Sabot At Stony Point Inc
- Assets
- $6.2m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 85
- Location
- Richmond, VA
- Founding
- 06/1968
- Data as of
- 06/2020
- EIN
- 54-0804640
Organization Overview
Sabot At Stony Point Inc is located in Richmond, VA. The organization was established in 1968. 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, Sabot At Stony Point Inc employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sabot At Stony Point 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 06/2020, Sabot At Stony Point Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $3.3m during the year ending 06/2020. While expenses have increased by 2.4% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SABOT AT STONY POINT IS A SCHOOL DESIGNED TO SUSTAIN CHILDREN'S QUEST FOR MEANING AND UNDERSTANDING, HARNESS THE POWER OF THEIR THEORIES AND IDEAS, AND GUIDE THEIR INQUIRY AND RESEARCH IN AN ENVIRONMENT THAT SUPPORTS COLLABORATION AND RESPECTFUL EXCHANGE. WE CHALLENGE OUR STUDENTS TO BECOME EFFECTIVE COMMUNICATORS AND DISCIPLINED THINKERS, CAPABLE OF SOLVING PROBLEMS IN OUR INCREASINGLY COMPLEX WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SABOT AT STONY POINT, INC. PROVIDES EDUCATION FOR PRESCHOOL THROUGH 8TH GRADE STUDENTS. THERE WERE 173 PRESCHOOL AND K-8TH STUDENTS. OUR COLLABORATIVE APPROACH ENCOURAGES STUDENTS TO FIND MEANING AND JOY IN LEARNING, CULTIVATES RESPECT FOR ALL INDIVIDUALS, AND NURTURES THE SKILLS STUDENTS WILL NEED BOTH TO BE ACTIVELY ROOTED IN LOCAL COMMUNITIES AND TO FLOURISH IN OUR INCREASINGLY GLOBAL FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas R Bendel Head Of School - Ended 6-30 | Officer | 40 | $120,300 |
Jonathan Becker JD PHD Vice President | OfficerTrustee | 2 | $0 |
Katherine Brakman Secretary | OfficerTrustee | 2 | $0 |
Courtney Beamon President | OfficerTrustee | 2 | $0 |
Brenda Daglish Treasurer | OfficerTrustee | 2 | $0 |
Shannon Montague Head Of School - Started 03-21 | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $936,686 |
| Investment income | $6,248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,960 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,405 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,237,611 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $205,919 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,420 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,229,305 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $136,263 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,786 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $44,615 |
| Office expenses | $48,570 |
| Information technology | $37,083 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,621 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $121,600 |
| Insurance | $31,703 |
| All other expenses | $0 |
| Total functional expenses | $3,349,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,380 |
| Savings and temporary cash investments | $1,752,949 |
| Pledges and grants receivable | $148,878 |
| Accounts receivable, net | $2,202,500 |
| 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 | $13,180 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $145,191 |
| Total assets | $6,160,573 |
| Accounts payable and accrued expenses | $10,473 |
| Grants payable | $0 |
| Deferred revenue | $2,418,862 |
| 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 | $724,715 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,542 |
| Total liabilities | $3,175,592 |
| 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 |
| Total liabilities and net assets/fund balances | $2,984,981 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sabot At Stony Point Inc has recieved totaling $26,000.
| Awarding Organization | Amount |
|---|---|
Parker Carson Foundation Richmond, VA PURPOSE: GENERAL PURPOSES | $26,000 |
Endowment Analysis
| Beg. Balance | $148,391 |
| Earnings | $5,170 |
| Net Contributions | $4,000 |
| Ending Balance | $157,561 |
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 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
Appletree Institute For Education Innovation Inc Washington, DC | $11,136,365 | $16,950,350 |
North Raleigh Christian Academy Raleigh, NC | $50,620,236 | $15,888,714 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Instruction Partners Nashville, TN | $7,038,441 | $15,858,376 |
Association Of Schools And Programs Of Public Health Inc Washington, DC | $11,824,583 | $12,542,035 |
Read Foundation Memphis, TN | $15,946,000 | $13,611,845 |