Walker School Inc
- Assets
- $80.4m
- Revenue
- $24.4m
- Investments
- $0.0
- Employees
- 338
- Location
- Marietta, GA
- Founding
- 09/1973
- Data as of
- 06/2021
- EIN
- 58-0940220
Organization Overview
Walker School Inc is located in Marietta, GA. The organization was established in 1973. 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, Walker School Inc employed 338 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walker 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 06/2021, Walker School Inc generated $24.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $25.0m during the year ending 06/2021. 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
PROVIDE EDUCATIONAL SERVICES FOR STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WALKER SCHOOL IS A PRIVATE INSTITUTION WHICH PROVIDES EDUCATIONAL SERVICES FOR STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE.
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 |
|---|---|---|---|
Jack Hall Head Of School | Officer | 50 | $335,671 |
Christie Holman Director Of Business & Fin | 40 | $150,729 | |
Michael Arjona Head Of Upper School | 40 | $139,481 | |
Ira Dawson Employee | 40 | $117,284 | |
Patricia Dougherty Employee | 40 | $106,553 | |
Carolynn Puffe Board Vice Chair; Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Core Facility Services Operation & Maintenance | 6/29/21 | $198,215 |
Sage Dining Services Inc Food Service | 6/29/21 | $672,764 |
Ivision Scale Llc Computer Support And Services | 6/29/21 | $148,756 |
Encore Technology Group Llc It Company | 6/29/21 | $119,866 |
Precision Turg Construction Contractor | 6/29/21 | $108,556 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $703,214 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $703,214 |
| Total Program Service Revenue | $22,260,974 |
| Investment income | $652,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $724,495 |
| Net Income from Fundraising Events | $29,021 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,370,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,488,743 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $849,719 |
| Compensation of current officers, directors, key employees. | $131,305 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,842,391 |
| Pension plan accruals and contributions | $545,961 |
| Other employee benefits | $1,510,096 |
| Payroll taxes | $818,515 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,924 |
| Fees for services: Accounting | $49,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $155,918 |
| Fees for services: Other | $176,267 |
| Advertising and promotion | $117,487 |
| Office expenses | $198,926 |
| Information technology | $488,878 |
| Royalties | $0 |
| Occupancy | $1,252,583 |
| Travel | $76,893 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $826,153 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,648,118 |
| Insurance | $184,493 |
| All other expenses | $185,778 |
| Total functional expenses | $25,048,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,099,537 |
| Pledges and grants receivable | $274,536 |
| Accounts receivable, net | $172,370 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $69,426 |
| Prepaid expenses and deferred charges | $456,642 |
| Net Land, buildings, and equipment | $38,996,274 |
| Investments—publicly traded securities | $28,046,345 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $274,358 |
| Total assets | $80,389,488 |
| Accounts payable and accrued expenses | $1,635,327 |
| Grants payable | $0 |
| Deferred revenue | $12,055,621 |
| Tax-exempt bond liabilities | $26,074,399 |
| 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 | $149,465 |
| Other liabilities | $1,617,490 |
| Total liabilities | $41,532,302 |
| Net assets without donor restrictions | $36,141,332 |
| Net assets with donor restrictions | $2,715,854 |
| 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 | $80,389,488 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Walker School Inc has recieved totaling $95,176.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $38,320 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $17,207 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $11,335 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: EDUCATION | $10,000 |
Lincoln Financial Foundation Inc Radnor, PA PURPOSE: MATCHING GIFT | $2,000 |
Endowment Analysis
| Beg. Balance | $1,981,451 |
| Earnings | $477,536 |
| Net Contributions | $100,000 |
| Other Expense | $60,850 |
| Ending Balance | $2,498,137 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Charter Educational Foundation Inc Ft Lauderdale, FL | $156,543,730 | $97,506,587 |
Pine Crest Preparatory School Inc Fort Lauderdale, FL | $333,237,666 | $117,032,606 |
Woodward Academy Inc College Park, GA | $297,987,009 | $85,209,091 |
Westminster Schools Inc Atlanta, GA | $596,739,021 | $99,709,851 |
Gulliver Preparatory School Inc Miami, FL | $217,883,947 | $98,038,609 |
Lovett School Atlanta, GA | $255,570,564 | $63,708,553 |
The East Coast Migrant Head Start Project Raleigh, NC | $15,412,919 | $60,635,891 |
Ransom Everglades School Inc Miami, FL | $255,259,179 | $68,191,853 |
Charlotte Country Day School Charlotte, NC | $226,176,676 | $57,558,870 |
Mccallie School Inc Chattanooga, TN | $251,954,499 | $79,356,942 |
Bolles School Jacksonville, FL | $131,930,396 | $55,866,326 |
Providence Day School Charlotte, NC | $110,524,658 | $50,140,053 |