Ransom Everglades School Inc
- Assets
- $255.3m
- Revenue
- $68.2m
- Investments
- $0.0
- Employees
- 383
- Location
- Miami, FL
- Founding
- 12/1954
- Data as of
- 06/2022
- EIN
- 59-0659070
Organization Overview
Ransom Everglades School Inc is located in Miami, FL. The organization was established in 1954. 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 06/2022, Ransom Everglades School Inc employed 383 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ransom Everglades 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 06/2022, Ransom Everglades School Inc generated $68.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $56.8m during the year ending 06/2022. While expenses have increased by 5.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN EDUCATIONAL ENVIRONMENT IN WHICH THE PURSUIT OF HONOR, ACADEMIC EXCELLENCE AND INTELLECTUAL GROWTH IS COMPLEMENTED BY CONCERN FOR THE PHYSICAL, CULTURAL AND CHARACTER DEVELOPMENT OF EACH STUDENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2021-22, SCHOOL YEAR, RANSOM EVERGLADES PROVIDED STUDENTS ON TWO CAMPUSES ACCESS TO A RIGOROUS ACADEMIC PROGRAM BUILT ON DISCUSSION-BASED LEARNING AND INNOVATIVE THINKING AND ENHANCED BY TECHNOLOGICALLY ADVANCED CLASSROOMS. THE ACADEMIC OFFERINGS WERE COMPLEMENTED BY A WIDE-RANGING AND SUCCESSFUL ATHLETICS PROGRAM; A VARIETY OF OPPORTUNITIES IN THE PERFORMING AND VISUAL ARTS; AND POPULAR SUMMER CLASSES AND CAMPS. IN ADDITION, ALL STUDENTS FOUND FREQUENT OPPORTUNITIES TO ENGAGE IN LOCAL OR GLOBAL SERVICE THROUGH STUDENT-RUN CLUBS OR SCHOOL-WIDE INITIATIVES.
INSTITUTION RUNS A SUMMER SCHOOL AND CAMP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie G Townsend Head Of School | Officer | 40 | $578,606 |
John King Associate Head Of School | Officer | 40 | $211,376 |
Melanie Hoffman Dir Of Advancement | 40 | $203,000 | |
Lewis Stival Dir Of College Counseling | 40 | $174,649 | |
Richard Bernasco CFO | Officer | 40 | $173,217 |
Amy Sayfie Zichella Dir Of Admissions | 40 | $167,248 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brodson Construction Inc Construction | 6/29/22 | $2,123,453 |
Sage Dining Services Inc Cafeteria Services | 6/29/22 | $1,750,013 |
Michael Electric Inc Electrician | 6/29/22 | $557,862 |
Sori Glass Inc Glass | 6/29/22 | $524,822 |
Natural Touch Lawn Services Llc Landscaping | 6/29/22 | $448,887 |
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 | $12,259,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,259,879 |
| Total Program Service Revenue | $50,848,345 |
| Investment income | $902,869 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $71,745 |
| Net Gain/Loss on Asset Sales | $3,577,962 |
| Net Income from Fundraising Events | $264,220 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $243,544 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,191,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,392,012 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,047,452 |
| Compensation of current officers, directors, key employees. | $836,076 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,746,415 |
| Pension plan accruals and contributions | $2,053,383 |
| Other employee benefits | $1,873,049 |
| Payroll taxes | $1,517,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $561,370 |
| Fees for services: Accounting | $48,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $188,358 |
| Fees for services: Other | $750,919 |
| Advertising and promotion | $0 |
| Office expenses | $2,031,309 |
| Information technology | $605,593 |
| Royalties | $0 |
| Occupancy | $4,684,720 |
| Travel | $485,049 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $255,028 |
| Interest | $1,272,713 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,221,767 |
| Insurance | $2,212,257 |
| All other expenses | $0 |
| Total functional expenses | $56,803,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $849,720 |
| Savings and temporary cash investments | $52,159,206 |
| Pledges and grants receivable | $19,526,815 |
| Accounts receivable, net | $389,567 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $114,573 |
| Prepaid expenses and deferred charges | $3,250,385 |
| Net Land, buildings, and equipment | $122,198,554 |
| Investments—publicly traded securities | $56,679,041 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,318 |
| Total assets | $255,259,179 |
| Accounts payable and accrued expenses | $4,861,741 |
| Grants payable | $0 |
| Deferred revenue | $37,512,393 |
| Tax-exempt bond liabilities | $41,152,835 |
| 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 | $1,113,957 |
| Total liabilities | $84,640,926 |
| Net assets without donor restrictions | $131,856,336 |
| Net assets with donor restrictions | $38,761,917 |
| 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 | $255,259,179 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Ransom Everglades School Inc has recieved totaling $595,546.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $145,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $130,600 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $104,000 |
Aspen Community Foundation Basalt, CO PURPOSE: GENERAL SUPPORT | $50,000 |
The Lampert Foundation Bay Harbor Islands, FL PURPOSE: GENERAL UNRESTRICTED | $50,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $25,640 |
Endowment Analysis
| Beg. Balance | $52,830,090 |
| Earnings | -$2,668,993 |
| Net Contributions | $2,555,267 |
| Other Expense | $2,056,679 |
| Ending Balance | $50,659,685 |
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 |
Ransom Everglades School Inc Miami, FL | $255,259,179 | $68,191,853 |
Bolles School Jacksonville, FL | $131,930,396 | $55,866,326 |
Miami Country Day School Inc Miami, FL | $132,305,093 | $52,562,056 |
Greater Atlanta Christian Schools Inc Norcross, GA | $104,910,212 | $44,897,863 |
Pace Academy Inc Atlanta, GA | $185,935,585 | $47,968,638 |
Purpose Built Schools Atlanta Inc Atlanta, GA | $15,990,097 | $34,651,857 |