Chelsea School
- Assets
- $5.2m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 52
- Location
- Hyattsville, MD
- Founding
- 03/1977
- Data as of
- 06/2021
- EIN
- 52-1072280
Organization Overview
Chelsea School is located in Hyattsville, MD. The organization was established in 1977. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Chelsea School employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chelsea 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 06/2021, Chelsea School generated $3.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. While expenses have increased by 1.0% 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
CHELSEA SCHOOL EDUCATES PROMISING STUDENTS WITH SPECIFIC LANGUAGE-BASED LEARNING DIFFERENCES IN A RIGOROUS, INDIVIDUALIZED COLLEGE PREPARATORY ENVIRONMENT TO BECOME LIFELONG, INDEPENDENT LEARNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE SCHOOL, GRADES 5-12, WITH PROGRAMS DESIGNED TO MEET THE SPECIAL NEEDS OF LEARNING DISABLED CHILDREN. AVERAGE ENROLLMENT FOR THE YEAR WAS 68.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Mills Executive Director | Officer | 40 | $123,848 |
Jeff Green Director Of Finance | Officer | 45 | $81,935 |
Kristal Weems-Bradner Head Of School | Officer | 40 | $81,188 |
Nadine Dominique Director | OfficerTrustee | 2 | $0 |
Chris Casey Treasurer | OfficerTrustee | 2 | $0 |
Paul Hagens Jr Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,074 |
| Related organizations | $0 |
| Government grants | $424,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,453 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $466,427 |
| Total Program Service Revenue | $3,044,424 |
| Investment income | $74,348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $40,355 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,632,432 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $101,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $397,977 |
| Compensation of current officers, directors, key employees. | $224,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,817,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $148,208 |
| Payroll taxes | $177,202 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,811 |
| Fees for services: Other | $75,910 |
| Advertising and promotion | $28,025 |
| Office expenses | $30,503 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $429,371 |
| 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 | $199,058 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,493,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $342,902 |
| Savings and temporary cash investments | $226,076 |
| Pledges and grants receivable | $5,250 |
| Accounts receivable, net | $353,625 |
| 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 | $6,940 |
| Net Land, buildings, and equipment | $391,061 |
| Investments—publicly traded securities | $3,872,044 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,801 |
| Total assets | $5,207,699 |
| Accounts payable and accrued expenses | $318,098 |
| Grants payable | $0 |
| Deferred revenue | $290,053 |
| 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 | $24,707 |
| Total liabilities | $632,858 |
| Net assets without donor restrictions | $4,053,697 |
| Net assets with donor restrictions | $521,144 |
| 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 | $5,207,699 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chelsea School has recieved totaling $220.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $220 |
Endowment Analysis
| Beg. Balance | $427,851 |
| Earnings | $58,965 |
| Other Expense | $58,965 |
| Ending Balance | $427,851 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alternative Paths Training School Inc Dumfries, VA | $29,662,762 | $20,489,291 |
Ivymount School Inc Rockville, MD | $17,009,081 | $19,214,475 |
The Faison Center Inc Richmond, VA | $62,568,652 | $21,070,606 |
Pennsylvania School For The Deaf Philadelphia, PA | $50,307,552 | $18,217,495 |
The Jemicy School Inc Owings Mills, MD | $60,314,466 | $19,832,444 |
Innovative Learning Inc Annapolis, MD | $14,693,405 | $15,755,864 |
Tlc- The Treatment & Learning Centers Inc Rockville, MD | $16,034,183 | $16,805,293 |
Linwood Center Inc Ellicott City, MD | $17,528,411 | $14,193,364 |
Pathway School Jeffersonville, PA | $3,810,841 | $12,917,266 |
Camphill Special School Inc Glenmoore, PA | $20,430,616 | $13,695,303 |
Phmc Integrated Philadelphia, PA | $4,344,336 | $13,457,357 |
Washington Leadership Academy Public Charter School Washington, DC | $6,698,710 | $11,961,508 |