philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Old Trail School Foundation FY2023 filing

Tax-deductible

Bath, OH501(c)(3)Since 1990EIN 34-1664787Revenue $679K in FY2023

On file with the IRSoldtrail.orgPo Box 827, 44210-0827 · Bath, OHTax-exempt since Feb 1991Supporting organization — 509(a)(3)

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

Established in 1990, the Old Trail School Foundation was created to solicit and receive gifts, establish and review investment and spending policies, and oversee the management of endowment funds for the School. Old Trail School strives for an endowment large enough to underwrite faculty salary increases in excess of inflation and desires an endowment sufficient to fund financial aid allocations for students who have the academic ability but not the means to attend Old Trail School. IT is essential to build an endowment fund for the physical plant that allows the School to become less reliant on operating expenses for maintenance and enhancement. Building an endowment to enhance specific programs will alleviate the burden on the annual operating budget for program expenses. An endowment fund to support specific areas such as the library, technology, geography, professional development and guest speakers will provide the strength and excellence expected by our families.

501(c)(3) charity; gifts are tax-deductible.
90¢ 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
5 of 6
filings with a surplus
Average surplus $287K a year · 39% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$679K
-5% vs prior year
Spent
$474K
To programs
90%
Net assets
$10.0M
By yearFY2020–FY2025
Revenue
$679K
FY2023▼ -5%
Tap a bar for its year
Revenue by fiscal year
FY2020$172K
FY2021$579K
FY2022$716K
FY2023$679K
FY2024$1.5M
FY2025$766K
Expenses
$474K
FY2023▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$399K
FY2021$429K
FY2022$453K
FY2023$474K
FY2024$483K
FY2025$487K
Net assets
$10.0M
FY2023▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.7M
FY2021$10.3M
FY2022$8.7M
FY2023$10.0M
FY2024$11.9M
FY2025$13.1M

From the FY2023 Form 990 (year ending June 2023) · 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 Feb 1991.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $429K Management & general 10% · $45K

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. Claim this org to fix it.

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Thomas Mandel
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Bob Berk
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Sarah Johnston
Head of School
$0Pt VII · Sec A
See Old Trail School Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Supports Old Trail School's educational mission and operations.

Questions for Old Trail School Foundation

Tap to ask. Old Trail School Foundation sees how many people are interested.

Your first name shows with your question. Old Trail School Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $429K · in their own filed words · FY2022
01

The endowment supports old trail school.

$429Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $2.5M · 2019–2024
Old Trail SchoolOH · FY2024$445,873
Old Trail SchoolOH · FY2023$443,307
Old Trail SchoolOH · FY2022$428,634
Old Trail SchoolOH · FY2021$408,938
Old Trail SchoolOH · FY2020$388,270
Old Trail SchoolOH · FY2019$363,392

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$679K
Ln 12
Investment incomeLn 3$613K
Gifts and grantsLn 1h$66K
Money outPt IX
$474K
Ln 25
Programscol B$429K
Managementcol C$45K
Owns and owesPt X
$10.0M
net assets · Ln 32
Cash and savingsLn 1–2$110K
Total assetsLn 16$10.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$66K
Investment incomeLn 3$613K
Gains on assetsLn 7$260K
Total revenueLn 12$679K
Assets in detailPt X, end of year
SavingsLn 2$110K
Cash and savings togetherLn 1–2$110K
InvestmentsLn 11–13$9.9M
Other assetsLn 15$23K
Total assetsLn 16$10.0M
LiabilitiesLn 26$0
Net assetsLn 32$10.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
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$214K$110K
InvestmentsLn 11–13$8.3M$9.9M
Total assetsLn 16$8.7M$10.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$8.7M$10.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$429K$429K
Investment management feesLn 11f$40K$40K
Other expenses (24a–d)Ln 24$6K$6K
Total functional expensesLn 25$474K$429K$45K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $766K$487K$279K$13.1M 990 PDF
FY2024 $1.5M$483K$1.1M$11.9M 990 PDF
FY2023 Viewing $679K$474K$205K$10.0M 990 PDF
FY2022 $716K$453K$263K$8.7M 990 PDF
FY2021 $579K$429K$150K$10.3M 990 PDF
FY2020 $172K$399K−$227K$6.7M 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 $679,415 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $105,180$65,916
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $610,629$613,499
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $715,809$679,415
I-13 Grants and similar amounts paidPrior year $408,938$428,634
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $43,735$45,399
I-18 Total expensesPrior year $452,673$474,033
I-19 Revenue less expensesPrior year $263,136$205,382
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $679,415 across 5 lines filed
VIII-1f All other contributions, gifts and grants$65,916
VIII-1h Total contributions, gifts and grants$65,916
VIII-3 Investment incomeExcluded from tax $353,341$353,341
VIII-7 Net gain or loss on sales of assetsExcluded from tax $260,158$260,158
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $613,499$679,415
Part IX · Statement of functional expenses $474,033 across 3 lines filed
IX-1 Grants to domestic organizationsPrograms $428,634$428,634
IX-11f Investment management feesManagement $39,899$39,899
IX-24 Other expenses (24a–d)Management $5,500$5,500
IX-25 Total functional expensesPrograms $428,634 · Management $45,399 · Fundraising $0$474,033
Part X · Balance sheet $10,039,703 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $213,819$110,014
X-3 Pledges and grants receivableStart of year $73,248$30,583
X-11 Publicly traded securitiesStart of year $8,330,031$9,876,199
X-15 Other assetsStart of year $62,638$22,907
X-16 Total assetsStart of year $8,679,736$10,039,703
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $148,197$1,153,856
X-28 Net assets with donor restrictionsStart of year $8,531,539$8,885,847
X-32 Total net assets or fund balancesStart of year $8,679,736$10,039,703
X-33 Total liabilities and net assetsStart of year $8,679,736$10,039,703
Part XI · Reconciliation of net assets $10,039,703 net assets at year end
XI-1 Total revenue$679,415
XI-2 Total expenses$474,033
XI-3 Revenue less expenses$205,382
XI-4 Net assets at start of year$8,679,736
XI-5 Net unrealized gains (losses) on investments$262,585
XI-9 Other changes in net assets$892,000
XI-10 Net assets at end of year$10,039,703

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.