The Doane Stuart School FY2024 filing

Tax-deductible

Rensselaer, NY501(c)(3)Since 1969EducationEIN 14-1623827

This page gets seen. Tell your story. Claim this org.

The mission of Doane Stuart is education in the college preparatory context where the joy of discovery is valued, Doane Stuart emphasizes serious study, educates to social responsibility and lays the foundation for a strong faith.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
$181K 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

FY2024 · 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
3 of 5
filings with a surplus
Average deficit $131K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$181K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $38K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.9M
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
-70% vs prior year
Spent
$3.3M
To programs
59%
Net assets
$8.2M
By yearFY2020–FY2024
Revenue
$1.5M
FY2024▼ -70%
Revenue by fiscal year
FY2020$3.3M
FY2021$4.4M
FY2022$4.3M
FY2023$4.9M
FY2024$1.5M
FY2024$2.2M
Expenses
$3.3M
FY2024▼ -9%
Expenses by fiscal year
FY2020$4.3M
FY2021$4.0M
FY2022$3.8M
FY2023$3.7M
FY2024$3.3M
FY2024$3.4M
Net assets
$8.2M
FY2024▼ -18%
Net assets by fiscal year
FY2020$7.8M
FY2021$8.3M
FY2022$8.7M
FY2023$10.0M
FY2024$8.2M
FY2024$7.0M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 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 Sep 2008.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $2.0M Management & general 38% · $1.3M Fundraising 3% · $98K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

9 people listed on the 990; $181K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Head of School
$180,782Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Marcy Cathey’s $184K as Head of School is at the 78th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Cecil F Stodghill———$240,000$274,953$130,000
Marcy Cathey$184,032$180,782$76,522———

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.

See The Doane Stuart School executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students for college with a focus on discovery and social responsibility.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $2.0M · in their own filed words · FY2023
01

Program Service Accomplishments/ Education

The true measure of a doane stuart education is the great success we have in graduating hallmark individuals, people who really are capable of functioning in a global economy, in a world of difference, and with a real understanding that the opinions of others are the most valuable way to learn about ourselves and our world.

