Sheridan School INC

Tax-deductible

Washington, DC501(c)(3)Since 1961EducationEIN 53-6019409Revenue $12.1M in FY2024

On file with the IRSsheridanschool.org4400 36th Nw St, 20008-0000 · Washington, DCTax-exempt since Apr 1963School — 170(b)(1)(A)(ii)

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Sheridan school's mission is to create an inclusive, vibrant learning community. We take joy in learning, show kindness and empathy towards others, embrace new experiences and ideas, and continually seek a deeper and fuller understanding of the world. We seek to inspire self-knowledge, intellectual discipline, and personal integrity in our community members. At both our city and mountain campuses, the Sheridan community challenges itself to live the ideal of respect for oneself, others, and the environment.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Run by 100 volunteers and 185 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

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
5 of 5
filings with a surplus
Average surplus $979K a year · 9% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 11% of spending
Top officer’s pay higher than 77% of similar orgs
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $263K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$15.8M
53% of total assets
Fine: liabilities are 53% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
15
of 17 voting members
Looks good: 15 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.1M
-6% vs prior year
Spent
$11.7M
To programs
84%
Net assets
$14.3M
By yearFY2020–FY2024
Revenue
$12.1M
FY2024▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$10.1M
FY2021$10.9M
FY2022$11.6M
FY2023$11.1M
FY2024$12.8M
FY2024$12.1M
Expenses
$11.7M
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.7M
FY2021$9.2M
FY2022$10.4M
FY2023$11.0M
FY2024$11.3M
FY2024$11.7M
Net assets
$14.3M
FY2024▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.3M
FY2021$11.5M
FY2022$11.6M
FY2023$12.4M
FY2024$13.3M
FY2024$14.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1963.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $9.8M Management & general 14% · $1.6M Fundraising 2% · $241K

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

27 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
Head of School
$379,819Pt VII · Sec A
Director of Finance & Ops
$178,412Pt VII · Sec A
Director of Enrollment
$149,185Pt VII · Sec A
Middle School Head, Interim Co Dir. Lower School
$144,185Pt VII · Sec A
Dir. of Student Support
$129,777Pt VII · Sec A
Head of Technology
$119,626Pt VII · Sec A
Lower School Teacher
$106,463Pt VII · Sec A
Middle School Science Teacher
$105,518Pt VII · Sec A

Courtney Martin’s $380K as Head of School is at the 77th percentile of top reported officer pay among 3683 $10–100M 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Courtney Martin$379,819$197,815————
Jessica Donovan—$169,553$343,280$346,714$332,465$309,381
Suzanne Badoux$178,412$169,483$161,092$149,774$142,579$61,451
Karen O'Connor-Floman$149,185—$103,938———
Robert Bradford$144,185$128,287$112,956———
Kelly Nelson———$140,208$133,641$127,665
Jae Lee—$137,798————
Melanie Auerbach$129,777$126,680$124,230$120,343$118,867$115,509

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.

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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 15aYes

Programs and updates

Provides educational services to children from kindergarten through eighth grade.

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3 programs · $8.0M · in their own filed words · FY2024
01

Education Program

As an accredited school, we provide an education for up to 230 children from kindergarten to grade eight at our city and mountain campuses. We seek to nurture and challenge children through a collection of academic subjects and enriching activities that encourage children to take responsibility for their learning and social development.

$7.1Mprogram expense
02

Summer Camp

The school conducts a summer camp in three two-week sessions of up to 230 children ages 3 to 16 each summer. Children develop new skills, special talents, emerging interests and self-confidence by exploration and celebration of the visual and performing arts, culinary arts, and sports.

$474Kprogram expense
03

After School Program

The after school programs mirror the school's child-oriented philosophy; children are encouraged to pursue their individual interests. Within the program, children may focus on educational, artistic, or physical activities, including enrichment classes, study hall, games, and art projects.

