Saint Andrews School Of Boca Raton Inc
- Assets
- $98.4m
- Revenue
- $51.7m
- Investments
- $17.0m
- Employees
- 489
- Location
- Boca Raton, FL
- Founding
- 07/1963
- Data as of
- 06/2021
- EIN
- 59-0942383
Organization Overview
Saint Andrews School Of Boca Raton Inc is located in Boca Raton, FL. The organization was established in 1963. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Saint Andrews School Of Boca Raton Inc employed 489 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Andrews School Of Boca Raton 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, Saint Andrews School Of Boca Raton Inc generated $51.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $51.5m during the year ending 06/2021. While expenses have increased by 3.0% per year over the past 5 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
FOUNDED IN 1961, SAINT ANDREW'S SCHOOL IS A NATIONALLY RECOGNIZED PRE-K THROUGH GRADE 12, DAY AND BOARDING, COLLEGE PREPARATORY SCHOOL IN BOCA RATON, FLORIDA. THE SCHOOL OFFERS A RIGOROUS, PRIVATE SCHOOL CURRICULUM THAT FOSTERS CREATIVE THINKING, OPPORTUNITIES TO ACHIEVE BALANCE, AND EXPERIENCES THAT BUILD STRONG CHARACTER. THE SCHOOL SERVES OVER 1,300 STUDENTS FROM OVER 40 COUNTRIES OF MULTIPLE FAITHS AND CULTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAINT ANDREW'S HAS DEVELOPED A TOP COLLEGE PREPARATORY CURRICULUM, INCLUDING HONORS, ADVANCED PLACEMENT (AP), AND INTERNATIONAL BACCALAUREATE (IB) COURSES. OUR STUDENTS IN GRADES PRE-K-12 ARE CHALLENGED TO THINK CRITICALLY AND SOLVE PROBLEMS THROUGH A CARING AND WORLD-CLASS FACULTY WHILE LEARNING IN A COLLABORATIVE ENVIRONMENT SAFE FOR RISK-TAKING. WE OFFER STUDENT ACTIVITIES, ATHLETICS, SUMMER AND AUXILIARY PROGRAMMING, AS WELL AS STUDENT AND FACULTY HOUSING ON OUR 81-ACRE CAMPUS.
AUXILIARY SERVICES - SCHOOL PUBLICATIONS, NEWSPAPER & YEARBOOK - AUXILIARY FACILITIES USAGE - SCHOOL STORE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael W Goodman Chair | OfficerTrustee | 3 | $0 |
Kenneth Blatt Vice Chair | OfficerTrustee | 3 | $0 |
Glenn Alba Treasurer | OfficerTrustee | 3 | $0 |
William Fleming Secretary | OfficerTrustee | 3 | $0 |
Michael F Zammiello Assistant Secretary | OfficerTrustee | 3 | $0 |
Caren Snead Williams Member-At-Large | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sage Dining Services Inc Food Services | 6/29/22 | $2,928,534 |
Tf Construction Management Services Contractor | 6/29/22 | $871,059 |
Acl Cleaning Systems Janitorial | 6/29/22 | $851,911 |
Carney Sandoe & Associates Recruiting | 6/29/22 | $490,468 |
Nanak's Landscaping Inc Landscaping | 6/29/22 | $211,920 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,131,013 |
| Investment income | $2,317 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,136,061 |
| Net Income from Fundraising Events | $55,553 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $98,150 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,730,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $7,300,625 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $793,855 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,080,995 |
| Pension plan accruals and contributions | $1,032,541 |
| Other employee benefits | $2,761,440 |
| Payroll taxes | $1,423,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $112,302 |
| Fees for services: Accounting | $66,614 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,093,434 |
| Advertising and promotion | $129,885 |
| Office expenses | $90,349 |
| Information technology | $711,323 |
| Royalties | $0 |
| Occupancy | $830,052 |
| Travel | $8,112 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93,899 |
| Interest | $1,473,932 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,542,019 |
| Insurance | $1,248,668 |
| All other expenses | $0 |
| Total functional expenses | $51,468,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,514,674 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,368,225 |
| Accounts receivable, net | $99,665 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $357,491 |
| Prepaid expenses and deferred charges | $652,671 |
| Investments—publicly traded securities | $8,333,946 |
| Investments—other securities | $17,023,252 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $335,450 |
| Total assets | $98,372,123 |
| Accounts payable and accrued expenses | $1,735,064 |
| Grants payable | $0 |
| Deferred revenue | $22,838,692 |
| 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 | $32,460,157 |
| Unsecured mortgages and notes payable | $3,609,655 |
| Other liabilities | $3,239,405 |
| Total liabilities | $63,882,973 |
| 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 | $34,489,150 |