The Ratner School FY2024 filing

Tax-deductible

Pepper Pike, OH501(c)(3)Since 1963EducationEIN 34-1367106

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Education (preschool-elementary-middle)

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$186K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
2 of 5
filings with a surplus
Average surplus $67K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$186K
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
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $170K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
153% of total assets
Concern: liabilities are 153% of assets; over 80%.
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
$3.3M
-0.4% vs prior year
Spent
$3.7M
To programs
72%
Net assets
−$393K
By yearFY2020–FY2024
Revenue
$3.3M
FY2024-0.4%
Revenue by fiscal year
FY2020$3.8M
FY2021$2.9M
FY2022$3.0M
FY2023$3.3M
FY2024$3.3M
FY2024$3.9M
Expenses
$3.7M
FY2024▲ +9%
Expenses by fiscal year
FY2020$3.1M
FY2021$2.6M
FY2022$3.1M
FY2023$3.4M
FY2024$3.7M
FY2024$3.8M
Net assets
−$393K
FY2024▼ -618%
Net assets by fiscal year
FY2020−$43K
FY2021$282K
FY2022$229K
FY2023$76K
FY2024−$393K
FY2024−$290K

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

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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 Mar 1983.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $2.7M Management & general 27% · $993K Fundraising 1% · $55K

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

11 people listed on the 990; $186K 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
$185,927Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Finance Chair
$0Pt VII · Sec A

Mr Michael Griffith’s $191K as Head of School is at the 80th 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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Mr Michael Griffith$191,409$185,927$179,270$172,137$168,775$146,455

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 Ratner School 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

Provides educational programs for children from preschool through middle school.

Provided by the organization

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1 program · $2.7M · in their own filed words · FY2023
01

Preschool & kindergarten (ages 18 months thru 6 years)day school & elementary (grades 1 thru 6)MIDDLE school (grades 7 and 8)

