Shore Country Day School
- Assets
- $51.8m
- Revenue
- $17.7m
- Investments
- $0.0
- Employees
- 159
- Location
- Beverly, MA
- Founding
- 07/1937
- Data as of
- 06/2021
- EIN
- 04-2104926
Organization Overview
Shore Country Day School is located in Beverly, MA. The organization was established in 1937. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Shore Country Day School employed 159 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shore Country Day School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Shore Country Day School generated $17.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $14.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION TO STUDENTS IN PRE-K/KINDERGARTEN TO 9TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHORE COUNTRY DAY SCHOOL PROVIDES EDUCATION TO 346 STUDENTS IN PRE-K/KINDERGARTEN TO 9TH GRADE.
OTHER PROGRAM RELATED MISCELLANEOUS INCOME
AUXILIARY ACTIVITIES - SEA SHORE, AN AFTER SCHOOL PROGRAM, PROVIDES A WIDE VARIETY OF OPPORTUNITIES FOR STUDENTS. THE PROGRAM OFFERS CHILDCARE, SUPERVISED STUDY HALL, AND ENRICHMENT CLASSES. CHILDCARE PROVIDES A RANGE OF FUN ACTIVITIES INCLUDING SPORTS, GAMES, COMPUTERS, ARTS AND CRAFTS, AS WELL AS EDUCATIONAL EXPERIENCES FOR STUDENTS. SUPERVISED STUDY HALL IS AN OPTION FOR STUDENTS NEEDING EXTRA TIME TO WORK ON THEIR HOMEWORK IN A QUIET, SUPERVISED ENVIRONMENT. ENRICHMENT CLASSES INCLUDE PRIVATE MUSIC LESSONS, GLASS WORK, COOKING, AND CHESS. ALSO, THE SCHOOL OFFERS A VARIETY OF CAMPS INCLUDING FIELD HOCKEY, GIRLS LACROSSE, CERAMICS, AND A VARIETY OF OTHERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Jackson President | OfficerTrustee | 5 | $0 |
Franklin Foster Trustee | Trustee | 3 | $0 |
John Tucker Treasurer | OfficerTrustee | 5 | $0 |
John Cataldo Clerk | OfficerTrustee | 5 | $0 |
Mark Attia Trustee | Trustee | 3 | $0 |
Beth Card Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,165,331 |
| Investment income | $270,615 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,124 |
| Net Gain/Loss on Asset Sales | $4,617,627 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,689,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,298,389 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $697,324 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,483,478 |
| Pension plan accruals and contributions | $410,968 |
| Other employee benefits | $2,146,216 |
| Payroll taxes | $439,727 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,015 |
| Fees for services: Accounting | $36,439 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,005 |
| Advertising and promotion | $104,800 |
| Office expenses | $113,765 |
| Information technology | $257,381 |
| Royalties | $0 |
| Occupancy | $398,447 |
| Travel | $224,884 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,318 |
| Interest | $153,703 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,122,927 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $14,163,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $872,079 |
| Savings and temporary cash investments | $6,554,322 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,583 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $106,907 |
| Investments—publicly traded securities | $24,114,602 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,799,692 |
| Accounts payable and accrued expenses | $115,830 |
| Grants payable | $0 |
| Deferred revenue | $1,922,035 |
| Tax-exempt bond liabilities | $4,074,729 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $356,632 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,469,226 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $45,330,466 |