Selwyn School FY2021 filing

Tax-deductible

Argyle, TX501(c)(3)EducationEIN 75-0989569

Founded in 1957, selwyn school is a prominent, independent day school serving k-12 students in north texas.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$133K 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
1 of 5
filings with a surplus
Average deficit $122K a year · 4% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$133K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.0M
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
Spent
$2.7M
To programs
70%
Net assets
$3.1M
By yearFY2021–FY2025
Revenue
$2.4M
FY2021
Revenue by fiscal year
FY2021$2.4M
FY2022$2.6M
FY2023$3.0M
FY2024$3.1M
FY2025$3.6M
Expenses
$2.7M
FY2021
Expenses by fiscal year
FY2021$2.7M
FY2022$2.9M
FY2023$3.1M
FY2024$3.3M
FY2025$3.4M
Net assets
$3.1M
FY2021
Net assets by fiscal year
FY2021$3.1M
FY2022$2.8M
FY2023$2.7M
FY2024$2.5M
FY2025$2.8M

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. Exemption reinstated (2016-10-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Jul 2017.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $1.9M Management & general 30% · $795K

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

Who runs it and what they're paid

9 people listed on the 990; $133K 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
Head of School
$133,186Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Deborah Hof’s $135K as Head of School is at the 56th percentile of top reported officer pay among 3395 $1–10M 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Deborah Hof$135,000$135,000$132,319$130,400$133,186

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 Selwyn School executive salaries →

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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 K-12 students in North Texas.

Provided by the organization

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1 program service account for $1.9M of program spending, described in the organization's own filed words · FY2020.
01

WE PROVIDE A DIVERSE EDUCATION TO STUDENTS FROM KINDERGARTEN TO 12TH GRADE. Selwyn College Preparatory School is an independent, coeducational, college preparatory school for students in Kindergarten through grade 12.

$1.9Mprogram expense

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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
Total grants receivedfrom 1 funder$11K
Grants paid · 15 grants · $2.5M · 2020–2024
Unitemized GrantFY2024$293,438
Unitemized GrantFY2024$209,030
Unitemized GrantFY2024$58,221
Unitemized GrantFY2023$237,318
Unitemized GrantFY2023$210,044
Unitemized GrantFY2023$79,541
Unitemized GrantFY2022$269,055
Unitemized GrantFY2022$90,021
Unitemized GrantFY2022$86,559
Unitemized GrantFY2021$282,425
Unitemized GrantFY2021$176,568
Unitemized GrantFY2021$37,800
Unitemized GrantFY2020$260,198
Unitemized GrantFY2020$176,856
Unitemized GrantFY2020$34,655

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Fees for servicesLn 2g$1.8M
Gifts and grantsLn 1h$548K
Other incomeLn 4–11$8K
Money outPt IX
$2.7M
Ln 25
Programscol B$1.9M
Managementcol C$795K
Owns and owesPt X
$3.1M
net assets · Ln 32
Cash and savingsLn 1–2$445K
Total assetsLn 16$5.1M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$548K
Government grantsLn 1e$284K
Fundraising eventsLn 1c$159K
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$509
Other incomeLn 4–11$8K
Gains on assetsLn 7$0
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
CashLn 1$445K
SavingsLn 2$0
Cash and savings togetherLn 1–2$445K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$4.6M
Other assetsLn 15$0
Total assetsLn 16$5.1M
LiabilitiesLn 26$2.0M
Net assetsLn 32$3.1M
OperationsPt I, VI
EmployeesI 537
VolunteersI 614
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$322K$445K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$4.8M$4.6M
Total assetsLn 16$5.1M$5.1M
LiabilitiesLn 26$1.7M$2.0M
Net assetsLn 32$3.4M$3.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$472K$472K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$132K$82K$50K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.2M$788K$413K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$103K$67K$36K
Payroll taxesLn 10$103K$67K$36K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$11K$11K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$7K$7K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$23K$23K
Information technologyLn 14$48K$21K$26K
RoyaltiesLn 15$0
OccupancyLn 16$132K$92K$40K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$64K$45K$19K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$182K$128K$55K
InsuranceLn 23$78K$51K$27K
Other expenses (24a–d)Ln 24$86K$43K$43K
All other expensesLn 24e$12K$11K$929
Total functional expensesLn 25$2.7M$1.9M$795K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.6M$3.4M$265K$2.8M 990 PDF
FY2024 $3.1M$3.3M−$182K$2.5M 990 PDF
FY2023 $3.0M$3.1M−$120K$2.7M 990 PDF
FY2022 $2.6M$2.9M−$279K$2.8M 990 PDF
FY2021 Viewing $2.4M$2.7M−$296K$3.1M 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 (4 parts)
Part VIII · Statement of revenue $2,364,654 across 12 lines filed
VIII-1c Fundraising events$158,596
VIII-1e Government grants$284,023
VIII-1f All other contributions, gifts and grants$105,636
VIII-1h Total contributions, gifts and grants$548,255
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,807,843$1,807,843
VIII-3 Investment incomeExcluded from tax $509$509
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax −$2,965−$2,965
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,012$11,012
VIII-12 Total revenueRelated to mission $1,818,855 · Excluded from tax −$2,456$2,364,654
Part IX · Statement of functional expenses $2,660,351 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $471,709$471,709
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $81,567 · Management $49,993$131,560
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $787,764 · Management $413,215$1,200,979
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $67,066 · Management $35,673$102,739
IX-10 Payroll taxesPrograms $67,239 · Management $35,823$103,062
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $10,900$10,900
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $6,993$6,993
IX-12 Advertising and promotionManagement $7,386$7,386
IX-13 Office expensesManagement $23,307$23,307
IX-14 Information technologyPrograms $21,178 · Management $26,394$47,572
IX-15 Royalties$0
IX-16 OccupancyPrograms $91,822 · Management $40,133$131,955
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $44,698 · Management $19,157$63,855
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $127,692 · Management $54,725$182,417
IX-23 InsurancePrograms $50,606 · Management $26,962$77,568
IX-24 Other expenses (24a–d)Programs $42,879 · Management $43,264$86,143
IX-24e All other expensesPrograms $11,277 · Management $929$12,206
IX-25 Total functional expensesPrograms $1,865,497 · Management $794,854 · Fundraising $0$2,660,351
Part X · Balance sheet $5,080,349 assets, 19 lines filed
Asset lines not itemized here account for $3,938; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $321,637$444,576
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $26,647$36,674
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $4,777,578$4,595,161
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $5,141,229$5,080,349
X-17 Accounts payable and accrued expensesStart of year $15,544$30,490
X-19 Deferred revenueStart of year $418,306$587,309
X-26 Total liabilitiesStart of year $1,730,826$1,965,643
X-27 Net assets without donor restrictionsStart of year $3,410,403$3,114,706
X-32 Total net assets or fund balancesStart of year $3,410,403$3,114,706
X-33 Total liabilities and net assetsStart of year $5,141,229$5,080,349
Part XI · Reconciliation of net assets $3,114,706 net assets at year end
XI-1 Total revenue$2,364,654
XI-2 Total expenses$2,660,351
XI-3 Revenue less expenses−$295,697
XI-4 Net assets at start of year$3,410,403
XI-10 Net assets at end of year$3,114,706

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

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