Carolina Friends School

Organization Overview

Carolina Friends School is located in Durham, NC. The organization was established in 1965. 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, Carolina Friends School employed 260 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Friends 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, Carolina Friends School generated $15.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $14.3m during the year ending 06/2021. While expenses have increased by 4.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CAROLINA FRIENDS SCHOOL IS A VIBRANT AND INCLUSIVE LEARNING COMMUNITY EMPOWERING STUDENTS TO THINK CRITICALLY, CREATIVELY, AND INDEPENDENTLY. WE FOSTER ACTIVE EXPLORATION AND QUIET REFLECTION, INDIVIDUAL ENDEAVOR AND COLLABORATIVE ENGAGEMENT. INSPIRED BY QUAKER VALUES PURSUIT OF TRUTH, RESPECT FOR ALL, PEACEFUL RESOLUTION OF CONFLICT, SIMPLICITY, THE CALL TO SERVICE, WE TEACH OUR CHILDREN THAT IT IS POSSIBLE TO CHANGE THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE EDUCATION TO STUDENTS FROM PRESCHOOL (3 YEARS OLD) THROUGH UPPER SCHOOL (12TH GRADE). AT CAROLINA FRIENDS SCHOOL, LEARNING IS DYNAMIC, EXPERIENTIAL, AND INTERACTIVE. STUDENTS ENCOUNTER OPEN-ENDED QUESTIONS, UNDERTAKE ORIGINAL PROJECTS OF REAL RELEVANCE, EXPLORE THE NATURAL WORLD, AND IMMERSE THEMSELVES IN SERVICE LEARNING. IN DOING SO, THEY BUILD IMPRESSIVE POWERS OF CRITICAL, CREATIVE, AND INDEPENDENT THINKING AND EXPRESSION. IT IS EXCEPTIONAL EDUCATION SHAPED BY A CLEAR SET OF BELIEFS, A COMMITMENT TO QUAKER VALUES, A LOVE OF CHILDREN, AND A SENSE OF HOPE FOR THE COMMUNITIES, LOCAL AND GLOBAL, THEY WILL SOON LEAD AND SERVE. AT THE END OF THE SCHOOL YEAR 2020/2021, THERE WERE 497 STUDENTS ENROLLED IN THE SCHOOL.


AUXILIARY SERVICES FOR CAROLINA FRIENDS SCHOOL INCLUDE AFTER-SCHOOL CARE, SUMMER PROGRAMS, AND ENRICHMENT PROGRAMS. IN ADDITION TO AUXILIARY SERVICES, EXPENSES INCLUDE THOSE SUPPORTING SPORTS PROGRAMS, LIBRARY SERVICES AND SUPPORTING LEARNING NEEDS. AFTER-SCHOOL CARE IS OFFERED IN THE LOWER AND MIDDLE SCHOOLS UNTIL 5:45 PM EACH SCHOOL DAY. OUR SUMMER PROGRAMS OFFER A VARIETY OF WEEKLY CAMPS TO THE COMMUNITY. THE CAMPS ARE EXTREMELY SUCCESSFUL AND PROVIDE AN OUTREACH TO A WIDE VARIETY OF FAMILIES IN THE AREA. THERE WERE APPROXIMATELY 934 STUDENTS INVOLVED IN AUXILIARY ACTIVITIES IN SCHOOL YEAR 2020/2021. MANY STUDENTS ARE INVOLVED IN MORE THAN ONE ACTIVITY. ENRICHMENT PROGRAMS INCLUDE AFTER-SCHOOL "FUN SHOPS" IN ART, SCIENCE, SPORTS, AND MUSIC LESSONS.


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Board, Officers & Key Employees

Name (title)Compensation
Karen Cumberbatch
Head Of School
$209,973
Katherine Collini
Director Of Finance
$110,206
Felix Wong
Treasurer
$0
Chari Smith
Recording Clerk
$0
Mark Kuhn
Clerk
$0
John Bell
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ct Wilson
Construction Services
$883,378
United Healthcare
Health Care Insurance
$522,924
Bank Of America
Banking Services
$367,233
Whole Foods Market
Grocery Cards
$207,600
Weinstein Friedlein Architects
Architectural Services
$185,371
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,269,700
All other contributions, gifts, grants, and similar amounts not included above$1,614,288
Noncash contributions included in lines 1a–1f $310,881
Total Revenue from Contributions, Gifts, Grants & Similar$2,883,988
Total Program Service Revenue$12,162,633
Investment income $136,929
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $493,425
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,676,975

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Carolina Friends School has recieved totaling $77,933.

Awarding OrganizationAmount
Robert And Mercedes Eichholz Foundation

Brooklyn, NY

PURPOSE: ART PROGRAMS

$30,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$11,150
$10,000
Laurence & Thressa Anderson Family Foundation Inc

Las Vegas, NV

PURPOSE: CHARITABLE USE

$10,000
Michael And Laura Brader-Araje Foundation

Chapel Hill, NC

PURPOSE: SUPPORT EDUCATION

$8,495
Bertsch Family Charitable Foundation Inc

Chapel Hill, NC

PURPOSE: EDUCATIONAL

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$13,051,358
Earnings$5,204,228
Admin Expense$13,596
Net Contributions$1,026,334
Ending Balance$19,268,324

Peer Organizations

Organization NameAssets
Potomac School
Mclean, VA
$49,665,882
Providence Day School
Charlotte, NC
$50,140,053
Flint Hill School
Oakton, VA
$45,449,765
Charlotte Latin Schools Inc
Charlotte, NC
$47,461,290
Greater Atlanta Christian Schools Inc
Norcross, GA
$44,897,863
Pace Academy Inc
Atlanta, GA
$47,968,638
Ravenscroft School Inc
Raleigh, NC
$36,426,897
Durham Academy Inc
Durham, NC
$38,768,231
Purpose Built Schools Atlanta Inc
Atlanta, GA
$34,651,857
Wesleyan School Inc
Peachtree Corners, GA
$38,199,935
St Annes-Belfield Inc
Charlottesville, VA
$34,335,007
Norfolk Academy
Norfolk, VA
$29,484,040

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