Friends School Inc
- Assets
- $8.4m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 71
- Location
- Boulder, CO
- Founding
- 01/1991
- Data as of
- 06/2023
- EIN
- 84-1087693
Organization Overview
Friends School Inc is located in Boulder, CO. The organization was established in 1991. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Friends School Inc employed 71 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 06/2023, Friends School Inc generated $4.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $5.1m during the year ending 06/2023. While expenses have increased by 5.8% 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
FRIENDS' SCHOOL IS A SUPPORTIVE, DYNAMIC COMMUNITY COMMITTED TO EDUCATING THE WHOLE CHILD HEAD, HAND, AND HEART AND TO TRAINING EXCEPTIONAL TEACHERS FOR TOMORROW'S CLASSROOMS. WE PROVIDE A STRONG ACADEMIC FOUNDATION WHILE DEVELOPING CREATIVE EXPRESSION AND NURTURING A PASSION FOR LEARNING. OUR STUDENTS GAIN A DEEP UNDERSTANDING OF THEMSELVES AND ARE INSPIRED TO ACT WITH COMPASSION AND INTEGRITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL - FRIENDS SCHOOL OFFERS AN INDEPENDENT, NONSECTARIAN PROGRESSIVE PROGRAM FOR CHILDREN IN PRESCHOOL THROUGH GRADE EIGHT. WE ARE LEADERS IN SOCIAL AND EMOTIONAL LEARNING WITH A FOCUS ON MINDFULNESS PRACTICES AT ALL LEVELS. STUDENTS ARE CHALLENGED THROUGH EXPERIENTIAL LEARNING, EXPLORATION AND DIRECT INSTRUCTION, LOW STUDENT TO TEACHER RATIOS, AND ACTIVELY INVOLVED FAMILIES. OUR PRESCHOOL OFFERS A WARM, LOVING, PLAY-BASED APPROACH, SETTING THE FOUNDATION FOR SCHOOL READINESS. IN OUR ELEMENTARY SCHOOL WE EMPHASIZE AN EXPERIENTIAL AND GOLD STANDARD PROJECT-BASED CURRICULUM, FOCUSED ON DEVELOPING ACADEMIC SKILLS AND COMPETENCIES INCLUDING: PROBLEM SOLVING, CRITICAL THINKING, AND SOCIAL RESPONSIBILITY. THE MIDDLE SCHOOL PROVIDES THE OPTIMAL LEARNING ENVIRONMENT WHERE STUDENTS ARE CHALLENGED ACADEMICALLY THROUGH OUR BALANCED PROGRAM THAT ENSURES HIGH SCHOOL READINESS WHILE INSPIRING STUDENTS TO STAY ENGAGED AND MAKE A DIFFERENCE IN THE WORLD. WE ALSO OFFER AFTER SCHOOL CARE, ENRICHMENT PROGRAMS AND SUMMER CAMPS. OVERALL ENROLLMENT IS APPROXIMATELY 175 STUDENTS.
TEACHER CANDIDATES - FRIENDS SCHOOL OFFERS A UNIQUE TEACHER PREPARATION PROGRAM TO ASPIRING TEACHERS BY PROVIDING THEM WITH PRACTICAL CLASSROOM TEACHING EXPERIENCE AND COURSEWORK THAT ENABLES THEM TO ATTAIN A COLORADO INITIAL TEACHER LICENSE, AS WELL AS A MASTER'S DEGREE IN EDUCATION IN PARTNERSHIP WITH THE UNIVERSITY OF COLORADO DENVER. THIS HIGHLY REGARDED EDUCATION PROGRAM PLACES TEACHERS IN PUBLIC AND INDEPENDENT SCHOOLS THROUGHOUT BOULDER COUNTY AND SURROUNDING COUNTIES. WE LAUNCH APPROXIMATELY 20-30 TEACHER CANDIDATES EACH YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Honor Taft Head Of Scho | OfficerTrustee | 40 | $231,934 |
Heidi Halpern Director Of | Officer | 40 | $115,660 |
Matt Buchanan Trustee | Trustee | 2 | $0 |
Jenefer Donovan Past Chair | Trustee | 3 | $0 |
Elizabeth Henna Trustee | Trustee | 2 | $0 |
Erin Jackman Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,370 |
| Related organizations | $0 |
| Government grants | $230,218 |
| All other contributions, gifts, grants, and similar amounts not included above | $302,587 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $631,175 |
| Total Program Service Revenue | $4,092,700 |
| Investment income | $13,372 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,358 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,730,633 |
| 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. | $385,800 |
| Compensation of current officers, directors, key employees. | $256,640 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,652,697 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $315,993 |
| Payroll taxes | $266,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,515 |
| Fees for services: Accounting | $19,901 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $165,192 |
| Advertising and promotion | $50,257 |
| Office expenses | $16,937 |
| Information technology | $41,517 |
| Royalties | $0 |
| Occupancy | $202,940 |
| Travel | $18,200 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $80,098 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $179,887 |
| Insurance | $115,402 |
| All other expenses | $135,339 |
| Total functional expenses | $5,062,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,407 |
| Savings and temporary cash investments | $1,972,354 |
| Pledges and grants receivable | $29,147 |
| Accounts receivable, net | $91,227 |
| 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 | $21,211 |
| Net Land, buildings, and equipment | $3,808,848 |
| Investments—publicly traded securities | $2,132,091 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,440,285 |
| Accounts payable and accrued expenses | $326,761 |
| Grants payable | $0 |
| Deferred revenue | $2,006,177 |
| 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 | $1,649,018 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,981,956 |
| Net assets without donor restrictions | $2,250,975 |
| Net assets with donor restrictions | $2,207,354 |
| 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 | $8,440,285 |