$2.7Mprogram 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 · FY2025
Total grants receivedfrom 1 funder$170K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.3M
Ln 12
Fees for servicesLn 2g$2.5M
Gifts and grantsLn 1h$786K
Other incomeLn 4–11$7K
Money outPt IX
$3.7M
Ln 25
Programscol B$2.7M
Managementcol C$993K
Fundraisingcol D$55K
Owns and owesPt X
−$393K
net assets · Ln 32
Cash and savingsLn 1–2$147K
Total assetsLn 16$748K
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$786K
Government grantsLn 1e$320K
Fundraising eventsLn 1c$108K
Fees for servicesLn 2g$2.5M
Investment incomeLn 3$1
Other incomeLn 4–11$7K
Total revenueLn 12$3.3M
Assets in detailPt X, end of year
CashLn 1$147K
Cash and savings togetherLn 1–2$147K
Land, buildings, equipmentLn 10c$419K
Other assetsLn 15$53K
Total assetsLn 16$748K
LiabilitiesLn 26$1.1M
Net assetsLn 32−$393K
OperationsPt I, VI
EmployeesI 563
VolunteersI 662
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$535K$147K
Land, buildings, equipmentLn 10c$280K$419K
Total assetsLn 16$1.0M$748K
LiabilitiesLn 26$966K$1.1M
Net assetsLn 32$76K−$393K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$186K$145K$38K$3K
Other salaries and wagesLn 7$2.4M$1.9M$497K$36K
Other employee benefitsLn 9$178K$139K$37K$3K
Payroll taxesLn 10$185K$144K$38K$3K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$112K$107K$5K
Advertising and promotionLn 12$16K$76$16K
Office expensesLn 13$22K$2K$20K$63
Information technologyLn 14$50K$50K
OccupancyLn 16$121K$94K$25K$2K
TravelLn 17$18K$18K
InterestLn 20$20K$20K$381$28
Depreciation, depletion and amortizationLn 22$33K$26K$7K$498
InsuranceLn 23$30K$30K
Other expenses (24a–d)Ln 24$350K$229K$119K$3K
Total functional expensesLn 25$3.7M$2.7M$993K$55K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $3.3M$3.7M−$469K−$393K 990 PDF
FY2023 $3.3M$3.4M−$153K$76K 990 PDF
FY2022 $3.0M$3.1M−$56K$229K 990 PDF
FY2021 $2.9M$2.6M$325K$282K 990 PDF
FY2020 $3.8M$3.1M$687K−$43K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $3,276,851 across 11 lines filed
VIII-1c Fundraising events$108,085
VIII-1e Government grants$320,070
VIII-1f All other contributions, gifts and grants$358,275
VIII-1h Total contributions, gifts and grants$786,430
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,483,283$2,483,283
VIII-3 Investment incomeExcluded from tax $1$1
VIII-5 RoyaltiesUnrelated business $9,801$9,801
VIII-6 Net rental income or lossExcluded from tax $19,700$19,700
VIII-8 Net income from fundraising eventsExcluded from tax −$22,454−$22,454
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $90$90
VIII-12 Total revenueRelated to mission $2,483,373 · Unrelated business $9,801 · Excluded from tax −$2,753$3,276,851
Part IX · Statement of functional expenses $3,745,551 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $144,819 · Management $38,301 · Fundraising $2,807$185,927
IX-7 Other salaries and wagesPrograms $1,881,043 · Management $497,490 · Fundraising $36,466$2,414,999
IX-9 Other employee benefitsPrograms $138,765 · Management $36,700 · Fundraising $2,690$178,155
IX-10 Payroll taxesPrograms $144,112 · Management $38,114 · Fundraising $2,794$185,020
IX-11c Accounting feesManagement $10,150$10,150
IX-11g Other fees for servicesManagement $106,658 · Fundraising $5,355$112,013
IX-12 Advertising and promotionPrograms $76 · Management $15,517$15,593
IX-13 Office expensesPrograms $1,983 · Management $19,539 · Fundraising $63$21,585
IX-14 Information technologyManagement $49,507$49,507
IX-16 OccupancyPrograms $94,153 · Management $24,901 · Fundraising $1,825$120,879
IX-17 TravelPrograms $17,815$17,815
IX-20 InterestPrograms $19,877 · Management $381 · Fundraising $28$20,286
IX-22 Depreciation, depletion and amortizationPrograms $25,672 · Management $6,790 · Fundraising $498$32,960
IX-23 InsuranceManagement $30,200$30,200
IX-24 Other expenses (24a–d)Programs $228,880 · Management $118,727 · Fundraising $2,855$350,462
IX-25 Total functional expensesPrograms $2,697,195 · Management $992,975 · Fundraising $55,381$3,745,551
Part X · Balance sheet $747,946 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $535,204$147,285
X-3 Pledges and grants receivableStart of year $8,914$0
X-4 Accounts receivableStart of year $47,092$62,705
X-9 Prepaid expenses and deferred chargesStart of year $105,068$66,049
X-10c Land, buildings and equipment, netStart of year $279,801$419,154
X-15 Other assetsStart of year $65,422$52,753
X-16 Total assetsStart of year $1,041,501$747,946
X-17 Accounts payable and accrued expensesStart of year $329,770$396,502
X-19 Deferred revenueStart of year $78,772$87,144
X-25 Other liabilitiesStart of year $59,457$47,520
X-26 Total liabilitiesStart of year $965,655$1,140,800
X-27 Net assets without donor restrictionsStart of year $75,846−$392,854
X-32 Total net assets or fund balancesStart of year $75,846−$392,854
X-33 Total liabilities and net assetsStart of year $1,041,501$747,946
Part XI · Reconciliation of net assets −$392,854 net assets at year end
XI-1 Total revenue$3,276,851
XI-2 Total expenses$3,745,551
XI-3 Revenue less expenses−$468,700
XI-4 Net assets at start of year$75,846
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$392,854

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

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