Education for students in grades k-12

501(c)(3) charity; gifts are tax-deductible.
57¢ of each $1 spent went to programs.
$318K 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

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
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
4 of 5
filings with a surplus
Average surplus $120K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$318K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $420K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
51% of total assets
Fine: liabilities are 51% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
+43% vs prior year
Spent
$2.6M
To programs
57%
Net assets
$2.9M
By yearFY2021–FY2025
Revenue
$2.8M
FY2024▲ +43%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.9M
FY2022$2.3M
FY2023$2.0M
FY2024$2.8M
FY2025$2.4M
Expenses
$2.6M
FY2024▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.8M
FY2022$2.0M
FY2023$2.1M
FY2024$2.6M
FY2025$2.3M
Net assets
$2.9M
FY2024▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.5M
FY2022$2.8M
FY2023$2.6M
FY2024$2.9M
FY2025$3.0M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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 Jul 1997.

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

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $1.5M Management & general 43% · $1.1M

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

12 people listed on the 990; $318K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Academic Dean
$86,108Pt VII · Sec A
Head of School
$78,257Pt VII · Sec A
Head of Upper School
$72,103Pt VII · Sec A
Business Manager
$60,317Pt VII · Sec A
Head of Lower School
$21,204Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Adam Fitch’s $82K as Head of Upper School is at the 20th 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Bryan Lynch$68,001$86,108$89,216$85,985$83,218
Adam Fitch$82,000$72,103———
Jeff Adams—$78,257$78,650$6,500—
Todd Harris——$63,373$60,936$59,741
Marsha Ackerlund—$60,317$58,950$52,025$50,858
Holly Anderson$57,000————
Heather Olander$52,530$21,204———
Corey Abraira$49,440————

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 15aNo

Programs and updates

Provides educational resources and support for students in kindergarten through twelfth grade.

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Provided by the organization

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1 program · $1.5M · in their own filed words · FY2023
01

In a DISIPLINED/GOAL-ORIENTED environment, the organization provides outstanding primary and secondary education (grade k-12) for approximately 200 students during the fiscal year.

$1.5Mprogram 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 · FY2024
Total grants receivedfrom 2 funders$420K
Grants paid · 5 grants · $609K · 2020–2024
Unitemized GrantFY2024$120,157
Unitemized GrantFY2023$140,924
Unitemized GrantFY2022$122,324
Unitemized GrantFY2021$122,174
Unitemized GrantFY2020$102,922

