The Parkmont School Inc
- Assets
- $1.6m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Washington, DC
- Founding
- 04/1995
- Data as of
- 06/2021
- EIN
- 52-0982560
Organization Overview
The Parkmont School Inc is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Parkmont School Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkmont 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 06/2021, Parkmont School Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $2.9m during the year ending 06/2021. While expenses have increased by 6.0% 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
AN INDEPENDENT, PRIVATE, CO-ED SCHOOL SERVING 40-50 STUDENTS IN GRADES 6-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARKMONT SCHOOL IS AN INDEPENDENT, PRIVATE, CO-ED AND DIVERSE SCHOOL SERVING 40-50 STUDENTS IN GRADES 6-12.
PARKMONT SCHOOL IS AN INDEPENDENT, PRIVATE, CO-ED AND DIVERSE SCHOOL SERVING 40-50 STUDENTS IN GRADES 6-12.
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 |
|---|---|---|---|
Ron Mcclain Executive Director | OfficerTrustee | 40 | $147,307 |
Joe Ferber President | OfficerTrustee | 1 | $0 |
Tom Yoder Secretary | OfficerTrustee | 1 | $0 |
Walter Ailes Treasurer | OfficerTrustee | 1 | $0 |
Deborah Dusault Trustee | Trustee | 1 | $0 |
Cassandra Hetherington Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $233,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,072 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $437,072 |
| Total Program Service Revenue | $2,597,050 |
| Investment income | $17,406 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,528 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,060,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,151,145 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $236,770 |
| Compensation of current officers, directors, key employees. | $58,997 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $887,104 |
| Pension plan accruals and contributions | $40,033 |
| Other employee benefits | $110,758 |
| Payroll taxes | $82,504 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,561 |
| Fees for services: Accounting | $57,338 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,660 |
| Advertising and promotion | $17,389 |
| Office expenses | $71,343 |
| Information technology | $43,784 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,110 |
| Interest | $25,989 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,929 |
| Insurance | $25,377 |
| All other expenses | $0 |
| Total functional expenses | $2,911,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,147 |
| Savings and temporary cash investments | $307,370 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,163 |
| 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 | $375 |
| Net Land, buildings, and equipment | $403,488 |
| Investments—publicly traded securities | $702,286 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,615,829 |
| Accounts payable and accrued expenses | $133,007 |
| Grants payable | $0 |
| Deferred revenue | $125,450 |
| 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 | $355,194 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $613,651 |
| Net assets without donor restrictions | $1,002,178 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,615,829 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Parkmont School Inc has recieved totaling $13,595.
| Awarding Organization | Amount |
|---|---|
Harry And Zoe Poole Foundation Fairfax, VA PURPOSE: SPECIAL NEEDS LITERACY PROGRAMMING | $5,000 |
Gradison Foundation Cincinnati, OH PURPOSE: EDUCATIONAL - GENERAL OPERATIONS | $4,000 |
Lloyd Trotter And Teri Trotter Charitable Trust Jupiter, FL PURPOSE: GENERAL OPERATING SUPPORT | $3,500 |
Frelinghuysen Foundation Far Hills, NJ PURPOSE: GENERAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $95 |
Endowment Analysis
| Beg. Balance | $113,278 |
| Other Expense | $113,278 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For Clinical Chemistry Inc Washington, DC | $31,632,986 | $18,150,460 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Aids United Washington, DC | $16,240,693 | $19,019,266 |
Media Matters For America Washington, DC | $25,734,430 | $18,794,929 |
Appletree Institute For Education Innovation Inc Washington, DC | $11,136,365 | $16,950,350 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Association Of Schools And Programs Of Public Health Inc Washington, DC | $11,824,583 | $12,542,035 |
Strategic Capacity Group Inc Mclean, VA | $1,824,045 | $10,738,430 |
The Management Center Washington, DC | $13,203,217 | $17,392,064 |
Association Of American Universities Washington, DC | $12,330,287 | $10,421,026 |
Csdc Property Corporation Hanover, MD | $98,381,398 | $10,915,076 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |