assets · Ln 32
Cash and savingsLn 1–2$7.1M
Total assetsLn 16$32.5M
LiabilitiesLn 26$12.4M
PeoplePt VI, VII
28
listed · VII A
PaidVII A8
Voting boardVI 1a21
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Fundraising eventsLn 1c$189K
Fees for servicesLn 2g$19.7M
Investment incomeLn 3$115K
Other incomeLn 4–11$62K
Gains on assetsLn 7−$7K
Total revenueLn 12$21.8M
Assets in detailPt X, end of year
CashLn 1$1.4M
SavingsLn 2$5.8M
Cash and savings togetherLn 1–2$7.1M
InvestmentsLn 11–13$5.3M
Land, buildings, equipmentLn 10c$15.9M
Other assetsLn 15$830K
Total assetsLn 16$32.5M
LiabilitiesLn 26$12.4M
Net assetsLn 32$20.0M
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 FY23End FY23
Cash and savingsLn 1–2$5.5M$7.1M
InvestmentsLn 11–13$5.8M$5.3M
Land, buildings, equipmentLn 10c$15.8M$15.9M
Total assetsLn 16$31.0M$32.5M
LiabilitiesLn 26$11.9M$12.4M
Net assetsLn 32$19.1M$20.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$3.1M$3.1M
Pay of current officers, directors and key staffLn 5$582K$104K$373K$104K
Other salaries and wagesLn 7$8.1M$6.2M$1.4M$495K
Pension plan contributionsLn 8$206K$158K$36K$11K
Other employee benefitsLn 9$1.9M$1.4M$365K$121K
Payroll taxesLn 10$743K$544K$149K$50K
Legal feesLn 11b$39K$10K$22K$7K
Accounting feesLn 11c$47K$12K$26K$9K
Professional fundraising feesLn 11e$143K$143K
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$374K$129K$146K$98K
Advertising and promotionLn 12$225K$56K$126K$43K
Office expensesLn 13$699K$174K$389K$137K
OccupancyLn 16$498K$364K$100K$34K
InterestLn 20$235K$172K$47K$16K
Depreciation, depletion and amortizationLn 22$792K$580K$159K$54K
InsuranceLn 23$372K$272K$74K$25K
Other expenses (24a–d)Ln 24$3.0M$2.8M$145K$49K
All other expensesLn 24e$442K$128K$219K$95K
Total functional expensesLn 25$21.5M$16.2M$3.8M$1.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $22.4M$22.6M−$201K$20.8M 990 PDF
FY2023 Viewing $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 $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 FY2023 990 (6 parts)
Part I · Summary $21,791,272 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,249,349$1,915,280
I-9 Program service revenuePrior year $19,152,767$19,698,728
I-10 Investment incomePrior year $138,397$115,263
I-11 Other revenuePrior year −$24,275$62,001
I-12 Total revenuePrior year $22,516,238$21,791,272
I-13 Grants and similar amounts paidPrior year $2,876,406$3,079,086
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $10,908,828$11,515,398
I-16a Professional fundraising feesPrior year $16,000$143,000
I-17 Other expensesPrior year $5,857,917$6,759,354
I-18 Total expensesPrior year $19,659,151$21,496,838
I-19 Revenue less expensesPrior year $2,857,087$294,434
Part VI · Governance 20 of 21 board members independent, 1 to look at
VI-1a Voting members of the governing body21
VI-1b Independent voting members20
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 $21,791,272 across 9 lines filed
VIII-1c Fundraising events$189,187
VIII-1f All other contributions, gifts and grants$1,726,093
VIII-1h Total contributions, gifts and grants$1,915,280
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $19,434,832 · Unrelated business $263,896$19,698,728
VIII-3 Investment incomeExcluded from tax $122,281$122,281
VIII-6 Net rental income or lossExcluded from tax $114,764$114,764
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$7,018−$7,018
VIII-8 Net income from fundraising eventsExcluded from tax −$52,763−$52,763
VIII-12 Total revenueRelated to mission $19,434,832 · Unrelated business $263,896 · Excluded from tax $177,264$21,791,272
Part IX · Statement of functional expenses $21,496,838 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $3,079,086$3,079,086