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Fees for servicesLn 2g$1.9M
Gifts and grantsLn 1h$698K
Investment incomeLn 3$146K
Money outPt IX
$2.6M
Ln 25
Programscol B$1.5M
Managementcol C$1.1M
Owns and owesPt X
$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$5.9M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
12
listed · VII A
PaidVII A5
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$698K
Government grantsLn 1e$518K
Fundraising eventsLn 1c$83K
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$146K
Other incomeLn 4–11$46K
Gains on assetsLn 7$78K
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$609K
SavingsLn 2$513K
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$2.8M
Total assetsLn 16$5.9M
LiabilitiesLn 26$3.0M
Net assetsLn 32$2.9M
OperationsPt I, VI
EmployeesI 544
VolunteersI 6150
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$997K$1.1M
Land, buildings, equipmentLn 10c$2.7M$2.8M
Total assetsLn 16$3.7M$5.9M
LiabilitiesLn 26$1.1M$3.0M
Net assetsLn 32$2.6M$2.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$141K$141K
Pay of current officers, directors and key staffLn 5$450K$450K
Other salaries and wagesLn 7$884K$667K$217K
Pension plan contributionsLn 8$17K$9K$9K
Other employee benefitsLn 9$146K$71K$75K
Payroll taxesLn 10$106K$53K$53K
Other fees for servicesLn 11g$121K$121K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$32K$32K
Information technologyLn 14$42K$38K$5K
OccupancyLn 16$237K$211K$26K
TravelLn 17$11K$11K
InterestLn 20$47K$39K$8K
Depreciation, depletion and amortizationLn 22$101K$89K$11K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$213K$143K$71K
Total functional expensesLn 25$2.6M$1.5M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.4M$2.3M$172K$3.0M 990 PDF
FY2024 Viewing $2.8M$2.6M$252K$2.9M 990 PDF
FY2023 $2.0M$2.1M−$175K$2.6M 990 PDF
FY2022 $2.3M$2.0M$300K$2.8M 990 PDF
FY2021 $1.9M$1.8M$48K$2.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $2,807,824 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $132,849$698,369
I-9 Program service revenuePrior year $1,780,365$1,917,740
I-10 Investment incomePrior year $941$146,072
I-11 Other revenuePrior year $48,383$45,643
I-12 Total revenuePrior year $1,962,538$2,807,824
I-13 Grants and similar amounts paidPrior year $122,324$140,924
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,478,171$1,604,607
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $536,711$809,971
I-18 Total expensesPrior year $2,137,206$2,555,502
I-19 Revenue less expensesPrior year −$174,668$252,322
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,807,824 across 10 lines filed
VIII-1c Fundraising events$83,379
VIII-1e Government grants$517,512
VIII-1f All other contributions, gifts and grants$97,478
VIII-1h Total contributions, gifts and grants$698,369
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,917,740$1,917,740
VIII-3 Investment incomeExcluded from tax $68,572$68,572
VIII-7 Net gain or loss on sales of assetsExcluded from tax $77,500$77,500
VIII-8 Net income from fundraising eventsExcluded from tax $42,867$42,867
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,776$2,776
VIII-12 Total revenueRelated to mission $1,920,516 · Unrelated business $0 · Excluded from tax $188,939$2,807,824
Part IX · Statement of functional expenses $2,555,502 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $140,924$140,924
IX-5 Pay of current officers, directors and key staffManagement $450,268$450,268
IX-7 Other salaries and wagesPrograms $666,937 · Management $217,458$884,395
IX-8 Pension plan contributionsPrograms $8,586 · Management $8,586$17,172
IX-9 Other employee benefitsPrograms $71,403 · Management $74,953$146,356
IX-10 Payroll taxesPrograms $53,208 · Management $53,208$106,416
IX-11g Other fees for servicesManagement $121,386$121,386
IX-12 Advertising and promotionManagement $3,672$3,672
IX-13 Office expensesManagement $32,050$32,050
IX-14 Information technologyPrograms $37,700 · Management $4,660$42,360
IX-16 OccupancyPrograms $210,579 · Management $25,975$236,554
IX-17 TravelManagement $10,704$10,704
IX-20 InterestPrograms $39,350 · Management $7,764$47,114
IX-22 Depreciation, depletion and amortizationPrograms $89,424 · Management $11,154$100,578
IX-23 InsuranceManagement $2,284$2,284
IX-24 Other expenses (24a–d)Programs $142,513 · Management $70,756$213,269
IX-25 Total functional expensesPrograms $1,460,624 · Management $1,094,878 · Fundraising $0$2,555,502
Part X · Balance sheet $5,898,523 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $441,513$609,196
X-2 Savings and temporary cash investmentsStart of year $555,074$513,087
X-3 Pledges and grants receivableStart of year $1,587$1,970,768
X-9 Prepaid expenses and deferred chargesStart of year $24,077$9,820
X-10c Land, buildings and equipment, netStart of year $2,675,218$2,784,924
X-14 Intangible assetsStart of year $11,942$10,728
X-16 Total assetsStart of year $3,709,411$5,898,523
X-17 Accounts payable and accrued expensesStart of year $8,238$16,010
X-19 Deferred revenueStart of year $424,332$2,368,690
X-26 Total liabilitiesStart of year $1,096,312$3,033,102
X-27 Net assets without donor restrictionsStart of year $2,613,099$2,865,421
X-32 Total net assets or fund balancesStart of year $2,613,099$2,865,421
X-33 Total liabilities and net assetsStart of year $3,709,411$5,898,523
Part XI · Reconciliation of net assets $2,865,421 net assets at year end
XI-1 Total revenue$2,807,824
XI-2 Total expenses$2,555,502
XI-3 Revenue less expenses$252,322
XI-4 Net assets at start of year$2,613,099
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,865,421

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

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