Westminster Schools Inc is located in Atlanta, GA. The organization was established in 1951. 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 07/2023, Westminster Schools Inc employed 880 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westminster Schools 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 07/2021, Westminster Schools Inc generated $99.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $84.9m during the year ending 07/2021. While expenses have increased by 3.8% 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
CHRISTIAN, INDEPENDENT DAY SCHOOL FOR BOYS AND GIRLS, WHICH SEEKS TO DEVELOP THE WHOLE PERSON FOR COLLEGE AND FOR LIFE THROUGH EXCELLENT EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY & SECONDARY EDUCATION, GENERAL ORDER: THE SCHOOL ENROLLED 1880 STUDENTS IN THE YEAR ENDED JULY 31, 2023 WITH 40% MINORITY ENROLLMENT. LOW CLASS SIZE ENCOURAGES ACADEMIC ACHIEVEMENTS REFLECTED BY STUDENTS' ACCOMPLISHMENTS INCLUDING 21 NATIONAL MERIT FINALISTS, 20 SEMIFINALISTS AND 47 COMMENDED STUDENTS. THE MOST RECENT SAT RANGE FOR THE MIDDLE 50% OF THE SENIOR CLASS WAS 1300-1500. THE SCHOOL'S FACULTY, WITH 200 ADVANCED DEGREES, REPRESENTS AN INTEGRAL COMPONENT OF EACH STUDENT'S EDUCATION. ANOTHER SIGNIFICANT COMPONENT OF THEIR EDUCATION IS THE SCHOOL'S 3 LIBRARIES WHICH HOUSE 75,171 VOLUMES. WESTMINSTER'S STUDENTS' INTERESTS EXTEND BEYOND ACADEMICS, AND INCLUDE ATHLETIC PURSUITS, ARTISTIC ACCOMPLISHMENTS, AND COMMUNITY SERVICE. IN THE 2022-2023 SCHOOL YEAR, THE SCHOOL WON 6 STATE CHAMPIONSHIPS IN ATHLETIC COMPETITIONS, WITH 79% OF UPPER SCHOOL AND MIDDLE SCHOOL STUDENTS INVOLVED IN ATHLETIC ACTIVITIES. THE ARTS ARE HISTORICALLY VERY STRONG AT WESTMINSTER. OVER 59% OF STUDENTS IN THE MIDDLE SCHOOL AND 34% OF STUDENTS IN THE UPPER SCHOOL PARTICIPATE IN THE PERFORMING ARTS. THE BAND, ORCHESTRA, AND CHORAL PROGRAMS HAVE A NUMBER OF OFFERINGS IN EACH DIVISION OF THE SCHOOL, AND CONSISTENTLY RECEIVE SUPERIOR RATING IN COMPETITIONS. WESTMINSTER IS DEDICATED TO THE CONCEPT OF COMMUNITY SERVICE AND STUDENTS HAVE A STRONG TRADITION OF INVOLVEMENT IN THEIR SCHOOL AND THE WIDER COMMUNITY. MOST STUDENTS PARTICIPATE IN VOLUNTARY COMMUNITY SERVICE. ALL DIVISIONS OF THE SCHOOL PARTICIPATE IN SERVICE OPPORTUNITIES THROUGHOUT THE SCHOOL YEAR. THROUGH ITS ENDOWMENT, WESTMINSTER HAS BEEN ABLE TO PROVIDE EDUCATIONAL OPPORTUNITIES TO STUDENTS WHO WOULD OTHERWISE NOT BE ABLE TO PARTICIPATE IN PRIVATE EDUCATION. IN THE 2022-2023 SCHOOL YEAR, 11% OF THE STUDENTS RECEIVED NEED-BASED FINANCIAL AID WHICH MADE ATTENDANCE AT WESTMINSTER POSSIBLE. FOOD SERVICES PROVIDES 2,394 LUNCHES EACH DAY FOR STUDENTS, FACULTY AND STAFF, PLUS A NUMBER OF ADDITIONAL MEALS AT EVENTS AT THE SCHOOL.
