Darlington School FY2021 filing

Tax-deductible

Rome, GA501(c)(3)Since 1922EducationEIN 58-0566169Revenue $34.2M in FY2021

On file with the IRSdarlingtonschool.org1014 Cave Spring Rd Sw, 30161-4701 · Rome, GATax-exempt since Mar 1935School — 170(b)(1)(A)(ii)

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To empower students to learn with passion, act with integrity, and serve with respect.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$940K 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

FY2021 · 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
6 of 6
filings with a surplus
Average surplus $5.4M a year · 15% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$940K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $26K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$19.8M
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 25 voting members
Looks good: 24 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$34.2M
+17% vs prior year
Spent
$28.5M
To programs
85%
Net assets
$75.0M
By yearFY2020–FY2025
Revenue
$34.2M
FY2021▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$29.2M
FY2021$34.2M
FY2022$28.4M
FY2023$50.7M
FY2024$32.9M
FY2025$38.6M
Expenses
$28.5M
FY2021-0.3%
Tap a bar for its year
Expenses by fiscal year
FY2020$28.6M
FY2021$28.5M
FY2022$28.3M
FY2023$30.1M
FY2024$31.8M
FY2025$34.5M
Net assets
$75.0M
FY2021▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$63.9M
FY2021$75.0M
FY2022$65.0M
FY2023$80.9M
FY2024$88.9M
FY2025$96.1M

From the FY2021 Form 990 (year ending May 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Mar 1935.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $24.4M Management & general 12% · $3.3M Fundraising 3% · $844K

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; $940K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Headmaster/Secretary
$312,231Pt VII · Sec A
$150,708Pt VII · Sec A
Dir. of Soccer Academy
$139,049Pt VII · Sec A
Strat. Initiatives
$123,883Pt VII · Sec A
Dean of College
$108,661Pt VII · Sec A
Dir. of Enrollment Management
$105,866Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

L Brent Bell’s $361K as Headmaster/Secretary is at the 75th 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
L Brent Bell$360,599$281,641$317,994$327,165$312,231$279,399
Joseph W Montgomery—————$186,062
Eliabeth W Pollard———$161,065——
Elizabeth W Pollard————$150,708$138,538
Natalie L Ferguson$150,673$136,723$91,991———
Chad a Liddle$145,551$139,391$136,588$130,515$139,049$136,237
Matthew Peer$131,971$127,839$118,585$115,388$105,866—
Joseph Montgomery————$123,883—

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

Inspires students to learn with passion, act with integrity, and serve with respect.

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Provided by the organization

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1 program · $24.4M · in their own filed words · FY2020
01

Darlington School is a 115-plus year old independent boarding and day school providing co-education college preparatory education to over 700 students in grades PK through twelve. Each year, the school educates approximately 525 day students in grades PK-12 and 180 boarding students in grades 9-12.

$24.4Mprogram 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 3 funders$26K
See all 3 funders →
Grants paid · 4 grants · $17.9M · 2019–2021
Unitemized GrantFY2021$4,651,321
Unitemized GrantFY2020$5,365,073
Unitemized GrantFY2020$1,475,973
Unitemized GrantFY2019$6,414,768

