Grayson School
- Assets
- $3.5m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 64
- Location
- Radnor, PA
- Founding
- 12/2013
- Data as of
- 06/2022
- EIN
- 45-5604824
Organization Overview
Grayson School is located in Radnor, PA. The organization was established in 2013. 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, Grayson School employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grayson School 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, Grayson School generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 47.0% each year . All expenses for the organization totaled $6.2m during the year ending 06/2022. While expenses have increased by 50.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GRAYSON SCHOOL PROVIDES GIFTED CHILDREN A CHALLENGING, RESEARCH-BASED EDUCATION WORTHY OF THEIR INTELLECT AND THEIR INTRINSIC DESIRE TO LEARN AND THINK DEEPLY. WE SERVE AS A VALUED RESOURCE FOR THE GIFTED EDUCATION COMMUNITY IN PHILADELPHIA AND NATIONWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GRAYSON SCHOOL PROVIDES GIFTED CHILDREN A CHALLENGING, RESEARCH-BASED EDUCATION WORTHY OF THEIR INTELLECT AND THEIR INTRINSIC DESIRE TO LEARN AND THINK DEEPLY. WE SERVE AS A VALUED RESOURCE FOR THE GIFTED EDUCATION COMMUNITY IN PHILADELPHIA AND NATIONWIDE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Bilash Head Of Scho | OfficerTrustee | 45 | $171,500 |
Jennifer Nance JD COO | OfficerTrustee | 40 | $33,946 |
Suzanne Ciongoli Co-Chair | OfficerTrustee | 10 | $0 |
Nita Seelinger Co-Chair | OfficerTrustee | 10 | $0 |
Karen Noonan Treasurer | OfficerTrustee | 5 | $0 |
Sam Greenblatt Trustee | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $237,046 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,135,610 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,372,656 |
| Total Program Service Revenue | $4,995,323 |
| Investment income | $495 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$18,607 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,354,694 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,066,054 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $304,254 |
| Compensation of current officers, directors, key employees. | $93,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,719,464 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $165,064 |
| Payroll taxes | $223,568 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,000 |
| Fees for services: Lobbying | $10,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,140 |
| Advertising and promotion | $22,357 |
| Office expenses | $70,473 |
| Information technology | $34,779 |
| Royalties | $0 |
| Occupancy | $597,420 |
| Travel | $14,900 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,894 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $166,509 |
| Insurance | $49,366 |
| All other expenses | $134,085 |
| Total functional expenses | $6,179,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,515,544 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $25,000 |
| Accounts receivable, net | $93,808 |
| 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 | $281,800 |
| Net Land, buildings, and equipment | $296,944 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,330,716 |
| Total assets | $3,543,812 |
| Accounts payable and accrued expenses | $374,043 |
| Grants payable | $0 |
| Deferred revenue | $877,360 |
| 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 | $500,998 |
| Other liabilities | $37,734 |
| Total liabilities | $1,790,135 |
| Net assets without donor restrictions | -$67,377 |
| Net assets with donor restrictions | $1,821,054 |
| 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 | $3,543,812 |