St George's Independent School: FY2022 Nonprofit Profile & Form 990 (EIN 62-1761850)

Revenue by fiscal year
FY2020	$21.2M
FY2021	$18.8M
FY2022	$20.7M
FY2023	$16.9M
FY2024	$17.1M
FY2025	$16.0M

Expenses by fiscal year
FY2020	$22.3M
FY2021	$19.3M
FY2022	$20.2M
FY2023	$20.4M
FY2024	$21.7M
FY2025	$23.5M

Net assets by fiscal year
FY2020	$14.8M
FY2021	$14.4M
FY2022	$14.9M
FY2023	$12.9M
FY2024	$20.8M
FY2025	$20.9M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1999.

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

Where the money goes

56 cents of each dollar spent went to programs.

56%

42%

Program services 56% · $11.3M Management & general 42% · $8.4M Fundraising 3% · $518K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

25 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII

Mr Richard Ferguson

Former Highest Compensated Employee

$259,206Pt VII · Sec A

Mr Timothy S Gibson

President of School

$257,562Pt VII · Sec A

Mr William Bladt

Assistant Head of School

$143,835Pt VII · Sec A

Ms Pamela McCarthy

Upper School Director

$140,293Pt VII · Sec A

Mr Gilbert L Brandon

Director of Advancement

$116,435Pt VII · Sec A

Ms Beth Porter

Chief Financial Officer

$115,375Pt VII · Sec A

Mr Anthony Whicker

Director of Wellness

$106,839Pt VII · Sec A

Ms Lori Williamson

Chief Educational Officer

$100,917Pt VII · Sec A

Mr Luke Pruett’s $203K as Ex-Officio Trustee/ Head of School is at the 38th 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

Name	FY2025	FY2022	FY2021	FY2020
Mr Ross Peters	—	—	$138,802	$308,437
Mr Richard Ferguson	—	$259,206	—	—
Mr Timothy S Gibson	—	$257,562	$217,067	$118,832
Mr Luke Pruett	$203,042	—	—	—
Mr William Bladt	—	$143,835	$141,880	$166,632
Ms Pamela McCarthy	—	$140,293	$149,356	$133,298
Mr Gilbert L Brandon	—	$116,435	$113,853	$132,574
Ms Beth Porter	—	$115,375	$112,388	$129,027

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.

See St George's Independent School executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 pre-K through 12th grade across three Memphis campuses.

Questions for St George's Independent School

Tap to ask. St George's Independent School sees how many people are interested.

Your first name shows with your question. St George's Independent School answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $11.3M · in their own filed words · FY2021

01

Coeducational private school for grades pre-k through twelve on 3 campuses in the memphis, TN area.

$11.3Mprogram 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

Anne Potter Wilson Fdn Trust UaFY2025$15K

Coons FoundationFY2025$10K

Thunder INCFY2025$6K

Total grants receivedfrom 3 funders$31K

See all 3 funders →

Grants paid · 1 grant · $2.2M · 2019–2019

St Georges Independent Schools FoundationTN · FY2019$2,224,713

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$20.7M

Ln 12

Fees for servicesLn 2g$14.9M

Other incomeLn 4–11$4.6M

Gifts and grantsLn 1h$1.3M

Money outPt IX

$20.2M

Ln 25

Programscol B$11.3M

Managementcol C$8.4M

Fundraisingcol D$518K

Owns and owesPt X

$14.9M

net assets · Ln 32

Cash and savingsLn 1–2$3.5M

Total assetsLn 16$59.8M

LiabilitiesLn 26$45.0M

PeoplePt VI, VII

25

listed · VII A

PaidVII A8

Voting boardVI 1a17

IndependentVI 1b17

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$1.3M

Fees for servicesLn 2g$14.9M

Investment incomeLn 3$102

Other incomeLn 4–11$4.6M

Total revenueLn 12$20.7M

Assets in detailPt X, end of year

CashLn 1$106K

SavingsLn 2$3.4M

Cash and savings togetherLn 1–2$3.5M

InvestmentsLn 11–13$15.1M

Land, buildings, equipmentLn 10c$32.2M

Other assetsLn 15$55K

Total assetsLn 16$59.8M

LiabilitiesLn 26$45.0M

Net assetsLn 32$14.9M

OperationsPt I, VI

EmployeesI 5408

VolunteersI 6300

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

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$3.5M	$3.5M
InvestmentsLn 11–13	$14.5M	$15.1M
Land, buildings, equipmentLn 10c	$33.5M	$32.2M
Total assetsLn 16	$60.7M	$59.8M
LiabilitiesLn 26	$46.3M	$45.0M
Net assetsLn 32	$14.4M	$14.9M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$373K		$373K
Other salaries and wagesLn 7	$11.1M	$7.1M	$3.8M	$256K
Pension plan contributionsLn 8	$548K	$336K	$196K	$15K
Other employee benefitsLn 9	$629K	$389K	$226K	$15K
Payroll taxesLn 10	$815K	$503K	$292K	$20K
Legal feesLn 11b	$9K		$9K
Accounting feesLn 11c	$22K		$22K
Other fees for servicesLn 11g	$33K		$33K
Advertising and promotionLn 12	$89K			$89K
Office expensesLn 13	$119K		$39K	$80K
Information technologyLn 14	$308K	$150K	$148K	$10K
Conferences, conventions and meetingsLn 19	$98K	$98K
InterestLn 20	$935K		$935K
Depreciation, depletion and amortizationLn 22	$1.6M	$1.5M	$81K
InsuranceLn 23	$221K	$18K	$203K
Other expenses (24a–d)Ln 24	$2.3M	$563K	$1.8M
All other expensesLn 24e	$967K	$608K	$326K	$33K
Total functional expensesLn 25	$20.2M	$11.3M	$8.4M	$518K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$16.0M	$23.5M	−$7.5M	$20.9M	990 PDF
FY2024	$17.1M	$21.7M	−$4.6M	$20.8M	990 PDF
FY2023	$16.9M	$20.4M	−$3.6M	$12.9M	990 PDF
FY2022 Viewing	$20.7M	$20.2M	$518K	$14.9M	990 PDF
FY2021	$18.8M	$19.3M	−$487K	$14.4M	990 PDF
FY2020	$21.2M	$22.3M	−$1.1M	$14.8M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations

