Independent School Of Winchester
- Assets
- $1.1m
- Revenue
- $614.4k
- Investments
- $0.0
- Employees
- 33
- Location
- Winchester, VA
- Founding
- 04/2009
- Data as of
- 06/2023
- EIN
- 26-2908005
Organization Overview
Independent School Of Winchester is located in Winchester, VA. The organization was established in 2009. 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, Independent School Of Winchester employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent School Of Winchester 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, Independent School Of Winchester generated $614.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $586.3k during the year ending 06/2023. While expenses have increased by 7.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COMPREHENSIVE EDUCATION INCLUDING READING,WRITING,SOCIAL STUDIES,MATH,SCIENCES,FOREIGN LANGUAGES,PHYSICAL EDUCATION,MUSIC, AND PERFORMING ARTS FOR ELEMENTARY, MIDDLE AND HIGH SCHOOL AGE CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL PROVIDED A COMPREHENSIVE EDUCATION TO 55 ELEMENTARY, MIDDLE, AND HIGH SCHOOL AGE CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Mcdonald Head Of School | Officer | 60 | $46,102 |
Laura Viner Key Employee | Officer | 45 | $36,980 |
Stephanie Standerfer Director | Trustee | 0 | $0 |
Katharine Gregori Director | Trustee | 0 | $0 |
Lenore Kornreich Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $42,573 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,939 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,512 |
| Total Program Service Revenue | $559,660 |
| Investment income | $162 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $614,353 |
| 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. | $83,082 |
| Compensation of current officers, directors, key employees. | $46,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $304,420 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $30,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,753 |
| Office expenses | $0 |
| Information technology | $4,414 |
| Royalties | $0 |
| Occupancy | $33,521 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41,522 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,745 |
| Insurance | $9,971 |
| All other expenses | $6,391 |
| Total functional expenses | $586,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,922 |
| Savings and temporary cash investments | $27,454 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50 |
| 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 | $821,761 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,085,187 |
| Accounts payable and accrued expenses | $4,469 |
| Grants payable | $149,900 |
| Deferred revenue | $0 |
| 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 | $599,456 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $753,825 |
| Net assets without donor restrictions | $0 |
| 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 | $331,362 |
| Total liabilities and net assets/fund balances | $1,085,187 |