Griffin School Inc
- Assets
- $7.6m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 45
- Location
- Austin, TX
- Founding
- 06/1996
- Data as of
- 07/2023
- EIN
- 74-2767150
Organization Overview
Griffin School Inc is located in Austin, TX. The organization was established in 1996. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 07/2023, Griffin School Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Griffin 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 07/2023, Griffin School Inc generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $3.6m during the year ending 07/2023. While expenses have increased by 12.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GRIFFIN SCHOOL IS A COLLEGE PREPARATORY HIGH SCHOOL COMMUNITY DEFINED BY ACADEMIC RIGOR AND CREATIVITY. OUR MISSION IS TO CULTIVATE INDIVIDUAL POTENTIAL AND INTELLECTUAL CURIOSITY WITHIN A VIBRANT AND ENGAGED COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRIFFIN SCHOOL IS ACCREDITED BY THE TEXAS ALLIANCE OF ACCREDITED PRIVATE SCHOOLS, UNDER THE AUSPICES OF THE TEXAS PRIVATE SCHOOL ACCREDITATION COMMISSION. NATIONAL MERIT RECOGNITION: FIVE STUDENTS IN THE CLASS OF 2024 WERE RECOGNIZED AS COMMENDED STUDENTS IN THE 2023 NATIONAL MERIT SCHOLARSHIP PROGRAM. 2023 REGIONAL SCHOLASTIC ART & WRITING AWARDS: IN THE ARTS, GRIFFIN STUDENTS WON 1 NATIONAL SILVER KEY, AND 10 REGIONAL SCHOLASTIC ART AWARDS, INCLUDING 3 GOLD KEYS, 3 SILVER KEYS, AND 4 HONORABLE MENTIONS. IN THE WRITING COMPETITION, GRIFFIN STUDENTS WON 10 AWARDS, INCLUDING 2 GOLD KEYS IN POETRY, 2 SILVER KEYS IN POETRY, 1 SILVER KEY IN CRITICAL ESSAY, AND 5 HONORABLE MENTIONS IN SCIFI & FANTASY, CRITICAL ESSAY, POETRY, AND FLASH FICTION. AP SCHOLARS: IN JULY 2023, A TOTAL OF 37 STUDENTS WERE RECOGNIZED BY THE COLLEGE BOARD AS AP SCHOLARS, INCLUDING 10 SCHOLARS WITH HONOR (AVG. AP SCORE OF 3.96) AND 11 SCHOLARS WITH DISTINCTION (AVG. AP SCORE OF 4.06). COMMUNITY SERVICE REQUIREMENT: GRIFFIN STUDENTS COMPLETE 20 HOURS OF VOLUNTEER SERVICE PER YEAR, RESULTING IN A TOTAL OF 80 HOURS BY THEIR GRADUATION DATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Wilson Executive Dir. | OfficerTrustee | 40 | $97,969 |
Patricia Marquez Director | Trustee | 40 | $57,383 |
Wendy Salome President | OfficerTrustee | 1 | $0 |
Kristina Rollins Secretary | OfficerTrustee | 1 | $0 |
Nancy Mccranie Director | Trustee | 1 | $0 |
Michael Willy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $59,285 |
| All other contributions, gifts, grants, and similar amounts not included above | $285,793 |
| Noncash contributions included in lines 1a–1f | $2,627 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $345,078 |
| Total Program Service Revenue | $3,513,331 |
| Investment income | $48,901 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $42,060 |
| Net Gain/Loss on Asset Sales | $14,429 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,966,402 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $289,760 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $162,731 |
| Compensation of current officers, directors, key employees. | $22,782 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,857,036 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $201,371 |
| Payroll taxes | $134,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,742 |
| Advertising and promotion | $26,101 |
| Office expenses | $28,743 |
| Information technology | $18,338 |
| Royalties | $0 |
| Occupancy | $308,595 |
| 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 | $129,859 |
| Insurance | $5,712 |
| All other expenses | $19,052 |
| Total functional expenses | $3,638,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,240,271 |
| Savings and temporary cash investments | $1,958,311 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,925 |
| 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 | $87,861 |
| Net Land, buildings, and equipment | $3,876,912 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $414,362 |
| Total assets | $7,584,642 |
| Accounts payable and accrued expenses | $27,362 |
| Grants payable | $0 |
| Deferred revenue | $1,867,932 |
| 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 | $1,771,179 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $403,521 |
| Total liabilities | $4,069,994 |
| Net assets without donor restrictions | $3,370,333 |
| Net assets with donor restrictions | $144,315 |
| 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 | $7,584,642 |