Bsi Inc

Organization Overview

Bsi Inc, operating under the name Browne Academy, is located in Alexandria, VA. The organization was established in 1985. 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 08/2022, Browne Academy employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Browne Academy 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 08/2022, Browne Academy generated $9.8m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $9.2m during the year ending 08/2022. While expenses have increased by 3.7% per year over the past 4 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ACADEMY IS A PRE-KINDERGARTEN THROUGH GRADE EIGHT INDEPENDENT SCHOOL PREPARING GIRLS AND BOYS IN THE METROPOLITAN WASHINGTON, DC AREA FOR COMPETITIVE SECONDARY SCHOOLS. THE ACADEMY IS A DIVERSE INDEPENDENT DAY SCHOOL COMMITTED TO DEVELOPING THE WHOLE CHILD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AN UNWAVERING COMMITMENT TO ACADEMIC EXCELLENCE FORMS THE CORNERSTONE OF THE ACADEMY'S EDUCATIONAL PHILOSOPHY. THE SCHOOL ACHIEVES THIS COMMITMENT BY FOSTERING A PASSION FOR LIFELONG LEARNING AND BY CHANNELING THIS PASSION INTO A RIGOROUS EDUCATIONAL PROGRAM. A COMPREHENSIVE AND CHALLENGING CURRICULUM PROVIDES THE ESSENTIAL FOUNDATION FOR EACH STUDENT'S (211 STUDENTS) FUTURE ACADEMIC SUCCESS, PHYSICAL GROWTH AND EMOTIONAL DEVELOPMENT. THIS CURRICULUM IS DESIGNED TO PROMOTE STUDENT EXCELLENCE WITHIN AND ACROSS EACH OF THE FOLLOWING DISCIPLINES: ENGLISH (LANGUAGE ARTS AND READING), MATHEMATICS, SCIENCE, WORLD LANGUAGES, SOCIAL STUDIES AND HISTORY, FINE ARTS, TECHNOLOGY, AND PHYSICAL EDUCATION. THE ACADEMY OFFERS A WIDE VARIETY OF EXTRACURRICULAR ACTIVITIES RANGING FROM SPORTS (SOCCER, BASKETBALL, AND SOFTBALL) TO THE FINE ARTS (DRAMA, ART, AND MUSIC LESSONS). EACH TRIMESTER THE ACADEMY OFFERS NEW EXTRACURRICULAR OPPORTUNITIES THROUGH THE EXTENDED DAY PROGRAM WHICH OFFERS SERVICES FROM 7:00 TO 8:00 AM AND 3:15 TO 6:00 PM.


THE ACADEMY ALSO OFFERS A SUMMER CAMP FOR EIGHT WEEKS THROUGHOUT THE SUMMER THAT OPERATES ON THE ENTIRE 11 ACRE CAMPUS (APPROXIMATELY 480 STUDENTS). CAMP ATTENDEES ARE OFFERED VARIOUS EDUCATIONAL ACTIVITIES THAT ARE DEDICATED TO PROVIDING A MEMORABLE EXPERIENCE FOR EVERY CAMPER IN A SAFE, FUN-FILLED AND CARING ENVIRONMENT THAT FOSTERS FRIENDSHIP AND MUTUAL RESPECT FOR ONE ANOTHER. CAMPS ARE ALSO OFFERED OVER THE WINTER HOLIDAY BREAK AND SPRING BREAK.


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Board, Officers & Key Employees

Name (title)Compensation
Peggy Otey
President/head Of School
$302,286
Ann Feeley-Leetz
Treasurer/business Manager (until June 19, 2022)
$165,376
Mike Sasso
Director Of Advancement & Institutional Growth
$104,268
Bonita Lea
Head Of Middle School/assistant Head Of School
$125,833
Steve Marshall
Director Of Enrollment And Auxillary Programs
$101,417
Bryan Bonner
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$249,436
Related organizations$0
Government grants $1,013,264
All other contributions, gifts, grants, and similar amounts not included above$280,469
Noncash contributions included in lines 1a–1f $105,034
Total Revenue from Contributions, Gifts, Grants & Similar$1,543,169
Total Program Service Revenue$8,329,942
Investment income $1,508
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$50,337
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,824,282

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