Greenwich Academy Inc

Organization Overview

Greenwich Academy Inc is located in Greenwich, CT. The organization was established in 1938. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Greenwich Academy Inc employed 272 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwich Academy Inc 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, Greenwich Academy Inc generated $56.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $51.7m during the year ending 06/2021. While expenses have increased by 2.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GREENWICH ACADEMY IS AN INDEPENDENT COLLEGE-PREPARATORY DAY SCHOOL FOR GIRLS AND YOUNG WOMEN THAT SEEKS TO FOSTER EXCELLENCE. ITS MISSION IS TO PROVIDE A CHALLENGING, COMPREHENSIVE EDUCATIONAL EXPERIENCE GROUNDED IN A RIGOROUS LIBERAL ARTS CURRICULUM WITHIN AN INCLUSIVE, DIVERSE COMMUNITY. THE SCHOOL'S OBJECTIVE IS TO DEVELOP GIRLS AND YOUNG WOMEN OF EXCEPTIONAL CHARACTER AND ACHIEVEMENT WHO DEMONSTRATE INDEPENDENCE, RESILIENCE, COURAGE, INTEGRITY AND COMPASSION. WE STRIVE, ABOVE ALL, TO HONOR OUR MOTTO, "TOWARD THE BUILDING OF CHARACTER."

Describe the Organization's Program Activity:

GREENWICH ACADEMY IS A COLLEGE PREPARATORY DAY SCHOOL SERVING GIRLS IN GRADES PRE-KINDERGARTEN THROUGH GROUP XII. ALL EXPENDITURES FOR COMPENSATION AND OTHER EXPENSES ARE IN SUPPORT OF INSTRUCTIONAL AND INSTITUTIONAL ACTIVITIES. THIS INCLUDES THE INSTRUCTION OFAPPROXIMATELY 800 GIRLS BY 220 FULL TIME AND PART TIME FACULTY AND STAFF.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ap Construction Co
Construction
$19,678,657
Ann Beha Architects Inc
Architects
$1,253,813
Sodexo Inc & Affiliates
Facility Services
$2,097,817
Flik Independent Schools
Dining Services
$891,895
Peter Gisolfi Associates Llp
Architects
$506,865
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$15,495,760
Noncash contributions included in lines 1a–1f $2,520,308
Total Revenue from Contributions, Gifts, Grants & Similar$15,495,760
Total Program Service Revenue$39,215,750
Investment income $14,946
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $382,793
Net Gain/Loss on Asset Sales $1,411,566
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $78,104
Miscellaneous Revenue$0
Total Revenue $56,728,095

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Greenwich Academy Inc has recieved totaling $30,500.

Awarding OrganizationAmount
Oaklawn Foundation

Wilton, CT

PURPOSE: 2022 GRANT OAKLAWN FOUNDATION SCHOLARSHIP FUND

$20,000
Niner Foundation Inc

Jackson, WY

PURPOSE: SUPPORT OF ORGANIZATION

$5,000
Alec And Tamar Ellison Family Foundation

Greenwich, CT

PURPOSE: ORGANIZATION EXEMPT PURPOSE

$3,000
Scrivan Family Foundation

Wilmington, DE

PURPOSE: LEADERSHIP OPPORTUNITIES FOR THE GIRLS

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$121,539,587
Earnings$33,638,448
Net Contributions$2,510,091
Other Expense$12,601,071
Grants$722,104
Ending Balance$144,364,951

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$105,004,685
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$76,873,691
United Nations International School
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$80,239,931
Columbia Grammar & Preparatory School
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$82,489,526
Poly Prep Country Day School
Brooklyn, NY
$76,376,518
Saint Anns School
Brooklyn, NY
$73,475,158
Spence School
New York, NY
$72,977,566
Brunswick School Inc
Greenwich, CT
$63,510,846

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