Cliff Valley School Incorporated

Tax-deductible

Atlanta, GA501(c)(3)Since 1966EIN 58-1152870Revenue $10.1M in FY2024

On file with the IRScliffvalley.org2426 Clairmont Rd Ne, 30329-3330 · Atlanta, GATax-exempt since Jan 1975School — 170(b)(1)(A)(ii)

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To provide outstanding education, focused on children's academic and social development in a caring community environment.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Run by 60 volunteers and 131 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 $855K a year · 10% 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
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$527K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.5 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
$10.2M
55% of total assets
Fine: liabilities are 55% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
22
of 22 voting members
Looks good: 22 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.1M
+0.9% vs prior year
Spent
$9.4M
To programs
86%
Net assets
$8.3M
By yearFY2020–FY2024
Revenue
$10.1M
FY2024▲ +0.9%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.1M
FY2021$7.6M
FY2022$9.9M
FY2023$9.6M
FY2024$10.0M
FY2024$10.1M
Expenses
$9.4M
FY2024▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.9M
FY2021$7.0M
FY2022$8.2M
FY2023$8.6M
FY2024$9.2M
FY2024$9.4M
Net assets
$8.3M
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.6M
FY2021$4.3M
FY2022$5.8M
FY2023$6.8M
FY2024$7.7M
FY2024$8.3M

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

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1975.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $8.1M Management & general 13% · $1.2M Fundraising 1% · $62K

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

24 people listed on the 990; $527K paid to officers and key staff.

Part VII, Section A · reportable compensation
Head of School
$353,301Pt VII · Sec A
Director of Finance
$173,499Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Michael Edwards$353,301$336,275$290,650$298,264$278,943$259,353
Loretta Chapman$173,499$163,401$144,149$152,665$145,099$135,361

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

Educates children from preschool through eighth grade in the Cliff Valley community.

Provided by the organization

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3 programs · $8.1M · in their own filed words · FY2024
01

Instruction

Cliff valley is distinguished by our teachers' ability to bring the highest level of expertise, experience, and creativity to the classroom setting. Student-teacher ratios range from 4:1 in preschool to 8:1 in kindergarten through eighth grade, and students' experiences reflect this.

$7.9Mprogram expense
02

Summer Camp

Recreational and educational experiences are offered for children in preschool through eighth grade during the summer months.

$139Kprogram expense
03

After School Program

Fun and learning continue after the day's last class. Starting in kindergarten a wide variety of after school programs are offered with the opportunity to develop skills beyond the classroom. Programs rotate throughout the year to keep interests fresh and to help students explore new areas of interest.

$89Kprogram 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$10K
Grants paid · 7 grants · $249K · 2019–2024
Unitemized GrantFY2024$60,000
Unitemized GrantFY2024$34,229
Unitemized GrantFY2023$34,600
Unitemized GrantFY2022$32,900
Unitemized GrantFY2021$34,312
Unitemized GrantFY2020$31,270
Unitemized GrantFY2019$21,302

