Sanford School Inc
- Assets
- $33.5m
- Revenue
- $20.0m
- Investments
- $0.0
- Employees
- 252
- Location
- Hockessin, DE
- Founding
- 08/1935
- Data as of
- 06/2022
- EIN
- 51-0064331
Organization Overview
Sanford School Inc is located in Hockessin, DE. The organization was established in 1935. 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, Sanford School Inc employed 252 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanford 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, Sanford School Inc generated $20.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $18.9m during the year ending 06/2022. While expenses have increased by 3.0% 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
TO IDENTIFY AND DEVELOP THE INTELLECTUAL AND CREATIVE TALENTS OF A DIVERSE GROUP OF STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE QUALITY EDUCATION FOR STUDENTS IN PRIMARY AND SECONDARY EDUCATION SETTINGS (PRESCHOOL TO 12TH GRADE)
AUXILIARY SERVICES AND PROGRAMS - BOOKSTORE, FOOD SERVICE, SUMMER PROGRAMS, EXTENDED DAY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark J Anderson Head Of School | Officer | 40 | $335,451 |
Theodore H Dwyer III President | OfficerTrustee | 5 | $0 |
Kathryn Nachbar Secretary | OfficerTrustee | 5 | $0 |
Susan Keiser Treasurer | OfficerTrustee | 5 | $0 |
Lisa Lloyd-Washington Vice President | OfficerTrustee | 5 | $0 |
Chai Gadde Trustee | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tlaloc Building Services Inc Construction | 6/29/22 | $231,018 |
Shi International Construction | 6/29/22 | $137,850 |
Home Depot Pro Construction | 6/29/22 | $132,436 |
Conaway Enterprise Llc Construction | 6/29/22 | $126,060 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $50,000 |
| Government grants | $12,681 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,663,470 |
| Noncash contributions included in lines 1a–1f | $32,676 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,726,151 |
| Total Program Service Revenue | $17,008,289 |
| Investment income | $308,511 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,025 |
| Net Gain/Loss on Asset Sales | -$39,191 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,626 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,013,159 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,711,149 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $477,441 |
| Compensation of current officers, directors, key employees. | $238,719 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,083,341 |
| Pension plan accruals and contributions | $165,109 |
| Other employee benefits | $2,207,631 |
| Payroll taxes | $534,629 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,595 |
| Fees for services: Other | $8,195 |
| Advertising and promotion | $91,425 |
| Office expenses | $75,055 |
| Information technology | $160,751 |
| Royalties | $0 |
| Occupancy | $932,688 |
| Travel | $69,170 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $101,028 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,093,034 |
| Insurance | $109,699 |
| All other expenses | $216,186 |
| Total functional expenses | $18,872,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $900 |
| Savings and temporary cash investments | $588,050 |
| Pledges and grants receivable | $2,971,714 |
| Accounts receivable, net | $47,636 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,000 |
| Prepaid expenses and deferred charges | $37,743 |
| Net Land, buildings, and equipment | $18,474,781 |
| Investments—publicly traded securities | $11,413,485 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,539,309 |
| Accounts payable and accrued expenses | $949,454 |
| Grants payable | $0 |
| Deferred revenue | $1,319,086 |
| 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 | $2,438,317 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $130,743 |
| Total liabilities | $4,837,600 |
| Net assets without donor restrictions | $22,103,685 |
| Net assets with donor restrictions | $6,598,024 |
| 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 | $33,539,309 |
Grants Recieved
Over the last fiscal year, we have identified 30 grants that Sanford School Inc has recieved totaling $990,875.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $503,360 |
Chester County Community Foundation Inc West Chester, PA PURPOSE: EDUCATION & LIBRARY | $250,000 |
Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 Southeastern, PA PURPOSE: CAPITAL IMPROVEMENTS | $200,000 |
Ecmc Foundation Minneapolis, MN PURPOSE: General Support | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,144 |
The Graham Foundation Greenville, DE PURPOSE: CHARITABLE | $5,000 |
Endowment Analysis
| Beg. Balance | $12,197,518 |
| Earnings | -$1,966,327 |
| Net Contributions | $1,182,294 |
| Ending Balance | $11,413,485 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Haverford School Haverford, PA | $200,207,536 | $63,658,264 |
Marion P Thomas Charter School Inc Newark, NJ | $17,560,259 | $37,041,604 |
Trustees Of Newark Academy Livingston, NJ | $113,328,907 | $35,913,632 |
Philadelphia Independent Mission Schools Philadelphia, PA | $39,191,945 | $38,175,969 |
Lakewood Chedar School Lakewood, NJ | $43,735,740 | $33,402,068 |
Golda Och Academy Inc West Orange, NJ | $16,688,223 | $21,390,950 |
Friends Select School Philadelphia, PA | $35,402,509 | $21,729,714 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
The Foundation Schools Largo, MD | $16,377,358 | $19,826,112 |
Sanford School Inc Hockessin, DE | $33,539,309 | $20,013,159 |
Annapolis Area Christian School Association Inc Severn, MD | $29,091,894 | $17,563,578 |