The Stonehaven School Inc
- Assets
- $4.4m
- Revenue
- $3.1m
- Investments
- $149.2k
- Employees
- 53
- Location
- Marietta, GA
- Founding
- 11/2005
- Data as of
- 06/2022
- EIN
- 20-1108972
Organization Overview
The Stonehaven School Inc is located in Marietta, GA. The organization was established in 2005. 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, Stonehaven School Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stonehaven School 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 06/2022, Stonehaven School Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $2.8m during the year ending 06/2022. While expenses have increased by 16.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE STONEHAVEN SCHOOL EXISTS TO GLORIFY GOD BY CULTIVATING TRUTH, GOODNESS, AND BEAUTY IN STUDENTS THROUGH A DISTINCTLY CHRIST-CENTERED CLASSICAL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL TAUGHT EDUCATIONAL PROGRAMS TO STUDENTS THROUGH THE CLASSICAL METHOD. THE EDUCATION IS BASED ON THE CHRISTIAN WORLDVIEW AND IS TAUGHT IN ALL CORE SUBJECTS SUCH AS LITERATURE, WRITING, GRAMMAR, MATHEMATICS, BIBLE, HISTORY, FOREIGN LANGUAGE, SPELLING, AND ENRICHMENT ACTIVITIES SUCH AS MUSIC, CHORUS, ART, NATURE STUDIES, PRACTICUMS, AND PHYSICAL EDUCATION. STONEHAVEN SEEKS TO GLORIFY GOD THROUGH TRUTH, GOODNESS, AND BEAUTY IN A DISTINCTLY CHRIST-CENTERED EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Edwards Head Of School | Officer | 40 | $90,167 |
Andy Wilkinson Board Member | Trustee | 2 | $0 |
Lovell White Board Member | Trustee | 2 | $0 |
Charles Hoffman Board Member | Trustee | 2 | $0 |
Christy Winston Board Member | Trustee | 2 | $0 |
Brad Respess Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $336,990 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,467 |
| Noncash contributions included in lines 1a–1f | $32,192 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $413,457 |
| Total Program Service Revenue | $2,673,320 |
| Investment income | $15,027 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,568 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,119,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $743,834 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,167 |
| Compensation of current officers, directors, key employees. | $7,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,104,466 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,112 |
| Payroll taxes | $89,992 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,500 |
| Fees for services: Accounting | $5,102 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $25,729 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,938 |
| Advertising and promotion | $5,326 |
| Office expenses | $70,170 |
| Information technology | $16,329 |
| Royalties | $0 |
| Occupancy | $138,133 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $82,760 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $76,108 |
| Insurance | $25,001 |
| All other expenses | $212,551 |
| Total functional expenses | $2,834,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,219 |
| Savings and temporary cash investments | $218,968 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,981 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,707,225 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $149,175 |
| Investments—program-related | $0 |
| Intangible assets | $24,052 |
| Other assets | $5,873 |
| Total assets | $4,416,493 |
| Accounts payable and accrued expenses | $57,726 |
| Grants payable | $0 |
| Deferred revenue | $128,836 |
| 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 | $2,026,882 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,213,444 |
| Net assets without donor restrictions | $2,203,049 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,416,493 |