Fairville Friends School Inc
- Assets
- $2.2m
- Revenue
- $447.8k
- Investments
- $0.0
- Employees
- 25
- Location
- Chadds Ford, PA
- Founding
- 02/1987
- Data as of
- 08/2021
- EIN
- 22-2769603
Organization Overview
Fairville Friends School Inc is located in Chadds Ford, PA. The organization was established in 1987. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2021, Fairville Friends School Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairville Friends 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 08/2021, Fairville Friends School Inc generated $447.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $466.5k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 6 years. 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
FAIRVILLE FRIENDS SCHOOL NURTURES AND CREATIVELY EDUCATES YOUNG CHILDREN IN THE FRIENDS TRADITION. WE ARE COMMITTED TO BEING A PEACEFUL COMMUNITY OF LEARNERS WHO SEEK SPIRITUAL AND INTELLECTUAL GROWTH BY FOSTERING AN APPRECIATION OF NATURE, CELEBRATING DIVERSITY, AND ENCOURAGING SELF- EXPRESSION THROUGH THE ARTS. THE SCHOOL EMBRACES THE QUAKER VISION OF EDUCATION THROUGH SIMPLICITY, KINDNESS, RESPECT FOR ALL LIVING THINGS, AND A DEEP CONCERN FOR THE WHOLE CHILD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRE-SCHOOL, KINDERGARTEN, AND SUMMER CAMP PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Arnold Trustee | Trustee | 1 | $0 |
Stefanie Bried Recording Cl | Trustee | 1 | $0 |
Elizabeth Blackburn Trustee | Trustee | 1 | $0 |
Andy Carmine Trustee | Trustee | 1 | $0 |
Joe Everett Trustee | Trustee | 1 | $0 |
Ros Fenton Past Clerk | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $92,061 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,415 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,476 |
| Total Program Service Revenue | $314,508 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,200 |
| 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 | $447,849 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,401 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,458 |
| Payroll taxes | $19,080 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,069 |
| Advertising and promotion | $142 |
| Office expenses | $6,738 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,141 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,493 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,742 |
| Insurance | $12,698 |
| All other expenses | $2,020 |
| Total functional expenses | $466,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,509 |
| Savings and temporary cash investments | $27,495 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,511 |
| 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 | $1,231,665 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $600,000 |
| Total assets | $2,235,180 |
| Accounts payable and accrued expenses | $35,297 |
| Grants payable | $0 |
| Deferred revenue | $394,019 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $112,869 |
| Secured mortgages and notes payable | $648,970 |
| Unsecured mortgages and notes payable | $102,677 |
| Other liabilities | $350 |
| Total liabilities | $1,294,182 |
| Net assets without donor restrictions | $934,847 |
| Net assets with donor restrictions | $6,151 |
| 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 | $2,235,180 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fairville Friends School Inc has recieved totaling $2,773.
| Awarding Organization | Amount |
|---|---|
Powell Family Foundation Carol P Heller Family Division Philadelphia, PA PURPOSE: GENERAL | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $273 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Development Center Of The Mosholu-Montefiore Community Ctr Bronx, NY | $19,183,029 | $23,759,711 |
L I Child And Family Development Services Inc Patchogue, NY | $8,673,836 | $20,972,293 |
Pathway Inc Toledo, OH | $1,947,954 | $15,676,190 |
Indian Creek School Incorporated Crownsville, MD | $30,010,402 | $16,596,425 |
Ocean Community Economic Action Now Inc Toms River, NJ | $23,267,325 | $17,288,435 |
Leonard And Susan Fuchs Mizrachi School Beachwood, OH | $63,214,368 | $13,451,315 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
Montessori Association Of New York New York, NY | $10,174,836 | $11,317,799 |
Child Care Resource Center Of Cuyahoga County Cleveland, OH | $5,221,997 | $11,522,146 |
West Side Montessori School New York, NY | $34,513,067 | $10,367,667 |
Kipp Philadelphia Charter School Philadelphia, PA | $30,756,682 | $16,805,323 |
Chester Charter Scholars Academy Chester, PA | $12,106,141 | $12,761,901 |