Discovery School INC FY2021 filing

Tax-deductible

Mansfield, OH501(c)(3)Since 1975EducationEIN 34-1168732Revenue $1.5M in FY2021

On file with the IRSdiscovery-school.net855 Millsboro Rd, 44903-1919 · Mansfield, OHTax-exempt since Jan 1976School — 170(b)(1)(A)(ii)

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We are a private, independent school whose mission is to provide each child the educational opportunity to discover, with perseverance and imagination, the joy of learning and the interconnectedness of our world. Our vision is to bring inspiration and innovation to children through a dynamic educational experience one where learners ask questions, develop academic skills in creative ways, and are active and responsible citizens of the world. Our values are: adventure, innovation, community, inclusion, integrity

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
3 of 6
filings with a surplus
Average surplus $37K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $88K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$380K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 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
+21% vs prior year
Spent
$1.3M
To programs
74%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$1.5M
FY2021▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.5M
FY2022$1.3M
FY2023$1.4M
FY2024$1.5M
FY2025$1.8M
Expenses
$1.3M
FY2021▲ +0.9%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.3M
FY2023$1.5M
FY2024$1.4M
FY2025$1.8M
Net assets
$1.4M
FY2021▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$1.4M
FY2022$1.4M
FY2023$1.3M
FY2024$1.5M
FY2025$1.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1976.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $942K Management & general 25% · $319K Fundraising 2% · $20K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Board Secret
$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
Board Member
$0Pt VII · Sec A
Board Treasu
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
See Discovery School INC executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Inspires children to joyfully learn and explore our interconnected world through innovative education.

Questions for Discovery School INC

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Provided by the organization

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1 program · $942K · in their own filed words · FY2020
01

We are a not for profit school instructing pre-kindergarten through sixth grade children (130 students in current year). Our teachers educate children for life, not for a test. Learning larger concepts rather than collections of disconnected facts requires students to become active participants in the world - and that is when learning…