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$10.1M
Ln 12
Fees for servicesLn 2g$9.0M
Gifts and grantsLn 1h$599K
Investment incomeLn 3$225K
Money outPt IX
$9.4M
Ln 25
Programscol B$8.1M
Managementcol C$1.2M
Fundraisingcol D$62K
Owns and owesPt X
$8.3M
net assets · Ln 32
Cash and savingsLn 1–2$5.1M
Total assetsLn 16$18.5M
LiabilitiesLn 26$10.2M
PeoplePt VI, VII
24
listed · VII A
PaidVII A2
Voting boardVI 1a22
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$599K
Noncash giftsLn 1g$60K
Fundraising eventsLn 1c$167K
Fees for servicesLn 2g$9.0M
Investment incomeLn 3$225K
Other incomeLn 4–11$187K
Gains on assetsLn 7$86K
Total revenueLn 12$10.1M
Assets in detailPt X, end of year
CashLn 1$570K
SavingsLn 2$4.5M
Cash and savings togetherLn 1–2$5.1M
InvestmentsLn 11–13$1.2M
Land, buildings, equipmentLn 10c$8.5M
Other assetsLn 15$3.6M
Total assetsLn 16$18.5M
LiabilitiesLn 26$10.2M
Net assetsLn 32$8.3M
OperationsPt I, VI
EmployeesI 5131
VolunteersI 660
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$4.1M$5.1M
InvestmentsLn 11–13$1.1M$1.2M
Land, buildings, equipmentLn 10c$8.5M$8.5M
Total assetsLn 16$18.0M$18.5M
LiabilitiesLn 26$10.3M$10.2M
Net assetsLn 32$7.7M$8.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$94K$94K
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$561K$188K$373K
Other salaries and wagesLn 7$5.4M$4.9M$414K$50K
Pension plan contributionsLn 8$237K$234K$3K
Other employee benefitsLn 9$608K$600K$7K
Payroll taxesLn 10$425K$362K$60K$4K
Accounting feesLn 11c$21K$21K
Other fees for servicesLn 11g$4K$0$4K$0
Advertising and promotionLn 12$16K$13K$3K
Office expensesLn 13$52K$6K$46K
Information technologyLn 14$102K$46K$56K
OccupancyLn 16$506K$368K$137K$1K
Conferences, conventions and meetingsLn 19$19K$18K$1K
InterestLn 20$141K$135K$5K$423
Depreciation, depletion and amortizationLn 22$542K$500K$41K$2K
InsuranceLn 23$180K$172K$7K$539
Other expenses (24a–d)Ln 24$548K$499K$48K$403
All other expensesLn 24e$15K$0$15K$0
Total functional expensesLn 25$9.4M$8.1M$1.2M$62K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $10.0M$9.2M$749K$7.7M 990 PDF
FY2023 $9.6M$8.6M$1.0M$6.8M 990 PDF
FY2022 $9.9M$8.2M$1.6M$5.8M 990 PDF
FY2021 $7.6M$7.0M$615K$4.3M 990 PDF
FY2020 $7.1M$6.9M$260K$3.6M 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 $10,059,629 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $654,039$599,226
I-9 Program service revenuePrior year $8,994,750$9,048,874
I-10 Investment incomePrior year $118,474$225,002
I-11 Other revenuePrior year $202,674$186,527
I-12 Total revenuePrior year $9,969,937$10,059,629
I-13 Grants and similar amounts paidPrior year $35,600$94,229
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,984,868$7,184,635
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,200,046$2,145,971
I-18 Total expensesPrior year $9,220,514$9,424,835
I-19 Revenue less expensesPrior year $749,423$634,794
Part VI · Governance 22 of 22 board members independent, no flags
VI-1a Voting members of the governing body22
VI-1b Independent voting members22
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 $10,059,629 across 10 lines filed
Lines not itemized here account for $5,058 of total revenue; see the IRS return.
VIII-1c Fundraising events$166,695
VIII-1f All other contributions, gifts and grants$432,531
VIII-1g Noncash contributions (included above)$59,864
VIII-1h Total contributions, gifts and grants$599,226
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,048,874$9,048,874
VIII-3 Investment incomeExcluded from tax $139,187$139,187
VIII-6 Net rental income or lossExcluded from tax $271,873$271,873
VIII-7 Net gain or loss on sales of assetsExcluded from tax $85,815$85,815
VIII-8 Net income from fundraising eventsExcluded from tax −$90,404−$90,404
VIII-12 Total revenueRelated to mission $9,048,874 · Unrelated business $0 · Excluded from tax $411,529$10,059,629
Part IX · Statement of functional expenses $9,424,835 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $94,229$94,229
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $187,500 · Management $373,086$560,586
IX-7 Other salaries and wagesPrograms $4,890,200 · Management $414,431 · Fundraising $50,000$5,354,631
IX-8 Pension plan contributionsPrograms $233,795 · Management $2,811$236,606
IX-9 Other employee benefitsPrograms $600,338 · Management $7,217$607,555
IX-10 Payroll taxesPrograms $361,615 · Management $59,843 · Fundraising $3,799$425,257
IX-11c Accounting feesManagement $21,000$21,000
IX-11g Other fees for servicesPrograms $0 · Management $3,850 · Fundraising $0$3,850
IX-12 Advertising and promotionPrograms $13,318 · Fundraising $2,677$15,995
IX-13 Office expensesPrograms $6,128 · Management $45,997$52,125
IX-14 Information technologyPrograms $46,303 · Management $55,694$101,997
IX-16 OccupancyPrograms $367,540 · Management $137,181 · Fundraising $1,150$505,871
IX-19 Conferences, conventions and meetingsPrograms $18,020 · Fundraising $1,380$19,400
IX-20 InterestPrograms $135,251 · Management $5,493 · Fundraising $423$141,167
IX-22 Depreciation, depletion and amortizationPrograms $500,392 · Management $40,514 · Fundraising $1,567$542,473
IX-23 InsurancePrograms $172,220 · Management $6,992 · Fundraising $539$179,751
IX-24 Other expenses (24a–d)Programs $499,221 · Management $48,013 · Fundraising $403$547,637
IX-24e All other expensesPrograms $0 · Management $14,705 · Fundraising $0$14,705
IX-25 Total functional expensesPrograms $8,126,070 · Management $1,236,827 · Fundraising $61,938$9,424,835
Part X · Balance sheet $18,535,005 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $974,006$570,013
X-2 Savings and temporary cash investmentsStart of year $3,156,853$4,508,481
X-3 Pledges and grants receivableStart of year $40,000$20,000
X-4 Accounts receivableStart of year $8,040$11,019
X-9 Prepaid expenses and deferred chargesStart of year $125,796$106,399
X-10c Land, buildings and equipment, netStart of year $8,457,294$8,525,145
X-11 Publicly traded securitiesStart of year $1,143,207$1,212,590
X-15 Other assetsStart of year $4,102,175$3,581,358
X-16 Total assetsStart of year $18,007,371$18,535,005
X-17 Accounts payable and accrued expensesStart of year $385,632$56,569
X-19 Deferred revenueStart of year $5,466,143$5,862,073
X-25 Other liabilitiesStart of year $0$7,045
X-26 Total liabilitiesStart of year $10,340,809$10,228,389
X-27 Net assets without donor restrictionsStart of year $6,684,519$7,196,595
X-28 Net assets with donor restrictionsStart of year $982,043$1,110,021
X-32 Total net assets or fund balancesStart of year $7,666,562$8,306,616
X-33 Total liabilities and net assetsStart of year $18,007,371$18,535,005
Part XI · Reconciliation of net assets $8,306,616 net assets at year end
XI-1 Total revenue$10,059,629
XI-2 Total expenses$9,424,835
XI-3 Revenue less expenses$634,794
XI-4 Net assets at start of year$7,666,562
XI-5 Net unrealized gains (losses) on investments$5,260
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,306,616

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

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