Friends School Inc
- Assets
- $1.2m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 46
- Location
- Louisville, KY
- Founding
- 09/1992
- Data as of
- 06/2022
- EIN
- 61-1213141
Organization Overview
Friends School Inc is located in Louisville, KY. The organization was established in 1992. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Friends School Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends 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, Friends School Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 4.5% 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
THE ORGNAIZATION IS A COOPERATIVE PRESCHOOL AND ELEMENTARY SCHOOL. THE PROGRAM EMPHASIZES AN INCLUSIVE POPULATION, WHICH INCLUDES CHILDREN WITH SPECIAL NEEDS. THE PROGRAM PROVIDES EXPERIENTIAL CHILD-CENTERED EDUCATIONAL OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY COOPERATIVE CHILDHOOD EDUCATION PROGRAM, PROVIDES A NURTURING, CARING AND LOVING LEARNING ENVIRONMENT. THE UNIQUENESS OF EACH CHILD IS VALUED. TOLERANCE, KINDNESS AND GOOD CITIZENSHIP ARE TAUGHT. FAMILY INVOLVEMENT IS REQUIRED. CLASSES PROVIDE A LOW STUDENT-TEACHER RATIO TO MEET INDIVIDUAL NEEDS. A HIGHLY INDIVIDUALIZED, DEVELOPMENTALLY APPROPRIATE PROGRAM IS PROVIDED TO TEACH THE WHOLE CHILD.
FAMILY COOPERATIVE CHILDHOOD EDUCATION PROGRAM, PROVIDES A NURTURING, CARING AND LOVING LEARNING ENVIRONMENT. THE UNIQUENESS OF EACH CHILD IS VALUED. TOLERANCE, KINDNESS AND GOOD CITIZENSHIP ARE TAUGHT. FAMILY INVOLVEMENT IS REQUIRED. CLASSES PROVIDE A LOW STUDENT-TEACHER RATIO TO MEET INDIVIDUAL NEEDS. A HIGHLY INDIVIDUALIZED, DEVELOPMENTALLY APPROPRIATE PROGRAM IS PROVIDED TO TEACH THE WHOLE CHILD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Dwyer President | OfficerTrustee | $0 | |
Kristina Christensen Executive Di | Officer | $0 | |
Melanie Willis Business Man | Officer | $0 | |
Derek Cockerham Board Member | Trustee | $0 | |
Justin Jokovich Board Member | Trustee | $0 | |
Angie Bartley Treasurer | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $45,980 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $246,541 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $292,521 |
| Total Program Service Revenue | $1,598,378 |
| Investment income | $736 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,817 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,307,715 |
| 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 | $1,459,868 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $113,882 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $2,984 |
| Office expenses | $57,256 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,636 |
| Travel | $0 |
| 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 | $8,214 |
| Insurance | $14,061 |
| All other expenses | $3,884 |
| Total functional expenses | $1,881,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,125,545 |
| Savings and temporary cash investments | $4,415 |
| Pledges and grants receivable | $55 |
| Accounts receivable, net | $35,672 |
| 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 | $18,150 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,183,837 |
| Accounts payable and accrued expenses | $16,794 |
| Grants payable | $0 |
| Deferred revenue | $340,773 |
| 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 | $357,567 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $826,270 |
| Total liabilities and net assets/fund balances | $1,183,837 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Friends School Inc has recieved totaling $71,966.
| Awarding Organization | Amount |
|---|---|
Lift A Life Foundation Inc Mayfield Heights, OH PURPOSE: EARLY CHILDHOOD EDUCATION / GENERAL | $35,392 |
Whas Crusade For Children Inc Louisville, KY PURPOSE: $20,000 FOR PARTIAL SALARY FOR RESOURCE TEACHER AND INCLUSION ASSISTANT | $20,000 |
Honorable Order Of Kentucky Colonels Inc Louisville, KY PURPOSE: GENERAL SUPPORT | $8,500 |
Wood And Marie C Hannah Foundation Inc Louisville, KY PURPOSE: INCLUSION AND SPECIAL NEEDS PROGRAM | $5,000 |
Jamie Parsley Family Foundation Inc Prospect, KY PURPOSE: GRANT - OPERATIONAL | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $574 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Economic Security Corporation Of Southwest Area Joplin, MO | $10,642,309 | $18,556,997 |
Catherine Cook School Chicago, IL | $39,097,853 | $19,163,483 |
Pathway Inc Toledo, OH | $1,947,954 | $15,676,190 |
Leonard And Susan Fuchs Mizrachi School Beachwood, OH | $63,214,368 | $13,451,315 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Hope Montessori Academy St Louis, MO | $759,290 | $12,407,556 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Child Care Resource Center Of Cuyahoga County Cleveland, OH | $5,221,997 | $11,522,146 |
Forsyth School Inc Saint Louis, MO | $26,400,656 | $9,718,193 |
Rogers Park Montessori School Chicago, IL | $24,431,120 | $7,342,304 |
Chiaravalle Montessori School Evanston, IL | $20,991,628 | $8,509,054 |