North Cross School
- Assets
- $29.5m
- Revenue
- $14.3m
- Investments
- $1.8m
- Employees
- 278
- Location
- Roanoke, VA
- Founding
- 02/1964
- Data as of
- 06/2021
- EIN
- 54-0699572
Organization Overview
North Cross School is located in Roanoke, VA. The organization was established in 1964. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, North Cross School employed 278 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Cross 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, North Cross School generated $14.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $11.8m during the year ending 06/2021. While expenses have increased by 3.5% 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
A NON-SECTARIAN, INDEPENDENT, CO-EDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL, SERVICING GRADES PRE-KINDERGARTEN THROUGH TWELVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL - FUNDS USED TO PROVIDE COMPREHENSIVE EDUCATIONAL PROGRAMS TO 569 STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH TWELFTH, AUXILIARY SERVICES, AND THE CARTER ATHLETIC CENTER FOR THE SCHOOL AND THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian Proctor PHD Head Of School | Officer | 40 | $265,028 |
George I Vogel III Vice Chair | OfficerTrustee | 1 | $0 |
Sarah Boxley Beck Chair | OfficerTrustee | 1 | $0 |
Janet Dunn Frantz Secretary | OfficerTrustee | 1 | $0 |
Gregory M Terrill Treasurer | OfficerTrustee | 1 | $0 |
Dr Donna Rs Batzel Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mb Contractors Construction Contactor | 6/29/20 | $8,365,503 |
Wilson International School Student Boarding Dormitory | 6/29/20 | $229,478 |
Brame Specialty Company Office Supply | 6/29/20 | $189,375 |
Southern Concessions Cafeteria Contractor | 6/29/20 | $181,184 |
Brame Specialty Company Office Supply | 6/29/20 | $189,375 |
Southern Concessions Cafeteria Contractor | 6/29/20 | $181,184 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,146,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,371,974 |
| Noncash contributions included in lines 1a–1f | $451,903 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,518,874 |
| Total Program Service Revenue | $10,717,784 |
| Investment income | $25,049 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,651 |
| 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 | $14,280,358 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $84,785 |
| Grants and other assistance to domestic individuals. | $2,550,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,849,432 |
| Pension plan accruals and contributions | $223,796 |
| Other employee benefits | $436,426 |
| Payroll taxes | $365,645 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $825 |
| Fees for services: Accounting | $63,309 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $49,580 |
| Office expenses | $51,459 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $300,820 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $267,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $846,111 |
| Insurance | $157,757 |
| All other expenses | $50,586 |
| Total functional expenses | $11,839,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $403,243 |
| Savings and temporary cash investments | $1,441,347 |
| Pledges and grants receivable | $3,882,768 |
| Accounts receivable, net | $168,624 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,950 |
| Prepaid expenses and deferred charges | $1,209 |
| Net Land, buildings, and equipment | $21,800,761 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,773,612 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,476,514 |
| Accounts payable and accrued expenses | $744,317 |
| Grants payable | $0 |
| Deferred revenue | $680,249 |
| 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 | $7,210,689 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $104,142 |
| Total liabilities | $8,739,397 |
| Net assets without donor restrictions | $18,926,202 |
| Net assets with donor restrictions | $1,810,915 |
| 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 | $29,476,514 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Cross School has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Taubman Foundation For The Arts Roanoke, VA PURPOSE: OPERATING CONTRIBUTION | $5,000 |
Endowment Analysis
| Beg. Balance | $1,404,791 |
| Earnings | $298,555 |
| Admin Expense | $53,248 |
| Net Contributions | $138,809 |
| Ending Balance | $1,788,907 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac School Mclean, VA | $225,192,195 | $49,665,882 |
Providence Day School Charlotte, NC | $110,524,658 | $50,140,053 |
Flint Hill School Oakton, VA | $94,406,099 | $45,449,765 |
Charlotte Latin Schools Inc Charlotte, NC | $136,686,590 | $47,461,290 |
Bullis School Inc Potomac, MD | $98,208,716 | $48,486,298 |
Charles E Smith Jewish Day School Of Greater Washington Inc Rockville, MD | $72,940,113 | $37,835,110 |
Landon School Corporation Bethesda, MD | $80,382,622 | $54,334,304 |
Ravenscroft School Inc Raleigh, NC | $81,090,288 | $36,426,897 |
Durham Academy Inc Durham, NC | $115,235,784 | $38,768,231 |
Friends School Of Baltimore Inc Baltimore, MD | $92,747,497 | $38,147,236 |
Maret School Inc Washington, DC | $97,996,233 | $40,685,591 |
Bryn Mawr School For Girls Of Baltimore City Baltimore, MD | $100,381,068 | $39,864,147 |