The Cooper School FY2023 filing

Tax-deductible

Charleston, SC501(c)(3)EducationEIN 20-8818159Revenue $2.6M in FY2023

On file with the IRSthecooperschool.org13 Oakdale Pl, 29407-7260 · Charleston, SCTax-exempt since Aug 2007School — 170(b)(1)(A)(ii)

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

We elevate education by recognizing how children learn is as important as what they learn.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$161K 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $237K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$161K
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
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $14K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.1M
62% of total assets
Fine: liabilities are 62% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
+7% vs prior year
Spent
$2.6M
To programs
88%
Net assets
$1.9M
By yearFY2021–FY2025
Revenue
$2.6M
FY2023▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.1M
FY2022$2.4M
FY2023$2.6M
FY2024$3.3M
FY2025$3.7M
Expenses
$2.6M
FY2023▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.8M
FY2022$2.0M
FY2023$2.6M
FY2024$3.2M
FY2025$3.3M
Net assets
$1.9M
FY2023▼ -0.6%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.4M
FY2022$1.9M
FY2023$1.9M
FY2024$2.1M
FY2025$2.4M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2007.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $2.3M Management & general 8% · $212K Fundraising 3% · $90K

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

11 people listed on the 990; $161K 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
Headmaster
$160,899Pt VII · Sec A
$0Pt VII · Sec A
Co-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Franci Bell Resigned’s $179K as Head of School is at the 77th 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Franci Bell Resigned$179,483$190,576———
Franci Bell——$160,899$149,135$95,300
Merlin Henkel$46,762————

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 Cooper 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

Improves education by focusing on how children learn, not just what they learn.

Questions for The Cooper School

Tap to ask. The Cooper School sees how many people are interested.

Your first name shows with your question. The Cooper School answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $2.3M · in their own filed words · FY2022
01

The Cooper School offers a program that is experimental and personal, challenging students to think critically and to express themselves in a variety of meaningful ways.

$2.3Mprogram 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 · FY2024
Total grants receivedfrom 3 funders$14K
See all 3 funders →
Grants paid · 2 grants · $1.0M · 2023–2024
Unitemized GrantFY2024$555,109
Unitemized GrantFY2023$479,434

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Fees for servicesLn 2g$2.2M
Gifts and grantsLn 1h$307K
Investment incomeLn 3$19K
Money outPt IX
$2.6M
Ln 25
Programscol B$2.3M
Managementcol C$212K
Fundraisingcol D$90K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$4.9M
LiabilitiesLn 26$3.1M
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$307K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$19K
Other incomeLn 4–11$730
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$1.4M
Cash and savings togetherLn 1–2$1.4M
Land, buildings, equipmentLn 10c$3.4M
Total assetsLn 16$4.9M
LiabilitiesLn 26$3.1M
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 522
VolunteersI 625
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$1.3M$1.4M
Land, buildings, equipmentLn 10c$3.4M$3.4M
Total assetsLn 16$4.8M$4.9M
LiabilitiesLn 26$2.9M$3.1M
Net assetsLn 32$1.9M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$161K$71K$90K
Other salaries and wagesLn 7$1.1M$1.1M
Other employee benefitsLn 9$76K$76K
Payroll taxesLn 10$109K$102K$7K
Accounting feesLn 11c$29K$15K$15K
Other fees for servicesLn 11g$223K$145K$78K
Advertising and promotionLn 12$82K$82K
Office expensesLn 13$192K$80K$22K$90K
OccupancyLn 16$142K$142K
InterestLn 20$84K$84K
Depreciation, depletion and amortizationLn 22$100K$100K
InsuranceLn 23$50K$50K
Other expenses (24a–d)Ln 24$226K$226K$0$0
All other expensesLn 24e$599$599$0$0
Total functional expensesLn 25$2.6M$2.3M$212K$90K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.7M$3.3M$370K$2.4M 990 PDF
FY2024 $3.3M$3.2M$170K$2.1M 990 PDF
FY2023 Viewing $2.6M$2.6M−$12K$1.9M 990 PDF
FY2022 $2.4M$2.0M$423K$1.9M 990 PDF
FY2021 $2.1M$1.8M$233K$1.4M 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 FY2023 990 (6 parts)
Part I · Summary $2,567,361 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$306,542
I-9 Program service revenuePrior year $2,075,486$2,240,991
I-10 Investment incomePrior year $245$19,098
I-11 Other revenuePrior year $332,338$730
I-12 Total revenuePrior year $2,408,069$2,567,361
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,171,418$1,450,432
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $813,534$1,129,004
I-18 Total expensesPrior year $1,984,952$2,579,436
I-19 Revenue less expensesPrior year $423,117−$12,075
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
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 $2,567,361 across 13 lines filed
Lines not itemized here account for $16,163 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$306,542
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$306,542
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,224,828 · Unrelated business $0 · Excluded from tax $0$2,224,828
VIII-3 Investment incomeRelated to mission $19,098 · Unrelated business $0 · Excluded from tax $0$19,098
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $730 · Unrelated business $0 · Excluded from tax $0$730
VIII-12 Total revenueRelated to mission $2,260,819 · Unrelated business $0 · Excluded from tax $0$2,567,361
Part IX · Statement of functional expenses $2,579,436 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $70,899 · Management $90,000$160,899
IX-7 Other salaries and wagesPrograms $1,104,692$1,104,692
IX-9 Other employee benefitsPrograms $75,669$75,669
IX-10 Payroll taxesPrograms $102,287 · Management $6,885$109,172
IX-11c Accounting feesPrograms $14,666 · Management $14,666$29,332
IX-11g Other fees for servicesPrograms $144,940 · Management $78,048$222,988
IX-12 Advertising and promotionPrograms $82,494$82,494
IX-13 Office expensesPrograms $80,002 · Management $22,346 · Fundraising $89,849$192,197
IX-16 OccupancyPrograms $141,897$141,897
IX-20 InterestPrograms $83,562$83,562
IX-22 Depreciation, depletion and amortizationPrograms $100,003$100,003
IX-23 InsurancePrograms $50,315$50,315
IX-24 Other expenses (24a–d)Programs $225,617 · Management $0 · Fundraising $0$225,617
IX-24e All other expensesPrograms $599 · Management $0 · Fundraising $0$599
IX-25 Total functional expensesPrograms $2,277,642 · Management $211,945 · Fundraising $89,849$2,579,436
Part X · Balance sheet $4,921,877 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,300,302$1,374,794
X-4 Accounts receivableStart of year $5,845$15,840
X-9 Prepaid expenses and deferred chargesStart of year $32,999$181,109
X-10c Land, buildings and equipment, netStart of year $3,427,491$3,350,134
X-16 Total assetsStart of year $4,766,637$4,921,877
X-17 Accounts payable and accrued expensesStart of year $234$12,331
X-19 Deferred revenueStart of year $671,888$900,288
X-26 Total liabilitiesStart of year $2,888,809$3,056,124
X-27 Net assets without donor restrictionsStart of year $1,877,828$1,865,753
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,877,828$1,865,753
X-33 Total liabilities and net assetsStart of year $4,766,637$4,921,877
Part XI · Reconciliation of net assets $1,865,753 net assets at year end
XI-1 Total revenue$2,567,361
XI-2 Total expenses$2,579,436
XI-3 Revenue less expenses−$12,075
XI-4 Net assets at start of year$1,877,828
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,865,753

Form 990 e-file (XML) FY2023 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

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.