Lowell School Inc
- Assets
- $42.2m
- Revenue
- $16.5m
- Investments
- $0.0
- Employees
- 181
- Location
- Washington, DC
- Founding
- 11/1982
- Data as of
- 08/2021
- EIN
- 52-1220544
Organization Overview
Lowell School Inc is located in Washington, DC. The organization was established in 1982. 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 08/2021, Lowell School Inc employed 181 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lowell 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 08/2021, Lowell School Inc generated $16.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $15.4m during the year ending 08/2021. While expenses have increased by 1.4% 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
EDUCATIONAL PROGRAM SERVING PRE-KINDERGARTEN THROUGH 8TH GRADE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOWELL SCHOOL FOSTERS INTELLECTUAL AND EMOTIONAL SELF-RELIANCE, WITH A GUIDING VALUE OF RESPECT FOR EACH OTHER. THIS APPROACH PROVIDES THE FOUNDATION FOR CHILDREN TO BE HIGHLY MOTIVATED LEARNERS WITH A STRONG SENSE OF SELF-WORTH AND EFFICACY.LOWELL SCHOOL PROMOTES ACTIVE, COLLABORATIVE LEARNING WITH AN EMPHASIS ON BUILDING CONCEPTUAL UNDERSTANDING AND DEVELOPING STRONG CREATIVE, CRITICAL, AND ANALYTICAL THINKING. CAREFULLY DESIGNED LEARNING EXPERIENCES AND CURRICULA ARE INTEGRATED ACROSS SUBJECTS, DRAW ON POWERFUL, RELEVANT CONTENT AND STUDENT INTERESTS, AND SUPPORT THE DEVELOPMENT OF INTERNAL MOTIVATION AND A STRONG VOICE.LEARNING AT LOWELL SCHOOL IS RIGOROUS: THINKING IS EMPHASIZED OVER ROTE LEARNING, AND STUDENTS ARE EXPECTED TO USE THEIR KNOWLEDGE AND SKILLS CREATIVELY AND PRACTICALLY. HIGH EXPECTATIONS OF STUDENTS ARE COUPLED WITH APPROPRIATE SCAFFOLDING SO THAT STUDENTS KNOW WHAT TO AIM FOR AND HOW TO GET THERE. IN THIS WAY, LOWELL SCHOOL PREPARES STUDENTS TO BE INNOVATORS AND ACHIEVERS WHO HAVE THE FLEXIBILITY, SKILLS, AND INCLINATION TO SOLVE PROBLEMS NEW AND OLD.LOWELL SCHOOL IS AN INTENTIONALLY DIVERSE SCHOOL. THIS IS ESSENTIAL IN PREPARING STUDENTS FOR A FUTURE THAT WILL DEMAND DEEP MULTICULTURAL UNDERSTANDING, STRONG COLLABORATIVE SKILLS, AND COMMITMENT TO ONE'S LOCAL COMMUNITY AND THE LARGER WORLD. AT LOWELL SCHOOL, WE BELIEVE THAT AN INCLUSIVE COMMUNITY CONTRIBUTES TO INTELLECTUAL STIMULATION AND NURTURES AN INQUISITIVE AND OPEN MIND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Lindner Head Of School, Ex-Officio | OfficerTrustee | 60 | $281,324 |
Christopher Ginter Dir. Of Finance & Operation | Officer | 50 | $135,201 |
Kavan Yee Middle School Director | 40 | $116,861 | |
Dawn Smith Aux Services Director | 40 | $115,877 | |
Sarah Harding Director Of Development | 40 | $111,212 | |
Amy Mauser Chair Of The Board | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ams Hvac Maintenance, Repairs | 8/30/21 | $223,532 |
Kinch Construction Construction, Improvements, Repairs | 8/30/21 | $130,728 |
Wagner Roofing Co Repairs And Improvements | 8/30/21 | $109,580 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $137,887 |
| Related organizations | $0 |
| Government grants | $1,687,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $541,462 |
| Noncash contributions included in lines 1a–1f | $61,070 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,367,249 |
| Total Program Service Revenue | $13,523,772 |
| Investment income | $465,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $123,906 |
| Net Income from Fundraising Events | -$25,501 |
| Net Income from Gaming Activities | $4,620 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,545,938 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,536,325 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $486,972 |
| Compensation of current officers, directors, key employees. | $295,103 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,847,251 |
| Pension plan accruals and contributions | $57,334 |
| Other employee benefits | $465,406 |
| Payroll taxes | $673,643 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,613 |
| Fees for services: Accounting | $100,432 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,795 |
| Fees for services: Other | $169,792 |
| Advertising and promotion | $97,982 |
| Office expenses | $71,307 |
| Information technology | $20,797 |
| Royalties | $0 |
| Occupancy | $663,910 |
| Travel | $15,504 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,278 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,109,221 |
| Insurance | $174,657 |
| All other expenses | $71,168 |
| Total functional expenses | $15,439,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,242,739 |
| Savings and temporary cash investments | $1,685,323 |
| Pledges and grants receivable | $952 |
| Accounts receivable, net | $6,714,163 |
| 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 | $148,642 |
| Net Land, buildings, and equipment | $18,041,541 |
| Investments—publicly traded securities | $12,381,120 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $42,214,480 |
| Accounts payable and accrued expenses | $291,067 |
| Grants payable | $0 |
| Deferred revenue | $11,294,743 |
| Tax-exempt bond liabilities | $11,712,137 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $600,911 |
| Unsecured mortgages and notes payable | $1,687,931 |
| Other liabilities | $642,248 |
| Total liabilities | $26,229,037 |
| Net assets without donor restrictions | $10,615,108 |
| Net assets with donor restrictions | $5,370,335 |
| 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 | $42,214,480 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lowell School Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $500 |
Endowment Analysis
| Beg. Balance | $4,951,993 |
| Earnings | $774,362 |
| Net Contributions | $10,250 |
| Other Expense | $109,592 |
| Ending Balance | $5,627,013 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington International School Washington, DC | $132,347,025 | $55,642,872 |
American Embassy School Association Washington Dc, DC | $98,314,140 | $33,598,614 |
Capital City Public Charter School Inc Washington, DC | $43,801,166 | $29,982,294 |
Two Rivers Public Charter School Inc Washington, DC | $70,128,237 | $23,149,054 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
The Foundation Schools Largo, MD | $16,377,358 | $19,826,112 |
Annapolis Area Christian School Association Inc Severn, MD | $29,091,894 | $17,563,578 |
Norwood School Inc Bethesda, MD | $57,964,554 | $24,196,645 |
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 |
Lowell School Inc Washington, DC | $42,214,480 | $16,545,938 |
Trinity Episcopal School Inc Richmond, VA | $26,705,418 | $14,683,376 |