Glades Day School Inc
- Assets
- $3.3m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 86
- Location
- Belle Glade, FL
- Founding
- 02/1966
- Data as of
- 06/2022
- EIN
- 59-1101072
Organization Overview
Glades Day School Inc is located in Belle Glade, FL. The organization was established in 1966. 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, Glades Day School Inc employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glades Day 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, Glades Day School Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $4.4m during the year ending 06/2022. While expenses have increased by 4.6% 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
EDUCATION OF ELEMENTARY AND HIGH SCHOOL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL PROGRAM SERVICE ACTIVITIES ARE USED FOR THE FORMAL EDUCATION OF SCHOOL AGE STUDENTS FROM K-3 TO GRADE 12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amie L Pitts Head Of Scho | 40 | $106,582 | |
Willie Bueno Director | Trustee | $0 | |
Jake Davis Chairman | Trustee | $0 | |
Deanna Deaton Secretary | Trustee | $0 | |
Scott Desrochers Director | Trustee | $0 | |
David Lively Treasurer | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,788 |
| All other contributions, gifts, grants, and similar amounts not included above | $473,731 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,519 |
| Total Program Service Revenue | $3,547,998 |
| Investment income | $6,918 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,998 |
| Net Income from Fundraising Events | $224,241 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,356,736 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,589,768 |
| Pension plan accruals and contributions | $42,178 |
| Other employee benefits | $196,448 |
| Payroll taxes | $185,499 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $216 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,564 |
| Office expenses | $510 |
| Information technology | $84,024 |
| Royalties | $0 |
| Occupancy | $196,446 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,632 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $159,297 |
| Insurance | $166,613 |
| All other expenses | $106,555 |
| Total functional expenses | $4,417,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,263,302 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,540 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,908,687 |
| Investments—publicly traded securities | $46,416 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,276,945 |
| Accounts payable and accrued expenses | $271,877 |
| Grants payable | $0 |
| Deferred revenue | $105,629 |
| 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 | $0 |
| Total liabilities | $377,506 |
| Net assets without donor restrictions | $2,853,023 |
| Net assets with donor restrictions | $46,416 |
| 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 | $3,276,945 |