Independent Scholarship Inc

Organization Overview

Independent Scholarship Inc, operating under the name Valwood School, is located in Hahira, GA. The organization was established in 1968. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Valwood School employed 130 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valwood 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, Valwood School generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $5.7m during the year ending 06/2022. While expenses have increased by 2.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATION - GRADES K4 THROUGH 12

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION AS DESCRIBED IN IRC 170 (B)(1)(A) GRADES K4 THROUGH 12.


EDUCATION AS DESCRIBED IN IRC 170 (B)(1)(A) GRADES K4


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Board, Officers & Key Employees

Name (title)Compensation
John Davis
Head Of Scho
$164,250
Caryn Alvarado
Vice Chair
$0
Samantha Demersseman
Secretary
$0
John Peeples
Chair
$0
Daniel Schert
Past Chairma
$0
Jonathan Burns
Trustee
$0

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$824,378
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$824,378
Total Program Service Revenue$4,948,163
Investment income -$58,317
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 $5,750,739

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Independent Scholarship Inc has recieved totaling $22,409.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$22,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$409
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$358,018
Earnings-$37,047
Admin Expense-$4,412
Net Contributions$25,900
Other Expense-$10,000
Ending Balance$332,459

Peer Organizations

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