The Carmel School
- Assets
- $15.1m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 94
- Location
- Ruther Glen, VA
- Founding
- 05/2000
- Data as of
- 06/2022
- EIN
- 54-1960110
Organization Overview
The Carmel School is located in Ruther Glen, VA. The organization was established in 2000. 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 06/2022, Carmel School employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carmel 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 06/2022, Carmel School generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $4.8m during the year ending 06/2022. While expenses have increased by 8.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CARMEL SCHOOL IS TO PREPARE STUDENTS FOR SUCCESS IN OUR EVER-CHANGING WORLD BY CREATING A COMMUNITY SUPPORTIVE OF ACADEMIC, PHYSICAL AND SPIRTUAL GROWTH ROOTED IN CHRISTIAN VALUES TO INSTILL HONOR AND INTEGRITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC EDUCATION IN A CHRISTIAN ENVIRONMENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Williamson Director/headmaster | 40 | $114,188 | |
Dr Raymond L Spence Jr President | OfficerTrustee | 1 | $0 |
Fred Hall Secretary/treasurer | OfficerTrustee | 1 | $0 |
Harold H Stills Director | Trustee | 1 | $0 |
Grant Grayson Director | Trustee | 1 | $0 |
Russell Harper Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $107,246 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,393,493 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500,739 |
| Total Program Service Revenue | $2,129,672 |
| Investment income | $50 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,785 |
| Net Gain/Loss on Asset Sales | $33,566 |
| Net Income from Fundraising Events | -$5,007 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$3,469 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,660,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $117,160 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,188 |
| Compensation of current officers, directors, key employees. | $26,263 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,471,369 |
| Pension plan accruals and contributions | $2,538 |
| Other employee benefits | $268,809 |
| Payroll taxes | $187,761 |
| Fees for services: Management | $86,040 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $22,614 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,888 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $41,817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,966 |
| Interest | $583 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $564,818 |
| Insurance | $60,195 |
| All other expenses | $328,873 |
| Total functional expenses | $4,797,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,577 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,013 |
| 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 | $52,335 |
| Net Land, buildings, and equipment | $14,880,965 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,059,890 |
| Accounts payable and accrued expenses | $25,615 |
| Grants payable | $0 |
| Deferred revenue | $137,251 |
| 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 | $225,860 |
| Total liabilities | $388,726 |
| Net assets without donor restrictions | $14,626,136 |
| Net assets with donor restrictions | $45,028 |
| 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 | $15,059,890 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Carmel School has recieved totaling $1,965,000.
| Awarding Organization | Amount |
|---|---|
E Claiborne Robins Jr Charitable Tr Richmond, VA PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,965,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Milton Gottesman Jewish Day School Of The Nations Capital Washington, DC | $47,850,998 | $22,230,618 |
Lincoln Charter School Inc Denver, NC | $10,014,512 | $18,722,799 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Imagine Schools Inc Vienna, VA | $112,554,052 | $31,881,932 |
Capstone Education Group Inc Memphis, TN | $24,521,664 | $20,250,688 |
Meridian Public Charter School Washington, DC | $25,835,715 | $17,496,957 |
St Paul's School For Girls Inc Brooklandville, MD | $0 | $15,914,099 |
Sayre School Lexington, KY | $37,948,520 | $16,925,718 |
St Johns Community Services - District Of Columbia Washington, DC | $113,804 | $20,352,755 |
Lexington Christian Academy Inc Lexington, KY | $37,177,484 | $18,280,442 |
Saint James School Inc Hagerstown, MD | $77,226,869 | $20,561,499 |