$942Kprogram 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
Total grants receivedfrom 2 funders$88K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$822K
Gifts and grantsLn 1h$666K
Other incomeLn 4–11$21K
Money outPt IX
$1.3M
Ln 25
Programscol B$942K
Managementcol C$319K
Fundraisingcol D$20K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$288K
Total assetsLn 16$1.8M
LiabilitiesLn 26$380K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$666K
Government grantsLn 1e$478K
Fees for servicesLn 2g$822K
Investment incomeLn 3$3K
Other incomeLn 4–11$21K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$288K
Cash and savings togetherLn 1–2$288K
InvestmentsLn 11–13$190K
Land, buildings, equipmentLn 10c$1.3M
Total assetsLn 16$1.8M
LiabilitiesLn 26$380K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 544
VolunteersI 6100
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 FY21End FY21
Cash and savingsLn 1–2$145K$288K
InvestmentsLn 11–13$149K$190K
Land, buildings, equipmentLn 10c$1.3M$1.3M
Total assetsLn 16$1.7M$1.8M
LiabilitiesLn 26$508K$380K
Net assetsLn 32$1.2M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$749K$557K$181K$10K
Pension plan contributionsLn 8$20K$15K$4K$75
Other employee benefitsLn 9$65K$55K$10K$56
Payroll taxesLn 10$60K$46K$14K$794
Accounting feesLn 11c$22K$22K
Investment management feesLn 11f$686$686
Advertising and promotionLn 12$13K$13K
Office expensesLn 13$21K$13K$9K
Information technologyLn 14$23K$23K
OccupancyLn 16$57K$24K$33K
Conferences, conventions and meetingsLn 19$12K$12K
InterestLn 20$759$759
Depreciation, depletion and amortizationLn 22$56K$56K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$166K$161K$5K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$1.3M$942K$319K$20K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$1.8M$9K$1.5M 990 PDF
FY2024 $1.5M$1.4M$147K$1.5M 990 PDF
FY2023 $1.4M$1.5M−$76K$1.3M 990 PDF
FY2022 $1.3M$1.3M−$66K$1.4M 990 PDF
FY2021 Viewing $1.5M$1.3M$230K$1.4M 990 PDF
FY2020 $1.2M$1.3M−$20K$1.2M 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 FY2021 990 (6 parts)
Part I · Summary $1,511,046 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $401,925$665,931
I-9 Program service revenuePrior year $836,460$821,558
I-10 Investment incomePrior year $2,877$3,028
I-11 Other revenuePrior year $8,040$20,529
I-12 Total revenuePrior year $1,249,302$1,511,046
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $941,839$893,410
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $327,955$387,944
I-18 Total expensesPrior year $1,269,794$1,281,354
I-19 Revenue less expensesPrior year −$20,492$229,692
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $1,511,046 across 8 lines filed
Lines not itemized here account for $1,673 of total revenue; see the IRS return.
VIII-1e Government grants$477,628
VIII-1f All other contributions, gifts and grants$188,303
VIII-1h Total contributions, gifts and grants$665,931
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $820,563 · Excluded from tax $995$821,558
VIII-3 Investment incomeExcluded from tax $3,028$3,028
VIII-8 Net income from fundraising events$4,246
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $14,610$14,610
VIII-12 Total revenueRelated to mission $836,846 · Excluded from tax $4,023$1,511,046
Part IX · Statement of functional expenses $1,281,354 across 16 lines filed
IX-7 Other salaries and wagesPrograms $557,182 · Management $181,158 · Fundraising $10,380$748,720
IX-8 Pension plan contributionsPrograms $15,130 · Management $4,470 · Fundraising $75$19,675
IX-9 Other employee benefitsPrograms $54,857 · Management $9,613 · Fundraising $56$64,526
IX-10 Payroll taxesPrograms $45,758 · Management $13,937 · Fundraising $794$60,489
IX-11c Accounting feesManagement $22,056$22,056
IX-11f Investment management feesManagement $686$686
IX-12 Advertising and promotionManagement $13,493$13,493
IX-13 Office expensesManagement $12,675 · Fundraising $8,800$21,475
IX-14 Information technologyPrograms $22,748$22,748
IX-16 OccupancyPrograms $23,809 · Management $32,905$56,714
IX-19 Conferences, conventions and meetingsManagement $11,912$11,912
IX-20 InterestManagement $759$759
IX-22 Depreciation, depletion and amortizationPrograms $55,951$55,951
IX-23 InsuranceManagement $10,643$10,643
IX-24 Other expenses (24a–d)Programs $160,726 · Management $5,126$165,852
IX-24e All other expensesPrograms $5,655$5,655
IX-25 Total functional expensesPrograms $941,816 · Management $319,433 · Fundraising $20,105$1,281,354
Part X · Balance sheet $1,806,277 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $144,768$288,221
X-4 Accounts receivableStart of year $32,982$42,121
X-9 Prepaid expenses and deferred chargesStart of year $427$5
X-10c Land, buildings and equipment, netStart of year $1,339,664$1,286,321
X-12 Other securitiesStart of year $149,388$189,609
X-16 Total assetsStart of year $1,667,229$1,806,277
X-17 Accounts payable and accrued expensesStart of year $120,406$112,507
X-25 Other liabilitiesStart of year $387,796$267,172
X-26 Total liabilitiesStart of year $508,202$379,679
X-27 Net assets without donor restrictionsStart of year $1,030,634$1,311,441
X-28 Net assets with donor restrictionsStart of year $128,393$115,157
X-32 Total net assets or fund balancesStart of year $1,159,027$1,426,598
X-33 Total liabilities and net assetsStart of year $1,667,229$1,806,277
Part XI · Reconciliation of net assets $1,426,598 net assets at year end
XI-1 Total revenue$1,511,046
XI-2 Total expenses$1,281,354
XI-3 Revenue less expenses$229,692
XI-4 Net assets at start of year$1,159,027
XI-5 Net unrealized gains (losses) on investments$37,879
XI-10 Net assets at end of year$1,426,598

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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