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$34.2M
Ln 12
Fees for servicesLn 2g$20.8M
Gifts and grantsLn 1h$11.4M
Investment incomeLn 3$1.9M
Money outPt IX
$28.5M
Ln 25
Programscol B$24.4M
Managementcol C$3.3M
Fundraisingcol D$844K
Owns and owesPt X
$75.0M
net assets · Ln 32
Cash and savingsLn 1–2$8.5M
Total assetsLn 16$94.8M
LiabilitiesLn 26$19.8M
PeoplePt VI, VII
30
listed · VII A
PaidVII A6
Voting boardVI 1a25
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.4M
Government grantsLn 1e$298K
Noncash giftsLn 1g$87K
Fees for servicesLn 2g$20.8M
Investment incomeLn 3$1.9M
Other incomeLn 4–11$124K
Gains on assetsLn 7$1.5M
Total revenueLn 12$34.2M
Assets in detailPt X, end of year
CashLn 1$4.6M
SavingsLn 2$3.9M
Cash and savings togetherLn 1–2$8.5M
InvestmentsLn 11–13$41.2M
Land, buildings, equipmentLn 10c$38.9M
Other assetsLn 15$621K
Total assetsLn 16$94.8M
LiabilitiesLn 26$19.8M
Net assetsLn 32$75.0M
OperationsPt I, VI
EmployeesI 5242
VolunteersI 660
Fiscal year endsHeaderMay
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 FY21End FY21
Cash and savingsLn 1–2$6.9M$8.5M
InvestmentsLn 11–13$31.9M$41.2M
Land, buildings, equipmentLn 10c$40.8M$38.9M
Total assetsLn 16$82.3M$94.8M
LiabilitiesLn 26$18.4M$19.8M
Net assetsLn 32$63.9M$75.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$6.8M$6.8M
Grants and assistance to foreign recipientsLn 3$572K$572K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$534K$425K$67K$41K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$7.2M$5.8M$913K$558K
Pension plan contributionsLn 8$744K$590K$101K$53K
Other employee benefitsLn 9$1.1M$894K$154K$80K
Payroll taxesLn 10$580K$460K$79K$41K
Management feesLn 11a$0
Legal feesLn 11b$538K$538K
Accounting feesLn 11c$51K$51K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$80K$80K
Other fees for servicesLn 11g$39K$3K$36K
Advertising and promotionLn 12$117K$117K
Office expensesLn 13$772K$604K$154K$14K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$998K$764K$226K$8K
TravelLn 17$237K$210K$8K$19K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$408K$408K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2.4M$2.0M$351K$21K
InsuranceLn 23$391K$190K$199K$2K
Other expenses (24a–d)Ln 24$4.5M$4.5M$37K$2K
All other expensesLn 24e$342K$161K$177K$4K
Total functional expensesLn 25$28.5M$24.4M$3.3M$844K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $38.6M$34.5M$4.1M$96.1M 990 PDF
FY2024 $32.9M$31.8M$1.0M$88.9M 990 PDF
FY2023 $50.7M$30.1M$20.6M$80.9M 990 PDF
FY2022 $28.4M$28.3M$140K$65.0M 990 PDF
FY2021 Viewing $34.2M$28.5M$5.7M$75.0M 990 PDF
FY2020 $29.2M$28.6M$599K$63.9M 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 FY2021 990 (6 parts)
Part I · Summary $34,180,644 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,748,649$11,407,825
I-9 Program service revenuePrior year $22,617,754$20,752,618
I-10 Investment incomePrior year $749,840$1,896,165
I-11 Other revenuePrior year $48,421$124,036
I-12 Total revenuePrior year $29,164,664$34,180,644
I-13 Grants and similar amounts paidPrior year $6,414,768$7,413,216
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $10,506,273$10,212,833
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $11,644,368$10,867,752
I-18 Total expensesPrior year $28,565,409$28,493,801
I-19 Revenue less expensesPrior year $599,255$5,686,843
Part VI · Governance 24 of 25 board members independent, no flags
VI-1a Voting members of the governing body25
VI-1b Independent voting members24
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 $34,180,644 across 12 lines filed
Lines not itemized here account for $35,815 of total revenue; see the IRS return.
VIII-1e Government grants$297,770
VIII-1f All other contributions, gifts and grants$11,110,055
VIII-1g Noncash contributions (included above)$86,743
VIII-1h Total contributions, gifts and grants$11,407,825
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,752,618$20,752,618
VIII-3 Investment incomeExcluded from tax $387,740$387,740
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,508,425$1,508,425
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $88,221$88,221
VIII-12 Total revenueRelated to mission $20,840,839 · Excluded from tax $1,931,980$34,180,644
Part IX · Statement of functional expenses $28,493,801 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $6,841,046$6,841,046
IX-3 Grants and assistance to foreign recipientsPrograms $572,170$572,170
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $425,158 · Management $67,470 · Fundraising $41,230$533,858
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $5,755,562 · Management $913,369 · Fundraising $558,151$7,227,082
IX-8 Pension plan contributionsPrograms $589,712 · Management $101,224 · Fundraising $52,679$743,615
IX-9 Other employee benefitsPrograms $894,489 · Management $153,538 · Fundraising $79,905$1,127,932
IX-10 Payroll taxesPrograms $460,234 · Management $78,999 · Fundraising $41,113$580,346
IX-11a Management fees$0
IX-11b Legal feesManagement $537,687$537,687
IX-11c Accounting feesManagement $50,825$50,825
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $79,775$79,775
IX-11g Other fees for servicesPrograms $2,712 · Management $36,384$39,096
IX-12 Advertising and promotionManagement $117,427$117,427
IX-13 Office expensesPrograms $604,100 · Management $154,078 · Fundraising $14,130$772,308
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $764,125 · Management $226,152 · Fundraising $8,174$998,451
IX-17 TravelPrograms $209,824 · Management $8,386 · Fundraising $18,698$236,908
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $407,848$407,848
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $1,983,141 · Management $350,507 · Fundraising $21,214$2,354,862
IX-23 InsurancePrograms $190,108 · Management $198,815 · Fundraising $2,034$390,957
IX-24 Other expenses (24a–d)Programs $4,499,528 · Management $37,379 · Fundraising $2,262$4,539,169
IX-24e All other expensesPrograms $161,446 · Management $176,546 · Fundraising $4,447$342,439
IX-25 Total functional expensesPrograms $24,361,203 · Management $3,288,561 · Fundraising $844,037$28,493,801
Part X · Balance sheet $94,811,273 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $3,105,630$4,602,760
X-2 Savings and temporary cash investmentsStart of year $3,744,637$3,880,159
X-3 Pledges and grants receivableStart of year $980,347$4,991,593
X-4 Accounts receivableStart of year $536,829$298,820
X-8 Inventories for sale or useStart of year $60,148$53,961
X-9 Prepaid expenses and deferred chargesStart of year $192,363$228,822
X-10c Land, buildings and equipment, netStart of year $40,824,497$38,887,460
X-11 Publicly traded securitiesStart of year $31,225,219$40,722,526
X-12 Other securitiesStart of year $662,499$524,160
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $602,841$621,012
X-16 Total assetsStart of year $82,333,425$94,811,273
X-17 Accounts payable and accrued expensesStart of year $727,918$2,240,298
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $2,898,318$4,006,103
X-20 Tax-exempt bond liabilitiesStart of year $14,090,000$13,340,000
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $716,367$242,866
X-26 Total liabilitiesStart of year $18,432,603$19,829,267
X-27 Net assets without donor restrictionsStart of year $63,900,822$32,190,316
X-28 Net assets with donor restrictionsStart of year $0$42,791,690
X-32 Total net assets or fund balancesStart of year $63,900,822$74,982,006
X-33 Total liabilities and net assetsStart of year $82,333,425$94,811,273
Part XI · Reconciliation of net assets $74,982,006 net assets at year end
XI-1 Total revenue$34,180,644
XI-2 Total expenses$28,493,801
XI-3 Revenue less expenses$5,686,843
XI-4 Net assets at start of year$63,900,822
XI-5 Net unrealized gains (losses) on investments$7,095,224
XI-8 Prior period adjustments−$1,818,371
XI-9 Other changes in net assets$117,488
XI-10 Net assets at end of year$74,982,006

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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