Hammond School FY2023 filing

Tax-deductible

Columbia, SC501(c)(3)Since 1965EducationEIN 57-0477924Revenue $25.2M in FY2023

On file with the IRShammondschool.org854 Galway Ln, 29209-2037 · Columbia, SCTax-exempt since Feb 1984School — 170(b)(1)(A)(ii)

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The mission of Hammond School is to instill in students a commitment to academic excellence and recognition of individual potential that will contribute to the development of their characters.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$903K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
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
4 of 5
filings with a surplus
Average surplus $2.1M a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$903K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$30.4M
45% of total assets
Looks good: liabilities are 45% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 24 voting members
Looks good: 21 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.2M
+8% vs prior year
Spent
$21.6M
To programs
90%
Net assets
$37.2M
By yearFY2020–FY2024
Revenue
$25.2M
FY2023▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$20.2M
FY2021$20.1M
FY2022$23.2M
FY2023$25.2M
FY2024$25.7M
FY2024$27.2M
Expenses
$21.6M
FY2023▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$19.0M
FY2021$20.2M
FY2022$20.4M
FY2023$21.6M
FY2024$22.7M
FY2024$23.5M
Net assets
$37.2M
FY2023▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$29.9M
FY2021$31.7M
FY2022$33.2M
FY2023$37.2M
FY2024$40.7M
FY2024$44.7M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Feb 1984.

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% · $19.4M Management & general 10% · $2.3M

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

30 people listed on the 990; $903K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Head of School
$304,117Pt VII · Sec A
Chief Financial Officer
$141,318Pt VII · Sec A
Lower School Head
$122,514Pt VII · Sec A
Athletic Director
$122,244Pt VII · Sec A
Upper School Head
$112,931Pt VII · Sec A
Middle School Head
$100,368Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Andrew M North’s $346K as Head of School is at the 72nd 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
Christopher B Angel———$509,244$489,493$485,953
Andrew M North$345,669$320,326$304,117———
Andrew North———$191,696$117,472—
Grace Moore$148,529$138,830$141,318$108,911——
Candace Leaphart————$148,255$145,210
Susan Keenan———$144,072$131,537$137,969
Jeff Barnes$136,664$129,063$122,244$113,979$111,544$111,867
Elaine Arnold$122,877$129,253————

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students to achieve academic excellence and recognize their potential for character development.

Provided by the organization

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1 program · $19.4M · in their own filed words · FY2022
01

Hammond school is a non-profit primary educational institution providing education from preschool through grade 12.

$19.4Mprogram 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 · FY2025
Total grants receivedfrom 1 funder$12K
Grants paid · 6 grants · $11.4M · 2019–2024
Unitemized GrantFY2024$1,967,460
Unitemized GrantFY2023$2,012,955
Unitemized GrantFY2022$1,960,312
Unitemized GrantFY2021$1,857,386
Unitemized GrantFY2020$1,868,718
Unitemized GrantFY2019$1,701,982

