Olney Friends School Inc
- Assets
- $2.6m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 36
- Location
- Barnesville, OH
- Founding
- 09/1955
- Data as of
- 06/2022
- EIN
- 34-0235480
Organization Overview
Olney Friends School Inc is located in Barnesville, OH. The organization was established in 1955. 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 06/2022, Olney Friends School Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olney Friends 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 06/2022, Olney Friends School Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A QUAKER COEDUCATIONAL HIGH SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED COEDUCATIONAL SECONDARY SCHOOL EDUCATION FOR GRADES 9 - 12
STUDENT SERVICES FOR EDUCATIONAL INSTITUTUION SUCH AS FOOD AND KITCHEN PROVISIONS, BOOKSTORE SUPPLIES, MEDICAL SUPPLIES AND YEARBOOK EXPENSES
FARM AND GARDEN ARE PART OF THE TRANSDICIPLINARY CURRICULUM FOR THE SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Stanfield Treasurer | OfficerTrustee | 6 | $0 |
Lisa Cayard Recording Clerk | OfficerTrustee | 2 | $0 |
Melinda Kramer Coclerk | OfficerTrustee | 6 | $0 |
Dorothy Churchwell Coclerk | OfficerTrustee | 6 | $0 |
Jeanne Kingery Trustee | Trustee | 2 | $0 |
Sandy Sterrett Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,036 |
| All other contributions, gifts, grants, and similar amounts not included above | $602,504 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $608,540 |
| Total Program Service Revenue | $1,205,073 |
| Investment income | $43,787 |
| 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 | $1,857,400 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $609,036 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $767,334 |
| Pension plan accruals and contributions | $18,285 |
| Other employee benefits | $8,076 |
| Payroll taxes | -$51,322 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,337 |
| Fees for services: Accounting | $1,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,628 |
| Fees for services: Other | $22,039 |
| Advertising and promotion | $14,530 |
| Office expenses | $42,007 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $101,685 |
| Travel | $14,722 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $672 |
| Interest | $26,948 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,395 |
| Insurance | $25,807 |
| All other expenses | $25,248 |
| Total functional expenses | $1,935,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,897 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,480 |
| 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 | $1,850,632 |
| Investments—publicly traded securities | $722,306 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,642,315 |
| Accounts payable and accrued expenses | $10,662 |
| Grants payable | $0 |
| Deferred revenue | $34,662 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,193 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $697,581 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $746,098 |
| Net assets without donor restrictions | $1,165,291 |
| Net assets with donor restrictions | $730,926 |
| 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 | $2,642,315 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Olney Friends School Inc has recieved totaling $634.
| Awarding Organization | Amount |
|---|---|
Towe Foundation Lakeway, TX PURPOSE: TO FUND EDUCATIONAL PROJECTS OF THE SCHOOL | $634 |
Endowment Analysis
| Beg. Balance | $952,820 |
| Earnings | -$149,716 |
| Net Contributions | $800 |
| Other Expense | $81,598 |
| Ending Balance | $722,306 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Columbus School For Girls Columbus, OH | $50,828,669 | $22,436,209 |
Canterbury School Inc Fort Wayne, IN | $14,789,368 | $17,058,422 |
Mastery Charter School-Pickett Campus Philadelphia, PA | $12,425,498 | $19,474,866 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Roeper City & Country School Inc Bloomfield Hills, MI | $31,989,087 | $17,945,828 |
Philadelphia Academy Charter School Philadelphia, PA | $22,346,982 | $21,291,315 |
Maumee Valley Country Day School Toledo, OH | $12,782,081 | $15,512,286 |
Sayre School Lexington, KY | $37,948,520 | $16,925,718 |
Propel Charter School - Montour Pittsburgh, PA | $8,477,857 | $16,070,119 |