Doane Academy FY2022 filing

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Private School

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 21-0634575) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$367K 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

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $477K a year · 6% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
69%
of spending
69% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$367K
to officers and key staff · 4% of spending
Pay to officers and key staff is 4% of spending.
Part VII, Section A
0.7 mo
of spending, in cash
Plus $27.5M in investments, Pt X · Ln 11–13
0.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $2.6M
8 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$5.7M
14% of total assets
Liabilities are 14% of assets.
Pt X · Ln 26
Independent board members
16
of 16 voting members
16 of 16 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$11.3M
+71% vs prior year
Spent
$9.3M
To programs
69%
Net assets
$33.9M
By yearFY2020–FY2025
Revenue
$11.3M
FY2022▲ +71%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.4M
FY2021$6.6M
FY2022$11.3M
FY2023$7.2M
FY2024$9.6M
FY2025$9.9M
Expenses
$9.3M
FY2022▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.1M
FY2021$7.1M
FY2022$9.3M
FY2023$8.7M
FY2024$8.3M
FY2025$8.6M
Net assets
$33.9M
FY2022▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2020$33.0M
FY2021$36.6M
FY2022$33.9M
FY2023$33.5M
FY2024$34.9M
FY2025$38.5M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

You’re viewing the FY2022 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 Mar 1942.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $6.4M Management & general 28% · $2.6M Fundraising 3% · $266K

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

18 people listed on the 990; $367K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Head of School
$272,667Pt VII · Sec A
Chief Financial Officer
$94,800Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
George Sanderson——$281,688$272,667$246,000$259,900
Erin Mayo$256,145$125,613————
Chancellor Van Sciver———$94,800——

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 Doane Academy executive salaries →

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 from age three through twelfth grade, providing college preparatory academics and character development.

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1 program · $6.4M · in their own filed words · FY2021
01

