Benjamin Private School Inc
- Assets
- $96.2m
- Revenue
- $39.2m
- Investments
- $0.0
- Employees
- 365
- Location
- North Palm Beach, FL
- Founding
- 09/1974
- Data as of
- 06/2022
- EIN
- 59-1536502
Organization Overview
Benjamin Private School Inc is located in North Palm Beach, FL. The organization was established in 1974. 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, Benjamin Private School Inc employed 365 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benjamin Private 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, Benjamin Private School Inc generated $39.2m 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 $34.3m during the year ending 06/2022. While expenses have increased by 2.8% 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
THE MISSION OF THE BENJAMIN SCHOOL IS TO PROVIDE A CHALLENGING COLLEGE PREPATORY EDUCATION TO A DIVERSE STUDENT BODY IN A STRUCTURED, NURTURING COMMUNITY ENVIRONMENT. THE SCHOOL MOTIVATES STUDENTS TO MASTER THE SKILLS OF LEARNING, COMMUNICATING, AND EVALUATING CHOICES, AND ENCOURAGES THEM TO GROW INTELLECTUALLY, SOCIALLY, MORALLY AND PHYSICALLY TO THEIR FULLEST INDIVIDUAL POTENTIAL. BENJAMIN INSPIRES ITS STUDENTS TO DEVELOP A COHERENT SET OF VALUES THAT INCLUDES LOVE OF LEARNING, PERSONAL RESPONSIBILITY, SELF-MOTIVATION, CONCERN FOR OTHERS AND A DESIRE TO SERVE SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BENJAMIN SCHOOL MOTIVATES STUDENTS TO MASTER THE SKILLS OF LEARNING, COMMUNICATING AND EVALUATING CHOICES, AND ENCOURAGES THEM TO GROW INTELLECTUALLY, SOCIALLY, MORALLY, AESTHETICALLY AND PHYSICALLY TO THEIR FULLEST INDIVIDUAL POTENTIAL. THE SCHOOL ADDRESSES THE STUDENTS' ACADEMIC NEEDS WHILE DEVELOPING AND SUPPORTING THEIR INTEREST IN AND PASSION FOR THE ARTS, ATHLETICS AND COMMUNITY SERVICE. THE SCHOOL PROVIDES A CHALLENGING COLLEGE PREPARATORY EDUCATION WITH 28 ADVANCED PLACEMENT COURSES, 16 HONORS COURSES AND STATE-OF-THE-ART SCIENCE AND WORLD LANGUAGE LABORATORIES. IN THE CURRENT YEAR THE SCHOOL HAD 100% COLLEGE MATRICULATION TO SOME OF THE NATION'S MOST PRESTIGIOUS UNIVERSITIES.
SUMMER CAMP CONSISTS OF A VARIETY OF ACTIVITIES TO PROVIDE STUDENTS WITH A FULLFILLING SUMMER VACATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren Lowe Chairman | OfficerTrustee | 1 | $0 |
Amy Zito Vice Chairman | OfficerTrustee | 1 | $0 |
Kelly Perkins Treasurer | OfficerTrustee | 1 | $0 |
Joe Costa Director | Trustee | 1 | $0 |
Dawn Crawford Director | Trustee | 1 | $0 |
Jay Horgen Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marketran Llc Marketing Services | 6/29/18 | $121,474 |
Janeen Ehrhart Field Trip/agent | 6/29/18 | $102,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $720,416 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,416,724 |
| Noncash contributions included in lines 1a–1f | $452,056 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,137,140 |
| Total Program Service Revenue | $33,930,037 |
| Investment income | $452,442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $154,451 |
| Net Income from Fundraising Events | $483,808 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,157,878 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,292,063 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $613,027 |
| Compensation of current officers, directors, key employees. | $42,911 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,468,834 |
| Pension plan accruals and contributions | $720,770 |
| Other employee benefits | $1,052,866 |
| Payroll taxes | $1,135,024 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,692 |
| Fees for services: Accounting | $50,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $116,922 |
| Fees for services: Other | $0 |
| Advertising and promotion | $350,707 |
| Office expenses | $0 |
| Information technology | $13,409 |
| Royalties | $0 |
| Occupancy | $39,808 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $601,378 |
| Interest | $339,332 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,652,776 |
| Insurance | $929,720 |
| All other expenses | $897,528 |
| Total functional expenses | $34,319,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,191,590 |
| Pledges and grants receivable | $1,397,405 |
| Accounts receivable, net | $31,537 |
| 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 | $1,604,402 |
| Net Land, buildings, and equipment | $46,119,948 |
| Investments—publicly traded securities | $24,867,332 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,140 |
| Total assets | $96,216,354 |
| Accounts payable and accrued expenses | $2,377,612 |
| Grants payable | $0 |
| Deferred revenue | $22,249,201 |
| Tax-exempt bond liabilities | $10,677,531 |
| 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 | $35,304,344 |
| Net assets without donor restrictions | $56,702,626 |
| Net assets with donor restrictions | $4,209,384 |
| 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 | $96,216,354 |