Primary Day School Inc is located in Bethesda, MD. The organization was established in 1957. 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 06/2024, Primary Day School Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Primary Day 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 06/2024, Primary Day School Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $5.3m during the year ending 06/2024. While expenses have increased by 4.4% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY DAY SCHOOL, INC'S PRINCIPAL SERVICE ACTIVITY IS TO PROVIDE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDED EDUCATION FOR PRE-KINDERGARTEN, KINDERGARTEN, FIRST GRADE, AND SECOND GRADE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mack Wells Board Chair | OfficerTrustee | 1 | $0 |
Jennifer Puterman Treasurer | OfficerTrustee | 2 | $0 |
Jennifer Miller Secretary | OfficerTrustee | 2 | $0 |
Peter Barrett Trustee | Trustee | 1 | $0 |
Shiaw-Wei Chang Trustee | Trustee | 1 | $0 |
Jack Chu Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Denchfield Landscaping Campus Landscaping & Maintenance | 6/29/23 | $211,487 |
Palm Facility Services Llc School Building Cleaners | 6/29/23 | $153,972 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $111,499 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $363,963 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $475,462 |
Total Program Service Revenue | $4,840,490 |
Investment income | $201,038 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $32,710 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,549,700 |
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. | $319,915 |
Compensation of current officers, directors, key employees. | $89,576 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,864,162 |
Pension plan accruals and contributions | $188,677 |
Other employee benefits | $217,433 |
Payroll taxes | $231,301 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,834 |
Fees for services: Accounting | $37,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $51,445 |
Fees for services: Other | $168,475 |
Advertising and promotion | $7,730 |
Office expenses | $489,837 |
Information technology | $85,765 |
Royalties | $0 |
Occupancy | $29,906 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,413 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $338,738 |
Insurance | $69,585 |
All other expenses | $0 |
Total functional expenses | $5,339,643 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,188,249 |
Pledges and grants receivable | $25,200 |
Accounts receivable, net | $0 |
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 | $44,337 |
Net Land, buildings, and equipment | $1,211,285 |
Investments—publicly traded securities | $5,484,604 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $39,954 |
Total assets | $8,993,629 |
Accounts payable and accrued expenses | $31,681 |
Grants payable | $0 |
Deferred revenue | $1,888,022 |
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 | $0 |
Other liabilities | $41,044 |
Total liabilities | $1,960,747 |
Net assets without donor restrictions | $7,007,682 |
Net assets with donor restrictions | $25,200 |
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 | $8,993,629 |