See the full FY2022 990 (6 parts)

Part I · Summary $20,730,211 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,249,568$1,263,608

I-9 Program service revenuePrior year $13,993,344$14,887,676

I-10 Investment incomePrior year $230$102

I-11 Other revenuePrior year $3,567,488$4,578,825

I-12 Total revenuePrior year $18,810,630$20,730,211

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $13,069,344$13,488,488

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $6,228,095$6,723,703

I-18 Total expensesPrior year $19,297,439$20,212,191

I-19 Revenue less expensesPrior year −$486,809$518,020

Part VI · Governance 17 of 17 board members independent, no flags

VI-1a Voting members of the governing body17

VI-1b Independent voting members17

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 $20,730,211 across 7 lines filed

Lines not itemized here account for $190,511 of total revenue; see the IRS return.

VIII-1f All other contributions, gifts and grants$1,263,608

VIII-1h Total contributions, gifts and grants$1,263,608

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $14,697,165$14,697,165

VIII-3 Investment incomeRelated to mission $102$102

VIII-6 Net rental income or lossRelated to mission $55,529$55,529

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,523,296$4,523,296

VIII-12 Total revenueRelated to mission $19,466,603 · Unrelated business $0 · Excluded from tax $0$20,730,211

Part IX · Statement of functional expenses $20,212,191 across 17 lines filed

IX-5 Pay of current officers, directors and key staffManagement $372,937$372,937

IX-7 Other salaries and wagesPrograms $7,105,424 · Management $3,762,334 · Fundraising $256,151$11,123,909

IX-8 Pension plan contributionsPrograms $336,431 · Management $196,248 · Fundraising $14,826$547,505

IX-9 Other employee benefitsPrograms $388,819 · Management $225,705 · Fundraising $14,637$629,161

IX-10 Payroll taxesPrograms $503,437 · Management $291,943 · Fundraising $19,596$814,976

IX-11b Legal feesManagement $9,405$9,405

IX-11c Accounting feesManagement $22,200$22,200

IX-11g Other fees for servicesManagement $33,184$33,184

IX-12 Advertising and promotionFundraising $89,339$89,339

IX-13 Office expensesManagement $39,118 · Fundraising $80,066$119,184

IX-14 Information technologyPrograms $150,500 · Management $147,846 · Fundraising $10,100$308,446

IX-19 Conferences, conventions and meetingsPrograms $97,884$97,884

IX-20 InterestManagement $935,371$935,371

IX-22 Depreciation, depletion and amortizationPrograms $1,500,731 · Management $81,248$1,581,979

IX-23 InsurancePrograms $17,802 · Management $203,126$220,928

IX-24 Other expenses (24a–d)Programs $563,363 · Management $1,775,697$2,339,060

IX-24e All other expensesPrograms $608,079 · Management $325,845 · Fundraising $32,799$966,723

IX-25 Total functional expensesPrograms $11,272,470 · Management $8,422,207 · Fundraising $517,514$20,212,191

Part X · Balance sheet $59,834,340 assets, 17 lines filed

X-1 Cash, non-interest-bearingStart of year $3,378,488$106,138

X-2 Savings and temporary cash investmentsStart of year $79,214$3,436,515

X-4 Accounts receivableStart of year $9,036,695$8,855,339

X-9 Prepaid expenses and deferred chargesStart of year $66,636$70,771

X-10c Land, buildings and equipment, netStart of year $33,459,801$32,226,185

X-13 Program-related investmentsStart of year $14,534,647$15,084,311

X-15 Other assetsStart of year $107,808$55,081

X-16 Total assetsStart of year $60,663,289$59,834,340

X-17 Accounts payable and accrued expensesStart of year $7,310$16,435

X-19 Deferred revenueStart of year $12,048,422$11,846,413

X-20 Tax-exempt bond liabilitiesStart of year $31,685,000$30,770,000

X-25 Other liabilitiesStart of year $1,965,332$1,744,400

X-26 Total liabilitiesStart of year $46,301,518$44,954,549

X-27 Net assets without donor restrictionsStart of year $1,872,306$4,906,566

X-28 Net assets with donor restrictionsStart of year $12,489,465$9,973,225

X-32 Total net assets or fund balancesStart of year $14,361,771$14,879,791

X-33 Total liabilities and net assetsStart of year $60,663,289$59,834,340

Part XI · Reconciliation of net assets $14,879,791 net assets at year end

XI-1 Total revenue$20,730,211

XI-2 Total expenses$20,212,191

XI-3 Revenue less expenses$518,020

XI-4 Net assets at start of year$14,361,771

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$14,879,791

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

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

St George's Independent School FY2022 filing

Before you give