$407Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 5 grants · $7.1M · 2019–2024
Unitemized GrantFY2024$1,717,882
Unitemized GrantFY2024$107,568
Unitemized GrantFY2021$1,755,416
Unitemized GrantFY2020$1,740,017
Unitemized GrantFY2019$1,749,769

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$12.1M
Ln 12
Fees for servicesLn 2g$11.0M
Gifts and grantsLn 1h$651K
Investment incomeLn 3$414K
Money outPt IX
$11.7M
Ln 25
Programscol B$9.8M
Managementcol C$1.6M
Fundraisingcol D$241K
Owns and owesPt X
$14.3M
net assets · Ln 32
Cash and savingsLn 1–2$8.0M
Total assetsLn 16$30.1M
LiabilitiesLn 26$15.8M
PeoplePt VI, VII
27
listed · VII A
PaidVII A8
Voting boardVI 1a17
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$651K
Government grantsLn 1e$101K
Noncash giftsLn 1g$82K
Fundraising eventsLn 1c$64K
Fees for servicesLn 2g$11.0M
Investment incomeLn 3$414K
Other incomeLn 4–11$51K
Gains on assetsLn 7$12K
Total revenueLn 12$12.1M
Assets in detailPt X, end of year
CashLn 1$8.0M
Cash and savings togetherLn 1–2$8.0M
InvestmentsLn 11–13$7.2M
Land, buildings, equipmentLn 10c$9.7M
Other assetsLn 15$4.8M
Total assetsLn 16$30.1M
LiabilitiesLn 26$15.8M
Net assetsLn 32$14.3M
OperationsPt I, VI
EmployeesI 5185
VolunteersI 6100
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$7.2M$8.0M
InvestmentsLn 11–13$6.6M$7.2M
Land, buildings, equipmentLn 10c$4.7M$9.7M
Total assetsLn 16$24.0M$30.1M
LiabilitiesLn 26$10.7M$15.8M
Net assetsLn 32$13.3M$14.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.8M$1.8M
Pay of current officers, directors and key staffLn 5$737K$604K$118K$15K
Other salaries and wagesLn 7$5.2M$4.3M$838K$103K
Pension plan contributionsLn 8$246K$201K$39K$5K
Other employee benefitsLn 9$392K$321K$63K$8K
Payroll taxesLn 10$474K$389K$76K$9K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$41K$41K
Investment management feesLn 11f$53K$53K
Other fees for servicesLn 11g$854K$725K$87K$42K
Advertising and promotionLn 12$10K$8K$2K$138
Office expensesLn 13$325K$284K$25K$16K
Information technologyLn 14$158K$114K$28K$17K
OccupancyLn 16$437K$366K$63K$8K
TravelLn 17$238K$225K$8K$4K
Conferences, conventions and meetingsLn 19$99K$86K$9K$5K
Depreciation, depletion and amortizationLn 22$383K$314K$61K$8K
InsuranceLn 23$94K$467$93K$11
Other expenses (24a–d)Ln 24$70K$62K$7K$834
All other expensesLn 24e$46K$39K$7K$575
Total functional expensesLn 25$11.7M$9.8M$1.6M$241K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $12.8M$11.3M$1.5M$13.3M 990 PDF
FY2023 $11.1M$11.0M$20K$12.4M 990 PDF
FY2022 $11.6M$10.4M$1.3M$11.6M 990 PDF
FY2021 $10.9M$9.2M$1.7M$11.5M 990 PDF
FY2020 $10.1M$9.7M$392K$8.3M 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 (6 parts)
Part I · Summary $12,101,725 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $404,322$651,282
I-9 Program service revenuePrior year $10,640,757$10,985,903
I-10 Investment incomePrior year $1,744,173$413,539
I-11 Other revenuePrior year $44,602$51,001
I-12 Total revenuePrior year $12,833,854$12,101,725
I-13 Grants and similar amounts paidPrior year $1,560,129$1,825,450
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,984,398$7,070,333
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,796,334$2,811,961
I-18 Total expensesPrior year $11,340,861$11,707,744
I-19 Revenue less expensesPrior year $1,492,993$393,981
Part VI · Governance 15 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members15
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $12,101,725 across 11 lines filed
Lines not itemized here account for $38,084 of total revenue; see the IRS return.
VIII-1c Fundraising events$64,233
VIII-1e Government grants$101,285
VIII-1f All other contributions, gifts and grants$485,764
VIII-1g Noncash contributions (included above)$82,012
VIII-1h Total contributions, gifts and grants$651,282
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,985,903$10,985,903
VIII-3 Investment incomeExcluded from tax $401,367$401,367
