The Gunston School Incorporated
- Assets
- $10.7m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 67
- Location
- Centreville, MD
- Founding
- 03/1956
- Data as of
- 06/2021
- EIN
- 52-0614282
Organization Overview
The Gunston School Incorporated is located in Centreville, MD. The organization was established in 1956. 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 06/2021, Gunston School Incorporated employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gunston School Incorporated 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, Gunston School Incorporated generated $5.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $5.3m during the year ending 06/2021. While expenses have increased by 5.0% per year over the past 6 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
THE GUNSTON SCHOOL IS A COLLEGE PREPARATORY, CO-EDUCATIONAL, PRIVATE HIGH SCHOOL FOR GRADES 9-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES ASSOCIATED WITH PROVIDING AN EDUCATION FOR APPROXIMATELY 223 SECONDARY SCHOOL STUDENTS, INCLUDING TUTORING AND RELATED MUSIC, ATHLETIC ACTIVITIES AND CWS
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 |
|---|---|---|---|
John Lewis Headmaster | Officer | 60 | $213,971 |
Christie Grabis Assistant Head Of School | Officer | 40 | $105,983 |
Megan Cook Secretary | OfficerTrustee | 2 | $0 |
Joe Janney Treasurer | OfficerTrustee | 2 | $0 |
Patrick Shoemaker Chair | OfficerTrustee | 2 | $0 |
Greg Farley Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
L&s Bus Service Inc Transportation | 6/29/20 | $238,469 |
Krm Construction Renovation | 6/29/20 | $150,404 |
Sodexo Food & Supplies | 6/29/20 | $152,497 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,836 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $318,564 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $336,400 |
| Total Program Service Revenue | $4,486,949 |
| Investment income | $4,628 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $110,362 |
| Net Income from Fundraising Events | $35,963 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,255 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,204,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $256,889 |
| Compensation of current officers, directors, key employees. | $133,583 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,572,631 |
| Pension plan accruals and contributions | $95,177 |
| Other employee benefits | $202,033 |
| Payroll taxes | $216,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20 |
| Office expenses | $98,704 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,456 |
| Travel | $17,610 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $100,740 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $453,197 |
| Insurance | $58,604 |
| All other expenses | $437,833 |
| Total functional expenses | $5,303,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,436,869 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $102,343 |
| Accounts receivable, net | $88,384 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,100 |
| Prepaid expenses and deferred charges | $66,682 |
| Net Land, buildings, and equipment | $7,947,656 |
| Investments—publicly traded securities | $1,049,566 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,703,600 |
| Accounts payable and accrued expenses | $113,777 |
| Grants payable | $0 |
| Deferred revenue | $1,164,971 |
| Tax-exempt bond liabilities | $2,466,611 |
| 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 | $543,739 |
| Total liabilities | $4,289,098 |
| Net assets without donor restrictions | $5,793,095 |
| Net assets with donor restrictions | $621,407 |
| 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 | $10,703,600 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Gunston School Incorporated has recieved totaling $5,271.
| Awarding Organization | Amount |
|---|---|
Foundation For Tomorrow Lincoln, NE PURPOSE: TO FURTHER THE PROGRAMS OF THE ORGANIZATION INCLUDING SUPPORT OF THE ROWING AND BRIDGE PROGRAMS. | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $271 |
Endowment Analysis
| Beg. Balance | $498,525 |
| Earnings | -$9,709 |
| Net Contributions | $25,000 |
| Other Expense | $17,014 |
| Ending Balance | $496,802 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Field School Inc Washington, DC | $76,281,193 | $21,035,391 |
Community Academy Of Philadelphia A Pennylvania Charter School Philadelphia, PA | $18,600,792 | $22,292,096 |
Cristo Rey Philadelphia High School Philadelphia, PA | $44,344,879 | $19,011,850 |
The Seed School Of Maryland Inc Baltimore, MD | $46,101,801 | $18,646,195 |
Valley Forge Military Academy Foundation Wayne, PA | $40,487,283 | $14,074,781 |
Foxcroft School Middleburg, VA | $142,226,453 | $10,560,576 |
Jack M Barrack Hebrew Academy Bryn Mawr, PA | $28,446,825 | $17,100,040 |
Linsly School Incorporated Wheeling, WV | $48,098,120 | $15,151,725 |
Randolph Macon Academy Front Royal, VA | $36,335,018 | $14,186,434 |
Chatham Hall Chatham, VA | $93,224,098 | $20,472,226 |
Glen Mills Schools Concordville, PA | $72,581,010 | $5,135,685 |
Solebury School New Hope, PA | $31,595,369 | $15,801,404 |