The Frederick Gunn School Incorporated
- Assets
- $93.8m
- Revenue
- $33.1m
- Investments
- $9.7m
- Employees
- 176
- Location
- Washington, CT
- Founding
- 10/1929
- Data as of
- 06/2021
- EIN
- 06-0646661
Organization Overview
The Frederick Gunn School Incorporated is located in Washington, CT. The organization was established in 1929. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Frederick Gunn School Incorporated employed 176 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frederick Gunn School Incorporated 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, Frederick Gunn School Incorporated generated $33.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $25.1m during the year ending 06/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 STUDENTS WITH A SECONDARY EDUCATION IN AN ATMOSPHERE CONDUCIVE TO LEARNING AND SOCIAL INTERACTION WITH OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM SERVICE ACTIVITIES PROVIDED BY THE SCHOOL ARE THOSE ASSOCIATED WITH COLLEGE PREPARATORY INSTITUTIONS. THESE ACTIVITIES INCLUDE PROVIDING STUDENTS A SECONDARY EDUCATION, DORMITORY SERVICES AND A SCHOOL STORE.
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 |
|---|---|---|---|
Peter We Becker Trustee - Head Of School | OfficerTrustee | 50 | $349,956 |
Stephen Baird Trustee | Trustee | 1 | $0 |
William Bardel Trustee | Trustee | 1 | $0 |
Robert Bellinger Trustee | Trustee | 1 | $0 |
Sarah Scheel Cook Trustee | Trustee | 1 | $0 |
Jon C Deveaux Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Meritain Health Health Administration Services | 6/29/22 | $526,786 |
Sasaki Associates Architectural Design Services | 6/29/22 | $513,259 |
Community Counseling Service Co Llc Campaign Counseling | 6/29/22 | $349,500 |
Preferred Building Maintenance Llc Cleaning Service | 6/29/22 | $225,675 |
Ethan Labella Elite Contracting Llc Contracting Services | 6/29/22 | $106,947 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,984,857 |
| Investment income | $347,478 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $83,692 |
| Net Gain/Loss on Asset Sales | $1,034,139 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $32,342 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,115,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $6,154,810 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $872,657 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,159,321 |
| Pension plan accruals and contributions | $473,627 |
| Other employee benefits | $1,665,028 |
| Payroll taxes | $474,516 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $145,935 |
| Fees for services: Accounting | $46,941 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $642,655 |
| Fees for services: Investment Management | $88,192 |
| Fees for services: Other | $0 |
| Advertising and promotion | $136,744 |
| Office expenses | $0 |
| Information technology | $436,996 |
| Royalties | $0 |
| Occupancy | $1,019,356 |
| Travel | $17,243 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93,449 |
| Interest | $356,460 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,977,227 |
| Insurance | $282,473 |
| All other expenses | $0 |
| Total functional expenses | $25,064,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,678,475 |
| Savings and temporary cash investments | $40,501 |
| Pledges and grants receivable | $5,004,972 |
| Accounts receivable, net | $516,021 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $73,904 |
| Prepaid expenses and deferred charges | $301,956 |
| Investments—publicly traded securities | $20,556,982 |
| Investments—other securities | $9,718,275 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $93,845,692 |
| Accounts payable and accrued expenses | $1,621,035 |
| Grants payable | $0 |
| Deferred revenue | $5,684,329 |
| Tax-exempt bond liabilities | $6,500,926 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,515,661 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,321,951 |
| 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 | $74,523,741 |