IX-5 Pay of current officers, directors and key staffPrograms $104,269 · Management $373,394 · Fundraising $104,269$581,932
IX-7 Other salaries and wagesPrograms $6,236,104 · Management $1,382,281 · Fundraising $495,037$8,113,422
IX-8 Pension plan contributionsPrograms $158,393 · Management $36,385 · Fundraising $11,351$206,129
IX-9 Other employee benefitsPrograms $1,385,318 · Management $364,569 · Fundraising $121,056$1,870,943
IX-10 Payroll taxesPrograms $543,764 · Management $148,742 · Fundraising $50,466$742,972
IX-11b Legal feesPrograms $9,846 · Management $22,056 · Fundraising $7,483$39,385
IX-11c Accounting feesPrograms $11,714 · Management $26,240 · Fundraising $8,903$46,857
IX-11e Professional fundraising feesFundraising $143,000$143,000
IX-11f Investment management feesManagement $3,958$3,958
IX-11g Other fees for servicesPrograms $129,204 · Management $146,414 · Fundraising $98,194$373,812
IX-12 Advertising and promotionPrograms $56,335 · Management $126,190 · Fundraising $42,814$225,339
IX-13 Office expensesPrograms $173,506 · Management $388,657 · Fundraising $137,064$699,227
IX-16 OccupancyPrograms $364,236 · Management $99,634 · Fundraising $33,804$497,674
IX-20 InterestPrograms $172,131 · Management $47,086 · Fundraising $15,975$235,192
IX-22 Depreciation, depletion and amortizationPrograms $579,830 · Management $158,608 · Fundraising $53,813$792,251
IX-23 InsurancePrograms $272,289 · Management $74,482 · Fundraising $25,271$372,042
IX-24 Other expenses (24a–d)Programs $2,837,462 · Management $144,665 · Fundraising $49,083$3,031,210
IX-24e All other expensesPrograms $128,080 · Management $219,081 · Fundraising $95,246$442,407
IX-25 Total functional expensesPrograms $16,241,567 · Management $3,762,442 · Fundraising $1,492,829$21,496,838
Part X · Balance sheet $32,452,273 assets, 19 lines filed
Asset lines not itemized here account for $4,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $426,567$1,360,069
X-2 Savings and temporary cash investmentsStart of year $5,115,906$5,788,834
X-3 Pledges and grants receivableStart of year $829,415$895,006
X-4 Accounts receivableStart of year $2,235,897$2,110,055
X-8 Inventories for sale or useStart of year $98,952$73,776
X-9 Prepaid expenses and deferred chargesStart of year $92,153$110,870
X-10c Land, buildings and equipment, netStart of year $15,763,231$15,930,375
X-11 Publicly traded securitiesStart of year $5,483,529$5,061,656
X-12 Other securitiesStart of year $269,583$287,320
X-15 Other assetsStart of year $652,324$830,312
X-16 Total assetsStart of year $30,983,557$32,452,273
X-17 Accounts payable and accrued expensesStart of year $798,919$1,203,558
X-19 Deferred revenueStart of year $4,687,027$4,914,515
X-25 Other liabilitiesStart of year $0$165,329
X-26 Total liabilitiesStart of year $11,870,309$12,437,913
X-27 Net assets without donor restrictionsStart of year $9,522,565$9,053,322
X-28 Net assets with donor restrictionsStart of year $9,590,683$10,961,038
X-32 Total net assets or fund balancesStart of year $19,113,248$20,014,360
X-33 Total liabilities and net assetsStart of year $30,983,557$32,452,273
Part XI · Reconciliation of net assets $20,014,360 net assets at year end
XI-1 Total revenue$21,791,272
XI-2 Total expenses$21,496,838
XI-3 Revenue less expenses$294,434
XI-4 Net assets at start of year$19,113,248
XI-5 Net unrealized gains (losses) on investments$590,937
XI-9 Other changes in net assets$15,741
XI-10 Net assets at end of year$20,014,360

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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