Rumsey Hall School Incorporated is located in Washington Depot, CT. The organization was established in 1942. 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 06/2022, Rumsey Hall School Incorporated employed 122 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rumsey Hall 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 06/2022, Rumsey Hall School Incorporated generated $17.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $17.0m during the year ending 06/2022. While expenses have increased by 3.1% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE COMMITTED TO A WHOLE-CHILD APPROACH TO EDUCATION. THE CLOSE RELATIONSHIPS BETWEEN FACULTY AND STUDENTS ARE THE CORE OF THE SCHOOL'S FAMILY ATMOSPHERE.
Describe the Organization's Program Activity:
RUMSEY HALL SCHOOL IS A COED BOARDING AND DAY INDEPENDENT SCHOOL PROVIDING EDUCATIONAL INSTRUCTION TO 327 STUDENTS IN GRADES KINDERGARTEN THROUGH NINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory Loss Board Chair | OfficerTrustee | 2 | $0 |
Suzanne Blaicher Board Vice Chair | OfficerTrustee | 2 | $0 |
Greg Warner Board Secretary | OfficerTrustee | 2 | $0 |
John Fauster Board Treasurer | OfficerTrustee | 2 | $0 |
Lauren Booth Trustee | Trustee | 2 | $0 |
Graham Cole Trustee | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Culinart Group Inc Food Service | 6/29/22 | $1,077,387 |
Segalla's Turnkey Housing Llc Modular Construction | 6/29/22 | $300,000 |
E&r Laundry & Dry Cleaners Laundry Services | 6/29/22 | $130,204 |
Diversified Building Services Llc Cleaning Services | 6/29/22 | $207,450 |
Yale University Treasury Services Covid Testing | 6/29/22 | $115,395 |
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 | $1,511,014 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,511,014 |
Total Program Service Revenue | $14,454,800 |
Investment income | $701,800 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $133,569 |
Net Gain/Loss on Asset Sales | $919,531 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $19,092 |
Miscellaneous Revenue | $0 |
Total Revenue | $17,948,130 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,268,690 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,000,679 |
Compensation of current officers, directors, key employees. | $677,409 |
Compensation to disqualified persons | $28,260 |
Other salaries and wages | $5,481,032 |
Pension plan accruals and contributions | $234,308 |
Other employee benefits | $2,447,759 |
Payroll taxes | $463,071 |
Fees for services: Management | $0 |
Fees for services: Legal | $83,918 |
Fees for services: Accounting | $39,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $164,836 |
Fees for services: Other | $29,941 |
Advertising and promotion | $47,780 |
Office expenses | $202,835 |
Information technology | $205,205 |
Royalties | $0 |
Occupancy | $1,019,278 |
Travel | $270,354 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,297,042 |
Insurance | $255,032 |
All other expenses | $211,298 |
Total functional expenses | $16,982,751 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $211,441 |
Savings and temporary cash investments | $1,434,725 |
Pledges and grants receivable | $290,000 |
Accounts receivable, net | $5,310 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $78,042 |
Prepaid expenses and deferred charges | $94,824 |
Net Land, buildings, and equipment | $31,557,575 |
Investments—publicly traded securities | $29,908,162 |
Investments—other securities | $46,462 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $63,626,541 |
Accounts payable and accrued expenses | $955,417 |
Grants payable | $0 |
Deferred revenue | $2,756,983 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $503,894 |
Total liabilities | $4,216,294 |
Net assets without donor restrictions | $56,152,676 |
Net assets with donor restrictions | $3,257,571 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $63,626,541 |