Cold Spring School Inc
- Assets
- $986.2k
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 44
- Location
- Indianapolis, IN
- Founding
- 06/2016
- Data as of
- 06/2021
- EIN
- 81-2270305
Organization Overview
Cold Spring School Inc is located in Indianapolis, IN. The organization was established in 2016. 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 06/2021, Cold Spring School Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cold Spring 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 06/2021, Cold Spring School Inc generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $2.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 5 years. 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
THE MISSION OF COLD SPRING SCHOOL IS TO CREATE A LEARNING ENVIRONMENT THAT DEVELOPS STUDENTS' NATURAL CURIOSITY IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS. STUDENTS WILL ACQUIRE 21ST CENTURY SKILLS TO BECOME GLOBAL CITIZENS AND STEWARDS OF THE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEM CAMP- COLD SPRING DECIDED TO BEGIN OFFERING A STEM CAMP FOR OUR COMMUNITY, STUDENTS AND FAMILIES THIS YEAR. THIS CAMP HAS ALWAYS BEEN HELD AT MARIAN UNIVERSITY, BUT THEY COULD NOT PROVIDE THIS SUMMER. COLD SPRING DECIDED TO TAKE THIS ON AND IT WAS A HUGE SUCCESS.
WE OFFER A WONDERFUL BEFORE/AFTER SCHOOL PROGRAM THROUGH AYS. THIS IS VERY HELPFUL FOR OUR FAMILIES.
WE HOLD AN INDIANA STEM CERTIFICATION THROUGH THE DEPARTMENT OF EDUCATION.
STEM CAMP- COLD SPRING DECIDED TO BEGIN OFFERING A STEM CAMP FOR OUR COMMUNITY, STUDENTS AND FAMILIES THIS YEAR. THIS CAMP HAS ALWAYS BEEN HELD AT MARIAN UNIVERSITY, BUT THEY COULD NOT PROVIDE THIS SUMMER. COLD SPRING DECIDED TO TAKE THIS ON AND IT WAS A HUGE SUCCESS.
WE OFFER A WONDERFUL BEFORE/AFTER SCHOOL PROGRAM THROUGH AYS. THIS IS VERY HELPFUL FOR OUR FAMILIES.
WE HOLD AN INDIANA STEM CERTIFICATION THROUGH THE DEPARTMENT OF EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Bruns Chief Operating Officer | Officer | 40 | $121,921 |
Jr Renbarger Chair | OfficerTrustee | 0.5 | $0 |
Elizabeth Scott Treasurer | OfficerTrustee | 0.5 | $0 |
Christine Wise Secretary | OfficerTrustee | 0.5 | $0 |
Tonya Tudor Board Member | Trustee | 0.5 | $0 |
Tyler Graves 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 | $2,570,238 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,671,008 |
| Total Program Service Revenue | $42,068 |
| Investment income | $397 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $2,726,714 |
| 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. | $123,159 |
| Compensation of current officers, directors, key employees. | $20,937 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,632,290 |
| Pension plan accruals and contributions | $136,645 |
| Other employee benefits | $164,464 |
| Payroll taxes | $137,680 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,705 |
| Advertising and promotion | $2,190 |
| Office expenses | $82,671 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $59,813 |
| Insurance | $15,356 |
| All other expenses | $1,553 |
| Total functional expenses | $2,485,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $892,506 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $52,474 |
| Accounts receivable, net | $0 |
| 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 | $41,204 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $986,184 |
| Accounts payable and accrued expenses | $248,449 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $248,449 |
| Net assets without donor restrictions | $710,818 |
| Net assets with donor restrictions | $26,917 |
| 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 | $986,184 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cold Spring School Inc has recieved totaling $77,578.
| Awarding Organization | Amount |
|---|---|
Richard M Fairbanks Foundation Inc Indianapolis, IN PURPOSE: PREVENTION MATTERS SUBSTANCE USE PREVENTION INITIATIVE FOR MARION COUNTY SCHOOLS-EXTENSION GRANT | $37,578 |
Richard M Fairbanks Foundation Inc Indianapolis, IN PURPOSE: PREVENTION MATTERS SUBSTANCE USE PREVENTION INITIATIVE FOR MARION COUNTY SCHOOLS-EXTENSION GRANT | $30,000 |
D J Angus-Scientech Educational Foundation Carmel, IN PURPOSE: SCIENCE EDUCATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Chicago Charter School Corporation Chicago, IL | $14,482,747 | $19,743,627 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Canterbury School Inc Fort Wayne, IN | $14,789,368 | $17,058,422 |
Timothy Christian Schools Elmhurst, IL | $41,280,764 | $20,446,601 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Milwaukee Science Education Consortium Inc Milwaukee, WI | $22,408,763 | $18,701,164 |
Prairie School Inc Racine, WI | $75,801,246 | $20,722,980 |
Sayre School Lexington, KY | $37,948,520 | $16,925,718 |
Lexington Christian Academy Inc Lexington, KY | $37,177,484 | $18,280,442 |
Lake Forest Country Day School Lake Forest, IL | $60,294,395 | $16,845,171 |
Indian Community School Inc Franklin, WI | $820,604,355 | $21,906,582 |