Avalon School Inc
- Assets
- $1.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 30
- Location
- Silver Spring, MD
- Founding
- 06/2013
- Data as of
- 06/2021
- EIN
- 27-2820634
Organization Overview
Avalon School Inc is located in Silver Spring, MD. The organization was established in 2013. 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, Avalon School Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avalon 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 06/2021, Avalon School Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 1.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CULTIVATE INTELLECTUAL FREEDOM, PERSONAL RESPONSIBILITY AND A SPIRIT OF ADVENTURE THROUGH EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A PRIMARY AND SECONDARY CATHOLIC BOY'S SCHOOL LOCATED IN GAITHERSBURG, MD. EDUCATING UP TO 165 STUDENTS GRADES 2 THROUGH 12.
OPERATE A BOYS ATHLETIC PROGRAM FOR BOTH MIDDLE SCHOOL AND HIGH SCHOOL. SPORTS OFFERED FOR THE BOYS INCLUDE FOOTBALL, BASKETBALL, BASEBALL, CROSS COUNTRY AND SOCCER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Davern Headmaster | Trustee | 39 | $119,880 |
Barry Stohlman Business Manager | OfficerTrustee | 1 | $63,300 |
Rollin James Hawley Member At Large | OfficerTrustee | 1 | $23,750 |
Albert Shields Secretary | OfficerTrustee | 1 | $0 |
Stefano Ratti Treasurer | OfficerTrustee | 1 | $0 |
Richard Mcpherson President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,410 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,865 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,275 |
| Total Program Service Revenue | $1,815,703 |
| Investment income | $1,342 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $24,623 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,992,943 |
| 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. | $214,382 |
| Compensation of current officers, directors, key employees. | $189,857 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,171,004 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,745 |
| Payroll taxes | $117,289 |
| Fees for services: Management | $39,541 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,761 |
| Office expenses | $28,319 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $163,153 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $478 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,160 |
| Insurance | $32,341 |
| All other expenses | $33,888 |
| Total functional expenses | $1,999,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,404 |
| Savings and temporary cash investments | $366,062 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $97,005 |
| 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 | $154,823 |
| Investments—publicly traded securities | $127,483 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $1,079,777 |
| Accounts payable and accrued expenses | $376,638 |
| Grants payable | $0 |
| Deferred revenue | $451,118 |
| 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 | $11,116 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $382,806 |
| Total liabilities | $1,221,678 |
| Net assets without donor restrictions | -$141,901 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,079,777 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Avalon School Inc has recieved totaling $654.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $654 |
Endowment Analysis
| Beg. Balance | $103,273 |
| Earnings | $24,210 |
| Ending Balance | $1,027,483 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Field School Inc Washington, DC | $76,281,193 | $21,035,391 |
Community Academy Of Philadelphia A Pennylvania Charter School Philadelphia, PA | $18,600,792 | $22,292,096 |
Cristo Rey Philadelphia High School Philadelphia, PA | $44,344,879 | $19,011,850 |
The Seed School Of Maryland Inc Baltimore, MD | $46,101,801 | $18,646,195 |
Valley Forge Military Academy Foundation Wayne, PA | $40,487,283 | $14,074,781 |
Foxcroft School Middleburg, VA | $142,226,453 | $10,560,576 |
Jack M Barrack Hebrew Academy Bryn Mawr, PA | $28,446,825 | $17,100,040 |
Linsly School Incorporated Wheeling, WV | $48,098,120 | $15,151,725 |
Randolph Macon Academy Front Royal, VA | $36,335,018 | $14,186,434 |
Chatham Hall Chatham, VA | $93,224,098 | $20,472,226 |
Glen Mills Schools Concordville, PA | $72,581,010 | $5,135,685 |
Solebury School New Hope, PA | $31,595,369 | $15,801,404 |