One Room School FY2022 filing

Tax-deductible

Sequim, WA501(c)(3)EducationEIN 47-4299266Revenue $726K in FY2022

On file with the IRSfiveacreschool.org515 Lotzgesell Rd, 98382-8074 · Sequim, WATax-exempt since Nov 2018School — 170(b)(1)(A)(ii)

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Five Acre School provides an active learning environment for children to reach their fullest potential, in relationship to each other, our community, and the natural world.We foster the social, emotional, physical, artistic and intellectual growth of the whole child.THIS YEAR FIVE ACRE SCHOOL STARTED THE ACTUAL OPERATIONAL RESPONSIBIITES OF THE SCHOOL. IN PRIOR YEARS, THEY JUST FILED POSTCARDS.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
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
4 of 5
filings with a surplus
Average surplus $43K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$56K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$726K
+10% vs prior year
Spent
$628K
To programs
89%
Net assets
$279K
By yearFY2021–FY2025
Revenue
$726K
FY2022▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2021$659K
FY2022$726K
FY2023$810K
FY2024$844K
FY2025$784K
Expenses
$628K
FY2022▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2021$537K
FY2022$628K
FY2023$777K
FY2024$804K
FY2025$865K
Net assets
$279K
FY2022▲ +54%
Tap a bar for its year
Net assets by fiscal year
FY2021$182K
FY2022$279K
FY2023$313K
FY2024$353K
FY2025$273K

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

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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 Nov 2018.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $556K Management & general 11% · $71K Fundraising 0% · $701

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

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Vice President
$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
$0Pt VII · Sec A

Sarah Bones’s $84K as Director is at the 75th percentile of top reported officer pay among 1613 $100K–1M 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.

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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

Nurtures children's full potential through active, holistic learning in nature and community.

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Provided by the organization

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1 program · $556K · in their own filed words · FY2021
01

Five Acre School is a small independent school located adjacent to the Dungeness Recreation Area that serves preschool through 6th grade students.Five Acre provides a caring and flexible educational program emphasizing a child-centered approach.

$556Kprogram 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 1 funder$10K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$726K
Ln 12
Fees for servicesLn 2g$618K
Gifts and grantsLn 1h$108K
Investment incomeLn 3$5
Money outPt IX
$628K
Ln 25
Programscol B$556K
Managementcol C$71K
Fundraisingcol D$701
Owns and owesPt X
$279K
net assets · Ln 32
Cash and savingsLn 1–2$328K
Total assetsLn 16$336K
LiabilitiesLn 26$56K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$108K
Government grantsLn 1e$43K
Fees for servicesLn 2g$618K
Investment incomeLn 3$5
Gains on assetsLn 7$0
Total revenueLn 12$726K
Assets in detailPt X, end of year
CashLn 1$328K
SavingsLn 2$0
Cash and savings togetherLn 1–2$328K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$336K
LiabilitiesLn 26$56K
Net assetsLn 32$279K
OperationsPt I, VI
EmployeesI 519
VolunteersI 660
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$224K$328K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$231K$336K
LiabilitiesLn 26$50K$56K
Net assetsLn 32$182K$279K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$444K$399K$45K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$45K$41K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$5K$5K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$335$335
Advertising and promotionLn 12$324$259$65
Office expensesLn 13$5K$4K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$77K$61K$15K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$46K$46K
All other expensesLn 24e$6K$4K$783$701
Total functional expensesLn 25$628K$556K$71K$701

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $784K$865K−$80K$273K 990 PDF
FY2024 $844K$804K$40K$353K 990 PDF
FY2023 $810K$777K$34K$313K 990 PDF
FY2022 Viewing $726K$628K$98K$279K 990 PDF
FY2021 $659K$537K$122K$182K 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 FY2022 990 (6 parts)
Part I · Summary $725,810 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $126,549$108,029
I-9 Program service revenuePrior year $532,111$617,776
I-10 Investment incomePrior year $7$5
I-11 Other revenue$0
I-12 Total revenuePrior year $658,667$725,810
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $437,760$489,332
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $99,082$138,678
I-18 Total expensesPrior year $536,842$628,010
I-19 Revenue less expensesPrior year $121,825$97,800
Part VI · Governance 0 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $725,810 across 10 lines filed
Lines not itemized here account for −$99,447 of total revenue; see the IRS return.
VIII-1e Government grants$42,752
VIII-1f All other contributions, gifts and grants$65,277
VIII-1h Total contributions, gifts and grants$108,029
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $717,223$717,223
VIII-3 Investment incomeRelated to mission $5$5
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $617,781$725,810
Part IX · Statement of functional expenses $628,010 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $399,322 · Management $45,118$444,440
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $40,792 · Management $4,100$44,892
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $4,510$4,510
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $335$335
IX-12 Advertising and promotionPrograms $259 · Management $65$324
IX-13 Office expensesPrograms $4,127 · Management $1,031$5,158
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $61,459 · Management $15,365$76,824
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $45,884$45,884
IX-24e All other expensesPrograms $4,159 · Management $783 · Fundraising $701$5,643
IX-25 Total functional expensesPrograms $556,002 · Management $71,307 · Fundraising $701$628,010
Part X · Balance sheet $335,859 assets, 19 lines filed
Asset lines not itemized here account for $7,949; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $223,506$327,910
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $231,464$335,859
X-19 Deferred revenueStart of year $49,896$56,490
X-25 Other liabilities$1
X-26 Total liabilitiesStart of year $49,896$56,491
X-27 Net assets without donor restrictionsStart of year $175,068$279,368
X-32 Total net assets or fund balancesStart of year $181,568$279,368
X-33 Total liabilities and net assetsStart of year $231,464$335,859
Part XI · Reconciliation of net assets $279,368 net assets at year end
XI-1 Total revenue$725,810
XI-2 Total expenses$628,010
XI-3 Revenue less expenses$97,800
XI-4 Net assets at start of year$181,568
XI-10 Net assets at end of year$279,368

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

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