Discovery School INC FY2023 filing

Tax-deductible

Mansfield, OH501(c)(3)Since 1975EducationEIN 34-1168732Revenue $1.4M in FY2023

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.
76¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
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
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 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
$333K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 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
$1.4M
+8% vs prior year
Spent
$1.5M
To programs
76%
Net assets
$1.3M
By yearFY2020–FY2025
Revenue
$1.4M
FY2023▲ +8%
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
$1.5M
FY2023▲ +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
$1.3M
FY2023▼ -5%
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 FY2023 Form 990 (year ending June 2023) · 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

76 cents of each dollar spent went to programs.

Program services 76% · $1.1M Management & general 22% · $326K Fundraising 1% · $16K

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

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$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.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2022
01

We are a not for profit school instructing pre-kindergarten through sixth grade children (153 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…

$1.1Mprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$1.0M
Gifts and grantsLn 1h$345K
Other incomeLn 4–11$5K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.1M
Managementcol C$326K
Fundraisingcol D$16K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$165K
Total assetsLn 16$1.6M
LiabilitiesLn 26$333K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$345K
Government grantsLn 1e$123K
Fundraising eventsLn 1c$9K
Fees for servicesLn 2g$1.0M
Investment incomeLn 3$3K
Other incomeLn 4–11$5K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$165K
Cash and savings togetherLn 1–2$165K
InvestmentsLn 11–13$180K
Land, buildings, equipmentLn 10c$1.3M
Other assetsLn 15$26K
Total assetsLn 16$1.6M
LiabilitiesLn 26$333K
Net assetsLn 32$1.3M
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 FY23End FY23
Cash and savingsLn 1–2$235K$165K
InvestmentsLn 11–13$164K$180K
Land, buildings, equipmentLn 10c$1.2M$1.3M
Total assetsLn 16$1.7M$1.6M
LiabilitiesLn 26$290K$333K
Net assetsLn 32$1.4M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$863K$664K$185K$15K
Pension plan contributionsLn 8$17K$14K$3K$140
Other employee benefitsLn 9$96K$89K$6K$562
Payroll taxesLn 10$68K$52K$15K$865
Accounting feesLn 11c$21K$21K
Investment management feesLn 11f$688$688
Other fees for servicesLn 11g$18K$18K
Advertising and promotionLn 12$164$164
Office expensesLn 13$8K$8K
Information technologyLn 14$25K$25K
OccupancyLn 16$78K$32K$46K
Conferences, conventions and meetingsLn 19$13K$13K
InterestLn 20$825$825
Depreciation, depletion and amortizationLn 22$55K$52K$3K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$159K$157K$2K
All other expensesLn 24e$17K$8K$9K
Total functional expensesLn 25$1.5M$1.1M$326K$16K

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 Viewing $1.4M$1.5M−$76K$1.3M 990 PDF
FY2022 $1.3M$1.3M−$66K$1.4M 990 PDF
FY2021 $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 FY2023 990 (6 parts)
Part I · Summary $1,377,403 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $273,580$345,364
I-9 Program service revenuePrior year $982,944$1,023,204
I-10 Investment incomePrior year $4,034$3,350
I-11 Other revenuePrior year $9,950$5,485
I-12 Total revenuePrior year $1,270,508$1,377,403
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $988,504$1,043,790
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $348,385$409,140
I-18 Total expensesPrior year $1,336,889$1,452,930
I-19 Revenue less expensesPrior year −$66,381−$75,527
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $1,377,403 across 9 lines filed
VIII-1c Fundraising events$9,400
VIII-1e Government grants$123,364
VIII-1f All other contributions, gifts and grants$212,600
VIII-1h Total contributions, gifts and grants$345,364
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,023,204$1,023,204
VIII-3 Investment incomeExcluded from tax $3,350$3,350
VIII-8 Net income from fundraising events$5,169
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $316$316
VIII-12 Total revenueRelated to mission $1,023,520 · Excluded from tax $3,350$1,377,403
Part IX · Statement of functional expenses $1,452,930 across 17 lines filed
IX-7 Other salaries and wagesPrograms $663,643 · Management $184,597 · Fundraising $14,788$863,028
IX-8 Pension plan contributionsPrograms $13,743 · Management $3,302 · Fundraising $140$17,185
IX-9 Other employee benefitsPrograms $89,249 · Management $6,115 · Fundraising $562$95,926
IX-10 Payroll taxesPrograms $51,777 · Management $15,009 · Fundraising $865$67,651
IX-11c Accounting feesManagement $21,148$21,148
IX-11f Investment management feesManagement $688$688
IX-11g Other fees for servicesPrograms $17,850$17,850
IX-12 Advertising and promotionManagement $164$164
IX-13 Office expensesManagement $8,435$8,435
IX-14 Information technologyPrograms $25,325$25,325
IX-16 OccupancyPrograms $32,321 · Management $45,578$77,899
IX-19 Conferences, conventions and meetingsManagement $13,053$13,053
IX-20 InterestManagement $825$825
IX-22 Depreciation, depletion and amortizationPrograms $52,057 · Management $3,234$55,291
IX-23 InsuranceManagement $12,473$12,473
IX-24 Other expenses (24a–d)Programs $156,774 · Management $2,234$159,008
IX-24e All other expensesPrograms $7,921 · Management $9,060$16,981
IX-25 Total functional expensesPrograms $1,110,660 · Management $325,915 · Fundraising $16,355$1,452,930
Part X · Balance sheet $1,641,246 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $234,642$164,885
X-4 Accounts receivableStart of year $21,519$9,807
X-9 Prepaid expenses and deferred chargesStart of year $7,125$2,759
X-10c Land, buildings and equipment, netStart of year $1,233,591$1,257,433
X-12 Other securitiesStart of year $163,617$180,078
X-15 Other assets$26,284
X-16 Total assetsStart of year $1,660,494$1,641,246
X-17 Accounts payable and accrued expensesStart of year $90,828$92,532
X-25 Other liabilitiesStart of year $199,209$239,985
X-26 Total liabilitiesStart of year $290,037$332,517
X-27 Net assets without donor restrictionsStart of year $1,243,610$1,192,057
X-28 Net assets with donor restrictionsStart of year $126,847$116,672
X-32 Total net assets or fund balancesStart of year $1,370,457$1,308,729
X-33 Total liabilities and net assetsStart of year $1,660,494$1,641,246
Part XI · Reconciliation of net assets $1,308,729 net assets at year end
XI-1 Total revenue$1,377,403
XI-2 Total expenses$1,452,930
XI-3 Revenue less expenses−$75,527
XI-4 Net assets at start of year$1,370,457
XI-5 Net unrealized gains (losses) on investments$13,799
XI-10 Net assets at end of year$1,308,729

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

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