Holden & Bennett, operating under the name Westlawn School, is located in Winston Salem, NC. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Westlawn School employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westlawn School 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, Westlawn School generated $421.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $288.0k during the year ending 06/2022. While expenses have increased by 19.7% per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A SCHOOL FOR EXCEPTIONAL CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
WESTLAWN SCHOOL OPERATIONAL COSTS. WESTLAWN IS A PRIVATE, INDEPENDENT SCHOOL SERVING 3RD- 7TH GRADERS WHO ARE HIGHLY ACADEMICALLY GIFTED AND HAVE A LEARNING OR SOCIAL DISORDER DIAGNOSIS. THERE WERE 12 STUDENTS IN THE SECOND YEAR OF OPERATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kara Holden President, CEO | OfficerTrustee | 40 | $37,542 |
Alexis Poindexter Chief Financial Officer | OfficerTrustee | 40 | $20,000 |
Amy Bergelin Secretary | OfficerTrustee | 2 | $0 |
Will Henderson Director | Trustee | 1 | $0 |
Fuller Parham Director | Trustee | 1 | $0 |
Virginia Pleasants Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $168,618 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $168,618 |
Total Program Service Revenue | $252,877 |
Investment income | $0 |
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 | $421,495 |
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. | $80,667 |
Compensation of current officers, directors, key employees. | $44,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $86,192 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $300 |
Payroll taxes | $14,696 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,975 |
Fees for services: Accounting | $1,907 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,446 |
Advertising and promotion | $1,477 |
Office expenses | $579 |
Information technology | $2,189 |
Royalties | $0 |
Occupancy | $65,379 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $13 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,142 |
Insurance | $4,405 |
All other expenses | $1,393 |
Total functional expenses | $287,971 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $180,820 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $311 |
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 | $43,542 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $224,673 |
Accounts payable and accrued expenses | $1,606 |
Grants payable | $0 |
Deferred revenue | $49,808 |
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 | $51,414 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $173,259 |
Total liabilities and net assets/fund balances | $224,673 |
Over the last fiscal year, we have identified 1 grants that Holden & Bennett has recieved totaling $5,152.
Awarding Organization | Amount |
---|---|
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 5 GRANT(S) FOR VARYING PURPOSES | $5,152 |
Organization Name | Assets | Revenue |
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Grafton School Incorporated Winchester, VA | $59,407,353 | $59,458,949 |
Atlanta International School Inc Atlanta, GA | $81,752,727 | $41,788,500 |
Atlanta Speech School Inc Atlanta, GA | $105,924,715 | $24,977,187 |
Depaul Community Resources Roanoke, VA | $12,194,514 | $23,378,306 |
Phillips Programs Annandale, VA | $24,790,311 | $22,425,625 |
Life St Joseph Of The Pines Inc Fayetteville, NC | $16,318,020 | $24,172,182 |
Alternative Paths Training School Inc Dumfries, VA | $29,662,762 | $20,489,291 |
Currey Ingram Academy Brentwood, TN | $68,664,811 | $19,766,895 |
The Faison Center Inc Richmond, VA | $62,568,652 | $21,070,606 |
The Howard School Inc Atlanta, GA | $46,587,964 | $14,630,236 |
Schenck School Inc Atlanta, GA | $49,204,547 | $13,089,821 |
Virginia Episcopal School Lynchburg, VA | $42,343,812 | $12,608,124 |