$2.0Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$932K
Gifts and grantsLn 1h$252K
Other incomeLn 4–11$191K
Money outPt IX
$3.3M
Ln 25
Programscol B$2.0M
Managementcol C$1.3M
Fundraisingcol D$98K
Owns and owesPt X
$8.2M
net assets · Ln 32
Cash and savingsLn 1–2$116K
Total assetsLn 16$10.1M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$252K
Government grantsLn 1e$87K
Fundraising eventsLn 1c$163K
Fees for servicesLn 2g$932K
Investment incomeLn 3$84K
Other incomeLn 4–11$191K
Gains on assetsLn 7$20K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$116K
SavingsLn 2$0
Cash and savings togetherLn 1–2$116K
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$7.0M
Other assetsLn 15$0
Total assetsLn 16$10.1M
LiabilitiesLn 26$1.9M
Net assetsLn 32$8.2M
OperationsPt I, VI
EmployeesI 547
VolunteersI 69
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 FY24End FY24
Cash and savingsLn 1–2$201K$116K
InvestmentsLn 11–13$2.2M$1.5M
Land, buildings, equipmentLn 10c$7.1M$7.0M
Total assetsLn 16$11.8M$10.1M
LiabilitiesLn 26$1.8M$1.9M
Net assetsLn 32$10.0M$8.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$471$471
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$196K$196K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.5M$1.1M$305K$84K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$247K$247K
Payroll taxesLn 10$133K$133K
Management feesLn 11a$0
Legal feesLn 11b$17K$17K
Accounting feesLn 11c$5K$5K
Lobbying feesLn 11d$22$22
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$15K$15K
Other fees for servicesLn 11g$93K$88K$5K
Advertising and promotionLn 12$85K$85K
Office expensesLn 13$39K$24K$14K
Information technologyLn 14$14K$13K$733
RoyaltiesLn 15$0
OccupancyLn 16$230K$193K$37K
TravelLn 17$17K$17K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$4K$4K
InterestLn 20$100K$17K$83K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$227K$222K$5K
InsuranceLn 23$36K$25K$11K
Other expenses (24a–d)Ln 24$405K$322K$83K
All other expensesLn 24e$416$416
Total functional expensesLn 25$3.3M$2.0M$1.3M$98K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $1.5M$3.3M−$1.9M$8.2M 990 PDF
FY2023 $4.9M$3.7M$1.3M$10.0M 990 PDF
FY2022 $4.3M$3.8M$499K$8.7M 990 PDF
FY2021 $4.4M$4.0M$449K$8.3M 990 PDF
FY2020 $3.3M$4.3M−$983K$7.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,458,002 across 12 lines filed
VIII-1c Fundraising events$162,621
VIII-1e Government grants$86,981
VIII-1f All other contributions, gifts and grants$2,056
VIII-1h Total contributions, gifts and grants$251,658
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $931,775$931,775
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $64,116$64,116
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $188,809$188,809
VIII-7 Net gain or loss on sales of assetsExcluded from tax $19,582$19,582
VIII-8 Net income from fundraising eventsExcluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,062$2,062
VIII-12 Total revenueRelated to mission $931,775 · Unrelated business $0 · Excluded from tax $274,569$1,458,002
Part IX · Statement of functional expenses $3,330,074 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $471$471
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $195,631$195,631
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,079,423 · Management $304,670 · Fundraising $83,851$1,467,944
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $247,148$247,148
IX-10 Payroll taxesManagement $133,027$133,027
IX-11a Management fees$0
IX-11b Legal feesManagement $16,713$16,713
IX-11c Accounting feesManagement $5,140$5,140
IX-11d Lobbying feesManagement $22$22
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $14,552$14,552
IX-11g Other fees for servicesPrograms $87,829 · Management $4,794$92,623
IX-12 Advertising and promotionManagement $84,645$84,645
IX-13 Office expensesManagement $24,381 · Fundraising $14,217$38,598
IX-14 Information technologyPrograms $13,358 · Management $733$14,091
IX-15 Royalties$0
IX-16 OccupancyPrograms $193,005 · Management $36,763$229,768
IX-17 TravelManagement $16,864$16,864
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $3,930$3,930
IX-20 InterestPrograms $17,260 · Management $82,975$100,235
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $221,813 · Management $5,416$227,229
IX-23 InsurancePrograms $25,225 · Management $10,810$36,035
IX-24 Other expenses (24a–d)Programs $321,744 · Management $83,248$404,992
IX-24e All other expensesManagement $416$416
IX-25 Total functional expensesPrograms $1,960,128 · Management $1,271,878 · Fundraising $98,068$3,330,074
Part X · Balance sheet $10,138,364 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $201,084$116,494
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $292,403$87,860
X-4 Accounts receivableStart of year $1,925,061$1,439,021
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $15,033−$22,131
X-10c Land, buildings and equipment, netStart of year $7,149,956$6,981,544
X-11 Publicly traded securitiesStart of year $2,206,490$1,535,576
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $11,790,027$10,138,364
X-17 Accounts payable and accrued expensesStart of year $321,656$159,519
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $102,464$346,920
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $1,755,582$1,890,454
X-27 Net assets without donor restrictionsStart of year $8,922,669$7,039,247
X-28 Net assets with donor restrictionsStart of year $1,111,776$1,208,663
X-32 Total net assets or fund balancesStart of year $10,034,445$8,247,910
X-33 Total liabilities and net assetsStart of year $11,790,027$10,138,364
Part XI · Reconciliation of net assets $8,247,910 net assets at year end
XI-1 Total revenue$1,458,002
XI-2 Total expenses$3,330,074
XI-3 Revenue less expenses−$1,872,072
XI-4 Net assets at start of year$10,034,445
XI-5 Net unrealized gains (losses) on investments$172,740
XI-8 Prior period adjustments−$87,203
XI-10 Net assets at end of year$8,247,910

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.