Good Hope Country Day School Inc is located in Kingshill, VI. The organization was established in 1978. 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, Good Hope Country Day School Inc employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Hope Country 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, Good Hope Country Day School Inc generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 43.5% each year . All expenses for the organization totaled $4.5m 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
TO CULTIVATE REFLECTIVE, CREATIVE, AND COMPASSIONATE STUDENTS WHO ARE CRITICAL THINKERS PREPARED TO EXCEL IN COLLEGE AND EMPOWERED TO BETTER THEIR ISLAND AND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TUITION INCOME AND EXPENSES RELATED TO OPERATIONS OF A SMALL INDEPENDENT COLLEGE PREPARATORY SCHOOL SERVING STUDENTS AND THEIR FAMILIES, IN GRADES NURSERY THROUGH 12. AVERAGE ENROLLMENT 335 STUDENTS
AUXILIARY INCOME AND EXPENSES RELATED TO THE OPERATION OF AN AFTER-SCHOOL CARE/ACTIVITY PROGRAM SERVING APPROXIMATELY 160 STUDENTS IN GRADES NURSERY THROUGH 6 IN SUPERVISED EXTENDED CARE/ENRICHMENT ACTIVITIES; SALE OF MISCELLANEOUS SCHOOL SUPPLIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Bugg Head Of Scho | Officer | 60 | $191,000 |
Susan Gibbons Business Man | 50 | $109,350 | |
George Ashley Vice Chair | OfficerTrustee | 3 | $0 |
James Benton Vice Chair | OfficerTrustee | 3 | $0 |
Richard Evangelista Secretary | OfficerTrustee | 3 | $0 |
Jed Johnhope Board Chair | OfficerTrustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
James Adams Electrical Llc Electrical | 6/29/22 | $159,045 |
Continental Construction & Engineer Utility Bldg | 6/29/22 | $104,808 |
Castle Glassworks Window Project | 6/29/22 | $130,926 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $25,510 |
All other contributions, gifts, grants, and similar amounts not included above | $493,543 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $519,053 |
Total Program Service Revenue | $3,765,322 |
Investment income | $14,551 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $13,570 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,069,204 |
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 | $2,279,224 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $396,487 |
Payroll taxes | $192,898 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $149,149 |
Advertising and promotion | $0 |
Office expenses | $39,068 |
Information technology | $107,553 |
Royalties | $0 |
Occupancy | $789,873 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $14,444 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $135,987 |
Insurance | $220,766 |
All other expenses | $0 |
Total functional expenses | $4,478,628 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,940,954 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,215 |
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 | $169,622 |
Net Land, buildings, and equipment | $1,772,430 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $23,315 |
Total assets | $5,932,536 |
Accounts payable and accrued expenses | $400,605 |
Grants payable | $0 |
Deferred revenue | $1,073,888 |
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 | $282,782 |
Other liabilities | $109,898 |
Total liabilities | $1,867,173 |
Net assets without donor restrictions | $3,530,363 |
Net assets with donor restrictions | $535,000 |
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 | $5,932,536 |
Over the last fiscal year, we have identified 2 grants that Good Hope Country Day School Inc has recieved totaling $39,497.
Awarding Organization | Amount |
---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $24,497 |
Lester And Phyllis Foster Foundation Hampton, CT PURPOSE: GENERAL FINANCIAL ASSISTANCE | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Antilles School Inc St Thomas, VI | $18,150,774 | $7,193,439 |
Good Hope Country Day School Inc Kingshill, VI | $5,932,536 | $5,069,204 |
Virgin Islands Montessori School Inc St Thomas, VI | $10,940,872 | $6,258,599 |
Gifft Hill School Inc St John, VI | $7,446,421 | $3,215,239 |
The Foundation For Te College Of The Virgin Islands Inc St Thomas, VI | $87,725,641 | $3,069,621 |