Piedmont School Inc
- Assets
- $4.4m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 36
- Location
- High Point, NC
- Founding
- 06/1984
- Data as of
- 05/2024
- EIN
- 56-1336200
Organization Overview
Piedmont School Inc is located in High Point, NC. The organization was established in 1984. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 05/2024, Piedmont School Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont 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 05/2024, Piedmont School Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $2.4m during the year ending 05/2024. While expenses have increased by 6.6% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PIEDMONT SCHOOL STRIVES DAILY TO BE THE EDUCATIONAL OASIS THAT QUENCHES THE THIRST OF
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE BASIC SKILLS REMEDIATION IN LANGUAGE ARTS & MATH FOR INDIVIDUALS WITH SPECIFIC LEARNING DISABILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kori Mackall Head Of School | OfficerTrustee | 40 | $99,186 |
Mariann Tillery Board Of Trustees | Trustee | 0.5 | $0 |
Penny Rowe Board Of Trustees | Trustee | 0.5 | $0 |
Jay Simpson Board Of Trustees | Trustee | 0.5 | $0 |
John Anderson Board Of Trustees | Trustee | 0 | $0 |
Jennifer Mays Board Of Trustees | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $549,683 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $553,183 |
| Total Program Service Revenue | $1,784,184 |
| Investment income | $111,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $2,539,437 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $336,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $141,355 |
| Compensation of current officers, directors, key employees. | $141,355 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,233,188 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $104,536 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,390 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,153 |
| Office expenses | $9,639 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,404 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,148 |
| Insurance | $27,824 |
| All other expenses | $0 |
| Total functional expenses | $2,387,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,386 |
| Savings and temporary cash investments | $2,717,618 |
| Pledges and grants receivable | $317,350 |
| Accounts receivable, net | $27,457 |
| 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 | $0 |
| Net Land, buildings, and equipment | $910,105 |
| Investments—publicly traded securities | $220,304 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $95,910 |
| Total assets | $4,384,130 |
| Accounts payable and accrued expenses | $28,670 |
| Grants payable | $0 |
| Deferred revenue | $99,002 |
| 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 | $131,880 |
| Total liabilities | $259,552 |
| Net assets without donor restrictions | $1,747,187 |
| Net assets with donor restrictions | $2,377,391 |
| 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 | $4,384,130 |