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$25.2M
Ln 12
Fees for servicesLn 2g$21.1M
Gifts and grantsLn 1h$2.8M
Investment incomeLn 3$845K
Money outPt IX
$21.6M
Ln 25
Programscol B$19.4M
Managementcol C$2.3M
Owns and owesPt X
$37.2M
net assets · Ln 32
Cash and savingsLn 1–2$5.7M
Total assetsLn 16$67.7M
LiabilitiesLn 26$30.4M
PeoplePt VI, VII
30
listed · VII A
PaidVII A6
Voting boardVI 1a24
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.8M
Noncash giftsLn 1g$30K
Fundraising eventsLn 1c$93K
Fees for servicesLn 2g$21.1M
Investment incomeLn 3$845K
Other incomeLn 4–11$495K
Gains on assetsLn 7$330K
Total revenueLn 12$25.2M
Assets in detailPt X, end of year
CashLn 1$5.7M
Cash and savings togetherLn 1–2$5.7M
InvestmentsLn 11–13$21.4M
Land, buildings, equipmentLn 10c$30.3M
Other assetsLn 15$725K
Total assetsLn 16$67.7M
LiabilitiesLn 26$30.4M
Net assetsLn 32$37.2M
OperationsPt I, VI
EmployeesI 5341
VolunteersI 6500
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$16.4M$5.7M
InvestmentsLn 11–13$9.0M$21.4M
Land, buildings, equipmentLn 10c$29.1M$30.3M
Total assetsLn 16$62.5M$67.7M
LiabilitiesLn 26$29.4M$30.4M
Net assetsLn 32$33.2M$37.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2.0M$2.0M
Pay of current officers, directors and key staffLn 5$1.4M$1.2M$150K
Other salaries and wagesLn 7$8.3M$7.4M$896K
Pension plan contributionsLn 8$382K$338K$44K
Other employee benefitsLn 9$1.8M$1.6M$206K
Payroll taxesLn 10$677K$599K$79K
Management feesLn 11a$98K$91K$7K
InterestLn 20$247K$247K
Depreciation, depletion and amortizationLn 22$2.0M$1.8M$215K
InsuranceLn 23$275K$246K$29K
Other expenses (24a–d)Ln 24$3.7M$3.4M$306K
All other expensesLn 24e$850K$767K$82K
Total functional expensesLn 25$21.6M$19.4M$2.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $25.7M$22.7M$3.0M$40.7M 990 PDF
FY2023 Viewing $25.2M$21.6M$3.5M$37.2M 990 PDF
FY2022 $23.2M$20.4M$2.9M$33.2M 990 PDF
FY2021 $20.1M$20.2M−$67K$31.7M 990 PDF
FY2020 $20.2M$19.0M$1.2M$29.9M 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 $25,156,420 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,581,081$2,763,341
I-9 Program service revenuePrior year $20,618,879$21,053,595
I-10 Investment incomePrior year $547,627$844,580
I-11 Other revenuePrior year $459,022$494,904
I-12 Total revenuePrior year $23,206,609$25,156,420
I-13 Grants and similar amounts paidPrior year $1,857,386$1,960,312
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $12,031,269$12,469,386
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,463,047$7,207,108
I-18 Total expensesPrior year $20,351,702$21,636,806
I-19 Revenue less expensesPrior year $2,854,907$3,519,614
Part VI · Governance 21 of 24 board members independent, 1 to look at
VI-1a Voting members of the governing body24
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsYes
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 $25,156,420 across 10 lines filed
Lines not itemized here account for $131,269 of total revenue; see the IRS return.
VIII-1c Fundraising events$92,545
VIII-1f All other contributions, gifts and grants$2,670,796
VIII-1g Noncash contributions (included above)$30,462
VIII-1h Total contributions, gifts and grants$2,763,341
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,922,326$20,922,326
VIII-3 Investment incomeExcluded from tax $514,714$514,714
VIII-7 Net gain or loss on sales of assetsExcluded from tax $329,866$329,866
VIII-8 Net income from fundraising eventsExcluded from tax $124,694$124,694
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $370,210$370,210
VIII-12 Total revenueRelated to mission $21,423,805 · Unrelated business $0 · Excluded from tax $969,274$25,156,420
Part IX · Statement of functional expenses $21,636,806 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $1,960,312$1,960,312
IX-5 Pay of current officers, directors and key staffPrograms $1,234,879 · Management $150,404$1,385,283
IX-7 Other salaries and wagesPrograms $7,355,406 · Management $895,862$8,251,268
IX-8 Pension plan contributionsPrograms $338,022 · Management $44,468$382,490
IX-9 Other employee benefitsPrograms $1,566,827 · Management $206,124$1,772,951
IX-10 Payroll taxesPrograms $598,640 · Management $78,754$677,394
IX-11a Management feesPrograms $91,239 · Management $6,894$98,133
IX-20 InterestManagement $247,205$247,205
IX-22 Depreciation, depletion and amortizationPrograms $1,815,431 · Management $214,798$2,030,229
IX-23 InsurancePrograms $245,925 · Management $29,097$275,022
IX-24 Other expenses (24a–d)Programs $3,400,966 · Management $306,005$3,706,971
IX-24e All other expensesPrograms $767,227 · Management $82,321$849,548
IX-25 Total functional expensesPrograms $19,374,874 · Management $2,261,932 · Fundraising $0$21,636,806
Part X · Balance sheet $67,669,824 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $16,389,352$5,662,237
X-3 Pledges and grants receivableStart of year $74,864$1,341,222
X-4 Accounts receivableStart of year $7,217,227$7,717,059
X-8 Inventories for sale or useStart of year $33,947$64,615
X-9 Prepaid expenses and deferred chargesStart of year $281,422$415,323
X-10c Land, buildings and equipment, netStart of year $29,103,895$30,322,794
X-11 Publicly traded securitiesStart of year $9,012,915$21,422,062
X-15 Other assetsStart of year $417,328$724,512
X-16 Total assetsStart of year $62,530,950$67,669,824
X-17 Accounts payable and accrued expensesStart of year $2,294,208$3,255,680
X-19 Deferred revenueStart of year $16,090,184$16,856,149
X-20 Tax-exempt bond liabilitiesStart of year $10,187,595$9,696,057
X-25 Other liabilitiesStart of year $800,166$634,699
X-26 Total liabilitiesStart of year $29,372,153$30,442,585
X-27 Net assets without donor restrictionsStart of year $29,567,991$31,929,440
X-28 Net assets with donor restrictionsStart of year $3,590,806$5,297,799
X-32 Total net assets or fund balancesStart of year $33,158,797$37,227,239
X-33 Total liabilities and net assetsStart of year $62,530,950$67,669,824
Part XI · Reconciliation of net assets $37,227,239 net assets at year end
XI-1 Total revenue$25,156,420
XI-2 Total expenses$21,636,806
XI-3 Revenue less expenses$3,519,614
XI-4 Net assets at start of year$33,158,797
XI-5 Net unrealized gains (losses) on investments$263,092
XI-9 Other changes in net assets$285,736
XI-10 Net assets at end of year$37,227,239

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

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