STUDENT SERVICE PROGRAMS: WESTMINSTER AUXILIARY ENTERPRISES PROVIDE PROGRAMS AND SERVICES WHICH AUGMENT THE SCHOOL'S EDUCATIONAL OBJECTIVES. WESTMINSTER'S SUMMER PROGRAMS OFFER A WIDE VARIETY OF OPPORTUNITIES THROUGH ITS 46 IN-PERSON CAMP OFFERINGS TO 1943 WESTMINSTER AND NON-WESTMINSTER STUDENTS AGES 4-16. WESTMINSTER ELEMENTARY SCHOOL'S AFTER-SCHOOL PROGRAM, ASK!, SERVICES APPROXIMATELY 259 STUDENTS. STUDENTS MAY CHOOSE TO PARTICIPATE IN MINI-COURSES IN A VARIETY OF SUBJECT AREAS INCLUDING ACADEMICS, ARTS AND ATHLETICS DURING REGULAR PROGRAM HOURS. WESTMINSTER'S NURSERY SERVICES 98 STUDENTS BETWEEN THE AGES OF SIX WEEKS AND FOUR YEARS AND IS AVAILABLE FOR BOTH WESTMINSTER AND NON-WESTMINSTER STUDENTS. THE CURRICULUM IS DESIGNED TO DEVELOP AND SUSTAIN EACH CHILD'S NATURAL CURIOSITY TO INSPIRE A LIFELONG LOVE FOR LEARNING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith A Evans President And Ceo/board Member | OfficerTrustee | 55 | $850,378 |
Katharine W Kelley Chair- Board Of Trustees | OfficerTrustee | 3 | $0 |
Allison Bolch Moran Vice Chair-Board Of Trustees | OfficerTrustee | 3 | $0 |
Marilyn S Black Trustee | Trustee | 3 | $0 |
Elizabeth Kilcullen Blake Trustee | Trustee | 3 | $0 |
J Donald Childress Trustee | Trustee | 3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ennead Architects Llp Architectural Services | 7/30/23 | $2,429,228 |
Flik Independent Schools Dining Services | 7/30/23 | $3,703,709 |
Allegiance Industries Inc Janitorial Services | 7/30/23 | $1,196,031 |
Zenith Construction Llc Construction-service & Materials | 7/30/23 | $555,264 |
Bdr Partners Llc Construction-project Management | 7/30/23 | $382,087 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,548,733 |
Investment income | $42,841 |
Tax Exempt Bond Proceeds | $6,281 |
Royalties | $0 |
Net Rental Income | $226,539 |
Net Gain/Loss on Asset Sales | $6,902,543 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $175,835 |
Miscellaneous Revenue | $0 |
Total Revenue | $99,709,851 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $5,668,477 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,710,144 |
Compensation to disqualified persons | $124,970 |
Other salaries and wages | $37,786,025 |
Pension plan accruals and contributions | $2,373,262 |
Other employee benefits | $4,806,129 |
Payroll taxes | $2,778,148 |
Fees for services: Management | $0 |
Fees for services: Legal | $119,330 |
Fees for services: Accounting | $183,099 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $8,650 |
Fees for services: Investment Management | $1,154,042 |
Fees for services: Other | $1,251,734 |
Advertising and promotion | $349,701 |
Office expenses | $3,538,303 |
Information technology | $1,491,614 |
Royalties | $0 |
Occupancy | $1,405,768 |
Travel | $392,809 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $857,002 |
Interest | $1,687,607 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,101,747 |
Insurance | $887,817 |
All other expenses | $0 |
Total functional expenses | $84,901,011 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $900,762 |
Savings and temporary cash investments | $19,389,663 |
Pledges and grants receivable | $24,840,195 |
Accounts receivable, net | $2,344,635 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $706,521 |
Prepaid expenses and deferred charges | $1,068,596 |
Investments—publicly traded securities | $63,917,701 |
Investments—other securities | $308,788,323 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,182,398 |
Total assets | $596,739,021 |
Accounts payable and accrued expenses | $14,083,339 |
Grants payable | $0 |
Deferred revenue | $39,576,912 |
Tax-exempt bond liabilities | $109,971,866 |
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 | $441,769 |
Total liabilities | $164,073,886 |
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 | $432,665,135 |