Solebury School

Organization Overview

Solebury School is located in New Hope, PA. The organization was established in 1938. 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 06/2021, Solebury School employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solebury School 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, Solebury School generated $15.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $14.2m during the year ending 06/2021. While expenses have increased by 3.1% 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SOLEBURY SCHOOL IS A PRIVATE INDEPENDENT SCHOOL FOR STUDENTS IN GRADES 9 THROUGH 12.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOLEBURY SCHOOL OPERATES ON A TRIMESTER SYSTEM WITH ADDITIONAL EXPERIENTIAL EDUCATION AND ACADEMIC PROGRAMS DURING THE TWO WEEKS OF SPRING BREAK AND OVER THE SUMMER (INCLUDING GLOBAL EDUCATION AND TRAVEL). IN FY2021, THE SCHOOL ENROLLED 233 STUDENTS (9TH GRADE: 54, 10TH GRADE: 50, 11TH GRADE: 68, 12TH GRADE: 61). OF THOSE STUDENTS, 80 WERE BOARDING STUDENTS AND 153 WERE DAY STUDENTS. THE STUDENT BODY CAME FROM 5 COUNTRIES (NOT INCLUDING THE US) AND 14 STATES, AND OUR 2021 GRADUATES WENT ON TO ATTEND 50 DIFFERENT COLLEGES IN 14 STATES AND 2 COUNTRIES (A 97% PLACEMENT RATE).CONTINUED ON SCHEDULE O.SOLEBURY SCHOOL HAS THRIVED (TO THE DEGREE POSSIBLE) THROUGHOUT THE CORONAVIRUS PANDEMIC THANKS TO EARLY ACTION, COHERENT (IF OFTEN CHANGING) COVID PROTOCOLS, EFFECTIVE COMMUNICATIONS, SUPPORT (AND CONTINUED EMPLOYMENT) FOR ALL FACULTY AND STAFF, AND, ABOVE ALL ELSE, A FOCUS ON QUALITY LEARNING AND STUDENT LIFE FOR OUR FAMILIES AND THEIR KIDS. AS A RESULT, WE OPENED THE 2021-2022 SCHOOL YEAR WITH THE HIGHEST ENROLLMENT IN THE HISTORY OF THE SCHOOL. ALL THE INVESTMENTS WE MADE IN OUR PEOPLE, PROGRAMS, FOOD SERVICES, TECHNOLOGY, AND FACILITIES PAID OFF AND, BECAUSE OF THE PAYROLL PROTECTION PROGRAM (PPP) - OUR LOAN WAS COMPLETELY FORGIVEN - WE DID NOT HAVE TO GO TOO FAR INTO OUR CASH RESERVES TO MAKE THOSE INVESTMENTS. THE PPP FUNDS WERE ENTIRELY INVESTED IN PEOPLE (FULL SALARY AND BENEFITS THROUGHOUT - NO LAYOFFS). OTHER THINGS WE INVESTED IN INCLUDED ADDITIONAL STAFF TO SUPPORT THE CONTINUANCE OF THE RESIDENTIAL LIFE AND DINING PROGRAMS, PERSONAL PROTECTIVE EQUIPMENT, TECHNOLOGY (LAPTOPS, MONITORS, SMARTBOARDS, MICROPHONES, AND CAMERAS), TRAINING (WE OFFERED NO ONLINE COURSES PRIOR TO THE PANDEMIC SO WE GAVE OUR TEACHERS FULL ACCESS TO TRAINING IN HOW TO BE EFFECTIVE ONLINE OR HYBRID), FURNITURE, PLEXIGLAS, BIODEGRADABLE FOOD CONTAINERS, PORTABLE AIR FILTRATION SYSTEMS, OUTDOOR CLASSROOMS, RESIDENTIAL ISOLATION UNITS, VIRUS TESTING, ETC. WE CREATED A VIRTUAL OPEN HOUSE, A VIRTUAL 360 TOUR, ADDED WEEKLY PARENT ZOOM CALLS (PARTICULARLY IMPORTANT FOR OUR STUDENTS WHO WERE NOT ABLE TO GO HOME), VIRTUAL RECRUITMENT EVENTS, ETC. WE ARE STILL IN A PERIOD OF UNCERTAINTY, BUT WE ARE OPTIMISTIC ABOUT THE FUTURE OF THE SCHOOL.BECAUSE OF THE NEAR HERCULEAN EFFORTS OF OUR TEACHERS AND STAFF, THE INVESTMENT MADE POSSIBLE BY THE PPP, AND OUR STRONG ENROLLMENT WE HAVE COME THROUGH THIS LAST 20 MONTHS STRONGER THAN WE ENTERED IT. WHAT ENABLED US TO SUCCEED WERE THE INVESTMENTS MADE AND THE WORK DONE TO PROTECT OUR COMMUNITY AND TO CONTINUE DELIVERING THE HIGH-QUALITY EDUCATION THAT OUR STUDENTS AND FAMILIES EXPECTED FROM SOLEBURY SCHOOL.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hangley Aronchick Segal Pudlin & Schille
Legal Services
$332,618
Optive Security Inc
It Engineering
$142,448
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$120,885
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,476,187
Noncash contributions included in lines 1a–1f $249,133
Total Revenue from Contributions, Gifts, Grants & Similar$1,597,072
Total Program Service Revenue$12,380,990
Investment income $200,416
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $49,329
Net Income from Fundraising Events -$5,032
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,801,404

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Solebury School has recieved totaling $204,051.

Awarding OrganizationAmount
The Page And Otto Marx Jr Foundation

Lake Success, NY

PURPOSE: FOR INTELLECTUAL AND MORAL DEVELOPMENT OF STUDENTS

$65,000
Michelle H & David Bader Family Foundation

Erwinna, PA

PURPOSE: ORGANIZATION CAPITAL CAMPAIGN

$50,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$25,475
Haley Foundation

New Hope, PA

PURPOSE: CAPITAL CAMPAIN

$25,000
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$16,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$7,871
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,909,900
Earnings$2,525,812
Net Contributions$147,650
Other Expense$256,277
Ending Balance$10,327,085

Peer Organizations

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Pottstown, PA
$89,638,080
Regents Of The Mercersburg College
Mercersburg, PA
$49,172,082
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$38,036,593
Blair Academy
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$54,316,334
Holton-Arms School Inc
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$38,119,997
Western Reserve Academy
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$58,141,913
The Seven Hills Schools
Cincinnati, OH
$34,365,521
Morristown-Beard School
Morristown, NJ
$35,071,625
Pennington School
Pennington, NJ
$33,377,887
St Andrews Episcopal School Inc
Potomac, MD
$30,817,454
St Andrews School Of Delaware Inc
Middletown, DE
$32,788,416
Malvern Preparatory School
Malvern, PA
$36,046,304

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