Spring Valley School Foundation
- Assets
- $3.4m
- Revenue
- $3.1m
- Investments
- $93.5k
- Employees
- 54
- Location
- Birmingham, AL
- Founding
- 01/2001
- Data as of
- 06/2021
- EIN
- 63-1253000
Organization Overview
Spring Valley School Foundation is located in Birmingham, AL. The organization was established in 2001. 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 06/2021, Spring Valley School Foundation employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring Valley School Foundation 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, Spring Valley School Foundation generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $2.8m during the year ending 06/2021. While expenses have increased by 15.8% per year over the past 6 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
PROVIDING SPECIALIZED LEARNING PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES INDIVIDUALIZED ACADEMIC PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL TO STUDENTS WITH LEARNING DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Johnson President | OfficerTrustee | 0.5 | $0 |
Dr Laura Fiveash Executive Director | Officer | 40 | $0 |
Wj Cornay MD Board Member | Trustee | 0.5 | $0 |
Jack Levy JD Board Member | Trustee | 0.5 | $0 |
Joe Abbott Jr Board Member | Trustee | 0.5 | $0 |
David Finn Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $282,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $380,527 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $663,227 |
| Total Program Service Revenue | $2,285,270 |
| Investment income | $1,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,000 |
| Net Gain/Loss on Asset Sales | $3,532 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,135,328 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $381,120 |
| 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 | $1,539,551 |
| Pension plan accruals and contributions | $38,116 |
| Other employee benefits | $165,153 |
| Payroll taxes | $120,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $16,752 |
| Information technology | $7,327 |
| Royalties | $0 |
| Occupancy | $65,918 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $42,901 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,036 |
| Insurance | $29,428 |
| All other expenses | $113,627 |
| Total functional expenses | $2,804,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $272,646 |
| Savings and temporary cash investments | $1,249,016 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $170,925 |
| 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 | $5,485 |
| Net Land, buildings, and equipment | $1,590,843 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $93,490 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,538 |
| Total assets | $3,383,943 |
| Accounts payable and accrued expenses | $164,384 |
| Grants payable | $0 |
| Deferred revenue | $267,079 |
| 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 | $1,839,915 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,271,378 |
| Net assets without donor restrictions | $1,028,181 |
| Net assets with donor restrictions | $84,384 |
| 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 | $3,383,943 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Spring Valley School Foundation has recieved totaling $253,510.
| Awarding Organization | Amount |
|---|---|
Scholarships For Kids Inc Birmingham, AL PURPOSE: TO PROVIDE ACCESS TO QUALITY EDUCATION | $117,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $61,100 |
The Community Foundation Of Greater Birmingham Birmingham, AL PURPOSE: GENERAL SUPPORT | $35,000 |
Ratliff Charitable Foundation Birmingham, AL PURPOSE: EDUCATIONAL | $30,000 |
Orlean And Ralph W Beeson Fund Birmingham, AL PURPOSE: SCHOLARSHIP ASSISTANCE TO LOW TO MODERATE INCOME STUDENTS FROM THE BIRMINGHAM AREA. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $410 |
Endowment Analysis
| Beg. Balance | $58,366 |
| Earnings | $15,812 |
| Admin Expense | $1,189 |
| Net Contributions | $20,501 |
| Ending Balance | $93,490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
Trinity School Inc Atlanta, GA | $133,203,671 | $25,058,941 |
Carrollwood Day School Education Inc Tampa, FL | $44,857,641 | $20,567,249 |
Kipp Jacksonville Inc Jacksonville, FL | $9,839,108 | $19,518,543 |
Randolph School Huntsville, AL | $69,168,210 | $21,425,432 |
Renaissance Arts And Education Inc Palmetto, FL | $29,910,781 | $21,492,050 |
Lakeland Christian School Inc Lakeland, FL | $60,596,367 | $29,249,240 |
Republic Schools Nashville Nashville, TN | $31,048,580 | $24,002,902 |
Alfred B Maclay Jr Day School Tallahassee, FL | $28,425,288 | $17,967,088 |
North Cobb Christian School Inc Kennesaw, GA | $44,288,708 | $22,180,039 |
Christian Academy Of Knoxville Inc Knoxville, TN | $16,374,308 | $19,411,697 |
Palm Beach Day Academy Inc Palm Beach, FL | $39,954,020 | $18,116,482 |