Giddens School is located in Seattle, WA. The organization was established in 1974. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Giddens School employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Giddens 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 06/2023, Giddens School generated $6.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $7.3m during the year ending 06/2023. While expenses have increased by 7.9% 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
NURTURES AND DEVELOPS ACADEMICALLY AND EMOTIONALLY CONFIDENT CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL AND ELEMENTARY EDUCATION FOR APPROXIMATELY 199 STUDENTS AGES 3-10 THROUGHOUT THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Viren Kamdar Chair And Treasurer | OfficerTrustee | 1 | $0 |
Alex Samano Former Chair | OfficerTrustee | 1 | $0 |
Mike Davis Trustee | Trustee | 1 | $0 |
Mark Donovan Trustee | Trustee | 1 | $0 |
Jarad Gifford Trustee | Trustee | 1 | $0 |
Jordan Grant Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $68,750 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $335,659 |
Noncash contributions included in lines 1a–1f | $12,782 |
Total Revenue from Contributions, Gifts, Grants & Similar | $404,409 |
Total Program Service Revenue | $6,368,756 |
Investment income | $30,955 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$73,695 |
Net Income from Fundraising Events | -$14,839 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,716,513 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,089,616 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $320,437 |
Compensation of current officers, directors, key employees. | $273,155 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,053,350 |
Pension plan accruals and contributions | $116,211 |
Other employee benefits | $200,463 |
Payroll taxes | $299,907 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,865 |
Fees for services: Accounting | $26,960 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $54,500 |
Fees for services: Investment Management | $11,537 |
Fees for services: Other | $100,208 |
Advertising and promotion | $73,868 |
Office expenses | $36,785 |
Information technology | $92,052 |
Royalties | $0 |
Occupancy | $920,779 |
Travel | $30 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $44,789 |
Interest | $14,030 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $513,638 |
Insurance | $11,470 |
All other expenses | $35,724 |
Total functional expenses | $7,343,027 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,081,920 |
Savings and temporary cash investments | $302,702 |
Pledges and grants receivable | $48,367 |
Accounts receivable, net | $16,906 |
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 | $117,860 |
Net Land, buildings, and equipment | $14,268,736 |
Investments—publicly traded securities | $1,010,374 |
Investments—other securities | $12,450 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $16,859,315 |
Accounts payable and accrued expenses | $326,523 |
Grants payable | $0 |
Deferred revenue | $746,293 |
Tax-exempt bond liabilities | $10,577,422 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $204,647 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $27,092 |
Total liabilities | $11,881,977 |
Net assets without donor restrictions | $4,938,508 |
Net assets with donor restrictions | $38,830 |
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 | $16,859,315 |