Pennfield School Inc

Organization Overview

Pennfield School Inc is located in Portsmouth, RI. The organization was established in 1971. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Pennfield School Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennfield 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 06/2023, Pennfield School Inc generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $3.5m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE AN INCLUSIVE COMMUNITY OF DEDICATED LEARNERS, WHERE STUDENTS ARE GIVEN A FOUNDATION AND APPRECIATION FOR THE JOYFUL PURSUITS OF UNDERSTANDING, WHILE FOSTERING RESPECT FOR ONESELF AND OTHERS AS A WAY OF LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PENNFIELD SCHOOL PROVIDES GENERAL EDUCATION AND RELATED ACTIVITIES TO PRIMARY AND ELEMENTARY SCHOOL CHILDREN.


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Board, Officers & Key Employees

Name (title)Compensation
Theodore Karousos
Chair
$0
Christian Meko
Vice Chair
$0
Marie Charles
Trustee
$0
Julie Connett
Trustee
$0
Courtney Halvorsen
Trustee
$0
Lori Hawks
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$39,384
Related organizations$0
Government grants $424,171
All other contributions, gifts, grants, and similar amounts not included above$130,440
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$593,995
Total Program Service Revenue$2,824,147
Investment income $27,835
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $20,534
Net Gain/Loss on Asset Sales $2,760
Net Income from Fundraising Events $17,007
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,486,278

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