VIII-7 Net gain or loss on sales of assetsExcluded from tax $12,172$12,172
VIII-8 Net income from fundraising eventsExcluded from tax −$33,850−$33,850
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $46,767$46,767
VIII-12 Total revenueRelated to mission $11,068,717 · Unrelated business $0 · Excluded from tax $381,726$12,101,725
Part IX · Statement of functional expenses $11,707,744 across 20 lines filed
IX-2 Grants to domestic individualsPrograms $1,825,450$1,825,450
IX-5 Pay of current officers, directors and key staffPrograms $604,247 · Management $118,273 · Fundraising $14,506$737,026
IX-7 Other salaries and wagesPrograms $4,280,813 · Management $837,904 · Fundraising $102,770$5,221,487
IX-8 Pension plan contributionsPrograms $201,377 · Management $39,417 · Fundraising $4,834$245,628
IX-9 Other employee benefitsPrograms $321,208 · Management $62,871 · Fundraising $7,711$391,790
IX-10 Payroll taxesPrograms $388,936 · Management $76,128 · Fundraising $9,338$474,402
IX-11b Legal feesManagement $4,661$4,661
IX-11c Accounting feesManagement $41,050$41,050
IX-11f Investment management feesManagement $52,564$52,564
IX-11g Other fees for servicesPrograms $724,851 · Management $86,626 · Fundraising $42,411$853,888
IX-12 Advertising and promotionPrograms $7,916 · Management $1,540 · Fundraising $138$9,594
IX-13 Office expensesPrograms $284,406 · Management $24,754 · Fundraising $15,510$324,670
IX-14 Information technologyPrograms $113,678 · Management $27,632 · Fundraising $17,008$158,318
IX-16 OccupancyPrograms $365,515 · Management $63,344 · Fundraising $8,363$437,222
IX-17 TravelPrograms $225,343 · Management $7,876 · Fundraising $4,495$237,714
IX-19 Conferences, conventions and meetingsPrograms $85,548 · Management $8,744 · Fundraising $4,938$99,230
IX-22 Depreciation, depletion and amortizationPrograms $314,444 · Management $61,392 · Fundraising $7,562$383,398
IX-23 InsurancePrograms $467 · Management $93,181 · Fundraising $11$93,659
IX-24 Other expenses (24a–d)Programs $62,052 · Management $7,234 · Fundraising $834$70,120
IX-24e All other expensesPrograms $38,773 · Management $6,525 · Fundraising $575$45,873
IX-25 Total functional expensesPrograms $9,845,024 · Management $1,621,716 · Fundraising $241,004$11,707,744
Part X · Balance sheet $30,075,779 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $7,204,145$7,990,776
X-4 Accounts receivableStart of year $12,909$4,807
X-8 Inventories for sale or useStart of year $6,090$67,804
X-9 Prepaid expenses and deferred chargesStart of year $118,202$78,167
X-10c Land, buildings and equipment, netStart of year $4,707,939$9,692,448
X-11 Publicly traded securitiesStart of year $6,630,087$7,227,159
X-14 Intangible assetsStart of year $221,509$215,526
X-15 Other assetsStart of year $5,120,411$4,799,092
X-16 Total assetsStart of year $24,034,651$30,075,779
X-17 Accounts payable and accrued expensesStart of year $1,044,659$3,107,061
X-19 Deferred revenueStart of year $3,461,246$2,464,765
X-20 Tax-exempt bond liabilitiesStart of year $1,029,112$4,745,992
X-25 Other liabilitiesStart of year $5,120,411$4,799,092
X-26 Total liabilitiesStart of year $10,738,363$15,796,910
X-27 Net assets without donor restrictionsStart of year $11,139,441$11,988,581
X-28 Net assets with donor restrictionsStart of year $2,156,847$2,290,288
X-32 Total net assets or fund balancesStart of year $13,296,288$14,278,869
X-33 Total liabilities and net assetsStart of year $24,034,651$30,075,779
Part XI · Reconciliation of net assets $14,278,869 net assets at year end
XI-1 Total revenue$12,101,725
XI-2 Total expenses$11,707,744
XI-3 Revenue less expenses$393,981
XI-4 Net assets at start of year$13,296,288
XI-5 Net unrealized gains (losses) on investments$588,600
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$14,278,869

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

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