Severn School Inc

Organization Overview

Severn School Inc is located in Severna Park, MD. The organization was established in 1973. 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, Severn School Inc employed 284 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Severn 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, Severn School Inc generated $28.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $25.7m during the year ending 06/2022. While expenses have increased by 2.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EDUCATION TO STUDENTS YEARS PRE-K THROUGH TWELVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL - PROVIDE EDUCATION FOR STUDENTS YEARS PRE-K THROUGH TWELVE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,668,625
All other contributions, gifts, grants, and similar amounts not included above$829,251
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,497,876
Total Program Service Revenue$24,379,172
Investment income $504,159
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $146,960
Net Gain/Loss on Asset Sales -$8,625
Net Income from Fundraising Events $158,562
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,689,233

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Severn School Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Rogers Wilbur Foundation Inc

Crownsville, MD

PURPOSE: UNRESTRICTED

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$19,155,890
Earnings-$2,305,931
Net Contributions$50,981
Other Expense$620,665
Ending Balance$16,280,275

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