St Andrews School Of Delaware Inc is located in Middletown, DE. The organization was established in 1958. 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 06/2022, St Andrews School Of Delaware Inc employed 225 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Andrews School Of Delaware 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, St Andrews School Of Delaware Inc generated $32.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $29.3m during the year ending 06/2021. While expenses have increased by 0.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ST. ANDREW'S SCHOOL IS A CO-ED BOARDING SCHOOL, GRADES 9 THROUGH 12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL IS A COED BOARDING SCHOOL, GRADES 9 THROUGH 12, PROVIDING A SECONDARY EDUCATION OF A CHRISTIAN CHARACTER IN AN ENTIRELY RESIDENTIAL PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott M Sipprelle Chair | OfficerTrustee | 10 | $0 |
Henry Du Pont Ridgely Vice Chair | OfficerTrustee | 3 | $0 |
Richard B Vaughan Treasurer | OfficerTrustee | 5 | $0 |
Andrea Sin Secretary | OfficerTrustee | 3 | $0 |
Mercedes Abramo Trustee | Trustee | 2 | $0 |
Grace H Gahagan Founder Trustee | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Nowland Associates Construction | 6/29/22 | $4,067,043 |
Sage Dining Services Dining | 6/29/22 | $1,867,828 |
Highmark Delaware Insurance Broker | 6/29/22 | $1,329,781 |
Wilmington Trust Na Investment Management | 6/29/22 | $845,600 |
Parkowski Guerke & Swayze Legal | 6/29/22 | $518,794 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,926,400 |
Investment income | $5,573,960 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$182,726 |
Net Gain/Loss on Asset Sales | $72,531 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $32,788,416 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $7,321,434 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,843,381 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,245,396 |
Pension plan accruals and contributions | $861,096 |
Other employee benefits | $1,207,170 |
Payroll taxes | $468,361 |
Fees for services: Management | $0 |
Fees for services: Legal | $32,143 |
Fees for services: Accounting | $84,118 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $191,615 |
Fees for services: Other | $474,323 |
Advertising and promotion | $36,355 |
Office expenses | $372,330 |
Information technology | $384,186 |
Royalties | $0 |
Occupancy | $764,456 |
Travel | $86,474 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $107,308 |
Interest | $875,007 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $166,804 |
All other expenses | $0 |
Total functional expenses | $29,318,253 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,364,624 |
Pledges and grants receivable | $5,101,896 |
Accounts receivable, net | $280,864 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $167,948 |
Prepaid expenses and deferred charges | $1,211,692 |
Investments—publicly traded securities | $11,632,386 |
Investments—other securities | $231,885,793 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,387,377 |
Total assets | $398,873,444 |
Accounts payable and accrued expenses | $1,383,761 |
Grants payable | $0 |
Deferred revenue | $2,078,461 |
Tax-exempt bond liabilities | $39,166,946 |
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 | $658,752 |
Total liabilities | $43,287,920 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $355,585,524 |