Acorn Hill School Incorporated
- Assets
- $2.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 33
- Location
- Silver Spring, MD
- Founding
- 02/1978
- Data as of
- 06/2023
- EIN
- 52-1094661
Organization Overview
Acorn Hill School Incorporated, operating under the name Acorn Hill Waldorf Kindergarten & Nursery, is located in Silver Spring, MD. The organization was established in 1978. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Acorn Hill Waldorf Kindergarten & Nursery employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acorn Hill Waldorf Kindergarten & Nursery 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 06/2023, Acorn Hill Waldorf Kindergarten & Nursery generated $1.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 2.0% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EARLY CHILDHOOD EDUCATION - SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kai Parker Chairperson | Trustee | 2 | $0 |
Tom Bridenbaugh Vice Chairperson | Trustee | 2 | $0 |
Danielle Brown Secretary | Trustee | 2 | $0 |
William Foster Treasurer | Trustee | 2 | $0 |
Asi Fatimeh Board Member | Trustee | 1 | $0 |
Kelly Marie Barham Ex-Officio, Faculty Chair | OfficerTrustee | 1 | $58,275 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,237 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,317 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,554 |
| Total Program Service Revenue | $1,225,220 |
| Investment income | $35,889 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,328,963 |
| 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. | $204,216 |
| Compensation of current officers, directors, key employees. | $160,921 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $521,191 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,162 |
| Payroll taxes | $58,439 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,421 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $29,590 |
| Information technology | $8,287 |
| Royalties | $0 |
| Occupancy | $167,343 |
| 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 | $31,653 |
| Insurance | $7,540 |
| All other expenses | $30,452 |
| Total functional expenses | $1,195,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,346 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | -$3,961 |
| 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 | $0 |
| Net Land, buildings, and equipment | $467,533 |
| Investments—publicly traded securities | $2,064,962 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,666,880 |
| Accounts payable and accrued expenses | $43,323 |
| Grants payable | $0 |
| Deferred revenue | $263,339 |
| 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 | $0 |
| Total liabilities | $306,662 |
| Net assets without donor restrictions | $0 |
| 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 | $2,360,218 |
| Total liabilities and net assets/fund balances | $2,666,880 |