Orchard School Foundation Inc
- Assets
- $51.2m
- Revenue
- $16.1m
- Investments
- $3.2m
- Employees
- 178
- Location
- Indianapolis, IN
- Founding
- 04/1955
- Data as of
- 06/2022
- EIN
- 35-0909975
Organization Overview
Orchard School Foundation Inc is located in Indianapolis, IN. The organization was established in 1955. 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 06/2022, Orchard School Foundation Inc employed 178 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orchard School Foundation 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, Orchard School Foundation Inc generated $16.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $14.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORCHARD SCHOOL GUIDES EACH STUDENT TO DEVELOP THE KNOWLEDGE, CONFIDENCE, AND CHARACTER ESSENTIAL FOR A LIFE OF LEARNING, LEADERSHIP, AND POSITIVE CONTRIBUTION TO SOCIETY.
Describe the Organization's Program Activity:
THE ELEMENTARY SCHOOL IS COMPRISED OF APPROXIMATELY 310 STUDENTS FROM PRESCHOOL THROUGH THE 4TH GRADE. THE FOCUS IS ON THE DEVELOPMENT OF THE WHOLE CHILD - SOCIALLY, EMOTIONALLY, ARTISTICALLY, AND ETHICALLY WITHIN A SUPPORTIVE AND CHALLENGING ENVIRONMENT. DURING THESE FORMATIVE YEARS, WHEN CHILDREN ARE CURIOUS AND INQUISITIVE, ORCHARD SCHOOL PROVIDES THEM WITH OPPORTUNITIES TO DISCOVER, EXPLORE, AND EXPERIMENT. CHILDREN LEARN BEST BY DOING AND, THEREFORE, ARE ENCOURAGED TO THINK, REASON, CREATE, AND COLLABORATE THROUGH ACTIVE PARTICIPATION IN THE LEARNING PROCESS.
MIDDLE SCHOOL INCLUDES APPROXIMATELY 190 STUDENTS IN GRADES FIVE THROUGH EIGHT. THE PROGRAM PROVIDES A WELL-ROUNDED EDUCATION, INCLUDING CORE ACADEMICS, ARTS, AND PHYSICAL EDUCATION/ATHLETICS. IT CENTERS AROUND THE ACADEMIC, SOCIAL, AND EMOTIONAL NEEDS OF YOUNG ADOLESCENTS. THE MIDDLE SCHOOL STUDENTS DEVELOP INCREASED INDEPENDENCE, PERSONAL RESPONSIBILITY, AND ACCOUNTABILITY AS THEY ENCOUNTER INCREASINGLY HIGHER EXPECTATIONS FOR ACADEMIC AND BEHAVIORAL EXCELLENCE.
EXTENSION PROGRAMS ARE AVAILABLE TO ALL STUDENTS AND INCLUDE SUMMER CAMP, AFTER SCHOOL CHILD CARE, CLUBS, CLASSES, LESSONS, AND ATHLETICS. THESE PROGRAMS GIVE STUDENTS A BROAD-BASED EXPERIENCE OUTSIDE OF THE CLASSROOM. SUMMER CAMPS ARE ALSO AVAILABLE TO NON-ORCHARD STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Genetos President, Governor | OfficerTrustee | 2 | $0 |
Julie Manning Magid Vice President, Governor | OfficerTrustee | 1 | $0 |
Scott Hirschman Treasurer, Governor | OfficerTrustee | 1 | $0 |
Suzie Fehsenfeld Secretary, Governor | OfficerTrustee | 1 | $0 |
Barb James Governor | Trustee | 1 | $0 |
Cathy Rooney Governor | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aladdin Food Management Services Llc Food Services | 6/29/22 | $419,816 |
Edwards Electrical & Mechanical Facility Maintenance | 6/29/22 | $176,835 |
Smock Fansler Corporation Construction | 6/29/22 | $156,253 |
Abm Janitorial Services | 6/29/22 | $154,109 |
Coverall Service Company - Indianapolis Janitorial Services | 6/29/22 | $152,886 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $69,508 |
| Related organizations | $0 |
| Government grants | $740,030 |
| All other contributions, gifts, grants, and similar amounts not included above | $900,257 |
| Noncash contributions included in lines 1a–1f | $85,856 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,709,795 |
| Total Program Service Revenue | $10,711,271 |
| Investment income | $1,142,018 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $91,212 |
| Net Gain/Loss on Asset Sales | $2,337,573 |
| Net Income from Fundraising Events | -$3,159 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,479 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,050,726 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,611,072 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $473,388 |
| Compensation of current officers, directors, key employees. | $118,347 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,838,121 |
| Pension plan accruals and contributions | $303,250 |
| Other employee benefits | $1,116,175 |
| Payroll taxes | $459,449 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,630 |
| Fees for services: Accounting | $32,216 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $10,400 |
| Fees for services: Investment Management | $85,564 |
| Fees for services: Other | $335,595 |
| Advertising and promotion | $234,400 |
| Office expenses | $311,671 |
| Information technology | $236,456 |
| Royalties | $0 |
| Occupancy | $1,064,193 |
| Travel | $39,334 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,701 |
| Interest | $220,011 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,053,252 |
| Insurance | $56,720 |
| All other expenses | $0 |
| Total functional expenses | $14,589,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $8,188,452 |
| Pledges and grants receivable | $265,987 |
| Accounts receivable, net | $32,760 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,655 |
| Prepaid expenses and deferred charges | $231,272 |
| Net Land, buildings, and equipment | $9,438,914 |
| Investments—publicly traded securities | $29,838,707 |
| Investments—other securities | $3,172,561 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,175,808 |
| Accounts payable and accrued expenses | $1,326,503 |
| Grants payable | $0 |
| Deferred revenue | $395,440 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,721,943 |
| Net assets without donor restrictions | $41,138,385 |
| Net assets with donor restrictions | $8,315,480 |
| 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 | $51,175,808 |