Concord Hill School
- Assets
- $6.5m
- Revenue
- $3.9m
- Investments
- $2.7m
- Employees
- 40
- Location
- Chevy Chase, MD
- Founding
- 11/1965
- Data as of
- 06/2022
- EIN
- 52-0815539
Organization Overview
Concord Hill School is located in Chevy Chase, MD. The organization was established in 1965. 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, Concord Hill School employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concord Hill School 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, Concord Hill School generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $3.6m 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION IS TO MAINTAIN A SCHOOL FOR STUDENTS AGE 3 TO 3RD GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONCORD HILL SCHOOL DEMONSTRATES TO ITS STUDENTS THAT ACQUIRING KNOWLEDGE CAN BE BOTH CHALLENGING AND FUN. WE BELIEVE IT IS IMPORTANT TO CREATE A LEARNING ENVIRONMENT IN WHICH OUR STUDENTS CAN APPRECIATE DIFFERENCES BETWEEN EACH OTHER AND BENEFIT FROM THE EXPLORATION AND INTERACTION OF SUCH DIFFERENCES. OUR PROGRAM DEVELOPS THE WHOLE CHILD WITH A STRONG EMPHASIS ON SOCIAL-EMOTIONAL LEARNING WHICH IS CRITICAL TO A CHILD'S ACADEMIC ACHIEVEMENT AND SUCCESS IN LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nate Dennison Head Of School | Officer | 40 | $174,083 |
Susan Arzt Assistant Head Of School | 50 | $107,751 | |
Sean Shannon Chair | OfficerTrustee | 4 | $0 |
Kenneth George Treasurer | OfficerTrustee | 4 | $0 |
Paige Smith Vice Chair | OfficerTrustee | 4 | $0 |
Tejinder Singh Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $510,382 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $510,382 |
| Total Program Service Revenue | $3,144,133 |
| Investment income | $1,357 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,494 |
| Net Income from Fundraising Events | $206,362 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,874,404 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $405,797 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $311,951 |
| Compensation of current officers, directors, key employees. | $40,553 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,741,147 |
| Pension plan accruals and contributions | $71,950 |
| Other employee benefits | $0 |
| Payroll taxes | $165,735 |
| 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 | $37,726 |
| Advertising and promotion | $0 |
| Office expenses | $78,568 |
| Information technology | $70,929 |
| Royalties | $0 |
| Occupancy | $57,504 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,319 |
| Insurance | $179,307 |
| All other expenses | $28,119 |
| Total functional expenses | $3,565,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,244,648 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $35,000 |
| Accounts receivable, net | $13,697 |
| 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 | $19,637 |
| Net Land, buildings, and equipment | $1,457,311 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,658,494 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,808 |
| Total assets | $6,460,595 |
| Accounts payable and accrued expenses | $352,461 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,222,602 |
| Total liabilities | $1,575,063 |
| Net assets without donor restrictions | $4,795,439 |
| Net assets with donor restrictions | $90,093 |
| 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 | $6,460,595 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Concord Hill School has recieved totaling $37,473.
| Awarding Organization | Amount |
|---|---|
Ganzi Family Foundation New York, NY PURPOSE: UNRESTRICTED GENERAL | $20,000 |
John R And Carolyn J Maness Family Foundation Inc Chapel Hill, NC PURPOSE: GENERAL PURPOSE SUPPORTGENERAL PURPOSE SUPPORT | $10,000 |
Wilkinson Foundation Comercia Bank Chelsea, MI PURPOSE: EDUCATION | $6,500 |
Robert And Susan Rosenbaum Foundation Inc Bethesda, MD PURPOSE: TO FULLFILL FOUNDATION MISSION | $800 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $173 |
Endowment Analysis
| Beg. Balance | $3,125,037 |
| Earnings | -$438,998 |
| Other Expense | $109,500 |
| Ending Balance | $2,576,539 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
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 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Norwood School Inc Bethesda, MD | $57,964,554 | $24,196,645 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Congressional School Inc Falls Church, VA | $21,870,095 | $18,184,082 |
Nansemond-Suffolk Academy Association Incorporated Suffolk, VA | $19,895,333 | $17,664,822 |
Sussex Academy Of Arts & Sciences Inc Georgetown, DE | $42,610,221 | $13,826,672 |
Lowell School Inc Washington, DC | $42,214,480 | $16,545,938 |