Doane Academy, an independent Episcopal day school, age 3 through 12th grade, provides an exceptional college preparatory program while cultivating character development and nurturing the emotional maturity essential in preparing students for life.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 21-0634575) · Dispute this line
$6.4Mprogram 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 8 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$11.3M
Ln 12
Gifts and grantsLn 1h$5.2M
Fees for servicesLn 2g$4.9M
Investment incomeLn 3$815K
Money outPt IX
$9.3M
Ln 25
Programscol B$6.4M
Managementcol C$2.6M
Fundraisingcol D$266K
Owns and owesPt X
$33.9M
net assets · Ln 32
Cash and savingsLn 1–2$581K
Total assetsLn 16$39.6M
LiabilitiesLn 26$5.7M
PeoplePt VI, VII
18
listed · VII A
PaidVII A2
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.2M
Government grantsLn 1e$358K
Noncash giftsLn 1g$113K
Fundraising eventsLn 1c$31K
Fees for servicesLn 2g$4.9M
Investment incomeLn 3$815K
Other incomeLn 4–11$373K
Gains on assetsLn 7$311K
Total revenueLn 12$11.3M
Assets in detailPt X, end of year
CashLn 1$540K
SavingsLn 2$41K
Cash and savings togetherLn 1–2$581K
Pledges and grants receivableLn 3$1.2M
Accounts receivableLn 4$265K
Prepaid expenses and deferred chargesLn 9$16K
Land, buildings, equipmentLn 10c$9.8M
InvestmentsLn 11–13$27.5M
Other assetsLn 15$175K
Total assetsLn 16$39.6M
LiabilitiesLn 26$5.7M
Net assetsLn 32$33.9M
OperationsPt I, VI
EmployeesI 5103
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$113K
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$80K
Share of the $27.4M endowmentSch D 1g0.29%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY22
End of yearLn 1g$27.4M
AddedLn 1b$1.0M
SpentLn 1d–1f$1.5M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$3.3M$581K
InvestmentsLn 11–13$29.2M$27.5M
Land, buildings, equipmentLn 10c$10.1M$9.8M
Total assetsLn 16$42.8M$39.6M
LiabilitiesLn 26$6.2M$5.7M
Net assetsLn 32$36.6M$33.9M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.6M$1.6M
Pay of officers and key staff (Part IX, line 5)Ln 5$388K$25K$335K$28K
Other salaries and wagesLn 7$3.9M$2.6M$1.2M$113K
Pension plan contributionsLn 8$162K$111K$47K$4K
Other employee benefitsLn 9$402K$252K$137K$13K
Payroll taxesLn 10$339K$209K$119K$11K
Legal feesLn 11b$8K$8K
Accounting feesLn 11c$8K$8K
Investment management feesLn 11f$80K$80K
Other fees for servicesLn 11g$203K$51K$152K
Office expensesLn 13$78K$66K$12K
OccupancyLn 16$321K$157K$164K
TravelLn 17$12K$3K$3K$6K
Depreciation, depletion and amortizationLn 22$526K$477K$49K
InsuranceLn 23$73K$73K
Other expenses (24a–d)Ln 24$682K$604K$78K
All other expensesLn 24e$567K$354K$213K
Total functional expensesLn 25$9.3M$6.4M$2.6M$266K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Dec 2, 2025 $9.9M$8.6M$1.3M$38.5M 990 PDF
FY2024Filed with the IRS Jan 29, 2025 $9.6M$8.3M$1.4M$34.9M 990 PDF
FY2023Filed with the IRS Jan 29, 2024 $7.2M$8.7M−$1.4M$33.5M 990 PDF
FY2022 ViewingFiled with the IRS Jun 27, 2023 $11.3M$9.3M$2.0M$33.9M 990 PDF
FY2021Filed with the IRS May 12, 2022 $6.6M$7.1M−$560K$36.6M 990 PDF
FY2020Filed with the IRS May 13, 2021 $7.4M$7.1M$273K$33.0M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay M · Noncash O · Explanations
See the full FY2022 990
Part I · Summary $11,279,919 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,311,980$5,228,288
I-9 Program service revenuePrior year $4,350,209$4,863,695
I-10 Investment incomePrior year $461,620$1,126,529
I-11 Other revenuePrior year $25,406$61,407
I-12 Total revenuePrior year $8,149,215$11,279,919
I-13 Grants and similar amounts paidPrior year $1,566,790$1,556,402
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,741,963$5,202,131
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,400,935$2,557,986
I-18 Total expensesPrior year $8,709,688$9,316,519
I-19 Revenue less expensesPrior year −$560,473$1,963,400
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
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 $11,279,919 across 12 lines filed
VIII-1c Fundraising events$30,575
VIII-1e Government grants$357,960
VIII-1f All other contributions, gifts and grants$4,839,753
VIII-1g Noncash contributions (included above)$113,306
VIII-1h Total contributions, gifts and grants$5,228,288
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,863,695$4,863,695
VIII-3 Investment incomeExcluded from tax $815,431$815,431
VIII-6 Net rental income or lossExcluded from tax $13,200$13,200
VIII-7 Net gain or loss on sales of assetsExcluded from tax $311,098$311,098
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $48,207$48,207
VIII-12 Total revenueRelated to mission $4,911,902 · Unrelated business $0 · Excluded from tax $1,139,729$11,279,919
Part IX · Statement of functional expenses $9,316,519 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $1,556,402$1,556,402
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $24,612 · Management $335,395 · Fundraising $28,472$388,479
IX-7 Other salaries and wagesPrograms $2,613,941 · Management $1,184,515 · Fundraising $113,019$3,911,475
IX-8 Pension plan contributionsPrograms $110,768 · Management $46,718 · Fundraising $4,457$161,943
IX-9 Other employee benefitsPrograms $251,823 · Management $137,108 · Fundraising $12,637$401,568
IX-10 Payroll taxesPrograms $208,984 · Management $118,639 · Fundraising $11,043$338,666
IX-11b Legal feesManagement $8,283$8,283
IX-11c Accounting feesManagement $8,000$8,000
IX-11f Investment management feesManagement $79,803$79,803
IX-11g Other fees for servicesPrograms $50,859 · Management $151,667$202,526
IX-13 Office expensesManagement $66,327 · Fundraising $12,083$78,410
IX-16 OccupancyPrograms $157,401 · Management $164,084$321,485
IX-17 TravelPrograms $2,999 · Management $2,999 · Fundraising $5,998$11,996
IX-22 Depreciation, depletion and amortizationPrograms $477,329 · Management $49,170$526,499
IX-23 InsuranceManagement $72,659$72,659
IX-24 Other expenses (24a–d)Programs $603,558 · Fundraising $78,169$681,727
IX-24e All other expensesPrograms $353,685 · Management $212,913$566,598
IX-25 Total functional expensesPrograms $6,412,361 · Management $2,638,280 · Fundraising $265,878$9,316,519
Part X · Balance sheet $39,555,709 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $272,773$540,162
X-2 Savings and temporary cash investmentsStart of year $2,993,283$41,171
X-3 Pledges and grants receivable$1,238,406
X-4 Accounts receivableStart of year $131,961$265,156
X-9 Prepaid expenses and deferred chargesStart of year $37,848$16,492
X-10c Land, buildings and equipment, netStart of year $10,131,435$9,763,662
X-11 Publicly traded securitiesStart of year $29,230,968$20,695,210
X-12 Other securities$6,820,374
X-15 Other assetsStart of year $0$175,076
X-16 Total assetsStart of year $42,798,268$39,555,709
X-17 Accounts payable and accrued expensesStart of year $250,174$255,395
X-19 Deferred revenueStart of year $176,100$179,163
X-23 Secured mortgages and notes payableStart of year $5,571,629$5,267,050
X-25 Other liabilitiesStart of year $188,348$910
X-26 Total liabilitiesStart of year $6,186,251$5,702,518
X-27 Net assets without donor restrictionsStart of year $18,203,008$18,025,040
X-28 Net assets with donor restrictionsStart of year $18,409,009$15,828,151
X-32 Total net assets or fund balancesStart of year $36,612,017$33,853,191
X-33 Total liabilities and net assetsStart of year $42,798,268$39,555,709
Part XI · Reconciliation of net assets $33,853,191 net assets at year end
XI-1 Total revenue$11,279,919
XI-2 Total expenses$9,316,519
XI-3 Revenue less expenses$1,963,400
XI-4 Net assets at start of year$36,612,017
XI-9 Other changes in net assets−$4,722,226
XI-10 Net assets at end of year$33,853,191

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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