Saint Edwards School
- Assets
- $54.4m
- Revenue
- $20.0m
- Investments
- $0.0
- Employees
- 323
- Location
- Vero Beach, FL
- Founding
- 05/1965
- Data as of
- 06/2022
- EIN
- 59-1059214
Organization Overview
Saint Edwards School is located in Vero Beach, FL. The organization was established in 1965. 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 06/2023, Saint Edwards School employed 323 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Edwards 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, Saint Edwards School generated $20.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $17.5m during the year ending 06/2022. 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
SAINT EDWARD'S SCHOOL IS A COMMUNITY AND CULTURE WHICH PROMOTES LIFE-LONGLEARNING BY DEVELOPING CRITICAL THINKING, COLLABORATION, AND A THOROUGHPREPARATION FOR COLLEGE AND THE FUTURE. FOUNDED UPON THE EPISCOPALTRADITION, THE FOCUS IS ON THE WHOLE CHILD, LED BY A STRONG FACULTY WHOWORK TO HELP ALL STUDENTS REACH THEIR FULL POTENTIAL IN THE CLASSROOM AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. EDWARD'S SCHOOL PROVIDES EDUCATION FOR PRIMARY, INTERMEDIATE AND SECONDARY STUDENTS. APPROXIMATELY 674 STUDENTS WERE SERVED.
ST. EDWARD'S SCHOOL PROVIDES SEVERAL AUXILIARY SERVICES SUCH AS A SUMMER CAMP PROGRAM, RECREATIONAL/CLUB SWIM TEAM, TUTORIAL CENTER, AND EXTENDED DAY CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Logemann Trustee | Trustee | 2 | $0 |
Andrew Russell Trustee | Trustee | 2 | $0 |
John Huryn Trustee | Trustee | 2 | $0 |
Darren Sylvia Treasurer/secretary | OfficerTrustee | 8 | $0 |
Elson Smith Trustee | Trustee | 2 | $0 |
Richard Sameth Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flik Independent Schools Food Services | 6/29/23 | $715,020 |
Cem Aquatics Pool Construction | 6/29/23 | $694,704 |
A&t Europe Spa Pool Construction | 6/29/23 | $471,420 |
Ngu Sports Lighting Llc Athletic Field Lighting | 6/29/23 | $185,400 |
Main Stage Theatrical Supply Inc Theatre Curtains | 6/29/23 | $194,570 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $314,619 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,926,232 |
| Noncash contributions included in lines 1a–1f | $156,703 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,240,851 |
| Total Program Service Revenue | $16,570,155 |
| Investment income | $25,338 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,900 |
| Net Income from Fundraising Events | $122,394 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $45,438 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,007,156 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,435,079 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $284,625 |
| Compensation of current officers, directors, key employees. | $199,238 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,379,411 |
| Pension plan accruals and contributions | $426,876 |
| Other employee benefits | $704,516 |
| Payroll taxes | $582,674 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $126,293 |
| Fees for services: Accounting | $43,194 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $57,246 |
| Office expenses | $102,242 |
| Information technology | $263,229 |
| Royalties | $0 |
| Occupancy | $394,629 |
| Travel | $2,560 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,063,867 |
| Insurance | $788,093 |
| All other expenses | $1,020,454 |
| Total functional expenses | $17,492,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7 |
| Savings and temporary cash investments | $15,228,357 |
| Pledges and grants receivable | $147,165 |
| Accounts receivable, net | $803,605 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,331 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $13,475,439 |
| Investments—publicly traded securities | $23,598,501 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,119,231 |
| Total assets | $54,393,636 |
| Accounts payable and accrued expenses | $715,514 |
| Grants payable | $0 |
| Deferred revenue | $7,015,853 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $248,234 |
| Total liabilities | $7,979,601 |
| Net assets without donor restrictions | $28,168,752 |
| Net assets with donor restrictions | $18,245,283 |
| 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 | $54,393,636 |